10-Q Filing

ENCORE CAPITAL GROUP INC CIK: 1084961 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001084961-23-000090`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	ecpg-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 96 Cash Flow Statement 72 Stockholders Equity 39 Comprehensive Income 36

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Convertible preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Convertible preferred stock authorized (shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Convertible preferred stock authorized (shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Convertible preferred stock issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible preferred stock issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible preferred stock outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Convertible preferred stock outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.91M	USD	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	23.48M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$184.87M	USD	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	23.32M	shares	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.09B	USD	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.14B	USD	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.04B	USD	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.33B	USD	Point-in-time
Common stock outstanding (shares)	`CommonStockSharesOutstanding`	23.48M	shares	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.07B	USD	Point-in-time
Common stock outstanding (shares)	`CommonStockSharesOutstanding`	23.32M	shares	Point-in-time
Investment in receivable portfolios, net	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$3.21B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$107.22M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$113.90M	USD	Point-in-time
Other assets	`OtherAssets`	$401.30M	USD	Point-in-time
Other assets	`OtherAssets`	$341.07M	USD	Point-in-time
Goodwill	`Goodwill`	$852.20M	USD	Point-in-time
Goodwill	`Goodwill`	$834.17M	USD	Point-in-time
Goodwill	`Goodwill`	$821.21M	USD	Point-in-time
Goodwill	`Goodwill`	$876.54M	USD	Point-in-time
Goodwill	`Goodwill`	$897.79M	USD	Point-in-time
Goodwill	`Goodwill`	$824.21M	USD	Point-in-time
Total assets	`Assets`	$4.88B	USD	Point-in-time
Total assets	`Assets`	$4.51B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$203.05M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$198.22M	USD	Point-in-time
Borrowings	`DebtAndCapitalLeaseObligations`	$3.20B	USD	Point-in-time
Borrowings	`DebtAndCapitalLeaseObligations`	$2.90B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$231.69M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$236.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.64B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.33B	USD	Point-in-time
Commitments and Contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock, $0.01 par value, 5,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Convertible preferred stock, $0.01 par value, 5,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 75,000 shares authorized, 23,485 and 23,323 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$233.00K	USD	Point-in-time
Common stock, $0.01 par value, 75,000 shares authorized, 23,485 and 23,323 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$235.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.91M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.30B	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.28B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-70.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-98.82M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.18B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.23B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.51B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.88B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$610.39M	USD	2 Qtrs
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$306.28M	USD	1 Quarter
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$301.18M	USD	1 Quarter
Revenue from receivable portfolios	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion`	$596.86M	USD	2 Qtrs
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$25.15M	USD	1 Quarter
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-3.49M	USD	1 Quarter
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$192.37M	USD	2 Qtrs
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-12.99M	USD	2 Qtrs
Total debt purchasing revenue	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesDebtPurchasingRevenue`	$331.43M	USD	1 Quarter
Total debt purchasing revenue	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesDebtPurchasingRevenue`	$802.76M	USD	2 Qtrs
Total debt purchasing revenue	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesDebtPurchasingRevenue`	$297.70M	USD	1 Quarter
Total debt purchasing revenue	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesDebtPurchasingRevenue`	$583.87M	USD	2 Qtrs
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$43.59M	USD	2 Qtrs
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$21.01M	USD	1 Quarter
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$49.93M	USD	2 Qtrs
Servicing revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.79M	USD	1 Quarter
Other revenues	`OtherIncome`	$8.21M	USD	2 Qtrs
Other revenues	`OtherIncome`	$1.70M	USD	1 Quarter
Other revenues	`OtherIncome`	$3.90M	USD	2 Qtrs
Other revenues	`OtherIncome`	$4.34M	USD	1 Quarter
Total revenues	`Revenues`	$635.67M	USD	2 Qtrs
Total revenues	`Revenues`	$356.92M	USD	1 Quarter
Total revenues	`Revenues`	$856.60M	USD	2 Qtrs
Total revenues	`Revenues`	$323.04M	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$199.71M	USD	2 Qtrs
Salaries and employee benefits	`LaborAndRelatedExpense`	$95.86M	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$195.84M	USD	2 Qtrs
Salaries and employee benefits	`LaborAndRelatedExpense`	$98.88M	USD	1 Quarter
Cost of legal collections	`CostOfLegalCollections`	$110.86M	USD	2 Qtrs
Cost of legal collections	`CostOfLegalCollections`	$111.25M	USD	2 Qtrs
Cost of legal collections	`CostOfLegalCollections`	$57.15M	USD	1 Quarter
Cost of legal collections	`CostOfLegalCollections`	$55.15M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$72.49M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$34.53M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$34.97M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$68.50M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$53.91M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$27.41M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$26.35M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$54.43M	USD	2 Qtrs
