10-Q Filing

ALIGN TECHNOLOGY INC CIK: 1097149 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001097149-23-000059`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	algn-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 68 Cash Flow Statement 70 Stockholders Equity 40 Comprehensive Income 20

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.24M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.34M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$951.96M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$942.05M	USD	Point-in-time
Marketable securities, short-term	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$55.80M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities, short-term	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$57.53M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $13,244 and $10,343, respectively	`AccountsReceivableNetCurrent`	$859.68M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $13,244 and $10,343, respectively	`AccountsReceivableNetCurrent`	$908.39M	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`	$312.74M	USD	Point-in-time
Inventories	`InventoryNet`	$338.75M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$236.56M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	77.27M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$226.37M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	76.53M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	76.53M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.42B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	77.27M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.47B	USD	Point-in-time
Marketable securities, long-term	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$41.98M	USD	Point-in-time
Marketable securities, long-term	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$26.02M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.23B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.28B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$125.88M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$118.88M	USD	Point-in-time
Goodwill	`Goodwill`	$414.76M	USD	Point-in-time
Goodwill	`Goodwill`	$407.55M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$89.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$95.72M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.61B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.57B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$138.16M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$55.83M	USD	Point-in-time
Total assets	`Assets`	$5.95B	USD	Point-in-time
Total assets	`Assets`	$6.14B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$127.87M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$110.16M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$454.37M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$600.16M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$1.40B	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$1.34B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.93B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.11B	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesNoncurrent`	$124.39M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesNoncurrent`	$113.31M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$100.33M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$104.65M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$195.97M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$181.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.35B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.51B	USD	Point-in-time
Commitments and contingencies (Notes 6 and 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 6 and 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value (5,000 shares authorized; none issued)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value (5,000 shares authorized; none issued)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value (200,000 shares authorized; 76,532 and 77,267 issued and outstanding, respectively)	`CommonStockValue`	$8.00K	USD	Point-in-time
Common stock, $0.0001 par value (200,000 shares authorized; 76,532 and 77,267 issued and outstanding, respectively)	`CommonStockValue`	$8.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.04B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.14B	USD	Point-in-time
Accumulated other comprehensive income (loss), net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.28M	USD	Point-in-time
Accumulated other comprehensive income (loss), net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.57B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.62B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.60B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.60B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.64B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.14B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.95B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.94B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.00B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$969.55M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.95B	USD	2 Qtrs
Cost of net revenues	`CostOfRevenue`	$288.56M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$281.99M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$571.06M	USD	2 Qtrs
Cost of net revenues	`CostOfRevenue`	$545.87M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.40B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.37B	USD	2 Qtrs
Gross profit	`GrossProfit`	$687.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$713.61M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$892.88M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$865.86M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$426.40M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$453.19M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$175.93M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$72.97M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$144.77M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$88.48M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.01B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$499.36M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$541.68M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.07B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$171.93M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$188.20M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$305.45M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$386.28M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$922.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$245.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$6.76M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$4.42M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-4.76M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.99M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-14.83M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-26.11M	USD	2 Qtrs
Total interest income and other income (expense), net	`InterestIncomeAndOtherIncomeExpenseNet`	$766.00K	USD	2 Qtrs
Total interest income and other income (expense), net	`InterestIncomeAndOtherIncomeExpenseNet`	$-342.00K	USD	1 Quarter
Total interest income and other income (expense), net	`InterestIncomeAndOtherIncomeExpenseNet`	$-25.18M	USD	2 Qtrs
Total interest income and other income (expense), net	`InterestIncomeAndOtherIncomeExpenseNet`	$-14.59M	USD	1 Quarter
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$173.61M	USD	1 Quarter
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$306.21M	USD	2 Qtrs
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$361.10M	USD	2 Qtrs
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$171.59M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$114.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$60.81M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$106.60M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$59.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$112.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$199.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$111.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$247.10M	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.44	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$3.15	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$2.60	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.46	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.44	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$3.13	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.60	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.46	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.52M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	78.39M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.72M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	78.57M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.84M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.55M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.90M	shares	2 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$111.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$247.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$112.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$199.61M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-36.69M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$14.75M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$71.64M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$59.91M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$34.14M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$65.76M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$75.59M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$37.86M	USD	1 Quarter
