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10-Q Filing

COGNEX CORP CIK: 851205 Q3 2020
Filing Information
Form Type 10-Q
Accession Number 0000851205-20-000016
Period End Date 20200930
Filing Date 20201028
Fiscal Year 2020
Fiscal Period Q3
XBRL Instance cgnx-20200927_htm.xml
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 $913.00K USD Point-in-time
Common stock par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock shares authorized (in shares) CommonStockSharesAuthorized 300.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $171.43M USD Point-in-time
Common stock shares authorized (in shares) CommonStockSharesAuthorized 300.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $298.36M USD Point-in-time
Current investments, amortized cost of $94,761 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
Common stock, shares issued (in shares) CommonStockSharesIssued 174.66M shares Point-in-time
Current investments, amortized cost of $94,761 and $235,610 in 2020 and 2019, respectively, allowance for expected credit losses of $0 in 2020 and 2019 AvailableForSaleSecuritiesDebtSecuritiesCurrent $95.36M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 172.44M shares Point-in-time
Accounts receivable, less reserves of $913 and $1,821 in 2020 and 2019, respectively AccountsReceivableNetCurrent $103.45M USD Point-in-time
Accounts receivable, less reserves of $913 and $1,821 in 2020 and 2019, respectively AccountsReceivableNetCurrent $127.75M USD Point-in-time
Unbilled revenue UnbilledReceivablesCurrent $4.78M USD Point-in-time
Unbilled revenue UnbilledReceivablesCurrent $15.39M USD Point-in-time
Inventories InventoryNet $60.26M USD Point-in-time
Inventories InventoryNet $53.86M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $37.41M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $26.84M USD Point-in-time
Total current assets AssetsCurrent $607.23M USD Point-in-time
Total current assets AssetsCurrent $628.14M USD Point-in-time
Non-current investments, amortized cost of $613,838 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 $613,838 and $431,633 in 2020 and 2019, respectively, allowance for expected credit losses of $75 and $0 in 2020 and 2019, respectively LongTermInvestments $619.34M USD Point-in-time
Property, plant, and equipment, net PropertyPlantAndEquipmentNet $89.44M USD Point-in-time
Property, plant, and equipment, net PropertyPlantAndEquipmentNet $81.22M USD Point-in-time
Operating lease assets OperatingLeaseRightOfUseAsset $17.52M USD Point-in-time
Operating lease assets OperatingLeaseRightOfUseAsset $24.94M USD Point-in-time
Goodwill Goodwill $243.13M USD Point-in-time
Goodwill Goodwill $243.44M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $16.48M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $39.49M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $449.52M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $439.57M USD Point-in-time
Other assets OtherAssetsNoncurrent $5.83M USD Point-in-time
Other assets OtherAssetsNoncurrent $7.68M USD Point-in-time
Total assets Assets $2.06B USD Point-in-time
Total assets Assets $1.89B USD Point-in-time
Accounts payable AccountsPayableCurrent $21.46M 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 $68.35M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $8.01M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $30.33M USD Point-in-time
Deferred revenue and customer deposits ContractWithCustomerLiabilityCurrent $14.43M USD Point-in-time
Deferred revenue and customer deposits ContractWithCustomerLiabilityCurrent $33.72M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $5.65M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $7.86M USD Point-in-time
Total current liabilities LiabilitiesCurrent $139.40M 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 $20.05M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $326.70M 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 $11.32M USD Point-in-time
Non-current accrued income taxes AccruedIncomeTaxes $48.91M USD Point-in-time
Non-current accrued income taxes AccruedIncomeTaxes $51.11M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $8.29M 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 $554.69M 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: 174,633 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: 174,633 and 172,440 shares in 2020 and 2019, respectively CommonStockValueOutstanding $349.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $639.37M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $762.83M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $753.27M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $780.52M 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 $-37.87M USD Point-in-time
Total shareholders equity StockholdersEquity $1.38B USD Point-in-time
Total shareholders equity StockholdersEquity $1.51B USD Point-in-time
Total shareholders equity StockholdersEquity $1.24B 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 $1.19B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $1.89B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $2.06B USD Point-in-time
