10-Q Filing

BIO-TECHNE CORP CIK: 842023 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001437749-17-002015`
Period End Date	20161231
Filing Date	20170209
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	tech-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 80 Cash Flow Statement 70 Comprehensive Income 4

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$555.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$614.00K	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.94M	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.53M	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	37.31M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	37.25M	shares	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$31.60M	USD	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$56.56M	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $614 and $555, respectively	`AccountsReceivableNetCurrent`	$93.39M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	37.31M	shares	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $614 and $555, respectively	`AccountsReceivableNetCurrent`	$104.37M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	37.25M	shares	Point-in-time
Common stock par value (in dollars per share)	`CommonStockNoParValue`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$57.10M	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockNoParValue`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$66.09M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.56M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$294.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$253.89M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$132.36M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$131.95M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$310.52M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$493.54M	USD	Point-in-time
Goodwill	`Goodwill`	$430.88M	USD	Point-in-time
Goodwill	`Goodwill`	$557.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.92M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$42.69M	USD	Point-in-time
Total Assets	`Assets`	$1.52B	USD	Point-in-time
Total Assets	`Assets`	$1.13B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$12.91M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$20.65M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$14.87M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$15.61M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$19.86M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.37M	USD	Point-in-time
Contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$63.50M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.78M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$4.85M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$4.72M	USD	Point-in-time
Related party note payable, current	`NotesPayableRelatedPartiesClassifiedCurrent`	$3.76M	USD	Point-in-time
Related party note payable, current	`NotesPayableRelatedPartiesClassifiedCurrent`	$3.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$120.33M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$133.24M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$62.84M	USD	Point-in-time
Long-term debt obligations	`LongTermDebtAndCapitalLeaseObligations`	$343.66M	USD	Point-in-time
Long-term debt obligations	`LongTermDebtAndCapitalLeaseObligations`	$91.50M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$28.60M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$38.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.63M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.32M	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 37,310,142 and 37,253,771, respectively	`CommonStockValue`	$372.00K	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 37,310,142 and 37,253,771, respectively	`CommonStockValue`	$373.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$188.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$178.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$769.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$770.55M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-67.22M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-70.41M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$890.57M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$879.28M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.52B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.13B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$131.81M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$120.91M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$262.39M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$233.29M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$39.32M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$46.73M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$76.31M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$92.84M	USD	2 Qtrs
Gross margin	`GrossProfit`	$156.98M	USD	2 Qtrs
Gross margin	`GrossProfit`	$85.08M	USD	1 Quarter
Gross margin	`GrossProfit`	$169.55M	USD	2 Qtrs
Gross margin	`GrossProfit`	$81.59M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$34.59M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$101.92M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$55.66M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$67.62M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$13.28M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$26.05M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$22.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$10.98M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$127.96M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$45.56M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$68.94M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$89.92M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$67.05M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$16.15M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$41.59M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$36.02M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-2.61M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-3.92M	USD	2 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$167.00K	USD	2 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$-651.00K	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$67.22M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$35.37M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.67M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.54M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$15.07M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$7.23M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$9.52M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$18.66M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$48.56M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$25.85M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$6.31M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.59M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.41M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.07M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.51M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.30M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of tax of $(1,889), $(3,466), $(2,060), and $306, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-523.00K	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of tax of $(1,889), $(3,466), $(2,060), and $306, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$16.49M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of tax of $(1,889), $(3,466), $(2,060), and $306, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$9.60M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments, net of tax of $(1,889), $(3,466), $(2,060), and $306, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$6.78M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$2.09M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-3.29M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-20.93M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$3.19M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$27.94M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$27.63M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$25.78M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.02M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.31	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.60	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.30	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Cash dividends per common share: (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.32	USD	1 Quarter
Cash dividends per common share: (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.32	USD	1 Quarter
Cash dividends per common share: (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.64	USD	2 Qtrs
Cash dividends per common share: (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.64	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.18M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.19M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.29M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.31M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.48M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.48M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.31M	shares	2 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$48.56M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$25.85M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$6.31M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.59M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$29.25M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.27M	USD	2 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$2.36M	USD	2 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$8.07M	USD	2 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$3.85M	USD	1 Quarter
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$1.25M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.44M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.38M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.36M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.05M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.32M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$7.25M	USD	2 Qtrs
Fair value adjustment to contingent consideration payable	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Fair value adjustment to contingent consideration payable	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$12.40M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-123.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-204.00K	USD	2 Qtrs
Trade accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$6.41M	USD	2 Qtrs
Trade accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-5.41M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.56M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.50M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-235.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.51M	USD	2 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.07M	USD	2 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.25M	USD	2 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.47M	USD	2 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-987.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.73M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.23M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$67.68M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$70.37M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$255.93M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$82.89M	USD	2 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$3.93M	USD	2 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.59M	USD	2 Qtrs
Purchase of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$1.62M	USD	2 Qtrs
Purchase of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	-	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.01M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.29M	USD	2 Qtrs
Purchase of equity investment	`PaymentsToAcquireInvestments`	$40.00M	USD	2 Qtrs
Purchase of equity investment	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-301.26M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-89.97M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$23.80M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$23.87M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.18M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.10M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-120.00K	USD	2 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-305.00K	USD	2 Qtrs
Borrowings under line-of-credit agreement	`ProceedsFromLongTermLinesOfCredit`	$368.41M	USD	2 Qtrs
Borrowings under line-of-credit agreement	`ProceedsFromLongTermLinesOfCredit`	$77.00M	USD	2 Qtrs
Payments on line-of-credit	`RepaymentsOfLinesOfCredit`	$26.00M	USD	2 Qtrs
Payments on line-of-credit	`RepaymentsOfLinesOfCredit`	$116.50M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$28.50M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$230.45M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-985.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.17M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.30M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.92M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$62.45M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$58.94M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$64.24M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$54.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$62.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$58.94M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$64.24M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$54.53M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Unrealized losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-2.06M	USD	2 Qtrs
Unrealized losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-1.89M	USD	1 Quarter
Unrealized losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.47M	USD	1 Quarter
Unrealized losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$306.00K	USD	2 Qtrs

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