10-Q Filing

COGNEX CORP CIK: 851205 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0000851205-19-000006`
Period End Date	20190331
Filing Date	20190429
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	cgnx-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 34 Cash Flow Statement 66 Stockholders Equity 30 Comprehensive Income 18

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.57M	USD	Point-in-time
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.65M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	170.82M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	171.54M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	171.54M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$106.58M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	170.82M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$108.21M	USD	Point-in-time
Current investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$441.34M	USD	Point-in-time
Current investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$427.35M	USD	Point-in-time
Accounts receivable, less reserves of $1,567 and $1,646 in 2019 and 2018, respectively	`AccountsReceivableNetCurrent`	$119.17M	USD	Point-in-time
Accounts receivable, less reserves of $1,567 and $1,646 in 2019 and 2018, respectively	`AccountsReceivableNetCurrent`	$106.42M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$10.20M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$8.31M	USD	Point-in-time
Inventories	`InventoryNet`	$83.28M	USD	Point-in-time
Inventories	`InventoryNet`	$79.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$34.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.78M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$780.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$773.25M	USD	Point-in-time
Non-current investments	`LongTermInvestments`	$262.04M	USD	Point-in-time
Non-current investments	`LongTermInvestments`	$317.05M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$91.27M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$91.40M	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	$17.35M	USD	Point-in-time
Goodwill	`Goodwill`	$113.21M	USD	Point-in-time
Goodwill	`Goodwill`	$113.21M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$10.11M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$9.34M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$28.60M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$28.66M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.92M	USD	Point-in-time
Total assets	`Assets`	$1.29B	USD	Point-in-time
Total assets	`Assets`	$1.35B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.53M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$60.22M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$48.95M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.56M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$5.06M	USD	Point-in-time
Deferred revenue and customer deposits	`DeferredRevenueAndCreditsCurrent`	$9.85M	USD	Point-in-time
Deferred revenue and customer deposits	`DeferredRevenueAndCreditsCurrent`	$16.62M	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	$5.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$93.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$91.36M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$11.95M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$962.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$7.11M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$7.75M	USD	Point-in-time
Non-current accrued income taxes	`AccruedIncomeTaxes`	$51.11M	USD	Point-in-time
Non-current accrued income taxes	`AccruedIncomeTaxes`	$51.11M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.05M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$164.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$154.40M	USD	Point-in-time
Preferred Stock, Value, Outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred Stock, Value, Outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, $.002 par value Authorized: 300,000 shares in 2019 and 2018, respectively, issued and outstanding: 171,537 and 170,820 shares in 2019 and 2018, respectively	`CommonStockValueOutstanding`	$342.00K	USD	Point-in-time
Common stock, $.002 par value Authorized: 300,000 shares in 2019 and 2018, respectively, issued and outstanding: 171,537 and 170,820 shares in 2019 and 2018, respectively	`CommonStockValueOutstanding`	$343.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$529.21M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$555.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$670.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$646.21M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-40.50M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-38.07M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.10B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.14B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.35B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.29B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$169.57M	USD	1 Quarter
Revenues	`Revenues`	$173.48M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$46.28M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$40.20M	USD	1 Quarter
Gross margin	`GrossProfit`	$127.20M	USD	1 Quarter
Gross margin	`GrossProfit`	$129.37M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$31.08M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$30.24M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$63.70M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$66.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$34.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$30.15M	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-248.00K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-134.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$4.91M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$3.24M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$927.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$277.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.73M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.98M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$762.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$2.63M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperations`	$37.22M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperations`	$33.10M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	173.28M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.64M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.61M	shares	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$33.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.22M	USD	1 Quarter
Stock-based compensation expense	`StockOptionPlanExpense`	$12.28M	USD	1 Quarter
Stock-based compensation expense	`StockOptionPlanExpense`	$13.19M	USD	1 Quarter
Depreciation of property, plant, and equipment	`Depreciation`	$5.17M	USD	1 Quarter
Depreciation of property, plant, and equipment	`Depreciation`	$4.43M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$769.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$769.00K	USD	1 Quarter
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-56.00K	USD	1 Quarter
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.46M	USD	1 Quarter
Realized (gain) loss on sale of investments	`GainLossOnSaleOfInvestments`	$40.00K	USD	1 Quarter
Realized (gain) loss on sale of investments	`GainLossOnSaleOfInvestments`	$22.00K	USD	1 Quarter
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-442.00K	USD	1 Quarter
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-985.00K	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.47M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.14M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-24.83M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.83M	USD	1 Quarter
Unbilled revenue	`IncreaseDecreaseInUnbilledReceivables`	$-3.39M	USD	1 Quarter
Unbilled revenue	`IncreaseDecreaseInUnbilledReceivables`	$1.89M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-4.07M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$27.32M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.19M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$866.00K	USD	1 Quarter
Operating Lease, Payments, Use	`OperatingLeasePaymentsUse`	-	USD	1 Quarter
Operating Lease, Payments, Use	`OperatingLeasePaymentsUse`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.25M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.31M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-9.93M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-11.71M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-3.50M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$186.00K	USD	1 Quarter
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$6.76M	USD	1 Quarter
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$5.88M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$439.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$424.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$54.79M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.26M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$258.60M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$118.11M	USD	1 Quarter
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$193.57M	USD	1 Quarter
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$144.34M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.08M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.27M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$12.96M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-70.10M	USD	1 Quarter
Issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$11.12M	USD	1 Quarter
Issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$14.35M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$69.20M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$8.56M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$7.79M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-65.87M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.78M	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.11M	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$143.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.99M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.92M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$105.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$109.57M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$106.58M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$108.21M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$105.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$109.57M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$106.58M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$108.21M	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-114.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$268.00K	USD	1 Quarter
Beginning Balance, Shares	`CommonStockSharesIssued`	170.82M	shares	Point-in-time
Beginning Balance, Shares	`CommonStockSharesIssued`	171.54M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.08B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$14.35M	USD	1 Quarter
Issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.12M	USD	1 Quarter
Stock Repurchased During Period, Value	`StockRepurchasedDuringPeriodValue`	$69.20M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.19M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.28M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$7.79M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$8.56M	USD	1 Quarter
Cumulative Effect of New Accounting Principle in Period of Adoption	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-5.96M	USD	Point-in-time
Net income	`NetIncomeLoss`	$33.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.22M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax of $268	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.25M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax of $268	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.19M	USD	1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$22.00K	USD	1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$40.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$218.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.06M	USD	1 Quarter
Ending Balance, Shares	`CommonStockSharesIssued`	170.82M	shares	Point-in-time
Ending Balance, Shares	`CommonStockSharesIssued`	171.54M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.08B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-114.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$268.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.22M	USD	1 Quarter
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Net unrealized gain (loss), net of tax of $268 and ($114) in 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.25M	USD	1 Quarter
Net unrealized gain (loss), net of tax of $268 and ($114) in 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.19M	USD	1 Quarter
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$22.00K	USD	1 Quarter
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$40.00K	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.21M	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.21M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$218.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.06M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.43M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.84M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.53M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$40.06M	USD	1 Quarter

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