10-Q Filing

ALIGN TECHNOLOGY INC CIK: 1097149 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001097149-23-000082`
Period End Date	20230930
Filing Date	20231103
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	algn-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 68 Cash Flow Statement 74 Stockholders Equity 40 Comprehensive Income 20

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.15M	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`	$942.05M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.24B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	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
Marketable securities, short-term	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$44.79M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $13,155 and $10,343, respectively	`AccountsReceivableNetCurrent`	$859.68M	USD	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 $13,155 and $10,343, respectively	`AccountsReceivableNetCurrent`	$904.18M	USD	Point-in-time
Inventories	`InventoryNet`	$296.19M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$338.75M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$217.63M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	76.59M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	77.27M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.70B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	76.59M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.42B	USD	Point-in-time
Marketable securities, long-term	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$41.98M	USD	Point-in-time
Marketable securities, long-term	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$18.14M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.23B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.27B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$118.88M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$118.97M	USD	Point-in-time
Goodwill	`Goodwill`	$407.55M	USD	Point-in-time
Goodwill	`Goodwill`	$404.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$95.72M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$82.74M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.59B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.57B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$132.43M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$55.83M	USD	Point-in-time
Total assets	`Assets`	$6.32B	USD	Point-in-time
Total assets	`Assets`	$5.95B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$127.87M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$99.69M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$454.37M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$614.46M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$1.41B	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`	$2.12B	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesNoncurrent`	$124.39M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesNoncurrent`	$116.44M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$98.52M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$100.33M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$195.97M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$178.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.35B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.52B	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; 76,588 and 77,267 issued and outstanding, respectively)	`CommonStockValue`	$8.00K	USD	Point-in-time
Common stock, $0.0001 par value (200,000 shares authorized; 76,588 and 77,267 issued and outstanding, respectively)	`CommonStockValue`	$8.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.19B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.04B	USD	Point-in-time
Accumulated other comprehensive income (loss), net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.05M	USD	Point-in-time
Accumulated other comprehensive income (loss), net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.57B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.61B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.60B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.60B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.62B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.64B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.80B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.69B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.32B	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`	$890.35M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$960.21M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.83B	USD	3 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.91B	USD	3 Qtrs
Cost of net revenues	`CostOfRevenue`	$817.05M	USD	3 Qtrs
Cost of net revenues	`CostOfRevenue`	$271.18M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$868.20M	USD	3 Qtrs
Cost of net revenues	`CostOfRevenue`	$297.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.04B	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.02B	USD	3 Qtrs
Gross profit	`GrossProfit`	$663.08M	USD	1 Quarter
Gross profit	`GrossProfit`	$619.17M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.30B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.26B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$407.99M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$398.55M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$264.67M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$221.74M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$88.74M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$76.97M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.49B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$496.73M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$475.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.57B	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$529.93M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$166.35M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$471.79M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$143.66M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$2.61M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$1.69M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$5.52M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$12.28M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-15.75M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-48.80M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-9.76M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-22.70M	USD	1 Quarter
Total interest income and other income (expense), net	`InterestIncomeAndOtherIncomeExpenseNet`	$-46.20M	USD	3 Qtrs
Total interest income and other income (expense), net	`InterestIncomeAndOtherIncomeExpenseNet`	$-21.02M	USD	1 Quarter
Total interest income and other income (expense), net	`InterestIncomeAndOtherIncomeExpenseNet`	$-4.24M	USD	1 Quarter
Total interest income and other income (expense), net	`InterestIncomeAndOtherIncomeExpenseNet`	$-3.47M	USD	3 Qtrs
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$483.74M	USD	3 Qtrs
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$162.11M	USD	1 Quarter
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$122.64M	USD	1 Quarter
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$468.32M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$49.94M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$147.28M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.68M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$163.94M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$319.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$121.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.04M	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$4.08	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$4.19	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.59	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.93	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$4.18	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$4.07	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.58	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.67M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.57M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	78.09M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	78.41M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.83M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.85M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.65M	shares	3 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.04M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$319.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$121.43M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-22.75M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$6.76M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.19M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$92.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$37.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$108.67M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$115.20M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$39.60M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$32.92M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$98.68M	USD	3 Qtrs