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$15.53M	USD	2 Qtrs
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$15.07M	USD	2 Qtrs
Other non-cash operating activities	`OtherNoncashIncomeExpense`	$-21.86M	USD	2 Qtrs
Other non-cash operating activities	`OtherNoncashIncomeExpense`	$-16.17M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$73.68M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$53.46M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-19.06M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$91.06M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$16.80M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.22M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-23.94M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.35M	USD	2 Qtrs
Accrued and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-212.90M	USD	2 Qtrs
Accrued and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$140.28M	USD	2 Qtrs
Long-term income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.66M	USD	2 Qtrs
Long-term income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-11.11M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$136.02M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$56.72M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$157.54M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$451.67M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$163.35M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$122.66M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$20.47M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.37M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$17.60M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$21.69M	USD	2 Qtrs
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$92.23M	USD	2 Qtrs
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$4.05M	USD	2 Qtrs
Purchase of equity investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Purchase of equity investments	`PaymentsToAcquireEquityMethodInvestments`	$75.00M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$2.19M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-74.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-72.08M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-178.31M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$14.83M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$14.26M	USD	2 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$292.36M	USD	2 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$275.04M	USD	2 Qtrs
Payments for equity forward contracts related to accelerated share repurchase agreements	`ProceedsFromEquityForwardContractsRelatedToAcceleratedStockRepurchaseAgreements`	$40.00M	USD	2 Qtrs
Payments for equity forward contracts related to accelerated share repurchase agreements	`ProceedsFromEquityForwardContractsRelatedToAcceleratedStockRepurchaseAgreements`	-	USD	2 Qtrs
Payroll taxes paid upon the vesting of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$52.19M	USD	2 Qtrs
Payroll taxes paid upon the vesting of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.79M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-312.40M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-259.89M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.98M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.52M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-221.95M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.94M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$952.30M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$878.19M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$942.36M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$952.30M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$878.19M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$942.36M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10B	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$3.62B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.67B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.48B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.64B	USD	Point-in-time
Net income	`NetIncomeLoss`	$112.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$199.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$111.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$247.10M	USD	2 Qtrs
Change in tax effect unrealized gains on investments	`OCIDebtSecuritiesAvailableForSaleChangeInTaxEffectOfUnrealizedHoldingGainLossAfterTax`	$350.00K	USD	1 Quarter
Net change in unrealized gains (losses) from investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00M	USD	2 Qtrs
Net change in unrealized gains (losses) from investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.03M	USD	2 Qtrs
Net change in unrealized gains (losses) from investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-301.00K	USD	1 Quarter
Net change in unrealized gains (losses) from investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$350.00K	USD	1 Quarter
Net change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$19.63M	USD	2 Qtrs
Net change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.16M	USD	1 Quarter
Net change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.76M	USD	1 Quarter
Net change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.07M	USD	2 Qtrs
Issuance of common stock relating to employee equity compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Issuance of common stock relating to employee equity compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$14.26M	USD	2 Qtrs
Issuance of common stock relating to employee equity compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$14.83M	USD	2 Qtrs
Tax withholdings related to net share settlements of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$52.19M	USD	2 Qtrs
Tax withholdings related to net share settlements of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.79M	USD	2 Qtrs
Tax withholdings related to net share settlements of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$654.00K	USD	1 Quarter
Tax withholdings related to net share settlements of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$930.00K	USD	1 Quarter
Common stock repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$200.00M	USD	1 Quarter
Common stock repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$292.36M	USD	2 Qtrs
Common stock repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$275.04M	USD	2 Qtrs
Equity forward contract related to accelerated stock repurchase	`AdjustmentsToAdditionalPaidInCapitalAcceleratedRepurchaseAgreementRemainingContractValue`	$-40.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.14M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$75.59M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$65.76M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.86M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$3.48B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.67B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.62B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.64B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$111.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$247.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$112.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$199.61M	USD	2 Qtrs
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.16M	USD	1 Quarter
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.76M	USD	1 Quarter
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.07M	USD	2 Qtrs
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$19.63M	USD	2 Qtrs
Change in unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$350.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-301.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.03M	USD	2 Qtrs
Change in unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$21.63M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.51M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-24.10M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-14.06M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$98.74M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$121.32M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$223.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$221.24M	USD	2 Qtrs

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