10-Q Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-026136`
Period End Date	20190630
Filing Date	20190725
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	mktx-10q_20190630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 90 Cash Flow Statement 66 Stockholders Equity 48 Comprehensive Income 28

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$80.00K	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$76.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$246.32M	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`	$286.18M	USD	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
Investments, at fair value	`MarketableSecurities`	$240.10M	USD	Point-in-time
Investments, at fair value	`MarketableSecurities`	$231.90M	USD	Point-in-time
Accounts receivable, net of allowance of $76 and $80 as of June 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNet`	$66.33M	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
Accounts receivable, net of allowance of $76 and $80 as of June 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNet`	$57.53M	USD	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$62.67M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$62.48M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$64.21M	USD	Point-in-time
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$63.01M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.69M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$76.72M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.54M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.64M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$22.47M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$22.60M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.75M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$1.59M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.93M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$3.42M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.90M	shares	Point-in-time
Total assets	`Assets`	$812.01M	USD	Point-in-time
Total assets	`Assets`	$695.54M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$39.05M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$26.67M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$12.86M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$16.43M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$3.81M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$2.81M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$17.05M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$29.37M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$89.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$87.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$150.10M	USD	Point-in-time
Commitments and Contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$122.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$122.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$341.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$341.45M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,934,752 and 2,900,432 shares as of June 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$193.63M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,934,752 and 2,900,432 shares as of June 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$184.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$525.43M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$463.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.46M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$607.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$661.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$631.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$537.16M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$514.77M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$557.38M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$812.01M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$695.54M	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$125.49M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$106.96M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$221.68M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$249.98M	USD	2 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$32.62M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$55.03M	USD	2 Qtrs
Employee compensation and benefits	`LaborAndRelatedExpense`	$26.20M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$65.28M	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`	$6.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$12.43M	USD	2 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$11.57M	USD	2 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$5.79M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$6.47M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$12.26M	USD	2 Qtrs
Professional and consulting fees	`ProfessionalFees`	$12.13M	USD	2 Qtrs
Professional and consulting fees	`ProfessionalFees`	$10.48M	USD	2 Qtrs
Professional and consulting fees	`ProfessionalFees`	$5.43M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$6.30M	USD	1 Quarter
Occupancy	`OccupancyNet`	$2.80M	USD	1 Quarter
Occupancy	`OccupancyNet`	$6.80M	USD	2 Qtrs
Occupancy	`OccupancyNet`	$3.47M	USD	1 Quarter
Occupancy	`OccupancyNet`	$5.75M	USD	2 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$5.97M	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`	$3.67M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$2.61M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$2.01M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$5.19M	USD	2 Qtrs
Clearing costs	`TransactionCosts`	$3.74M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.18M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.92M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.71M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.80M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$125.92M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$64.61M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$109.47M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$54.93M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$52.03M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$60.88M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$124.07M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$112.21M	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$2.55M	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$4.08M	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$1.38M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$2.10M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-22.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-64.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-535.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-207.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$2.03M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.18M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$2.02M	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$4.06M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$114.22M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$53.21M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$128.13M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$62.91M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.50M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.72M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.72	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.39	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.30	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.66	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.27	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.33	USD	2 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.51	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.42	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.84	USD	2 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.02	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.95M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.95M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.05M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.05M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.86M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.87M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.91M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.87M	shares	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$12.43M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$11.06M	USD	2 Qtrs
Amortization of operating lease right-of-use assets	`AmortizationOfOperatingLeaseRightOfUseAssets`	$2.83M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.60M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.12M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.63M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.45M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.01M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$296.00K	USD	2 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.88M	USD	2 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.35M	USD	2 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$131.00K	USD	2 Qtrs
(Increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.33M	USD	2 Qtrs
Decrease (increase) in trading investments	`IncreaseDecreaseInTradingSecurities`	$-8.85M	USD	2 Qtrs
Decrease (increase) in trading investments	`IncreaseDecreaseInTradingSecurities`	$3.29M	USD	2 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.38M	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`	$-3.66M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.00M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$935.00K	USD	2 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.56M	USD	2 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-877.00K	USD	2 Qtrs
(Decrease) in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.42M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$85.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$109.10M	USD	2 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$130.88M	USD	2 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$152.34M	USD	2 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$159.19M	USD	2 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$128.19M	USD	2 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.04M	USD	2 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.11M	USD	2 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$6.54M	USD	2 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$7.31M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-16.00K	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-29.41M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.74M	USD	2 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$38.32M	USD	2 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$31.35M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$371.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$522.00K	USD	2 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.06M	USD	2 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$12.90M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$8.67M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-51.88M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-58.53M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-854.00K	USD	2 Qtrs
Net increase for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$39.85M	USD	2 Qtrs
Net increase for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.67M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$167.01M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$287.31M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.46M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$170.69M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$167.01M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$287.31M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.46M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$170.69M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$607.88M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$661.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$631.15M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$537.16M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$514.77M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$557.38M	USD	Point-in-time
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.49M	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`	$-1.10M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.12M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.00K	USD	2 Qtrs
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$268.00K	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.02M	USD	2 Qtrs
Unrealized net gain (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$459.00K	USD	1 Quarter
Unrealized net gain (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$57.00K	USD	1 Quarter
Unrealized net gain (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-334.00K	USD	1 Quarter
Unrealized net gain (loss) on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$459.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.65M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.95M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.93M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$350.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$113.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$258.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$172.00K	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$7.62M	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$376.00K	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$11.80M	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$258.00K	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$6.64M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.18M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.49M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$6.27M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$19.24M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$15.79M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$15.80M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$19.21M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$607.88M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$661.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$631.15M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$537.16M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$514.77M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$557.38M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.43M	USD	2 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$269.00K	USD	2 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$506.00K	USD	2 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.94M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$721.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$18.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $721, $1,328, $269 and $506, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.29M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$144.00K	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-89.00K	USD	2 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $721, $1,328, $269 and $506, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.10M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $721, $1,328, $269 and $506, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.12M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$287.00K	USD	2 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $721, $1,328, $269 and $506, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.00K	USD	2 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $721, $1,328, $269 and $506, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$268.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $721, $1,328, $269 and $506, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.02M	USD	2 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $144, $18, $287 and $(89), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$57.00K	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $144, $18, $287 and $(89), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$918.00K	USD	2 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $144, $18, $287 and $(89), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$459.00K	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $144, $18, $287 and $(89), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-277.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$87.13M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$101.56M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.26M	USD	1 Quarter

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