10-Q Filing

BIO-TECHNE CORP CIK: 842023 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001437749-17-008654`
Period End Date	20170331
Filing Date	20170510
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	tech-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 80 Cash Flow Statement 77 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`	$659.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.24M	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.84M	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	37.33M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	37.25M	shares	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$53.78M	USD	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$31.60M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	37.25M	shares	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $659 and $555, respectively	`AccountsReceivableNetCurrent`	$93.39M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	37.33M	shares	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $659 and $555, respectively	`AccountsReceivableNetCurrent`	$118.33M	USD	Point-in-time
Inventories	`InventoryNet`	$63.77M	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockNoParValue`	$0.01	USD	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
Prepaid expenses	`PrepaidExpenseCurrent`	$7.56M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$253.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$306.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$132.15M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$132.36M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$482.69M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$310.52M	USD	Point-in-time
Goodwill	`Goodwill`	$430.88M	USD	Point-in-time
Goodwill	`Goodwill`	$569.74M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.92M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$42.81M	USD	Point-in-time
Total Assets	`Assets`	$1.13B	USD	Point-in-time
Total Assets	`Assets`	$1.53B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$12.03M	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`	$16.89M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.37M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$23.43M	USD	Point-in-time
Contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$67.28M	USD	Point-in-time
Contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.92M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.78M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$4.72M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$6.07M	USD	Point-in-time
Related party note payable, current	`NotesPayableRelatedPartiesClassifiedCurrent`	$3.76M	USD	Point-in-time
Related party note payable, current	`NotesPayableRelatedPartiesClassifiedCurrent`	$14.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$142.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$132.07M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$62.84M	USD	Point-in-time
Long-term debt obligations	`LongTermDebtAndCapitalLeaseObligations`	$343.64M	USD	Point-in-time
Long-term debt obligations	`LongTermDebtAndCapitalLeaseObligations`	$91.50M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$38.50M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$3.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.32M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.40M	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 37,333,015 and 37,253,771, respectively	`CommonStockValue`	$373.00K	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 37,333,015 and 37,253,771, respectively	`CommonStockValue`	$372.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$194.01M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$178.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$770.55M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$778.84M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-65.29M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-70.41M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$879.28M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$907.92M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.53B	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`	$406.43M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$144.04M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$364.26M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$130.97M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$40.98M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$142.69M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$49.85M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$117.29M	USD	3 Qtrs
Gross margin	`GrossProfit`	$246.97M	USD	3 Qtrs
Gross margin	`GrossProfit`	$94.18M	USD	1 Quarter
Gross margin	`GrossProfit`	$89.99M	USD	1 Quarter
Gross margin	`GrossProfit`	$263.73M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$150.03M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$48.11M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$102.84M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$35.22M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$33.54M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$11.24M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$39.82M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$13.77M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$136.39M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$46.46M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$61.88M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$189.84M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$43.53M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$73.89M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$32.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$110.58M	USD	3 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$-1.04M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-2.27M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-6.20M	USD	3 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$-870.00K	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$67.70M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.49M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$30.03M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$109.71M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$23.71M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$12.20M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$30.86M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$8.64M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$78.85M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$43.98M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$21.39M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$30.29M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.26M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.90M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.13M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.40M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments, net of tax of $293, $3,611, $(1,767), and $3,917, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-32.08M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments, net of tax of $293, $3,611, $(1,767), and $3,917, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-32.60M	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of tax of $293, $3,611, $(1,767), and $3,917, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$16.01M	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of tax of $293, $3,611, $(1,767), and $3,917, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-475.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-45.87M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$5.11M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-24.95M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.93M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$32.98M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$49.09M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$5.34M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$23.31M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.18	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.12	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.81	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.17	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.11	USD	3 Qtrs
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`	$0.96	USD	3 Qtrs
Cash dividends per common share: (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.96	USD	3 Qtrs
Cash dividends per common share: (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.32	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.32M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.19M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.30M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.49M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.31M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.49M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.30M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$78.85M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$43.98M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$21.39M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$30.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.29M	USD	3 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$11.21M	USD	3 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$3.14M	USD	1 Quarter
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$3.44M	USD	3 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$1.08M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.38M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.32M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.22M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.97M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.32M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.68M	USD	3 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	-	USD	3 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	$14.10M	USD	3 Qtrs
Contingent consideration, operating	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-9.12M	USD	3 Qtrs
Contingent consideration, operating	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-331.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$229.00K	USD	3 Qtrs
Trade accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$19.94M	USD	3 Qtrs
Trade accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$14.62M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.24M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.58M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.05M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.91M	USD	3 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.30M	USD	3 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.49M	USD	3 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.21M	USD	3 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.90M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$275.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$562.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$107.51M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$92.62M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$90.89M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$253.94M	USD	3 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$780.00K	USD	3 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$3.62M	USD	3 Qtrs
Purchase of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$1.62M	USD	3 Qtrs
Purchase of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	-	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.31M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.84M	USD	3 Qtrs
Investment in non-consolidated company	`PaymentsToAcquireInvestments`	$40.00M	USD	3 Qtrs
Investment in non-consolidated company	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-103.95M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-301.25M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$35.81M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$35.70M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.92M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.63M	USD	3 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-239.00K	USD	3 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-402.00K	USD	3 Qtrs
Borrowings under line-of-credit agreement	`ProceedsFromLongTermLinesOfCredit`	$77.00M	USD	3 Qtrs
Borrowings under line-of-credit agreement	`ProceedsFromLongTermLinesOfCredit`	$368.50M	USD	3 Qtrs
Payments on line-of-credit	`RepaymentsOfLinesOfCredit`	$116.50M	USD	3 Qtrs
Payments on line-of-credit	`RepaymentsOfLinesOfCredit`	$34.50M	USD	3 Qtrs
Contingent consideration, financing	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Contingent consideration, financing	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$14.20M	USD	1 Quarter
Contingent consideration, financing	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$14.20M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$8.96M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$206.01M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.34M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.77M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.40M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.18M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$65.71M	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 beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$59.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$65.71M	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
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$59.84M	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`	$1.77M	USD	3 Qtrs
Unrealized losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.61M	USD	1 Quarter
Unrealized losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-293.00K	USD	1 Quarter
Unrealized losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.92M	USD	3 Qtrs

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