10-K Filing

COGNEX CORP CIK: 851205 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0000851205-23-000004`
Period End Date	20221231
Filing Date	20230216
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	cgnx-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 65 Cash Flow Statement 114 Stockholders Equity 46 Comprehensive Income 27

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Current investments, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$223.54M	USD	Point-in-time
Current investments, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostCurrent`	$137.12M	USD	Point-in-time
Current investment, allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossCurrent`	-	USD	Point-in-time
Current investment, allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossCurrent`	-	USD	Point-in-time
Accounts receivable, allowance for credit losses	`ValuationAllowancesAndReservesBalance`	$730.00K	USD	Point-in-time
Accounts receivable, allowance for credit losses	`ValuationAllowancesAndReservesBalance`	$776.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$186.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$181.37M	USD	Point-in-time
Non-current investments, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$587.98M	USD	Point-in-time
Non-current investments, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostNoncurrent`	$476.15M	USD	Point-in-time
Current investments, amortized cost of $223,545 and $137,124 in 2022 and 2021, respectively, allowance for credit losses of $0 in 2022 and 2021	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$137.46M	USD	Point-in-time
Current investments, amortized cost of $223,545 and $137,124 in 2022 and 2021, respectively, allowance for credit losses of $0 in 2022 and 2021	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$218.76M	USD	Point-in-time
Accounts receivable, allowance for credit losses of $730 and $776 in 2022 and 2021, respectively	`AccountsReceivableNetCurrent`	$130.35M	USD	Point-in-time
Non-current investments, allowance for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Non-current investments, allowance for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Accounts receivable, allowance for credit losses of $730 and $776 in 2022 and 2021, respectively	`AccountsReceivableNetCurrent`	$125.42M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$2.18M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$3.99M	USD	Point-in-time
Inventories	`InventoryNet`	$122.48M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$113.10M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$67.49M	USD	Point-in-time
Common stock par value, in dollars per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$68.74M	USD	Point-in-time
Common stock par value, in dollars per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$717.70M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$639.80M	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 authorized (in shares)	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Non-current investments, amortized cost of $476,148 and $587,981 in 2022 and 2021, respectively, allowance for credit losses of $0 in 2022 and 2021	`LongTermInvestments`	$454.12M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	172.63M	shares	Point-in-time
Non-current investments, amortized cost of $476,148 and $587,981 in 2022 and 2021, respectively, allowance for credit losses of $0 in 2022 and 2021	`LongTermInvestments`	$583.75M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	175.48M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	172.63M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	175.48M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$77.55M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$79.71M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$37.68M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$23.16M	USD	Point-in-time
Goodwill	`Goodwill`	$242.63M	USD	Point-in-time
Goodwill	`Goodwill`	$244.08M	USD	Point-in-time
Goodwill	`Goodwill`	$241.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$12.41M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$11.89M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$407.24M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$418.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.24M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.64M	USD	Point-in-time
Total assets	`Assets`	$1.96B	USD	Point-in-time
Total assets	`Assets`	$2.00B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$44.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$93.23M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$92.43M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$8.58M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$18.13M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$21.27M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$35.74M	USD	Point-in-time
Deferred revenue and customer deposits	`ContractWithCustomerLiabilityCurrent`	$40.79M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.79M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$188.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$187.71M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$17.80M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$31.30M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$293.77M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$249.96M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$15.87M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$14.78M	USD	Point-in-time
Non-current accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$43.16M	USD	Point-in-time
Non-current accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$33.01M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.48M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$573.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$519.75M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Authorized shares (in shares)	`PreferredStockSharesAuthorized`	400,000.00	shares	Point-in-time
Authorized shares (in shares)	`PreferredStockSharesAuthorized`	400,000.00	shares	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
