10-Q Filing

BIO-TECHNE CORP CIK: 842023 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001437749-19-002066`
Period End Date	20181231
Filing Date	20190207
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	tech-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 88 Cash Flow Statement 76

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.01M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$839.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.99M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$388.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.46M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$85.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.61M	USD	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$70.65M	USD	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$59.76M	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $1,012 and $839, respectively	`AccountsReceivableNetCurrent`	$113.28M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $1,012 and $839, respectively	`AccountsReceivableNetCurrent`	$120.30M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	37.61M	shares	Point-in-time
Inventories	`InventoryNet`	$90.91M	USD	Point-in-time
Inventories	`InventoryNet`	$85.65M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	37.73M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.21M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	37.73M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	37.61M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$10.67M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$379.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$398.37M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$145.35M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$145.26M	USD	Point-in-time
Goodwill	`Goodwill`	$597.89M	USD	Point-in-time
Goodwill	`Goodwill`	$706.36M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$608.27M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$446.33M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.27M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.01M	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Total assets	`Assets`	$1.84B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$18.45M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$16.01M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$23.71M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$19.68M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$20.36M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$25.86M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$8.40M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$8.11M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$8.88M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.98M	USD	Point-in-time
Contingent portion of long-term debt obligations	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Contingent portion of long-term debt obligations	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$12.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$79.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$87.43M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$86.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$104.11M	USD	Point-in-time
Long-term debt obligations, net of deferred financing costs of $388 and $0 respectively	`LongTermDebtAndCapitalLeaseObligations`	$532.87M	USD	Point-in-time
Long-term debt obligations, net of deferred financing costs of $388 and $0 respectively	`LongTermDebtAndCapitalLeaseObligations`	$339.00M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$6.00M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.99M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.34M	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 37,734,646 and 37,607,500, respectively	`CommonStockValue`	$376.00K	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 37,734,646 and 37,607,500, respectively	`CommonStockValue`	$377.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$283.85M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$246.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$895.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$876.93M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-83.01M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-44.81M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$949.63M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$997.82M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.10B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$960.08M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.84B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$337.48M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$174.51M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$154.15M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$298.77M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$116.86M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$52.32M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$99.06M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$61.49M	USD	1 Quarter
Gross margin	`GrossProfit`	$220.62M	USD	2 Qtrs
Gross margin	`GrossProfit`	$101.83M	USD	1 Quarter
Gross margin	`GrossProfit`	$199.70M	USD	2 Qtrs
Gross margin	`GrossProfit`	$113.02M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$63.77M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$63.60M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$122.06M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$130.66M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$30.60M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$15.81M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$13.91M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$27.46M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$77.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$149.52M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$79.42M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$161.26M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$33.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$59.36M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$50.18M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$24.15M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-5.48M	USD	2 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$-11.84M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-20.01M	USD	2 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$-2.42M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.73M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.77M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$39.35M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$44.70M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-27.12M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-20.01M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$4.21M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$4.39M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$17.56M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$15.86M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$34.96M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$64.71M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$48.85M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.60M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.46M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$8.49M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.52M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-3.92M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Unrealized gain (loss) on derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-3.92M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.58M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-16.37M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-824.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.88M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.38M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.06M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-13.52M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.14M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.18M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$41.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.44M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$56.83M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.73	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.93	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.71	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.29	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	2 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
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`	37.45M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.41M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.77M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.73M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.93M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.75M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.82M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.78M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$17.56M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$15.86M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$34.96M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$64.71M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$48.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.93M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$31.04M	USD	2 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$582.00K	USD	2 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$1.87M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.11M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-43.54M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.84M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$18.43M	USD	2 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	$19.90M	USD	2 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	$-700.00K	USD	2 Qtrs
Fair value adjustment on available for sale investments	`FairValueAdjustmentOnAvailableForSaleSecurities`	$9.37M	USD	2 Qtrs
Fair value adjustment on available for sale investments	`FairValueAdjustmentOnAvailableForSaleSecurities`	-	USD	2 Qtrs
Other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$2.34M	USD	2 Qtrs
Other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$1.56M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-18.64M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-7.85M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$7.51M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$8.21M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.32M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.26M	USD	2 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.38M	USD	2 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.74M	USD	2 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$454.00K	USD	2 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.94M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.90M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-7.37M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$86.01M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$83.88M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.64M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$272.29M	USD	2 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$5.33M	USD	2 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$6.56M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$26.00M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$3.06M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.61M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.79M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-301.75M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.75M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$24.15M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$23.95M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$6.70M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$18.86M	USD	2 Qtrs
Re-purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Re-purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.40M	USD	2 Qtrs
Borrowings under credit agreement	`ProceedsFromLongTermLinesOfCredit`	$25.00M	USD	2 Qtrs
Borrowings under credit agreement	`ProceedsFromLongTermLinesOfCredit`	$580.00M	USD	2 Qtrs
Payments on credit agreement	`RepaymentsOfLinesOfCredit`	$6.00M	USD	2 Qtrs
Payments on credit agreement	`RepaymentsOfLinesOfCredit`	$373.25M	USD	2 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$35.00M	USD	2 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.73M	USD	2 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.16M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-35.40M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$181.32M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.69M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$122.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-36.10M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$29.85M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$121.99M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$121.46M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$85.89M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$91.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$121.99M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$121.46M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$85.89M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$91.61M	USD	Point-in-time
Cash paid for interest	`IncomeTaxesPaid`	$10.81M	USD	2 Qtrs
Cash paid for interest	`IncomeTaxesPaid`	$3.63M	USD	2 Qtrs
Cash paid for income taxes	`InterestPaidNet`	$27.87M	USD	2 Qtrs
Cash paid for income taxes	`InterestPaidNet`	$19.14M	USD	2 Qtrs

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