10-Q Filing

BIO-TECHNE CORP CIK: 842023 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001437749-20-001901`
Period End Date	20191231
Filing Date	20200206
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	tech20191231_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 79 Cash Flow Statement 74

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$980.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$85.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.89M	USD	Point-in-time
Undesignated capital stock, no par (in dollars per share)	`UndesignatedCapitalStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$110.29M	USD	Point-in-time
Undesignated capital stock, no par (in dollars per share)	`UndesignatedCapitalStockNoParValue`	-	USD	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$65.15M	USD	Point-in-time
Undesignated capital stock, shares authorized (in shares)	`UndesignatedCapitalStockSharesAuthorized`	5.00M	shares	Point-in-time
Short-term available-for-sale investments	`AvailableForSaleSecuritiesCurrent`	$133.66M	USD	Point-in-time
Undesignated capital stock, shares authorized (in shares)	`UndesignatedCapitalStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $1,011 and $980, respectively	`AccountsReceivableNetCurrent`	$137.47M	USD	Point-in-time
Undesignated capital stock, shares issued (in shares)	`UndesignatedCapitalStockSharesIssued`	0.00	shares	Point-in-time
Undesignated capital stock, shares issued (in shares)	`UndesignatedCapitalStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $1,011 and $980, respectively	`AccountsReceivableNetCurrent`	$111.75M	USD	Point-in-time
Inventories	`InventoryNet`	$91.05M	USD	Point-in-time
Inventories	`InventoryNet`	$95.35M	USD	Point-in-time
Undesignated capital stock, shares outstanding (in shares)	`UndesignatedCapitalStockSharesOutstanding`	0.00	shares	Point-in-time
Undesignated capital stock, shares outstanding (in shares)	`UndesignatedCapitalStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$14.02M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$18.06M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$465.07M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$412.61M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	38.28M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	37.93M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$154.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$164.31M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	37.93M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	38.28M	shares	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$75.82M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Goodwill	`Goodwill`	$734.24M	USD	Point-in-time
Goodwill	`Goodwill`	$732.67M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$549.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$579.43M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.25M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.67M	USD	Point-in-time
Total assets	`Assets`	$1.88B	USD	Point-in-time
Total assets	`Assets`	$2.00B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$19.09M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$16.21M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$18.61M	USD	Point-in-time
Salaries, wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$28.64M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$26.39M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$10.74M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$9.08M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$11.89M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.76M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$12.85M	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$9.40M	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$3.40M	USD	Point-in-time
Contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$9.87M	USD	Point-in-time
Current portion of long-term debt obligations	`LongTermDebtCurrent`	$12.50M	USD	Point-in-time
Current portion of long-term debt obligations	`LongTermDebtCurrent`	$12.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$101.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$104.95M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$89.75M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$104.58M	USD	Point-in-time
Long-term debt obligations	`LongTermDebtAndCapitalLeaseObligations`	$370.45M	USD	Point-in-time
Long-term debt obligations	`LongTermDebtAndCapitalLeaseObligations`	$492.66M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$2.68M	USD	Point-in-time
Long-term contingent consideration payable	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$9.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$71.69M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$25.22M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$20.71M	USD	Point-in-time
Undesignated capital stock, no par; authorized 5,000,000 shares; none issued or outstanding	`UndesignatedCapitalStockValue`	-	USD	Point-in-time
Undesignated capital stock, no par; authorized 5,000,000 shares; none issued or outstanding	`UndesignatedCapitalStockValue`	-	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 38,282,251 and 37,934,040, respectively	`CommonStockValue`	$383.00K	USD	Point-in-time
Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 38,282,251 and 37,934,040, respectively	`CommonStockValue`	$379.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$316.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$362.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.04B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$931.93M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-78.35M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-83.52M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.10B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.32B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.00B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.88B	USD	Point-in-time

