10-Q Filing

COGNEX CORP CIK: 851205 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0000851205-14-000015`
Period End Date	20140630
Filing Date	20140728
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	cgnx-20140629.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 90 Cash Flow Statement 60 Stockholders Equity 45 Comprehensive Income 52

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.21M	USD	Point-in-time
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.35M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.64M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	140.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.17M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	140.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.87M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$184.82M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	86.83M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$83.68M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	86.74M	shares	Point-in-time
Accounts receivable, less reserves of $1,214 and $1,354 in 2014 and 2013, respectively	`AccountsReceivableNetCurrent`	$53.02M	USD	Point-in-time
Accounts receivable, less reserves of $1,214 and $1,354 in 2014 and 2013, respectively	`AccountsReceivableNetCurrent`	$69.78M	USD	Point-in-time
Inventories	`InventoryNet`	$25.69M	USD	Point-in-time
Inventories	`InventoryNet`	$30.74M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$7.83M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$7.61M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$4.69M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$20.88M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.18M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$268.26M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$332.05M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$343.73M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$229.66M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$38.32M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$37.14M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$12.31M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$13.54M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$12.89M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$14.72M	USD	Point-in-time
Goodwill	`Goodwill`	$81.69M	USD	Point-in-time
Goodwill	`Goodwill`	$81.69M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.14M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.04M	USD	Point-in-time
Total assets	`Assets`	$709.70M	USD	Point-in-time
Total assets	`Assets`	$760.46M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.33M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$34.33M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$32.92M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.26M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$569.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$25.33M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$15.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$61.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$74.15M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$3.80M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$4.76M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $.002 par value Authorized: 140,000 shares, issued and outstanding: 86,739 and 86,831 shares in 2014 and 2013, respectively	`CommonStockValueOutstanding`	$174.00K	USD	Point-in-time
Common stock, $.002 par value Authorized: 140,000 shares, issued and outstanding: 86,739 and 86,831 shares in 2014 and 2013, respectively	`CommonStockValueOutstanding`	$174.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$231.91M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$211.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$462.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$479.58M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.83M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.16M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$643.91M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$682.51M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$760.46M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$709.70M	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Stock split conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	2.00	pure	1 Quarter
Stock split conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	2.00	pure	Point-in-time
Product	`SalesRevenueGoodsNet`	$102.94M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$79.70M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$186.51M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$154.37M	USD	2 Qtrs
Service	`SalesRevenueServicesNet`	$13.22M	USD	2 Qtrs
Service	`SalesRevenueServicesNet`	$6.81M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$13.03M	USD	2 Qtrs
Service	`SalesRevenueServicesNet`	$5.86M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$108.80M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$86.51M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$167.40M	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$199.73M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$34.37M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$22.58M	USD	1 Quarter
Product	`CostOfGoodsSold`	$39.86M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$17.91M	USD	1 Quarter
Service	`CostOfServices`	$3.21M	USD	1 Quarter
Service	`CostOfServices`	$6.20M	USD	2 Qtrs
Service	`CostOfServices`	$3.24M	USD	1 Quarter
Service	`CostOfServices`	$7.01M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$46.87M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$21.15M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$25.79M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$40.57M	USD	2 Qtrs
Product	`GrossMarginProducts`	$120.00M	USD	2 Qtrs
Product	`GrossMarginProducts`	$146.65M	USD	2 Qtrs
Product	`GrossMarginProducts`	$61.79M	USD	1 Quarter
Product	`GrossMarginProducts`	$80.36M	USD	1 Quarter
Service	`GrossMarginServices`	$3.57M	USD	1 Quarter
Service	`GrossMarginServices`	$6.83M	USD	2 Qtrs
Service	`GrossMarginServices`	$6.21M	USD	2 Qtrs
Service	`GrossMarginServices`	$2.65M	USD	1 Quarter
Total gross margin	`GrossProfit`	$83.01M	USD	1 Quarter
Total gross margin	`GrossProfit`	$65.36M	USD	1 Quarter
Total gross margin	`GrossProfit`	$126.83M	USD	2 Qtrs
Total gross margin	`GrossProfit`	$152.86M	USD	2 Qtrs
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$11.89M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$26.12M	USD	2 Qtrs
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$23.21M	USD	2 Qtrs
