10-Q Filing

PTC INC. CIK: 857005 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-038543`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	ptc-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 76 Cash Flow Statement 84 Stockholders Equity 43 Comprehensive Income 40

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$272.18M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$362.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$429.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$281.51M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $0 and $362 at June 30, 2023 and September 30, 2022, respectively	`AccountsReceivableNetCurrent`	$636.56M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $0 and $362 at June 30, 2023 and September 30, 2022, respectively	`AccountsReceivableNetCurrent`	$625.47M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$88.85M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$118.87M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$71.06M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$77.42M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.10B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.07B	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$89.18M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$98.10M	USD	Point-in-time
Goodwill	`Goodwill`	$3.38B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Goodwill	`Goodwill`	$2.35B	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$382.72M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.47M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	118.73M	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$959.12M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$146.31M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	118.73M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.47M	shares	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$256.09M	USD	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$137.78M	USD	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$144.86M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$390.27M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$387.59M	USD	Point-in-time
Total assets	`Assets`	$4.69B	USD	Point-in-time
Total assets	`Assets`	$6.21B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.15M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$117.16M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$148.78M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$104.02M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$150.77M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$5.14M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$19.20M	USD	Point-in-time
Deferred acquisition payments	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$620.04M	USD	Point-in-time
Deferred acquisition payments	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$631.33M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$503.78M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$23.04M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$22.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.61B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$792.26M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.74B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.35B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$28.40M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$35.08M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$19.10M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$16.55M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$167.57M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$171.78M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$33.13M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$35.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.61B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.39B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000 shares authorized; 0 and 117,472 shares issued and outstanding at June 30, 2023 and September 30, 2022, respectively	`CommonStockValue`	$1.18M	USD	Point-in-time
Common stock, $0.01 par value; 500,000 shares authorized; 0 and 117,472 shares issued and outstanding at June 30, 2023 and September 30, 2022, respectively	`CommonStockValue`	$1.19M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.77B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.72B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$727.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$927.67M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-97.64M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-153.46M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.16B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.08B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.30B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.04B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.60B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.52B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.21B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.69B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.55B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$542.34M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.43B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$462.47M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$325.15M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$102.00M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$290.45M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$115.85M	USD	1 Quarter
Gross margin	`GrossProfit`	$1.23B	USD	3 Qtrs
Gross margin	`GrossProfit`	$1.13B	USD	3 Qtrs
Gross margin	`GrossProfit`	$426.49M	USD	1 Quarter
Gross margin	`GrossProfit`	$360.48M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$392.67M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$145.08M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$124.33M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$366.21M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$103.82M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$250.64M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$292.35M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$88.17M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$57.05M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$154.03M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$54.62M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$173.95M	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$25.86M	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$29.35M	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$10.67M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$8.93M	USD	1 Quarter
Restructuring and other charges (credits), net	`RestructuringCostsAndAssetImpairmentCharges`	$36.89M	USD	3 Qtrs
Restructuring and other charges (credits), net	`RestructuringCostsAndAssetImpairmentCharges`	$4.46M	USD	1 Quarter
Restructuring and other charges (credits), net	`RestructuringCostsAndAssetImpairmentCharges`	$-39.00K	USD	1 Quarter
Restructuring and other charges (credits), net	`RestructuringCostsAndAssetImpairmentCharges`	$-376.00K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$280.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$887.94M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$316.59M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$833.63M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$301.35M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$79.98M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$109.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$337.34M	USD	3 Qtrs
Interest and debt premium expense	`InterestExpense`	$35.84M	USD	1 Quarter
Interest and debt premium expense	`InterestExpense`	$13.76M	USD	1 Quarter
Interest and debt premium expense	`InterestExpense`	$93.72M	USD	3 Qtrs
Interest and debt premium expense	`InterestExpense`	$38.98M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$2.46M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$34.56M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$398.00K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-2.64M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$100.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$244.02M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$76.53M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$259.72M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$30.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$53.48M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.13M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$44.08M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$199.94M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$61.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$206.24M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$70.48M	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$1.76	USD	3 Qtrs
Earnings per shareBasic	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$1.69	USD	3 Qtrs
Earnings per shareBasic	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Earnings per shareDiluted	`EarningsPerShareDiluted`	$1.75	USD	3 Qtrs
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Earnings per shareDiluted	`EarningsPerShareDiluted`	$1.68	USD	3 Qtrs
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	117.07M	shares	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	118.19M	shares	3 Qtrs
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	118.48M	shares	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	117.11M	shares	3 Qtrs
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	119.39M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.97M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	119.07M	shares	3 Qtrs
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.10M	shares	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$199.94M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$61.40M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$206.24M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$70.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$76.94M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.46M	USD	3 Qtrs
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$26.15M	USD	3 Qtrs
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$24.70M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$133.28M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$49.42M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$147.57M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$53.82M	USD	1 Quarter
Loss on investment	`GainLossOnInvestments`	$-31.85M	USD	3 Qtrs
Loss on investment	`GainLossOnInvestments`	-	USD	3 Qtrs
Gain on divestiture of business	`GainLossOnSaleOfBusiness`	$29.81M	USD	3 Qtrs
