10-Q Filing

MONSTER BEVERAGE CORP CIK: 865752 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001104659-15-076694`
Period End Date	20150930
Filing Date	20151106
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	mnst-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 53 Cash Flow Statement 88 Comprehensive Income 16

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.24B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$408.32M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	206.79M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$370.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$211.35M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	207.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$781.13M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	167.72M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.54B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	202.73M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$280.20M	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	4.06M	shares	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	39.28M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$407.77M	USD	Point-in-time
TCCC Transaction receivable	`RelatedPartyTransactionDueFromToRelatedParty`	$125.00M	USD	Point-in-time
Distributor receivables	`DistributorReceivablesCurrent`	$714.00K	USD	Point-in-time
Distributor receivables	`DistributorReceivablesCurrent`	$552.00K	USD	Point-in-time
Inventories	`InventoryNet`	$159.69M	USD	Point-in-time
Inventories	`InventoryNet`	$174.57M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.67M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.74M	USD	Point-in-time
Intangibles held-for-sale, net	`DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent`	$18.08M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$90.93M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$8.62M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$40.27M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$155.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.75B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.69B	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$34.35M	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$42.94M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$90.16M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$94.73M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxAssetsNetNoncurrent`	$54.11M	USD	Point-in-time
GOODWILL	`Goodwill`	$1.29B	USD	Point-in-time
OTHER INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$50.75M	USD	Point-in-time
OTHER INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$428.20M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$7.50M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$8.03M	USD	Point-in-time
Total Assets	`Assets`	$1.94B	USD	Point-in-time
Total Assets	`Assets`	$5.60B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$238.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$127.64M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$40.27M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$67.93M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$114.05M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$124.54M	USD	Point-in-time
Accrued distributor terminations	`AccruedDistributorTerminations`	$7.65M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$49.93M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$31.41M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$17.98M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$20.15M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.85M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$14.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$504.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$355.72M	USD	Point-in-time
DEFERRED REVENUE	`DeferredRevenueNoncurrent`	$355.13M	USD	Point-in-time
DEFERRED REVENUE	`DeferredRevenueNoncurrent`	$68.01M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxLiabilitiesNoncurrent`	$89.45M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - $0.005 par value; 240,000 shares authorized; 206,788 shares issued and 202,731 outstanding as of September 30, 2015; 207,004 shares issued and 167,722 outstanding as of December 31, 2014	`CommonStockValueOutstanding`	$1.03M	USD	Point-in-time
Common stock - $0.005 par value; 240,000 shares authorized; 206,788 shares issued and 202,731 outstanding as of September 30, 2015; 207,004 shares issued and 167,722 outstanding as of December 31, 2014	`CommonStockValueOutstanding`	$1.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.97B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$426.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.26B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.33B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-20.85M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.45M	USD	Point-in-time
Common stock in treasury, at cost; 4,057 and 39,282 shares as of September 30, 2015 and December 31, 2014, respectively	`TreasuryStockValue`	$548.14M	USD	Point-in-time
Common stock in treasury, at cost; 4,057 and 39,282 shares as of September 30, 2015 and December 31, 2014, respectively	`TreasuryStockValue`	$1.23B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.65B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$5.60B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.94B	USD	Point-in-time