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$13.62M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$38.67M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$33.30M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$65.47M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$73.57M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$30.72M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$20.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$38.15M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$53.16M	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$139.00K	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$76.00K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-96.00K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-206.00K	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$774.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$1.59M	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$1.17M	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$801.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-257.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-348.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-140.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-75.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$31.35M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$54.20M	USD	2 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.77M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$39.32M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$6.92M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.95M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.74M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.45M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$16.82M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.37	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	86.78M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	87.04M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	86.78M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	86.83M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	89.11M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.71M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.50M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.97M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$44.45M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$16.82M	USD	1 Quarter
Stock-based compensation expense	`StockOptionPlanExpense`	$7.96M	USD	2 Qtrs
Stock-based compensation expense	`StockOptionPlanExpense`	$6.08M	USD	2 Qtrs
Depreciation of property, plant, and equipment	`Depreciation`	$4.05M	USD	2 Qtrs
Depreciation of property, plant, and equipment	`Depreciation`	$3.60M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.92M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.83M	USD	2 Qtrs
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.28M	USD	2 Qtrs
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.44M	USD	2 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$606.00K	USD	2 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$83.00K	USD	2 Qtrs
Net unrealized loss on trading securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$-462.00K	USD	2 Qtrs
Net unrealized loss on trading securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	-	USD	2 Qtrs
Tax effect of stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.48M	USD	2 Qtrs
Tax effect of stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.77M	USD	2 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.75M	USD	2 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.51M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.90M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.95M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$5.15M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$821.00K	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$16.19M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$384.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$10.52M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-96.00K	USD	2 Qtrs
Other	`IncreaseDecreaseInOperatingCapital`	$-5.50M	USD	2 Qtrs
Other	`IncreaseDecreaseInOperatingCapital`	$-2.87M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$31.71M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$38.98M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$167.65M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$189.75M	USD	2 Qtrs
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$129.33M	USD	2 Qtrs
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$177.28M	USD	2 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.31M	USD	2 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.34M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.63M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.81M	USD	2 Qtrs
Issuance of common stock under stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$9.03M	USD	2 Qtrs
Issuance of common stock under stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$16.24M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$11.89M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$27.00M	USD	2 Qtrs
Tax effect of stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.77M	USD	2 Qtrs
Tax effect of stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.48M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.12M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.50M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$124.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-752.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.71M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-472.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$40.64M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$40.17M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$45.16M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$47.87M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$40.64M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$40.17M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$45.16M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$47.87M	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$-6.00K	USD	2 Qtrs
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	2 Qtrs
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$10.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-318.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$182.00K	USD	2 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$69.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-276.00K	USD	2 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$60.00K	USD	2 Qtrs
Beginning Balance, Shares	`CommonStockSharesIssued`	86.83M	shares	Point-in-time
Beginning Balance, Shares	`CommonStockSharesIssued`	86.74M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$643.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$682.51M	USD	Point-in-time
Issuance of common stock under stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.03M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$27.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.96M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$3.48M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$44.45M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$16.82M	USD	1 Quarter
Net unrealized loss on cash flow hedges, net of tax of $6	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Net unrealized loss on cash flow hedges, net of tax of $6	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-235.00K	USD	2 Qtrs
