10-Q Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001564590-17-020294`
Period End Date	20170930
Filing Date	20171027
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	mktx-20170930.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`	$71.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.24M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	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`	$138.99M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments, at fair value	`MarketableSecurities`	$237.22M	USD	Point-in-time
Investments, at fair value	`MarketableSecurities`	$194.40M	USD	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 $71 and $82 as of September 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNet`	$63.03M	USD	Point-in-time
Accounts receivable, net of allowance of $71 and $82 as of September 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNet`	$50.67M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$63.44M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$63.16M	USD	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`	40.30M	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`	$35.32M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.55M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$16.17M	USD	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
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$8.56M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.56M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.75M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$8.46M	USD	Point-in-time
Total assets	`Assets`	$528.04M	USD	Point-in-time
Total assets	`Assets`	$562.35M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$31.03M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$34.78M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$4.51M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$7.58M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$2.52M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$3.19M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$15.15M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$12.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$60.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$51.44M	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`	$342.11M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$342.31M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,748,823 and 2,562,585 shares as of September 30, 2017 and December 31, 2016, respectively	`TreasuryStockValue`	$117.33M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,748,823 and 2,562,585 shares as of September 30, 2017 and December 31, 2016, respectively	`TreasuryStockValue`	$153.68M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$332.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$255.14M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.23M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$468.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$510.91M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$528.04M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$562.35M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Commissions	`FeesAndCommissions`	$86.27M	USD	1 Quarter
Commissions	`FeesAndCommissions`	$267.31M	USD	3 Qtrs
Commissions	`FeesAndCommissions`	$81.46M	USD	1 Quarter
Commissions	`FeesAndCommissions`	$246.79M	USD	3 Qtrs
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$24.46M	USD	3 Qtrs
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$23.69M	USD	3 Qtrs
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$8.37M	USD	1 Quarter
Information and post-trade services	`InformationAndPostTradeServicesRevenue`	$7.32M	USD	1 Quarter
Investment income	`NetInvestmentIncome`	$534.00K	USD	1 Quarter
Investment income	`NetInvestmentIncome`	$1.47M	USD	3 Qtrs
Investment income	`NetInvestmentIncome`	$964.00K	USD	1 Quarter
Investment income	`NetInvestmentIncome`	$2.55M	USD	3 Qtrs
Other	`OtherIncome`	$959.00K	USD	1 Quarter
Other	`OtherIncome`	$3.54M	USD	3 Qtrs
Other	`OtherIncome`	$3.59M	USD	3 Qtrs
Other	`OtherIncome`	$1.09M	USD	1 Quarter
Total revenues	`Revenues`	$90.27M	USD	1 Quarter
Total revenues	`Revenues`	$275.48M	USD	3 Qtrs
Total revenues	`Revenues`	$96.70M	USD	1 Quarter
Total revenues	`Revenues`	$297.91M	USD	3 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$25.59M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$78.42M	USD	3 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$74.26M	USD	3 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$23.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.33M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.55M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$14.07M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.58M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$4.25M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$5.04M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$14.44M	USD	3 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$12.83M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$5.55M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$13.91M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$4.34M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$12.45M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$1.22M	USD	1 Quarter
Occupancy	`OccupancyNet`	$1.79M	USD	1 Quarter
Occupancy	`OccupancyNet`	$3.61M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$4.62M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$5.74M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.14M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.09M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$6.76M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$4.75M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$1.48M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$4.32M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$1.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.36M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.97M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.03M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.70M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$145.51M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$43.92M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$134.21M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$49.48M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$141.28M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$152.40M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.22M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$46.35M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.09M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$37.78M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.44M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$48.27M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$93.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$30.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.62M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$34.13M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.52	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.11	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.01	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.46	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.78	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.99	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.33	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.26	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.86M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.85M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.87M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.89M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.07M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.79M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.74M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.02M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$93.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$30.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.62M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$34.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$13.55M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$14.07M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$10.99M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$10.64M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$326.00K	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.39M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-10.04M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.29M	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.54M	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.44M	USD	3 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.50M	USD	3 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.15M	USD	3 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-750.00K	USD	3 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.76M	USD	3 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-3.28M	USD	3 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-843.00K	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$676.00K	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$694.00K	USD	3 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.65M	USD	3 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.92M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$33.14M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$121.58M	USD	3 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$146.29M	USD	3 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$32.02M	USD	3 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$42.49M	USD	3 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$196.81M	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.25M	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.75M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$10.09M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$9.06M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$53.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-383.00K	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-23.90M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-67.91M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$36.72M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$28.91M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.17M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.64M	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.91M	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.93M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$36.35M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$13.87M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-84.33M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-46.55M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-980.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.41M	USD	3 Qtrs
Net (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-29.25M	USD	3 Qtrs
Net (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-38.28M	USD	3 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$168.24M	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`	$138.99M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$168.24M	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`	$138.99M	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`	$510.91M	USD	Point-in-time
Net income	`NetIncomeLoss`	$93.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$30.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.62M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$34.13M	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`	$-1.05M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.10M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.06M	USD	3 Qtrs
Unrealized net gain on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$17.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.99M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.64M	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.91M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$36.35M	USD	3 Qtrs
Cumulative effect of change in accounting for employee share-based payments	`CumulativeEffectOfChangeInAccountingForEmployeeShareBasedPayments`	$29.00K	USD	3 Qtrs
Cash dividend on common stock	`DividendsCommonStockCash`	$37.20M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$468.01M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$510.91M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$93.01M	USD	3 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$4.45M	USD	3 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-953.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.92M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$346.00K	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-2.59M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$114.62M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$34.13M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $(953), $346, $(2,586) and $4,448, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.09M	USD	3 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$109.00K	USD	3 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-27.00K	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$16.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $(953), $346, $(2,586) and $4,448, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.05M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $(953), $346, $(2,586) and $4,448, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.10M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$10.00K	USD	3 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $(953), $346, $(2,586) and $4,448, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.06M	USD	3 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $16, $(27), $10 and $109, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$17.00K	USD	3 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $16, $(27), $10 and $109, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$177.00K	USD	3 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $16, $(27), $10 and $109, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$26.00K	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $16, $(27), $10 and $109, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-44.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$88.09M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.82M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$116.69M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.26M	USD	1 Quarter

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