10-Q Filing

PTC INC. CIK: 857005 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001564590-22-018300`
Period End Date	20220331
Filing Date	20220505
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	ptc-10q_20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 76 Cash Flow Statement 83 Stockholders Equity 48 Comprehensive Income 48

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$304.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$326.53M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$733.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$306.70M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $733 and $304 at March 31, 2022 and September 30, 2021, respectively	`AccountsReceivableNetCurrent`	$541.07M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $733 and $304 at March 31, 2022 and September 30, 2021, respectively	`AccountsReceivableNetCurrent`	$510.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$69.99M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$88.92M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$61.15M	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
Total current assets	`AssetsCurrent`	$966.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.07B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
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`	$92.90M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.98M	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$355.36M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$378.97M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.16M	shares	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$297.79M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$299.38M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.98M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.16M	shares	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$152.34M	USD	Point-in-time
Operating right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$149.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$327.97M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$313.33M	USD	Point-in-time
Total assets	`Assets`	$4.38B	USD	Point-in-time
Total assets	`Assets`	$4.51B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$33.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.74M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$102.12M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherLiabilityCurrent`	$113.07M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$99.16M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$117.78M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$15.05M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$5.05M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$516.93M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$482.13M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$27.86M	USD	Point-in-time
Short-term lease obligations	`OperatingLeaseLiabilityCurrent`	$25.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$779.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$782.38M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.27B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.44B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.16M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.17M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$17.75M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$15.55M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$178.62M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$180.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$46.09M	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`	$2.29B	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; 116,976 and 117,163 shares issued and outstanding at March 31, 2022 and September 30, 2021, respectively	`CommonStockValue`	$1.17M	USD	Point-in-time
Common stock, $0.01 par value; 500,000 shares authorized; 116,976 and 117,163 shares issued and outstanding at March 31, 2022 and September 30, 2021, respectively	`CommonStockValue`	$1.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.64B	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`	$550.42M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-95.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-105.25M	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`	$2.04B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.95B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.08B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.51B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.38B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$505.23M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$962.95M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$461.79M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$890.84M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$89.45M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$188.46M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$93.34M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$176.28M	USD	2 Qtrs
Gross margin	`GrossProfit`	$411.89M	USD	1 Quarter
Gross margin	`GrossProfit`	$714.56M	USD	2 Qtrs
Gross margin	`GrossProfit`	$774.49M	USD	2 Qtrs
Gross margin	`GrossProfit`	$372.34M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$241.88M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$253.90M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$129.18M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$116.41M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$143.38M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$72.55M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$162.47M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$81.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$110.33M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$47.47M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$99.41M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$60.80M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$7.65M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$14.20M	USD	2 Qtrs
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$8.45M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfAcquiredIntangibleAssetsExcludingPurchasedSoftware`	$16.93M	USD	2 Qtrs
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$-1.56M	USD	1 Quarter
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$716.00K	USD	2 Qtrs
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$32.43M	USD	2 Qtrs
Restructuring and other charges, net	`RestructuringCostsAndAssetImpairmentCharges`	$469.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$553.12M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$522.53M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$252.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$270.65M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$192.03M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$101.69M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$159.19M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$221.37M	USD	2 Qtrs
Interest and debt premium expense	`InterestExpense`	$12.93M	USD	1 Quarter
Interest and debt premium expense	`InterestExpense`	$25.23M	USD	2 Qtrs
Interest and debt premium expense	`InterestExpense`	$24.44M	USD	2 Qtrs
Interest and debt premium expense	`InterestExpense`	$12.24M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-3.82M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-43.38M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-37.20M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-2.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$103.57M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$86.36M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$163.76M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$158.94M	USD	2 Qtrs
Provision(benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-22.91M	USD	1 Quarter
Provision(benefit) for income taxes	`IncomeTaxExpenseBenefit`	$30.99M	USD	2 Qtrs
Provision(benefit) for income taxes	`IncomeTaxExpenseBenefit`	$13.89M	USD	1 Quarter
Provision(benefit) for income taxes	`IncomeTaxExpenseBenefit`	$23.17M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$132.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$135.77M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$89.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.26M	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$0.77	USD	1 Quarter
Earnings per shareBasic	`EarningsPerShareBasic`	$1.16	USD	2 Qtrs
Earnings per shareBasic	`EarningsPerShareBasic`	$1.14	USD	2 Qtrs
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Earnings per shareDiluted	`EarningsPerShareDiluted`	$1.15	USD	2 Qtrs
Earnings per shareDiluted	`EarningsPerShareDiluted`	$1.13	USD	2 Qtrs
Earnings per shareDiluted	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	117.14M	shares	2 Qtrs
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	116.78M	shares	1 Quarter
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	116.59M	shares	2 Qtrs
Weighted-average shares outstandingBasic	`WeightedAverageNumberOfSharesOutstandingBasic`	117.01M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.16M	shares	2 Qtrs
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.33M	shares	1 Quarter
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.97M	shares	2 Qtrs
Weighted-average shares outstandingDiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.81M	shares	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$132.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$135.77M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$89.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.17M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$43.47M	USD	2 Qtrs
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$18.96M	USD	2 Qtrs
Amortization of right-of-use lease assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$17.54M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$90.83M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$37.92M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$83.86M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$44.74M	USD	1 Quarter
Loss on investment	`GainLossOnInvestments`	$-34.85M	USD	2 Qtrs
Loss on investment	`GainLossOnInvestments`	-	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$720.00K	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$110.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.31M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.85M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.14M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-23.39M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.04M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-16.54M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$47.01M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$52.21M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-6.28M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.94M	USD	2 Qtrs