Income Statement 78 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $587.40M USD 3 Qtrs
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $183.32M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $251.07M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $555.86M USD 3 Qtrs
Cost of revenue CostOfGoodsAndServicesSold $59.74M USD 1 Quarter
Cost of revenue CostOfGoodsAndServicesSold $47.63M USD 1 Quarter
Cost of revenue CostOfGoodsAndServicesSold $144.88M USD 3 Qtrs
Cost of revenue CostOfGoodsAndServicesSold $151.26M USD 3 Qtrs
Gross margin GrossProfit $135.69M USD 1 Quarter
Gross margin GrossProfit $410.97M USD 3 Qtrs
Gross margin GrossProfit $436.14M USD 3 Qtrs
Gross margin GrossProfit $191.33M USD 1 Quarter
Research, development, and engineering expenses ResearchAndDevelopmentExpense $28.11M USD 1 Quarter
Research, development, and engineering expenses ResearchAndDevelopmentExpense $96.58M USD 3 Qtrs
Research, development, and engineering expenses ResearchAndDevelopmentExpense $86.44M USD 3 Qtrs
Research, development, and engineering expenses ResearchAndDevelopmentExpense $30.24M USD 1 Quarter
Selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $193.50M USD 3 Qtrs
Selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $64.49M USD 1 Quarter
Selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $64.21M USD 1 Quarter
Selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $199.54M USD 3 Qtrs
Restructuring charges (Note 16) RestructuringCharges $14.80M USD 1 Quarter
Restructuring charges (Note 16) RestructuringCharges $251.00K USD 1 Quarter
Restructuring charges (Note 16) RestructuringCharges $15.05M USD 3 Qtrs
Restructuring charges (Note 16) RestructuringCharges - USD 3 Qtrs
Restructuring charges (Note 16) RestructuringCharges - USD 1 Quarter
Intangible asset impairment charges (Note 8) ImpairmentOfIntangibleAssetsExcludingGoodwill - USD 1 Quarter
Intangible asset impairment charges (Note 8) ImpairmentOfIntangibleAssetsExcludingGoodwill - USD 1 Quarter
Intangible asset impairment charges (Note 8) ImpairmentOfIntangibleAssetsExcludingGoodwill $19.57M USD 1 Quarter
Intangible asset impairment charges (Note 8) ImpairmentOfIntangibleAssetsExcludingGoodwill - USD 3 Qtrs
Intangible asset impairment charges (Note 8) ImpairmentOfIntangibleAssetsExcludingGoodwill $19.57M USD 3 Qtrs
Operating income OperatingIncomeLoss $96.64M USD 1 Quarter
Operating income OperatingIncomeLoss $125.00M USD 3 Qtrs
Operating income OperatingIncomeLoss $43.09M USD 1 Quarter
Operating income OperatingIncomeLoss $111.44M USD 3 Qtrs
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $-1.40M USD 3 Qtrs
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $-310.00K USD 3 Qtrs
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $2.36M USD 1 Quarter
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $-1.29M USD 1 Quarter
Investment income InvestmentIncomeNonoperating $11.01M USD 3 Qtrs
Investment income InvestmentIncomeNonoperating $15.24M USD 3 Qtrs
Investment income InvestmentIncomeNonoperating $2.49M USD 1 Quarter
Investment income InvestmentIncomeNonoperating $5.11M USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $456.00K USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $-173.00K USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $-153.00K USD 3 Qtrs
Other income (expense) OtherNonoperatingIncomeExpense $1.24M USD 3 Qtrs
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $101.31M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $121.99M USD 3 Qtrs
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $140.07M USD 3 Qtrs
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $47.37M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $5.68M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $15.15M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $13.80M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $16.54M USD 3 Qtrs
Net Income NetIncomeLoss $106.84M USD 3 Qtrs
Net Income NetIncomeLoss $123.54M USD 3 Qtrs
Net Income NetIncomeLoss $41.69M USD 1 Quarter
Net Income NetIncomeLoss $87.51M USD 1 Quarter
Basic (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.72 USD 3 Qtrs
Basic (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.50 USD 1 Quarter
Basic (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.24 USD 1 Quarter
Basic (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.62 USD 3 Qtrs
Diluted (usd per share) EarningsPerShareDiluted $0.24 USD 1 Quarter
Diluted (usd per share) EarningsPerShareDiluted $0.71 USD 3 Qtrs
Diluted (usd per share) EarningsPerShareDiluted $0.61 USD 3 Qtrs
Diluted (usd per share) EarningsPerShareDiluted $0.49 USD 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 170.74M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 173.94M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 172.88M shares 3 Qtrs
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 171.05M shares 3 Qtrs
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 174.45M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 176.04M shares 3 Qtrs
