10-Q Filing

COGNEX CORP CIK: 851205 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000851205-21-000010`
Period End Date	20210331
Filing Date	20210506
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	cgnx-20210404_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 34 Cash Flow Statement 68 Stockholders Equity 30 Comprehensive Income 21

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$831.00K	USD	Point-in-time
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$798.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$269.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$242.69M	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	176.61M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	175.79M	shares	Point-in-time
Current investments, amortized cost of $142,469 and $102,258 in 2021 and 2020, respectively, allowance for credit losses of $0 in 2021 and 2020	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$103.24M	USD	Point-in-time
Current investments, amortized cost of $142,469 and $102,258 in 2021 and 2020, respectively, allowance for credit losses of $0 in 2021 and 2020	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$143.23M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	176.61M	shares	Point-in-time
Accounts receivable, allowance for credit losses of $798 and $831 in 2021 and 2020, respectively	`AccountsReceivableNetCurrent`	$128.82M	USD	Point-in-time
Accounts receivable, allowance for credit losses of $798 and $831 in 2021 and 2020, respectively	`AccountsReceivableNetCurrent`	$125.70M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	175.79M	shares	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$5.63M	USD	Point-in-time
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$1.66M	USD	Point-in-time
Preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	400,000.00	shares	Point-in-time
Preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	400,000.00	shares	Point-in-time
Inventories	`InventoryNet`	$61.39M	USD	Point-in-time
Inventories	`InventoryNet`	$60.83M	USD	Point-in-time
Preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$47.77M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$37.22M	USD	Point-in-time
Preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$601.69M	USD	Point-in-time
Preferred stock shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$625.57M	USD	Point-in-time
Non-current investments, amortized cost of $487,978 and $390,417 in 2021 and 2020, respectively, allowance for credit losses of $0 in 2021 and 2020	`LongTermInvestments`	$395.12M	USD	Point-in-time
Non-current investments, amortized cost of $487,978 and $390,417 in 2021 and 2020, respectively, allowance for credit losses of $0 in 2021 and 2020	`LongTermInvestments`	$490.36M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$79.17M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$77.08M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$22.58M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$20.78M	USD	Point-in-time
Goodwill	`Goodwill`	$244.08M	USD	Point-in-time
Goodwill	`Goodwill`	$243.04M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$15.55M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$14.63M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$429.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$434.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.69M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.79M	USD	Point-in-time
Total assets	`Assets`	$1.80B	USD	Point-in-time
Total assets	`Assets`	$1.91B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.97M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$60.42M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$77.26M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$9.38M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$18.82M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$51.66M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$21.27M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$159.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$132.30M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$18.12M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$16.22M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$314.95M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$310.88M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$14.26M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$14.75M	USD	Point-in-time
Non-current accrued income taxes	`AccruedIncomeTaxes`	$40.96M	USD	Point-in-time
Non-current accrued income taxes	`AccruedIncomeTaxes`	$48.91M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$9.45M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$9.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$538.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$551.96M	USD	Point-in-time
Preferred stock, $.01 par value Authorized: 400 shares in 2021 and 2020, respectively, no shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $.01 par value Authorized: 400 shares in 2021 and 2020, respectively, no shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, $.002 par value Authorized: 300,000 shares in 2021 and 2020, respectively, issued and outstanding: 176,608 and 175,790 shares in 2021 and 2020, respectively	`CommonStockValueOutstanding`	$352.00K	USD	Point-in-time
Common stock, $.002 par value Authorized: 300,000 shares in 2021 and 2020, respectively, issued and outstanding: 176,608 and 175,790 shares in 2021 and 2020, respectively	`CommonStockValueOutstanding`	$353.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$854.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$807.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$487.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$540.69M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-33.80M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-38.53M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.26B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.36B	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`	$1.91B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.80B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$239.03M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$167.24M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$41.20M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$54.05M	USD	1 Quarter
Gross margin	`GrossProfit`	$126.03M	USD	1 Quarter
Gross margin	`GrossProfit`	$184.98M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$34.10M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$35.95M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$72.42M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$69.14M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$20.95M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$78.45M	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.00M	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.01M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$1.55M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$5.23M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-168.00K	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`	$78.83M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.52M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.98M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$20.48M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$69.85M	USD	1 Quarter
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.40	USD	1 Quarter
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.12	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.29M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.41M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.97M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.60M	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`	$0.06	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$20.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$69.85M	USD	1 Quarter
Stock-based compensation expense	`StockOptionPlanExpense`	$14.79M	USD	1 Quarter
Stock-based compensation expense	`StockOptionPlanExpense`	$12.01M	USD	1 Quarter
Depreciation of property, plant, and equipment	`Depreciation`	$5.63M	USD	1 Quarter
Depreciation of property, plant, and equipment	`Depreciation`	$4.26M	USD	1 Quarter
Loss (gain) on disposal of property, plant, and equipment	`GainLossOnDispositionOfAssets1`	$2.00K	USD	1 Quarter
Loss (gain) on disposal of property, plant, and equipment	`GainLossOnDispositionOfAssets1`	$3.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$927.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.39M	USD	1 Quarter
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$705.00K	USD	1 Quarter
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$1.06M	USD	1 Quarter
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-586.00K	USD	1 Quarter
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-106.00K	USD	1 Quarter
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$1.85M	USD	1 Quarter
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Credit loss on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-160.00K	USD	1 Quarter
Credit loss on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	-	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.25M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.83M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.50M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.18M	USD	1 Quarter
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$3.96M	USD	1 Quarter
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-703.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.32M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-3.89M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.79M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.88M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.61M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.76M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$12.72M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-15.97M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$7.65M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$1.65M	USD	1 Quarter
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$11.96M	USD	1 Quarter
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$30.64M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$285.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.21M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.64M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$62.03M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$298.91M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$199.53M	USD	1 Quarter
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$160.55M	USD	1 Quarter
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$262.13M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.07M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.44M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-140.79M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$59.52M	USD	1 Quarter
Net proceeds from issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$9.97M	USD	1 Quarter
Net proceeds from issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$34.74M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$51.04M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$6.48M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$9.50M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$10.60M	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`	$17.67M	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.22M	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.90M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-26.39M	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`	$269.07M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.20M	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`	$242.69M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$269.07M	USD	Point-in-time
Cash and cash equivalents at end 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`	$242.69M	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-585.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-952.00K	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	176.61M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	175.79M	shares	Point-in-time
Net issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.97M	USD	1 Quarter
Net issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$34.74M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$6.48M	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`	$12.01M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$9.50M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$10.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$69.85M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.86M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.96M	USD	1 Quarter
Reclassification of credit loss (recovery) on investments	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$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
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.77M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.37M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesIssued`	176.61M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	175.79M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$20.48M	USD	1 Quarter
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$69.85M	USD	1 Quarter
Tax effect on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-585.00K	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) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.86M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.96M	USD	1 Quarter
Reclassification of credit loss (recovery) on investments into current operations	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	-	USD	1 Quarter
Reclassification of credit loss (recovery) on investments into current operations	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	$-160.00K	USD	1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$1.85M	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.96M	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-5.55M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.77M	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`	$-4.73M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.56M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$65.12M	USD	1 Quarter

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