10-Q Filing

SS&C TECHNOLOGIES HOLDINGS INC CIK: 1402436 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-022479`
Period End Date	20200331
Filing Date	20200507
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	ssnc-10q_20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 46 Cash Flow Statement 87 Stockholders Equity 26

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.60M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.20M	USD	Point-in-time
Accumulated amortization of finite-lived intangible assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$2.02B	USD	Point-in-time
Accumulated amortization of finite-lived intangible assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$2.16B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$373.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$152.80M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Funds receivable and funds held on behalf of clients	`FundsReceivableAndFundsHeldOnBehalfOfClients`	$1.73B	USD	Point-in-time
Funds receivable and funds held on behalf of clients	`FundsReceivableAndFundsHeldOnBehalfOfClients`	$1.07B	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
Accounts receivable, net of allowance for doubtful accounts of $14.6 and $13.2, respectively	`AccountsReceivableNetCurrent`	$669.70M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $14.6 and $13.2, respectively	`AccountsReceivableNetCurrent`	$686.60M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetCurrent`	$20.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetCurrent`	$27.70M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$204.50M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$167.30M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	259.00M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$9.00M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.30M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.60M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	257.60M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.79B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.34B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	254.60M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	256.10M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.90M	shares	Point-in-time
Property, plant and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$466.40M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.90M	shares	Point-in-time
Property, plant and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$436.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$375.30M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$358.00M	USD	Point-in-time
Investments (Note 3)	`LongTermInvestmentsExcludingInvestmentsInUnconsolidatedAffiliates`	$175.50M	USD	Point-in-time
Investments (Note 3)	`LongTermInvestmentsExcludingInvestmentsInUnconsolidatedAffiliates`	$160.10M	USD	Point-in-time
Unconsolidated affiliates (Note 4)	`EquityMethodInvestments`	$228.20M	USD	Point-in-time
Unconsolidated affiliates (Note 4)	`EquityMethodInvestments`	$234.80M	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetNoncurrent`	$78.60M	USD	Point-in-time
Contract asset	`ContractWithCustomerAssetNetNoncurrent`	$78.60M	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$7.96B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$7.86B	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $2,159.9 and $2,022.0, respectively	`IntangibleAssetsNetAndOtherAssetsExcludingGoodwill`	$4.68B	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $2,159.9 and $2,022.0, respectively	`IntangibleAssetsNetAndOtherAssetsExcludingGoodwill`	$4.50B	USD	Point-in-time
Total assets	`Assets`	$15.97B	USD	Point-in-time
Total assets	`Assets`	$16.74B	USD	Point-in-time
Current portion of long-term debt (Note 7)	`LongTermDebtCurrent`	$320.00M	USD	Point-in-time
Current portion of long-term debt (Note 7)	`LongTermDebtCurrent`	$76.30M	USD	Point-in-time
Client funds obligations	`ClientFundsObligationsCurrent`	$1.07B	USD	Point-in-time
Client funds obligations	`ClientFundsObligationsCurrent`	$1.73B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$36.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$42.80M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$13.30M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$7.90M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$163.40M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$290.60M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$200.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$27.60M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$268.40M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$253.90M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$348.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$333.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.78B	USD	Point-in-time
Long-term debt, net of current portion (Note 7)	`LongTermDebtNoncurrent`	$7.08B	USD	Point-in-time
Long-term debt, net of current portion (Note 7)	`LongTermDebtNoncurrent`	$6.99B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$348.60M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$331.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$317.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$333.70M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.09B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.04B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.89B	USD	Point-in-time
Total liabilities	`Liabilities`	$11.62B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`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`	$2.60M	USD	Point-in-time
Common stock	`CommonStockValue`	$2.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.32B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.27B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-406.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-253.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.18B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.25B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$5.19B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$5.17B	USD	Point-in-time
Less: cost of common stock in treasury, 2.9 million shares	`TreasuryStockValue`	$78.30M	USD	Point-in-time
Less: cost of common stock in treasury, 2.9 million shares	`TreasuryStockValue`	$78.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.73B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.09B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$16.74B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$15.97B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.17B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.14B	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$665.60M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$661.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$475.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$508.00M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$91.40M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$87.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$94.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$104.90M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$92.90M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$91.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$273.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$289.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$218.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$202.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-77.40M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-101.60M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-15.30M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$3.50M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$700.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-7.10M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$96.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$124.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$24.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$16.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$99.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.80M	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	255.30M	shares	1 Quarter
Basic weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	251.50M	shares	1 Quarter
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	263.70M	shares	1 Quarter
Diluted weighted average number of common and common equivalent shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	265.60M	shares	1 Quarter
Net income	`NetIncomeLoss`	$99.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.80M	USD	1 Quarter
Change in unrealized loss on interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-2.40M	USD	1 Quarter
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$41.80M	USD	1 Quarter
Foreign currency exchange translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-150.70M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$41.80M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-153.10M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-53.90M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$122.60M	USD	1 Quarter

