10-Q Filing

F5, INC. CIK: 1048695 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001048695-21-000021`
Period End Date	20210331
Filing Date	20210506
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	ffiv-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 69 Cash Flow Statement 79 Stockholders Equity 48 Comprehensive Income 36

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss	`AllowanceForDoubtfulAccountsReceivable`	$3.10M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss	`AllowanceForDoubtfulAccountsReceivable`	$3.42M	USD	Point-in-time
Preferred stock, par value (dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, par value (dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$532.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$849.56M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$111.11M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$360.33M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Accounts receivable, net of allowances of $3,420 and $3,105	`AccountsReceivableNetCurrent`	$296.18M	USD	Point-in-time
Common stock, par value (dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Accounts receivable, net of allowances of $3,420 and $3,105	`AccountsReceivableNetCurrent`	$374.40M	USD	Point-in-time
Inventories	`InventoryNet`	$27.90M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$24.57M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	60.05M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$293.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$259.51M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	61.10M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.79B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.34B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$207.60M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$229.24M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$300.68M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$260.39M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$19.08M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$102.94M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$45.17M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$68.62M	USD	Point-in-time
Goodwill	`Goodwill`	$2.21B	USD	Point-in-time
Goodwill	`Goodwill`	$1.86B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$347.45M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$418.21M	USD	Point-in-time
Total assets	`Assets`	$4.52B	USD	Point-in-time
Total assets	`Assets`	$4.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$64.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.57M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$324.87M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$321.40M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$929.40M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$883.13M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.27M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.29B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.33B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$602.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.89M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$437.51M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$389.50M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$320.13M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$338.71M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$369.05M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$359.41M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.51M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$65.33M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.16B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.18B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value; 10,000 shares authorized, no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value; 10,000 shares authorized, no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value; 200,000 shares authorized, 60,052 and 61,099 shares issued and outstanding	`CommonStockValue`	$305.45M	USD	Point-in-time
Common stock, no par value; 200,000 shares authorized, 60,052 and 61,099 shares issued and outstanding	`CommonStockValue`	$39.51M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-18.72M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.99B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.95B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.68B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.52B	USD	Point-in-time

