10-Q Filing

AIR LEASE CORP CIK: 1487712 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-006887`
Period End Date	20180630
Filing Date	20180809
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	al-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 68 Cash Flow Statement 74 Stockholders Equity 16

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$259.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$292.20M	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$22.24M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$16.08M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$21.53M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Flight equipment subject to operating leases	`PropertySubjectToOrAvailableForOperatingLeaseGross`	$15.10B	USD	Point-in-time
Flight equipment subject to operating leases	`PropertySubjectToOrAvailableForOperatingLeaseGross`	$16.96B	USD	Point-in-time
Less accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$1.82B	USD	Point-in-time
Less accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$2.10B	USD	Point-in-time
Flight equipment subject to operating leases, net	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$13.28B	USD	Point-in-time
Flight equipment subject to operating leases, net	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$14.86B	USD	Point-in-time
Deposits on flight equipment purchases	`DepositsOnFlightEquipment`	$1.56B	USD	Point-in-time
Deposits on flight equipment purchases	`DepositsOnFlightEquipment`	$1.56B	USD	Point-in-time
Other assets	`OtherAssets`	$462.86M	USD	Point-in-time
Other assets	`OtherAssets`	$554.74M	USD	Point-in-time
Total assets	`Assets`	$17.26B	USD	Point-in-time
Total assets	`Assets`	$15.61B	USD	Point-in-time
Accrued interest and other payables	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$329.43M	USD	Point-in-time
Accrued interest and other payables	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$309.18M	USD	Point-in-time
Debt financing, net of discounts and issuance costs	`LongTermDebt`	$9.70B	USD	Point-in-time
Debt financing, net of discounts and issuance costs	`LongTermDebt`	$10.96B	USD	Point-in-time
Security deposits and maintenance reserves on flight equipment leases	`SecurityDepositLiability`	$856.14M	USD	Point-in-time
Security deposits and maintenance reserves on flight equipment leases	`SecurityDepositLiability`	$933.31M	USD	Point-in-time
Rentals received in advance	`AdvanceRent`	$104.82M	USD	Point-in-time
Rentals received in advance	`AdvanceRent`	$112.15M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$517.79M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$580.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.92B	USD	Point-in-time
Total liabilities	`Liabilities`	$11.49B	USD	Point-in-time
Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.26B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.87B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.07B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.34B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.13B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$15.61B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$17.26B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Rental of flight equipment	`OperatingLeasesIncomeStatementLeaseRevenue`	$712.77M	USD	2 Qtrs
Rental of flight equipment	`OperatingLeasesIncomeStatementLeaseRevenue`	$358.11M	USD	1 Quarter
Rental of flight equipment	`OperatingLeasesIncomeStatementLeaseRevenue`	$771.34M	USD	2 Qtrs
Rental of flight equipment	`OperatingLeasesIncomeStatementLeaseRevenue`	$393.48M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$380.96M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$779.02M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$397.81M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$741.14M	USD	2 Qtrs
Interest	`InterestExpenseDebt`	$73.45M	USD	1 Quarter
Interest	`InterestExpenseDebt`	$142.40M	USD	2 Qtrs
Interest	`InterestExpenseDebt`	$130.08M	USD	2 Qtrs
Interest	`InterestExpenseDebt`	$63.01M	USD	1 Quarter
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$15.43M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$16.03M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$6.44M	USD	1 Quarter
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$8.01M	USD	1 Quarter
Interest expense	`InterestExpense`	$145.51M	USD	2 Qtrs
Interest expense	`InterestExpense`	$69.45M	USD	1 Quarter
Interest expense	`InterestExpense`	$81.46M	USD	1 Quarter
Interest expense	`InterestExpense`	$158.43M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$278.73M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$142.60M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$126.49M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$250.40M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$21.46M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.84M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$44.82M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$46.41M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.88M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$9.08M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.32M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.30M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$490.30M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$451.40M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$250.41M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$225.09M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$288.73M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$147.41M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$155.87M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$289.75M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$54.94M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$32.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$62.87M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$103.89M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$185.86M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$115.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.86M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.80	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.11	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.98	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.17	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.04	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	103.18M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	103.88M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	103.06M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	104.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.49M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.33M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.42M	shares	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.20	USD	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Cash paid for interest, capitalized interest	`InterestPaidCapitalized`	$21.93M	USD	2 Qtrs
Net income	`ProfitLoss`	$225.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$185.86M	USD	2 Qtrs
Cash paid for interest, capitalized interest	`InterestPaidCapitalized`	$25.69M	USD	2 Qtrs
Depreciation of flight equipment	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$278.73M	USD	2 Qtrs