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 177.14M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 175.16M shares 3 Qtrs
Cash dividends per common share (usd per share) CommonStockDividendsPerShareCashPaid $0.15 USD 3 Qtrs
Cash dividends per common share (usd per share) CommonStockDividendsPerShareCashPaid $0.17 USD 3 Qtrs
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 82 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $106.84M USD 3 Qtrs
Net income NetIncomeLoss $123.54M USD 3 Qtrs
Net income NetIncomeLoss $41.69M USD 1 Quarter
Net income NetIncomeLoss $87.51M USD 1 Quarter
Stock-based compensation expense StockOptionPlanExpense $32.08M USD 3 Qtrs
Stock-based compensation expense StockOptionPlanExpense $33.44M USD 3 Qtrs
Depreciation of property, plant, and equipment Depreciation $16.47M USD 3 Qtrs
Depreciation of property, plant, and equipment Depreciation $15.80M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $3.44M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $2.12M USD 3 Qtrs
Intangible asset impairment charges ImpairmentOfIntangibleAssetsExcludingGoodwill - USD 1 Quarter
Intangible asset impairment charges ImpairmentOfIntangibleAssetsExcludingGoodwill - USD 1 Quarter
Intangible asset impairment charges ImpairmentOfIntangibleAssetsExcludingGoodwill $19.57M USD 1 Quarter
Intangible asset impairment charges ImpairmentOfIntangibleAssetsExcludingGoodwill - USD 3 Qtrs
Intangible asset impairment charges ImpairmentOfIntangibleAssetsExcludingGoodwill $19.57M USD 3 Qtrs
Excess and obsolete inventory charges ExcessAndObsoleteInventoryCharges $4.12M USD 3 Qtrs
Excess and obsolete inventory charges ExcessAndObsoleteInventoryCharges $9.39M USD 3 Qtrs
Excess and obsolete inventory charges ExcessAndObsoleteInventoryCharges $7.72M USD 1 Quarter
Operating lease asset impairment charges OperatingLeaseImpairmentLoss $2.53M USD 1 Quarter
Operating lease asset impairment charges OperatingLeaseImpairmentLoss $2.53M USD 3 Qtrs
Operating lease asset impairment charges OperatingLeaseImpairmentLoss - USD 3 Qtrs
Amortization of discounts or premiums on investments AccretionAmortizationOfDiscountsAndPremiumsInvestments $-765.00K USD 3 Qtrs
Amortization of discounts or premiums on investments AccretionAmortizationOfDiscountsAndPremiumsInvestments $563.00K USD 3 Qtrs
Realized gain on sale of investments GainLossOnSaleOfInvestments $3.59M USD 3 Qtrs
Realized gain on sale of investments GainLossOnSaleOfInvestments $716.00K USD 3 Qtrs
Credit loss on investments FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery $75.00K USD 3 Qtrs
Credit loss on investments FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery - USD 3 Qtrs
Revaluation of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $-1.40M USD 3 Qtrs
Revaluation of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $-114.00K USD 3 Qtrs
Change in deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-3.19M USD 3 Qtrs
Change in deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $1.80M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-11.39M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $23.88M USD 3 Qtrs
Unbilled revenue IncreaseDecreaseInContractWithCustomerLiability $-10.61M USD 3 Qtrs
Unbilled revenue IncreaseDecreaseInContractWithCustomerLiability $-2.90M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $3.06M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $-13.90M USD 3 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-5.83M USD 3 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $10.72M USD 3 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $3.59M USD 3 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $-3.40M USD 3 Qtrs
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-11.83M USD 3 Qtrs
Accrued expenses IncreaseDecreaseInAccruedLiabilities $17.03M USD 3 Qtrs
Accrued income taxes IncreaseDecreaseInAccruedTaxesPayable $-1.04M USD 3 Qtrs
Accrued income taxes IncreaseDecreaseInAccruedTaxesPayable $-23.63M USD 3 Qtrs
Deferred revenue and customer deposits IncreaseDecreaseInDeferredRevenue $19.07M USD 3 Qtrs
Deferred revenue and customer deposits IncreaseDecreaseInDeferredRevenue $698.00K USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $1.62M USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $-1.02M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $159.45M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $185.56M USD 3 Qtrs
Purchases of investments PaymentsToAcquireInvestments $601.45M USD 3 Qtrs
Purchases of investments PaymentsToAcquireInvestments $883.36M USD 3 Qtrs
Maturities and sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $781.93M USD 3 Qtrs
Maturities and sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $567.25M USD 3 Qtrs
Purchases of property, plant, and equipment PaymentsToAcquirePropertyPlantAndEquipment $13.52M USD 3 Qtrs
Purchases of property, plant, and equipment PaymentsToAcquirePropertyPlantAndEquipment $9.83M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-44.03M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-114.95M USD 3 Qtrs
