10-Q Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-055230`
Period End Date	20230930
Filing Date	20231025
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	mktx-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 104 Cash Flow Statement 84 Stockholders Equity 71 Comprehensive Income 28

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$580.00K	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$590.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$430.75M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$420.50M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.86M	shares	Point-in-time
Cash segregated under federal regulations	`CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations`	$50.95M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.86M	shares	Point-in-time
Cash segregated under federal regulations	`CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations`	$52.60M	USD	Point-in-time
Investments, at fair value	`MarketableSecurities`	$132.84M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments, at fair value	`MarketableSecurities`	$83.79M	USD	Point-in-time
Investments, at fair value	`MarketableSecurities`	$132.84M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $580 and $590 as of September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNet`	$90.55M	USD	Point-in-time
Accounts receivable, net of allowance of $580 and $590 as of September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNet`	$78.45M	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
Receivables from broker-dealers, clearing organizations and customers	`ReceivablesFromBrokersDealersClearingOrganizationsAndCustomers`	$476.33M	USD	Point-in-time
Receivables from broker-dealers, clearing organizations and customers	`ReceivablesFromBrokersDealersClearingOrganizationsAndCustomers`	$548.08M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Goodwill	`Goodwill`	$154.79M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Goodwill	`Goodwill`	$154.79M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.92M	shares	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$98.06M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.95M	shares	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$84.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.65M	shares	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$100.26M	USD	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$101.65M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.68M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	3.27M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$66.11M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	3.27M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$63.10M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$68.29M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$88.71M	USD	Point-in-time
Total assets	`Assets`	$1.61B	USD	Point-in-time
Total assets	`Assets`	$1.74B	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$56.30M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$43.88M	USD	Point-in-time
Payables to broker-dealers, clearing organizations and customers	`PayablesToBrokerDealersAndClearingOrganizations`	$364.09M	USD	Point-in-time
Payables to broker-dealers, clearing organizations and customers	`PayablesToBrokerDealersAndClearingOrganizations`	$303.99M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$19.38M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$28.45M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$55.26M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$40.02M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$79.17M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$82.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$546.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$526.68M	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	`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`	$346.95M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$345.47M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 3,265,857 shares and 3,270,512 shares as of September 30, 2023 and December 31, 2022 respectively	`TreasuryStockValue`	$327.09M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 3,265,857 shares and 3,270,512 shares as of September 30, 2023 and December 31, 2022 respectively	`TreasuryStockValue`	$328.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.10B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.61M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.04B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.00B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.12B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.61B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.74B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$555.30M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$540.40M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$172.11M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$172.28M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$138.00M	USD	3 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$48.87M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$149.57M	USD	3 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$44.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$51.03M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$17.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$45.72M	USD	3 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$45.57M	USD	3 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$15.34M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$14.17M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$38.85M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$26.10M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$7.56M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$9.18M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$24.33M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$10.31M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$3.38M	USD	1 Quarter
Occupancy	`OccupancyNet`	$10.47M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$3.50M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$8.40M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.10M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$1.80M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$6.54M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$12.39M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$3.67M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$13.05M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$4.21M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.70M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.15M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.48M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.58M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$95.80M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$105.38M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$291.19M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$317.31M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$249.20M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$76.31M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$66.91M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$237.99M	USD	3 Qtrs
Interest income	`InterestAndDividendIncomeOperating`	$16.15M	USD	3 Qtrs
Interest income	`InterestAndDividendIncomeOperating`	$1.43M	USD	1 Quarter
Interest income	`InterestAndDividendIncomeOperating`	$1.75M	USD	3 Qtrs
Interest income	`InterestAndDividendIncomeOperating`	$6.59M	USD	1 Quarter
Interest expense	`InterestExpense`	$138.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$648.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$347.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$164.00K	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$1.06M	USD	3 Qtrs
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$869.00K	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$579.00K	USD	3 Qtrs
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$125.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$388.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-1.72M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$7.50M	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-5.49M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$2.55M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$4.83M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$9.66M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$10.90M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$258.86M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$248.89M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$78.86M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$71.74M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$67.86M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.56M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$60.46M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$16.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$73.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$191.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$64.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$188.43M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.58	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$5.10	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.47	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$5.03	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$5.01	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$5.07	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.58	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.70	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.72	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.70	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.10	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.72	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.16	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.70	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.72	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.49M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.46M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.48M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.48M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.60M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.57M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.67M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.57M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$73.63M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$59.86M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$191.00M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$64.77M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$54.94M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$59.31M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$66.92M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$188.43M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$51.03M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$45.72M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$4.21M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$4.23M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$21.86M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$21.95M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-5.50M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-3.35M	USD	3 Qtrs
Foreign currency transaction (gains) losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$13.60M	USD	3 Qtrs
Foreign currency transaction (gains) losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.59M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-847.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-730.00K	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.65M	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$24.01M	USD	3 Qtrs
(Increase) in receivables from broker-dealers, clearing organizations and customers	`IncreaseDecreaseInBrokerageReceivables`	$46.15M	USD	3 Qtrs
(Increase) in receivables from broker-dealers, clearing organizations and customers	`IncreaseDecreaseInBrokerageReceivables`	$148.56M	USD	3 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.69M	USD	3 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.24M	USD	3 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-14.50M	USD	3 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.41M	USD	3 Qtrs
Increase in payables to broker-dealers, clearing organizations and customers	`IncreaseDecreaseInPayablesToBrokerDealers`	$107.56M	USD	3 Qtrs
Increase in payables to broker-dealers, clearing organizations and customers	`IncreaseDecreaseInPayablesToBrokerDealers`	$58.71M	USD	3 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-8.34M	USD	3 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-3.92M	USD	3 Qtrs
(Decrease)/increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.49M	USD	3 Qtrs
(Decrease)/increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.76M	USD	3 Qtrs
(Decrease) in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-4.69M	USD	3 Qtrs
(Decrease) in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-4.72M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$192.08M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$155.00M	USD	3 Qtrs
Proceeds from maturities and sales	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Proceeds from maturities and sales	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$3.31M	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$27.87M	USD	3 Qtrs
Acquisition of equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$34.40M	USD	3 Qtrs
Acquisition of equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.64M	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.25M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$31.80M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$27.11M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-63.62M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.15M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$79.86M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$82.14M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$725.00K	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$284.00K	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$20.86M	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.20M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$87.54M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$26.16M	USD	3 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$12.50M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$100.00M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$53.99M	USD	3 Qtrs
Repayments of short-term borrowings	`RepaymentsOfSubordinatedDebt`	$100.00M	USD	3 Qtrs
Repayments of short-term borrowings	`RepaymentsOfSubordinatedDebt`	$50.00M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-110.78M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-215.48M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.45M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-28.11M	USD	3 Qtrs
Net increase (decrease) for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-156.74M	USD	3 Qtrs
Net increase (decrease) for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.23M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$588.90M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$625.57M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$468.83M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$572.66M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$588.90M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$625.57M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$468.83M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$572.66M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$83.14M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$69.08M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$658.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$396.00K	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.18M	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.67M	USD	3 Qtrs

