10-Q Filing

MERCADOLIBRE INC CIK: 1099590 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0000950123-11-074527`
Period End Date	20110630
Filing Date	20110809
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	meli-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 75 Cash Flow Statement 63 Stockholders Equity 33

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.25M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.57M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.80M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.13M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$72.38M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.14M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$5.34M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$12.62M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.13M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$14.98M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.14M	shares	Point-in-time
Funds receivable from customers	`ReceivablesFromCustomers`	$6.15M	USD	Point-in-time
Funds receivable from customers	`ReceivablesFromCustomers`	$7.91M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$913.26K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.33M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$12.91M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$12.40M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$5.96M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$6.87M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$159.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$101.64M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$50.20M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$78.85M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$31.32M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$20.82M	USD	Point-in-time
Goodwill, net	`Goodwill`	$61.36M	USD	Point-in-time
Goodwill, net	`Goodwill`	$60.50M	USD	Point-in-time
Goodwill, net	`Goodwill`	$59.82M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.14M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.82M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$2.98M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$1.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$671.88K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$771.22K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$149.30M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$168.05M	USD	Point-in-time
Total assets	`Assets`	$308.53M	USD	Point-in-time
Total assets	`Assets`	$269.68M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.33M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$17.23M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$58.18M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$48.79M	USD	Point-in-time
Payroll and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$10.55M	USD	Point-in-time
Payroll and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$10.79M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$11.49M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$8.06M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$100.03K	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$105.50K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.53M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$88.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$100.75M	USD	Point-in-time
Payroll and social security payable	`EmployeeRelatedLiabilitiesNonCurrent`	$3.11M	USD	Point-in-time
Payroll and social security payable	`EmployeeRelatedLiabilitiesNonCurrent`	$2.56M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$188.85K	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$125.72K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$4.73M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$5.17M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.18M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.65M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$9.57M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$10.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$110.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$97.96M	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 44,141,707 and 44,131,376 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$44.13K	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 44,141,707 and 44,131,376 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$44.14K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.43M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.39M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$95.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$73.68M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-18.34M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$133.72M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$171.72M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$114.19M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$197.63M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$308.53M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$269.68M	USD	Point-in-time

Income Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`SalesRevenueServicesNet`	$130.84M	USD	2 Qtrs
Net revenues	`SalesRevenueServicesNet`	$98.45M	USD	2 Qtrs
Net revenues	`SalesRevenueServicesNet`	$52.51M	USD	1 Quarter
Net revenues	`SalesRevenueServicesNet`	$69.38M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$11.41M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$31.27M	USD	2 Qtrs
Cost of net revenues	`CostOfRevenue`	$16.94M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$21.30M	USD	2 Qtrs
Gross profit	`GrossProfit`	$99.57M	USD	2 Qtrs
Gross profit	`GrossProfit`	$41.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$52.44M	USD	1 Quarter
Gross profit	`GrossProfit`	$77.14M	USD	2 Qtrs
Product and technology development	`TechnologyServicesCosts`	$5.52M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$10.68M	USD	2 Qtrs
Product and technology development	`TechnologyServicesCosts`	$7.20M	USD	2 Qtrs
Product and technology development	`TechnologyServicesCosts`	$3.98M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$11.47M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$22.58M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$28.87M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$15.64M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.73M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.18M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.83M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.04M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$30.89M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$58.72M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$22.28M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$42.82M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$21.55M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$18.81M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$40.84M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$34.32M	USD	2 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$2.25M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$4.12M	USD	2 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$1.71M	USD	2 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$917.39K	USD	1 Quarter
Interest expense and other financial charges	`InterestExpense`	$880.82K	USD	1 Quarter
Interest expense and other financial charges	`InterestExpense`	$1.51M	USD	2 Qtrs
Interest expense and other financial charges	`InterestExpense`	$3.36M	USD	1 Quarter
Interest expense and other financial charges	`InterestExpense`	$6.35M	USD	2 Qtrs
Foreign currency (loss) / gain	`ForeignCurrencyTransactionGainBeforeTax`	$-702.71K	USD	1 Quarter
Foreign currency (loss) / gain	`ForeignCurrencyTransactionGainBeforeTax`	$-1.20M	USD	2 Qtrs
Foreign currency (loss) / gain	`ForeignCurrencyTransactionGainBeforeTax`	$361.49K	USD	2 Qtrs
Foreign currency (loss) / gain	`ForeignCurrencyTransactionGainBeforeTax`	$-35.48K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$240.10K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$260.44K	USD	2 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$16.34M	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.46M	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$42.51M	USD	2 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$30.04M	USD	2 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$13.64M	USD	2 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$7.64M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$8.75M	USD	2 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$4.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$28.88M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$21.29M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.82M	USD	1 Quarter
Basic net income per common share	`EarningsPerShareBasic`	$0.65	USD	2 Qtrs
Basic net income per common share	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Basic net income per common share	`EarningsPerShareBasic`	$0.26	USD	1 Quarter
Basic net income per common share	`EarningsPerShareBasic`	$0.48	USD	2 Qtrs
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.12M	shares	2 Qtrs
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.12M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.14M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.13M	shares	2 Qtrs
Diluted net income per common share	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Diluted net income per common share	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Diluted net income per common share	`EarningsPerShareDiluted`	$0.65	USD	2 Qtrs
Diluted net income per common share	`EarningsPerShareDiluted`	$0.48	USD	2 Qtrs
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.14M	shares	2 Qtrs
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	2 Qtrs

