10-Q Filing

BIO-TECHNE CORP CIK: 842023 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001437749-18-009213`
Period End Date	20180331
Filing Date	20180509
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	tech-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 80 Cash Flow Statement 82 Comprehensive Income 4

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$696.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$822.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.61M	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.84M	USD	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$66.10M	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$89.83M	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
Accounts receivable, less allowance for doubtful accounts of $822 and $696, respectively	`AccountsReceivableNetCurrent`	$116.83M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $822 and $696, respectively	`AccountsReceivableNetCurrent`	$109.76M	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	37.55M	shares	Point-in-time
Inventories	`InventoryNet`	$88.59M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	37.33M	shares	Point-in-time
Inventories	`InventoryNet`	$60.15M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	37.55M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$13.33M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$18.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$348.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$393.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$142.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$135.12M	USD	Point-in-time
Goodwill	`Goodwill`	$610.67M	USD	Point-in-time
Goodwill	`Goodwill`	$579.03M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$443.79M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$452.04M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$27.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$44.00M	USD	Point-in-time
Total assets	`Assets`	$1.56B	USD	Point-in-time
Total assets	`Assets`	$1.62B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$14.53M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$16.86M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$19.84M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$26.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$18.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$18.77M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.84M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$5.97M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.41M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.48M	USD	Point-in-time
Contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$65.10M	USD	Point-in-time
Contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$3.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$135.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.89M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$86.99M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$120.60M	USD	Point-in-time
Long-term debt obligations	`LongTermDebtAndCapitalLeaseObligations`	$343.77M	USD	Point-in-time
Long-term debt obligations	`LongTermDebtAndCapitalLeaseObligations`	$392.50M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	-	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$3.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$5.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.14M	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 37,545,189 and 37,333,015, respectively	`CommonStockValue`	$375.00K	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 37,545,189 and 37,333,015, respectively	`CommonStockValue`	$374.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$226.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$199.16M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$799.03M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$847.31M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.94M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.86M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$949.63M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.06B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.62B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.56B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$462.74M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$406.43M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$163.97M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$144.04M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$152.78M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$134.26M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$53.71M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$47.35M	USD	1 Quarter
Gross margin	`GrossProfit`	$96.68M	USD	1 Quarter
Gross margin	`GrossProfit`	$272.17M	USD	3 Qtrs
Gross margin	`GrossProfit`	$110.26M	USD	1 Quarter
Gross margin	`GrossProfit`	$309.96M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$151.81M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$53.28M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$175.35M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$49.41M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$41.35M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$13.89M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$13.77M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$39.82M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$63.18M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$216.70M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$191.63M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$67.18M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$33.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$43.08M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$80.54M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$93.26M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-23.58M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-6.42M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-18.10M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-2.36M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$69.68M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.98M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$74.11M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.14M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-14.77M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$5.24M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$25.64M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$8.97M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$84.45M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$48.48M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$19.74M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.17M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.79M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.90M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.40M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments, net of tax of $(10,120), $293, $(4,745), and $(1,767), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$16.01M	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of tax of $(10,120), $293, $(4,745), and $(1,767), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$22.29M	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of tax of $(10,120), $293, $(4,745), and $(1,767), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$38.66M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments, net of tax of $(10,120), $293, $(4,745), and $(1,767), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-475.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$33.07M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$40.96M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.11M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.93M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$53.59M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$117.52M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.69M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$24.09M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.25	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.22	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.29	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`	$0.96	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`	$0.32	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.30M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.45M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.49M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.93M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.49M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.14M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$84.45M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$48.48M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$19.74M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.29M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.31M	USD	3 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$2.01M	USD	3 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$2.77M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-48.03M	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`	$13.59M	USD	3 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	$20.10M	USD	3 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	$14.10M	USD	3 Qtrs
Payments of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-26.20M	USD	5 Qtrs
Payments of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-26.20M	USD	3 Qtrs
Payments of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-9.12M	USD	3 Qtrs
Impairment of investment	`AssetImpairmentCharges`	$16.23M	USD	3 Qtrs
Impairment of investment	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment of investment	`AssetImpairmentCharges`	$16.25M	USD	1 Quarter
Impairment of investment	`AssetImpairmentCharges`	-	USD	1 Quarter
Other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$-911.00K	USD	3 Qtrs
Other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$1.66M	USD	3 Qtrs
Trade accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$19.94M	USD	3 Qtrs
Trade accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-9.40M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.58M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.58M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.91M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-858.00K	USD	3 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.30M	USD	3 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.67M	USD	3 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.16M	USD	3 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$2.31M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.78M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$105.53M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$92.87M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$253.94M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$65.07M	USD	3 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$3.62M	USD	3 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$6.56M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$3.06M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$1.62M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.31M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.12M	USD	3 Qtrs
Purchase of equity investment	`PaymentsToAcquireInterestInJointVenture`	$40.00M	USD	3 Qtrs
Purchase of equity investment	`PaymentsToAcquireInterestInJointVenture`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-301.25M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-76.68M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$35.81M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$35.94M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$13.72M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.63M	USD	3 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-402.00K	USD	3 Qtrs
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	3 Qtrs
Borrowings under line-of-credit agreement	`ProceedsFromLongTermLinesOfCredit`	$55.00M	USD	3 Qtrs
Borrowings under line-of-credit agreement	`ProceedsFromLongTermLinesOfCredit`	$368.50M	USD	3 Qtrs
Payments on line-of-credit	`RepaymentsOfLinesOfCredit`	$6.00M	USD	3 Qtrs
Payments on line-of-credit	`RepaymentsOfLinesOfCredit`	$116.50M	USD	3 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$58.80M	USD	3 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$14.20M	USD	3 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$58.80M	USD	5 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.34M	USD	3 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-257.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-36.36M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$205.76M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.77M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.50M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.00M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.40M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$91.61M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$86.61M	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`	$59.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$91.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$86.61M	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`	$59.84M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$5.29M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$6.88M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$31.86M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$31.10M	USD	3 Qtrs

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains and losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-4.75M	USD	3 Qtrs
Unrealized gains and losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$293.00K	USD	1 Quarter
Unrealized gains and losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-1.77M	USD	3 Qtrs
Unrealized gains and losses on availiable-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-10.12M	USD	1 Quarter

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