Preferred stock, $0.01 par value - Authorized: 400 shares in 2022 and 2021, respectively, no shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $0.01 par value - Authorized: 400 shares in 2022 and 2021, respectively, no shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, $0.002 par value Authorized: 300,000 shares in 2022 and 2021, respectively, issued and outstanding: 172,631 and 175,481 shares in 2022 and 2021, respectively	`CommonStockValueOutstanding`	$351.00K	USD	Point-in-time
Common stock, $0.002 par value Authorized: 300,000 shares in 2022 and 2021, respectively, issued and outstanding: 172,631 and 175,481 shares in 2022 and 2021, respectively	`CommonStockValueOutstanding`	$345.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$914.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$979.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$528.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$562.88M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-47.94M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-69.30M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.43B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.26B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.96B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.00B	USD	Point-in-time

Income Statement 65 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$811.02M	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.04B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	Annual
Cost of revenue	`CostOfGoodsAndServicesSold`	$206.42M	USD	Annual
Cost of revenue	`CostOfGoodsAndServicesSold`	$284.19M	USD	Annual
Cost of revenue	`CostOfGoodsAndServicesSold`	$277.27M	USD	Annual
Gross margin	`GrossProfit`	$604.60M	USD	Annual
Gross margin	`GrossProfit`	$721.90M	USD	Annual
Gross margin	`GrossProfit`	$759.83M	USD	Annual
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$135.37M	USD	Annual
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$141.13M	USD	Annual
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$130.98M	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$267.59M	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$309.35M	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$312.11M	USD	Annual
Loss from Catastrophes	`LossFromCatastrophes`	$20.78M	USD	Annual
Loss from Catastrophes	`LossFromCatastrophes`	-	USD	Annual
Loss from Catastrophes	`LossFromCatastrophes`	-	USD	Annual
Restructuring charges	`RestructuringCharges`	$15.92M	USD	Annual
Restructuring charges	`RestructuringCharges`	$1.66M	USD	Annual
Restructuring charges	`RestructuringCharges`	-	USD	Annual
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	Annual
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$315.10M	USD	Annual
Operating income	`OperatingIncomeLoss`	$170.53M	USD	Annual
Operating income	`OperatingIncomeLoss`	$246.23M	USD	Annual
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.84M	USD	Annual
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.27M	USD	Annual
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.70M	USD	Annual
Investment income	`InvestmentIncomeNonoperating`	$6.66M	USD	Annual
Investment income	`InvestmentIncomeNonoperating`	$12.99M	USD	Annual
Investment income	`InvestmentIncomeNonoperating`	$6.71M	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-591.00K	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-412.00K	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-309.00K	USD	Annual
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$318.90M	USD	Annual
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$186.91M	USD	Annual
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$250.69M	USD	Annual
Income tax expense on continuing operations	`IncomeTaxExpenseBenefit`	$35.17M	USD	Annual
Income tax expense on continuing operations	`IncomeTaxExpenseBenefit`	$39.02M	USD	Annual
Income tax expense on continuing operations	`IncomeTaxExpenseBenefit`	$10.72M	USD	Annual
Net income	`NetIncomeLoss`	$279.88M	USD	Annual
Net income	`NetIncomeLoss`	$215.53M	USD	Annual
Net income	`NetIncomeLoss`	$176.19M	USD	Annual
Net income (in dollars per share)	`EarningsPerShareBasic`	$1.02	USD	Annual
Net income (in dollars per share)	`EarningsPerShareBasic`	$1.24	USD	Annual
Net income (in dollars per share)	`EarningsPerShareBasic`	$1.59	USD	Annual
Net income (in dollars per share)	`EarningsPerShareDiluted`	$1.56	USD	Annual
Net income (in dollars per share)	`EarningsPerShareDiluted`	$1.23	USD	Annual
Net income (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	173.49M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	173.41M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.46M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.92M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.87M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	176.59M	shares	Annual
Cash dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	3 Qtrs
Cash dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	Annual
Cash dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Cash dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.27	USD	Annual
Cash dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Cash dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.24	USD	Annual
Cash dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.23	USD	Annual

Cash Flow Statement 114 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$279.88M	USD	Annual
Net income	`NetIncomeLoss`	$215.53M	USD	Annual
Net income	`NetIncomeLoss`	$176.19M	USD	Annual
Stock-based compensation expense	`StockOptionPlanExpense`	$42.66M	USD	Annual
Stock-based compensation expense	`StockOptionPlanExpense`	$54.51M	USD	Annual
Stock-based compensation expense	`StockOptionPlanExpense`	$43.77M	USD	Annual
Depreciation of property, plant, and equipment	`Depreciation`	$16.62M	USD	Annual
Depreciation of property, plant, and equipment	`Depreciation`	$22.14M	USD	Annual
Depreciation of property, plant, and equipment	`Depreciation`	$16.35M	USD	Annual
Loss (gain) on disposal of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-33.00K	USD	Annual
Loss (gain) on disposal of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-19.00K	USD	Annual
