10-Q Filing

F5, INC. CIK: 1048695 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001048695-22-000025`
Period End Date	20220630
Filing Date	20220805
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	ffiv-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 68 Cash Flow Statement 76 Stockholders Equity 49 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`	$5.88M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$541.88M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$580.98M	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
Short-term investments	`ShortTermInvestments`	$196.46M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$329.63M	USD	Point-in-time
Accounts receivable, net of allowances of $5,879 and $3,696	`AccountsReceivableNetCurrent`	$455.76M	USD	Point-in-time
Common stock, par value (dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Accounts receivable, net of allowances of $5,879 and $3,696	`AccountsReceivableNetCurrent`	$340.54M	USD	Point-in-time
Common stock, par value (dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$22.05M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$43.79M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	59.56M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$451.04M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	60.65M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$337.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.69B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.61B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$191.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$172.06M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$217.31M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$244.93M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$19.11M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$132.78M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$171.53M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$128.19M	USD	Point-in-time
Goodwill	`Goodwill`	$2.22B	USD	Point-in-time
Goodwill	`Goodwill`	$2.26B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$472.56M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$492.39M	USD	Point-in-time
Total assets	`Assets`	$5.02B	USD	Point-in-time
Total assets	`Assets`	$5.00B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$73.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$62.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$341.49M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$291.61M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$968.67M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.05B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.27M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$354.59M	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`	$2.41M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.79M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$588.22M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$521.17M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$265.04M	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`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$73.55M	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`	$929.60M	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, 59,556 and 60,652 shares issued and outstanding	`CommonStockValue`	$32.85M	USD	Point-in-time
Common stock, no par value; 200,000 shares authorized, 59,556 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`	$-24.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.31B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.19B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	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`	$2.32B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$5.02B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$5.00B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.92B	USD	3 Qtrs
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$651.51M	USD	1 Quarter
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.00B	USD	3 Qtrs
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$674.49M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$120.90M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$392.17M	USD	3 Qtrs
Cost of net revenues	`CostOfGoodsAndServicesSold`	$364.47M	USD	3 Qtrs
Cost of net revenues	`CostOfGoodsAndServicesSold`	$130.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$543.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$530.61M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.56B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.60B	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$237.38M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$689.59M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$696.83M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$226.73M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$404.85M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$387.93M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$138.74M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$133.28M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$63.54M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$70.82M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$204.53M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$205.04M	USD	3 Qtrs
Restructuring charges	`RestructuringCharges`	-	USD	3 Qtrs
Restructuring charges	`RestructuringCharges`	$7.91M	USD	3 Qtrs
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Total	`OperatingExpenses`	$436.29M	USD	1 Quarter
Total	`OperatingExpenses`	$434.20M	USD	1 Quarter
Total	`OperatingExpenses`	$1.29B	USD	3 Qtrs
Total	`OperatingExpenses`	$1.31B	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$107.46M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$96.41M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$296.26M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$267.66M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-4.22M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-10.59M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.22M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$101.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$285.68M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$94.25M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$263.44M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$42.91M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.22M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.64M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$52.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$89.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$232.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$220.52M	USD	3 Qtrs
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$1.49	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$3.63	USD	3 Qtrs
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$3.85	USD	3 Qtrs
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$1.38	USD	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.19M	shares	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.97M	shares	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.45M	shares	3 Qtrs
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.77M	shares	3 Qtrs
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$1.37	USD	1 Quarter
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$1.46	USD	1 Quarter
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$3.80	USD	3 Qtrs
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$3.55	USD	3 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.06M	shares	3 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.35M	shares	1 Quarter
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.34M	shares	3 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.46M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$83.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$220.52M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$89.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$232.81M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$182.76M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$189.76M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$88.40M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.98M	USD	3 Qtrs
Non-cash operating lease costs	`NonCashOperatingLeaseCosts`	$28.94M	USD	3 Qtrs
Non-cash operating lease costs	`NonCashOperatingLeaseCosts`	$29.07M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-78.09M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-28.96M	USD	3 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$6.17M	USD	3 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$40.70M	USD	3 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-604.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-585.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$88.69M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$116.14M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$21.73M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-5.25M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$32.67M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$106.07M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$50.40M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$58.56M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-33.40M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.59M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$167.20M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$136.87M	USD	3 Qtrs
