10-Q Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001564590-17-014282`
Period End Date	20170630
Filing Date	20170727
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	mktx-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 88 Cash Flow Statement 60 Stockholders Equity 19 Comprehensive Income 24

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$82.00K	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$84.00K	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`	$153.28M	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`	$128.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.24M	USD	Point-in-time
Investments, at fair value	`MarketableSecurities`	$194.40M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments, at fair value	`MarketableSecurities`	$237.36M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance of $84 and $82 as of June 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNet`	$55.22M	USD	Point-in-time
Accounts receivable, net of allowance of $84 and $82 as of June 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNet`	$50.67M	USD	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$63.44M	USD	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$63.25M	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
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$31.10M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.24M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.11M	shares	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$34.64M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$21.06M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.55M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.54M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$11.62M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.69M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.56M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$7.37M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$8.56M	USD	Point-in-time
Total assets	`Assets`	$547.04M	USD	Point-in-time
Total assets	`Assets`	$528.04M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$34.78M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$23.08M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$4.69M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$7.58M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$3.08M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$2.52M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$14.97M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$15.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$60.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$45.81M	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`	$343.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$342.31M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,687,979 and 2,562,585 shares as of June 30, 2017 and December 31, 2016, respectively	`TreasuryStockValue`	$117.33M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,687,979 and 2,562,585 shares as of June 30, 2017 and December 31, 2016, respectively	`TreasuryStockValue`	$141.48M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$255.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$310.78M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.28M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$468.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$501.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$528.04M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$547.04M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Commissions	`FeesAndCommissions`	$165.33M	USD	2 Qtrs
Commissions	`FeesAndCommissions`	$181.04M	USD	2 Qtrs
Commissions	`FeesAndCommissions`	$86.24M	USD	1 Quarter
Commissions	`FeesAndCommissions`	$87.02M	USD	1 Quarter
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$8.27M	USD	1 Quarter
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$8.59M	USD	1 Quarter
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$16.36M	USD	2 Qtrs
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$16.09M	USD	2 Qtrs
Investment income	`NetInvestmentIncome`	$517.00K	USD	1 Quarter
Investment income	`NetInvestmentIncome`	$935.00K	USD	2 Qtrs
Investment income	`NetInvestmentIncome`	$840.00K	USD	1 Quarter
Investment income	`NetInvestmentIncome`	$1.59M	USD	2 Qtrs
Other	`OtherIncome`	$2.58M	USD	2 Qtrs
Other	`OtherIncome`	$2.49M	USD	2 Qtrs
Other	`OtherIncome`	$1.30M	USD	1 Quarter
Other	`OtherIncome`	$1.19M	USD	1 Quarter
Total revenues	`Revenues`	$97.31M	USD	1 Quarter
Total revenues	`Revenues`	$201.21M	USD	2 Qtrs
Total revenues	`Revenues`	$185.21M	USD	2 Qtrs
Total revenues	`Revenues`	$96.64M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$25.82M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$25.42M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$50.34M	USD	2 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$52.82M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$9.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.54M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.48M	USD	2 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$8.58M	USD	2 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$4.28M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$4.82M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$9.41M	USD	2 Qtrs
Professional and consulting fees	`ProfessionalFees`	$4.09M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$8.11M	USD	2 Qtrs
Professional and consulting fees	`ProfessionalFees`	$4.25M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$8.37M	USD	2 Qtrs
Occupancy	`OccupancyNet`	$1.42M	USD	1 Quarter
Occupancy	`OccupancyNet`	$2.83M	USD	2 Qtrs
Occupancy	`OccupancyNet`	$1.23M	USD	1 Quarter
Occupancy	`OccupancyNet`	$2.39M	USD	2 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$4.67M	USD	2 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.78M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$1.82M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$3.60M	USD	2 Qtrs
Clearing costs	`TransactionCosts`	$1.95M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$3.72M	USD	2 Qtrs
Clearing costs	`TransactionCosts`	$1.52M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$2.84M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.21M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.90M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.61M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.33M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$96.03M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$90.29M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$46.09M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$47.74M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$94.92M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.57M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.55M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.18M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.43M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$32.83M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$24.69M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.55M	USD	1 Quarter
Net income	`NetIncomeLoss`	$62.09M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$33.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.49M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$38.02M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.90	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.69	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.18	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.88	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.11	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.65	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.33	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.66	USD	2 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.26	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.52	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.85M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.85M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.88M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.83M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.75M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.09M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.71M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.08M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$62.09M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$33.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.49M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$38.02M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$9.48M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$9.22M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.94M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.47M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$307.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.40M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-9.22M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-740.00K	USD	2 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.67M	USD	2 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.68M	USD	2 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.41M	USD	2 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.57M	USD	2 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.08M	USD	2 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-11.70M	USD	2 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-3.07M	USD	2 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-1.86M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$561.00K	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$294.00K	USD	2 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.71M	USD	2 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-441.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-20.10M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$69.12M	USD	2 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$101.35M	USD	2 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$20.00M	USD	2 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$143.21M	USD	2 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$8.06M	USD	2 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.78M	USD	2 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.90M	USD	2 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$6.67M	USD	2 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$6.14M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$33.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-99.00K	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$1.99M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-54.34M	USD	2 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$24.54M	USD	2 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$19.31M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.34M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.14M	USD	2 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.58M	USD	2 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.11M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$24.15M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.40M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-55.45M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-28.16M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$574.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-185.00K	USD	2 Qtrs
Net (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-46.45M	USD	2 Qtrs
Net (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-40.10M	USD	2 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$153.28M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$199.73M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$128.14M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$168.24M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$153.28M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$199.73M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$128.14M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$168.24M	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$468.01M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$501.23M	USD	Point-in-time
Net income	`NetIncomeLoss`	$62.09M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$33.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.49M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$38.02M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.80M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$960.00K	USD	2 Qtrs
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.04M	USD	2 Qtrs
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.32M	USD	1 Quarter
Unrealized net loss on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-10.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.47M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.34M	USD	2 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.11M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$24.15M	USD	2 Qtrs
Cumulative effect of change in accounting for employee share-based payments	`CumulativeEffectOfChangeInAccountingForEmployeeShareBasedPayments`	$29.00K	USD	2 Qtrs
Cash dividend on common stock	`DividendsCommonStockCash`	$24.80M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$468.01M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$501.23M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$62.09M	USD	2 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$2.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.49M	USD	2 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-1.11M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$4.10M	USD	2 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-1.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$38.02M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-6.00K	USD	2 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$136.00K	USD	2 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $(1,106), $2,089, $(1,634) and $4,101, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.80M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$21.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $(1,106), $2,089, $(1,634) and $4,101, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$960.00K	USD	2 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-20.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $(1,106), $2,089, $(1,634) and $4,101, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.04M	USD	2 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $(1,106), $2,089, $(1,634) and $4,101, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.32M	USD	1 Quarter
Net unrealized (loss) gain on securities available-for-sale, net of tax of $(20), $21, $(6) and $136, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$221.00K	USD	2 Qtrs
Net unrealized (loss) gain on securities available-for-sale, net of tax of $(20), $21, $(6) and $136, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-10.00K	USD	2 Qtrs
Net unrealized (loss) gain on securities available-for-sale, net of tax of $(20), $21, $(6) and $136, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-33.00K	USD	1 Quarter
Net unrealized (loss) gain on securities available-for-sale, net of tax of $(20), $21, $(6) and $136, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$34.00K	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$58.27M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$81.44M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$31.36M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$39.31M	USD	1 Quarter

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