10-Q Filing

PTC INC. CIK: 857005 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-040209`
Period End Date	20210630
Filing Date	20210803
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	ptc-10q_20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 76 Cash Flow Statement 85 Stockholders Equity 42 Comprehensive Income 48

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$365.76M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$368.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$275.46M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$543.00K	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
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $368 and $543 at June 30, 2021 and September 30, 2020, respectively	`AccountsReceivableNetCurrent`	$415.22M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $368 and $543 at June 30, 2021 and September 30, 2020, respectively	`AccountsReceivableNetCurrent`	$432.98M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$69.41M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$73.54M	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`	$46.22M	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
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$833.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$918.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$101.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$93.66M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.12M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.28M	shares	Point-in-time
Goodwill	`Goodwill`	$2.20B	USD	Point-in-time
Goodwill	`Goodwill`	$1.63B	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$237.57M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.28M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.12M	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$394.68M	USD	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`	$190.96M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$178.09M	USD	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$149.93M	USD	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$147.43M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$212.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$276.55M	USD	Point-in-time
Total assets	`Assets`	$4.21B	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`	$23.45M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$96.31M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$114.57M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$101.09M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$111.90M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$10.33M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$7.01M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$416.80M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$460.84M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$25.12M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$34.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$746.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$680.76M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.01B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.48B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$11.54M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$12.43M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$9.66M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$12.78M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$178.01M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$180.39M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$55.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$53.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.48B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.94B	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; 117,280 and 116,125 shares issued and outstanding at June 30, 2021 and September 30, 2020, respectively	`CommonStockValue`	$1.17M	USD	Point-in-time
Common stock, $0.01 par value; 500,000 shares authorized; 117,280 and 116,125 shares issued and outstanding at June 30, 2021 and September 30, 2020, respectively	`CommonStockValue`	$1.16M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.60B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.69B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$121.71M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-62.27M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-92.83M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-103.37M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.27B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.65B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.72B	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`	$4.21B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$435.67M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$351.72M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.33B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.07B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$249.66M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$271.36M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$95.08M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$79.22M	USD	1 Quarter
Gross margin	`GrossProfit`	$817.78M	USD	3 Qtrs
Gross margin	`GrossProfit`	$340.59M	USD	1 Quarter
Gross margin	`GrossProfit`	$1.06B	USD	3 Qtrs
Gross margin	`GrossProfit`	$272.50M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$104.59M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$388.31M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$134.41M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$319.64M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$186.69M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$221.51M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$61.43M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$78.13M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$47.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$113.89M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$157.42M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$35.71M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$7.30M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$21.37M	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$7.51M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$21.71M	USD	3 Qtrs
Restructuring and other charges (credits), net	`RestructuringCostsAndAssetImpairmentCharges`	$584.00K	USD	3 Qtrs
Restructuring and other charges (credits), net	`RestructuringCostsAndAssetImpairmentCharges`	$32.34M	USD	3 Qtrs
Restructuring and other charges (credits), net	`RestructuringCostsAndAssetImpairmentCharges`	$62.00K	USD	1 Quarter
Restructuring and other charges (credits), net	`RestructuringCostsAndAssetImpairmentCharges`	$-132.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$789.54M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$209.10M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$267.01M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$673.93M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$265.61M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$73.58M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$143.85M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$63.40M	USD	1 Quarter
Interest and debt premium expense	`InterestExpense`	$19.66M	USD	1 Quarter
Interest and debt premium expense	`InterestExpense`	$13.18M	USD	1 Quarter
Interest and debt premium expense	`InterestExpense`	$64.38M	USD	3 Qtrs
Interest and debt premium expense	`InterestExpense`	$37.62M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.76M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-150.00K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-1.94M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$775.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$79.33M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$44.52M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$222.23M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.84M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.27M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$38.25M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.04M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$51.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$183.98M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$77.29M	USD	3 Qtrs
Earnings per shareBasic	`EarningsPerShareBasic`	$1.58	USD	3 Qtrs
Earnings per shareBasic	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$0.67	USD	3 Qtrs
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.67	USD	3 Qtrs
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Earnings per shareDiluted	`EarningsPerShareDiluted`	$1.56	USD	3 Qtrs
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	115.52M	shares	3 Qtrs
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	116.70M	shares	3 Qtrs
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	116.93M	shares	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	115.76M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.61M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.18M	shares	3 Qtrs
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	116.23M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.98M	shares	3 Qtrs