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$11.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$28.88M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$21.29M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.19M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.31M	USD	2 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-37.76K	USD	2 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-2.35M	USD	2 Qtrs
Stock-based compensation expense - stock options	`StockOptionPlanExpense`	$121.00	USD	2 Qtrs
Stock-based compensation expense - restricted shares	`RestrictedStockExpense`	$37.70K	USD	2 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$1.52M	USD	2 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$2.30M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.10M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.48M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$164.56K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.58M	USD	2 Qtrs
Funds receivable from customers	`IncreaseDecreaseInFundsReceivableFromCustomers`	$1.78M	USD	2 Qtrs
Funds receivable from customers	`IncreaseDecreaseInFundsReceivableFromCustomers`	$-247.44K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-51.73K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$393.48K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.07M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.74M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.77M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.25M	USD	2 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$4.74M	USD	2 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$6.72M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$430.61K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.78M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.09M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.73M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$64.25M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$201.00M	USD	2 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$171.09M	USD	2 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$26.86M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$108.82K	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$12.73K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.91M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.25M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.26M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.31M	USD	2 Qtrs
Decrease in loans payable	`RepaymentsOfShortTermDebt`	$2.99M	USD	2 Qtrs
Dividends distribution	`PaymentsOfDividendsCommonStock`	$3.53M	USD	2 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$5.45K	USD	2 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$10.71K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.52M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.99M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-26.86K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$465.12K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-12.58M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.23M	USD	2 Qtrs
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$44.25M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$31.57M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$49.80M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$44.25M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$31.57M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$49.80M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$26.43K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$5.75M	USD	2 Qtrs
Cash paid for income and asset taxes	`IncomeTaxesPaid`	$14.81M	USD	2 Qtrs
Cash paid for income and asset taxes	`IncomeTaxesPaid`	$10.38M	USD	2 Qtrs

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$133.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$171.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$114.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$197.63M	USD	Point-in-time
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.45K	USD	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$12.75K	USD	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$10.71K	USD	2 Qtrs
Stock-based compensation - stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$123.00	USD	2 Qtrs
Stock-based compensation - stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$121.00	USD	2 Qtrs
Stock-based compensation - restricted shares	`StockBasedCompensationRestrictedShares`	$37.70K	USD	2 Qtrs
Stock-based compensation LTRP	`StockBasedCompensationLtrp`	$73.92K	USD	2 Qtrs
Stock-based compensation LTRP	`StockBasedCompensationLtrp`	$3.57K	USD	2 Qtrs
Stock-based compensation LTRP	`StockBasedCompensationLtrp`	$26.99K	USD	2 Qtrs
Dividend distribution	`DividendsCommonStockCash`	$7.06M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$11.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$28.88M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$21.29M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.82M	USD	1 Quarter
Balance	`StockholdersEquity`	$133.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$171.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$114.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$197.63M	USD	Point-in-time
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$3.72M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.47M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$2.82M	USD	2 Qtrs
Unrealized net gains/(losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$381.44K	USD	2 Qtrs
Unrealized net gains/(losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$432.46K	USD	2 Qtrs
Unrealized net gains/(losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-386.94K	USD	2 Qtrs
Realized net gain on investments	`RealizedNetGainOnInvestments`	$-27.63K	USD	2 Qtrs
Realized net gain on investments	`RealizedNetGainOnInvestments`	$-45.53K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$18.05M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.42M	USD	1 Quarter

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