10-Q Filing

NETSCOUT SYSTEMS INC CIK: 1078075 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-027238`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	ntct-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 42 Cash Flow Statement 77 Stockholders Equity 30 Comprehensive Income 24

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$666.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$675.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$386.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$332.72M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities and investments	`OtherShortTermInvestments`	$32.20M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities and investments	`OtherShortTermInvestments`	$51.89M	USD	Point-in-time
Accounts receivable and unbilled costs, net of allowance for doubtful accounts of $666 and $675 at June 30, 2023 and March 31, 2023, respectively	`AccountsReceivableNetCurrent`	$143.85M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable and unbilled costs, net of allowance for doubtful accounts of $666 and $675 at June 30, 2023 and March 31, 2023, respectively	`AccountsReceivableNetCurrent`	$108.29M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories and deferred costs	`InventoryNet`	$17.96M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories and deferred costs	`InventoryNet`	$18.45M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$10.83M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$2.23M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	128.68M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$34.32M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.49M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	130.02M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$549.67M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$617.36M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	72.15M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	71.25M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	57.87M	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$33.21M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$34.73M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	57.43M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$49.43M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$51.46M	USD	Point-in-time
Goodwill	`Goodwill`	$1.72B	USD	Point-in-time
Goodwill	`Goodwill`	$1.72B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$352.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$366.59M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$4.53M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$4.61M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$8.94M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$5.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.76M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.54M	USD	Point-in-time
Total assets	`Assets`	$2.73B	USD	Point-in-time
Total assets	`Assets`	$2.82B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.40M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$83.28M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$53.63M	USD	Point-in-time
Accrued other	`OtherAccruedLiabilitiesCurrent`	$19.05M	USD	Point-in-time
Accrued other	`OtherAccruedLiabilitiesCurrent`	$26.28M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.60M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.39M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$311.53M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$282.77M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$11.73M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$11.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$383.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$453.61M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.53M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.68M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$13.62M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$24.94M	USD	Point-in-time
Accrued long-term retirement benefits	`DeferredCompensationLiabilityClassifiedNoncurrent`	$26.05M	USD	Point-in-time
Accrued long-term retirement benefits	`DeferredCompensationLiabilityClassifiedNoncurrent`	$26.26M	USD	Point-in-time
Long-term deferred revenue and customer deposits	`ContractWithCustomerLiabilityNoncurrent`	$122.38M	USD	Point-in-time
Long-term deferred revenue and customer deposits	`ContractWithCustomerLiabilityNoncurrent`	$129.81M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$48.82M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$46.40M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$100.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$100.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$790.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$699.39M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
5,000,000 shares authorized; no shares issued or outstanding at June 30, 2023 and March 31, 2023	`PreferredStockValue`	-	USD	Point-in-time
5,000,000 shares authorized; no shares issued or outstanding at June 30, 2023 and March 31, 2023	`PreferredStockValue`	-	USD	Point-in-time
300,000,000 shares authorized; 130,016,041 and 128,683,824 shares issued and 72,146,090 and 71,249,045 shares outstanding at June 30, 2023 and March 31, 2023, respectively	`CommonStockValue`	$128.00K	USD	Point-in-time
300,000,000 shares authorized; 130,016,041 and 128,683,824 shares issued and 72,146,090 and 71,249,045 shares outstanding at June 30, 2023 and March 31, 2023, respectively	`CommonStockValue`	$130.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.10B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.12B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.74M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.80M	USD	Point-in-time
Treasury stock at cost, 57,869,951 and 57,434,779 shares at June 30, 2023 and March 31, 2023, respectively	`TreasuryStockCommonValue`	$1.55B	USD	Point-in-time
Treasury stock at cost, 57,869,951 and 57,434,779 shares at June 30, 2023 and March 31, 2023, respectively	`TreasuryStockCommonValue`	$1.56B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$466.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$470.21M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.03B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.91B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.03B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.82B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.73B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$208.81M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$211.14M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$57.71M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$50.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$151.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$160.74M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$43.46M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$45.52M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$76.32M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$79.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.21M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$24.79M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationofAcquiredIntangibleAssets`	$13.88M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationofAcquiredIntangibleAssets`	$12.71M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$1.77M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$160.22M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$165.44M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-4.70M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.13M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.29M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$276.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.86M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.09M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-834.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$230.00K	USD	1 Quarter
Total interest and other expense, net	`NonoperatingIncomeExpense`	$-639.00K	USD	1 Quarter
Total interest and other expense, net	`NonoperatingIncomeExpense`	$-1.36M	USD	1 Quarter
Loss before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.33M	USD	1 Quarter
Loss before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.48M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-1.13M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-3.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.13M	USD	1 Quarter
Basic net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.10	USD	1 Quarter
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.10	USD	1 Quarter
Net loss per share - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.45M	shares	1 Quarter
Net loss per share - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.54M	shares	1 Quarter
Net loss per share - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.45M	shares	1 Quarter
Net loss per share - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.54M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-4.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.59M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.44M	USD	1 Quarter
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$2.66M	USD	1 Quarter
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$2.59M	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-38.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$19.84M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$15.58M	USD	1 Quarter
Change in fair value of derivative investment	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	1 Quarter
Change in fair value of derivative investment	`GainLossOnDerivativeInstrumentsNetPretax`	$206.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-11.46M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.29M	USD	1 Quarter
Other losses	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Other losses	`OtherNoncashIncomeExpense`	$-363.00K	USD	1 Quarter
Accounts receivable and unbilled costs	`IncreaseDecreaseInAccountsReceivable`	$-35.27M	USD	1 Quarter
Accounts receivable and unbilled costs	`IncreaseDecreaseInAccountsReceivable`	$-35.56M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.60M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-4.16M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.16M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.79M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.48M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.03M	USD	1 Quarter
Accrued compensation and other expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-23.77M	USD	1 Quarter
Accrued compensation and other expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-37.68M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$3.08M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$2.91M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.72M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.61M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-39.61M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-36.25M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.52M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.37M	USD	1 Quarter
Purchase of marketable securities and investments	`PaymentsToAcquireInvestments`	$27.69M	USD	1 Quarter
Purchase of marketable securities and investments	`PaymentsToAcquireInvestments`	$25.91M	USD	1 Quarter
Proceeds from sales and maturity of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$8.73M	USD	1 Quarter
Proceeds from sales and maturity of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$52.57M	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.20M	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.96M	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$161.00K	USD	1 Quarter
(Increase) decrease in deposits	`PaymentsForProceedsFromOtherDeposits`	$-5.00K	USD	1 Quarter
(Increase) decrease in deposits	`PaymentsForProceedsFromOtherDeposits`	$1.00K	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.13M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$22.52M	USD	1 Quarter
Issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$2.00K	USD	1 Quarter
Issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.00K	USD	1 Quarter
Treasury stock repurchases, including accelerated share repurchases	`PaymentsForRepurchaseOfCommonStock`	$47.90M	USD	Point-in-time
Treasury stock repurchases, including accelerated share repurchases	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Treasury stock repurchases, including accelerated share repurchases	`PaymentsForRepurchaseOfCommonStock`	$150.04M	USD	1 Quarter
Tax withholding on restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.41M	USD	1 Quarter
Tax withholding on restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.81M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$150.00M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-310.85M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.40M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$823.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.81M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-54.08M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-303.66M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$332.72M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$332.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$386.79M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$636.16M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$332.72M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$332.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$386.79M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$636.16M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.31M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$1.59M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$21.83M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$13.18M	USD	1 Quarter
Transfers of inventory to fixed assets	`TransfersFromInventoryToFixedAssets`	$1.21M	USD	1 Quarter
Transfers of inventory to fixed assets	`TransfersFromInventoryToFixedAssets`	$1.11M	USD	1 Quarter
Additions to property, plant and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$46.00K	USD	1 Quarter
Additions to property, plant and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$382.00K	USD	1 Quarter

