10-Q Filing

MEDPACE HOLDINGS, INC. CIK: 1668397 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-013080`
Period End Date	20220630
Filing Date	20220726
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	medp-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 70 Cash Flow Statement 66 Stockholders Equity 35 Comprehensive Income 16

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, unbilled services with related parties	`AccountsReceivableAndUnbilledRelatedPartiesCurrent`	$6.60M	USD	Point-in-time
Accounts receivable, unbilled services with related parties	`AccountsReceivableAndUnbilledRelatedPartiesCurrent`	$2.70M	USD	Point-in-time
Accounts payable includes related parties	`AccountsPayableRelatedPartiesCurrent`	$300.00K	USD	Point-in-time
Accounts payable includes related parties	`AccountsPayableRelatedPartiesCurrent`	$300.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.55M	USD	Point-in-time
Advanced billings with related parties	`ContractWithCustomerLiabilityCurrentWithRelatedParties`	$12.00M	USD	Point-in-time
Advanced billings with related parties	`ContractWithCustomerLiabilityCurrentWithRelatedParties`	$8.30M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable and unbilled, net (includes $6.6 million and $2.7 million with related parties at June 30, 2022 and December 31, 2021, respectively)	`ReceivablesNetCurrent`	$225.69M	USD	Point-in-time
Accounts receivable and unbilled, net (includes $6.6 million and $2.7 million with related parties at June 30, 2022 and December 31, 2021, respectively)	`ReceivablesNetCurrent`	$186.43M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$60.64M	USD	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$43.18M	USD	Point-in-time
Preferred stock shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$690.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$328.89M	USD	Point-in-time
Preferred stock shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$103.54M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$93.15M	USD	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$129.56M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$135.39M	USD	Point-in-time
Goodwill	`Goodwill`	$662.40M	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Goodwill	`Goodwill`	$662.40M	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$39.68M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$41.36M	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	36.01M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	30.99M	shares	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$26.44M	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	30.99M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	36.01M	shares	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$25.13M	USD	Point-in-time
Treasury stock shares	`TreasuryStockShares`	81,573.00	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$19.12M	USD	Point-in-time
Treasury stock shares	`TreasuryStockShares`	180,000.00	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$17.42M	USD	Point-in-time
Total assets	`Assets`	$1.66B	USD	Point-in-time
Total assets	`Assets`	$1.32B	USD	Point-in-time
Accounts payable (includes $0.3 million with related parties at June 30, 2022 and December 31, 2021, respectively)	`AccountsPayableCurrent`	$25.68M	USD	Point-in-time
Accounts payable (includes $0.3 million with related parties at June 30, 2022 and December 31, 2021, respectively)	`AccountsPayableCurrent`	$28.80M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$159.29M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$173.19M	USD	Point-in-time
Advanced billings (includes $12.0 million and $8.3 million with related parties at June 30, 2022 and December 31, 2021, respectively)	`ContractWithCustomerLiabilityCurrent`	$344.64M	USD	Point-in-time
Advanced billings (includes $12.0 million and $8.3 million with related parties at June 30, 2022 and December 31, 2021, respectively)	`ContractWithCustomerLiabilityCurrent`	$401.37M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$249.70M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$27.61M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$878.96M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$557.22M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$130.97M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$134.98M	USD	Point-in-time
Deferred income tax liability	`DeferredIncomeTaxLiabilitiesNet`	$1.08M	USD	Point-in-time
Deferred income tax liability	`DeferredIncomeTaxLiabilitiesNet`	$1.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.26M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$707.01M	USD	Point-in-time
Commitments and contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $0.01 par-value; 250,000,000 shares authorized at June 30, 2022 and December 31, 2021, respectively; 30,987,636 and 36,006,778 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$309.00K	USD	Point-in-time
Common stock - $0.01 par-value; 250,000,000 shares authorized at June 30, 2022 and December 31, 2021, respectively; 30,987,636 and 36,006,778 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$360.00K	USD	Point-in-time
Treasury stock - 81,573 and 180,000 shares at June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$5.43M	USD	Point-in-time
Treasury stock - 81,573 and 180,000 shares at June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$14.24M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$753.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$727.86M	USD	Point-in-time
(Accumulated deficit) Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-446.14M	USD	Point-in-time
(Accumulated deficit) Retained earnings	`RetainedEarningsAccumulatedDeficit`	$234.98M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.97M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.85M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$858.93M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$851.88M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$283.25M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$805.78M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$605.02M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$952.93M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.32B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.66B	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Revenue, net (includes $17.2 million and $9.9 million with related parties for the three months ended June 30, 2022 and 2021, respectively, and $30.5 million and $15.2 million with related parties for the six months ended June 30, 2022 and 2021 respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$682.15M	USD	2 Qtrs
Revenue, net (includes $17.2 million and $9.9 million with related parties for the three months ended June 30, 2022 and 2021, respectively, and $30.5 million and $15.2 million with related parties for the six months ended June 30, 2022 and 2021 respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$278.29M	USD	1 Quarter
Revenue, net (includes $17.2 million and $9.9 million with related parties for the three months ended June 30, 2022 and 2021, respectively, and $30.5 million and $15.2 million with related parties for the six months ended June 30, 2022 and 2021 respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$351.21M	USD	1 Quarter
Revenue, net (includes $17.2 million and $9.9 million with related parties for the three months ended June 30, 2022 and 2021, respectively, and $30.5 million and $15.2 million with related parties for the six months ended June 30, 2022 and 2021 respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$538.26M	USD	2 Qtrs
Total direct costs	`DirectOperatingCosts`	$252.21M	USD	1 Quarter
Total direct costs	`DirectOperatingCosts`	$385.18M	USD	2 Qtrs
Total direct costs	`DirectOperatingCosts`	$484.48M	USD	2 Qtrs
Total direct costs	`DirectOperatingCosts`	$203.64M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$33.22M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$52.71M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.97M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$62.58M	USD	2 Qtrs
Depreciation	`Depreciation`	$7.76M	USD	2 Qtrs
Depreciation	`Depreciation`	$8.98M	USD	2 Qtrs
Depreciation	`Depreciation`	$4.71M	USD	1 Quarter
Depreciation	`Depreciation`	$3.95M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$1.28M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$2.56M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$1.68M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$838.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$448.21M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$290.97M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$235.84M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$557.72M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$60.24M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$90.05M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$42.45M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$124.44M	USD	2 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$3.38M	USD	2 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$2.31M	USD	1 Quarter