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.57M	USD	2 Qtrs
Other current assets and prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.05M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.36M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-9.98M	USD	2 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$24.49M	USD	2 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssets`	$56.04M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$280.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$235.45M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.51M	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`	-	USD	2 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$56.17M	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`	-	USD	2 Qtrs
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	-	USD	2 Qtrs
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$9.86M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$717.20M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfInvestments`	$42.69M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfInvestments`	-	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireOtherInvestments`	-	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireOtherInvestments`	$1.00M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$550.00K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$4.45M	USD	2 Qtrs
Settlement of net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$-11.31M	USD	2 Qtrs
Settlement of net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$1.80M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-670.32M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$44.04M	USD	2 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$600.00M	USD	2 Qtrs
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	$175.00M	USD	2 Qtrs
Repayments of borrowings under credit facility	`RepaymentsOfLinesOfCredit`	$98.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$125.00M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.48M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.86M	USD	2 Qtrs
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$27.24M	USD	2 Qtrs
Payments of withholding taxes in connection with stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$50.59M	USD	2 Qtrs
Payments of principal for financing leases	`FinanceLeasePrincipalPayments`	$239.00K	USD	2 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	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$484.96M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-339.98M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$543.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.74M	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`	$-19.62M	USD	2 Qtrs
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`	$307.43M	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`	$327.05M	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`	$307.43M	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`	$327.05M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.65B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.04B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.95B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	116.98M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	117.16M	shares	Point-in-time
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$50.59M	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`	$1.43M	USD	1 Quarter
Shares surrendered by employees to pay taxes related to stock-based awards	`SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue`	$27.24M	USD	2 Qtrs
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$10.48M	USD	2 Qtrs
Common stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$10.86M	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`	$10.86M	USD	2 Qtrs
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$83.86M	USD	2 Qtrs
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.92M	USD	1 Quarter
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.74M	USD	1 Quarter
Compensation expense from stock-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$90.83M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$-1.00K	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$-125.00M	USD	2 Qtrs
Repurchases of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	43,000.00	shares	1 Quarter
Repurchases of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.05M	shares	2 Qtrs
Net income	`NetIncomeLoss`	$132.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$135.77M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$89.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.26M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-15.85M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-17.02M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.12M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.36M	USD	1 Quarter
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-307.00K	USD	2 Qtrs
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	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`	-	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-798.00K	USD	1 Quarter
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.45M	USD	2 Qtrs
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.38M	USD	2 Qtrs
Change in pension benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.76M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.65B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.04B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.95B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	116.98M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	117.16M	shares	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$132.78M	USD	2 Qtrs
Hedge gain arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	-	USD	1 Quarter
Hedge gain arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	$-1.20M	USD	1 Quarter
Hedge gain arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	-	USD	2 Qtrs
Net income	`NetIncomeLoss`	$135.77M	USD	2 Qtrs
Hedge gain arising during the period, tax	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationTaxBenefitAmount`	$-2.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$89.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.26M	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Hedge gain arising during the period, net of tax of $1.2 million and $0 million in the second quarter of 2022 and 2021, respectively, and $2 million and $0 million in the first six months of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$7.02M	USD	1 Quarter
Unrealized loss on marketable securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized loss on marketable securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Unrealized loss on marketable securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Hedge gain arising during the period, net of tax of $1.2 million and $0 million in the second quarter of 2022 and 2021, respectively, and $2 million and $0 million in the first six months of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$6.19M	USD	2 Qtrs
Hedge gain arising during the period, net of tax of $1.2 million and $0 million in the second quarter of 2022 and 2021, respectively, and $2 million and $0 million in the first six months of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$238.00K	USD	2 Qtrs
Unrealized loss on marketable securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Hedge gain arising during the period, net of tax of $1.2 million and $0 million in the second quarter of 2022 and 2021, respectively, and $2 million and $0 million in the first six months of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossGeneralHedgeGainLossBeforeReclassificationAfterTax`	$3.70M	USD	1 Quarter
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-600.00K	USD	2 Qtrs
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`	$-200.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-15.85M	USD	1 Quarter
Amortization of net actuarial pension gain included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-100.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-17.02M	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.12M	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $0 for each period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.36M	USD	1 Quarter
Unrealized loss on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-307.00K	USD	2 Qtrs
Unrealized loss on marketable securities, net of tax of $0 for each period	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	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`	-	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 second quarter of 2022 and 2021, respectively, and $0.2 million and $0.6 million in the first six months of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-525.00K	USD	2 Qtrs
Amortization of net actuarial pension loss included in net income, net of tax of $0.1 million and $0.3 million in the second quarter of 2022 and 2021, respectively, and $0.2 million and $0.6 million in the first six months of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-260.00K	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 second quarter of 2022 and 2021, respectively, and $0.2 million and $0.6 million in the first six months of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-1.48M	USD	2 Qtrs
Amortization of net actuarial pension loss included in net income, net of tax of $0.1 million and $0.3 million in the second quarter of 2022 and 2021, respectively, and $0.2 million and $0.6 million in the first six months of 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-744.00K	USD	1 Quarter
Change in unamortized pension gain (loss) during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$538.00K	USD	1 Quarter
Change in unamortized pension gain (loss) during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$923.00K	USD	2 Qtrs
Change in unamortized pension gain (loss) during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$1.02M	USD	1 Quarter
Change in unamortized pension gain (loss) during the period related to changes in foreign currency	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossofForeignCurrencyArisingDuringPeriodNetofTax`	$-94.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.07M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.86M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.38M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.44M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$126.38M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$102.19M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$138.21M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$82.82M	USD	1 Quarter

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