10-Q Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-025116`
Period End Date	20180930
Filing Date	20181025
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	mktx-20180930.xml

Filing Contents

This filing contains the following financial statements:

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

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$91.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$210.09M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$167.01M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments, at fair value	`MarketableSecurities`	$236.10M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments, at fair value	`MarketableSecurities`	$239.52M	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
Accounts receivable, net of allowance of $91 and $178 as of September 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNet`	$52.64M	USD	Point-in-time
Accounts receivable, net of allowance of $91 and $178 as of September 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNet`	$62.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$62.77M	USD	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$63.06M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.47M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.40M	shares	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$38.55M	USD	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$54.32M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.60M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$18.59M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.62M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$18.72M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.87M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.78M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$1.74M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$2.26M	USD	Point-in-time
Total assets	`Assets`	$581.23M	USD	Point-in-time
Total assets	`Assets`	$646.13M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$31.47M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$36.50M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$13.06M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$12.92M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$3.79M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCredits`	$2.66M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$14.24M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$19.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$67.51M	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`	$336.08M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,870,326 and 2,781,323 shares as of September 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$178.78M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,870,326 and 2,781,323 shares as of September 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$159.79M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$433.23M	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`	$-12.03M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$514.77M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$578.62M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$581.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$646.13M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$294.86M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$323.12M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$95.58M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$101.44M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$78.09M	USD	3 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$26.28M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$81.31M	USD	3 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$25.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.58M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.07M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$17.23M	USD	3 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$5.04M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$14.44M	USD	3 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$17.45M	USD	3 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$5.88M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$5.55M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$5.68M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$13.91M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$16.17M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$1.79M	USD	1 Quarter
Occupancy	`OccupancyNet`	$3.53M	USD	1 Quarter
Occupancy	`OccupancyNet`	$10.33M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$4.62M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.98M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.09M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$6.76M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$8.58M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$1.48M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$4.32M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$5.50M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$1.76M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.74M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.93M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.88M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$164.50M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$48.95M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$55.03M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$144.08M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$46.63M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$46.41M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$150.78M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$158.62M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$964.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$2.55M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$1.64M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$4.19M	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-382.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-250.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-932.00K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-785.00K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$3.40M	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$1.62M	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$582.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.39M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$162.02M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$152.40M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.22M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$37.78M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.20M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.09M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$35.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$34.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.62M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$127.02M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.59M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.11	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.44	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.36	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.01	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.02	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.42	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.26	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
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.87M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.95M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.95M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.86M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.02M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.86M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.07M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.83M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$34.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.62M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$127.02M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.59M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$14.07M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$17.23M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$10.99M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.55M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$162.00K	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$326.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.29M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.00M	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.56M	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.54M	USD	3 Qtrs
Decrease (increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.50M	USD	3 Qtrs
Decrease (increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-97.00K	USD	3 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.03M	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`	$-755.00K	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$676.00K	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.12M	USD	3 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.92M	USD	3 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.61M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$153.81M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$121.58M	USD	3 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$256.30M	USD	3 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$146.29M	USD	3 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$260.32M	USD	3 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$196.81M	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.82M	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.25M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$10.09M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$9.17M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-25.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$53.00K	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.91M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.98M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$36.72M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$46.89M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.64M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.39M	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`	$7.94M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$36.35M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$18.98M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-72.43M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-84.33M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.33M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.41M	USD	3 Qtrs
Net increase (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-29.25M	USD	3 Qtrs
Net increase (decrease) for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$43.07M	USD	3 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$167.01M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$138.99M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$210.09M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$168.24M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$167.01M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$138.99M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$210.09M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$168.24M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$514.77M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$578.62M	USD	Point-in-time
Net income	`NetIncomeLoss`	$34.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.62M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$127.02M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.59M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.06M	USD	3 Qtrs
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`	$-582.00K	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.60M	USD	3 Qtrs
Unrealized net (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-205.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.55M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.39M	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$-7.94M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$18.98M	USD	3 Qtrs
Cash dividend on common stock	`DividendsCommonStockCash`	$47.38M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$514.77M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$578.62M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$34.13M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$240.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.62M	USD	3 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-953.00K	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$746.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$127.02M	USD	3 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-2.59M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.59M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $240, $(953), $746 and $(2,586), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.06M	USD	3 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$16.00K	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-66.00K	USD	3 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $240, $(953), $746 and $(2,586), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.10M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $240, $(953), $746 and $(2,586), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-582.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $240, $(953), $746 and $(2,586), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.60M	USD	3 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$23.00K	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$10.00K	USD	3 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $23, $16, $(66) and $10, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$17.00K	USD	3 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $23, $16, $(66) and $10, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-205.00K	USD	3 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $23, $16, $(66) and $10, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$26.00K	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $23, $16, $(66) and $10, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$72.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.08M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$116.69M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$125.21M	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.