Loss (gain) on disposal of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.82M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.27M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.36M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.67M	USD	Annual
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	Annual
Intangible asset impairment charges	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.57M	USD	1 Quarter
Non-cash, loss from catastrophes	`NonCashLossFromCatastrophes`	-	USD	Annual
Non-cash, loss from catastrophes	`NonCashLossFromCatastrophes`	-	USD	Annual
Non-cash, loss from catastrophes	`NonCashLossFromCatastrophes`	$46.37M	USD	Annual
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$3.08M	USD	Annual
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$2.57M	USD	Annual
Excess and obsolete inventory charges	`ExcessAndObsoleteInventoryCharges`	$9.91M	USD	Annual
Operating lease asset impairment charges	`OperatingLeaseImpairmentLoss`	-	USD	Annual
Operating lease asset impairment charges	`OperatingLeaseImpairmentLoss`	-	USD	Annual
Operating lease asset impairment charges	`OperatingLeaseImpairmentLoss`	$3.43M	USD	Annual
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.27M	USD	Annual
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-4.97M	USD	Annual
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-4.89M	USD	Annual
Realized (gain) loss on sale of investments	`GainLossOnSaleOfInvestments`	$236.00K	USD	Annual
Realized (gain) loss on sale of investments	`GainLossOnSaleOfInvestments`	$-182.00K	USD	Annual
Realized (gain) loss on sale of investments	`GainLossOnSaleOfInvestments`	$4.12M	USD	Annual
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-114.00K	USD	Annual
Revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$27.34M	USD	Annual
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.35M	USD	Annual
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.12M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$21.29M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.50M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.45M	USD	Annual
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.64M	USD	Annual
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerAsset`	$848.00K	USD	Annual
Unbilled revenue	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.81M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$48.93M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$54.92M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$10.32M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.34M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.91M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.69M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-17.28M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$27.83M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$2.06M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$24.54M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$16.86M	USD	Annual
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-22.97M	USD	Annual
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-444.00K	USD	Annual
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-6.40M	USD	Annual
Deferred revenue and customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$4.89M	USD	Annual
Deferred revenue and customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$14.42M	USD	Annual
Deferred revenue and customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$6.57M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$12.08M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.41M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-4.55M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$243.41M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$314.06M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$242.40M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$922.87M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$233.72M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$668.05M	USD	Annual
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$1.10B	USD	Annual
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$430.97M	USD	Annual
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$253.98M	USD	Annual
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.67M	USD	Annual
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.30M	USD	Annual
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.46M	USD	Annual
Net payments related to business acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.05M	USD	Annual
Net payments related to business acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-1.00M	USD	Annual
Net payments related to business acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-252.54M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$169.44M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.45M	USD	Annual
Net payments from issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$9.86M	USD	Annual
Net payments from issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$125.72M	USD	Annual
Net payments from issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$63.29M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$51.04M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$204.31M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$161.65M	USD	Annual
Payment of dividends	`PaymentsOfDividendsCommonStock`	$390.51M	USD	Annual
Payment of dividends	`PaymentsOfDividendsCommonStock`	$45.92M	USD	Annual
Payment of dividends	`PaymentsOfDividendsCommonStock`	$43.26M	USD	Annual
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.04M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-316.87M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-240.37M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-141.62M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.81M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.37M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$97.64M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-82.91M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.79M	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.37M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.43M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$186.16M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$269.07M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.37M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.43M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$186.16M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$269.07M	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Tax effect of unrealized gain on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-2.21M	USD	Annual
