10-Q Filing

SEI INVESTMENTS CO CIK: 350894 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000350894-20-000026`
Period End Date	20200331
Filing Date	20200428
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	seic-331202010q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 46 Cash Flow Statement 44 Stockholders Equity 24 Comprehensive Income 18

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.20M	USD	Point-in-time
Receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$746.87M	USD	Point-in-time
Property and Equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$360.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$841.45M	USD	Point-in-time
Property and Equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$353.45M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.10M	USD	Point-in-time
Capitalized software, accumulated amortization	`CapitalizedComputerSoftwareAccumulatedAmortization`	$442.68M	USD	Point-in-time
Capitalized software, accumulated amortization	`CapitalizedComputerSoftwareAccumulatedAmortization`	$454.78M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.10M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$8.77M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$9.69M	USD	Point-in-time
Receivables from investment products	`DueFromOtherRelatedPartiesCurrent`	$51.61M	USD	Point-in-time
Receivables from investment products	`DueFromOtherRelatedPartiesCurrent`	$54.16M	USD	Point-in-time
Receivables, net of allowance for doubtful accounts of $1,281 and $1,201	`AccountsReceivableNetCurrent`	$340.36M	USD	Point-in-time
Receivables, net of allowance for doubtful accounts of $1,281 and $1,201	`AccountsReceivableNetCurrent`	$358.13M	USD	Point-in-time
Securities owned	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$31.42M	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
Securities owned	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$33.49M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$32.29M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$42.02M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.30B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	147.90M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.23B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	149.75M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	147.90M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	149.75M	shares	Point-in-time
Property and Equipment, net of accumulated depreciation of $360,148 and $353,453	`PropertyPlantAndEquipmentNet`	$173.25M	USD	Point-in-time
Property and Equipment, net of accumulated depreciation of $360,148 and $353,453	`PropertyPlantAndEquipmentNet`	$160.86M	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$42.79M	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$41.38M	USD	Point-in-time
Capitalized Software, net of accumulated amortization of $454,776 and $442,677	`CapitalizedComputerSoftwareNet`	$290.43M	USD	Point-in-time
Capitalized Software, net of accumulated amortization of $454,776 and $442,677	`CapitalizedComputerSoftwareNet`	$296.07M	USD	Point-in-time
Available for Sale and Equity Securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$110.56M	USD	Point-in-time
Available for Sale and Equity Securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$116.92M	USD	Point-in-time
Investments in Affiliated Funds, at fair value	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$3.75M	USD	Point-in-time
Investments in Affiliated Funds, at fair value	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$5.99M	USD	Point-in-time
Investment in Unconsolidated Affiliate	`OtherLongTermInvestments`	$67.41M	USD	Point-in-time
Investment in Unconsolidated Affiliate	`OtherLongTermInvestments`	$45.28M	USD	Point-in-time
Goodwill	`Goodwill`	$64.49M	USD	Point-in-time
Goodwill	`Goodwill`	$64.49M	USD	Point-in-time
Intangible Assets, net of accumulated amortization of $9,694 and $8,773	`IntangibleAssetsNetExcludingGoodwill`	$27.07M	USD	Point-in-time
Intangible Assets, net of accumulated amortization of $9,694 and $8,773	`IntangibleAssetsNetExcludingGoodwill`	$27.99M	USD	Point-in-time
Deferred Contract Costs	`CapitalizedContractCostNet`	$32.76M	USD	Point-in-time
Deferred Contract Costs	`CapitalizedContractCostNet`	$30.99M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxAssetsNet`	$2.82M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxAssetsNet`	$2.60M	USD	Point-in-time
Other Assets, net	`OtherAssetsNoncurrent`	$33.30M	USD	Point-in-time
Other Assets, net	`OtherAssetsNoncurrent`	$30.20M	USD	Point-in-time
Total Assets	`Assets`	$2.06B	USD	Point-in-time
Total Assets	`Assets`	$2.15B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.42M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$179.77M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$272.80M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$9.16M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.71M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$5.98M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$7.18M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$293.56M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$207.55M	USD	Point-in-time
Long-term Income Taxes Payable	`AccruedIncomeTaxesNoncurrent`	$803.00K	USD	Point-in-time
Long-term Income Taxes Payable	`AccruedIncomeTaxesNoncurrent`	$803.00K	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$53.99M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$55.72M	USD	Point-in-time
Long-term Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$38.45M	USD	Point-in-time
Long-term Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$37.01M	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$24.41M	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$24.05M	USD	Point-in-time
Total Liabilities	`Liabilities`	$412.59M	USD	Point-in-time
Total Liabilities	`Liabilities`	$323.76M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 750,000 shares authorized; 147,903 and 149,745 shares issued and outstanding	`CommonStockValue`	$1.50M	USD	Point-in-time
Common stock, $0.01 par value, 750,000 shares authorized; 147,903 and 149,745 shares issued and outstanding	`CommonStockValue`	$1.48M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.16B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.17B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$597.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$601.88M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.50M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.35M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.73B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.64B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.15B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.06B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$414.76M	USD	1 Quarter
Revenues	`Revenues`	$400.82M	USD	1 Quarter
Subadvisory, distribution and other asset management costs	`SubadvisoryDistributionandOtherAssetManagementCosts`	$45.34M	USD	1 Quarter
Subadvisory, distribution and other asset management costs	`SubadvisoryDistributionandOtherAssetManagementCosts`	$43.80M	USD	1 Quarter
Software royalties and other information processing costs	`SoftwareRoyaltiesandOtherInformationProcessingCosts`	$8.13M	USD	1 Quarter
Software royalties and other information processing costs	`SoftwareRoyaltiesandOtherInformationProcessingCosts`	$7.45M	USD	1 Quarter
Compensation, benefits and other personnel	`CompensationBenefitsandOtherPersonnel`	$130.34M	USD	1 Quarter
Compensation, benefits and other personnel	`CompensationBenefitsandOtherPersonnel`	$131.48M	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$6.93M	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$5.04M	USD	1 Quarter
Consulting, outsourcing and professional fees	`ProfessionalFees`	$53.29M	USD	1 Quarter
Consulting, outsourcing and professional fees	`ProfessionalFees`	$50.21M	USD	1 Quarter
Data processing and computer related	`InformationTechnologyAndDataProcessing`	$22.70M	USD	1 Quarter
Data processing and computer related	`InformationTechnologyAndDataProcessing`	$20.99M	USD	1 Quarter
Facilities, supplies and other costs	`OccupancyNet`	$16.80M	USD	1 Quarter
Facilities, supplies and other costs	`OccupancyNet`	$18.75M	USD	1 Quarter
Amortization	`AmortizationOfDeferredCharges`	$12.68M	USD	1 Quarter
Amortization	`AmortizationOfDeferredCharges`	$13.08M	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$7.33M	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$7.47M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$304.53M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$297.26M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$110.23M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$103.56M	USD	1 Quarter
Net (loss) gain from investments	`GainLossOnInvestments`	$-3.99M	USD	1 Quarter
Net (loss) gain from investments	`GainLossOnInvestments`	$1.28M	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$3.20M	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$4.26M	USD	1 Quarter
Interest expense	`InterestExpense`	$152.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$157.00K	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$37.32M	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$29.91M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$139.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$146.26M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$32.28M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$29.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.98M	USD	1 Quarter
Basic earnings per common share (in USD per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Basic earnings per common share (in USD per share)	`EarningsPerShareBasic`	$0.74	USD	1 Quarter
Shares used to compute basic earnings per share (in shares)	`WeightedAverageNumberOfSharesIssuedBasic`	149.47M	shares	1 Quarter
Shares used to compute basic earnings per share (in shares)	`WeightedAverageNumberOfSharesIssuedBasic`	153.31M	shares	1 Quarter
Diluted earnings per common share (in USD per share)	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Diluted earnings per common share (in USD per share)	`EarningsPerShareDiluted`	$0.72	USD	1 Quarter
Shares used to compute diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	152.37M	shares	1 Quarter
Shares used to compute diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	156.54M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$109.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.98M	USD	1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities (See Note 1)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-54.08M	USD	1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities (See Note 1)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-10.27M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.97M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$59.90M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.32M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.67M	USD	1 Quarter
Additions to capitalized software	`PaymentsForSoftware`	$6.46M	USD	1 Quarter
Additions to capitalized software	`PaymentsForSoftware`	$9.94M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$43.67M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$29.41M	USD	1 Quarter
Prepayments and maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$37.62M	USD	1 Quarter
Prepayments and maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$45.20M	USD	1 Quarter
Proceeds from Sale and Maturity of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	1 Quarter
Proceeds from Sale and Maturity of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$64.00K	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.50M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.73M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.35M	USD	1 Quarter
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$633.00K	USD	1 Quarter
Purchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$90.78M	USD	1 Quarter
Purchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$130.56M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.89M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$18.59M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	$50.76M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	$52.45M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-132.64M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-165.05M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.15M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.27M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-85.20M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-94.58M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$758.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$749.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$672.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$844.55M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$758.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$749.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$672.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$844.55M	USD	Point-in-time
Operating lease right-of-use assets and net lease liabilities recorded upon adoption of ASC 842	`OperatingLeaseRightOfUseAssetsAndLeaseLiabilitiesRecorded`	$44.17M	USD	1 Quarter
Operating lease right-of-use assets and net lease liabilities recorded upon adoption of ASC 842	`OperatingLeaseRightOfUseAssetsAndLeaseLiabilitiesRecorded`	-	USD	1 Quarter

