10-K Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0000950170-22-001811`
Period End Date	20211231
Filing Date	20220223
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	mktx-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 71 Cash Flow Statement 128 Stockholders Equity 40 Comprehensive Income 18

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$163.00K	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$140.00K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$460.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$506.74M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash segregated under federal regulations	`CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations`	$50.06M	USD	Point-in-time
Cash segregated under federal regulations	`CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations`	$50.16M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.86M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.86M	shares	Point-in-time
Investments, at fair value	`MarketableSecurities`	$28.11M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments, at fair value	`MarketableSecurities`	$36.08M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $[[xx]] and $163 as of December 31, 2021 and 2020 ,respectively	`AccountsReceivableNet`	$79.58M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $[[xx]] and $163 as of December 31, 2021 and 2020 ,respectively	`AccountsReceivableNet`	$63.88M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Receivables from broker-dealers, clearing organizations and customers	`ReceivablesFromBrokersDealersClearingOrganizationsAndCustomers`	$408.35M	USD	Point-in-time
Receivables from broker-dealers, clearing organizations and customers	`ReceivablesFromBrokersDealersClearingOrganizationsAndCustomers`	$279.92M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Goodwill	`Goodwill`	$147.39M	USD	Point-in-time
Goodwill	`Goodwill`	$154.79M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$95.35M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.85M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.91M	shares	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$116.38M	USD	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$85.20M	USD	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$96.06M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$70.96M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$75.92M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.99M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$29.04M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$27.07M	USD	Point-in-time
Total assets	`Assets`	$1.53B	USD	Point-in-time
Total assets	`Assets`	$1.33B	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$62.33M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$59.72M	USD	Point-in-time
Payables to broker-dealers, clearing organizations and customers	`PayablesToBrokerDealersAndClearingOrganizations`	$229.32M	USD	Point-in-time
Payables to broker-dealers, clearing organizations and customers	`PayablesToBrokerDealersAndClearingOrganizations`	$133.33M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$42.75M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$40.46M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$44.35M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$71.22M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$93.61M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$88.42M	USD	Point-in-time
Total liabilities	`Liabilities`	$376.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$489.14M	USD	Point-in-time
Commitments and Contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$123.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$123.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$330.26M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$329.74M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,992,550 shares and 2,845,770 shares as of December 31, 2021 and 2020, respectively	`TreasuryStockValue`	$232.71M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,992,550 shares and 2,845,770 shares as of December 31, 2021 and 2020, respectively	`TreasuryStockValue`	$169.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$799.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$956.97M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.65M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$607.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.04B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$770.09M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$955.06M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.33B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.53B	USD	Point-in-time

Income Statement 71 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$511.35M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$698.95M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$689.12M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$156.88M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$131.08M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$170.92M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$36.00M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$53.45M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$26.86M	USD	Annual
Technology and communications	`CommunicationsAndInformationTechnology`	$34.09M	USD	Annual
Technology and communications	`CommunicationsAndInformationTechnology`	$26.79M	USD	Annual
Technology and communications	`CommunicationsAndInformationTechnology`	$42.47M	USD	Annual
Professional and consulting fees	`ProfessionalFees`	$41.92M	USD	Annual
Professional and consulting fees	`ProfessionalFees`	$25.53M	USD	Annual
Professional and consulting fees	`ProfessionalFees`	$32.30M	USD	Annual
Occupancy	`OccupancyNet`	$13.32M	USD	Annual
Occupancy	`OccupancyNet`	$13.43M	USD	Annual
Occupancy	`OccupancyNet`	$11.64M	USD	Annual
Marketing and advertising	`MarketingAndAdvertisingExpense`	$9.06M	USD	Annual
Marketing and advertising	`MarketingAndAdvertisingExpense`	$11.56M	USD	Annual
Marketing and advertising	`MarketingAndAdvertisingExpense`	$7.94M	USD	Annual
Clearing costs	`TransactionCosts`	$16.07M	USD	Annual
Clearing costs	`TransactionCosts`	$11.31M	USD	Annual
Clearing costs	`TransactionCosts`	$21.06M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$15.70M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$14.50M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$12.70M	USD	Annual
Total expenses	`OperatingExpenses`	$314.40M	USD	Annual
Total expenses	`OperatingExpenses`	$361.72M	USD	Annual
Total expenses	`OperatingExpenses`	$260.47M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$337.24M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$374.73M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$250.88M	USD	Annual
Investment income	`InvestmentIncomeNonoperating`	$401.00K	USD	Annual
Investment income	`InvestmentIncomeNonoperating`	$8.06M	USD	Annual
Investment income	`InvestmentIncomeNonoperating`	$2.45M	USD	Annual
Interest expense	`InterestExpense`	$842.00K	USD	Annual
Interest expense	`InterestExpense`	$1.14M	USD	Annual
Other, net	`OtherNonoperatingIncomeExpense`	$-1.52M	USD	Annual
Other, net	`OtherNonoperatingIncomeExpense`	$-2.87M	USD	Annual
Other, net	`OtherNonoperatingIncomeExpense`	$-1.67M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.31M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$6.54M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-369.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$374.36M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$333.92M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$257.42M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$52.52M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$74.98M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$76.03M	USD	Annual
Net income	`NetIncomeLoss`	$299.38M	USD	Annual
Net income	`NetIncomeLoss`	$204.90M	USD	Annual
Net income	`NetIncomeLoss`	$257.89M	USD	Annual
Basic	`EarningsPerShareBasic`	$8.01	USD	Annual
Basic	`EarningsPerShareBasic`	$5.53	USD	Annual
Basic	`EarningsPerShareBasic`	$6.88	USD	Annual
Diluted	`EarningsPerShareDiluted`	$5.40	USD	Annual
Diluted	`EarningsPerShareDiluted`	$6.77	USD	Annual
Diluted	`EarningsPerShareDiluted`	$7.85	USD	Annual
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.66	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.60	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.40	USD	Annual
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.51	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.64	USD	Annual
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.08M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.51M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.36M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.14M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.96M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.10M	shares	Annual

