10-K Filing

MASIMO CORP CIK: 937556 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000937556-24-000018`
Period End Date	20231231
Filing Date	20240228
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	masi-20231230_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 51 Cash Flow Statement 113 Stockholders Equity 46 Comprehensive Income 15

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.70M	USD	Point-in-time
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.80M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	52.80M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	52.50M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	52.50M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	52.80M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$163.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$202.90M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$745.30M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $4.8 and $7.7 at December 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$355.50M	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $4.8 and $7.7 at December 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$445.90M	USD	Point-in-time
Inventories	`InventoryNet`	$545.00M	USD	Point-in-time
Inventories	`InventoryNet`	$501.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$168.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$158.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.23B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.31B	USD	Point-in-time
Lease receivable, non-current	`NetInvestmentInLeaseNoncurrent`	$73.10M	USD	Point-in-time
Lease receivable, non-current	`NetInvestmentInLeaseNoncurrent`	$71.40M	USD	Point-in-time
Deferred costs and other contract assets	`DeferredCosts`	$41.90M	USD	Point-in-time
Deferred costs and other contract assets	`DeferredCosts`	$57.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$402.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$424.40M	USD	Point-in-time
Finite-lived intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$419.90M	USD	Point-in-time
Finite-lived intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$460.60M	USD	Point-in-time
Trademarks - (Note 9)	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$232.40M	USD	Point-in-time
Trademarks - (Note 9)	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$262.00M	USD	Point-in-time
Goodwill	`Goodwill`	$445.40M	USD	Point-in-time
Goodwill	`Goodwill`	$407.70M	USD	Point-in-time
Goodwill	`Goodwill`	$100.30M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$107.20M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$102.50M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$114.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$89.30M	USD	Point-in-time
Total assets	`Assets`	$3.04B	USD	Point-in-time
Total assets	`Assets`	$3.21B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$276.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$251.50M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$89.30M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$62.60M	USD	Point-in-time
Deferred revenue and other contract-related liabilities, current	`DeferredRevenueCurrent`	$87.30M	USD	Point-in-time
Deferred revenue and other contract-related liabilities, current	`DeferredRevenueCurrent`	$80.60M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$162.40M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$183.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$630.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$563.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$871.70M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$941.60M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$163.60M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$111.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$136.50M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$129.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.68B	USD	Point-in-time
Commitments and contingencies - (Note 24)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - (Note 24)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5.0 shares authorized; 0.0 shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5.0 shares authorized; 0.0 shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, $0.001 par value; 100.0 shares authorized; 52.8 and 52.5 shares issued and outstanding at December 30, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	$100.00K	USD	Point-in-time
Common stock, $0.001 par value; 100.0 shares authorized; 52.8 and 52.5 shares issued and outstanding at December 30, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	$100.00K	USD	Point-in-time
Treasury stock, 19.5 and 19.5 shares at December 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$1.17B	USD	Point-in-time
Treasury stock, 19.5 and 19.5 shares at December 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$1.17B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$783.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$782.20M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$11.50M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-45.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.80B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.71B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.41B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.55B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.34B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.04B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.21B	USD	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.04B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.05B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.04B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$977.00M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$430.80M	USD	Annual
Gross profit	`GrossProfit`	$1.06B	USD	Annual
Gross profit	`GrossProfit`	$808.40M	USD	Annual
Gross profit	`GrossProfit`	$1.00B	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$657.40M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$395.40M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$664.00M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$175.20M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$137.20M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$191.40M	USD	Annual
Litigation settlements	`GainLossRelatedToLitigationSettlement`	-	USD	Annual
Litigation settlements	`GainLossRelatedToLitigationSettlement`	-	USD	Annual
Litigation settlements	`GainLossRelatedToLitigationSettlement`	$-17.80M	USD	Annual
Impairment charge	`AssetImpairmentCharges`	-	USD	Annual
Impairment charge	`AssetImpairmentCharges`	-	USD	Annual
Impairment charge	`AssetImpairmentCharges`	$10.00M	USD	Annual
Total operating expenses	`OperatingExpenses`	$848.80M	USD	Annual
Total operating expenses	`OperatingExpenses`	$867.00M	USD	Annual
