10-Q Filing

Cboe Global Markets, Inc. CIK: 1374310 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-006377`
Period End Date	20220331
Filing Date	20220429
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	cboe-20220331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 48 Cash Flow Statement 87 Stockholders Equity 25 Comprehensive Income 10

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for credit losses	`ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss`	$1.00M	USD	Point-in-time
Accounts Receivable, Allowance for credit losses	`ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss`	$900.00K	USD	Point-in-time
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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$659.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$341.90M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$263.30M	USD	Point-in-time
Financial investments	`MarketableSecuritiesCurrent`	$48.70M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Financial investments	`MarketableSecuritiesCurrent`	$37.10M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of $0.9 allowance for credit losses at March 31, 2022 and $1.0 at December 31, 2021	`AccountsReceivableNetCurrent`	$380.30M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of $0.9 allowance for credit losses at March 31, 2022 and $1.0 at December 31, 2021	`AccountsReceivableNetCurrent`	$326.90M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Margin deposits and clearing funds	`MarginDepositsAndClearingFundsAssets`	$745.90M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Margin deposits and clearing funds	`MarginDepositsAndClearingFundsAssets`	$1.81B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	325.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	325.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$42.70M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$36.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$36.50M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	108.37M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	108.16M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.53B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	106.65M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.94B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	106.19M	shares	Point-in-time
Investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$244.50M	USD	Point-in-time
Common stock held in Treasury (in shares)	`TreasuryStockShares`	1.51M	shares	Point-in-time
Investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$245.80M	USD	Point-in-time
Common stock held in Treasury (in shares)	`TreasuryStockShares`	2.18M	shares	Point-in-time
Land	`Land`	$2.30M	USD	Point-in-time
Land	`Land`	$2.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingLandNet`	$106.70M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingLandNet`	$105.20M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$110.10M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$122.50M	USD	Point-in-time
Goodwill	`Goodwill`	$3.03B	USD	Point-in-time
Goodwill	`Goodwill`	$3.02B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.67B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.63B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$140.20M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$125.80M	USD	Point-in-time
Total assets	`Assets`	$8.20B	USD	Point-in-time
Total assets	`Assets`	$6.81B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$295.40M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$387.10M	USD	Point-in-time
Section 31 fees payable	`RegulatoryFeesPayableCurrent`	$40.80M	USD	Point-in-time
Section 31 fees payable	`RegulatoryFeesPayableCurrent`	$36.20M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$26.40M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.20M	USD	Point-in-time
Margin deposits and clearing funds	`MarginDepositsAndClearingFundsLiabilities`	$1.81B	USD	Point-in-time
Margin deposits and clearing funds	`MarginDepositsAndClearingFundsLiabilities`	$745.90M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$32.50M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$8.20M	USD	Point-in-time
Current portion of contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$63.80M	USD	Point-in-time
Current portion of contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$48.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.17B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.34B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.30B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.59B	USD	Point-in-time
Unrecognized tax benefits	`AccruedIncomeTaxesNoncurrent`	$197.90M	USD	Point-in-time
Unrecognized tax benefits	`AccruedIncomeTaxesNoncurrent`	$163.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$352.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$372.70M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$129.20M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$141.30M	USD	Point-in-time
Contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$6.70M	USD	Point-in-time
Contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$4.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$34.60M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$34.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.63B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.21B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value: 20,000,000 shares authorized, no shares issued and outstanding at March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value: 20,000,000 shares authorized, no shares issued and outstanding at March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value: 325,000,000 shares authorized, 108,369,053 and 106,188,570 shares issued and outstanding, respectively at March 31, 2022 and 108,159,319 and 106,646,498 shares issued and outstanding, respectively at December 31, 2021	`CommonStockValue`	$1.10M	USD	Point-in-time
Common stock, $0.01 par value: 325,000,000 shares authorized, 108,369,053 and 106,188,570 shares issued and outstanding, respectively at March 31, 2022 and 108,159,319 and 106,646,498 shares issued and outstanding, respectively at December 31, 2021	`CommonStockValue`	$1.10M	USD	Point-in-time
Common stock in treasury, at cost, 2,180,483 shares at March 31, 2022 and 1,512,821 shares at December 31, 2021	`TreasuryStockCommonValue`	$185.20M	USD	Point-in-time
Common stock in treasury, at cost, 2,180,483 shares at March 31, 2022 and 1,512,821 shares at December 31, 2021	`TreasuryStockCommonValue`	$106.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.51B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.52B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.20B	USD	Point-in-time