Issuance of common stock under stock plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $91.39M USD 3 Qtrs
Issuance of common stock under stock plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $31.78M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $51.04M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $61.69M USD 3 Qtrs
Payment of dividends PaymentsOfDividendsCommonStock $28.55M USD 3 Qtrs
Payment of dividends PaymentsOfDividendsCommonStock $25.68M USD 3 Qtrs
Payment of contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities $1.04M USD 1 Quarter
Payment of contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities $1.04M USD 3 Qtrs
Payment of contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities - USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-55.59M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $10.76M USD 3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.53M USD 3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $745.00K USD 3 Qtrs
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $13.49M USD 3 Qtrs
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $126.92M USD 3 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $108.21M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $121.70M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $171.43M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.36M 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 $121.70M 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 $298.36M 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 $2.85M USD 1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $502.00K USD 3 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-5.00K USD 1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $1.07M USD 3 Qtrs
Beginning Balance (in shares) CommonStockSharesIssued 174.66M shares Point-in-time
Beginning Balance (in shares) CommonStockSharesIssued 172.44M shares Point-in-time
Beginning Balance StockholdersEquity $1.38B USD Point-in-time
Beginning Balance StockholdersEquity $1.51B USD Point-in-time
Beginning Balance StockholdersEquity $1.24B USD Point-in-time
Beginning Balance StockholdersEquity $1.14B USD Point-in-time
Beginning Balance StockholdersEquity $1.36B USD Point-in-time
Beginning Balance StockholdersEquity $1.19B USD Point-in-time
Issuance of common stock under stock plans StockIssuedDuringPeriodValueStockOptionsExercised $43.16M USD 1 Quarter
Issuance of common stock under stock plans StockIssuedDuringPeriodValueStockOptionsExercised $91.39M USD 3 Qtrs
Issuance of common stock under stock plans StockIssuedDuringPeriodValueStockOptionsExercised $31.78M USD 3 Qtrs
Issuance of common stock under stock plans StockIssuedDuringPeriodValueStockOptionsExercised $5.36M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue - USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue - USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $61.69M USD 3 Qtrs
Repurchase of common stock StockRepurchasedDuringPeriodValue $51.04M USD 3 Qtrs
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.27M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.19M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $32.08M USD 3 Qtrs
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $33.44M USD 3 Qtrs
Payment of dividends DividendsCash $25.68M USD 3 Qtrs
Payment of dividends DividendsCash $28.55M USD 3 Qtrs
Payment of dividends DividendsCash $9.58M USD 1 Quarter
Payment of dividends DividendsCash $8.54M USD 1 Quarter
Net income NetIncomeLoss $106.84M USD 3 Qtrs
Net income NetIncomeLoss $123.54M USD 3 Qtrs
Net income NetIncomeLoss $41.69M USD 1 Quarter
Net income NetIncomeLoss $87.51M USD 1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $4.83M USD 3 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-2.31M USD 1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $6.28M USD 3 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $265.00K USD 1 Quarter
Reclassification of credit (recovery) loss on investments OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax - USD 1 Quarter
Reclassification of credit (recovery) loss on investments OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax - USD 1 Quarter
Reclassification of credit (recovery) loss on investments OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax $-75.00K USD 3 Qtrs
Reclassification of credit (recovery) loss on investments OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax - USD 3 Qtrs
Reclassification of net realized (gain) loss on the sale of available-for-sale investments OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $294.00K USD 1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $716.00K USD 3 Qtrs
Reclassification of net realized (gain) loss on the sale of available-for-sale investments OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $786.00K USD 1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $3.59M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-3.36M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.10M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.54M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.10M USD 1 Quarter