Income Statement 53 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`SalesRevenueGoodsNet`	$2.08B	USD	3 Qtrs
NET SALES	`SalesRevenueGoodsNet`	$1.86B	USD	3 Qtrs
NET SALES	`SalesRevenueGoodsNet`	$756.62M	USD	1 Quarter
NET SALES	`SalesRevenueGoodsNet`	$635.97M	USD	1 Quarter
COST OF SALES	`CostOfGoodsSold`	$851.27M	USD	3 Qtrs
COST OF SALES	`CostOfGoodsSold`	$848.19M	USD	3 Qtrs
COST OF SALES	`CostOfGoodsSold`	$294.05M	USD	1 Quarter
COST OF SALES	`CostOfGoodsSold`	$291.14M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$341.92M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.01B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$1.23B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$465.48M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$152.01M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$725.21M	USD	3 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$174.04M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$453.44M	USD	3 Qtrs
GAIN ON SALE OF MONSTER NON-ENERGY (NOTE 2)	`GainLossOnSaleOfBusiness`	$161.47M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$665.21M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$291.44M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$554.58M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$189.91M	USD	1 Quarter
INTEREST INCOME AND OTHER (EXPENSE), net	`InterestAndOtherIncomeExpenseNet`	$-707.00K	USD	3 Qtrs
INTEREST INCOME AND OTHER (EXPENSE), net	`InterestAndOtherIncomeExpenseNet`	$-1.04M	USD	1 Quarter
INTEREST INCOME AND OTHER (EXPENSE), net	`InterestAndOtherIncomeExpenseNet`	$-3.14M	USD	3 Qtrs
INTEREST INCOME AND OTHER (EXPENSE), net	`InterestAndOtherIncomeExpenseNet`	$-3.36M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$553.88M	USD	3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$288.08M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$662.06M	USD	3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$188.87M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$113.50M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$254.07M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$67.27M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$196.02M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$121.60M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$407.99M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$174.57M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$357.85M	USD	3 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.22	USD	3 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.85	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.73	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.14	USD	3 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.84	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.70	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.17	USD	3 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.06	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	205.05M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	167.35M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	167.12M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	184.10M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.02M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.09M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.27M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.13M	shares	3 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$121.60M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$407.99M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$174.57M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$357.85M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.12M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.76M	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$212.00K	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$379.00K	USD	3 Qtrs
Gain on sale of Monster Non-Energy	`GainLossOnSaleOfBusiness`	$161.47M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$22.51M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$23.69M	USD	3 Qtrs
Loss on put option	`GainLossOnPutOptionOfSecurities`	$-771.00K	USD	3 Qtrs
Gain on investments, net	`GainLossOnSaleOfInvestments`	$732.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-7.92M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-115.10M	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$303.91M	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$11.54M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$45.76M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$132.61M	USD	3 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-2.05M	USD	3 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-393.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$9.08M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-13.30M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.56M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.86M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$8.72M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$83.28M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$75.14M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$30.03M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$12.39M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$29.30M	USD	3 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$15.20M	USD	3 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$32.42M	USD	3 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$7.71M	USD	3 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$-2.34M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$2.41M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-467.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$312.75M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.91M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-5.88M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-35.99M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$47.82M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$407.05M	USD	3 Qtrs
Maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$998.76M	USD	3 Qtrs
Maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$545.77M	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$4.00M	USD	3 Qtrs
Sales of trading investments	`ProceedsFromSaleOfShortTermInvestments`	$12.07M	USD	3 Qtrs
Sales of trading investments	`ProceedsFromSaleOfShortTermInvestments`	$2.62M	USD	3 Qtrs
Proceeds from transfer of distribution rights to TCCC	`ProceedsFromTransferOfDistributionRight`	$179.66M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$761.54M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$1.76B	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.63M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.30M	USD	3 Qtrs
Proceeds from the sale of Monster Non-Energy	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$198.01M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$484.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$745.00K	USD	3 Qtrs
Increase in intangibles	`PaymentsToAcquireIntangibleAssets`	$1.76M	USD	3 Qtrs
Increase in intangibles	`PaymentsToAcquireIntangibleAssets`	$5.35M	USD	3 Qtrs
(Increase) decrease in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$1.04M	USD	3 Qtrs
(Increase) decrease in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.03M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-222.98M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-408.66M	USD	3 Qtrs
Principal payments on debt	`RepaymentsOfShortTermDebt`	$807.00K	USD	3 Qtrs
Principal payments on debt	`RepaymentsOfShortTermDebt`	$1.32M	USD	3 Qtrs
Excess tax benefit from stock based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$11.54M	USD	3 Qtrs
Excess tax benefit from stock based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$303.91M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.05M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.69B	USD	3 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$758.97M	USD	3 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$8.13M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$17.15M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.24B	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-3.95M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-4.24M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$196.97M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$870.39M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.24B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$408.32M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$370.32M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$211.35M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.24B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$408.32M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$370.32M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$211.35M	USD	Point-in-time
Interest	`InterestPaid`	$21.00K	USD	3 Qtrs
Interest	`InterestPaid`	$27.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$210.09M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$141.18M	USD	3 Qtrs

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$121.60M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$407.99M	USD	3 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$174.57M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$357.85M	USD	3 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.72M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.10M	USD	3 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.40M	USD	3 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.78M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.40M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.78M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.10M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$115.88M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$398.59M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$352.75M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$172.80M	USD	1 Quarter

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