Total operating expenses	`OperatingExpenses`	$532.60M	USD	Annual
Operating income	`OperatingIncomeLoss`	$210.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$136.50M	USD	Annual
Operating income	`OperatingIncomeLoss`	$275.80M	USD	Annual
Non-operating loss	`NonoperatingIncomeExpense`	$-48.40M	USD	Annual
Non-operating loss	`NonoperatingIncomeExpense`	$-1.40M	USD	Annual
Non-operating loss	`NonoperatingIncomeExpense`	$-16.60M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$88.10M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$274.40M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$193.40M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$44.80M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$49.90M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.60M	USD	Annual
Net income	`NetIncomeLoss`	$81.50M	USD	Annual
Net income	`NetIncomeLoss`	$143.50M	USD	Annual
Net income	`NetIncomeLoss`	$229.60M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.16	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.68	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.54	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.98	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.51	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.60	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.60M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.20M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.80M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.20M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.10M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.70M	shares	Annual

Cash Flow Statement 113 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$229.60M	USD	Annual
Net income	`NetIncomeLoss`	$81.50M	USD	Annual
Net income	`NetIncomeLoss`	$143.50M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$98.30M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$136.10M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.60M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$47.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$44.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$7.00M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.40M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.90M	USD	Annual
Loss on disposal of equipment, intangibles and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-500.00K	USD	Annual
Loss on disposal of equipment, intangibles and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-500.00K	USD	Annual
Loss on disposal of equipment, intangibles and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-800.00K	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$800.00K	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$1.10M	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$1.30M	USD	Annual
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-39.30M	USD	Annual
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-35.60M	USD	Annual
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-15.10M	USD	Annual
Impairment charge	`AssetImpairmentCharges`	-	USD	Annual
Impairment charge	`AssetImpairmentCharges`	-	USD	Annual
Impairment charge	`AssetImpairmentCharges`	$10.00M	USD	Annual
(Increase) decrease in trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-90.20M	USD	Annual
(Increase) decrease in trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$138.50M	USD	Annual
(Increase) decrease in trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$60.80M	USD	Annual
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$155.90M	USD	Annual
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$69.20M	USD	Annual
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$-13.50M	USD	Annual
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$7.40M	USD	Annual
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$8.60M	USD	Annual
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-6.90M	USD	Annual
(Increase) decrease in lease receivable, net	`ProceedsFromLeasePayments`	$-16.10M	USD	Annual
(Increase) decrease in lease receivable, net	`ProceedsFromLeasePayments`	$1.70M	USD	Annual
(Increase) decrease in lease receivable, net	`ProceedsFromLeasePayments`	$-12.80M	USD	Annual
(Increase) decrease in deferred costs and other contract assets	`IncreaseDecreaseInDeferredCharges`	$8.10M	USD	Annual
(Increase) decrease in deferred costs and other contract assets	`IncreaseDecreaseInDeferredCharges`	$14.40M	USD	Annual
(Increase) decrease in deferred costs and other contract assets	`IncreaseDecreaseInDeferredCharges`	$13.40M	USD	Annual
(Increase) decrease in other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	Annual
(Increase) decrease in other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-3.00M	USD	Annual
(Increase) decrease in other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$4.90M	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-19.60M	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$60.50M	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.00M	USD	Annual
Increase (decrease) in accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.30M	USD	Annual
Increase (decrease) in accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-26.80M	USD	Annual
Increase (decrease) in accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	-	USD	Annual
Increase (decrease) in deferred revenue and other contract-related liabilities	`IncreaseDecreaseInDeferredRevenue`	$7.10M	USD	Annual
Increase (decrease) in deferred revenue and other contract-related liabilities	`IncreaseDecreaseInDeferredRevenue`	$7.10M	USD	Annual
Increase (decrease) in deferred revenue and other contract-related liabilities	`IncreaseDecreaseInDeferredRevenue`	$28.10M	USD	Annual
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$6.40M	USD	Annual
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.80M	USD	Annual
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-15.10M	USD	Annual
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-22.80M	USD	Annual
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-16.10M	USD	Annual
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.80M	USD	Annual
Increase (decrease) in other non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$4.10M	USD	Annual
Increase (decrease) in other non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.60M	USD	Annual
Increase (decrease) in other non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$800.00K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$94.10M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$264.60M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.40M	USD	Annual
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.50M	USD	Annual
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.00M	USD	Annual
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.80M	USD	Annual
