10-Q Filing

F5, INC. CIK: 1048695 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001048695-23-000030`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	ffiv-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 68 Cash Flow Statement 74 Stockholders Equity 48 Comprehensive Income 36

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss	`AllowanceForDoubtfulAccountsReceivable`	$6.02M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss	`AllowanceForDoubtfulAccountsReceivable`	$5.17M	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`	$677.50M	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`	$758.01M	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`	$13.11M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$126.55M	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
Accounts receivable, net of allowances of $5,172 and $6,020	`AccountsReceivableNetCurrent`	$469.98M	USD	Point-in-time
Accounts receivable, net of allowances of $5,172 and $6,020	`AccountsReceivableNetCurrent`	$439.52M	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`	$68.36M	USD	Point-in-time
Inventories	`InventoryNet`	$46.10M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$489.31M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	59.30M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$537.56M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	59.86M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.71B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.91B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$168.18M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$171.15M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$204.20M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$227.47M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$5.89M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$9.54M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$183.37M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$271.17M	USD	Point-in-time
Goodwill	`Goodwill`	$2.26B	USD	Point-in-time
Goodwill	`Goodwill`	$2.29B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$516.12M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$464.29M	USD	Point-in-time
Total assets	`Assets`	$5.12B	USD	Point-in-time
Total assets	`Assets`	$5.28B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$65.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$113.18M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$274.25M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$309.82M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.15B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.07B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$349.77M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.49B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.84B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.78M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$3.88M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$624.40M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$641.65M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$250.08M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$272.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$76.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$67.71M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$972.11M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$967.26M	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, 59,296 and 59,860 shares issued and outstanding	`CommonStockValue`	$91.05M	USD	Point-in-time
Common stock, no par value; 200,000 shares authorized, 59,296 and 59,860 shares issued and outstanding	`CommonStockValue`	$32.52M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-26.18M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.40B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.65B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.73B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.47B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$5.28B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$5.12B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
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
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.11B	USD	3 Qtrs
Revenue from contract with customer, excluding assessed tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$702.64M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$392.17M	USD	3 Qtrs
Cost of net revenues	`CostOfGoodsAndServicesSold`	$452.34M	USD	3 Qtrs
Cost of net revenues	`CostOfGoodsAndServicesSold`	$141.68M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$130.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.65B	USD	3 Qtrs
Gross profit	`GrossProfit`	$560.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.60B	USD	3 Qtrs
Gross profit	`GrossProfit`	$543.75M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$226.73M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$673.38M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$207.20M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$689.59M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$128.76M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$404.85M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$138.74M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$412.45M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$201.80M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$64.78M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$70.82M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$205.04M	USD	3 Qtrs
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$65.39M	USD	3 Qtrs
Restructuring charges	`RestructuringCharges`	$7.91M	USD	3 Qtrs
Restructuring charges	`RestructuringCharges`	$56.65M	USD	1 Quarter
Total	`OperatingExpenses`	$1.35B	USD	3 Qtrs
Total	`OperatingExpenses`	$1.31B	USD	3 Qtrs
Total	`OperatingExpenses`	$457.39M	USD	1 Quarter
Total	`OperatingExpenses`	$436.29M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$107.46M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$296.26M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$103.57M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$300.83M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-6.22M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$10.34M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.90M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-10.59M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$101.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$106.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$311.16M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$285.68M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.49M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.22M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$52.86M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$68.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$242.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$232.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$88.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.02M	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$3.85	USD	3 Qtrs
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$4.04	USD	3 Qtrs
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$1.38	USD	1 Quarter
Net income per share basic (dollars per share)	`EarningsPerShareBasic`	$1.48	USD	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.97M	shares	1 Quarter
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.13M	shares	3 Qtrs
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.45M	shares	3 Qtrs
Weighted average shares basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.98M	shares	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`	$1.48	USD	1 Quarter
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$4.02	USD	3 Qtrs
Net income per share diluted (dollars per share)	`EarningsPerShareDiluted`	$1.37	USD	1 Quarter
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.46M	shares	1 Quarter
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.34M	shares	3 Qtrs
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.31M	shares	1 Quarter
Weighted average shares diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.46M	shares	3 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$88.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$242.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$232.81M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$183.38M	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`	$83.17M	USD	3 Qtrs
Non-cash operating lease costs	`NonCashOperatingLeaseCosts`	$29.98M	USD	3 Qtrs