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$1.19M	USD	2 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$265.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-27.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-494.00K	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-41.00K	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-548.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$2.88M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$1.76M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$1.15M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$238.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.69M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$127.32M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$62.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$91.19M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$7.96M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$2.75M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$16.65M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$12.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.24M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$110.67M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$39.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.36M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.28	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.32	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.11	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.52	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.16	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.20	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.83M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.89M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	32.49M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.70M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.71M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.03M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.74M	shares	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$83.24M	USD	2 Qtrs
Net income	`ProfitLoss`	$110.67M	USD	2 Qtrs
Depreciation	`Depreciation`	$7.76M	USD	2 Qtrs
Depreciation	`Depreciation`	$8.98M	USD	2 Qtrs
Depreciation	`Depreciation`	$4.71M	USD	1 Quarter
Depreciation	`Depreciation`	$3.95M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$1.28M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$2.56M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$1.68M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$838.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$5.65M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.57M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.44M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$10.03M	USD	2 Qtrs
Noncash lease expense	`NonCashLeaseExpense`	$8.96M	USD	2 Qtrs
Noncash lease expense	`NonCashLeaseExpense`	$7.90M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-1.44M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$2.67M	USD	2 Qtrs
Amortization and adjustment of deferred credit	`AmortizationAndAdjustmentOfDeferredCredit`	$334.00K	USD	2 Qtrs
Amortization and adjustment of deferred credit	`AmortizationAndAdjustmentOfDeferredCredit`	$310.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-131.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$323.00K	USD	2 Qtrs
Accounts receivable and unbilled, net	`IncreaseDecreaseInReceivables`	$353.00K	USD	2 Qtrs
Accounts receivable and unbilled, net	`IncreaseDecreaseInReceivables`	$39.06M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.79M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.89M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.55M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-270.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$15.64M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$11.94M	USD	2 Qtrs
Advanced billings	`IncreaseDecreaseInContractWithCustomerLiability`	$26.55M	USD	2 Qtrs
Advanced billings	`IncreaseDecreaseInContractWithCustomerLiability`	$56.73M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-7.96M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-7.71M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.73M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.31M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$120.08M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$142.88M	USD	2 Qtrs
Property and equipment expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.52M	USD	2 Qtrs
Property and equipment expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.46M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.88M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.13M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.34M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.65M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$15.42M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$14.20M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$55.88M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$800.67M	USD	2 Qtrs
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$299.20M	USD	2 Qtrs
Payments on revolving loan	`RepaymentsOfLinesOfCredit`	$49.50M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-535.55M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-41.68M	USD	2 Qtrs
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.75M	USD	2 Qtrs
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.51M	USD	2 Qtrs
(DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-418.75M	USD	2 Qtrs
(DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$61.24M	USD	2 Qtrs
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$461.30M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.55M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.01M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$277.77M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$461.30M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.55M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.01M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$277.77M	USD	Point-in-time
Acquisition of property and equipmentnon-cash	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$7.44M	USD	2 Qtrs
Acquisition of property and equipmentnon-cash	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$5.82M	USD	2 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$858.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$851.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$283.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$805.78M	USD	Point-in-time
Balance	`StockholdersEquity`	$605.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$952.93M	USD	Point-in-time
Net income	`NetIncomeLoss`	$61.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.24M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$110.67M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$39.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.36M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$506.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.63M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.13M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.58M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.54M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.13M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.57M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.87M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.37M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.65M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$13.90M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.52M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.10M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.11M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$374.72M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$56.16M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$425.95M	USD	1 Quarter
Balance	`StockholdersEquity`	$858.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$851.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$283.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$805.78M	USD	Point-in-time
Balance	`StockholdersEquity`	$605.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$952.93M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$61.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.24M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$110.67M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$39.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.36M	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$506.00K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.63M	USD	2 Qtrs
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.13M	USD	2 Qtrs
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.58M	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.54M	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.13M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$40.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$45.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$105.55M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$81.61M	USD	2 Qtrs

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