10-Q Filing

SS&C TECHNOLOGIES HOLDINGS INC CIK: 1402436 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-027975`
Period End Date	20180930
Filing Date	20181107
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	ssnc-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 103 Income Statement 94 Cash Flow Statement 87

Balance Sheet 103 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.30M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.70M	USD	Point-in-time
Accumulated amortization of finite-lived intangible assets	`AccumulatedAmortizationOfIntangibleAndOtherAssets`	$1.22B	USD	Point-in-time
Accumulated amortization of finite-lived intangible assets	`AccumulatedAmortizationOfIntangibleAndOtherAssets`	$954.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.40M	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`	$732.20M	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`	$604.30M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $10.3 and $6.7, respectively	`AccountsReceivableNetCurrent`	$243.90M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $10.3 and $6.7, respectively	`AccountsReceivableNetCurrent`	$614.70M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetCurrent`	$10.00M	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`	$38.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$127.40M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$34.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	242.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	208.10M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$12.20M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$600.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	206.50M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$600.00K	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$13.80M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	240.40M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.14B	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`	$359.50M	USD	Point-in-time
Investments (Note 5)	`LongTermInvestments`	$474.80M	USD	Point-in-time
Investments (Note 5)	`LongTermInvestments`	-	USD	Point-in-time
Land	`Land`	$2.70M	USD	Point-in-time
Land	`Land`	$54.00M	USD	Point-in-time
Building and improvements	`BuildingsAndImprovementsGross`	$302.00M	USD	Point-in-time
Building and improvements	`BuildingsAndImprovementsGross`	$59.90M	USD	Point-in-time
Equipment, furniture, and fixtures	`FurnitureAndFixturesGross`	$138.70M	USD	Point-in-time
Equipment, furniture, and fixtures	`FurnitureAndFixturesGross`	$363.50M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$719.50M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$201.30M	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$100.40M	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$163.20M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$100.90M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$556.30M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.30M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.30M	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetNoncurrent`	$26.60M	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$3.71B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$6.51B	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $1,223.3 and $954.0, respectively	`IntangibleAssetsNetAndOtherAssetsExcludingGoodwill`	$3.57B	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $1,223.3 and $954.0, respectively	`IntangibleAssetsNetAndOtherAssetsExcludingGoodwill`	$1.37B	USD	Point-in-time
Total assets	`Assets`	$5.54B	USD	Point-in-time
Total assets	`Assets`	$13.28B	USD	Point-in-time
Current portion of long-term debt (Note 4)	`LongTermDebtCurrent`	$71.10M	USD	Point-in-time
Current portion of long-term debt (Note 4)	`LongTermDebtCurrent`	$37.90M	USD	Point-in-time
Client funds obligations	`ClientFundsObligationsCurrent`	$604.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$36.50M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.00M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$260.00M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$96.00M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$1.80M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$16.40M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$55.60M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$191.60M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$204.60M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$190.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$443.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.36B	USD	Point-in-time
Long-term debt, net of current portion (Note 4)	`LongTermDebtNoncurrent`	$6.62B	USD	Point-in-time
Long-term debt, net of current portion (Note 4)	`LongTermDebtNoncurrent`	$2.01B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$237.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$118.70M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$283.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$847.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.85B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.06B	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`	$3.60B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-167.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-82.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$766.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$808.50M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.70B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$4.24B	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`	$4.22B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.69B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.54B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$13.28B	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$992.40M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$418.20M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.31B	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$661.00M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$580.10M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$219.80M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$1.41B	USD	3 Qtrs
Gross profit	`GrossProfit`	$198.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$575.90M	USD	3 Qtrs
Gross profit	`GrossProfit`	$412.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$897.00M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$50.90M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$136.30M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$88.50M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$28.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$85.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$214.20M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$114.90M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$37.40M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$93.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$233.40M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$29.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$88.90M	USD	3 Qtrs
Transaction expenses	`BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized`	$96.40M	USD	3 Qtrs
Transaction expenses	`BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized`	$1.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$231.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$680.30M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$292.30M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$94.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$216.70M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$180.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$103.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$283.60M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-78.10M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-26.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-81.60M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-173.70M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$14.80M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$13.70M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-3.80M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.50M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	3 Qtrs
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$1.70M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-44.40M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.30M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$117.90M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$195.90M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$75.10M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.20M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$32.40M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$10.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$60.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-28.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$163.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$64.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.00M	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.80	USD	3 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.20	USD	3 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.77	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.19	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	228.10M	shares	3 Qtrs
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	239.90M	shares	1 Quarter
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	204.50M	shares	3 Qtrs
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	205.60M	shares	1 Quarter
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	211.10M	shares	3 Qtrs
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	239.50M	shares	3 Qtrs
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	212.40M	shares	1 Quarter
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	252.60M	shares	1 Quarter
Cash dividends declared and paid per common share	`CommonStockDividendsPerShareDeclared`	$0.20	USD	3 Qtrs
Cash dividends declared and paid per common share	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Cash dividends declared and paid per common share	`CommonStockDividendsPerShareDeclared`	$0.22	USD	3 Qtrs
Cash dividends declared and paid per common share	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Net income	`NetIncomeLoss`	$163.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$64.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.00M	USD	1 Quarter
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$51.70M	USD	3 Qtrs
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$19.90M	USD	1 Quarter
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-54.20M	USD	1 Quarter
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-84.60M	USD	3 Qtrs
Total comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-84.60M	USD	3 Qtrs
Total comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-54.20M	USD	1 Quarter
Total comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$51.70M	USD	3 Qtrs
Total comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$19.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.80M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$215.20M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$84.10M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-40.10M	USD	3 Qtrs

