10-Q Filing

COGNEX CORP CIK: 851205 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000851205-20-000011`
Period End Date	20200630
Filing Date	20200729
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	cgnx-20200628_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 76 Cash Flow Statement 81 Stockholders Equity 56 Comprehensive Income 44

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.82M	USD	Point-in-time
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.23M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.43M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$286.02M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	173.05M	shares	Point-in-time
Current investments, amortized cost of $141,874 and $235,610 in 2020 and 2019, respectively, allowance for expected credit losses of $0 in 2020 and 2019	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$240.47M	USD	Point-in-time
Current investments, amortized cost of $141,874 and $235,610 in 2020 and 2019, respectively, allowance for expected credit losses of $0 in 2020 and 2019	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$143.08M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	172.44M	shares	Point-in-time
Accounts receivable, less reserves of $2,235 and $1,821 in 2020 and 2019, respectively	`AccountsReceivableNetCurrent`	$111.67M	USD	Point-in-time
Accounts receivable, less reserves of $2,235 and $1,821 in 2020 and 2019, respectively	`AccountsReceivableNetCurrent`	$103.45M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$4.78M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$978.00K	USD	Point-in-time
Inventories	`InventoryNet`	$52.95M	USD	Point-in-time
Inventories	`InventoryNet`	$60.26M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$26.84M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$51.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$646.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$607.23M	USD	Point-in-time
Non-current investments, amortized cost of $461,948 and $431,633 in 2020 and 2019, respectively, allowance for expected credit losses of $75 and $0 in 2020 and 2019, respectively	`LongTermInvestments`	$433.45M	USD	Point-in-time
Non-current investments, amortized cost of $461,948 and $431,633 in 2020 and 2019, respectively, allowance for expected credit losses of $75 and $0 in 2020 and 2019, respectively	`LongTermInvestments`	$467.09M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$83.94M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$89.44M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$17.52M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$25.82M	USD	Point-in-time
Goodwill	`Goodwill`	$242.44M	USD	Point-in-time
Goodwill	`Goodwill`	$243.44M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$39.49M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$17.34M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$449.52M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$443.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.04M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.83M	USD	Point-in-time
Total assets	`Assets`	$1.93B	USD	Point-in-time
Total assets	`Assets`	$1.89B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$17.87M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$52.20M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$66.26M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$30.33M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$5.95M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$14.43M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$46.74M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.65M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$144.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$120.48M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$21.21M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$12.33M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$332.34M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$326.30M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$12.30M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$11.56M	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`	$2.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$5.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$530.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$558.39M	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: 173,047 and 172,440 shares in 2020 and 2019, respectively	`CommonStockValueOutstanding`	$346.00K	USD	Point-in-time
Common stock, $.002 par value Authorized: 300,000 shares in 2020 and 2019, respectively, issued and outstanding: 173,047 and 172,440 shares in 2020 and 2019, respectively	`CommonStockValueOutstanding`	$345.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$710.41M	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`	$702.60M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.27M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-36.88M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.14B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.93B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$199.05M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$169.10M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$372.53M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$336.33M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$50.32M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$97.25M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$50.97M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$91.52M	USD	2 Qtrs
Gross margin	`GrossProfit`	$275.28M	USD	2 Qtrs
Gross margin	`GrossProfit`	$148.08M	USD	1 Quarter
Gross margin	`GrossProfit`	$118.78M	USD	1 Quarter
Gross margin	`GrossProfit`	$244.81M	USD	2 Qtrs
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$58.32M	USD	2 Qtrs
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$28.08M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$30.40M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$66.34M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$129.29M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$60.15M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$68.25M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$135.06M	USD	2 Qtrs
Restructuring charges (Note 16)	`RestructuringCharges`	$14.80M	USD	1 Quarter
Restructuring charges (Note 16)	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges (Note 16)	`RestructuringCharges`	-	USD	2 Qtrs
Restructuring charges (Note 16)	`RestructuringCharges`	$14.80M	USD	2 Qtrs
Intangible asset impairment charges (Note 8)	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	2 Qtrs
Intangible asset impairment charges (Note 8)	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	1 Quarter
Intangible asset impairment charges (Note 8)	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	2 Qtrs
Intangible asset impairment charges (Note 8)	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-6.14M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$14.81M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$51.76M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$81.90M	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.67M	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$336.00K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$140.00K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-108.00K	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$3.29M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$5.22M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$8.52M	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$10.13M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$203.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$20.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-144.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$783.00K	USD	2 Qtrs
Income (loss) before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$92.71M	USD	2 Qtrs
Income (loss) before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.68M	USD	2 Qtrs
Income (loss) before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.31M	USD	1 Quarter
Income (loss) before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$56.98M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.17M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.35M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$10.85M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$8.23M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-1.14M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$19.34M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$48.75M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$81.85M	USD	2 Qtrs
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.28	USD	1 Quarter
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.01	USD	1 Quarter
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.48	USD	2 Qtrs
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.11	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.11	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.47	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.21M	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.28M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.32M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.34M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.50M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.28M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.53M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.45M	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`	$0.11	USD	2 Qtrs
Cash dividends per common share (usd per share)	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Cash dividends per common share (usd per share)	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	2 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-1.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.34M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.85M	USD	2 Qtrs
Stock-based compensation expense	`StockOptionPlanExpense`	$22.81M	USD	2 Qtrs
Stock-based compensation expense	`StockOptionPlanExpense`	$23.25M	USD	2 Qtrs
Depreciation of property, plant, and equipment	`Depreciation`	$11.16M	USD	2 Qtrs
Depreciation of property, plant, and equipment	`Depreciation`	$10.54M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.54M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.58M	USD	2 Qtrs
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	2 Qtrs
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	1 Quarter
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	2 Qtrs
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$1.71M	USD	2 Qtrs
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$7.72M	USD	1 Quarter
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$8.78M	USD	2 Qtrs
Operating lease asset impairment charges	`OperatingLeaseImpairmentLoss`	-	USD	2 Qtrs
Operating lease asset impairment charges	`OperatingLeaseImpairmentLoss`	$2.53M	USD	1 Quarter
Operating lease asset impairment charges	`OperatingLeaseImpairmentLoss`	$2.53M	USD	2 Qtrs
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-328.00K	USD	2 Qtrs
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$342.00K	USD	2 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$422.00K	USD	2 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$2.81M	USD	2 Qtrs
Credit loss on investments	`FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery`	$75.00K	USD	2 Qtrs
Credit loss on investments	`FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery`	-	USD	2 Qtrs
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-863.00K	USD	2 Qtrs
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-114.00K	USD	2 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.31M	USD	2 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-11.38M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.96M	USD	2 Qtrs
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.99M	USD	2 Qtrs
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$3.80M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-8.68M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.66M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$463.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$25.46M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.53M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$143.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-12.27M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$15.81M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-25.41M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-4.00M	USD	2 Qtrs
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$32.59M	USD	2 Qtrs
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$8.57M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.19M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.52M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$120.15M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$79.02M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$664.90M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$317.54M	USD	2 Qtrs
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$587.17M	USD	2 Qtrs
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$387.76M	USD	2 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.97M	USD	2 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.99M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.69M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$63.24M	USD	2 Qtrs
Issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$48.23M	USD	2 Qtrs
Issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$26.42M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$61.69M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$51.04M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$17.15M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$18.97M	USD	2 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.04M	USD	2 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.04M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.81M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-52.42M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-149.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.86M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-19.11M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$114.59M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.02M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$89.10M	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`	$171.43M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.02M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$89.10M	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`	$171.43M	USD	Point-in-time