Cash Flow Statement 128 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$299.38M	USD	Annual
Net income	`NetIncomeLoss`	$204.90M	USD	Annual
Net income	`NetIncomeLoss`	$257.89M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$53.45M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$26.86M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$36.00M	USD	Annual
Amortization of operating lease right-of-use assets	`AmortizationOfOperatingLeaseRightOfUseAssets`	$6.84M	USD	Annual
Amortization of operating lease right-of-use assets	`AmortizationOfOperatingLeaseRightOfUseAssets`	$6.80M	USD	Annual
Amortization of operating lease right-of-use assets	`AmortizationOfOperatingLeaseRightOfUseAssets`	$5.79M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$25.61M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$25.29M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$27.31M	USD	Annual
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.12M	USD	Annual
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.67M	USD	Annual
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$10.10M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$778.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$466.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$550.00K	USD	Annual
Decrease (Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.60M	USD	Annual
Decrease (Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$18.02M	USD	Annual
Decrease (Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.96M	USD	Annual
(Increase) in receivables from broker-dealers, clearing organizations and customers	`IncreaseDecreaseInBrokerageReceivables`	$156.91M	USD	Annual
(Increase) in receivables from broker-dealers, clearing organizations and customers	`IncreaseDecreaseInBrokerageReceivables`	$182.87M	USD	Annual
(Increase) in receivables from broker-dealers, clearing organizations and customers	`IncreaseDecreaseInBrokerageReceivables`	-	USD	Annual
Decrease (Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.62M	USD	Annual
Decrease (Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.98M	USD	Annual
Decrease (Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.21M	USD	Annual
Increase in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$14.96M	USD	Annual
Increase in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$8.31M	USD	Annual
Increase in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.61M	USD	Annual
Increase in payables to broker-dealers, clearing organizations and customers	`IncreaseDecreaseInPayablesToBrokerDealers`	$96.00M	USD	Annual
Increase in payables to broker-dealers, clearing organizations and customers	`IncreaseDecreaseInPayablesToBrokerDealers`	$133.33M	USD	Annual
Increase in payables to broker-dealers, clearing organizations and customers	`IncreaseDecreaseInPayablesToBrokerDealers`	-	USD	Annual
(Decrease) Increase in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$187.00K	USD	Annual
(Decrease) Increase in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-5.64M	USD	Annual
(Decrease) Increase in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$16.19M	USD	Annual
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$215.00K	USD	Annual
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.01M	USD	Annual
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-820.00K	USD	Annual
(Decrease) increase in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-7.00M	USD	Annual
(Decrease) increase in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-5.79M	USD	Annual
(Decrease) increase in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-829.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$404.49M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$265.94M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$282.09M	USD	Annual
Acquisitions, net of cash and cash equivalents acquired	`PaymentsToAcquireNetOfCashAndCashEquivalentsAcquired`	$23.30M	USD	Annual
Acquisitions, net of cash and cash equivalents acquired	`PaymentsToAcquireNetOfCashAndCashEquivalentsAcquired`	$17.08M	USD	Annual
Acquisitions, net of cash and cash equivalents acquired	`PaymentsToAcquireNetOfCashAndCashEquivalentsAcquired`	$97.43M	USD	Annual
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$170.94M	USD	Annual
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$170.66M	USD	Annual
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	Annual
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$32.87M	USD	Annual
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$160.83M	USD	Annual
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	Annual
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.01M	USD	Annual
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.49M	USD	Annual
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.29M	USD	Annual
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$33.12M	USD	Annual
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$22.41M	USD	Annual
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$30.62M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$30.00K	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$68.87M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.69M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-122.05M	USD	Annual
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$90.57M	USD	Annual
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$99.79M	USD	Annual
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$76.23M	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.21M	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$7.10M	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.01M	USD	Annual
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$42.42M	USD	Annual
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.89M	USD	Annual
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.82M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$17.26M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$63.19M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$16.14M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$70.35M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$578.36M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	-	USD	Annual
Repayments of short-term borrowings	`RepaymentsOfSubordinatedDebt`	$70.35M	USD	Annual
Repayments of short-term borrowings	`RepaymentsOfSubordinatedDebt`	-	USD	Annual
Repayments of short-term borrowings	`RepaymentsOfSubordinatedDebt`	$578.36M	USD	Annual
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-189.78M	USD	Annual
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-118.10M	USD	Annual
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-145.11M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.55M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.01M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-7.11M	USD	Annual
Net increase for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$333.80M	USD	Annual
Net increase for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.52M	USD	Annual
Net increase for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.80M	USD	Annual
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$608.05M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$274.25M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$625.57M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.46M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$608.05M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$274.25M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$625.57M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.46M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$45.05M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$70.00M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$51.77M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$1.14M	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	$830.00K	USD	Annual
Exercise of stock options - cashless	`StockIssued1`	$2.75M	USD	Annual
Exercise of stock options - cashless	`StockIssued1`	$10.87M	USD	Annual
Exercise of stock options - cashless	`StockIssued1`	$1.81M	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$727.00K	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.97M	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$7.46M	USD	Annual
Contingent consideration payable recognized in connection with acquisitions	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	$14.66M	USD	Annual
Contingent consideration payable recognized in connection with acquisitions	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	-	USD	Annual
Contingent consideration payable recognized in connection with acquisitions	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	$27.95M	USD	Annual
Fair value of assets acquired	`FairValueOfAssetsAcquired`	-	USD	Annual
Fair value of assets acquired	`FairValueOfAssetsAcquired`	-	USD	Annual
Fair value of assets acquired	`FairValueOfAssetsAcquired`	$148.43M	USD	Annual
Cash paid for acquisition of business, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAndCashEquivalentsAcquired`	-	USD	Annual
Cash paid for acquisition of business, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAndCashEquivalentsAcquired`	-	USD	Annual
Cash paid for acquisition of business, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAndCashEquivalentsAcquired`	$97.43M	USD	Annual
Treasury stock used for acquisition of business	`TreasuryStockUsedForAcquisitionOfBusiness`	-	USD	Annual
Treasury stock used for acquisition of business	`TreasuryStockUsedForAcquisitionOfBusiness`	$48.83M	USD	Annual
Treasury stock used for acquisition of business	`TreasuryStockUsedForAcquisitionOfBusiness`	-	USD	Annual
Liabilities assumed	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	-	USD	Annual
Liabilities assumed	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	-	USD	Annual
Liabilities assumed	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	$2.17M	USD	Annual

