10-Q Filing

PTC INC. CIK: 857005 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-023320`
Period End Date	20210331
Filing Date	20210504
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	ptc-10q_20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 76 Cash Flow Statement 77 Stockholders Equity 44 Comprehensive Income 48

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$543.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$275.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$326.08M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$520.00K	USD	Point-in-time
Short-term marketable securities	`AvailableForSaleSecuritiesCurrent`	-	USD	Point-in-time
Short-term marketable securities	`AvailableForSaleSecuritiesCurrent`	$28.13M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $520 and $543 at March 31, 2021 and September 30, 2020, respectively	`AccountsReceivableNetCurrent`	$415.22M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $520 and $543 at March 31, 2021 and September 30, 2020, respectively	`AccountsReceivableNetCurrent`	$434.53M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$69.41M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$86.72M	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
Other current assets	`OtherAssetsCurrent`	$45.23M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$54.43M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$901.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$833.45M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$101.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$97.26M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.86M	shares	Point-in-time
Goodwill	`Goodwill`	$1.63B	USD	Point-in-time
Goodwill	`Goodwill`	$2.19B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.12M	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$410.31M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.86M	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$237.57M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.12M	shares	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesNoncurrent`	-	USD	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$30.97M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$182.18M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$190.96M	USD	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$148.68M	USD	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$149.93M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$247.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$212.57M	USD	Point-in-time
Total assets	`Assets`	$4.18B	USD	Point-in-time
Total assets	`Assets`	$3.38B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.23M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$96.31M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$124.24M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$101.09M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$94.64M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$7.01M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$16.71M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$480.86M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$416.80M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$34.63M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$28.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$766.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$680.76M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.51B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.01B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$12.43M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$11.27M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$11.56M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$9.66M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$178.25M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$180.39M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$54.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$55.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.94B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.53B	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000 shares authorized; 116,855 and 116,125 shares issued and outstanding at March 31, 2021 and September 30, 2020, respectively	`CommonStockValue`	$1.17M	USD	Point-in-time
Common stock, $0.01 par value; 500,000 shares authorized; 116,855 and 116,125 shares issued and outstanding at March 31, 2021 and September 30, 2020, respectively	`CommonStockValue`	$1.16M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.68B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.60B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-62.27M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$70.51M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-103.37M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-97.94M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.25B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.65B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.27B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.38B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.18B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$890.84M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$715.71M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$461.79M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$359.60M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$89.45M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$176.28M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$170.43M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$83.03M	USD	1 Quarter
Gross margin	`GrossProfit`	$714.56M	USD	2 Qtrs
Gross margin	`GrossProfit`	$276.58M	USD	1 Quarter
Gross margin	`GrossProfit`	$372.34M	USD	1 Quarter
Gross margin	`GrossProfit`	$545.28M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$129.18M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$107.44M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$253.90M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$215.04M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$72.55M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$59.95M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$125.26M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$143.38M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$60.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$78.19M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$110.33M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$33.63M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$14.06M	USD	2 Qtrs
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$7.29M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$14.20M	USD	2 Qtrs
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$7.65M	USD	1 Quarter
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$716.00K	USD	2 Qtrs
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$18.24M	USD	1 Quarter
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$32.28M	USD	2 Qtrs
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$469.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$464.83M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$226.55M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$522.53M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$270.65M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$192.03M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$80.45M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$101.69M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$50.02M	USD	1 Quarter
Interest and debt premium expense	`InterestExpense`	$12.93M	USD	1 Quarter
Interest and debt premium expense	`InterestExpense`	$44.72M	USD	2 Qtrs
Interest and debt premium expense	`InterestExpense`	$32.62M	USD	1 Quarter
Interest and debt premium expense	`InterestExpense`	$24.44M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-1.63M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-925.00K	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-3.82M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-2.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$86.36M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$34.81M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$163.76M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-22.91M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$8.62M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$30.99M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-7.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$132.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.26M	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$1.14	USD	2 Qtrs
Earnings per shareBasic	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$0.37	USD	2 Qtrs
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.37	USD	2 Qtrs
Earnings per shareDiluted	`EarningsPerShareDiluted`	$1.13	USD	2 Qtrs
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	116.59M	shares	2 Qtrs
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	116.78M	shares	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	115.61M	shares	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	115.40M	shares	2 Qtrs
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.86M	shares	2 Qtrs
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	116.02M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.33M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.97M	shares	2 Qtrs