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$24.03M	USD	3 Qtrs
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$22.76M	USD	3 Qtrs
Impairment of equity investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$3.33M	USD	3 Qtrs
Impairment of equity investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	3 Qtrs
Other non-cash operating activities	`OtherNoncashIncomeExpense`	$-26.22M	USD	3 Qtrs
Other non-cash operating activities	`OtherNoncashIncomeExpense`	$-28.43M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.28M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$80.30M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-31.64M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$108.52M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.77M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.44M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-27.10M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-23.13M	USD	3 Qtrs
Accrued and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$156.02M	USD	3 Qtrs
Accrued and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-213.38M	USD	3 Qtrs
Long-term income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.02M	USD	3 Qtrs
Long-term income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-7.98M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$197.85M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$82.89M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$424.02M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$738.88M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.30M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$144.30M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$238.70M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.37M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$20.47M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$35.75M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$22.46M	USD	3 Qtrs
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$93.65M	USD	3 Qtrs
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$5.17M	USD	3 Qtrs
Purchase of equity investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Purchase of equity investments	`PaymentsToAcquireEquityMethodInvestments`	$77.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-128.00K	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$2.14M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-157.51M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-182.62M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$26.59M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$26.15M	USD	3 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$275.04M	USD	3 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$292.36M	USD	3 Qtrs
Payments for equity forward contracts related to accelerated share repurchase agreements	`ProceedsFromEquityForwardContractsRelatedToAcceleratedStockRepurchaseAgreements`	-	USD	3 Qtrs
Payments for equity forward contracts related to accelerated share repurchase agreements	`ProceedsFromEquityForwardContractsRelatedToAcceleratedStockRepurchaseAgreements`	$40.00M	USD	3 Qtrs
Payroll taxes paid upon the vesting of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$52.61M	USD	3 Qtrs
Payroll taxes paid upon the vesting of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.29M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-248.06M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-301.50M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-20.42M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.21M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$297.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-55.40M	USD	3 Qtrs
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 beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.24B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	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 end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.24B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$942.36M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.62B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.64B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.80B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.69B	USD	Point-in-time
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.04M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$319.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$121.43M	USD	1 Quarter
Change in tax effect unrealized gains on investments	`OCIDebtSecuritiesAvailableForSaleChangeInTaxEffectOfUnrealizedHoldingGainLossAfterTax`	$526.00K	USD	1 Quarter
Net change in unrealized gains (losses) from investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.52M	USD	3 Qtrs
Net change in unrealized gains (losses) from investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.76M	USD	3 Qtrs
Net change in unrealized gains (losses) from investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-729.00K	USD	1 Quarter
Net change in unrealized gains (losses) from investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$526.00K	USD	1 Quarter
Net change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.81M	USD	3 Qtrs
Net change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.82M	USD	1 Quarter
Net change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-41.31M	USD	3 Qtrs
Net change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.25M	USD	1 Quarter
Issuance of common stock relating to employee equity compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$26.59M	USD	3 Qtrs
Issuance of common stock relating to employee equity compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$26.15M	USD	3 Qtrs
Issuance of common stock relating to employee equity compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$11.32M	USD	1 Quarter
Issuance of common stock relating to employee equity compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$12.34M	USD	1 Quarter
Tax withholdings related to net share settlements of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$52.61M	USD	3 Qtrs
Tax withholdings related to net share settlements of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.29M	USD	3 Qtrs
Tax withholdings related to net share settlements of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$507.00K	USD	1 Quarter
Tax withholdings related to net share settlements of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$424.00K	USD	1 Quarter
Common stock repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$275.04M	USD	3 Qtrs
Common stock repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$292.36M	USD	3 Qtrs
Equity forward contract related to accelerated stock repurchase	`AdjustmentsToAdditionalPaidInCapitalAcceleratedRepurchaseAgreementRemainingContractValue`	$-40.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$98.68M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$39.60M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.92M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$115.20M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$3.64B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.62B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.80B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.69B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.04M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$319.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$121.43M	USD	1 Quarter
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.81M	USD	3 Qtrs
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.82M	USD	1 Quarter
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-41.31M	USD	3 Qtrs
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.25M	USD	1 Quarter
Change in unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$526.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-729.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.76M	USD	3 Qtrs
Change in unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.52M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$12.33M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-20.98M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-45.07M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$51.73M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$112.13M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$333.37M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$274.73M	USD	3 Qtrs

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