Gain on divestiture of business	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$3.11M	USD	3 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$645.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-99.52M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-25.23M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.43M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.41M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$5.96M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.33M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$18.70M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$18.04M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-9.91M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$6.12M	USD	3 Qtrs
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.67M	USD	3 Qtrs
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$26.93M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.36M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-10.54M	USD	3 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$30.85M	USD	3 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$11.93M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$561.09M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$396.83M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.98M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.04M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$274.97M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$828.27M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfInvestments`	$46.91M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfInvestments`	$349.00K	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireOtherInvestments`	$5.82M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireOtherInvestments`	-	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$5.45M	USD	3 Qtrs
Settlement of net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$-18.04M	USD	3 Qtrs
Settlement of net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$14.20M	USD	3 Qtrs
Divestitures of businesses and assets, net	`DivestituresOfBusinessesAndAssetsNet`	$-32.52M	USD	3 Qtrs
Divestitures of businesses and assets, net	`DivestituresOfBusinessesAndAssetsNet`	$154.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-192.94M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-866.14M	USD	3 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$1.13B	USD	3 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$264.00M	USD	3 Qtrs
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	$280.00M	USD	3 Qtrs
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	$744.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$125.00M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.59M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.86M	USD	3 Qtrs
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$75.49M	USD	3 Qtrs
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$62.86M	USD	3 Qtrs
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	$239.00K	USD	3 Qtrs
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	$217.00K	USD	3 Qtrs
Credit facility origination costs	`PaymentsOfCreditFacilityOriginationCosts`	$13.36M	USD	3 Qtrs
Credit facility origination costs	`PaymentsOfCreditFacilityOriginationCosts`	-	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-193.24M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$307.53M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-14.65M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.83M	USD	3 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.00M	USD	3 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.32M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$282.21M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$272.89M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$323.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$282.21M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$272.89M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$323.04M	USD	Point-in-time
Withholding taxes in connection with stock-based awards, accrued	`WithholdingTaxesInConnectionWithStockBasedAwardsAccrued`	$5.71M	USD	3 Qtrs
Withholding taxes in connection with stock-based awards, accrued	`WithholdingTaxesInConnectionWithStockBasedAwardsAccrued`	$5.80M	USD	3 Qtrs
Operating right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$11.82M	USD	3 Qtrs
Operating right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$23.14M	USD	3 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$2.16B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.30B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.04B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.60B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.52B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	118.73M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	117.47M	shares	Point-in-time
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$18.06M	USD	1 Quarter
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$68.66M	USD	3 Qtrs
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$25.17M	USD	1 Quarter
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$81.19M	USD	3 Qtrs
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$10.86M	USD	3 Qtrs
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$10.59M	USD	3 Qtrs
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$49.42M	USD	1 Quarter
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$133.28M	USD	3 Qtrs
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.04M	USD	1 Quarter
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$117.47M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$125.00M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$199.94M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$61.40M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$206.24M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$70.48M	USD	1 Quarter
Gain (loss) on net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax`	$14.01M	USD	3 Qtrs
Gain (loss) on net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax`	$5.88M	USD	1 Quarter
Gain (loss) on net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax`	$12.07M	USD	3 Qtrs
Gain (loss) on net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax`	$521.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-52.82M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.41M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$70.18M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-35.80M	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.28M	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$356.00K	USD	3 Qtrs
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.72M	USD	3 Qtrs
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$24.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.16B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.30B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.04B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.60B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.52B	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	118.73M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	117.47M	shares	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$199.94M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$61.40M	USD	1 Quarter
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxProvisionBenefitAmount`	$4.70M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$206.24M	USD	3 Qtrs
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxProvisionBenefitAmount`	$200.00K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$70.48M	USD	1 Quarter
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxProvisionBenefitAmount`	$-4.00M	USD	3 Qtrs
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxProvisionBenefitAmount`	$-1.90M	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Hedge gain (loss) arising during the period, net of tax of $0 million and $1.9 million in the third quarter of 2023 and 2022, respectively, and $0 million and $4 million in the first nine months of 2023 and 2022, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$-14.01M	USD	3 Qtrs
Hedge gain (loss) arising during the period, net of tax of $0 million and $1.9 million in the third quarter of 2023 and 2022, respectively, and $0 million and $4 million in the first nine months of 2023 and 2022, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$-521.00K	USD	1 Quarter
Hedge gain (loss) arising during the period, net of tax of $0 million and $1.9 million in the third quarter of 2023 and 2022, respectively, and $0 million and $4 million in the first nine months of 2023 and 2022, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$5.88M	USD	1 Quarter
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	-	USD	1 Quarter
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	-	USD	3 Qtrs
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-200.00K	USD	3 Qtrs
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	-	USD	1 Quarter
Hedge gain (loss) arising during the period, net of tax of $0 million and $1.9 million in the third quarter of 2023 and 2022, respectively, and $0 million and $4 million in the first nine months of 2023 and 2022, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$12.07M	USD	3 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-52.82M	USD	3 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.41M	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$70.18M	USD	3 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-35.80M	USD	1 Quarter
Amortization of net actuarial pension loss included in net income, net of tax of $0 million and $0 million in the third quarter of 2023 and 2022, respectively, and $0 million and $0.2 million in the first nine months of 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-43.00K	USD	1 Quarter
Amortization of net actuarial pension loss included in net income, net of tax of $0 million and $0 million in the third quarter of 2023 and 2022, respectively, and $0 million and $0.2 million in the first nine months of 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-125.00K	USD	3 Qtrs
Amortization of net actuarial pension loss included in net income, net of tax of $0 million and $0 million in the third quarter of 2023 and 2022, respectively, and $0 million and $0.2 million in the first nine months of 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$78.00K	USD	1 Quarter
Amortization of net actuarial pension loss included in net income, net of tax of $0 million and $0 million in the third quarter of 2023 and 2022, respectively, and $0 million and $0.2 million in the first nine months of 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-447.00K	USD	3 Qtrs
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-67.00K	USD	1 Quarter
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$2.28M	USD	3 Qtrs
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$1.35M	USD	1 Quarter
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-481.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$55.82M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$860.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.64M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-38.02M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$168.22M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$255.76M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$41.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$62.26M	USD	1 Quarter

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