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-38.38M	USD	3 Qtrs
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-38.71M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$448.14M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$288.28M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$255.26M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$58.51M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$164.90M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$178.37M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$271.52M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$120.56M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$411.32M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$67.91M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.12M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.53M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-253.69M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$147.39M	USD	3 Qtrs
Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$63.68M	USD	3 Qtrs
Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$64.70M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$500.02M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$500.00M	USD	3 Qtrs
Payments on term debt agreement	`RepaymentsOfLongTermDebt`	$15.00M	USD	3 Qtrs
Payments on term debt agreement	`RepaymentsOfLongTermDebt`	$15.00M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$2.09M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$2.99M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$10.92M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$18.91M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-461.22M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-470.25M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-266.77M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-34.58M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.63M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$587.16M	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`	$546.12M	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`	$587.16M	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`	$546.12M	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`	$44.12M	USD	3 Qtrs
Cash paid for amounts included in the measurement of operating lease liabilities	`OperatingLeasePayments`	$46.18M	USD	3 Qtrs
Cash paid for interest on long-term debt	`InterestPaidNet`	$4.00M	USD	3 Qtrs
Cash paid for interest on long-term debt	`InterestPaidNet`	$4.29M	USD	3 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$11.62M	USD	3 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$614.00K	USD	3 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	59.56M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	60.65M	shares	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.20M	USD	1 Quarter
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$450.00K	USD	1 Quarter
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.81M	USD	3 Qtrs
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.75M	USD	3 Qtrs
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$60.93M	USD	3 Qtrs
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$60.89M	USD	3 Qtrs
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$34.81M	USD	1 Quarter
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$34.60M	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$500.00M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$250.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$500.02M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$100.00M	USD	1 Quarter
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`	$2.09M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$2.99M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$10.92M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$18.91M	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$61.47M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$61.88M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$189.76M	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$185.82M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$89.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$232.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$220.52M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$259.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-219.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-4.55M	USD	3 Qtrs
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	59.56M	shares	Point-in-time
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	60.65M	shares	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	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`	$2.32B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$83.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$220.52M	USD	3 Qtrs
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-33.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-225.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$89.60M	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$42.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-180.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$232.81M	USD	3 Qtrs
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$48.00K	USD	3 Qtrs
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-65.00K	USD	3 Qtrs
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$34.00K	USD	1 Quarter
Tax effect of reclassification adjustment for realized (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-4.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$491.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.91M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.51M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$928.00K	USD	3 Qtrs
Unrealized gains (losses) on securities, net of taxes of $42 and $(33) for the three months ended June 30, 2022 and 2021, respectively, and $(180) and $(225) for the nine months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$20.00K	USD	1 Quarter
Unrealized gains (losses) on securities, net of taxes of $42 and $(33) for the three months ended June 30, 2022 and 2021, respectively, and $(180) and $(225) for the nine months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.90M	USD	3 Qtrs
Unrealized gains (losses) on securities, net of taxes of $42 and $(33) for the three months ended June 30, 2022 and 2021, respectively, and $(180) and $(225) for the nine months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.40M	USD	3 Qtrs
Unrealized gains (losses) on securities, net of taxes of $42 and $(33) for the three months ended June 30, 2022 and 2021, respectively, and $(180) and $(225) for the nine months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-246.00K	USD	1 Quarter
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $34 and $(4) for the three months ended June 30, 2022 and 2021, respectively, and $48 and $(65) for the nine months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$108.00K	USD	1 Quarter
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $34 and $(4) for the three months ended June 30, 2022 and 2021, respectively, and $48 and $(65) for the nine months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-14.00K	USD	1 Quarter
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $34 and $(4) for the three months ended June 30, 2022 and 2021, respectively, and $48 and $(65) for the nine months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-250.00K	USD	3 Qtrs
Reclassification adjustment for realized (losses) gains included in net income, net of taxes of $34 and $(4) for the three months ended June 30, 2022 and 2021, respectively, and $48 and $(65) for the nine months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$152.00K	USD	3 Qtrs
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.15M	USD	3 Qtrs
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-88.00K	USD	1 Quarter
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.05M	USD	3 Qtrs
Net change in unrealized losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-232.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$259.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-219.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.55M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$228.26M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$89.86M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$220.30M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$81.02M	USD	1 Quarter

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