Income Statement 69 line items

Line Item	Tag	Value	Unit	Period
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$645.29M	USD	1 Quarter
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$583.45M	USD	1 Quarter
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.27B	USD	2 Qtrs
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.15B	USD	2 Qtrs
Cost of net revenues	`CostOfGoodsAndServicesSold`	$189.88M	USD	2 Qtrs
Cost of net revenues	`CostOfGoodsAndServicesSold`	$101.24M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$128.59M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$243.56M	USD	2 Qtrs
Gross profit	`GrossProfit`	$962.87M	USD	2 Qtrs
Gross profit	`GrossProfit`	$516.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$482.21M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.03B	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$459.45M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$215.47M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$244.91M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$410.99M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$205.03M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$254.64M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$140.45M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$109.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$74.01M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$77.84M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$133.02M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$140.99M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$7.80M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$7.80M	USD	Annual
Restructuring charges	`RestructuringCharges`	-	USD	2 Qtrs
Total	`OperatingExpenses`	$463.20M	USD	1 Quarter
Total	`OperatingExpenses`	$756.84M	USD	2 Qtrs
Total	`OperatingExpenses`	$398.51M	USD	1 Quarter
Total	`OperatingExpenses`	$855.09M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$206.03M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$171.25M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$53.50M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$83.70M	USD	1 Quarter
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$-141.00K	USD	1 Quarter
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$-2.06M	USD	2 Qtrs
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$5.08M	USD	2 Qtrs
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$-1.38M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$52.12M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$211.11M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$83.56M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$169.19M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$51.21M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.88M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.18M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$38.27M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$43.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$159.91M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$130.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$61.38M	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$2.63	USD	2 Qtrs
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$1.01	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$2.14	USD	2 Qtrs
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.76M	shares	2 Qtrs
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.06M	shares	2 Qtrs
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.87M	shares	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.67M	shares	1 Quarter
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$2.10	USD	2 Qtrs
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$2.62	USD	2 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.02M	shares	2 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.29M	shares	2 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.08M	shares	1 Quarter
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.16M	shares	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$130.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$61.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$159.91M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$121.29M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$98.45M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$43.11M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$56.19M	USD	2 Qtrs
Non-cash operating lease costs	`NonCashOperatingLeaseCosts`	$19.41M	USD	2 Qtrs
Non-cash operating lease costs	`NonCashOperatingLeaseCosts`	$18.97M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-17.96M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$5.35M	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$33.83M	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$40.70M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-54.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-105.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.32M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$79.65M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.46M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.33M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$19.60M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$32.94M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$29.07M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$4.30M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-14.53M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.94M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$43.99M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$93.49M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-25.95M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-25.45M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$325.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$265.84M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$195.12M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$65.72M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$237.89M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$126.71M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$232.25M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$269.99M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$955.57M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$411.32M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.46M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-94.44M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-716.01M	USD	2 Qtrs
Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$28.69M	USD	2 Qtrs
Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$21.44M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.01M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$500.00M	USD	2 Qtrs
Proceeds from term debt agreement	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	USD	2 Qtrs
Proceeds from term debt agreement	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Payments on term debt agreement	`RepaymentsOfLongTermDebt`	$10.00M	USD	2 Qtrs
Payments on term debt agreement	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.04M	USD	2 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$3.45M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	-	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$7.93M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$368.39M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-489.24M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-317.84M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-21.80M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.09M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$494.00K	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$852.83M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$535.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$602.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$579.37M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$602.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$579.37M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$535.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$852.83M	USD	Point-in-time
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$30.07M	USD	2 Qtrs
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$30.81M	USD	2 Qtrs
Cash paid for interest on long-term debt	`InterestPaidNet`	$2.09M	USD	2 Qtrs
Cash paid for interest on long-term debt	`InterestPaidNet`	$2.72M	USD	2 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$9.52M	USD	2 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$399.20M	USD	2 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	61.10M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	60.05M	shares	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$498.00K	USD	1 Quarter
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.49M	USD	1 Quarter
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.61M	USD	2 Qtrs
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$789.00K	USD	2 Qtrs
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$20.67M	USD	2 Qtrs
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$26.08M	USD	2 Qtrs
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$50.01M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$400.00M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$400.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$50.01M	USD	1 Quarter
Adjustments To Additional Paid In Capital, Equity Forward Contract	`AdjustmentsToAdditionalPaidInCapitalEquityForwardContract`	$-100.00M	USD	1 Quarter
Adjustments To Additional Paid In Capital, Equity Forward Contract	`AdjustmentsToAdditionalPaidInCapitalEquityForwardContract`	$100.00M	USD	Point-in-time
Adjustments To Additional Paid In Capital, Equity Forward Contract	`AdjustmentsToAdditionalPaidInCapitalEquityForwardContract`	$-100.00M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$7.93M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	-	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$3.45M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$109.05M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$66.28M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$61.40M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$124.35M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$43.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$159.91M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$130.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$61.38M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-478.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-4.53M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.34M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.71M	USD	2 Qtrs
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	61.10M	shares	Point-in-time
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	60.05M	shares	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$130.92M	USD	2 Qtrs
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-142.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-368.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-344.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$61.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.24M	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-192.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.91M	USD	2 Qtrs
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-61.00K	USD	1 Quarter
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-18.00K	USD	2 Qtrs
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-61.00K	USD	2 Qtrs
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-17.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$437.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-952.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.59M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-841.00K	USD	1 Quarter
Unrealized losses on securities, net of taxes of $(142) and $(368) for the three months ended March 31, 2021 and 2020, respectively, and $(192) and $(344) for the six months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.15M	USD	2 Qtrs
Unrealized losses on securities, net of taxes of $(142) and $(368) for the three months ended March 31, 2021 and 2020, respectively, and $(192) and $(344) for the six months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.00M	USD	1 Quarter
Unrealized losses on securities, net of taxes of $(142) and $(368) for the three months ended March 31, 2021 and 2020, respectively, and $(192) and $(344) for the six months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.83M	USD	2 Qtrs
Unrealized losses on securities, net of taxes of $(142) and $(368) for the three months ended March 31, 2021 and 2020, respectively, and $(192) and $(344) for the six months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-731.00K	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, net of taxes of $(61) and $(17) for the three months ended March 31, 2021 and 2020, respectively, and $(61) and $(18) for the six months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-236.00K	USD	2 Qtrs
Reclassification adjustment for realized losses included in net income, net of taxes of $(61) and $(17) for the three months ended March 31, 2021 and 2020, respectively, and $(61) and $(18) for the six months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-70.00K	USD	2 Qtrs
Reclassification adjustment for realized losses included in net income, net of taxes of $(61) and $(17) for the three months ended March 31, 2021 and 2020, respectively, and $(61) and $(18) for the six months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-233.00K	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, net of taxes of $(61) and $(17) for the three months ended March 31, 2021 and 2020, respectively, and $(61) and $(18) for the six months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-58.00K	USD	1 Quarter
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.94M	USD	1 Quarter
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.76M	USD	2 Qtrs
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-498.00K	USD	1 Quarter
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-915.00K	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-478.00K	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-4.53M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.34M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.71M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$41.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$130.44M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$56.85M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$156.19M	USD	2 Qtrs

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