Tax effect of unrealized gain on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$981.00K	USD	Annual
Tax effect of unrealized gain on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-5.94M	USD	Annual
Tax benefit of foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Tax benefit of foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Tax benefit of foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Beginning Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.43B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Beginning Balance, shares (in shares)	`CommonStockSharesIssued`	172.63M	shares	Point-in-time
Beginning Balance, shares (in shares)	`CommonStockSharesIssued`	175.48M	shares	Point-in-time
Issuance of common stock under stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.86M	USD	Annual
Issuance of common stock under stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$63.29M	USD	Annual
Issuance of common stock under stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$125.72M	USD	Annual
Issuance of common stock under stock option plans, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	365,000.00	shares	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$204.31M	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$51.04M	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$161.65M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.77M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.66M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$54.51M	USD	Annual
Payment of dividends ($0.265 per common share)	`DividendsCommonStockCash`	$390.51M	USD	Annual
Payment of dividends ($0.265 per common share)	`DividendsCommonStockCash`	$43.26M	USD	Annual
Payment of dividends ($0.265 per common share)	`DividendsCommonStockCash`	$45.92M	USD	Annual
Net income	`NetIncomeLoss`	$279.88M	USD	Annual
Net income	`NetIncomeLoss`	$215.53M	USD	Annual
Net income	`NetIncomeLoss`	$176.19M	USD	Annual
Net unrealized gain (loss), net of tax of $(5,943), $(2,206), and $981 in 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-17.15M	USD	Annual
Net unrealized gain (loss), net of tax of $(5,943), $(2,206), and $981 in 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$6.48M	USD	Annual
Net unrealized gain (loss), net of tax of $(5,943), $(2,206), and $981 in 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.15M	USD	Annual
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-7.15M	USD	Annual
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$6.48M	USD	Annual
Net unrealized gain (loss) on available-for-sale investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-17.15M	USD	Annual
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$236.00K	USD	Annual
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$4.12M	USD	Annual
Reclassification of net realized (gain) loss on the sale of available-for-sale investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-182.00K	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.11M	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.38M	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.75M	USD	Annual
Balance	`StockholdersEquity`	$1.36B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.43B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Balance, shares (in shares)	`CommonStockSharesIssued`	172.63M	shares	Point-in-time
Balance, shares (in shares)	`CommonStockSharesIssued`	175.48M	shares	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-2.21M	USD	Annual
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$981.00K	USD	Annual
Net income	`NetIncomeLoss`	$279.88M	USD	Annual
Net income	`NetIncomeLoss`	$215.53M	USD	Annual
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-5.94M	USD	Annual
Net income	`NetIncomeLoss`	$176.19M	USD	Annual
Net unrealized gain (loss), net of tax of $(5,943), $(2,206), and $981 in 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-17.15M	USD	Annual
Net unrealized gain (loss), net of tax of $(5,943), $(2,206), and $981 in 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$6.48M	USD	Annual
Net unrealized gain (loss), net of tax of $(5,943), $(2,206), and $981 in 2022, 2021, and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.15M	USD	Annual
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$236.00K	USD	Annual
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$4.12M	USD	Annual
Reclassification of net realized (gain) loss into current operations	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-182.00K	USD	Annual
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-7.39M	USD	Annual
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-16.97M	USD	Annual
Net change related to available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.36M	USD	Annual
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.11M	USD	Annual
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.38M	USD	Annual
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.75M	USD	Annual
Net change related to foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.75M	USD	Annual
Net change related to foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.11M	USD	Annual
Net change related to foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.38M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.36M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.47M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-14.14M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$265.74M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$194.17M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$179.66M	USD	Annual

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