10-Q Filing

SS&C TECHNOLOGIES HOLDINGS INC CIK: 1402436 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-021049`
Period End Date	20180630
Filing Date	20180809
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	ssnc-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 95 Cash Flow Statement 85

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.70M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.40M	USD	Point-in-time
Accumulated amortization of finite-lived intangible assets	`AccumulatedAmortizationOfIntangibleAndOtherAssets`	$954.00M	USD	Point-in-time
Accumulated amortization of finite-lived intangible assets	`AccumulatedAmortizationOfIntangibleAndOtherAssets`	$1.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$785.10M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$90.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.10M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Funds receivable and funds held on behalf of clients	`FundsReceivableAndFundsHeldOnBehalfOfClients`	$769.60M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $10.4 and $6.7, respectively	`AccountsReceivableNetCurrent`	$600.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $10.4 and $6.7, respectively	`AccountsReceivableNetCurrent`	$243.90M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Contract asset	`ContractWithCustomerAssetNetCurrent`	$6.80M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$103.20M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$38.70M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	208.10M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$74.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	241.20M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$12.20M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	206.50M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$600.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$9.60M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	239.60M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$359.50M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.60M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.60M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.35B	USD	Point-in-time
Investments (Note 5)	`LongTermInvestments`	-	USD	Point-in-time
Investments (Note 5)	`LongTermInvestments`	$483.60M	USD	Point-in-time
Land	`Land`	$2.70M	USD	Point-in-time
Land	`Land`	$58.30M	USD	Point-in-time
Building and improvements	`BuildingsAndImprovementsGross`	$59.90M	USD	Point-in-time
Building and improvements	`BuildingsAndImprovementsGross`	$302.90M	USD	Point-in-time
Equipment, furniture, and fixtures	`FurnitureAndFixturesGross`	$354.50M	USD	Point-in-time
Equipment, furniture, and fixtures	`FurnitureAndFixturesGross`	$138.70M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$715.70M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$201.30M	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$134.00M	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$100.40M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$581.70M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$100.90M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.30M	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetNoncurrent`	$30.60M	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$6.53B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$3.71B	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $1,109.7 and $954.0, respectively	`IntangibleAssetsNetAndOtherAssetsExcludingGoodwill`	$1.37B	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $1,109.7 and $954.0, respectively	`IntangibleAssetsNetAndOtherAssetsExcludingGoodwill`	$3.70B	USD	Point-in-time
Total assets	`Assets`	$13.67B	USD	Point-in-time
Total assets	`Assets`	$5.54B	USD	Point-in-time
Current portion of long-term debt (Note 4)	`LongTermDebtCurrent`	$37.90M	USD	Point-in-time
Current portion of long-term debt (Note 4)	`LongTermDebtCurrent`	$73.30M	USD	Point-in-time
Client funds obligations	`ClientFundsObligationsCurrent`	$770.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.10M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.00M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$96.00M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$256.40M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$1.10M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$16.40M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$163.70M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$55.60M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$204.60M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$234.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$443.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.54B	USD	Point-in-time
Long-term debt, net of current portion (Note 4)	`LongTermDebtNoncurrent`	$2.01B	USD	Point-in-time
Long-term debt, net of current portion (Note 4)	`LongTermDebtNoncurrent`	$6.84B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$118.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$238.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$856.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$283.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.85B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.47B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share, 5.0 million shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share, 5.0 million shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$2.10M	USD	Point-in-time
Common stock	`CommonStockValue`	$2.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.02B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.56B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-82.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-113.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$770.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$766.90M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$4.22B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.70B	USD	Point-in-time
Less: cost of common stock in treasury, 1.6 million shares	`TreasuryStockValue`	$18.00M	USD	Point-in-time
Less: cost of common stock in treasury, 1.6 million shares	`TreasuryStockValue`	$18.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.20B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.69B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$13.67B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.54B	USD	Point-in-time

Income Statement 95 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.32B	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$411.00M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$895.80M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$818.70M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$223.70M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$603.50M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$441.20M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$833.00M	USD	2 Qtrs
Gross profit	`GrossProfit`	$484.70M	USD	2 Qtrs
Gross profit	`GrossProfit`	$187.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$377.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$292.30M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$85.40M	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$30.20M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$54.20M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$60.40M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$89.60M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$77.50M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$39.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$128.50M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$59.90M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$28.10M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$140.20M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$108.10M	USD	1 Quarter
Transaction expenses	`BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized`	$94.50M	USD	2 Qtrs
Transaction expenses	`BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized`	$91.10M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$97.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$343.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$197.80M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$448.60M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-50.70M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$36.10M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$179.70M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$89.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-26.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-70.20M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-55.30M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-95.60M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.30M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$600.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.10M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.20M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-44.40M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-44.40M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.30M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$120.80M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-101.70M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-163.60M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$62.40M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$11.30M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$21.50M	USD	2 Qtrs
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$-89.20M	USD	2 Qtrs
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$-99.90M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-12.50M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$51.10M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$99.30M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-63.70M	USD	1 Quarter
Basic (loss) earnings per share	`EarningsPerShareBasic`	$0.49	USD	2 Qtrs
Basic (loss) earnings per share	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Basic (loss) earnings per share	`EarningsPerShareBasic`	$-0.06	USD	2 Qtrs
Basic (loss) earnings per share	`EarningsPerShareBasic`	$-0.27	USD	1 Quarter
Diluted (loss) earnings per share	`EarningsPerShareDiluted`	$-0.27	USD	1 Quarter
Diluted (loss) earnings per share	`EarningsPerShareDiluted`	$-0.06	USD	2 Qtrs
Diluted (loss) earnings per share	`EarningsPerShareDiluted`	$0.24	USD	1 Quarter
Diluted (loss) earnings per share	`EarningsPerShareDiluted`	$0.47	USD	2 Qtrs
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	204.00M	shares	2 Qtrs
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	236.90M	shares	1 Quarter
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	204.60M	shares	1 Quarter
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	222.00M	shares	2 Qtrs
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	236.90M	shares	1 Quarter
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	211.30M	shares	1 Quarter
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	222.00M	shares	2 Qtrs
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	210.50M	shares	2 Qtrs
Cash dividends declared and paid per common share	`CommonStockDividendsPerShareDeclared`	$0.12	USD	2 Qtrs
Cash dividends declared and paid per common share	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividends declared and paid per common share	`CommonStockDividendsPerShareDeclared`	$0.14	USD	2 Qtrs
Cash dividends declared and paid per common share	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-12.50M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$51.10M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$99.30M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-63.70M	USD	1 Quarter
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$21.00M	USD	1 Quarter
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$31.80M	USD	2 Qtrs
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-30.40M	USD	2 Qtrs
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-35.70M	USD	1 Quarter
Total comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$31.80M	USD	2 Qtrs
Total comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$21.00M	USD	1 Quarter
Total comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-30.40M	USD	2 Qtrs
Total comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-35.70M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$131.10M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$72.10M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-99.40M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-42.90M	USD	2 Qtrs