Ending Balance (in shares) CommonStockSharesIssued 174.66M shares Point-in-time
Ending Balance (in shares) CommonStockSharesIssued 172.44M shares Point-in-time
Ending Balance StockholdersEquity $1.38B USD Point-in-time
Ending Balance StockholdersEquity $1.51B USD Point-in-time
Ending Balance StockholdersEquity $1.24B USD Point-in-time
Ending Balance StockholdersEquity $1.14B USD Point-in-time
Ending Balance StockholdersEquity $1.36B USD Point-in-time
Ending Balance StockholdersEquity $1.19B USD Point-in-time
Comprehensive Income 44 line items
Line Item Tag Value Unit Period
Tax effect on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax - USD 3 Qtrs
Net income NetIncomeLoss $106.84M USD 3 Qtrs
Net income NetIncomeLoss $123.54M USD 3 Qtrs
Tax effect on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax - USD 1 Quarter
Net income NetIncomeLoss $41.69M USD 1 Quarter
Tax effect on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax - USD 1 Quarter
Net income NetIncomeLoss $87.51M USD 1 Quarter
Tax effect on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax - USD 3 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $2.85M USD 1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $502.00K USD 3 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-5.00K USD 1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $1.07M USD 3 Qtrs
Tax effect of foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Tax effect of foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 3 Qtrs
Tax effect of foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Tax effect of foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 3 Qtrs
Net unrealized gain (loss), net of tax of $2,855 and ($5) in the three-month periods and net of tax of $1,067 and $502 in the nine-month periods, respectively OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $4.83M USD 3 Qtrs
Net unrealized gain (loss), net of tax of $2,855 and ($5) in the three-month periods and net of tax of $1,067 and $502 in the nine-month periods, respectively OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-2.31M USD 1 Quarter
Net unrealized gain (loss), net of tax of $2,855 and ($5) in the three-month periods and net of tax of $1,067 and $502 in the nine-month periods, respectively OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $6.28M USD 3 Qtrs
Net unrealized gain (loss), net of tax of $2,855 and ($5) in the three-month periods and net of tax of $1,067 and $502 in the nine-month periods, respectively OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $265.00K USD 1 Quarter
Reclassification of credit (recovery) loss on investments into current operations OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax - USD 1 Quarter
Reclassification of credit (recovery) loss on investments into current operations OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax - USD 1 Quarter
Reclassification of credit (recovery) loss on investments into current operations OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax $-75.00K USD 3 Qtrs
Reclassification of credit (recovery) loss on investments into current operations OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax - USD 3 Qtrs
Reclassification of net realized (gain) loss into current operations OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $294.00K USD 1 Quarter
Reclassification of net realized (gain) loss into current operations OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $716.00K USD 3 Qtrs
Reclassification of net realized (gain) loss into current operations OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $786.00K USD 1 Quarter
Reclassification of net realized (gain) loss into current operations OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $3.59M USD 3 Qtrs
Net change related to available-for-sale investments OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $4.11M USD 3 Qtrs
Net change related to available-for-sale investments OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-3.09M USD 1 Quarter
Net change related to available-for-sale investments OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-29.00K USD 1 Quarter
Net change related to available-for-sale investments OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $2.77M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-3.36M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.10M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.54M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.10M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $2.57M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-996.00K USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-1.13M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-598.00K USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $86.51M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $106.24M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $40.56M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $126.11M USD 3 Qtrs

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

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