10-Q Filing

COGNEX CORP CIK: 851205 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000851205-20-000004`
Period End Date	20200331
Filing Date	20200427
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	cgnx-3292020x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 34 Cash Flow Statement 66 Stockholders Equity 31 Comprehensive Income 22

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.06M	USD	Point-in-time
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.82M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.43M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.20M	USD	Point-in-time
Current investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$159.24M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	172.44M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	171.69M	shares	Point-in-time
Current investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$240.47M	USD	Point-in-time
Accounts receivable, less reserves of $2,061 and $1,821 in 2020 and 2019, respectively	`AccountsReceivableNetCurrent`	$103.45M	USD	Point-in-time
Accounts receivable, less reserves of $2,061 and $1,821 in 2020 and 2019, respectively	`AccountsReceivableNetCurrent`	$100.46M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$5.49M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$4.78M	USD	Point-in-time
Inventories	`InventoryNet`	$60.26M	USD	Point-in-time
Inventories	`InventoryNet`	$54.98M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$35.91M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$26.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$595.29M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$607.23M	USD	Point-in-time
Non-current investments	`LongTermInvestments`	$433.45M	USD	Point-in-time
Non-current investments	`LongTermInvestments`	$446.95M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$89.44M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$86.70M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$17.35M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$17.52M	USD	Point-in-time
Goodwill	`Goodwill`	$242.21M	USD	Point-in-time
Goodwill	`Goodwill`	$243.44M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$38.10M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$39.49M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$39.49M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$450.28M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$449.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.19M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.83M	USD	Point-in-time
Total assets	`Assets`	$1.89B	USD	Point-in-time
Total assets	`Assets`	$1.89B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$17.87M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$52.20M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$63.95M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$38.69M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$30.33M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$26.25M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$14.43M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.65M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$150.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$120.48M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$12.33M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$12.42M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$330.53M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$332.34M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$11.56M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$11.89M	USD	Point-in-time
Non-current accrued income taxes	`AccruedIncomeTaxes`	$51.11M	USD	Point-in-time
Non-current accrued income taxes	`AccruedIncomeTaxes`	$48.91M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.19M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$530.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$557.58M	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 2020 and 2019, respectively, issued and outstanding: 171,688 and 172,440 shares in 2020 and 2019, respectively	`CommonStockValueOutstanding`	$345.00K	USD	Point-in-time
Common stock, $.002 par value Authorized: 300,000 shares in 2020 and 2019, respectively, issued and outstanding: 171,688 and 172,440 shares in 2020 and 2019, respectively	`CommonStockValueOutstanding`	$344.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$664.13M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$639.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$753.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$713.21M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-50.19M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.27M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.14B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$167.24M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$173.48M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$41.20M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$46.28M	USD	1 Quarter
Gross margin	`GrossProfit`	$127.20M	USD	1 Quarter
Gross margin	`GrossProfit`	$126.03M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$30.24M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$35.95M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$69.14M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$66.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$20.95M	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`	$-3.00M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$5.23M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$4.91M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$927.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-183.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.99M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.73M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.63M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.52M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$33.10M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$20.48M	USD	1 Quarter
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.19	USD	1 Quarter
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.12	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.41M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.10M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.60M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.61M	shares	1 Quarter
Cash dividends per common share (usd per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Cash dividends per common share (usd per share)	`CommonStockDividendsPerShareCashPaid`	$0.05	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`	$20.48M	USD	1 Quarter
Stock-based compensation expense	`StockOptionPlanExpense`	$14.79M	USD	1 Quarter
Stock-based compensation expense	`StockOptionPlanExpense`	$12.28M	USD	1 Quarter
Depreciation of property, plant, and equipment	`Depreciation`	$5.63M	USD	1 Quarter
Depreciation of property, plant, and equipment	`Depreciation`	$5.17M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$769.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.39M	USD	1 Quarter
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.46M	USD	1 Quarter
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-106.00K	USD	1 Quarter
Realized (gain) loss on sale of investments	`GainLossOnSaleOfInvestments`	$1.85M	USD	1 Quarter
Realized (gain) loss on sale of investments	`GainLossOnSaleOfInvestments`	$40.00K	USD	1 Quarter
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	-	USD	1 Quarter
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	$160.00K	USD	1 Quarter
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-985.00K	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.83M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.14M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.18M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.83M	USD	1 Quarter
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-703.00K	USD	1 Quarter
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.89M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-4.07M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-4.95M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.79M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.19M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.25M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.61M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$12.72M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-11.71M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-3.50M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$7.65M	USD	1 Quarter
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$11.96M	USD	1 Quarter
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$6.76M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$439.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.10M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.26M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.14M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$199.53M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$258.60M	USD	1 Quarter
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$262.13M	USD	1 Quarter
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$193.57M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.07M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.08M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$59.52M	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`	$14.35M	USD	1 Quarter
Issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$9.97M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$51.04M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$8.56M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$9.50M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-50.57M	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	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.33M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.92M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$67.77M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.43M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.21M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.43M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.21M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.20M	USD	Point-in-time

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$268.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-952.00K	USD	1 Quarter
Beginning Balance (in shares)	`CommonStockSharesIssued`	172.44M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	171.69M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.97M	USD	1 Quarter
Issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$14.35M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$51.04M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.79M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.28M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$8.56M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$9.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.48M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($82)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.86M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($82)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.25M	USD	1 Quarter
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	-	USD	1 Quarter
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	$160.00K	USD	1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$1.85M	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`	$-7.37M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesIssued`	172.44M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	171.69M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$33.10M	USD	1 Quarter
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.48M	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$268.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-952.00K	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 ($952) and $268 in 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.86M	USD	1 Quarter
Net unrealized gain (loss), net of tax of ($952) and $268 in 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.25M	USD	1 Quarter
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	-	USD	1 Quarter
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	$160.00K	USD	1 Quarter
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$1.85M	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`	$-5.55M	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.21M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$218.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.37M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.92M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.43M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.53M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.56M	USD	1 Quarter

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