10-Q Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-017609`
Period End Date	20180630
Filing Date	20180726
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	mktx-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 88 Cash Flow Statement 60 Stockholders Equity 18 Comprehensive Income 24

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$74.00K	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$178.00K	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`	$168.24M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$170.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$128.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$167.01M	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`	$249.59M	USD	Point-in-time
Investments, at fair value	`MarketableSecurities`	$239.52M	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 $74 and $178 as of June 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNet`	$52.64M	USD	Point-in-time
Accounts receivable, net of allowance of $74 and $178 as of June 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNet`	$61.88M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$62.87M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$63.06M	USD	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$38.55M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.42M	shares	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$50.09M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.40M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.62M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.58M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$21.03M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$18.72M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.84M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$1.45M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$1.74M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.78M	shares	Point-in-time
Total assets	`Assets`	$617.60M	USD	Point-in-time
Total assets	`Assets`	$581.23M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$36.50M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$23.61M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$13.06M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$12.97M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$2.66M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$3.60M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$20.04M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$14.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$60.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$66.46M	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`	$331.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$331.06M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,841,245 and 2,781,323 shares as of June 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$159.79M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,841,245 and 2,781,323 shares as of June 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$172.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$410.42M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$353.58M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.23M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.52M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$557.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$514.77M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$581.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$617.60M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$221.68M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$106.96M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$199.28M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$96.31M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$25.32M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$26.20M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$52.60M	USD	2 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$55.03M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$11.06M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.48M	USD	2 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$5.79M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$11.57M	USD	2 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$4.82M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$9.41M	USD	2 Qtrs
Professional and consulting fees	`ProfessionalFees`	$8.37M	USD	2 Qtrs
Professional and consulting fees	`ProfessionalFees`	$10.48M	USD	2 Qtrs
Professional and consulting fees	`ProfessionalFees`	$4.09M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$5.43M	USD	1 Quarter
Occupancy	`OccupancyNet`	$2.83M	USD	2 Qtrs
Occupancy	`OccupancyNet`	$1.42M	USD	1 Quarter
Occupancy	`OccupancyNet`	$6.80M	USD	2 Qtrs
Occupancy	`OccupancyNet`	$3.47M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$4.67M	USD	2 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$3.54M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$5.60M	USD	2 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.78M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$1.52M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$2.84M	USD	2 Qtrs
Clearing costs	`TransactionCosts`	$3.74M	USD	2 Qtrs
Clearing costs	`TransactionCosts`	$2.01M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.94M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.59M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.71M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.18M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$95.14M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$109.47M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$47.33M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$54.93M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$112.21M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$52.03M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$104.14M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$48.98M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$2.55M	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$840.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$1.38M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$1.59M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-550.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-207.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-535.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-252.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.04M	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$588.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.18M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$2.02M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$53.21M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.57M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$114.22M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.18M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.72M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.55M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$24.69M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$80.49M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$38.02M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.39	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.18	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.11	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.33	USD	2 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.66	USD	2 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.84	USD	2 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.42	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.33	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.85M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.95M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.85M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.95M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.08M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.86M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.87M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.09M	shares	2 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.43M	USD	2 Qtrs
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`	$11.06M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.60M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.47M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.40M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.45M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.01M	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`	$9.35M	USD	2 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.41M	USD	2 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.33M	USD	2 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-11.70M	USD	2 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.89M	USD	2 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-1.16M	USD	2 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-3.07M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$561.00K	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$935.00K	USD	2 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.56M	USD	2 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-441.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$85.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$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`	$152.34M	USD	2 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$143.21M	USD	2 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$159.19M	USD	2 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.04M	USD	2 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.78M	USD	2 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$6.54M	USD	2 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$6.67M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$33.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-16.00K	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-54.34M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-29.41M	USD	2 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$24.54M	USD	2 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$31.35M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.34M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$371.00K	USD	2 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00M	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`	$12.90M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$24.15M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-51.88M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-55.45M	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`	$-854.00K	USD	2 Qtrs
Net increase (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.67M	USD	2 Qtrs
Net increase (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-40.10M	USD	2 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$168.24M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$170.69M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$128.14M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$167.01M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$168.24M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$170.69M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$128.14M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$167.01M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$557.38M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$514.77M	USD	Point-in-time
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.43M	USD	2 Qtrs
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`	$1.32M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.29M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.02M	USD	2 Qtrs
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$960.00K	USD	2 Qtrs
Unrealized net loss on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-277.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.60M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$371.00K	USD	2 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$12.90M	USD	2 Qtrs
Cash dividend on common stock	`DividendsCommonStockCash`	$31.59M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$557.38M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$514.77M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-1.63M	USD	2 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-1.11M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$80.49M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$38.02M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$506.00K	USD	2 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,328, $(1,106), $506 and $(1,634), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.32M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,328, $(1,106), $506 and $(1,634), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.29M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,328, $(1,106), $506 and $(1,634), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.02M	USD	2 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,328, $(1,106), $506 and $(1,634), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$960.00K	USD	2 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$18.00K	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-20.00K	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-6.00K	USD	2 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-89.00K	USD	2 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $18, $(20), $(89) and $(6), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-277.00K	USD	2 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $18, $(20), $(89) and $(6), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-33.00K	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $18, $(20), $(89) and $(6), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-10.00K	USD	2 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $18, $(20), $(89) and $(6), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$57.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$87.13M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.31M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.26M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$81.44M	USD	2 Qtrs

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