10-Q Filing

SS&C TECHNOLOGIES HOLDINGS INC CIK: 1402436 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-016908`
Period End Date	20230331
Filing Date	20230503
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	ssnc-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 104 Income Statement 58 Cash Flow Statement 90 Stockholders Equity 30

Balance Sheet 104 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.70M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$24.70M	USD	Point-in-time
Accumulated amortization of finite-lived intangible assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$3.45B	USD	Point-in-time
Accumulated amortization of finite-lived intangible assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$3.60B	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$558.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$433.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$440.10M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Funds receivable and funds held on behalf of clients	`FundsReceivableAndFundsHeldOnBehalfOfClients`	$429.20M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Funds receivable and funds held on behalf of clients	`FundsReceivableAndFundsHeldOnBehalfOfClients`	$966.30M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $24.7 and $21.7, respectively	`AccountsReceivableNetCurrent`	$811.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $24.7 and $21.7, respectively	`AccountsReceivableNetCurrent`	$778.60M	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetCurrent`	$42.30M	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetCurrent`	$45.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$193.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$156.20M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	272.30M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	271.90M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	249.10M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	251.00M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.30M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.40M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.42B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	20.90M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	23.20M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.88B	USD	Point-in-time
Property, plant and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$343.90M	USD	Point-in-time
Property, plant and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$326.60M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$250.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$260.60M	USD	Point-in-time
Investments (Note 3)	`LongTermInvestmentsExcludingInvestmentsInUnconsolidatedAffiliates`	$192.90M	USD	Point-in-time
Investments (Note 3)	`LongTermInvestmentsExcludingInvestmentsInUnconsolidatedAffiliates`	$193.90M	USD	Point-in-time
Unconsolidated affiliates (Note 4)	`EquityMethodInvestments`	$266.90M	USD	Point-in-time
Unconsolidated affiliates (Note 4)	`EquityMethodInvestments`	$257.70M	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetNoncurrent`	$115.90M	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetNoncurrent`	$112.80M	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$8.89B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$8.86B	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $3,598.9 and $3,445.4, respectively	`IntangibleAssetsNetAndOtherAssetsExcludingGoodwill`	$4.10B	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $3,598.9 and $3,445.4, respectively	`IntangibleAssetsNetAndOtherAssetsExcludingGoodwill`	$4.18B	USD	Point-in-time
Total assets	`Assets`	$16.01B	USD	Point-in-time
Total assets	`Assets`	$16.65B	USD	Point-in-time
Current portion of long-term debt (Note 7)	`LongTermDebtCurrent`	$55.70M	USD	Point-in-time
Current portion of long-term debt (Note 7)	`LongTermDebtCurrent`	$129.40M	USD	Point-in-time
Client funds obligations	`ClientFundsObligationsCurrent`	$966.30M	USD	Point-in-time
Client funds obligations	`ClientFundsObligationsCurrent`	$429.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$49.50M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$34.30M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$83.70M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$140.30M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$235.80M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$200.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$28.40M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$331.40M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$356.10M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$493.60M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$464.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.19B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.65B	USD	Point-in-time
Long-term debt, net of current portion (Note 7)	`LongTermDebtNoncurrent`	$7.02B	USD	Point-in-time
Long-term debt, net of current portion (Note 7)	`LongTermDebtNoncurrent`	$6.91B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$228.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$237.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$232.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$225.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$846.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$872.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.55B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest (Note 3)	`RedeemableNoncontrollingInterest`	$2.10M	USD	Point-in-time
Redeemable noncontrolling interest (Note 3)	`RedeemableNoncontrollingInterest`	$1.60M	USD	Point-in-time
Preferred stock, $0.01 par value per share, 5.0 million shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share, 5.0 million shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.11B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.17B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-550.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-508.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.82B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.74B	USD	Point-in-time
Cost of common stock in treasury, 23.2 and 20.9 million shares, respectively	`TreasuryStockValue`	$1.39B	USD	Point-in-time
Cost of common stock in treasury, 23.2 and 20.9 million shares, respectively	`TreasuryStockValue`	$1.26B	USD	Point-in-time
Total SS&C stockholders' equity	`StockholdersEquity`	$6.08B	USD	Point-in-time
Total SS&C stockholders' equity	`StockholdersEquity`	$6.04B	USD	Point-in-time
