10-Q Filing

GENTEX CORP CIK: 355811 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000355811-20-000043`
Period End Date	20200930
Filing Date	20201105
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	gntx-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 64 Cash Flow Statement 68 Stockholders Equity 43 Comprehensive Income 28

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$400.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$296.32M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$140.38M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$52.58M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$268.46M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$235.41M	USD	Point-in-time
Inventories	`InventoryNet`	$233.36M	USD	Point-in-time
Inventories	`InventoryNet`	$248.94M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$29.32M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$20.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$975.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$950.38M	USD	Point-in-time
PLANT AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$474.02M	USD	Point-in-time
PLANT AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$498.32M	USD	Point-in-time
Goodwill	`Goodwill`	$307.37M	USD	Point-in-time
Goodwill	`Goodwill`	$311.22M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$139.91M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$159.01M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$247.91M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$250.38M	USD	Point-in-time
Patents and other assets, net	`PatentAndOtherAssetsNet`	$22.46M	USD	Point-in-time
Patents and other assets, net	`PatentAndOtherAssetsNet`	$25.00M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$720.11M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$743.14M	USD	Point-in-time
Total assets	`Assets`	$2.19B	USD	Point-in-time
Total assets	`Assets`	$2.17B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$97.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$90.25M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$25.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$121.24M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$74.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$171.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$236.49M	USD	Point-in-time
OTHER NON-CURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$7.41M	USD	Point-in-time
OTHER NON-CURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$15.07M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$51.45M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$45.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$296.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$230.72M	USD	Point-in-time
Common stock	`CommonStockValue`	$15.08M	USD	Point-in-time
Common stock	`CommonStockValue`	$14.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$807.93M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$830.41M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.05B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.29M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.45M	USD	Point-in-time
Total shareholders investment	`StockholdersEquity`	$1.86B	USD	Point-in-time
Total shareholders investment	`StockholdersEquity`	$1.90B	USD	Point-in-time
Total shareholders investment	`StockholdersEquity`	$1.92B	USD	Point-in-time
Total shareholders investment	`StockholdersEquity`	$1.82B	USD	Point-in-time
Total shareholders investment	`StockholdersEquity`	$1.90B	USD	Point-in-time
Total shareholders investment	`StockholdersEquity`	$1.94B	USD	Point-in-time
Total liabilities and shareholders investment	`LiabilitiesAndStockholdersEquity`	$2.19B	USD	Point-in-time
Total liabilities and shareholders investment	`LiabilitiesAndStockholdersEquity`	$2.17B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`RevenueFromContractWithCustomerIncludingAssessedTax`	$477.76M	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.16B	USD	3 Qtrs
NET SALES	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.42B	USD	3 Qtrs
NET SALES	`RevenueFromContractWithCustomerIncludingAssessedTax`	$474.64M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$888.56M	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$769.56M	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$297.44M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$286.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$526.50M	USD	3 Qtrs
Gross profit	`GrossProfit`	$388.77M	USD	3 Qtrs
Gross profit	`GrossProfit`	$188.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$180.32M	USD	1 Quarter
Engineering, research and development	`ResearchAndDevelopmentExpense`	$29.40M	USD	1 Quarter
Engineering, research and development	`ResearchAndDevelopmentExpense`	$86.42M	USD	3 Qtrs
Engineering, research and development	`ResearchAndDevelopmentExpense`	$85.85M	USD	3 Qtrs
Engineering, research and development	`ResearchAndDevelopmentExpense`	$27.81M	USD	1 Quarter
Selling, general & administrative	`SellingGeneralAndAdministrativeExpense`	$21.57M	USD	1 Quarter
Selling, general & administrative	`SellingGeneralAndAdministrativeExpense`	$22.79M	USD	1 Quarter
Selling, general & administrative	`SellingGeneralAndAdministrativeExpense`	$65.21M	USD	3 Qtrs
Selling, general & administrative	`SellingGeneralAndAdministrativeExpense`	$63.02M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$148.87M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$52.19M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$151.63M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$49.38M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$138.85M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$237.14M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$128.14M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$377.64M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$8.76M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$1.83M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$5.73M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$3.35M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.42M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.22M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$376.98K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$90.32K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$4.04M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$9.16M	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$9.13M	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$3.44M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$142.90M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$131.58M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$386.77M	USD	3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$246.30M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$42.08M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$19.68M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$61.63M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$25.80M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$325.14M	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$117.09M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$111.90M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$204.22M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.27	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.82	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.26	USD	3 Qtrs
Cash Dividends Declared per Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.34	USD	3 Qtrs
Cash Dividends Declared per Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.36	USD	3 Qtrs
Cash Dividends Declared per Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Cash Dividends Declared per Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$325.14M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$117.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$111.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$204.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$79.33M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$78.49M	USD	3 Qtrs
(Gain) on disposal of assets	`GainOnDisposalOfAssets`	$281.54K	USD	3 Qtrs
(Gain) on disposal of assets	`GainOnDisposalOfAssets`	$148.38K	USD	3 Qtrs
Loss on disposal of assets	`LossOnDispositionOfAssets`	$495.70K	USD	3 Qtrs
Loss on disposal of assets	`LossOnDispositionOfAssets`	$146.19K	USD	3 Qtrs
(Gain) on sale of investments	`GainOnSaleOfInvestments`	$1.50M	USD	3 Qtrs
(Gain) on sale of investments	`GainOnSaleOfInvestments`	$593.35K	USD	3 Qtrs
Loss on sale of investments	`LossOnSaleOfInvestments`	-	USD	3 Qtrs
Loss on sale of investments	`LossOnSaleOfInvestments`	$143.37K	USD	3 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.19M	USD	3 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.56M	USD	3 Qtrs
Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock	`ShareBasedCompensation`	$15.93M	USD	3 Qtrs
Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock	`ShareBasedCompensation`	$23.27M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$39.57M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$32.83M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-15.66M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$13.40M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.93M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.73M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.50M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.39M	USD	3 Qtrs
Accrued liabilities, excluding dividends declared and short-term debt	`IncreaseDecreaseInAccruedLiabilities`	$49.75M	USD	3 Qtrs
Accrued liabilities, excluding dividends declared and short-term debt	`IncreaseDecreaseInAccruedLiabilities`	$14.80M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$383.94M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$329.04M	USD	3 Qtrs
Sales proceeds	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$57.09M	USD	3 Qtrs
Sales proceeds	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$15.56M	USD	3 Qtrs
Maturities and calls	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$9.71M	USD	3 Qtrs
Maturities and calls	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$117.17M	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$59.93M	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$66.36M	USD	3 Qtrs
Plant and equipment additions	`PaymentsToAcquireProductiveAssets`	$58.32M	USD	3 Qtrs
Plant and equipment additions	`PaymentsToAcquireProductiveAssets`	$37.05M	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$331.46K	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.94M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$8.04M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.33M	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.11M	USD	3 Qtrs
Net cash (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$24.71M	USD	3 Qtrs
Net cash (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-59.06M	USD	3 Qtrs
Proceeds from borrowings on Credit Agreement	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from borrowings on Credit Agreement	`ProceedsFromIssuanceOfLongTermDebt`	$75.00M	USD	3 Qtrs
Repayment of borrowings on Credit Agreement	`RepaymentsOfLongTermDebt`	-	USD	3 Qtrs
Repayment of borrowings on Credit Agreement	`RepaymentsOfLongTermDebt`	$50.00M	USD	3 Qtrs
Issuance of common stock from stock plan transactions	`ProceedsFromIssuanceOfCommonStock`	$23.68M	USD	3 Qtrs
Issuance of common stock from stock plan transactions	`ProceedsFromIssuanceOfCommonStock`	$68.22M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$87.77M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$87.22M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$210.48M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$262.76M	USD	3 Qtrs
Net cash (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-281.76M	USD	3 Qtrs
Net cash (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-249.58M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$104.18M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$43.13M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.32M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$400.50M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$260.15M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$217.03M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.32M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$400.50M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$260.15M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$217.03M	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.34	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.36	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Balance at beginning of period	`StockholdersEquity`	$1.86B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$1.90B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$1.92B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$1.82B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$1.90B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$1.94B	USD	Point-in-time
Issuance of common stock from stock plan transactions	`StockIssuedDuringPeriodValueNewIssues`	$26.29M	USD	1 Quarter
Issuance of common stock from stock plan transactions	`StockIssuedDuringPeriodValueNewIssues`	$23.68M	USD	3 Qtrs
Issuance of common stock from stock plan transactions	`StockIssuedDuringPeriodValueNewIssues`	$68.22M	USD	3 Qtrs
Issuance of common stock from stock plan transactions	`StockIssuedDuringPeriodValueNewIssues`	$7.97M	USD	1 Quarter
Issuance of common stock related to acquisitions (in shares)	`StockIssuedDuringPeriodSharesAcquisitions`	100,000.00	shares	3 Qtrs
Issuance of common stock related to acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$3.56M	USD	3 Qtrs
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	8.20M	shares	3 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$262.76M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$210.48M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$31.66M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$96.63M	USD	1 Quarter
Stock-based compensation expense related to stock options, employee stock purchases and restricted stock	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.93M	USD	3 Qtrs
Stock-based compensation expense related to stock options, employee stock purchases and restricted stock	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.31M	USD	1 Quarter
Stock-based compensation expense related to stock options, employee stock purchases and restricted stock	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.09M	USD	3 Qtrs
Stock-based compensation expense related to stock options, employee stock purchases and restricted stock	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.79M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$29.41M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$88.29M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$87.78M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$29.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$325.14M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$117.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$111.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$204.22M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.74M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$837.83K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.26M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.71M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$1.86B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$1.90B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$1.92B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$1.82B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$1.90B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$1.94B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$325.14M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$117.09M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$111.90M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$204.22M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.27M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.80M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.82M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.62M	USD	1 Quarter
Unrealized (losses) gains on debt securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$457.44K	USD	1 Quarter
Unrealized (losses) gains on debt securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$3.34M	USD	3 Qtrs
Unrealized (losses) gains on debt securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$5.66M	USD	3 Qtrs
Unrealized (losses) gains on debt securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-146.65K	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-1.17M	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$6.92M	USD	3 Qtrs
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$1.68M	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$1.54M	USD	3 Qtrs
Income tax impact related to components of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$96.06K	USD	1 Quarter
Income tax impact related to components of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$701.14K	USD	3 Qtrs
Income tax impact related to components of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$1.19M	USD	3 Qtrs
Income tax impact related to components of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$-30.80K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.71M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.74M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.26M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$837.83K	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$118.80M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$110.64M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$209.96M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$325.97M	USD	3 Qtrs

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