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$42.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$132.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.17M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.19M	USD	2 Qtrs
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortization`	$18.96M	USD	2 Qtrs
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortization`	$19.14M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$44.74M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$90.83M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$20.48M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$48.42M	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$1.70M	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$720.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-20.19M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.85M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.58M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.14M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.04M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.63M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$52.21M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$17.39M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-43.81M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.94M	USD	2 Qtrs
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.05M	USD	2 Qtrs
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-681.00K	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-671.00K	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-9.98M	USD	2 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$56.04M	USD	2 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$49.07M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$235.45M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$95.33M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.24M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.24M	USD	2 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireMarketableSecurities`	$7.56M	USD	2 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireMarketableSecurities`	$10.15M	USD	2 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfMarketableSecurities`	-	USD	2 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$56.20M	USD	1 Quarter
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$56.17M	USD	2 Qtrs
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$9.86M	USD	2 Qtrs
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$9.97M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$468.52M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$717.20M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$3.35M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.20M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-670.32M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-476.74M	USD	2 Qtrs
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.00B	USD	2 Qtrs
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$455.00M	USD	2 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$600.00M	USD	2 Qtrs
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	$480.00M	USD	2 Qtrs
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	$98.00M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.48M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.98M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$16.27M	USD	2 Qtrs
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.57M	USD	2 Qtrs
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$27.24M	USD	2 Qtrs
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	-	USD	2 Qtrs
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	$279.00K	USD	2 Qtrs
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	-	USD	1 Quarter
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$484.96M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$944.14M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-5.74M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$543.00K	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$50.64M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$556.99M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$827.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$326.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$275.96M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.69M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$827.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$326.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$275.96M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.69M	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.25B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.65B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.27B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	116.86M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	116.12M	shares	Point-in-time
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$27.24M	USD	2 Qtrs
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$23.57M	USD	2 Qtrs
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$1.81M	USD	1 Quarter
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$722.00K	USD	1 Quarter
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$10.48M	USD	1 Quarter
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.98M	USD	1 Quarter
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$10.48M	USD	2 Qtrs
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.98M	USD	2 Qtrs
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$90.83M	USD	2 Qtrs
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$48.42M	USD	2 Qtrs
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.48M	USD	1 Quarter
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$42.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$132.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.26M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.56M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-412.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-15.85M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.12M	USD	2 Qtrs
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-537.00K	USD	1 Quarter
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-544.00K	USD	2 Qtrs
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-307.00K	USD	2 Qtrs
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.38M	USD	2 Qtrs
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-761.00K	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.76M	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-813.00K	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$1.25B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.65B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.27B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	116.86M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	116.12M	shares	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$42.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$132.78M	USD	2 Qtrs
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	$-900.00K	USD	2 Qtrs
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	$-200.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.26M	USD	1 Quarter
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	-	USD	1 Quarter
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	-	USD	2 Qtrs
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Hedge gain (loss) arising during the period, net of tax of $0 million and $0.2 million in the second quarter of 2021 and 2020, respectively, and $0 million and $0.9 million in the first six months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$-2.64M	USD	2 Qtrs
Unrealized loss on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized loss on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Hedge gain (loss) arising during the period, net of tax of $0 million and $0.2 million in the second quarter of 2021 and 2020, respectively, and $0 million and $0.9 million in the first six months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$7.02M	USD	1 Quarter
Hedge gain (loss) arising during the period, net of tax of $0 million and $0.2 million in the second quarter of 2021 and 2020, respectively, and $0 million and $0.9 million in the first six months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$701.00K	USD	1 Quarter
Unrealized loss on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized loss on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Hedge gain (loss) arising during the period, net of tax of $0 million and $0.2 million in the second quarter of 2021 and 2020, respectively, and $0 million and $0.9 million in the first six months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$238.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.56M	USD	1 Quarter
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-300.00K	USD	1 Quarter
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-300.00K	USD	1 Quarter
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-600.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-412.00K	USD	2 Qtrs
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-600.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-15.85M	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.12M	USD	2 Qtrs
Unrealized loss on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized loss on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-537.00K	USD	1 Quarter
Unrealized loss on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-544.00K	USD	2 Qtrs
Unrealized loss on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-307.00K	USD	2 Qtrs
Amortization of net actuarial pension loss included in net income, net of tax of $0.3 million and $0.3 million in the second quarter of 2021 and 2020, respectively, and $0.6 million and $0.6 million in the first six months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-1.35M	USD	2 Qtrs
Amortization of net actuarial pension loss included in net income, net of tax of $0.3 million and $0.3 million in the second quarter of 2021 and 2020, respectively, and $0.6 million and $0.6 million in the first six months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-1.48M	USD	2 Qtrs
Amortization of net actuarial pension loss included in net income, net of tax of $0.3 million and $0.3 million in the second quarter of 2021 and 2020, respectively, and $0.6 million and $0.6 million in the first six months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-680.00K	USD	1 Quarter
Amortization of net actuarial pension loss included in net income, net of tax of $0.3 million and $0.3 million in the second quarter of 2021 and 2020, respectively, and $0.6 million and $0.6 million in the first six months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-744.00K	USD	1 Quarter
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-541.00K	USD	2 Qtrs
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$81.00K	USD	1 Quarter
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$1.02M	USD	1 Quarter
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-94.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.79M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.63M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.44M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.07M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$138.21M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.48M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$39.83M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$102.19M	USD	1 Quarter

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