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.66	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.60	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.40	USD	Annual
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.51	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.64	USD	Annual
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	Annual
Beginning Balance	`StockholdersEquity`	$607.88M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.04B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$770.09M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$955.06M	USD	Point-in-time
Net income	`NetIncomeLoss`	$299.38M	USD	Annual
Net income	`NetIncomeLoss`	$204.90M	USD	Annual
Net income	`NetIncomeLoss`	$257.89M	USD	Annual
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.16M	USD	Annual
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.68M	USD	Annual
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.13M	USD	Annual
Unrealized net (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$996.00K	USD	Annual
Unrealized net (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-544.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.29M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.61M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.31M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.21M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.10M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.01M	USD	Annual
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$25.82M	USD	Annual
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$33.89M	USD	Annual
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$42.42M	USD	Annual
Treasury shares used for acquisition	`TreasuryStockUsedForAcquisitionOfBusiness`	-	USD	Annual
Treasury shares used for acquisition	`TreasuryStockUsedForAcquisitionOfBusiness`	$48.83M	USD	Annual
Treasury shares used for acquisition	`TreasuryStockUsedForAcquisitionOfBusiness`	-	USD	Annual
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$63.19M	USD	Annual
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$17.26M	USD	Annual
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$16.14M	USD	Annual
Cash dividend on common stock	`DividendsCommonStockCash`	$77.07M	USD	Annual
Cash dividend on common stock	`DividendsCommonStockCash`	$91.09M	USD	Annual
Cash dividend on common stock	`DividendsCommonStockCash`	$100.29M	USD	Annual
Ending Balance	`StockholdersEquity`	$607.88M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.04B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$770.09M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$955.06M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$299.38M	USD	Annual
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-1.22M	USD	Annual
Net income	`NetIncomeLoss`	$204.90M	USD	Annual
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-1.47M	USD	Annual
Net income	`NetIncomeLoss`	$257.89M	USD	Annual
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-721.00K	USD	Annual
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	Annual
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $[[xxx]], (1,468), and $(1,218), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.16M	USD	Annual
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-172.00K	USD	Annual
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $[[xxx]], (1,468), and $(1,218), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.68M	USD	Annual
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$312.00K	USD	Annual
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $[[xxx]], (1,468), and $(1,218), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.13M	USD	Annual
Net unrealized gain (loss) on securities available-for-sale, net of tax of $[[xxx]], $(172), and $312, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Net unrealized gain (loss) on securities available-for-sale, net of tax of $[[xxx]], $(172), and $312, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$996.00K	USD	Annual
Net unrealized gain (loss) on securities available-for-sale, net of tax of $[[xxx]], $(172), and $312, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-544.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$207.03M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$249.21M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$305.00M	USD	Annual

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