10-Q Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-037845`
Period End Date	20190930
Filing Date	20191025
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	mktx-10q_20190930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 92 Cash Flow Statement 69 Stockholders Equity 68 Comprehensive Income 32

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$146.00K	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$80.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$246.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$320.53M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.86M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments, at fair value	`MarketableSecurities`	$235.62M	USD	Point-in-time
Investments, at fair value	`MarketableSecurities`	$240.10M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $146 and $80 as of September 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNet`	$72.81M	USD	Point-in-time
Accounts receivable, net of allowance of $146 and $80 as of September 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNet`	$57.53M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Goodwill and intangible assets, net of accumulated amortization	`IntangibleAssetsNetIncludingGoodwill`	$62.39M	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
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$66.53M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$75.39M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.54M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.72M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$18.59M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$22.47M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.64M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.78M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$3.42M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.94M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$3.16M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.90M	shares	Point-in-time
Total assets	`Assets`	$855.03M	USD	Point-in-time
Total assets	`Assets`	$695.54M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$35.08M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$39.05M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$16.43M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$13.27M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$3.73M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$2.81M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$29.37M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$16.29M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$92.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$160.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$87.66M	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`	$343.54M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,941,159 and 2,900,432 shares as of September 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$196.40M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,941,159 and 2,900,432 shares as of September 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$184.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$560.16M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$463.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$578.62M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$661.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$537.16M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$607.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$557.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$514.77M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$694.62M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$631.15M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$695.54M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$855.03M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$323.12M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$101.44M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$381.58M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$131.60M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$97.96M	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`	$32.68M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$19.13M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$17.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.70M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$7.38M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$19.64M	USD	3 Qtrs
Technology and communications	`CommunicationsAndInformationTechnology`	$5.88M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$17.45M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$5.68M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$19.14M	USD	3 Qtrs
Professional and consulting fees	`ProfessionalFees`	$7.02M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$16.17M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$8.55M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$3.53M	USD	1 Quarter
Occupancy	`OccupancyNet`	$10.33M	USD	3 Qtrs
Occupancy	`OccupancyNet`	$2.80M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$8.47M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.98M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$8.58M	USD	3 Qtrs
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.51M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$5.50M	USD	3 Qtrs
Clearing costs	`TransactionCosts`	$2.78M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$1.76M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$7.97M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.74M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.93M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.76M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.69M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$55.03M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$191.55M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$164.50M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$65.63M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$65.97M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$158.62M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$46.41M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$190.03M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$6.30M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$2.21M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$4.19M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$1.64M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-250.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-838.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-860.00K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-785.00K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$1.39M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.37M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$3.40M	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$5.44M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$67.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$162.02M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$195.47M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.20M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.34M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.84M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$35.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.63M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$127.02M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$4.17	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.44	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.02	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.36	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.42	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$4.08	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.51	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.53	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.26	USD	3 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.42	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.95M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.95M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.05M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.07M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.99M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.83M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.91M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.86M	shares	3 Qtrs

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$38.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.63M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$127.02M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$17.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$19.13M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`AmortizationOfOperatingLeaseRightOfUseAssets`	$4.30M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.55M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$19.07M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$162.00K	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$73.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-886.00K	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.56M	USD	3 Qtrs
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.48M	USD	3 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-97.00K	USD	3 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.85M	USD	3 Qtrs
Decrease (Increase) in trading securities	`IncreaseDecreaseInTradingSecurities`	$-6.67M	USD	3 Qtrs
Decrease (Increase) in trading securities	`IncreaseDecreaseInTradingSecurities`	$371.00K	USD	3 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.03M	USD	3 Qtrs
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.97M	USD	3 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-755.00K	USD	3 Qtrs
(Decrease) in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$-3.28M	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.12M	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$921.00K	USD	3 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.61M	USD	3 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.00M	USD	3 Qtrs
Increase in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$800.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$176.79M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$153.81M	USD	3 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$156.81M	USD	3 Qtrs
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$256.30M	USD	3 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$149.57M	USD	3 Qtrs
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$260.32M	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.82M	USD	3 Qtrs
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.68M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$13.86M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$9.17M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-25.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-22.00K	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.98M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.29M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$46.89M	USD	3 Qtrs
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$57.23M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$885.00K	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`	$7.94M	USD	3 Qtrs
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.27M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$18.98M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$11.44M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-72.43M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-86.06M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.26M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.33M	USD	3 Qtrs
Net increase for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$74.18M	USD	3 Qtrs
Net increase for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$43.07M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$321.64M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$211.22M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.46M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$168.15M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$321.64M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$211.22M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.46M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$168.15M	USD	Point-in-time
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$422.00K	USD	3 Qtrs

Stockholders Equity 68 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$578.62M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$661.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$537.16M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$607.88M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$557.38M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$514.77M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$694.62M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$631.15M	USD	Point-in-time
Net income	`NetIncomeLoss`	$38.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.63M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$127.02M	USD	3 Qtrs
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`	$-1.40M	USD	3 Qtrs
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.42M	USD	1 Quarter
Cumulative translation adjustment and foreign currency exchange hedge, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.60M	USD	3 Qtrs
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`	$-582.00K	USD	1 Quarter
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`	$-1.10M	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`	$72.00K	USD	1 Quarter
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`	$70.00K	USD	1 Quarter
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
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.93M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.20M	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`	$3.95M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.94M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$363.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.02M	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
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$350.00K	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`	$6.21M	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`	$7.62M	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$-57.00K	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`	$6.27M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$6.64M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$6.08M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.49M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.18M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.77M	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`	$15.79M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$19.21M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$19.27M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$578.62M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$661.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$537.16M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$607.88M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$557.38M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$514.77M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$694.62M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$631.15M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$38.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.63M	USD	3 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.28M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$54.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.94M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$746.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$40.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$127.02M	USD	3 Qtrs
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$240.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,012, $240, $1,281 and $746, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.29M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,012, $240, $1,281 and $746, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.40M	USD	3 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,012, $240, $1,281 and $746, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.42M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,012, $240, $1,281 and $746, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.60M	USD	3 Qtrs
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$309.00K	USD	3 Qtrs
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,012, $240, $1,281 and $746, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.12M	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 $1,012, $240, $1,281 and $746, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-582.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,012, $240, $1,281 and $746, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$268.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $1,012, $240, $1,281 and $746, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.10M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$23.00K	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$22.00K	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $22, $23, $309 and $(66), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$70.00K	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $22, $23, $309 and $(66), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$988.00K	USD	3 Qtrs
Net unrealized gain (loss) on securities available-for-sale, net of tax of $22, $23, $309 and $(66), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$72.00K	USD	1 Quarter
Net unrealized gain (loss) on securities available-for-sale, net of tax of $22, $23, $309 and $(66), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-205.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$125.21M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$154.22M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$52.66M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.08M	USD	1 Quarter

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