Non-cash operating lease costs	`NonCashOperatingLeaseCosts`	$29.07M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-85.09M	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`	$3.46M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.14M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-585.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$116.14M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-31.51M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$21.73M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-22.26M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$47.49M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$106.07M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$50.40M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-13.23M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-79.61M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-33.40M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$98.05M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$136.87M	USD	3 Qtrs
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-34.20M	USD	3 Qtrs
Lease liabilities	`IncreaseDecreaseinLeaseLiabilities`	$-38.71M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$288.28M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$463.61M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$58.51M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.79M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$178.37M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$103.51M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$16.09M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$120.56M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$35.05M	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`	$38.80M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$43.96M	USD	3 Qtrs
Net cash provided by 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`	$59.50M	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
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$290.04M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$500.02M	USD	3 Qtrs
Payments on term debt agreement	`RepaymentsOfLongTermDebt`	$350.00M	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`	$1.54M	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`	$11.37M	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`	$-591.91M	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`	$-34.58M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-84.35M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.63M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.73M	USD	3 Qtrs
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`	$762.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$681.59M	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`	$546.12M	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`	$762.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$681.59M	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`	$40.62M	USD	3 Qtrs
Cash paid for interest on long-term debt	`InterestPaidNet`	$4.29M	USD	3 Qtrs
Cash paid for interest on long-term debt	`InterestPaidNet`	$2.97M	USD	3 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$614.00K	USD	3 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$10.54M	USD	3 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	59.86M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	59.30M	shares	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.73B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.47B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.75M	USD	3 Qtrs
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$313.00K	USD	1 Quarter
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.03M	USD	3 Qtrs
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$450.00K	USD	1 Quarter
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$34.60M	USD	1 Quarter
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$60.93M	USD	3 Qtrs
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$58.47M	USD	3 Qtrs
Issuance of stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$36.72M	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	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`	$290.04M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$250.04M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$1.54M	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`	$11.37M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`CostOfIssuanceOfTreasuryStock`	$18.91M	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$61.88M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$183.38M	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$56.47M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$189.76M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$232.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$242.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$88.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.02M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.04M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.55M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.24M	USD	3 Qtrs
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	59.86M	shares	Point-in-time
Ending Balance ( in shares)	`CommonStockSharesOutstanding`	59.30M	shares	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.47B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.73B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	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`	$2.66B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$88.98M	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-180.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$242.81M	USD	3 Qtrs
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$262.00K	USD	3 Qtrs
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$42.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$30.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$232.81M	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`	-	USD	1 Quarter
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`	$78.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$884.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.87M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.91M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.51M	USD	3 Qtrs
Unrealized gains (losses) on securities, net of taxes of $30 and $42 for the three months ended June 30, 2023 and 2022, respectively, and $262 and $(180) for the nine months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$20.00K	USD	1 Quarter
Unrealized gains (losses) on securities, net of taxes of $30 and $42 for the three months ended June 30, 2023 and 2022, respectively, and $262 and $(180) for the nine months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$157.00K	USD	1 Quarter
Unrealized gains (losses) on securities, net of taxes of $30 and $42 for the three months ended June 30, 2023 and 2022, respectively, and $262 and $(180) for the nine months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.98M	USD	3 Qtrs
Unrealized gains (losses) on securities, net of taxes of $30 and $42 for the three months ended June 30, 2023 and 2022, respectively, and $262 and $(180) for the nine months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.90M	USD	3 Qtrs
Reclassification adjustment for realized losses included in net income, net of taxes of $0 and $34 for the three months ended June 30, 2023 and 2022, respectively, and $78 and $48 for the nine months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$108.00K	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, net of taxes of $0 and $34 for the three months ended June 30, 2023 and 2022, respectively, and $78 and $48 for the nine months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$152.00K	USD	3 Qtrs
Reclassification adjustment for realized losses included in net income, net of taxes of $0 and $34 for the three months ended June 30, 2023 and 2022, respectively, and $78 and $48 for the nine months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, net of taxes of $0 and $34 for the three months ended June 30, 2023 and 2022, respectively, and $78 and $48 for the nine months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$612.00K	USD	3 Qtrs
Net change in unrealized gains (losses) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.37M	USD	3 Qtrs
Net change in unrealized gains (losses) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$157.00K	USD	1 Quarter
Net change in unrealized gains (losses) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.05M	USD	3 Qtrs
Net change in unrealized gains (losses) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-88.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.04M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.55M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.24M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$90.02M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$81.02M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$228.26M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$247.05M	USD	3 Qtrs

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