10-Q Filing

MONSTER BEVERAGE CORP CIK: 865752 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001104659-18-050877`
Period End Date	20180630
Filing Date	20180809
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	mnst-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 52 Cash Flow Statement 88 Comprehensive Income 24

Balance Sheet 75 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`	1.25B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.25B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	630.33M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	629.25M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$659.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$528.62M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	552.46M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$672.93M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	566.30M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$211.09M	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	62.96M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$592.57M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$449.48M	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	77.87M	shares	Point-in-time
Inventories	`InventoryNet`	$275.57M	USD	Point-in-time
Inventories	`InventoryNet`	$255.75M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$57.32M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$40.88M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$138.72M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$32.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.83B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.09B	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$2.37M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$240.66M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$230.28M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxAssetsNetNoncurrent`	$85.25M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxAssetsNetNoncurrent`	$92.33M	USD	Point-in-time
GOODWILL	`Goodwill`	$1.33B	USD	Point-in-time
GOODWILL	`Goodwill`	$1.33B	USD	Point-in-time
GOODWILL	`Goodwill`	$1.33B	USD	Point-in-time
GOODWILL	`Goodwill`	$1.33B	USD	Point-in-time
OTHER INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$1.03B	USD	Point-in-time
OTHER INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$1.04B	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$16.44M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$13.93M	USD	Point-in-time
Total Assets	`Assets`	$4.79B	USD	Point-in-time
Total Assets	`Assets`	$4.54B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$245.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$267.12M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$87.47M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$82.19M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$138.00M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$178.19M	USD	Point-in-time
Accrued distributor terminations	`AccruedDistributorTerminations`	$91.00K	USD	Point-in-time
Accrued distributor terminations	`AccruedDistributorTerminations`	$488.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$43.89M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$43.24M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$26.36M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$35.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$15.98M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$10.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$614.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$560.35M	USD	Point-in-time
DEFERRED REVENUE	`DeferredRevenueNoncurrent`	$320.26M	USD	Point-in-time
DEFERRED REVENUE	`DeferredRevenueNoncurrent`	$334.35M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$1.09M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$2.44M	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; 1,250,000 shares authorized; 630,330 shares issued and 552,457 shares outstanding as of June 30, 2018; 629,255 shares issued and 566,298 shares outstanding as of December 31, 2017	`CommonStockValueOutstanding`	$3.15M	USD	Point-in-time
Common stock - $0.005 par value; 1,250,000 shares authorized; 630,330 shares issued and 552,457 shares outstanding as of June 30, 2018; 629,255 shares issued and 566,298 shares outstanding as of December 31, 2017	`CommonStockValueOutstanding`	$3.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.15B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.93B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.41B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.66M	USD	Point-in-time
Common stock in treasury, at cost; 77,873 shares and 62,957 shares as of June 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$3.17B	USD	Point-in-time
Common stock in treasury, at cost; 77,873 shares and 62,957 shares as of June 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$3.98B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.90B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.61B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.54B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.79B	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`SalesRevenueGoodsNet`	$1.65B	USD	2 Qtrs
NET SALES	`SalesRevenueGoodsNet`	$907.07M	USD	1 Quarter
NET SALES	`SalesRevenueGoodsNet`	$1.87B	USD	2 Qtrs
NET SALES	`SalesRevenueGoodsNet`	$1.02B	USD	1 Quarter
COST OF SALES	`CostOfGoodsSold`	$731.28M	USD	2 Qtrs
COST OF SALES	`CostOfGoodsSold`	$395.62M	USD	1 Quarter
COST OF SALES	`CostOfGoodsSold`	$584.84M	USD	2 Qtrs
COST OF SALES	`CostOfGoodsSold`	$323.57M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$583.50M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.14B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$620.26M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.06B	USD	2 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$497.98M	USD	2 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$233.46M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$450.07M	USD	2 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$262.64M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$614.30M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$350.04M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$637.53M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$357.62M	USD	1 Quarter
INTEREST and OTHER INCOME (EXPENSE), net	`NonoperatingIncomeExpense`	$-2.55M	USD	1 Quarter
INTEREST and OTHER INCOME (EXPENSE), net	`NonoperatingIncomeExpense`	$2.28M	USD	2 Qtrs
INTEREST and OTHER INCOME (EXPENSE), net	`NonoperatingIncomeExpense`	$476.00K	USD	1 Quarter
INTEREST and OTHER INCOME (EXPENSE), net	`NonoperatingIncomeExpense`	$-1.89M	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$358.10M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$347.49M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$639.82M	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$612.41M	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$211.80M	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$87.98M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$153.65M	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$124.86M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$486.17M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$400.61M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$270.12M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$222.63M	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.39	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.86	USD	2 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.48	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.71	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.69	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.48	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.85	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.39	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	567.91M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	559.87M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	562.92M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	567.38M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	566.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	578.02M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	570.23M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	577.72M	shares	2 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Capital lease for acquisition of promotional vehicles	`PromotionalVehicleCapitalLease`	$700.00K	USD	2 Qtrs
