10-Q Filing

F5, INC. CIK: 1048695 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001048695-22-000015`
Period End Date	20220331
Filing Date	20220506
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	ffiv-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 68 Cash Flow Statement 76 Stockholders Equity 48 Comprehensive Income 36

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss	`AllowanceForDoubtfulAccountsReceivable`	$3.70M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss	`AllowanceForDoubtfulAccountsReceivable`	$4.34M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$580.98M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$586.54M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$300.59M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$329.63M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowances of $4,336 and $3,696	`AccountsReceivableNetCurrent`	$340.54M	USD	Point-in-time
Accounts receivable, net of allowances of $4,336 and $3,696	`AccountsReceivableNetCurrent`	$414.22M	USD	Point-in-time
Common stock, par value (dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value (dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Inventories	`InventoryNet`	$22.05M	USD	Point-in-time
Inventories	`InventoryNet`	$27.88M	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
Other current assets	`OtherAssetsCurrent`	$405.60M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	60.65M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	60.47M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$337.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.61B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.73B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$178.74M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$191.16M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$227.58M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$244.93M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$34.91M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$132.78M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$128.19M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$158.36M	USD	Point-in-time
Goodwill	`Goodwill`	$2.26B	USD	Point-in-time
Goodwill	`Goodwill`	$2.22B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$482.81M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$472.56M	USD	Point-in-time
Total assets	`Assets`	$5.00B	USD	Point-in-time
Total assets	`Assets`	$5.08B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$62.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$69.13M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$301.21M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$341.49M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$968.67M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.04B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$359.41M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.77B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.39B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.73M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.41M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$521.17M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$556.25M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$296.94M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$276.42M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$349.77M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$71.42M	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`	$906.82M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`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, 60,465 and 60,652 shares issued and outstanding	`CommonStockValue`	$82.13M	USD	Point-in-time
Common stock, no par value; 200,000 shares authorized, 60,465 and 60,652 shares issued and outstanding	`CommonStockValue`	$192.46M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-20.07M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.34B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.41B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$5.00B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$5.08B	USD	Point-in-time