Net unrealized loss on cash flow hedges, net of tax of $6	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-36.00K	USD	1 Quarter
Net unrealized loss on cash flow hedges, net of tax of $6	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-24.00K	USD	1 Quarter
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	2 Qtrs
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-57.00K	USD	2 Qtrs
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Net unrealized gain on available-for-sale investments, net of tax of $182	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.28M	USD	1 Quarter
Net unrealized gain on available-for-sale investments, net of tax of $182	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.56M	USD	2 Qtrs
Net unrealized gain on available-for-sale investments, net of tax of $182	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$542.00K	USD	1 Quarter
Net unrealized gain on available-for-sale investments, net of tax of $182	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.11M	USD	2 Qtrs
Reclassification of net realized gain on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$83.00K	USD	2 Qtrs
Reclassification of net realized gain on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$105.00K	USD	1 Quarter
Reclassification of net realized gain on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$52.00K	USD	1 Quarter
Reclassification of net realized gain on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$606.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $60	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$687.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $60	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-99.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $60	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-544.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $60	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.81M	USD	2 Qtrs
Ending Balance, Shares	`CommonStockSharesIssued`	86.83M	shares	Point-in-time
Ending Balance, Shares	`CommonStockSharesIssued`	86.74M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$643.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$682.51M	USD	Point-in-time

Comprehensive Income 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$44.45M	USD	2 Qtrs
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$-6.00K	USD	2 Qtrs
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.40M	USD	2 Qtrs
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	2 Qtrs
Net income	`NetIncomeLoss`	$16.82M	USD	1 Quarter
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$10.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-318.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$182.00K	USD	2 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$69.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-276.00K	USD	2 Qtrs
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$53.00K	USD	1 Quarter
Change in net unrealized gain (loss), net of tax of $10 and $0 in the three-month periods and net of tax of ($6) and $0 in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$46.00K	USD	1 Quarter
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-181.00K	USD	2 Qtrs
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$60.00K	USD	2 Qtrs
Change in net unrealized gain (loss), net of tax of $10 and $0 in the three-month periods and net of tax of ($6) and $0 in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-235.00K	USD	2 Qtrs
Change in net unrealized gain (loss), net of tax of $10 and $0 in the three-month periods and net of tax of ($6) and $0 in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-36.00K	USD	1 Quarter
Change in net unrealized gain (loss), net of tax of $10 and $0 in the three-month periods and net of tax of ($6) and $0 in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-24.00K	USD	1 Quarter
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	2 Qtrs
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-57.00K	USD	2 Qtrs
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Net change related to cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	-	USD	1 Quarter
Net change related to cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-178.00K	USD	2 Qtrs
Net change related to cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-12.00K	USD	1 Quarter
Net change related to cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	-	USD	2 Qtrs
Change in net unrealized gain (loss), net of tax of $69 and ($318) in the three-month periods and net of tax of $182 and ($276) in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.28M	USD	1 Quarter
Change in net unrealized gain (loss), net of tax of $69 and ($318) in the three-month periods and net of tax of $182 and ($276) in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.56M	USD	2 Qtrs
Change in net unrealized gain (loss), net of tax of $69 and ($318) in the three-month periods and net of tax of $182 and ($276) in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$542.00K	USD	1 Quarter
Change in net unrealized gain (loss), net of tax of $69 and ($318) in the three-month periods and net of tax of $182 and ($276) in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.11M	USD	2 Qtrs
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$83.00K	USD	2 Qtrs
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$105.00K	USD	1 Quarter
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$52.00K	USD	1 Quarter
Reclassification adjustments for loss (gain) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$606.00K	USD	2 Qtrs
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.19M	USD	2 Qtrs
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$437.00K	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.33M	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$955.00K	USD	2 Qtrs
Change in currency translation adjustments, net of tax of $53 and $46 in the three-month periods and net of tax of $60 and ($181) in the six-month periods, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$687.00K	USD	1 Quarter
Change in currency translation adjustments, net of tax of $53 and $46 in the three-month periods and net of tax of $60 and ($181) in the six-month periods, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-99.00K	USD	2 Qtrs
Change in currency translation adjustments, net of tax of $53 and $46 in the three-month periods and net of tax of $60 and ($181) in the six-month periods, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-544.00K	USD	1 Quarter
Change in currency translation adjustments, net of tax of $53 and $46 in the three-month periods and net of tax of $60 and ($181) in the six-month periods, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.81M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$678.00K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-119.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-644.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$25.83M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.18M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.41M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$45.13M	USD	2 Qtrs

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