10-Q Filing

PTC INC. CIK: 857005 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001564590-22-003975`
Period End Date	20211231
Filing Date	20220207
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	ptc-10q_20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 38 Cash Flow Statement 72 Stockholders Equity 28 Comprehensive Income 24

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$326.53M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$295.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$296.12M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$304.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $295 and $304 at December 31, 2021 and September 30, 2021, respectively	`AccountsReceivableNetCurrent`	$478.67M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $295 and $304 at December 31, 2021 and September 30, 2021, respectively	`AccountsReceivableNetCurrent`	$541.07M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$69.99M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$89.47M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$135.41M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$145.05M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.01B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.07B	USD	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$100.24M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$96.85M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Goodwill	`Goodwill`	$2.19B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Goodwill	`Goodwill`	$2.19B	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$363.88M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.16M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.87M	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$378.97M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.16M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.87M	shares	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$297.79M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$292.17M	USD	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$152.34M	USD	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$150.26M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$313.33M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$318.26M	USD	Point-in-time
Total assets	`Assets`	$4.42B	USD	Point-in-time
Total assets	`Assets`	$4.51B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$32.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$33.38M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$132.81M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$113.07M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$119.93M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$117.78M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$2.87M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$5.05M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$482.13M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$464.91M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$26.55M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$27.86M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$779.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$779.28M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.44B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.44B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.28M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.17M	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$16.16M	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$15.55M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$179.49M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$180.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$46.89M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$49.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.47B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.47B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`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; 116,870 and 117,163 shares issued and outstanding at December 31, 2021 and September 30, 2021, respectively	`CommonStockValue`	$1.17M	USD	Point-in-time
Common stock, $0.01 par value; 500,000 shares authorized; 116,870 and 117,163 shares issued and outstanding at December 31, 2021 and September 30, 2021, respectively	`CommonStockValue`	$1.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.59B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.72B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$414.66M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$460.75M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-95.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-98.39M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.04B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.95B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.42B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.51B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$457.72M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$429.05M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$86.83M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$95.12M	USD	1 Quarter
Gross margin	`GrossProfit`	$362.60M	USD	1 Quarter
Gross margin	`GrossProfit`	$342.22M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$124.72M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$125.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$80.53M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$70.83M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$51.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$49.53M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$8.48M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$6.55M	USD	1 Quarter
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$247.00K	USD	1 Quarter
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$33.99M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$300.43M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$251.88M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$90.34M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$62.18M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.99M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.52M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$6.18M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-1.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$55.38M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$53.89M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.09M	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	116.40M	shares	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	117.35M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.60M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.61M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$23.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.09M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.09M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.84M	USD	1 Quarter
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortization`	$8.86M	USD	1 Quarter
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortization`	$9.39M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$46.09M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$45.94M	USD	1 Quarter
Gain on investment	`GainLossOnInvestments`	-	USD	1 Quarter
Gain on investment	`GainLossOnInvestments`	$9.77M	USD	1 Quarter
Other non-cash items, net	`OtherNoncashIncomeExpense`	$273.00K	USD	1 Quarter
Other non-cash items, net	`OtherNoncashIncomeExpense`	$331.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.31M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-57.32M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$12.96M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$12.38M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$2.85M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.25M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-851.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-13.70M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.33M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$44.54M	USD	1 Quarter
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.29M	USD	1 Quarter
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.47M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-9.50M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.34M	USD	1 Quarter
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$35.65M	USD	1 Quarter
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$10.49M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$137.74M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$113.76M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.36M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.86M	USD	1 Quarter
Purchases of short- and long-term marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	1 Quarter
Purchases of short- and long-term marketable securities	`PaymentsToAcquireMarketableSecurities`	$7.56M	USD	1 Quarter
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$56.17M	USD	1 Quarter
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfMarketableSecurities`	-	USD	1 Quarter
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	-	USD	1 Quarter
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$9.86M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireOtherInvestments`	-	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireOtherInvestments`	$1.00M	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$450.00K	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$550.00K	USD	1 Quarter
Settlement of net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$7.36M	USD	1 Quarter
Settlement of net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$-6.47M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.66M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$46.70M	USD	1 Quarter
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	$18.00M	USD	1 Quarter
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$119.74M	USD	1 Quarter
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.50M	USD	1 Quarter
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$49.16M	USD	1 Quarter
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	$279.00K	USD	1 Quarter
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	$239.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.78M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-169.14M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$5.55M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.66M	USD	1 Quarter
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-30.41M	USD	1 Quarter
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$123.24M	USD	1 Quarter
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.64M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$399.20M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.64M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$399.20M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$275.96M	USD	Point-in-time
Withholding taxes in connection with stock-based awards, accrued	`WithholdingTaxesInConnectionWithStockBasedAwardsAccrued`	$931.00K	USD	1 Quarter
Withholding taxes in connection with stock-based awards, accrued	`WithholdingTaxesInConnectionWithStockBasedAwardsAccrued`	-	USD	1 Quarter
Repurchases of common stock, accrued	`RepurchasesOfCommonStockAccrued`	$5.26M	USD	1 Quarter
Repurchases of common stock, accrued	`RepurchasesOfCommonStockAccrued`	-	USD	1 Quarter

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$2.04B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.95B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	117.16M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	116.87M	shares	Point-in-time
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$25.43M	USD	1 Quarter
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$49.16M	USD	1 Quarter
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$46.09M	USD	1 Quarter
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.94M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$125.00M	USD	1 Quarter
Repurchases of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.00M	shares	1 Quarter
Net income	`NetIncomeLoss`	$23.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.09M	USD	1 Quarter
Unrealized gain (loss) on net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax`	$-6.78M	USD	1 Quarter
Unrealized gain (loss) on net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax`	$2.50M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.67M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$19.98M	USD	1 Quarter
Unrealized loss on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized loss on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-307.00K	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$380.00K	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-650.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.04B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.95B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	117.16M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	116.87M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	$-800.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.09M	USD	1 Quarter
Hedge gain (loss) arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	-	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Unrealized gain (loss) on marketable securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Hedge gain (loss) arising during the period, net of tax of $0.8 million and $0 million in the first quarter of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$2.50M	USD	1 Quarter
Unrealized gain (loss) on marketable securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Hedge gain (loss) arising during the period, net of tax of $0.8 million and $0 million in the first quarter of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$-6.78M	USD	1 Quarter
Amortization of net actuarial pension loss included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-300.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.67M	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$19.98M	USD	1 Quarter
Amortization of net actuarial pension loss included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-100.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-307.00K	USD	1 Quarter
Amortization of net actuarial pension loss included in net income, net of tax of $0.1 million and $0.3 million in the first quarter of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-265.00K	USD	1 Quarter
Amortization of net actuarial pension loss included in net income, net of tax of $0.1 million and $0.3 million in the first quarter of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-732.00K	USD	1 Quarter
Change in unamortized pension gain (loss) during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-1.11M	USD	1 Quarter
Change in unamortized pension gain (loss) during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$385.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$12.51M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.52M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.57M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$36.02M	USD	1 Quarter

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