10-Q Filing

O REILLY AUTOMOTIVE INC CIK: 898173 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-009976`
Period End Date	20200630
Filing Date	20200810
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	orly-20200630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 64 Cash Flow Statement 68 Stockholders Equity 44 Comprehensive Income 16

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	245.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	245.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$872.42M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	74.10M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$214.91M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	75.62M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$243.66M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	74.10M	shares	Point-in-time
Amounts receivable from suppliers	`NontradeReceivablesCurrent`	$79.49M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	75.62M	shares	Point-in-time
Amounts receivable from suppliers	`NontradeReceivablesCurrent`	$86.51M	USD	Point-in-time
Inventory	`InventoryNet`	$3.45B	USD	Point-in-time
Inventory	`InventoryNet`	$3.53B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$53.21M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$44.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.83B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.78B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$6.40B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$6.19B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.37B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.24B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$4.04B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$3.95B	USD	Point-in-time
Operating lease, right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.93B	USD	Point-in-time
Operating lease, right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.93B	USD	Point-in-time
Goodwill	`Goodwill`	$873.00M	USD	Point-in-time
Goodwill	`Goodwill`	$936.81M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$70.11M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$106.30M	USD	Point-in-time
Total assets	`Assets`	$10.72B	USD	Point-in-time
Total assets	`Assets`	$11.73B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.94B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.60B	USD	Point-in-time
Self-insurance reserves	`SelfInsuranceReserveCurrent`	$79.08M	USD	Point-in-time
Self-insurance reserves	`SelfInsuranceReserveCurrent`	$90.89M	USD	Point-in-time
Accrued payroll	`AccruedSalariesCurrent`	$100.82M	USD	Point-in-time
Accrued payroll	`AccruedSalariesCurrent`	$107.12M	USD	Point-in-time
Accrued benefits and withholdings	`AccruedBenefitsAndWithholdings`	$140.45M	USD	Point-in-time
Accrued benefits and withholdings	`AccruedBenefitsAndWithholdings`	$98.54M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$91.80M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$316.06M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$318.60M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$270.21M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$336.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.02B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.47B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.89B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.13B	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$1.65B	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$1.66B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$155.53M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$133.28M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$171.29M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$182.09M	USD	Point-in-time
Common stock, $0.01 par value : Authorized shares - 245,000,000 Issued and outstanding shares - 74,097,706 as of June 30, 2020, and 75,618,659 as of December 31, 2019	`CommonStockValue`	$741.00K	USD	Point-in-time
Common stock, $0.01 par value : Authorized shares - 245,000,000 Issued and outstanding shares - 74,097,706 as of June 30, 2020, and 75,618,659 as of December 31, 2019	`CommonStockValue`	$756.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.28B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.29B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-889.07M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-679.51M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.11M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.89M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$589.10M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$397.34M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$144.68M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$353.67M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$108.84M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$372.37M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$11.73B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$10.72B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.00B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.09B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.57B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.59B	USD	1 Quarter
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsAndServicesSold`	$2.63B	USD	2 Qtrs
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsAndServicesSold`	$1.45B	USD	1 Quarter
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsAndServicesSold`	$1.22B	USD	1 Quarter
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsAndServicesSold`	$2.35B	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.65B	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.93B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.37B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.64B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$900.69M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$870.21M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.70B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.77B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$736.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.16B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$498.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$942.86M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$68.83M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$34.54M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$41.72M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$81.11M	USD	2 Qtrs
Interest income	`OtherInterestAndDividendIncome`	$1.31M	USD	2 Qtrs
Interest income	`OtherInterestAndDividendIncome`	$635.00K	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$603.00K	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$1.16M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$3.94M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$5.01M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-182.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$832.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-79.98M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-63.74M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-36.08M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-33.10M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$464.97M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$700.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.08B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$879.12M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$168.74M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$204.29M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$111.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$247.97M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$353.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$674.83M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$531.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$832.11M	USD	2 Qtrs
Earnings per share	`EarningsPerShareBasic`	$7.16	USD	1 Quarter
Earnings per share	`EarningsPerShareBasic`	$4.56	USD	1 Quarter
Earnings per share	`EarningsPerShareBasic`	$11.15	USD	2 Qtrs
Earnings per share	`EarningsPerShareBasic`	$8.65	USD	2 Qtrs
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.05M	shares	2 Qtrs
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	77.61M	shares	1 Quarter
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	74.61M	shares	2 Qtrs
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	74.20M	shares	1 Quarter