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, shares	`CommonStockSharesIssued`	147.90M	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesIssued`	149.75M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.73B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.64B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.74B	USD	Point-in-time
Net income	`NetIncomeLoss`	$109.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.98M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.84M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.28M	USD	1 Quarter
Purchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$127.43M	USD	1 Quarter
Purchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$88.79M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.11M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.32M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$17.49M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.57M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.93M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.04M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.73B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.64B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.74B	USD	Point-in-time
Ending balance, shares	`CommonStockSharesIssued`	147.90M	shares	Point-in-time
Ending balance, shares	`CommonStockSharesIssued`	149.75M	shares	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$109.24M	USD	1 Quarter
Unrealized gains (losses) during the period, income tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$339.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.98M	USD	1 Quarter
Unrealized gains (losses) during the period, income tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$240.00K	USD	1 Quarter
Less: reclassification adjustment for losses realized in net income, income tax benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-28.00K	USD	1 Quarter
Less: reclassification adjustment for losses realized in net income, income tax benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-24.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.07M	USD	1 Quarter
Unrealized gains (losses) during the period, net of income taxes of $(339) and $(240)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$797.00K	USD	1 Quarter
Unrealized gains (losses) during the period, net of income taxes of $(339) and $(240)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.13M	USD	1 Quarter
Less: reclassification adjustment for losses (gains) realized in net income, net of income taxes of $(28) and $(24)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-86.00K	USD	1 Quarter
Less: reclassification adjustment for losses (gains) realized in net income, net of income taxes of $(28) and $(24)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-100.00K	USD	1 Quarter
Unrealized gain (loss) on investments:	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.23M	USD	1 Quarter
Unrealized gain (loss) on investments:	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$883.00K	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-11.84M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$4.28M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$97.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$118.26M	USD	1 Quarter

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