Accumulated other comprehensive income, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$55.60M	USD	Point-in-time
Accumulated other comprehensive income, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$29.10M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.57B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.35B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.60B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.40B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.20B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.81B	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$974.50M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.01B	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$645.30M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$556.40M	USD	1 Quarter
Revenues less cost of revenues	`GrossProfit`	$365.50M	USD	1 Quarter
Revenues less cost of revenues	`GrossProfit`	$418.10M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$72.30M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$81.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.90M	USD	1 Quarter
Technology support services	`CommunicationsAndInformationTechnology`	$19.20M	USD	1 Quarter
Technology support services	`CommunicationsAndInformationTechnology`	$17.20M	USD	1 Quarter
Professional fees and outside services	`ProfessionalFees`	$19.70M	USD	1 Quarter
Professional fees and outside services	`ProfessionalFees`	$15.60M	USD	1 Quarter
Travel and promotional expenses	`MarketingAdvertisingAndTravelExpense`	$1.60M	USD	1 Quarter
Travel and promotional expenses	`MarketingAdvertisingAndTravelExpense`	$2.90M	USD	1 Quarter
Facilities costs	`OccupancyNet`	$5.30M	USD	1 Quarter
Facilities costs	`OccupancyNet`	$6.50M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$3.40M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$2.00M	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$3.50M	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$6.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$160.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$178.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$204.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$239.70M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-12.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-10.80M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$600.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-4.00M	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$224.90M	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$192.90M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$55.70M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$115.30M	USD	1 Quarter
Net income	`ProfitLoss`	$137.20M	USD	1 Quarter
Net income	`ProfitLoss`	$109.60M	USD	1 Quarter
Net income allocated to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$400.00K	USD	1 Quarter
Net income allocated to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$400.00K	USD	1 Quarter
Net income allocated to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$136.80M	USD	1 Quarter
Net income allocated to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$109.20M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.02	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.27	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.27	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.02	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	107.30M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.60M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	107.40M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.80M	shares	1 Quarter

Cash Flow Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$137.20M	USD	1 Quarter
Net income	`ProfitLoss`	$109.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.90M	USD	1 Quarter
Amortization of debt issuance cost and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$700.00K	USD	1 Quarter
Amortization of debt issuance cost and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$500.00K	USD	1 Quarter
Provision for accounts receivable credit losses	`ProvisionForOtherCreditLosses`	$200.00K	USD	1 Quarter
Provision for accounts receivable credit losses	`ProvisionForOtherCreditLosses`	$200.00K	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-17.80M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.80M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$659.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$341.90M	USD	Point-in-time
Stock-based compensation expense	`ShareBasedCompensation`	$11.70M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$9.10M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$263.30M	USD	Point-in-time
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-100.00K	USD	1 Quarter
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.52B	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.47B	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Impairment charge of investment	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$600.00K	USD	1 Quarter
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.06B	USD	Point-in-time
Equity loss in investments	`IncomeLossFromEquityMethodInvestments`	$-400.00K	USD	1 Quarter
Equity loss in investments	`IncomeLossFromEquityMethodInvestments`	$-3.10M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$37.60M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$56.20M	USD	1 Quarter
Restricted cash and cash equivalents (margin deposits and clearing funds)	`IncreaseDecreaseInRestrictedCashClearingFund`	$-1.06B	USD	1 Quarter
Restricted cash and cash equivalents (margin deposits and clearing funds)	`IncreaseDecreaseInRestrictedCashClearingFund`	$-447.90M	USD	1 Quarter
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-53.10M	USD	1 Quarter
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-42.70M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$12.80M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-300.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherAssets`	$6.10M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherAssets`	$15.70M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.80M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.50M	USD	1 Quarter
Section 31 fees payable	`IncreaseDecreaseInRegulatoryFeesPayable`	$-4.60M	USD	1 Quarter
Section 31 fees payable	`IncreaseDecreaseInRegulatoryFeesPayable`	$-60.60M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$11.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$11.20M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$24.50M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.10M	USD	1 Quarter