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	72.15M	shares	Point-in-time
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	71.25M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$2.03B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.91B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.03B	USD	Point-in-time
Beginning balance, treasury stock (in shares)	`TreasuryStockCommonShares`	57.87M	shares	Point-in-time
Beginning balance, treasury stock (in shares)	`TreasuryStockCommonShares`	57.43M	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-4.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.13M	USD	1 Quarter
Unrealized net investment losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-11.00K	USD	1 Quarter
Unrealized net investment losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-106.00K	USD	1 Quarter
Unrealized net gain (loss) on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$103.00K	USD	1 Quarter
Unrealized net gain (loss) on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-26.00K	USD	1 Quarter
Cumulative translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$68.00K	USD	1 Quarter
Cumulative translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-251.00K	USD	1 Quarter
Issuance of common stock pursuant to vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.00K	USD	1 Quarter
Issuance of common stock pursuant to vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00K	USD	1 Quarter
Stock-based compensation expense for restricted stock units granted to employees	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$14.76M	USD	1 Quarter
Stock-based compensation expense for restricted stock units granted to employees	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$19.10M	USD	1 Quarter
Repurchase of treasury stock	`TreasuryStockValueAcquiredParValueMethod`	$160.85M	USD	1 Quarter
Repurchase of treasury stock	`TreasuryStockValueAcquiredParValueMethod`	$13.41M	USD	1 Quarter
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	72.15M	shares	Point-in-time
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	71.25M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$2.03B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.91B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.03B	USD	Point-in-time
Ending balance, treasury stock (in shares)	`TreasuryStockCommonShares`	57.87M	shares	Point-in-time
Ending balance, treasury stock (in shares)	`TreasuryStockCommonShares`	57.43M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Changes in unrealized losses, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-35.00K	USD	1 Quarter
Changes in unrealized losses, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.13M	USD	1 Quarter
Changes in market value of derivatives, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-46.00K	USD	1 Quarter
Changes in market value of derivatives, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$51.00K	USD	1 Quarter
Cumulative translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$68.00K	USD	1 Quarter
Reclassification adjustment for net gains (losses) included in net income (loss), tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$38.00K	USD	1 Quarter
Cumulative translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-251.00K	USD	1 Quarter
Reclassification adjustment for net gains (losses) included in net income (loss), tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-18.00K	USD	1 Quarter
Changes in unrealized losses, net of tax benefit of ($35), and ($3), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-11.00K	USD	1 Quarter
Changes in unrealized losses, net of tax benefit of ($35), and ($3), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-106.00K	USD	1 Quarter
Total net change in market value of investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-106.00K	USD	1 Quarter
Total net change in market value of investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-11.00K	USD	1 Quarter
Changes in market value of derivatives, net of taxes (benefit) of $51, and ($46), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$159.00K	USD	1 Quarter
Changes in market value of derivatives, net of taxes (benefit) of $51, and ($46), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-148.00K	USD	1 Quarter
Reclassification adjustment for net (losses) gains included in net loss, net of (benefit) taxes of ($18), and $38, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$56.00K	USD	1 Quarter
Reclassification adjustment for net (losses) gains included in net loss, net of (benefit) taxes of ($18), and $38, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-122.00K	USD	1 Quarter
Total net change in market value of derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$103.00K	USD	1 Quarter
Total net change in market value of derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-26.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$65.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-288.00K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-7.42M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.13M	USD	1 Quarter

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