Cash Flow Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$99.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$202.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$184.70M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$700.00K	USD	1 Quarter
Cash distributions received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$2.00M	USD	1 Quarter
Cash distributions received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$100.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$22.50M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$20.40M	USD	1 Quarter
Net losses (gains) on investments	`GainLossOnInvestments`	$7.70M	USD	1 Quarter
Net losses (gains) on investments	`GainLossOnInvestments`	$-11.30M	USD	1 Quarter
Amortization and write-offs of loan origination costs and original issue discounts	`AmortizationOfFinancingCostsAndDiscounts`	$4.30M	USD	1 Quarter
Amortization and write-offs of loan origination costs and original issue discounts	`AmortizationOfFinancingCostsAndDiscounts`	$3.50M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtExcludingPaymentsRelatingToFinancingActivities`	$-400.00K	USD	1 Quarter
Loss on sale or disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.70M	USD	1 Quarter
Loss on sale or disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.50M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$29.60M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$32.30M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$600.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.30M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$27.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.90M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-21.90M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-13.20M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractAssets`	$-4.20M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractAssets`	$10.50M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.40M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.60M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-161.80M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-171.00M	USD	1 Quarter
Income taxes prepaid and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$38.10M	USD	1 Quarter
Income taxes prepaid and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-16.60M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.10M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$14.80M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$137.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$147.70M	USD	1 Quarter
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-3.20M	USD	1 Quarter
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$16.30M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.50M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.30M	USD	1 Quarter
Additions to capitalized software	`PaymentsToAcquireSoftware`	$16.40M	USD	1 Quarter
Additions to capitalized software	`PaymentsToAcquireSoftware`	$18.00M	USD	1 Quarter
Investments in securities	`PaymentsToAcquireInvestments`	$40.00M	USD	1 Quarter
Proceeds from sales / maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$10.80M	USD	1 Quarter
Proceeds from sales / maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$6.90M	USD	1 Quarter
Collection of other non-current receivables	`ProceedsFromCollectionOfOtherNonCurrentReceivables`	$2.60M	USD	1 Quarter
Collection of other non-current receivables	`ProceedsFromCollectionOfOtherNonCurrentReceivables`	$2.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.10M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.30M	USD	1 Quarter
Cash received from debt borrowings	`ProceedsFromIssuanceOfDebt`	$2.14B	USD	1 Quarter
Cash received from debt borrowings	`ProceedsFromIssuanceOfDebt`	$246.00M	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$2.28B	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$95.90M	USD	1 Quarter
Fees paid for debt extinguishment and refinancing activities	`PaymentsForDebtExtinguishmentAndRefinancingActivities`	$4.60M	USD	1 Quarter
Net decrease in client funds obligations	`IncreaseDecreaseInClientFundsObligationsNet`	$-670.70M	USD	1 Quarter
Net decrease in client funds obligations	`IncreaseDecreaseInClientFundsObligationsNet`	$-79.30M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$38.10M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$45.10M	USD	1 Quarter
Withholding taxes paid related to equity award net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.30M	USD	1 Quarter
Withholding taxes paid related to equity award net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.50M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$25.20M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$25.20M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$31.90M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-517.70M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-211.90M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$700.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-7.10M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-89.90M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-450.40M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.02B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.79B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.34B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.11B	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.02B	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.79B	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.34B	USD	Point-in-time
Cash, cash equivalents and restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$373.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$152.80M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$9.00M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.30M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.60M	USD	Point-in-time
Funds receivable and funds held on behalf of clients	`FundsReceivableAndFundsHeldOnBehalfOfClientsRestricted`	$957.00M	USD	Point-in-time
Funds receivable and funds held on behalf of clients	`FundsReceivableAndFundsHeldOnBehalfOfClientsRestricted`	$863.20M	USD	Point-in-time
Cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.34B	USD	Point-in-time
Cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$4.73B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.58B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.12B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.09B	USD	Point-in-time
Beginning balance, shares	`CommonStockSharesIssued`	259.00M	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesIssued`	257.60M	shares	Point-in-time
Net income	`NetIncomeLoss`	$99.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.80M	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-150.70M	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$41.80M	USD	1 Quarter
Net change in interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-2.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.50M	USD	1 Quarter
Exercise of options, net of withholding taxes	`StockIssuedDuringPeriodValueStockOptionsExercised`	$35.60M	USD	1 Quarter
Exercise of options, net of withholding taxes	`StockIssuedDuringPeriodValueStockOptionsExercised`	$34.80M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$31.90M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$25.20M	USD	1 Quarter
Other	`StockholdersEquityOther`	$100.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$4.73B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.58B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.12B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.09B	USD	Point-in-time
Ending balance, shares	`CommonStockSharesIssued`	259.00M	shares	Point-in-time
Ending balance, shares	`CommonStockSharesIssued`	257.60M	shares	Point-in-time

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