10-Q Filing

MONSTER BEVERAGE CORP CIK: 865752 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001104659-18-066941`
Period End Date	20180930
Filing Date	20181108
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	mnst-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 52 Cash Flow Statement 85 Comprehensive Income 24

Balance Sheet 76 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`	629.25M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$528.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$713.71M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	630.83M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$672.93M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	552.95M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	566.30M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$457.90M	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	77.87M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$449.48M	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	62.96M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$620.16M	USD	Point-in-time
Inventories	`InventoryNet`	$262.08M	USD	Point-in-time
Inventories	`InventoryNet`	$255.75M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$57.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$40.88M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$41.21M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$138.72M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.09B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.15B	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$2.37M	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$1.61M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$242.85M	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`	$1.04B	USD	Point-in-time
OTHER INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$1.03B	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$13.93M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$15.08M	USD	Point-in-time
Total Assets	`Assets`	$4.87B	USD	Point-in-time
Total Assets	`Assets`	$4.79B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$278.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$245.91M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$112.44M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$87.47M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$183.29M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$138.00M	USD	Point-in-time
Accrued distributor terminations	`AccruedDistributorTerminations`	$91.00K	USD	Point-in-time
Accrued distributor terminations	`AccruedDistributorTerminations`	$795.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$44.23M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$43.24M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$35.00M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$30.24M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.45M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$10.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$560.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$656.36M	USD	Point-in-time
DEFERRED REVENUE	`DeferredRevenueNoncurrent`	$334.35M	USD	Point-in-time
DEFERRED REVENUE	`DeferredRevenueNoncurrent`	$319.01M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$1.09M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$2.72M	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; 630,825 shares issued and 552,952 shares outstanding as of September 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; 630,825 shares issued and 552,952 shares outstanding as of September 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`	$4.22B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.93B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.78M	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 September 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$3.98B	USD	Point-in-time
Common stock in treasury, at cost; 77,873 shares and 62,957 shares as of September 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$3.17B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.89B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.90B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.87B	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	`RevenueFromContractWithCustomerExcludingAssessedTax`	$909.48M	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.02B	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.88B	USD	3 Qtrs
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.56B	USD	3 Qtrs
COST OF SALES	`CostOfGoodsSold`	$408.50M	USD	1 Quarter
COST OF SALES	`CostOfGoodsSold`	$1.14B	USD	3 Qtrs
COST OF SALES	`CostOfGoodsSold`	$924.61M	USD	3 Qtrs
COST OF SALES	`CostOfGoodsSold`	$339.77M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$607.66M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.63B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$569.71M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.74B	USD	3 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$268.09M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$766.07M	USD	3 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$702.40M	USD	3 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$252.34M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$317.37M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$339.57M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$931.67M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$977.11M	USD	3 Qtrs
INTEREST and OTHER INCOME, net	`NonoperatingIncomeExpense`	$2.99M	USD	1 Quarter
INTEREST and OTHER INCOME, net	`NonoperatingIncomeExpense`	$5.27M	USD	3 Qtrs
INTEREST and OTHER INCOME, net	`NonoperatingIncomeExpense`	$4.00M	USD	1 Quarter
INTEREST and OTHER INCOME, net	`NonoperatingIncomeExpense`	$2.10M	USD	3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$933.78M	USD	3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$342.56M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$321.37M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$982.38M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$228.48M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$102.62M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$314.42M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$74.83M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$753.90M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$218.74M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$619.36M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$267.73M	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.09	USD	3 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.35	USD	3 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.48	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.39	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.33	USD	3 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.07	USD	3 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.38	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.48	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	567.55M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	559.47M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	552.69M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	567.88M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	578.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	577.96M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	566.79M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	559.96M	shares	1 Quarter

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Capital lease for acquisition of promotional vehicles	`PromotionalVehicleCapitalLease`	$1.20M	USD	3 Qtrs
Capital lease for acquisition of promotional vehicles	`PromotionalVehicleCapitalLease`	$2.00M	USD	3 Qtrs
Accrued liabilities for property and equipment	`AccruedLiabilitiesForPropertyAndEquipment`	$6.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$753.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$619.36M	USD	3 Qtrs
Accrued liabilities for other intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$4.60M	USD	3 Qtrs
Accrued liabilities for other intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$10.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.47M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.33M	USD	1 Quarter
Accounts payable on short-term investments	`ShortTermInvestmentsPurchasedButNotYetPaid`	$4.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.10M	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$634.00K	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$514.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$42.44M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$39.27M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.86M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$76.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$181.68M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$70.86M	USD	3 Qtrs
TCCC Transaction receivable	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-125.00M	USD	3 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-1.60M	USD	3 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-7.80M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$10.34M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$46.70M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.21M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$16.46M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-24.17M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-96.46M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.65M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$39.64M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$16.52M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$15.87M	USD	3 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$42.06M	USD	3 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$48.68M	USD	3 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$7.42M	USD	3 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$703.00K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.23M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.36M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.14M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.38M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$819.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.63M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-12.46M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-13.94M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$821.36M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$790.06M	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$358.11M	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$927.41M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$768.28M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$711.01M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$49.86M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$67.74M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.01M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$855.00K	USD	3 Qtrs
Increase in intangibles	`IncreaseDecreaseInIntangibleAssetsCurrent`	$5.14M	USD	3 Qtrs
Increase in intangibles	`IncreaseDecreaseInIntangibleAssetsCurrent`	$6.28M	USD	3 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$10.12M	USD	3 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$1.22M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$154.15M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-483.40M	USD	3 Qtrs
Principal payments on debt	`RepaymentsOfShortTermDebt`	$1.48M	USD	3 Qtrs
Principal payments on debt	`RepaymentsOfShortTermDebt`	$1.88M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$26.78M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$24.48M	USD	3 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$805.15M	USD	3 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$249.17M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-224.28M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-782.15M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-8.27M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$5.60M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$185.09M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$87.98M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$465.56M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$713.71M	USD	Point-in-time
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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$465.56M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$713.71M	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
Interest	`InterestPaidNet`	$44.00K	USD	3 Qtrs
Interest	`InterestPaidNet`	$55.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$134.38M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$293.98M	USD	3 Qtrs

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$753.90M	USD	3 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$218.74M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$619.36M	USD	3 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$267.73M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$7.64M	USD	3 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.33M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.46M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-13.73M	USD	3 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$75.00K	USD	3 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-118.00K	USD	1 Quarter
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$610.00K	USD	3 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-29.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$610.00K	USD	3 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-29.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$75.00K	USD	3 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-118.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-13.12M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.72M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.30M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.58M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$740.78M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$220.04M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$627.07M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$263.15M	USD	1 Quarter

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