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-1.79M	USD	2 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$507.00K	USD	2 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-836.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$239.00K	USD	1 Quarter
Beginning Balance (in shares)	`CommonStockSharesIssued`	173.05M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	172.44M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$26.42M	USD	2 Qtrs
Issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$48.23M	USD	2 Qtrs
Issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$12.07M	USD	1 Quarter
Issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$38.26M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$61.69M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$61.69M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$51.04M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.02M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.25M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.81M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.97M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$18.97M	USD	2 Qtrs
Payment of dividends	`DividendsCash`	$17.15M	USD	2 Qtrs
Payment of dividends	`DividendsCash`	$8.58M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$9.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-1.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.34M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.85M	USD	2 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($82)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.31M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($82)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$12.45M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($82)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.59M	USD	2 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($82)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.56M	USD	2 Qtrs
Reclassification of credit (recovery) loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	$-75.00K	USD	2 Qtrs
Reclassification of credit (recovery) loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	$85.00K	USD	1 Quarter
Reclassification of credit (recovery) loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	-	USD	1 Quarter
Reclassification of credit (recovery) loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	-	USD	2 Qtrs
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$382.00K	USD	1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$2.81M	USD	2 Qtrs
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$955.00K	USD	1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$422.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.46M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-445.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-663.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.90M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesIssued`	173.05M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	172.44M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-1.14M	USD	1 Quarter
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	2 Qtrs
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	2 Qtrs
Net income	`NetIncomeLoss`	$19.34M	USD	2 Qtrs
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.85M	USD	2 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-1.79M	USD	2 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$507.00K	USD	2 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-836.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$239.00K	USD	1 Quarter
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	2 Qtrs
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	2 Qtrs
Net unrealized gain (loss), net of tax of ($836) and $239 in the three-month periods and net of tax of ($1,788) and $507 in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.31M	USD	1 Quarter
Net unrealized gain (loss), net of tax of ($836) and $239 in the three-month periods and net of tax of ($1,788) and $507 in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$12.45M	USD	1 Quarter
Net unrealized gain (loss), net of tax of ($836) and $239 in the three-month periods and net of tax of ($1,788) and $507 in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.59M	USD	2 Qtrs
Net unrealized gain (loss), net of tax of ($836) and $239 in the three-month periods and net of tax of ($1,788) and $507 in the six-month periods, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.56M	USD	2 Qtrs
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	$-75.00K	USD	2 Qtrs
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	$85.00K	USD	1 Quarter
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	-	USD	1 Quarter
Reclassification of credit loss on investments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	-	USD	2 Qtrs
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$382.00K	USD	1 Quarter
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$2.81M	USD	2 Qtrs
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$955.00K	USD	1 Quarter
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$422.00K	USD	2 Qtrs
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$4.14M	USD	2 Qtrs
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.93M	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$11.41M	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$5.86M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.46M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-445.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-663.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.90M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.31M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.69M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.27M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$398.00K	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$85.55M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.17M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.73M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$50.02M	USD	1 Quarter

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