10-Q Filing

Cboe Global Markets, Inc. CIK: 1374310 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-008202`
Period End Date	20230331
Filing Date	20230505
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	cboe-20230331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 107 Income Statement 48 Cash Flow Statement 88 Stockholders Equity 25 Comprehensive Income 12

Balance Sheet 107 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for credit losses	`ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss`	$2.20M	USD	Point-in-time
Accounts Receivable, Allowance for credit losses	`ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss`	$2.30M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$659.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$435.60M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$432.70M	USD	Point-in-time
Financial investments	`MarketableSecuritiesCurrent`	$80.20M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Financial investments	`MarketableSecuritiesCurrent`	$91.70M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of $2.3 allowance for credit losses at March 31, 2023 and $2.2 at December 31, 2022	`AccountsReceivableNetCurrent`	$369.80M	USD	Point-in-time
Accounts receivable, net of $2.3 allowance for credit losses at March 31, 2023 and $2.2 at December 31, 2022	`AccountsReceivableNetCurrent`	$393.40M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Margin deposits and clearing funds	`MarginDepositsAndClearingFundsAssets`	$1.45B	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`	$543.00M	USD	Point-in-time
Digital assets - safeguarded assets	`SafeguardingAssetPlatformOperatorCryptoAsset`	$22.40M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	325.00M	shares	Point-in-time
Digital assets - safeguarded assets	`SafeguardingAssetPlatformOperatorCryptoAsset`	$22.90M	USD	Point-in-time
Digital assets - safeguarded assets	`SafeguardingAssetPlatformOperatorCryptoAsset`	$42.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	325.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$48.30M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	107.96M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	107.67M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$4.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$47.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$49.60M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	105.95M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	105.57M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.46B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.56B	USD	Point-in-time
Common stock held in treasury (in shares)	`TreasuryStockCommonShares`	1.72M	shares	Point-in-time
Common stock held in treasury (in shares)	`TreasuryStockCommonShares`	2.38M	shares	Point-in-time
Investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$253.20M	USD	Point-in-time
Investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$269.70M	USD	Point-in-time
Land	`Land`	$2.30M	USD	Point-in-time
Land	`Land`	$2.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingLandNet`	$112.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingLandNet`	$108.20M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$110.10M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$111.70M	USD	Point-in-time
Goodwill	`Goodwill`	$3.12B	USD	Point-in-time
Goodwill	`Goodwill`	$3.13B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.66B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.64B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$186.30M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$181.90M	USD	Point-in-time
Total assets	`Assets`	$7.00B	USD	Point-in-time
Total assets	`Assets`	$7.90B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$368.20M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$420.20M	USD	Point-in-time
Section 31 fees payable	`RegulatoryFeesPayableCurrent`	$75.40M	USD	Point-in-time
Section 31 fees payable	`RegulatoryFeesPayableCurrent`	$147.10M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$21.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$11.70M	USD	Point-in-time
Margin deposits and clearing funds	`MarginDepositsAndClearingFundsLiabilities`	$543.00M	USD	Point-in-time
Margin deposits and clearing funds	`MarginDepositsAndClearingFundsLiabilities`	$1.45B	USD	Point-in-time
Digital assets - safeguarded liabilities	`SafeguardingLiabilityPlatformOperatorCryptoAsset`	$22.40M	USD	Point-in-time
Digital assets - safeguarded liabilities	`SafeguardingLiabilityPlatformOperatorCryptoAsset`	$22.90M	USD	Point-in-time
Digital assets - safeguarded liabilities	`SafeguardingLiabilityPlatformOperatorCryptoAsset`	$42.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$19.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$304.70M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$304.80M	USD	Point-in-time
Current portion of contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$19.20M	USD	Point-in-time
Current portion of contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$24.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.48B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.30B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.44B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.44B	USD	Point-in-time
Non-current unrecognized tax benefits	`AccruedIncomeTaxesNoncurrent`	$210.50M	USD	Point-in-time
Non-current unrecognized tax benefits	`AccruedIncomeTaxesNoncurrent`	$196.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$222.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$211.40M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$126.90M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$129.30M	USD	Point-in-time
Non-current portion of contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$15.00M	USD	Point-in-time
Non-current portion of contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$15.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$59.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$55.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.53B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.36B	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, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value: 20,000,000 shares authorized, no shares issued and outstanding at March 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value: 325,000,000 shares authorized, 107,959,078 and 105,574,173 shares issued and outstanding, respectively at March 31, 2023 and 107,670,248 and 105,951,199 shares issued and outstanding, respectively at December 31, 2022	`CommonStockValue`	$1.10M	USD	Point-in-time