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$51.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$183.98M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$77.29M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$62.67M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$60.68M	USD	3 Qtrs
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortization`	$29.47M	USD	3 Qtrs
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortization`	$28.03M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$133.90M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$25.18M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$73.61M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$43.07M	USD	1 Quarter
Other non-cash items, net	`OtherNoncashIncomeExpense`	$2.79M	USD	3 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$1.11M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.11M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-54.66M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.25M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$15.83M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$121.00K	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$878.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$30.73M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$3.36M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-13.52M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-44.45M	USD	3 Qtrs
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-15.31M	USD	3 Qtrs
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-426.00K	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-8.87M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-13.11M	USD	3 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$63.56M	USD	3 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$100.36M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$199.83M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$323.49M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.41M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.66M	USD	3 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireMarketableSecurities`	$7.56M	USD	3 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireMarketableSecurities`	$26.09M	USD	3 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$56.17M	USD	3 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$1.52M	USD	3 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$56.20M	USD	1 Quarter
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$9.86M	USD	3 Qtrs
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$24.27M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$717.78M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$468.52M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$550.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$11.05M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$1.73M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$3.29M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-497.01M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-674.81M	USD	3 Qtrs
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.00B	USD	3 Qtrs
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$600.00M	USD	3 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$455.00M	USD	3 Qtrs
Repayments of Senior Notes	`RepaymentsOfSeniorDebt`	$500.00M	USD	3 Qtrs
Repayments of Senior Notes	`RepaymentsOfSeniorDebt`	-	USD	3 Qtrs
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	$490.12M	USD	3 Qtrs
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	$128.00M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.48M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.98M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$17.08M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Debt early redemption premium	`PaymentsOfDebtExtinguishmentCosts`	$15.00M	USD	3 Qtrs
Debt early redemption premium	`PaymentsOfDebtExtinguishmentCosts`	-	USD	3 Qtrs
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.23M	USD	3 Qtrs
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$42.22M	USD	3 Qtrs
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	-	USD	3 Qtrs
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	-	USD	1 Quarter
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	-	USD	1 Quarter
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	$279.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$408.54M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$439.99M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.65M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.13M	USD	3 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$107.24M	USD	3 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$90.31M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.69M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$366.27M	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`	$377.93M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.69M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$366.27M	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`	$377.93M	USD	Point-in-time
Withholding taxes in connection with stock-based awards, accrued	`WithholdingTaxesInConnectionWithStockBasedAwardsAccrued`	$-9.98M	USD	3 Qtrs
Withholding taxes in connection with stock-based awards, accrued	`WithholdingTaxesInConnectionWithStockBasedAwardsAccrued`	-	USD	3 Qtrs

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.27B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.65B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.72B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	117.28M	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`	$52.19M	USD	3 Qtrs
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$24.95M	USD	1 Quarter
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$9.66M	USD	1 Quarter
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$33.23M	USD	3 Qtrs
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$10.48M	USD	3 Qtrs
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.98M	USD	3 Qtrs
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.07M	USD	1 Quarter
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.18M	USD	1 Quarter
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$133.90M	USD	3 Qtrs
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$73.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$51.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$183.98M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$77.29M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.58M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.68M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.09M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$6.46M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$822.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-307.00K	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$278.00K	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.33M	USD	3 Qtrs
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-521.00K	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.83M	USD	3 Qtrs
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-447.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.27B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.65B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.72B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	117.28M	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`	$51.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.68M	USD	1 Quarter
Hedge loss arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$183.98M	USD	3 Qtrs
Hedge loss arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	-	USD	3 Qtrs
Hedge loss arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	$-400.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.29M	USD	3 Qtrs
Hedge loss arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	$-1.20M	USD	3 Qtrs
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 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	3 Qtrs
Hedge loss arising during the period, net of tax of $0 million and $0.4 million in the third quarter of 2021 and 2020, respectively, and $0 million and $1.2 million in the first nine months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$-1.80M	USD	1 Quarter
Hedge loss arising during the period, net of tax of $0 million and $0.4 million in the third quarter of 2021 and 2020, respectively, and $0 million and $1.2 million in the first nine months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$-1.56M	USD	3 Qtrs
Hedge loss arising during the period, net of tax of $0 million and $0.4 million in the third quarter of 2021 and 2020, respectively, and $0 million and $1.2 million in the first nine months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$-1.15M	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	3 Qtrs
Unrealized gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	3 Qtrs
Unrealized gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Hedge loss arising during the period, net of tax of $0 million and $0.4 million in the third quarter of 2021 and 2020, respectively, and $0 million and $1.2 million in the first nine months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$-3.79M	USD	3 Qtrs
Unrealized gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.58M	USD	3 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.68M	USD	3 Qtrs
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-900.00K	USD	3 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.09M	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
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$6.46M	USD	1 Quarter
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-800.00K	USD	3 Qtrs
Unrealized gain (loss) on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$822.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-307.00K	USD	3 Qtrs
Unrealized gain (loss) on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$278.00K	USD	3 Qtrs
Unrealized gain (loss) on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	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 third quarter of 2021 and 2020, respectively, and $0.9 million and $0.8 million in the first nine months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-738.00K	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 third quarter of 2021 and 2020, respectively, and $0.9 million and $0.8 million in the first nine months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-673.00K	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 third quarter of 2021 and 2020, respectively, and $0.9 million and $0.8 million in the first nine months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-2.03M	USD	3 Qtrs
Amortization of net actuarial pension loss included in net income, net of tax of $0.3 million and $0.3 million in the third quarter of 2021 and 2020, respectively, and $0.9 million and $0.8 million in the first nine months of 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-2.21M	USD	3 Qtrs
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-152.00K	USD	1 Quarter
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-291.00K	USD	1 Quarter
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-693.00K	USD	3 Qtrs
Change in unamortized pension loss during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-385.00K	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.54M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.28M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.11M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$499.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.79M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$194.52M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$56.31M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$37.96M	USD	1 Quarter

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