Noncontrolling interest (Note 9)	`MinorityInterest`	$56.60M	USD	Point-in-time
Noncontrolling interest (Note 9)	`MinorityInterest`	$56.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.14B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.22B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.10B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$16.65B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$16.01B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.29B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.36B	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$675.20M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$725.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$619.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$637.00M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$110.90M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$139.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$105.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$118.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$111.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$98.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$328.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$356.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$291.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$280.10M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-111.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-49.30M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$5.40M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-9.00M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$1.30M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$5.70M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-600.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$178.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$234.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$63.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$52.50M	USD	1 Quarter
Net income	`ProfitLoss`	$171.30M	USD	1 Quarter
Net income	`ProfitLoss`	$126.20M	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-800.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	1 Quarter
Net income attributable to SS&C common stockholders	`NetIncomeLoss`	$126.00M	USD	1 Quarter
Net income attributable to SS&C common stockholders	`NetIncomeLoss`	$172.10M	USD	1 Quarter
Basic earnings per share attributable to SS&C common stockholders	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic earnings per share attributable to SS&C common stockholders	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Diluted earnings per share attributable to SS&C common stockholders	`EarningsPerShareDiluted`	$0.64	USD	1 Quarter
Diluted earnings per share attributable to SS&C common stockholders	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Basic weighted-average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	250.40M	shares	1 Quarter
Basic weighted-average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	255.80M	shares	1 Quarter
Diluted weighted-average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	257.00M	shares	1 Quarter
Diluted weighted-average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	267.60M	shares	1 Quarter
Net income	`ProfitLoss`	$171.30M	USD	1 Quarter
Net income	`ProfitLoss`	$126.20M	USD	1 Quarter
Change in unrealized gain on interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.20M	USD	1 Quarter
Change in unrealized gain on interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-28.30M	USD	1 Quarter
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$42.00M	USD	1 Quarter
Change in defined benefit pension obligation	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-100.00K	USD	1 Quarter
Change in defined benefit pension obligation	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.10M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.20M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$42.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$143.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$168.30M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$200.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-800.00K	USD	1 Quarter
Comprehensive income attributable to SS&C common stockholders	`ComprehensiveIncomeNetOfTax`	$168.10M	USD	1 Quarter
Comprehensive income attributable to SS&C common stockholders	`ComprehensiveIncomeNetOfTax`	$143.90M	USD	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$171.30M	USD	1 Quarter
Net income	`ProfitLoss`	$126.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$165.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$165.60M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$1.30M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$5.70M	USD	1 Quarter
Distributions received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$15.00M	USD	1 Quarter
Distributions received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$39.90M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$41.90M	USD	1 Quarter
Net losses (gains) on investments	`GainLossOnInvestments`	$1.00M	USD	1 Quarter
Net losses (gains) on investments	`GainLossOnInvestments`	$-3.80M	USD	1 Quarter
Amortization and write-offs of loan origination costs and original issue discounts	`AmortizationOfFinancingCostsAndDiscounts`	$2.60M	USD	1 Quarter
Amortization and write-offs of loan origination costs and original issue discounts	`AmortizationOfFinancingCostsAndDiscounts`	$3.50M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtExcludingPaymentsRelatingToFinancingActivities`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtExcludingPaymentsRelatingToFinancingActivities`	$600.00K	USD	1 Quarter
Loss on sale or disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-6.40M	USD	1 Quarter
Loss on sale or disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$33.30M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$30.20M	USD	1 Quarter
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$5.00M	USD	1 Quarter
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$2.80M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$35.30M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$32.40M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-7.90M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-38.70M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$7.00M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$100.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.30M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.20M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-155.70M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-186.50M	USD	1 Quarter