Capital lease for acquisition of promotional vehicles	`PromotionalVehicleCapitalLease`	$1.50M	USD	2 Qtrs
Accounts payable for property and equipment	`AccountsPayableForPropertyAndEquipment`	$300.00K	USD	2 Qtrs
Accounts payable for property and equipment	`AccountsPayableForPropertyAndEquipment`	$1.50M	USD	2 Qtrs
Net income	`ProfitLoss`	$400.61M	USD	2 Qtrs
Net income	`ProfitLoss`	$486.17M	USD	2 Qtrs
Accrued liabilities for property and equipment	`AccruedLiabilitiesForPropertyAndEquipment`	$12.10M	USD	2 Qtrs
Accrued liabilities for property and equipment	`AccruedLiabilitiesForPropertyAndEquipment`	$100.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.59M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.19M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.77M	USD	2 Qtrs
Accounts payable for other intangible assets	`AccountsPayableForOtherIntangibleAssets`	$1.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.18M	USD	2 Qtrs
Accounts payable for other intangible assets	`AccountsPayableForOtherIntangibleAssets`	-	USD	2 Qtrs
Accrued liabilities for other intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$6.20M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$436.00K	USD	2 Qtrs
Accrued liabilities for other intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$9.50M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$308.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$28.34M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$25.98M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.86M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$76.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$154.37M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$75.18M	USD	2 Qtrs
TCCC Transaction receivable	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-125.00M	USD	2 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-5.83M	USD	2 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$1.45M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$22.75M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$24.86M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.13M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.98M	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-104.97M	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-60.70M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.68M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.78M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-667.00K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-15.62M	USD	2 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$43.20M	USD	2 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$25.80M	USD	2 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$-7.92M	USD	2 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$398.00K	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-8.41M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.22M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$8.04M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.36M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.34M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-7.07M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-12.34M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$501.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$533.22M	USD	2 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$807.40M	USD	2 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$172.53M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$342.46M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$286.86M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.62M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.48M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$733.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.59M	USD	2 Qtrs
Decrease (Increase) in intangibles	`IncreaseDecreaseInIntangibleAssetsCurrent`	$42.00K	USD	2 Qtrs
Decrease (Increase) in intangibles	`IncreaseDecreaseInIntangibleAssetsCurrent`	$-26.00K	USD	2 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$7.68M	USD	2 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$632.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$426.18M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-154.68M	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfShortTermDebt`	$1.33M	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfShortTermDebt`	$972.00K	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$13.62M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$19.09M	USD	2 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$805.15M	USD	2 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$302.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.46M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-792.50M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$4.07M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-3.91M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$131.06M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$400.07M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$377.58M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$528.62M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$777.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$659.69M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$377.58M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$528.62M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$777.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$659.69M	USD	Point-in-time
Interest	`InterestPaidNet`	$38.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$28.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$156.04M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$41.78M	USD	2 Qtrs

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$486.17M	USD	2 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$400.61M	USD	2 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$270.12M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$222.63M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.99M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$5.11M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.27M	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$6.31M	USD	2 Qtrs
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$513.00K	USD	1 Quarter
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$728.00K	USD	2 Qtrs
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$105.00K	USD	2 Qtrs
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-26.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$513.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$728.00K	USD	2 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$105.00K	USD	2 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-26.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.47M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.42M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.54M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.08M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$407.03M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$477.63M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$258.64M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$227.72M	USD	1 Quarter

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