10-Q Filing

COGNEX CORP CIK: 851205 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000851205-21-000024`
Period End Date	20210930
Filing Date	20211104
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	cgnx-20211003_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 77 Cash Flow Statement 84 Stockholders Equity 56 Comprehensive Income 36

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Amortized cost of current investments	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$102.26M	USD	Point-in-time
Amortized cost of current investments	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$188.35M	USD	Point-in-time
Allowance for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossCurrent`	-	USD	Point-in-time
Allowance for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossCurrent`	-	USD	Point-in-time
Allowance for credit losses, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$792.00K	USD	Point-in-time
Allowance for credit losses, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$831.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$203.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$269.07M	USD	Point-in-time
Amortized cost of non-current investments	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$591.38M	USD	Point-in-time
Current investments, amortized cost of $188,349 and $102,258 in 2021 and 2020, respectively, allowance for credit losses of $0 in 2021 and 2020	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$189.11M	USD	Point-in-time
Current investments, amortized cost of $188,349 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
Amortized cost of non-current investments	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$390.42M	USD	Point-in-time
Accounts receivable, allowance for credit losses of $792 and $831 in 2021 and 2020, respectively	`AccountsReceivableNetCurrent`	$125.70M	USD	Point-in-time
Allowance for credit losses, non-current	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Accounts receivable, allowance for credit losses of $792 and $831 in 2021 and 2020, respectively	`AccountsReceivableNetCurrent`	$129.78M	USD	Point-in-time
Allowance for credit losses, non-current	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	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`	$7.33M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$5.63M	USD	Point-in-time
Inventories	`InventoryNet`	$81.17M	USD	Point-in-time
Preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	400,000.00	shares	Point-in-time
Inventories	`InventoryNet`	$60.83M	USD	Point-in-time
Preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	400,000.00	shares	Point-in-time
Preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$37.22M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$61.20M	USD	Point-in-time
Preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$672.07M	USD	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
Preferred stock shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	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
Non-current investments, amortized cost of $591,378 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 $591,378 and $390,417 in 2021 and 2020, respectively, allowance for credit losses of $0 in 2021 and 2020	`LongTermInvestments`	$592.79M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$79.17M	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$76.88M	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$24.15M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	175.79M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$22.58M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	176.80M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	176.80M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	175.79M	shares	Point-in-time
Goodwill	`Goodwill`	$244.08M	USD	Point-in-time
Goodwill	`Goodwill`	$241.80M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$15.55M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$12.78M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$420.96M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$434.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.79M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.36M	USD	Point-in-time
Total assets	`Assets`	$2.05B	USD	Point-in-time
Total assets	`Assets`	$1.80B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.80M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$80.34M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$77.26M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$12.27M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$9.38M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$21.27M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$37.84M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.89M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$165.14M	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`	$18.92M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$302.02M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$314.95M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$14.80M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$14.26M	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`	$14.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$9.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$555.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$538.50M	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: 176,799 and 175,790 shares in 2021 and 2020, respectively	`CommonStockValueOutstanding`	$354.00K	USD	Point-in-time
Common stock, $.002 par value Authorized: 300,000 shares in 2021 and 2020, respectively, issued and outstanding: 176,799 and 175,790 shares in 2021 and 2020, respectively	`CommonStockValueOutstanding`	$352.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$900.19M	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`	$634.16M	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`	$-41.75M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.26B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.49B	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`	$1.43B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.05B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.80B	USD	Point-in-time

