10-Q Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001564590-16-026433`
Period End Date	20160930
Filing Date	20161028
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	mktx-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 84 Cash Flow Statement 62 Stockholders Equity 19 Comprehensive Income 24

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$109.00K	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$194.00K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.86M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.86M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$161.44M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$199.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.38M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments, at fair value	`MarketableSecuritiesCurrent`	$170.66M	USD	Point-in-time
Investments, at fair value	`MarketableSecuritiesCurrent`	$84.71M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $194 and $109 as of September 30, 2016 and December 31, 2015, respectively	`AccountsReceivableNet`	$40.46M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance of $194 and $109 as of September 30, 2016 and December 31, 2015, respectively	`AccountsReceivableNet`	$56.58M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$64.14M	USD	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$63.54M	USD	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$30.90M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	39.82M	shares	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$30.77M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.09M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.41M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$9.88M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$11.76M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.59M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.41M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$9.23M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$7.40M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.50M	shares	Point-in-time
Total assets	`Assets`	$439.04M	USD	Point-in-time
Total assets	`Assets`	$502.15M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$29.30M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$28.55M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$4.46M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$3.63M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$2.31M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$3.01M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$15.27M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$12.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$50.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$48.33M	USD	Point-in-time
Commitments and Contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$337.26M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$321.21M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,499,785 and 2,412,245 shares as of September 30, 2016 and December 31, 2015, respectively	`TreasuryStockValue`	$93.41M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,499,785 and 2,412,245 shares as of September 30, 2016 and December 31, 2015, respectively	`TreasuryStockValue`	$107.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$168.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$231.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.14M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.23M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$451.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$390.71M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$502.15M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$439.04M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Commissions	`FeesAndCommissions`	$198.61M	USD	3 Qtrs
Commissions	`FeesAndCommissions`	$246.79M	USD	3 Qtrs
Commissions	`FeesAndCommissions`	$81.46M	USD	1 Quarter
Commissions	`FeesAndCommissions`	$65.18M	USD	1 Quarter
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$22.98M	USD	3 Qtrs
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$7.67M	USD	1 Quarter
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$7.32M	USD	1 Quarter
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$23.69M	USD	3 Qtrs
Investment income	`NetInvestmentIncome`	$248.00K	USD	1 Quarter
Investment income	`NetInvestmentIncome`	$534.00K	USD	1 Quarter
Investment income	`NetInvestmentIncome`	$621.00K	USD	3 Qtrs
Investment income	`NetInvestmentIncome`	$1.47M	USD	3 Qtrs
Other	`OtherIncome`	$3.54M	USD	3 Qtrs
Other	`OtherIncome`	$4.24M	USD	3 Qtrs
Other	`OtherIncome`	$959.00K	USD	1 Quarter
Other	`OtherIncome`	$1.09M	USD	1 Quarter
Total revenues	`Revenues`	$90.27M	USD	1 Quarter
Total revenues	`Revenues`	$74.19M	USD	1 Quarter
Total revenues	`Revenues`	$226.45M	USD	3 Qtrs
Total revenues	`Revenues`	$275.48M	USD	3 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$23.91M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$21.00M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$62.77M	USD	3 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$74.26M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.33M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.86M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.55M	USD	3 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$4.25M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$12.20M	USD	3 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$3.89M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$12.83M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$4.34M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$9.50M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$12.45M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$3.21M	USD	1 Quarter
Occupancy	`OccupancyNet`	$1.25M	USD	1 Quarter
Occupancy	`OccupancyNet`	$1.22M	USD	1 Quarter
Occupancy	`OccupancyNet`	$3.47M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$3.61M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$4.26M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$5.74M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$1.30M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.14M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.48M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.73M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.54M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.78M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$134.21M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$115.54M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$43.92M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$38.84M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$46.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$141.28M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$110.91M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$35.35M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.44M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.64M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$39.37M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$48.27M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$71.55M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$93.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.92M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.52	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.95	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.90	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.46	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.60	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.26	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.78	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.85M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.68M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.89M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.70M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.79M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.74M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.64M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.64M	shares	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$71.55M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$93.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$13.86M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$13.55M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$10.64M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.28M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.39M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.25M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.64M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-878.00K	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.44M	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.60M	USD	3 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$347.00K	USD	3 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.15M	USD	3 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.47M	USD	3 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-750.00K	USD	3 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-843.00K	USD	3 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-1.31M	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-250.00K	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$694.00K	USD	3 Qtrs
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.24M	USD	3 Qtrs
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.65M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.97M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$76.34M	USD	3 Qtrs
Proceeds from maturities and sales	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$25.05M	USD	3 Qtrs
Proceeds from maturities and sales	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$32.02M	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecurities`	$57.17M	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecurities`	$42.49M	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.75M	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.73M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$9.06M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$7.52M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$141.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-383.00K	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.52M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.90M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$28.91M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$22.20M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.53M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.17M	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.45M	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.93M	USD	3 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.20M	USD	3 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$9.17M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$20.02M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$13.87M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-37.38M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-40.94M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-427.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-980.00K	USD	3 Qtrs
Net (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-38.28M	USD	3 Qtrs
Net (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.55M	USD	3 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$168.92M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$161.44M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$199.73M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$160.38M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$168.92M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$161.44M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$199.73M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$160.38M	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$451.70M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$390.71M	USD	Point-in-time
Net income	`NetIncomeLoss`	$71.55M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$93.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.92M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-105.00K	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.09M	USD	3 Qtrs
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-420.00K	USD	3 Qtrs
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.05M	USD	1 Quarter
Unrealized gain on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$177.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.64M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.17M	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.93M	USD	3 Qtrs
Excess tax benefits from stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$9.17M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$13.87M	USD	3 Qtrs
Cash dividend on common stock	`DividendsCommonStockCash`	$29.27M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$451.70M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$390.71M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Foreign currency exchange hedge, tax benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-229.00K	USD	3 Qtrs
Foreign currency exchange hedge, tax benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-69.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.55M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$93.01M	USD	3 Qtrs
Foreign currency exchange hedge, tax benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$346.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.92M	USD	1 Quarter
Foreign currency exchange hedge, tax benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$4.45M	USD	3 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-7.00K	USD	3 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $346, $(69), $4,448 and $(229), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-105.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $346, $(69), $4,448 and $(229), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.09M	USD	3 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$109.00K	USD	3 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $346, $(69), $4,448 and $(229), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-420.00K	USD	3 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-4.00K	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-27.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $346, $(69), $4,448 and $(229), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.05M	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $(27), $(4), $109 and $(7), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-6.00K	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $(27), $(4), $109 and $(7), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-12.00K	USD	3 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $(27), $(4), $109 and $(7), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$177.00K	USD	3 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $(27), $(4), $109 and $(7), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-44.00K	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$71.11M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$22.60M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$88.09M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$29.82M	USD	1 Quarter

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