Unrecognized tax benefits	`IncreaseDecreaseLiabilityForUncertaintyInIncomeTaxes`	$9.50M	USD	1 Quarter
Unrecognized tax benefits	`IncreaseDecreaseLiabilityForUncertaintyInIncomeTaxes`	$56.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$7.10M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-11.30M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.26B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$599.10M	USD	1 Quarter
Purchases of available-for-sale financial investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$71.00M	USD	1 Quarter
Purchases of available-for-sale financial investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$20.80M	USD	1 Quarter
Proceeds from maturities of available-for-sale financial investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$8.60M	USD	1 Quarter
Proceeds from maturities of available-for-sale financial investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$67.60M	USD	1 Quarter
Contributions to investments	`PaymentsToPurchaseInvestments`	$1.90M	USD	1 Quarter
Purchases of property and equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.80M	USD	1 Quarter
Purchases of property and equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.90M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.30M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.90M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$298.60M	USD	1 Quarter
Principal payments of current portion of long-term debt	`RepaymentsOfLongTermDebt`	$20.00M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.80M	USD	1 Quarter
Cash dividends on common stock	`PaymentsOfDividends`	$45.30M	USD	1 Quarter
Cash dividends on common stock	`PaymentsOfDividends`	$51.40M	USD	1 Quarter
Repurchases of common stock from employee stock plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.70M	USD	1 Quarter
Repurchases of common stock from employee stock plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.40M	USD	1 Quarter
Payment of contingent consideration from acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$800.00K	USD	1 Quarter
Payment of contingent consideration from acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$17.40M	USD	1 Quarter
Shares issued under employee stock purchase plan	`PaymentForIssuanceOfStockUnderEmployeeStockPurchasePlan`	$100.00K	USD	1 Quarter
Shares issued under employee stock purchase plan	`PaymentForIssuanceOfStockUnderEmployeeStockPurchasePlan`	$100.00K	USD	1 Quarter
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$47.60M	USD	1 Quarter
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$70.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-119.50M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$146.50M	USD	1 Quarter
Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-500.00K	USD	1 Quarter
Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$700.00K	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$465.80M	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.38B	USD	1 Quarter
Cash, cash equivalents, and restricted cash and cash equivalents: Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.52B	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents: Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.47B	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents: Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents: Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.06B	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents: End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.52B	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents: End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.47B	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents: End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents: End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.06B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$10.30M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$2.80M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$8.80M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$13.80M	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.48	USD	1 Quarter
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.42	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$3.57B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.35B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.40B	USD	Point-in-time
Cash dividends on common stock	`DividendsCommonStockCash`	$51.40M	USD	1 Quarter
Cash dividends on common stock	`DividendsCommonStockCash`	$45.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.10M	USD	1 Quarter
Repurchases of common stock from employee stock plans	`TreasuryStockValueAcquiredFromEmployeeStockPlansCostMethod`	$8.40M	USD	1 Quarter
Repurchases of common stock from employee stock plans	`TreasuryStockValueAcquiredFromEmployeeStockPlansCostMethod`	$5.70M	USD	1 Quarter
Purchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$47.60M	USD	1 Quarter
Purchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.30B	USD	45 Qtrs
Purchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$70.00M	USD	1 Quarter
Shares issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$100.00K	USD	1 Quarter
Shares issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$100.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$137.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.80M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$3.57B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.35B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.40B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$137.20M	USD	1 Quarter
Net income	`ProfitLoss`	$109.60M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$4.80M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-26.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$142.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$83.10M	USD	1 Quarter
Comprehensive income allocated to participating securities	`ComprehensiveUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$400.00K	USD	1 Quarter
Comprehensive income allocated to participating securities	`ComprehensiveUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$400.00K	USD	1 Quarter
Comprehensive income allocated to common stockholders, net of income tax	`ComprehensiveIncomeLossAvailableToCommonStockholdersAfterTax`	$82.70M	USD	1 Quarter
Comprehensive income allocated to common stockholders, net of income tax	`ComprehensiveIncomeLossAvailableToCommonStockholdersAfterTax`	$141.60M	USD	1 Quarter

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