Stockholders Equity 71 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.70	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.72	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.70	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.10	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.72	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.16	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.70	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.72	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.04B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.00B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.08B	USD	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$73.63M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$59.86M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$191.00M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$64.77M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$54.94M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$59.31M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$66.92M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$188.43M	USD	3 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.25M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.75M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$274.00K	USD	3 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.05M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.46M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.69M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.21M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-46.76M	USD	3 Qtrs
Unrealized net gain (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-18.00K	USD	1 Quarter
Unrealized net gain (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-126.00K	USD	1 Quarter
Unrealized net gain (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-41.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.48M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.89M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.35M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.49M	USD	1 Quarter
Reissuance of treasury stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$539.00K	USD	1 Quarter
Reissuance of treasury stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$454.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$50.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$148.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$86.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$707.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$18.00K	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$20.29M	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$20.49M	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$-339.00K	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$155.00K	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$216.00K	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$2.25M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$48.74M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$38.80M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$26.54M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$27.15M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$26.37M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$27.06M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$27.13M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$26.39M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.04B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.00B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.08B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$73.63M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$59.86M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$191.00M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$64.77M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$54.94M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-61.00K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$59.31M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-5.00K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$66.92M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$188.43M	USD	3 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.25M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.75M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$274.00K	USD	3 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.05M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.46M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.69M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.21M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-46.76M	USD	3 Qtrs
Net unrealized (loss) on securities available-for-sale, net of tax of $(5), $0, $(61) and $0, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-185.00K	USD	3 Qtrs
Net unrealized (loss) on securities available-for-sale, net of tax of $(5), $0, $(61) and $0, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net unrealized (loss) on securities available-for-sale, net of tax of $(5), $0, $(61) and $0, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Net unrealized (loss) on securities available-for-sale, net of tax of $(5), $0, $(61) and $0, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-18.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.06M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$188.52M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$45.24M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$144.24M	USD	3 Qtrs

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