10-Q Filing

SEI INVESTMENTS CO CIK: 350894 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000350894-21-000023`
Period End Date	20210331
Filing Date	20210426
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	seic-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 46 Cash Flow Statement 42 Stockholders Equity 24 Comprehensive Income 18

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.31M	USD	Point-in-time
Receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.10M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$386.32M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$378.64M	USD	Point-in-time
Capitalized Software, accumulated amortization	`CapitalizedComputerSoftwareAccumulatedAmortization`	$505.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$782.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$784.63M	USD	Point-in-time
Capitalized Software, accumulated amortization	`CapitalizedComputerSoftwareAccumulatedAmortization`	$491.74M	USD	Point-in-time
Intangible Assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$13.38M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.10M	USD	Point-in-time
Intangible Assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$12.46M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.10M	USD	Point-in-time
Receivables from investment products	`DueFromOtherRelatedPartiesCurrent`	$57.29M	USD	Point-in-time
Receivables from investment products	`DueFromOtherRelatedPartiesCurrent`	$55.27M	USD	Point-in-time
Receivables, net of allowance for doubtful accounts of $2,307 and $1,100	`AccountsReceivableNetCurrent`	$385.22M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Receivables, net of allowance for doubtful accounts of $2,307 and $1,100	`AccountsReceivableNetCurrent`	$406.03M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Securities owned	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$34.06M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Securities owned	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$33.04M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	142.70M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$38.70M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$42.81M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	143.40M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.32B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	143.40M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	142.70M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.30B	USD	Point-in-time
Property and Equipment, net of accumulated depreciation of $386,319 and $378,639	`PropertyPlantAndEquipmentNet`	$184.25M	USD	Point-in-time
Property and Equipment, net of accumulated depreciation of $386,319 and $378,639	`PropertyPlantAndEquipmentNet`	$189.05M	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$38.40M	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$37.76M	USD	Point-in-time
Capitalized Software, net of accumulated amortization of $505,112 and $491,739	`CapitalizedComputerSoftwareNet`	$263.96M	USD	Point-in-time
Capitalized Software, net of accumulated amortization of $505,112 and $491,739	`CapitalizedComputerSoftwareNet`	$270.98M	USD	Point-in-time
Available for Sale and Equity Securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$114.97M	USD	Point-in-time
Available for Sale and Equity Securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$105.42M	USD	Point-in-time
Investments in Affiliated Funds, at fair value	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$6.17M	USD	Point-in-time
Investments in Affiliated Funds, at fair value	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$6.62M	USD	Point-in-time
Investment in Unconsolidated Affiliate	`OtherLongTermInvestments`	$98.43M	USD	Point-in-time
Investment in Unconsolidated Affiliate	`OtherLongTermInvestments`	$51.74M	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 $13,377 and $12,456	`IntangibleAssetsNetExcludingGoodwill`	$24.30M	USD	Point-in-time
Intangible Assets, net of accumulated amortization of $13,377 and $12,456	`IntangibleAssetsNetExcludingGoodwill`	$34.38M	USD	Point-in-time
Deferred Contract Costs	`CapitalizedContractCostNet`	$33.43M	USD	Point-in-time
Deferred Contract Costs	`CapitalizedContractCostNet`	$33.78M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxAssetsNet`	$2.97M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxAssetsNet`	$2.71M	USD	Point-in-time
Other Assets, net	`OtherAssetsNoncurrent`	$32.29M	USD	Point-in-time
Other Assets, net	`OtherAssetsNoncurrent`	$31.72M	USD	Point-in-time
Total Assets	`Assets`	$2.15B	USD	Point-in-time
Total Assets	`Assets`	$2.17B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.53M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$299.85M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$199.24M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$9.81M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.58M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.08M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.33M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$317.27M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$215.91M	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`	$50.89M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$55.16M	USD	Point-in-time
Long-term Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$33.09M	USD	Point-in-time
Long-term Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$34.06M	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$20.05M	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$21.10M	USD	Point-in-time
Total Liabilities	`Liabilities`	$427.35M	USD	Point-in-time
Total Liabilities	`Liabilities`	$321.79M	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; 142,701 and 143,396 shares issued and outstanding	`CommonStockValue`	$1.43M	USD	Point-in-time
Common stock, $0.01 par value, 750,000 shares authorized; 142,701 and 143,396 shares issued and outstanding	`CommonStockValue`	$1.43M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.19B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$634.65M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$565.27M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.80M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.40M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.83B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.73B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.15B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.17B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$414.76M	USD	1 Quarter
Revenues	`Revenues`	$455.69M	USD	1 Quarter
Subadvisory, distribution and other asset management costs	`SubadvisoryDistributionAndOtherAssetManagementCosts`	$50.16M	USD	1 Quarter
Subadvisory, distribution and other asset management costs	`SubadvisoryDistributionAndOtherAssetManagementCosts`	$45.34M	USD	1 Quarter
Software royalties and other information processing costs	`SoftwareRoyaltiesAndOtherInformationProcessingCosts`	$5.74M	USD	1 Quarter
Software royalties and other information processing costs	`SoftwareRoyaltiesAndOtherInformationProcessingCosts`	$7.45M	USD	1 Quarter
Compensation, benefits and other personnel	`CompensationBenefitsAndOtherPersonnel`	$137.22M	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`	$9.75M	USD	1 Quarter
Consulting, outsourcing and professional fees	`ProfessionalFees`	$54.34M	USD	1 Quarter
Consulting, outsourcing and professional fees	`ProfessionalFees`	$53.29M	USD	1 Quarter
Data processing and computer related	`InformationTechnologyAndDataProcessing`	$22.70M	USD	1 Quarter