Income Statement 77 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$251.07M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$793.03M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$284.85M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$587.40M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$151.26M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$59.74M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$85.71M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$208.19M	USD	3 Qtrs
Gross margin	`GrossProfit`	$584.84M	USD	3 Qtrs
Gross margin	`GrossProfit`	$199.14M	USD	1 Quarter
Gross margin	`GrossProfit`	$191.33M	USD	1 Quarter
Gross margin	`GrossProfit`	$436.14M	USD	3 Qtrs
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$34.48M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$96.58M	USD	3 Qtrs
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$30.24M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$99.88M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$226.38M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$64.21M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$77.11M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$193.50M	USD	3 Qtrs
Restructuring charges (Note 16)	`RestructuringCharges`	$251.00K	USD	1 Quarter
Restructuring charges (Note 16)	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges (Note 16)	`RestructuringCharges`	$15.05M	USD	3 Qtrs
Restructuring charges (Note 16)	`RestructuringCharges`	-	USD	3 Qtrs
Intangible asset impairment charges (Note 8)	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	1 Quarter
Intangible asset impairment charges (Note 8)	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Intangible asset impairment charges (Note 8)	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	3 Qtrs
Intangible asset impairment charges (Note 8)	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Intangible asset impairment charges (Note 8)	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$96.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$87.55M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$258.58M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$111.44M	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`	$-586.00K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.23M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$11.01M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$2.49M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$5.03M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$1.75M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-125.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-420.00K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-153.00K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-173.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$88.58M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$101.31M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$121.99M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$260.95M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.15M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$9.68M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$34.61M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$13.80M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$87.51M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$226.35M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$106.84M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$78.90M	USD	1 Quarter
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.28	USD	3 Qtrs
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.50	USD	1 Quarter
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.45	USD	1 Quarter
Basic (usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.62	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$1.26	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.61	USD	3 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.88M	shares	3 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	173.94M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.57M	shares	3 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.81M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	176.04M	shares	3 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	177.14M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	180.34M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	180.11M	shares	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`	$0.17	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`	$0.18	USD	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$87.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$226.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$106.84M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$78.90M	USD	1 Quarter
Stock-based compensation expense	`StockOptionPlanExpense`	$32.08M	USD	3 Qtrs
Stock-based compensation expense	`StockOptionPlanExpense`	$33.35M	USD	3 Qtrs
Depreciation of property, plant, and equipment	`Depreciation`	$16.47M	USD	3 Qtrs
Depreciation of property, plant, and equipment	`Depreciation`	$12.64M	USD	3 Qtrs
Loss on disposal of property, plant, and equipment	`GainLossOnDispositionOfAssets1`	$-4.00K	USD	3 Qtrs
Loss on disposal of property, plant, and equipment	`GainLossOnDispositionOfAssets1`	$-1.65M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.44M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.77M	USD	3 Qtrs
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	1 Quarter
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	3 Qtrs
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	3 Qtrs
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$9.39M	USD	3 Qtrs
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$304.00K	USD	1 Quarter
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$603.00K	USD	1 Quarter
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$2.12M	USD	3 Qtrs
Operating lease asset impairment charges	`OperatingLeaseImpairmentLoss`	-	USD	3 Qtrs
Operating lease asset impairment charges	`OperatingLeaseImpairmentLoss`	$2.53M	USD	3 Qtrs
Operating lease asset impairment charges	`OperatingLeaseImpairmentLoss`	$2.53M	USD	1 Quarter
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-765.00K	USD	3 Qtrs
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.32M	USD	3 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$87.00K	USD	3 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$3.59M	USD	3 Qtrs
Credit loss on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	-	USD	3 Qtrs
Credit loss on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-75.00K	USD	3 Qtrs
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-114.00K	USD	3 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.41M	USD	3 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-3.19M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$23.88M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.29M	USD	3 Qtrs
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.69M	USD	3 Qtrs
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-10.61M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.06M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$22.53M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$24.61M	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`	$10.58M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$4.42M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$17.03M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-23.63M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-4.94M	USD	3 Qtrs
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$16.75M	USD	3 Qtrs
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$19.07M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$632.00K	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.30M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$258.86M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$159.45M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$607.46M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$601.45M	USD	3 Qtrs
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$317.17M	USD	3 Qtrs
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$567.25M	USD	3 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.69M	USD	3 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.83M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-300.97M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.03M	USD	3 Qtrs
Net proceeds from issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$91.39M	USD	3 Qtrs
Net proceeds from issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$59.10M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$51.04M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$48.29M	USD	3 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$28.55M	USD	3 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$31.80M	USD	3 Qtrs
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`	$-20.99M	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`	$745.00K	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.48M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-65.59M	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`	$298.36M	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`	$203.48M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$269.07M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$298.36M	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`	$203.48M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$269.07M	USD	Point-in-time

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per common share (usd per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
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`	$0.18	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`	$-162.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.07M	USD	3 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-808.00K	USD	3 Qtrs
Beginning Balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.51B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.43B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	175.79M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	176.80M	shares	Point-in-time
Net issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$43.16M	USD	1 Quarter
Net issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$59.10M	USD	3 Qtrs
Net issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$91.39M	USD	3 Qtrs
Net issuance of common stock under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$14.69M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$51.04M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$48.29M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$27.42M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.35M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.08M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.27M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.61M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$31.80M	USD	3 Qtrs
Payment of dividends	`DividendsCash`	$9.58M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$10.61M	USD	1 Quarter
Payment of dividends	`DividendsCash`	$28.55M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$87.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$226.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$106.84M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$78.90M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.62M	USD	3 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-521.00K	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`	$-2.31M	USD	1 Quarter
Reclassification of credit loss (recovery) on investments	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$75.00K	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
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$19.00K	USD	1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$87.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.14M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.10M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.24M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.36M	USD	3 Qtrs
Ending Balance (in shares)	`CommonStockSharesIssued`	175.79M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	176.80M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.51B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.43B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$87.51M	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$226.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$106.84M	USD	3 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-162.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$78.90M	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.07M	USD	3 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-808.00K	USD	3 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.62M	USD	3 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-521.00K	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`	$-2.31M	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`	-	USD	1 Quarter
Reclassification of credit loss (recovery) on investments into current operations	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	-	USD	3 Qtrs
Reclassification of credit loss (recovery) on investments into current operations	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	$-75.00K	USD	3 Qtrs
Reclassification of net realized (gain) loss on the sale of available-for-sale investments into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$786.00K	USD	1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$3.59M	USD	3 Qtrs
Reclassification of net realized (gain) loss on the sale of available-for-sale investments into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$19.00K	USD	1 Quarter
Reclassification of net realized (gain) loss on the sale of available-for-sale investments into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$87.00K	USD	3 Qtrs
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-540.00K	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-3.09M	USD	1 Quarter
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.70M	USD	3 Qtrs
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.77M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.14M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.10M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.24M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.36M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-598.00K	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.95M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-996.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.68M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$218.40M	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`	$76.22M	USD	1 Quarter

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