Common stock, $0.01 par value: 325,000,000 shares authorized, 107,959,078 and 105,574,173 shares issued and outstanding, respectively at March 31, 2023 and 107,670,248 and 105,951,199 shares issued and outstanding, respectively at December 31, 2022	`CommonStockValue`	$1.10M	USD	Point-in-time
Common stock in treasury, at cost, 2,384,905 shares at March 31, 2023 and 1,719,049 shares at December 31, 2022	`TreasuryStockCommonValue`	$131.00M	USD	Point-in-time
Common stock in treasury, at cost, 2,384,905 shares at March 31, 2023 and 1,719,049 shares at December 31, 2022	`TreasuryStockCommonValue`	$213.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.46B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.47B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.29B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.17B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.54B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.60B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.47B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.57B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.00B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.90B	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`	$988.20M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$516.80M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$556.40M	USD	1 Quarter
Revenues less cost of revenues	`GrossProfit`	$418.10M	USD	1 Quarter
Revenues less cost of revenues	`GrossProfit`	$471.40M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$81.20M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$110.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.40M	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`	$22.20M	USD	1 Quarter
Professional fees and outside services	`ProfessionalFees`	$19.70M	USD	1 Quarter
Professional fees and outside services	`ProfessionalFees`	$23.90M	USD	1 Quarter
Travel and promotional expenses	`MarketingAdvertisingAndTravelExpense`	$6.20M	USD	1 Quarter
Travel and promotional expenses	`MarketingAdvertisingAndTravelExpense`	$2.90M	USD	1 Quarter
Facilities costs	`OccupancyNet`	$6.50M	USD	1 Quarter
Facilities costs	`OccupancyNet`	$7.60M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$6.40M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$2.00M	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$5.40M	USD	1 Quarter
Other expenses	`OtherCostAndExpenseOperating`	$6.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$178.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$223.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$239.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$247.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-10.80M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-15.10M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-4.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$15.40M	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$224.90M	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$248.20M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$115.30M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$74.80M	USD	1 Quarter
Net income	`ProfitLoss`	$173.40M	USD	1 Quarter
Net income	`ProfitLoss`	$109.60M	USD	1 Quarter
Net income allocated to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$800.00K	USD	1 Quarter
Net income allocated to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$400.00K	USD	1 Quarter
Net income allocated to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$109.20M	USD	1 Quarter
Net income allocated to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$172.60M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.63	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.02	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.63	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`	105.90M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.60M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.20M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.80M	shares	1 Quarter

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$173.40M	USD	1 Quarter
Net income	`ProfitLoss`	$109.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.90M	USD	1 Quarter
Amortization of debt issuance cost and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$500.00K	USD	1 Quarter
Amortization of debt issuance cost and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$700.00K	USD	1 Quarter
Realized gain on available-for-sale financial investments	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$900.00K	USD	1 Quarter
Provision for accounts receivable credit losses	`ProvisionForOtherCreditLosses`	$200.00K	USD	1 Quarter
Provision for accounts receivable credit losses	`ProvisionForOtherCreditLosses`	$600.00K	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$659.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$435.60M	USD	Point-in-time
Benefit for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-17.80M	USD	1 Quarter
Benefit for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-10.60M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$432.70M	USD	Point-in-time
Stock-based compensation expense	`ShareBasedCompensation`	$16.90M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$9.10M	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-100.00K	USD	1 Quarter
Equity (earnings) loss in investments	`IncomeLossFromEquityMethodInvestments`	$14.40M	USD	1 Quarter
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.47B	USD	Point-in-time
Equity (earnings) loss in investments	`IncomeLossFromEquityMethodInvestments`	$-3.10M	USD	1 Quarter
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$979.90M	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.89B	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$56.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.20M	USD	1 Quarter
Restricted cash and cash equivalents and customer bank deposits (included in margin deposits and clearing funds)	`IncreaseDecreaseInRestrictedCashClearingFund`	$-898.20M	USD	1 Quarter