Data processing and computer related	`InformationTechnologyAndDataProcessing`	$25.72M	USD	1 Quarter
Facilities, supplies and other costs	`OccupancyNet`	$16.80M	USD	1 Quarter
Facilities, supplies and other costs	`OccupancyNet`	$17.25M	USD	1 Quarter
Amortization	`AmortizationOfDeferredCharges`	$13.08M	USD	1 Quarter
Amortization	`AmortizationOfDeferredCharges`	$14.35M	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$7.47M	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$8.31M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$322.85M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$304.53M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$110.23M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$132.84M	USD	1 Quarter
Net gain (loss) from investments	`GainLossOnInvestments`	$-3.99M	USD	1 Quarter
Net gain (loss) from investments	`GainLossOnInvestments`	$332.00K	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$3.20M	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$945.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$152.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$123.00K	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$33.35M	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$29.91M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$139.20M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$37.87M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$29.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$129.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.24M	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`	$0.90	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`	143.20M	shares	1 Quarter
Diluted earnings per common share (in USD per share)	`EarningsPerShareDiluted`	$0.89	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`	145.31M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$129.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.24M	USD	1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities (See Note 1)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-10.27M	USD	1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities (See Note 1)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$7.10M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$136.57M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.97M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.22M	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`	$6.36M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$29.41M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$51.52M	USD	1 Quarter
Prepayments and maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$37.62M	USD	1 Quarter
Prepayments and maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$42.45M	USD	1 Quarter
Sales of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$64.00K	USD	1 Quarter
Sales of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$11.00M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.50M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.35M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-30.66M	USD	1 Quarter
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$702.00K	USD	1 Quarter
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$633.00K	USD	1 Quarter
Purchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$130.56M	USD	1 Quarter
Purchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$71.21M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$18.59M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.52M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	$53.13M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	$52.45M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-165.05M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-109.51M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.55M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.15M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-94.58M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.04M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$844.55M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$785.68M	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`	$787.73M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$844.55M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$785.68M	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`	$787.73M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, shares	`CommonStockSharesIssued`	142.70M	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesIssued`	143.40M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.74B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.83B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.74B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.73B	USD	Point-in-time
Net income	`NetIncomeLoss`	$129.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.24M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.84M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.40M	USD	1 Quarter
Purchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$127.43M	USD	1 Quarter
Purchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$66.94M	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`	$1.14M	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`	$14.38M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.93M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.75M	USD	1 Quarter
Ending balance, shares	`CommonStockSharesIssued`	142.70M	shares	Point-in-time
Ending balance, shares	`CommonStockSharesIssued`	143.40M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.74B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.83B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.74B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.73B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains during the period, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$160.00K	USD	1 Quarter
Unrealized gains during the period, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-339.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$129.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.24M	USD	1 Quarter
Reclassification adjustment for losses realized in net income, taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$74.00K	USD	1 Quarter
Reclassification adjustment for losses realized in net income, taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$28.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.69M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-13.07M	USD	1 Quarter
Unrealized (losses) gains during the period, net of income taxes of $160 and $(339)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.13M	USD	1 Quarter
Unrealized (losses) gains during the period, net of income taxes of $160 and $(339)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-543.00K	USD	1 Quarter
Reclassification adjustment for losses realized in net income, net of income taxes of $(74) and $(28)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-253.00K	USD	1 Quarter
Reclassification adjustment for losses realized in net income, net of income taxes of $(74) and $(28)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-100.00K	USD	1 Quarter
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-290.00K	USD	1 Quarter
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.23M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.84M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$97.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$130.87M	USD	1 Quarter

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