Earnings per share	`EarningsPerShareDiluted`	$8.56	USD	2 Qtrs
Earnings per share	`EarningsPerShareDiluted`	$11.06	USD	2 Qtrs
Earnings per share	`EarningsPerShareDiluted`	$4.51	USD	1 Quarter
Earnings per share	`EarningsPerShareDiluted`	$7.10	USD	1 Quarter
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.83M	shares	1 Quarter
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.85M	shares	2 Qtrs
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.41M	shares	1 Quarter
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.25M	shares	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$353.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$674.83M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$531.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$832.11M	USD	2 Qtrs
Depreciation and amortization of property, equipment and intangibles	`DepreciationDepletionAndAmortization`	$151.87M	USD	2 Qtrs
Depreciation and amortization of property, equipment and intangibles	`DepreciationDepletionAndAmortization`	$132.28M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.89M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.15M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitIncludingASUAdoptionAdjustmentImpact`	$14.99M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitIncludingASUAdoptionAdjustmentImpact`	$8.36M	USD	2 Qtrs
Share-based compensation programs	`ShareBasedCompensation`	$11.48M	USD	2 Qtrs
Share-based compensation programs	`ShareBasedCompensation`	$11.02M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-4.28M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.91M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$34.97M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$74.98M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$69.10M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$78.09M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$334.50M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$138.52M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-833.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$210.85M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-20.75M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-112.27M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$847.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.56B	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$295.61M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$244.47M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.14M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.85M	USD	2 Qtrs
Investment in tax credit equity investments	`PaymentsForProceedsFromInvestments`	$1.72M	USD	2 Qtrs
Investment in tax credit equity investments	`PaymentsForProceedsFromInvestments`	$95.29M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-839.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$311.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-293.35M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-335.23M	USD	2 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$1.63B	USD	2 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$1.16B	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$1.42B	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$1.76B	USD	2 Qtrs
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$499.95M	USD	2 Qtrs
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$499.80M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.99M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.84M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$651.03M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$920.72M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromStockPlans`	$25.59M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromStockPlans`	$26.78M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-190.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-253.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-390.73M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-529.16M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.10M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.49M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$832.02M	USD	2 Qtrs
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.81M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.32M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.41M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$872.42M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.81M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.32M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.41M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$872.42M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$20.19M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$194.50M	USD	2 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$73.09M	USD	2 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$64.20M	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$589.10M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$397.34M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$144.68M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$353.67M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$108.84M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$372.37M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	74.10M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	75.62M	shares	Point-in-time
Net income	`NetIncomeLoss`	$353.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$674.83M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$531.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$832.11M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.65M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$8.05M	USD	2 Qtrs
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.82M	USD	1 Quarter
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.28M	USD	1 Quarter
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$8.92M	USD	2 Qtrs
Net issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$17.98M	USD	2 Qtrs
Net issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.85M	USD	1 Quarter
Net issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$19.93M	USD	2 Qtrs
Net issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.97M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.25M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.24M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.78M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.33M	USD	2 Qtrs
Share repurchases, including fees	`StockRepurchasedAndRetiredDuringPeriodValue`	$651.03M	USD	2 Qtrs
Share repurchases, including fees	`StockRepurchasedAndRetiredDuringPeriodValue`	$920.72M	USD	2 Qtrs
Share repurchases, including fees	`StockRepurchasedAndRetiredDuringPeriodValue`	$598.86M	USD	1 Quarter
Share repurchases, including fees	`StockRepurchasedAndRetiredDuringPeriodValue`	$76.97M	USD	1 Quarter
Share repurchases, including fees, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	1.63M	shares	1 Quarter
Share repurchases, including fees, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	1.67M	shares	2 Qtrs
Share repurchases, including fees, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	2.56M	shares	2 Qtrs
Share repurchases, including fees, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	185,000.00	shares	1 Quarter
Balance at end of period	`StockholdersEquity`	$589.10M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$397.34M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$144.68M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$353.67M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$108.84M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$372.37M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	74.10M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	75.62M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$353.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$674.83M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$531.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$832.11M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-27.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.65M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.65M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$353.68M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$805.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$535.31M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$674.83M	USD	2 Qtrs

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