Restricted cash and cash equivalents and customer bank deposits (included in margin deposits and clearing funds)	`IncreaseDecreaseInRestrictedCashClearingFund`	$-1.06B	USD	1 Quarter
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-43.80M	USD	1 Quarter
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-42.70M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.20M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-300.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherAssets`	$8.40M	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`	$-56.00M	USD	1 Quarter
Section 31 fees payable	`IncreaseDecreaseInRegulatoryFeesPayable`	$-71.70M	USD	1 Quarter
Section 31 fees payable	`IncreaseDecreaseInRegulatoryFeesPayable`	$-4.60M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$9.90M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$11.20M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$24.50M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$15.70M	USD	1 Quarter
Unrecognized tax benefits	`IncreaseDecreaseLiabilityForUncertaintyInIncomeTaxes`	$14.30M	USD	1 Quarter
Unrecognized tax benefits	`IncreaseDecreaseLiabilityForUncertaintyInIncomeTaxes`	$56.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$300.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-11.30M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.03B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.26B	USD	1 Quarter
Purchases of available-for-sale financial investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$48.80M	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`	$64.40M	USD	1 Quarter
Proceeds from sale of intangible assets	`ProceedsFromSaleOfIntangibleAssets`	$800.00K	USD	1 Quarter
Contributions to investments	`PaymentsToPurchaseInvestments`	$2.10M	USD	1 Quarter
Contributions to investments	`PaymentsToPurchaseInvestments`	$1.90M	USD	1 Quarter
Purchases of property and equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.40M	USD	1 Quarter
Purchases of property and equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.80M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.90M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.90M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$298.60M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.80M	USD	1 Quarter
Cash dividends on common stock	`PaymentsOfDividends`	$51.40M	USD	1 Quarter
Cash dividends on common stock	`PaymentsOfDividends`	$53.30M	USD	1 Quarter
Repurchases of common stock from employee stock plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.40M	USD	1 Quarter
Repurchases of common stock from employee stock plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.70M	USD	1 Quarter
Payments of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$17.40M	USD	1 Quarter
Payments of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$4.90M	USD	1 Quarter
Shares issued under employee stock purchase plan	`PaymentForIssuanceOfStockUnderEmployeeStockPurchasePlan`	$100.00K	USD	1 Quarter
Shares issued under employee stock purchase plan	`PaymentForIssuanceOfStockUnderEmployeeStockPurchasePlan`	$300.00K	USD	1 Quarter
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$70.00M	USD	1 Quarter
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$70.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-141.20M	USD	1 Quarter
Net cash (used in) provided by 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`	$21.10M	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`	$912.60M	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`	$2.47B	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents: Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$979.90M	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`	$1.89B	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`	$979.90M	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`	$1.89B	USD	Point-in-time
Cash paid for income taxes, net of refunds	`IncomeTaxesPaid`	$9.30M	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaid`	$10.30M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$21.40M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$8.80M	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.48	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$3.54B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.47B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.57B	USD	Point-in-time
Cash dividends on common stock	`DividendsCommonStockCash`	$51.40M	USD	1 Quarter
Cash dividends on common stock	`DividendsCommonStockCash`	$53.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.90M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.10M	USD	1 Quarter
Repurchases of common stock from employee stock plans	`TreasuryStockValueAcquiredFromEmployeeStockPlansCostMethod`	$12.70M	USD	1 Quarter
Repurchases of common stock from employee stock plans	`TreasuryStockValueAcquiredFromEmployeeStockPlansCostMethod`	$8.40M	USD	1 Quarter
Purchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.40B	USD	49 Qtrs
Purchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$70.00M	USD	1 Quarter
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`	$300.00K	USD	1 Quarter
Net income	`ProfitLoss`	$173.40M	USD	1 Quarter
Net income	`ProfitLoss`	$109.60M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$18.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.50M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$3.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.47B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.57B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$173.40M	USD	1 Quarter
Net income	`ProfitLoss`	$109.60M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-26.50M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$19.80M	USD	1 Quarter
Unrealized holding losses on financial investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$-900.00K	USD	1 Quarter
Post-retirement benefit obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$100.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$83.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$192.20M	USD	1 Quarter
Comprehensive income allocated to participating securities	`ComprehensiveUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$800.00K	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`	$191.40M	USD	1 Quarter

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