Income Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$368.18M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$337.48M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$184.93M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$174.51M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$63.53M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$116.86M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$61.49M	USD	1 Quarter
Gross margin	`GrossProfit`	$121.40M	USD	1 Quarter
Gross margin	`GrossProfit`	$220.62M	USD	2 Qtrs
Gross margin	`GrossProfit`	$239.82M	USD	2 Qtrs
Gross margin	`GrossProfit`	$113.02M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$63.60M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$68.03M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$137.04M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$130.66M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$15.81M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$16.38M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$30.60M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$32.46M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$161.26M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$169.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$79.42M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$84.41M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$59.36M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$33.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$36.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$70.32M	USD	2 Qtrs
Other (expense) income	`NonoperatingIncomeExpense`	$-11.84M	USD	1 Quarter
Other (expense) income	`NonoperatingIncomeExpense`	$-20.01M	USD	2 Qtrs
Other (expense) income	`NonoperatingIncomeExpense`	$113.33M	USD	1 Quarter
Other (expense) income	`NonoperatingIncomeExpense`	$97.81M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$39.35M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$168.13M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.77M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$150.33M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$34.11M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$30.70M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$4.39M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$4.21M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.56M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$34.96M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$119.62M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$134.02M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$14.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.46M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.60M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$11.87M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.26M	USD	2 Qtrs
Derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$904.00K	USD	2 Qtrs
Derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-3.92M	USD	1 Quarter
Derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.41M	USD	1 Quarter
Derivative instruments - cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-3.92M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.14M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.17M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.11M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.38M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-13.52M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.28M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$132.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.18M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.44M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$139.19M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.93	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.51	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.40	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.77M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.17M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.10M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.73M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.78M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.37M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.55M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.75M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$17.56M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$34.96M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$119.62M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$134.02M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$14.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.64M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.93M	USD	2 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	$1.87M	USD	2 Qtrs
Costs recognized on sale of acquired inventory	`FairValueWriteUpOfAcquiredInventory`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$14.80M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-9.11M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$18.43M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$18.50M	USD	2 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	$-700.00K	USD	2 Qtrs
Fair value adjustment to contingent consideration payable	`FairValueAdjustmentToContingentConsiderationPayable`	$100.00K	USD	2 Qtrs
Fair value adjustment on available for sale investments	`FairValueAdjustmentOnAvailableForSaleSecurities`	$-110.86M	USD	2 Qtrs
Fair value adjustment on available for sale investments	`FairValueAdjustmentOnAvailableForSaleSecurities`	$9.37M	USD	2 Qtrs
Other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$2.34M	USD	2 Qtrs
Other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$192.00K	USD	2 Qtrs
Trade accounts and other receivables, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-7.85M	USD	2 Qtrs
Trade accounts and other receivables, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-9.95M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.38M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$8.21M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.32M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.26M	USD	2 Qtrs
Trade accounts payable, accrued expenses, contract liabilities, and other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.12M	USD	2 Qtrs
Trade accounts payable, accrued expenses, contract liabilities, and other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.38M	USD	2 Qtrs
Salaries, wages and related accruals	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-10.19M	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`	$12.39M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$86.01M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$110.96M	USD	2 Qtrs
Proceeds from sale and maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$5.33M	USD	2 Qtrs
Proceeds from sale and maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$68.40M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$25.10M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$26.00M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.09M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.79M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$272.29M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-301.75M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$18.21M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$24.15M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$24.36M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$18.86M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$27.25M	USD	2 Qtrs
Re-purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Re-purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.40M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromLongTermLinesOfCredit`	$580.00M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLinesOfCredit`	$122.25M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLinesOfCredit`	$373.25M	USD	2 Qtrs
Other financing activity	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.73M	USD	2 Qtrs
Other financing activity	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.93M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$181.32M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-121.30M	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`	$1.53M	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`	$9.41M	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`	$85.89M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$100.89M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$110.29M	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`	$85.89M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.89M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$110.29M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$7.04M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$10.81M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$9.87M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$19.14M	USD	2 Qtrs

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