Collection agency commissions	`CollectionAgencyCommissions`	$10.39M	USD	1 Quarter
Collection agency commissions	`CollectionAgencyCommissions`	$18.54M	USD	2 Qtrs
Collection agency commissions	`CollectionAgencyCommissions`	$19.53M	USD	2 Qtrs
Collection agency commissions	`CollectionAgencyCommissions`	$9.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$23.48M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$21.57M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$11.65M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$237.97M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$472.64M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$234.97M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$477.46M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$158.21M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$118.95M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$88.07M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$383.96M	USD	2 Qtrs
Interest expense	`InterestExpense`	$37.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$96.82M	USD	2 Qtrs
Interest expense	`InterestExpense`	$49.98M	USD	1 Quarter
Interest expense	`InterestExpense`	$71.69M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$2.19M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.75M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$1.79M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-23.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-69.50M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-51.74M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-35.26M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-96.84M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$314.46M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.69M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$61.37M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$36.33M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.25M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.03M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$78.27M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$16.44M	USD	2 Qtrs
Net income	`ProfitLoss`	$26.30M	USD	1 Quarter
Net income	`ProfitLoss`	$60.44M	USD	1 Quarter
Net income	`ProfitLoss`	$44.93M	USD	2 Qtrs
Net income	`ProfitLoss`	$236.19M	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$9.63	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$2.48	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$1.90	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$1.11	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$1.08	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$2.29	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$1.83	USD	2 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$8.77	USD	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.61M	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.54M	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.36M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.67M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.28M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.61M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.41M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.95M	shares	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$26.30M	USD	1 Quarter
Net income	`ProfitLoss`	$60.44M	USD	1 Quarter
Net income	`ProfitLoss`	$44.93M	USD	2 Qtrs
Net income	`ProfitLoss`	$236.19M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.57M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.48M	USD	2 Qtrs
Other non-cash interest expense, net	`OtherNoncashIncomeExpense`	$-8.15M	USD	2 Qtrs
Other non-cash interest expense, net	`OtherNoncashIncomeExpense`	$-8.66M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.04M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.92M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.70M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.79M	USD	2 Qtrs
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$25.15M	USD	1 Quarter
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-3.49M	USD	1 Quarter
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$192.37M	USD	2 Qtrs
Changes in recoveries	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesChangesToExpectedCurrentAndFuturePeriodRecoveries`	$-12.99M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$9.27M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$985.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$35.73M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-39.04M	USD	2 Qtrs
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.49M	USD	2 Qtrs
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-37.95M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$62.62M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.53M	USD	2 Qtrs
Purchases of receivable portfolios, net of put-backs	`PaymentsToAcquireFinanceReceivables`	$337.93M	USD	2 Qtrs
Purchases of receivable portfolios, net of put-backs	`PaymentsToAcquireFinanceReceivables`	$544.72M	USD	2 Qtrs
Collections applied to investment in receivable portfolios	`ProceedsFromCollectionOfFinanceReceivables`	$406.74M	USD	2 Qtrs
Collections applied to investment in receivable portfolios	`ProceedsFromCollectionOfFinanceReceivables`	$342.02M	USD	2 Qtrs
Purchases of asset held for sale	`PaymentsToPurchaseAssetsHeldForSale`	$35.18M	USD	2 Qtrs
Purchases of asset held for sale	`PaymentsToPurchaseAssetsHeldForSale`	$24.64M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.94M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.50M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-13.42M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-22.60M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-214.25M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$35.11M	USD	2 Qtrs
Payment of loan and debt refinancing costs	`PaymentsOfFinancingCosts`	$1.66M	USD	2 Qtrs
Payment of loan and debt refinancing costs	`PaymentsOfFinancingCosts`	$8.15M	USD	2 Qtrs
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$444.81M	USD	2 Qtrs
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$446.85M	USD	2 Qtrs
Repayment of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$259.84M	USD	2 Qtrs
Repayment of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$298.74M	USD	2 Qtrs
Repayment of senior secured notes	`RepaymentsOfSeniorDebt`	$19.54M	USD	2 Qtrs