Increase in intangible assets	`PaymentsToAcquireIntangibleAssets`	$43.70M	USD	Annual
Increase in intangible assets	`PaymentsToAcquireIntangibleAssets`	$9.40M	USD	Annual
Increase in intangible assets	`PaymentsToAcquireIntangibleAssets`	$3.50M	USD	Annual
Business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-7.50M	USD	Annual
Business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$999.70M	USD	Annual
Other strategic investing activities	`PaymentsToAcquireLongtermInvestments`	$1.00M	USD	Annual
Other strategic investing activities	`PaymentsToAcquireLongtermInvestments`	$2.60M	USD	Annual
Other strategic investing activities	`PaymentsToAcquireLongtermInvestments`	$1.70M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.06B	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-81.20M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.50M	USD	Annual
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$1.08B	USD	Annual
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	-	USD	Annual
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$189.00M	USD	Annual
Repayments under revolving line of credit	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Repayments under revolving line of credit	`RepaymentsOfLinesOfCredit`	$135.40M	USD	Annual
Repayments under revolving line of credit	`RepaymentsOfLinesOfCredit`	$240.20M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromStockOptionsExercised`	$7.00M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromStockOptionsExercised`	$23.20M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromStockOptionsExercised`	$8.10M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$128.90M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$401.50M	USD	Annual
Payroll tax withholdings on behalf of employees for stock options	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.40M	USD	Annual
Payroll tax withholdings on behalf of employees for stock options	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.90M	USD	Annual
Payroll tax withholdings on behalf of employees for stock options	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.70M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.30M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-122.40M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-57.10M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$520.40M	USD	Annual
Effect of foreign currency exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.30M	USD	Annual
Effect of foreign currency exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.80M	USD	Annual
Effect of foreign currency exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-30.90M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-41.40M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$103.40M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-538.80M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$748.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$645.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$209.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$209.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$748.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$645.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.20M	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	52.50M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	52.80M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.55B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.41B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	200,000.00	shares	Annual
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	400,000.00	shares	Annual
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	100,000.00	shares	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.10M	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.40M	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$20.80M	USD	Annual
Shares paid for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.90M	USD	Annual
Shares paid for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.40M	USD	Annual
Shares paid for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.70M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$47.70M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.70M	USD	Annual
Repurchases of common stock (in shares)	`TreasuryStockSharesAcquired`	500,000.00	shares	Annual
Repurchases of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	Annual
Repurchases of common stock (in shares)	`TreasuryStockSharesAcquired`	3.00M	shares	Annual
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$129.00M	USD	Annual
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	Annual
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$401.50M	USD	Annual
Net change on pension obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	Annual
Net change on pension obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.90M	USD	Annual
Net change on pension obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.60M	USD	Annual
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$14.70M	USD	Annual
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	Annual
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-8.80M	USD	Annual
Net income	`NetIncomeLoss`	$81.50M	USD	Annual
Net income	`NetIncomeLoss`	$143.50M	USD	Annual
Net income	`NetIncomeLoss`	$229.60M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.90M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-45.10M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.90M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	52.50M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	52.80M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$1.55B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.41B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$229.60M	USD	Annual
Net income	`NetIncomeLoss`	$81.50M	USD	Annual
Net income	`NetIncomeLoss`	$143.50M	USD	Annual
Unrealized (loss) gain from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.90M	USD	Annual
Unrealized (loss) gain from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-45.10M	USD	Annual
Unrealized (loss) gain from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.90M	USD	Annual
Net change in retirement obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	Annual
Net change in retirement obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.90M	USD	Annual
Net change in retirement obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.60M	USD	Annual
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$14.70M	USD	Annual
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	Annual
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-8.80M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$24.70M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$160.50M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$222.70M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.