Income taxes prepaid and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$48.80M	USD	1 Quarter
Income taxes prepaid and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$59.60M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$29.10M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-6.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$254.80M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$183.50M	USD	1 Quarter
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.55B	USD	1 Quarter
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.50M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.80M	USD	1 Quarter
Additions to capitalized software	`PaymentsToAcquireSoftware`	$42.60M	USD	1 Quarter
Additions to capitalized software	`PaymentsToAcquireSoftware`	$24.80M	USD	1 Quarter
Proceeds from sales / maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$2.50M	USD	1 Quarter
Proceeds from sales / maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$900.00K	USD	1 Quarter
Collection of other non-current receivables	`ProceedsFromCollectionOfOtherNonCurrentReceivables`	$2.40M	USD	1 Quarter
Collection of other non-current receivables	`ProceedsFromCollectionOfOtherNonCurrentReceivables`	$2.70M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.58B	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.80M	USD	1 Quarter
Cash received from debt borrowings, net of original issue discount	`ProceedsFromIssuanceOfDebt`	$145.00M	USD	1 Quarter
Cash received from debt borrowings, net of original issue discount	`ProceedsFromIssuanceOfDebt`	$1.63B	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$48.20M	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$189.60M	USD	1 Quarter
Payment of deferred financing fees	`PaymentOfDeferredFinancingFees`	-	USD	1 Quarter
Payment of deferred financing fees	`PaymentOfDeferredFinancingFees`	$-12.40M	USD	1 Quarter
Net (decrease) increase in client funds obligations	`IncreaseDecreaseInClientFundsObligationsNet`	$-156.90M	USD	1 Quarter
Net (decrease) increase in client funds obligations	`IncreaseDecreaseInClientFundsObligationsNet`	$-541.90M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$15.30M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$48.80M	USD	1 Quarter
Withholding taxes paid related to equity award net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$100.00K	USD	1 Quarter
Withholding taxes paid related to equity award net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$500.00K	USD	1 Quarter
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$133.30M	USD	1 Quarter
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$170.90M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$50.70M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$51.10M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.24B	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-755.30M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$900.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-4.50M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-549.40M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-163.60M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.17B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$788.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.34B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.01B	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.17B	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$788.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.34B	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.01B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$558.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$433.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$440.10M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.30M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.40M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.50M	USD	Point-in-time
Restricted cash and cash equivalents included in funds receivable and funds held on behalf of clients	`RestrictedCashAndCashEquivalentsIncludedInFundsReceivableAndFundsHeldOnBehalfOfClientsRestricted`	$352.40M	USD	Point-in-time
Restricted cash and cash equivalents included in funds receivable and funds held on behalf of clients	`RestrictedCashAndCashEquivalentsIncludedInFundsReceivableAndFundsHeldOnBehalfOfClientsRestricted`	$2.45B	USD	Point-in-time
Cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$788.20M	USD	Point-in-time
Cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.01B	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.14B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.10B	USD	Point-in-time
Beginning balance, shares	`CommonStockSharesIssued`	272.30M	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesIssued`	271.90M	shares	Point-in-time
Net income	`ProfitLoss`	$171.30M	USD	1 Quarter
Net income	`ProfitLoss`	$126.20M	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$42.00M	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.30M	USD	1 Quarter
Net change in interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.20M	USD	1 Quarter
Net change in interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Defined benefit pension adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.10M	USD	1 Quarter
Defined benefit pension adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-100.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$41.90M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$39.90M	USD	1 Quarter
Exercise of options, net of withholding taxes	`StockIssuedDuringPeriodValueStockOptionsExercised`	$15.20M	USD	1 Quarter
Exercise of options, net of withholding taxes	`StockIssuedDuringPeriodValueStockOptionsExercised`	$48.50M	USD	1 Quarter
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$134.70M	USD	1 Quarter
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$170.90M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$51.10M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$50.70M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.14B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.22B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.10B	USD	Point-in-time
Ending balance, shares	`CommonStockSharesIssued`	272.30M	shares	Point-in-time
Ending balance, shares	`CommonStockSharesIssued`	271.90M	shares	Point-in-time

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