10-Q Filing

BIO-TECHNE CORP CIK: 842023 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001437749-19-008875`
Period End Date	20190331
Filing Date	20190507
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	tech-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 92 Cash Flow Statement 84

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.04M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$839.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$360.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.61M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$95.56M	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
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$83.23M	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
Accounts receivable, less allowance for doubtful accounts of $1,037 and $839, respectively	`AccountsReceivableNetCurrent`	$133.93M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $1,037 and $839, respectively	`AccountsReceivableNetCurrent`	$120.30M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventories	`InventoryNet`	$93.84M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	37.61M	shares	Point-in-time
Inventories	`InventoryNet`	$85.65M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	37.81M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.88M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	37.81M	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`	$423.43M	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`	$145.32M	USD	Point-in-time
Goodwill	`Goodwill`	$719.61M	USD	Point-in-time
Goodwill	`Goodwill`	$597.89M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$446.33M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$579.14M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.27M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.12M	USD	Point-in-time
Total assets	`Assets`	$1.87B	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$18.45M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$14.90M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$23.71M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$23.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$28.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$20.36M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$10.11M	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`	$5.32M	USD	Point-in-time
Current portion of contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$3.40M	USD	Point-in-time
Current portion of contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Current portion of long-term debt obligations	`LongTermDebtCurrent`	-	USD	Point-in-time
Current portion of long-term debt obligations	`LongTermDebtCurrent`	$12.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$98.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$79.51M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$86.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$96.84M	USD	Point-in-time
Long-term debt obligations, net of deferred financing costs of $360 and $0 respectively	`LongTermDebtAndCapitalLeaseObligations`	$509.76M	USD	Point-in-time
Long-term debt obligations, net of deferred financing costs of $360 and $0 respectively	`LongTermDebtAndCapitalLeaseObligations`	$339.00M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	-	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$2.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$19.50M	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 37,813,367 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 37,813,367 and 37,607,500, respectively	`CommonStockValue`	$378.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$246.57M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$297.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$927.77M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$876.93M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-44.81M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-79.63M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.06B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$997.82M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$949.63M	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 liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.87B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$522.34M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$462.74M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$184.86M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$163.97M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$177.11M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$60.25M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$53.71M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$152.78M	USD	3 Qtrs
Gross margin	`GrossProfit`	$345.23M	USD	3 Qtrs
Gross margin	`GrossProfit`	$309.96M	USD	3 Qtrs
Gross margin	`GrossProfit`	$110.26M	USD	1 Quarter
Gross margin	`GrossProfit`	$124.61M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$64.97M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$175.35M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$53.28M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$195.62M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$13.89M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$41.35M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$15.55M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$46.15M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$80.52M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$241.78M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$67.18M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$216.70M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$103.45M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$93.26M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$43.08M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$44.09M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$5.79M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-14.23M	USD	3 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$-18.10M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-23.58M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.88M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$69.68M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$89.23M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.98M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$9.62M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$5.24M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$5.22M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-14.77M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$44.65M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.56M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$48.85M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$19.74M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$84.45M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$15.86M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$79.61M	USD	3 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.37M	USD	3 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.79M	USD	3 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$5.23M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.30M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Unrealized gain (loss) on derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.85M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.77M	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$38.66M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$22.29M	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$33.07M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.14M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.14M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$40.96M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-824.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.06M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.38M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.38M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$48.03M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.69M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$69.47M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$117.52M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.25	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.11	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.18	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.05	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.22	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`	37.74M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.77M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.45M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.86M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.81M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.93M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.14M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$44.65M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.56M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$48.85M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$19.74M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$84.45M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$15.86M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$79.61M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.31M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$58.25M	USD	3 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$2.01M	USD	3 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$2.80M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-11.11M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-48.03M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.59M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$24.15M	USD	3 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	$20.10M	USD	3 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	$-1.10M	USD	3 Qtrs
Payments of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-26.20M	USD	3 Qtrs
Payments of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Impairment of investment	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment of investment	`AssetImpairmentCharges`	$16.23M	USD	3 Qtrs
Impairment of investment	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of investment	`AssetImpairmentCharges`	$16.25M	USD	1 Quarter
Fair value adjustment on available for sale investments	`FairValueAdjustmentOnAvailableForSaleSecurities`	-	USD	3 Qtrs
Fair value adjustment on available for sale investments	`FairValueAdjustmentOnAvailableForSaleSecurities`	$-2.91M	USD	3 Qtrs
Other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$1.66M	USD	3 Qtrs
Other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$2.25M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$13.14M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-9.40M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.58M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.55M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-858.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.00M	USD	3 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.67M	USD	3 Qtrs
Trade accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.98M	USD	3 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.16M	USD	3 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-102.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.78M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.47M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$105.53M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$125.67M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$65.07M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$272.29M	USD	3 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$17.21M	USD	3 Qtrs
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$6.56M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$37.69M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$3.06M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.72M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.12M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-76.68M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-306.48M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$35.94M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$36.24M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$13.72M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$27.03M	USD	3 Qtrs
Re-purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Re-purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.40M	USD	3 Qtrs
Borrowings under credit agreement	`ProceedsFromLongTermLinesOfCredit`	$580.00M	USD	3 Qtrs
Borrowings under credit agreement	`ProceedsFromLongTermLinesOfCredit`	$55.00M	USD	3 Qtrs
Payments on credit agreement	`RepaymentsOfLinesOfCredit`	$396.38M	USD	3 Qtrs
Payments on credit agreement	`RepaymentsOfLinesOfCredit`	$6.00M	USD	3 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$58.80M	USD	3 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.34M	USD	3 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.73M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-36.36M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$154.28M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.50M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$99.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-26.43M	USD	3 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`	$86.61M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$91.61M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$95.56M	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`	$86.61M	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`	$95.56M	USD	Point-in-time
Cash paid for interest	`IncomeTaxesPaid`	$6.88M	USD	3 Qtrs
Cash paid for interest	`IncomeTaxesPaid`	$16.11M	USD	3 Qtrs
Cash paid for income taxes	`InterestPaidNet`	$31.10M	USD	3 Qtrs
Cash paid for income taxes	`InterestPaidNet`	$26.64M	USD	3 Qtrs

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