Depreciation of flight equipment	`OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease`	$250.40M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.88M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$9.08M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.32M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.30M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$103.89M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$62.87M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$15.43M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$16.03M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$6.44M	USD	1 Quarter
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$8.01M	USD	1 Quarter
Amortization of prepaid lease costs	`AmortizationOfPrepaidLeaseCosts`	$11.47M	USD	2 Qtrs
Amortization of prepaid lease costs	`AmortizationOfPrepaidLeaseCosts`	$14.61M	USD	2 Qtrs
Gain on aircraft sales, trading and other activity	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$25.05M	USD	2 Qtrs
Gain on aircraft sales, trading and other activity	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$2.19M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$47.31M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$90.30M	USD	2 Qtrs
Accrued interest and other payables	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$31.24M	USD	2 Qtrs
Accrued interest and other payables	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$23.74M	USD	2 Qtrs
Rentals received in advance	`IncreaseDecreaseInContractWithCustomerLiability`	$7.33M	USD	2 Qtrs
Rentals received in advance	`IncreaseDecreaseInContractWithCustomerLiability`	$5.94M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$497.96M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$587.99M	USD	2 Qtrs
Acquisition of flight equipment under operating lease	`PaymentsToAcquireEquipmentOnLease`	$1.40B	USD	2 Qtrs
Acquisition of flight equipment under operating lease	`PaymentsToAcquireEquipmentOnLease`	$1.14B	USD	2 Qtrs
Payments for deposits on flight equipment purchases	`PaymentsForFlightEquipment`	$385.63M	USD	2 Qtrs
Payments for deposits on flight equipment purchases	`PaymentsForFlightEquipment`	$360.44M	USD	2 Qtrs
Proceeds from aircraft sales, trading and other activity	`ProceedsFromSaleOfFlightEquipment`	$250.00K	USD	2 Qtrs
Proceeds from aircraft sales, trading and other activity	`ProceedsFromSaleOfFlightEquipment`	$433.28M	USD	2 Qtrs
Acquisition of aircraft furnishings, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$84.87M	USD	2 Qtrs
Acquisition of aircraft furnishings, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$141.12M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.18B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.90B	USD	2 Qtrs
Issuance of common stock upon exercise of options and warrants	`ProceedsFromIssuanceOfCommonStock`	$4.13M	USD	2 Qtrs
Issuance of common stock upon exercise of options and warrants	`ProceedsFromIssuanceOfCommonStock`	$1.66M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$20.76M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$15.45M	USD	2 Qtrs
Tax withholdings on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.14M	USD	2 Qtrs
Tax withholdings on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.60M	USD	2 Qtrs
Net change in unsecured revolving facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$109.00M	USD	2 Qtrs
Net change in unsecured revolving facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$711.00M	USD	2 Qtrs
Proceeds from debt financings	`ProceedsFromIssuanceOfDebt`	$1.10B	USD	2 Qtrs
Proceeds from debt financings	`ProceedsFromIssuanceOfDebt`	$1.74B	USD	2 Qtrs
Payments in reduction of debt financings	`ProceedsFromRepaymentsOfDebt`	$-1.23B	USD	2 Qtrs
Payments in reduction of debt financings	`ProceedsFromRepaymentsOfDebt`	$-594.71M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.30M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.96M	USD	2 Qtrs
Security deposits and maintenance reserve receipts	`ProceedsFromSecurityDepositsAndMaintenanceReserveReceipts`	$110.77M	USD	2 Qtrs
Security deposits and maintenance reserve receipts	`ProceedsFromSecurityDepositsAndMaintenanceReserveReceipts`	$109.01M	USD	2 Qtrs
Security deposits and maintenance reserve disbursements	`PaymentsForSecurityDepositsAndMaintenanceReserveDisbursements`	$44.42M	USD	2 Qtrs
Security deposits and maintenance reserve disbursements	`PaymentsForSecurityDepositsAndMaintenanceReserveDisbursements`	$12.63M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$652.77M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.29B	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-28.85M	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-27.22M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$308.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$290.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$261.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$308.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$290.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$261.95M	USD	Point-in-time
Cash paid during the period for interest, including capitalized interest of $25,692 and $21,931 at June 30, 2018 and 2017, respectively	`InterestPaidNet`	$159.27M	USD	2 Qtrs
Cash paid during the period for interest, including capitalized interest of $25,692 and $21,931 at June 30, 2018 and 2017, respectively	`InterestPaidNet`	$149.08M	USD	2 Qtrs
Buyer furnished equipment, capitalized interest, deposits on flight equipment purchases and seller financing applied to acquisition of flight equipment and other assets applied to payments for deposits on flight equipment purchases	`DepositsOnFlightEquipmentPurchasesAppliedToAcquisitionOfFlightEquipmentUnderOperatingLeases`	$451.05M	USD	2 Qtrs
Buyer furnished equipment, capitalized interest, deposits on flight equipment purchases and seller financing applied to acquisition of flight equipment and other assets applied to payments for deposits on flight equipment purchases	`DepositsOnFlightEquipmentPurchasesAppliedToAcquisitionOfFlightEquipmentUnderOperatingLeases`	$312.84M	USD	2 Qtrs
Cash dividends declared, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$10.40M	USD	Point-in-time
Cash dividends declared, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$7.74M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	2 Qtrs
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	2 Qtrs
Balance	`StockholdersEquity`	$4.34B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.13B	USD	Point-in-time
Issuance of common stock upon vesting of restricted stock units and upon exercise of options	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$4.16M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.32M	USD	2 Qtrs
Cash dividends (declared $0.20 per share)	`DividendsCommonStockCash`	$20.80M	USD	2 Qtrs
Tax withholding related to vesting of restricted stock units and exercise of stock options	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.14M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$185.86M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$115.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.86M	USD	2 Qtrs
Balance	`StockholdersEquity`	$4.34B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.13B	USD	Point-in-time

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