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-12.50M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$51.10M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$99.30M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-63.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$117.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$196.70M	USD	2 Qtrs
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$57.70M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$21.30M	USD	2 Qtrs
Amortization and write-offs of loan origination costs and original issue discounts	`AmortizationOfFinancingCostsAndDiscounts`	$5.30M	USD	2 Qtrs
Amortization and write-offs of loan origination costs and original issue discounts	`AmortizationOfFinancingCostsAndDiscounts`	$6.00M	USD	2 Qtrs
Loss on extinguishment of debt	`AdjustmentGainsLossesOnExtinguishmentOfDebt`	$-2.30M	USD	2 Qtrs
Loss on extinguishment of debt	`AdjustmentGainsLossesOnExtinguishmentOfDebt`	$-44.40M	USD	2 Qtrs
Loss on sale or disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-200.00K	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$89.80M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$15.00M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$3.20M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.60M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-43.00M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-45.50M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.30M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractAssets`	$-23.40M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.90M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-98.20M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-32.70M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-54.50M	USD	2 Qtrs
Income taxes prepaid and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-70.20M	USD	2 Qtrs
Income taxes prepaid and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$2.60M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.50M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$5.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$195.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$119.70M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.40M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.40M	USD	2 Qtrs
Proceeds from sale of property and equipment	`PaymentsForProceedsFromProductiveAssets`	$-4.70M	USD	2 Qtrs
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-1.80M	USD	2 Qtrs
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.62B	USD	2 Qtrs
Additions to capitalized software	`PaymentsToAcquireSoftware`	$16.50M	USD	2 Qtrs
Additions to capitalized software	`PaymentsToAcquireSoftware`	$5.60M	USD	2 Qtrs
Investments in securities	`PaymentsToAcquireInvestments`	$4.30M	USD	2 Qtrs
Proceeds from sales / maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$11.70M	USD	2 Qtrs
Proceeds from unconsolidated affiliates	`ProceedsFromSaleOfEquityMethodInvestments`	$300.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.20M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.65B	USD	2 Qtrs
Cash received from debt borrowings, net of original issue discount	`ProceedsFromDebtNetOfIssuanceCosts`	$6.87B	USD	2 Qtrs
Cash received from debt borrowings, net of original issue discount	`ProceedsFromDebtNetOfIssuanceCosts`	$45.00M	USD	2 Qtrs
Repayments of debt and acquired debt	`RepaymentsOfLongTermDebt`	$253.40M	USD	2 Qtrs
Repayments of debt and acquired debt	`RepaymentsOfLongTermDebt`	$2.62B	USD	2 Qtrs
Net increase in client funds obligations	`IncreaseDecreaseInClientFundsObligationsNet`	$374.80M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$55.30M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$35.90M	USD	2 Qtrs
Withholding taxes paid related to equity award net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.10M	USD	2 Qtrs
Withholding taxes paid related to equity award net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.60M	USD	2 Qtrs
Fees paid for debt extinguishment and refinancing activities	`PaymentsOfFinancingCosts`	$68.60M	USD	2 Qtrs
Fees paid for debt extinguishment and refinancing activities	`PaymentsOfFinancingCosts`	$1.40M	USD	2 Qtrs
Proceeds from common stock issuance, net	`ProceedsFromIssuanceOfCommonStock`	$1.40B	USD	2 Qtrs
Proceeds from common stock issuance, net	`ProceedsFromIssuanceOfCommonStock`	$1.40B	USD	Point-in-time
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$25.50M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$31.40M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.97B	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-202.50M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.10M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.90M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.40M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.44B	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$92.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.50B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$119.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$92.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.50B	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$119.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$785.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$90.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.10M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$9.60M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.90M	USD	Point-in-time
Funds receivable and funds held on behalf of clients	`FundsReceivableAndFundsHeldOnBehalfOfClientsRestricted`	$708.40M	USD	Point-in-time
Cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50B	USD	Point-in-time
Cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$92.30M	USD	Point-in-time
Property and equipment acquired through tenant improvement allowances	`PropertyAndEquipmentAcquiredThroughTenantImprovementAllowances`	$700.00K	USD	2 Qtrs
Property and equipment acquired through tenant improvement allowances	`PropertyAndEquipmentAcquiredThroughTenantImprovementAllowances`	$10.80M	USD	2 Qtrs

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