10-Q Filing

MARKETAXESS HOLDINGS INC CIK: 1278021 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-020511`
Period End Date	20200331
Filing Date	20200501
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	mktx-10q_20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 44 Cash Flow Statement 65 Stockholders Equity 24 Comprehensive Income 12

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$83.00K	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$57.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$363.81M	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`	$270.12M	USD	Point-in-time
Investments, at fair value	`MarketableSecurities`	$135.62M	USD	Point-in-time
Investments, at fair value	`MarketableSecurities`	$230.48M	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
Accounts receivable, net of allowance of $83 and $57 as of March 31, 2020 and December 31, 2019, respectively	`AccountsReceivableNet`	$93.57M	USD	Point-in-time
Accounts receivable, net of allowance of $83 and $57 as of March 31, 2020 and December 31, 2019, respectively	`AccountsReceivableNet`	$62.02M	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$147.39M	USD	Point-in-time
Goodwill	`Goodwill`	$146.86M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$60.99M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$60.28M	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`	$74.93M	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
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$71.80M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$81.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$79.65M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.74M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.75M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$20.29M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.94M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$30.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.91M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$58.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.82M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$501.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.81M	shares	Point-in-time
Total assets	`Assets`	$954.93M	USD	Point-in-time
Total assets	`Assets`	$975.60M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$21.93M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$47.37M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$16.69M	USD	Point-in-time
Income and other tax liabilities	`TaxesPayableCurrentAndNoncurrent`	$20.78M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$3.50M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$3.95M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$34.76M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$19.29M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$96.30M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$97.99M	USD	Point-in-time
Total liabilities	`Liabilities`	$184.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$177.72M	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	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	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`	$342.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$328.06M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,824,100 and 2,810,609 shares as of March 31, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$153.39M	USD	Point-in-time
Treasury stock - Common stock voting, at cost, 2,824,100 and 2,810,609 shares as of March 31, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$158.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$643.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$591.09M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.62M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.27M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$797.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$770.09M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$607.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$631.15M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$954.93M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$975.60M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$124.49M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$168.98M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$41.19M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$32.66M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.08M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.07M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$5.78M	USD	1 Quarter
Technology and communications	`CommunicationsAndInformationTechnology`	$8.16M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$5.83M	USD	1 Quarter
Professional and consulting fees	`ProfessionalFees`	$5.67M	USD	1 Quarter
Occupancy	`OccupancyNet`	$3.47M	USD	1 Quarter
Occupancy	`OccupancyNet`	$2.95M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.30M	USD	1 Quarter
Marketing and advertising	`MarketingAndAdvertisingExpense`	$2.67M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$5.51M	USD	1 Quarter
Clearing costs	`TransactionCosts`	$2.58M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.13M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.12M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$77.89M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$61.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$91.09M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$63.19M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$1.99M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$1.27M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$42.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-656.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$613.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$2.03M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$91.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.22M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$16.89M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.82M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.42	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.96	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.39	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.60	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.51	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.04M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.08M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.83M	shares	1 Quarter

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$6.08M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$8.07M	USD	1 Quarter
Amortization of operating lease right-of-use assets	`AmortizationOfOperatingLeaseRightOfUseAssets`	$1.29M	USD	1 Quarter
Amortization of operating lease right-of-use assets	`AmortizationOfOperatingLeaseRightOfUseAssets`	$1.65M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.68M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$5.20M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.02M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.73M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-2.04M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$587.00K	USD	1 Quarter
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$31.64M	USD	1 Quarter
(Increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.45M	USD	1 Quarter
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.26M	USD	1 Quarter
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.54M	USD	1 Quarter
Decrease in trading investments	`IncreaseDecreaseInTradingSecurities`	$-6.01M	USD	1 Quarter
Decrease in trading investments	`IncreaseDecreaseInTradingSecurities`	$-56.39M	USD	1 Quarter
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-22.35M	USD	1 Quarter
(Decrease) in accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-25.44M	USD	1 Quarter
Increase in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$1.95M	USD	1 Quarter
Increase in income and other tax liabilities	`IncreaseDecreaseInIncomeTaxes`	$2.27M	USD	1 Quarter
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$735.00K	USD	1 Quarter
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$451.00K	USD	1 Quarter
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.76M	USD	1 Quarter
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$15.94M	USD	1 Quarter
(Decrease) in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.52M	USD	1 Quarter
(Decrease) in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-321.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$120.37M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$39.37M	USD	1 Quarter
Acquisition of business, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAndCashEquivalentsAcquired`	$533.00K	USD	1 Quarter
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$45.15M	USD	1 Quarter
Proceeds from maturities and sales, available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$67.60M	USD	1 Quarter
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$53.19M	USD	1 Quarter
Purchases, available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$8.99M	USD	1 Quarter
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.29M	USD	1 Quarter
Purchases of furniture, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$649.00K	USD	1 Quarter
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$6.78M	USD	1 Quarter
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$3.18M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$15.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$10.56M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$24.56M	USD	1 Quarter
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$19.41M	USD	1 Quarter
Cash dividend on common stock	`PaymentsOfOrdinaryDividends`	$23.24M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$172.00K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$80.00K	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.80M	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.24M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.42M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.18M	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-49.82M	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-36.23M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$943.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-3.36M	USD	1 Quarter
Net increase for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$91.74M	USD	1 Quarter
Net increase for the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.65M	USD	1 Quarter
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$366.00M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$262.11M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.46M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$274.25M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$366.00M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$262.11M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.46M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$274.25M	USD	Point-in-time
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$674.00K	USD	1 Quarter

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$797.88M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$770.09M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$607.88M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$631.15M	USD	Point-in-time
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.82M	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`	$-3.86M	USD	1 Quarter
Unrealized net (loss) gain on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$459.00K	USD	1 Quarter
Unrealized net (loss) gain on securities available-for-sale, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-491.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.68M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.20M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$80.00K	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`	$11.80M	USD	1 Quarter
Withholding tax payments on restricted stock vesting and stock option exercises	`AdjustmentsRelatedToTaxWithholdingExpenseBenefitForShareBasedCompensation`	$21.24M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.42M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.18M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$19.21M	USD	1 Quarter
Cash dividend on common stock	`DividendsCommonStockCash`	$22.77M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$797.88M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$770.09M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$607.88M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$631.15M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$52.52M	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-452.00K	USD	1 Quarter
Foreign currency exchange hedge, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$2.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.82M	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $2,441 and $(452), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.12M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-155.00K	USD	1 Quarter
Net cumulative translation adjustment and foreign currency exchange hedge, net of tax of $2,441 and $(452), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.86M	USD	1 Quarter
Securities available-for-sale, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$143.00K	USD	1 Quarter
Net unrealized gain on securities available-for-sale, net of tax of $(155) and $143, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-491.00K	USD	1 Quarter
Net unrealized gain on securities available-for-sale, net of tax of $(155) and $143, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$459.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$54.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$70.47M	USD	1 Quarter

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