10-Q Filing

F5, INC. CIK: 1048695 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001048695-22-000007`
Period End Date	20211231
Filing Date	20220204
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	ffiv-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 34 Cash Flow Statement 70 Stockholders Equity 28 Comprehensive Income 18

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.70M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.26M	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`	$512.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$580.98M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$346.55M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$329.63M	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 $3,262 and $3,696	`AccountsReceivableNetCurrent`	$340.54M	USD	Point-in-time
Accounts receivable, net of allowances of $3,262 and $3,696	`AccountsReceivableNetCurrent`	$419.28M	USD	Point-in-time
Common stock, par value (dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Inventories	`InventoryNet`	$22.05M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$20.80M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	60.71M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$388.94M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$337.90M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	60.65M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.61B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.69B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$191.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$185.35M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$237.34M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$244.93M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$132.78M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$76.99M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$128.19M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$148.33M	USD	Point-in-time
Goodwill	`Goodwill`	$2.26B	USD	Point-in-time
Goodwill	`Goodwill`	$2.22B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$472.56M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$490.51M	USD	Point-in-time
Total assets	`Assets`	$5.09B	USD	Point-in-time
Total assets	`Assets`	$5.00B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$62.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.25M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$341.49M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$314.85M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.04B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$968.67M	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`	$1.39B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.43B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.41M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.72M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$521.17M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$536.98M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$287.60M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$296.94M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$349.77M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$344.95M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$77.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$75.24M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.25B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.25B	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, 60,711 and 60,652 shares issued and outstanding	`CommonStockValue`	$192.46M	USD	Point-in-time
Common stock, no par value; 200,000 shares authorized, 60,711 and 60,652 shares issued and outstanding	`CommonStockValue`	$145.19M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-20.07M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.28B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.19B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.41B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$5.09B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$5.00B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$687.10M	USD	1 Quarter
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$624.62M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$135.07M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$114.98M	USD	1 Quarter
Gross profit	`GrossProfit`	$509.64M	USD	1 Quarter
Gross profit	`GrossProfit`	$552.03M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$234.03M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$214.55M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$130.27M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$114.19M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$65.66M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$63.15M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$7.91M	USD	1 Quarter
Total	`OperatingExpenses`	$437.88M	USD	1 Quarter
Total	`OperatingExpenses`	$391.89M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$117.75M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$114.15M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.43M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-683.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$117.06M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$111.72M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.39M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.56M	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$1.54	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$1.43	USD	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.44M	shares	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.81M	shares	1 Quarter
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$1.51	USD	1 Quarter
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$1.41	USD	1 Quarter
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.88M	shares	1 Quarter
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.28M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$87.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.56M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$63.76M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$58.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.66M	USD	1 Quarter
Non-cash operating lease costs	`NonCashOperatingLeaseCosts`	$9.70M	USD	1 Quarter
Non-cash operating lease costs	`NonCashOperatingLeaseCosts`	$9.66M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-694.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-6.41M	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$6.87M	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$6.17M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-307.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$1.12M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$77.22M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$54.42M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-1.44M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-1.26M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$44.29M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$23.25M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$26.65M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$21.77M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-23.93M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-25.39M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$86.19M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$76.06M	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-14.17M	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-11.62M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$90.37M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$137.36M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$42.77M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$36.20M	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$38.14M	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$69.35M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$34.55M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.25M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$67.91M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.56M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.70M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.99M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$20.64M	USD	1 Quarter
Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$27.20M	USD	1 Quarter
Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$27.58M	USD	1 Quarter
Payments for Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Payments for Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$125.01M	USD	1 Quarter
Payments on term debt agreement	`RepaymentsOfLongTermDebt`	$5.00M	USD	1 Quarter
Payments on term debt agreement	`RepaymentsOfLongTermDebt`	$5.00M	USD	1 Quarter
Cost of Issuance of Treasury Stock	`CostOfIssuanceOfTreasuryStock`	$13.60M	USD	1 Quarter
Cost of Issuance of Treasury Stock	`CostOfIssuanceOfTreasuryStock`	$4.48M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.71M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-116.03M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-67.65M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$175.72M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.66M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-861.00K	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$515.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$584.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$852.83M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$515.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$584.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	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`	$16.50M	USD	1 Quarter
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$15.03M	USD	1 Quarter
Cash paid for interest on long-term debt	`InterestPaidNet`	$1.37M	USD	1 Quarter
Cash paid for interest on long-term debt	`InterestPaidNet`	$1.25M	USD	1 Quarter
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$818.00K	USD	1 Quarter
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.61M	USD	1 Quarter

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	60.65M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	60.71M	shares	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.41B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.25M	USD	1 Quarter
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.12M	USD	1 Quarter
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$26.08M	USD	1 Quarter
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$26.32M	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$125.01M	USD	1 Quarter
Cost of Issuance of Treasury Stock	`CostOfIssuanceOfTreasuryStock`	$13.60M	USD	1 Quarter
Cost of Issuance of Treasury Stock	`CostOfIssuanceOfTreasuryStock`	$4.48M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$63.76M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$58.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.56M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$861.00K	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.14M	USD	1 Quarter
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	60.65M	shares	Point-in-time
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	60.71M	shares	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.41B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$87.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.56M	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-50.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-74.00K	USD	1 Quarter
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	1 Quarter
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$2.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-517.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.28M	USD	1 Quarter
Unrealized losses on securities, net of taxes of $(74) and $(50) for the three months ended December 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-621.00K	USD	1 Quarter
Unrealized losses on securities, net of taxes of $(74) and $(50) for the three months ended December 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-420.00K	USD	1 Quarter
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $2 and $0 for the three months ended December 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.00K	USD	1 Quarter
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $2 and $0 for the three months ended December 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$4.00K	USD	1 Quarter
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-417.00K	USD	1 Quarter
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-625.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$861.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.14M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$88.54M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$92.42M	USD	1 Quarter

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