Cash Flow Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$163.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$64.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$176.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$342.90M	USD	3 Qtrs
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	3 Qtrs
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$1.70M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$31.60M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$76.10M	USD	3 Qtrs
Net unrealized gains on investments	`UnrealizedGainLossOnInvestments`	$10.60M	USD	3 Qtrs
Amortization and write-offs of loan origination costs and original issue discounts	`AmortizationOfFinancingCostsAndDiscounts`	$9.50M	USD	3 Qtrs
Amortization and write-offs of loan origination costs and original issue discounts	`AmortizationOfFinancingCostsAndDiscounts`	$7.90M	USD	3 Qtrs
Loss on extinguishment of debt	`AdjustmentGainsLossesOnExtinguishmentOfDebt`	$-2.30M	USD	3 Qtrs
Loss on extinguishment of debt	`AdjustmentGainsLossesOnExtinguishmentOfDebt`	$-44.40M	USD	3 Qtrs
Loss on sale or disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-300.00K	USD	3 Qtrs
Loss on sale or disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-700.00K	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$24.60M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$105.90M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.80M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.80M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.80M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-40.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-23.90M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.40M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractAssets`	$8.60M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-86.80M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.60M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-45.60M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-11.20M	USD	3 Qtrs
Income taxes prepaid and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-28.70M	USD	3 Qtrs
Income taxes prepaid and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$6.80M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-25.60M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-6.40M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$308.50M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$322.40M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.50M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.80M	USD	3 Qtrs
Proceeds from sale of property and equipment	`PaymentsForProceedsFromProductiveAssets`	$-9.60M	USD	3 Qtrs
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.63B	USD	3 Qtrs
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-1.80M	USD	3 Qtrs
Additions to capitalized software	`PaymentsToAcquireSoftware`	$29.30M	USD	3 Qtrs
Additions to capitalized software	`PaymentsToAcquireSoftware`	$8.10M	USD	3 Qtrs
Investments in securities	`PaymentsToAcquireInvestments`	$15.40M	USD	3 Qtrs
Proceeds from sales / maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$28.10M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.10M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.67B	USD	3 Qtrs
Cash received from debt borrowings, net of original issue discount	`ProceedsFromDebtNetOfIssuanceCosts`	$6.87B	USD	3 Qtrs
Cash received from debt borrowings, net of original issue discount	`ProceedsFromDebtNetOfIssuanceCosts`	$45.00M	USD	3 Qtrs
Repayments of debt and acquired debt	`RepaymentsOfLongTermDebt`	$337.80M	USD	3 Qtrs
Repayments of debt and acquired debt	`RepaymentsOfLongTermDebt`	$2.86B	USD	3 Qtrs
Net increase in client funds obligations	`IncreaseDecreaseInClientFundsObligationsNet`	$193.20M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$74.80M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$46.30M	USD	3 Qtrs
Withholding taxes paid related to equity award net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.70M	USD	3 Qtrs
Withholding taxes paid related to equity award net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.10M	USD	3 Qtrs
Fees paid for debt extinguishment and refinancing activities	`PaymentsOfFinancingCosts`	$68.70M	USD	3 Qtrs
Fees paid for debt extinguishment and refinancing activities	`PaymentsOfFinancingCosts`	$1.40M	USD	3 Qtrs
Proceeds from common stock issuance, net	`ProceedsFromIssuanceOfCommonStock`	$1.40B	USD	Point-in-time
Proceeds from common stock issuance, net	`ProceedsFromIssuanceOfCommonStock`	$1.40B	USD	3 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$39.90M	USD	3 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$50.70M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.55B	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-291.90M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.50M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.80M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-15.70M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.21B	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$119.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$104.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.27B	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 and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$119.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$104.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.27B	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$732.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.10M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$600.00K	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$600.00K	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$13.80M	USD	Point-in-time
Funds receivable and funds held on behalf of clients	`FundsReceivableAndFundsHeldOnBehalfOfClientsRestricted`	$527.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$104.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	USD	Point-in-time
Property and equipment acquired through tenant improvement allowances	`PropertyAndEquipmentAcquiredThroughTenantImprovementAllowances`	$10.80M	USD	3 Qtrs
Property and equipment acquired through tenant improvement allowances	`PropertyAndEquipmentAcquiredThroughTenantImprovementAllowances`	$700.00K	USD	3 Qtrs

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