Income Statement 68 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`	$1.32B	USD	2 Qtrs
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.27B	USD	2 Qtrs
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$634.22M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$243.56M	USD	2 Qtrs
Cost of net revenues	`CostOfGoodsAndServicesSold`	$128.59M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$126.36M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$261.43M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.03B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.06B	USD	2 Qtrs
Gross profit	`GrossProfit`	$507.87M	USD	1 Quarter
Gross profit	`GrossProfit`	$516.70M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$459.45M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$462.86M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$228.83M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$244.91M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$254.64M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$266.11M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$135.84M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$140.45M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$68.55M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$134.22M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$140.99M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$77.84M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$7.91M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Total	`OperatingExpenses`	$871.09M	USD	2 Qtrs
Total	`OperatingExpenses`	$855.09M	USD	2 Qtrs
Total	`OperatingExpenses`	$433.22M	USD	1 Quarter
Total	`OperatingExpenses`	$463.20M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$74.65M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$53.50M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$171.25M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$188.80M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.06M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.93M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-4.37M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.38M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$169.19M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$72.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$52.12M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$184.43M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$38.27M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.88M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$34.64M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$16.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$130.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$56.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$149.79M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$43.24M	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$2.14	USD	2 Qtrs
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$2.47	USD	2 Qtrs
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.69M	shares	2 Qtrs
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.06M	shares	2 Qtrs
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.67M	shares	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.57M	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`	$0.92	USD	1 Quarter
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$2.43	USD	2 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.66M	shares	2 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.16M	shares	1 Quarter
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.29M	shares	2 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.41M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$149.79M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$43.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$130.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$56.24M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$127.89M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$121.29M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$59.80M	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`	$19.36M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-17.96M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-15.83M	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$40.70M	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$33.83M	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$6.17M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-105.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$439.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$79.65M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$72.78M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.33M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$5.83M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$60.90M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$32.94M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$27.89M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$29.07M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-35.65M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-14.53M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$99.30M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$93.49M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-26.13M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-25.45M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$265.84M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$216.88M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$53.72M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$65.72M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$96.35M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$126.71M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$78.99M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$269.99M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$67.91M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$411.32M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.09M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.79M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-94.44M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$37.92M	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`	$28.63M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$250.02M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$500.00M	USD	2 Qtrs
Payments on term debt agreement	`RepaymentsOfLongTermDebt`	$10.00M	USD	2 Qtrs
Payments on term debt agreement	`RepaymentsOfLongTermDebt`	$10.00M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$3.22M	USD	1 Quarter
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`	$16.82M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$3.45M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-489.24M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-248.21M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-317.84M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$6.58M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-997.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$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`	$589.92M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$852.83M	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`	$589.92M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$584.33M	USD	Point-in-time
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$30.81M	USD	2 Qtrs
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$30.35M	USD	2 Qtrs
Cash paid for interest on long-term debt	`InterestPaidNet`	$2.38M	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`	$818.00K	USD	2 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$9.52M	USD	2 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	60.47M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	60.65M	shares	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.41B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.05M	USD	1 Quarter
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.61M	USD	2 Qtrs
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.30M	USD	2 Qtrs
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.49M	USD	1 Quarter
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$26.08M	USD	2 Qtrs
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$26.32M	USD	2 Qtrs
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	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
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$400.00M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$125.01M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$400.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$250.02M	USD	2 Qtrs
Adjustments To Additional Paid In Capital, Equity Forward Contract	`AdjustmentsToAdditionalPaidInCapitalEquityForwardContract`	$-100.00M	USD	2 Qtrs
Adjustments To Additional Paid In Capital, Equity Forward Contract	`AdjustmentsToAdditionalPaidInCapitalEquityForwardContract`	$-100.00M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$3.22M	USD	1 Quarter
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`	$16.82M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$3.45M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$124.35M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$66.28M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$127.89M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$64.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$130.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$43.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$149.79M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-478.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.34M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.56M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.41M	USD	1 Quarter
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	60.47M	shares	Point-in-time
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	60.65M	shares	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.41B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$149.79M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$43.24M	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-142.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-148.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-192.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$130.92M	USD	2 Qtrs
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-222.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$56.24M	USD	1 Quarter
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$12.00K	USD	1 Quarter
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`	$-61.00K	USD	1 Quarter
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$14.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-596.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-841.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-79.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$437.00K	USD	2 Qtrs
Unrealized losses on securities, net of taxes of $(148) and $(142) for the three months ended March 31, 2022 and 2021, respectively, and $(222) and $(192) for the six months ended March 31, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.29M	USD	1 Quarter
Unrealized losses on securities, net of taxes of $(148) and $(142) for the three months ended March 31, 2022 and 2021, respectively, and $(222) and $(192) for the six months ended March 31, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-731.00K	USD	1 Quarter
Unrealized losses on securities, net of taxes of $(148) and $(142) for the three months ended March 31, 2022 and 2021, respectively, and $(222) and $(192) for the six months ended March 31, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.92M	USD	2 Qtrs
Unrealized losses on securities, net of taxes of $(148) and $(142) for the three months ended March 31, 2022 and 2021, respectively, and $(222) and $(192) for the six months ended March 31, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.15M	USD	2 Qtrs
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $12 and $(61) for the three months ended March 31, 2022 and 2021, respectively, and $14 and $(61) for the six months ended March 31, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$40.00K	USD	1 Quarter
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $12 and $(61) for the three months ended March 31, 2022 and 2021, respectively, and $14 and $(61) for the six months ended March 31, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-236.00K	USD	2 Qtrs
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $12 and $(61) for the three months ended March 31, 2022 and 2021, respectively, and $14 and $(61) for the six months ended March 31, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-233.00K	USD	1 Quarter
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $12 and $(61) for the three months ended March 31, 2022 and 2021, respectively, and $14 and $(61) for the six months ended March 31, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$44.00K	USD	2 Qtrs
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.33M	USD	1 Quarter
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
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.96M	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-478.00K	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.34M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.56M	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.41M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$147.24M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$130.44M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$41.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.82M	USD	1 Quarter

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