Repayment of senior secured notes	`RepaymentsOfSeniorDebt`	$19.54M	USD	2 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$230.00M	USD	2 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Repayment of convertible and exchangeable senior notes	`RepaymentsOfConvertibleDebt`	$221.15M	USD	2 Qtrs
Repayment of convertible and exchangeable senior notes	`RepaymentsOfConvertibleDebt`	$192.46M	USD	2 Qtrs
Proceeds from convertible hedge instruments, net	`ProceedsFromConvertibleHedgeInstrumentsNet`	$10.05M	USD	2 Qtrs
Proceeds from convertible hedge instruments, net	`ProceedsFromConvertibleHedgeInstrumentsNet`	-	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStockIncludingTenderOfferCost`	$50.84M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStockIncludingTenderOfferCost`	-	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.24M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.52M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$190.63M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-155.60M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-21.96M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$39.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.96M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-13.39M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.91M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$184.87M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.29M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.65M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.91M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$184.87M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.29M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.65M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$64.37M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$79.17M	USD	2 Qtrs
Cash paid for taxes, net of refunds	`IncomeTaxesPaidNet`	$36.82M	USD	2 Qtrs
Cash paid for taxes, net of refunds	`IncomeTaxesPaidNet`	$44.67M	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Balance at Beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Balance at Beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Balance at Beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance at Beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance at Beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Balance at Beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Net income	`ProfitLoss`	$26.30M	USD	1 Quarter
Net income	`ProfitLoss`	$60.44M	USD	1 Quarter
Net income	`ProfitLoss`	$44.93M	USD	2 Qtrs
Net income	`ProfitLoss`	$236.19M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$27.92M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-54.67M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$19.47M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-65.03M	USD	2 Qtrs
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$-11.08M	USD	2 Qtrs
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$273.00K	USD	1 Quarter
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$33.00K	USD	1 Quarter
Exercise of stock options and issuance of share-based awards, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueStockOptionsExercisedIncludesRestrictedStockUnitsNetofTaxWithholdings`	$-6.32M	USD	2 Qtrs
Repurchase of commons stock (in shares)	`StockRepurchasedDuringPeriodShares`	823,613.00	shares	2 Qtrs
Repurchase of commons stock (in shares)	`StockRepurchasedDuringPeriodShares`	424,091.00	shares	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedDuringPeriodValue`	$50.84M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedDuringPeriodValue`	$25.14M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.04M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.12M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.92M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.87M	USD	1 Quarter
Purchase of capped call options, net of tax effect	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfConvertibleNoteCappedCallOption`	$13.87M	USD	2 Qtrs
Unwind of the existing capped call options	`AdjustmentsToAdditionalPaidInCapitalUnwindOfCappedCallOptions`	$28.54M	USD	2 Qtrs
Settlement of convertible notes	`SettlementOfConvertibleNotes`	$794.00K	USD	1 Quarter
Settlement of convertible notes	`SettlementOfConvertibleNotes`	$34.92M	USD	2 Qtrs
Settlement of convertible notes	`SettlementOfConvertibleNotes`	$71.15M	USD	2 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Stockholders' Equity, Other	`StockholdersEquityOther`	$794.00K	USD	1 Quarter
Stockholders' Equity, Other	`StockholdersEquityOther`	$794.00K	USD	2 Qtrs

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$26.30M	USD	1 Quarter
Net income	`ProfitLoss`	$60.44M	USD	1 Quarter
Net income	`ProfitLoss`	$44.93M	USD	2 Qtrs
Net income	`ProfitLoss`	$236.19M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$22.44M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-6.09M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$6.85M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$1.96M	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-1.13M	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$5.41M	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-253.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$1.71M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-4.96M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$17.03M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$2.21M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$5.14M	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$17.53M	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$-59.80M	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$-82.06M	USD	2 Qtrs
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfDivestitureNetOfTax`	$33.54M	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$662.00K	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$279.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-59.80M	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$32.88M	USD	2 Qtrs
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-82.06M	USD	2 Qtrs
Unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$17.25M	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$19.47M	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$27.92M	USD	2 Qtrs
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-65.03M	USD	2 Qtrs
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-54.67M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.77M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$72.85M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$171.16M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$45.77M	USD	1 Quarter

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