10-Q Filing

COGNEX CORP CIK: 851205 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-322429`
Period End Date	20120630
Filing Date	20120730
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	cgnx-20120701.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 92 Cash Flow Statement 50 Stockholders Equity 27 Comprehensive Income 28

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.24M	USD	Point-in-time
Reserves for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.12M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.20M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	140.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$205.99M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	140.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.68M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$144.43M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.88M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.22M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$59.94M	USD	Point-in-time
Accounts receivable, less reserves of $1,119 and $1,240 in 2012 and 2011, respectively	`AccountsReceivableNetCurrent`	$48.21M	USD	Point-in-time
Accounts receivable, less reserves of $1,119 and $1,240 in 2012 and 2011, respectively	`AccountsReceivableNetCurrent`	$48.38M	USD	Point-in-time
Inventories	`InventoryNet`	$28.10M	USD	Point-in-time
Inventories	`InventoryNet`	$25.11M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.74M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.88M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$23.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$285.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$369.88M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$174.91M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$124.75M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$33.66M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$31.74M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$15.92M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$17.05M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$18.91M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$16.82M	USD	Point-in-time
Goodwill	`Goodwill`	$82.03M	USD	Point-in-time
Goodwill	`Goodwill`	$81.82M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.77M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.03M	USD	Point-in-time
Total assets	`Assets`	$611.88M	USD	Point-in-time
Total assets	`Assets`	$646.75M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.54M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$28.02M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$32.29M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$3.78M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.26M	USD	Point-in-time
Deferred revenue and customer deposits	`DeferredRevenueAndCreditsCurrent`	$11.75M	USD	Point-in-time
Deferred revenue and customer deposits	`DeferredRevenueAndCreditsCurrent`	$13.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$50.09M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$5.07M	USD	Point-in-time
Reserve for income taxes	`LiabilityForUncertainTaxPositionsNoncurrent`	$4.80M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $.002 par value - Authorized: 140,000 shares, issued: 42,877 and 42,223 shares in 2012 and 2011, respectively	`CommonStockValueOutstanding`	$84.00K	USD	Point-in-time
Common stock, $.002 par value - Authorized: 140,000 shares, issued: 42,877 and 42,223 shares in 2012 and 2011, respectively	`CommonStockValueOutstanding`	$86.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$135.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$157.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$434.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$459.64M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-26.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.35M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$552.98M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$591.59M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$646.75M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$611.88M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$149.86M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$77.57M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$146.44M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$78.45M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$12.18M	USD	2 Qtrs
Service	`SalesRevenueServicesNet`	$5.83M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$11.34M	USD	2 Qtrs
Service	`SalesRevenueServicesNet`	$5.88M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$157.79M	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$84.33M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$83.39M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$162.03M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$33.19M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$17.64M	USD	1 Quarter
Product	`CostOfGoodsSold`	$31.55M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$16.45M	USD	1 Quarter
Service	`CostOfServices`	$6.21M	USD	2 Qtrs
Service	`CostOfServices`	$6.42M	USD	2 Qtrs
Service	`CostOfServices`	$2.91M	USD	1 Quarter
Service	`CostOfServices`	$2.92M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$37.76M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$19.38M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$20.55M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$39.61M	USD	2 Qtrs
Product	`GrossMarginProducts`	$116.67M	USD	2 Qtrs
Product	`GrossMarginProducts`	$114.89M	USD	2 Qtrs
Product	`GrossMarginProducts`	$60.81M	USD	1 Quarter
Product	`GrossMarginProducts`	$61.11M	USD	1 Quarter
Service	`GrossMarginServices`	$5.13M	USD	2 Qtrs
Service	`GrossMarginServices`	$2.96M	USD	1 Quarter
Service	`GrossMarginServices`	$5.76M	USD	2 Qtrs
Service	`GrossMarginServices`	$2.90M	USD	1 Quarter
Total gross margin	`GrossProfit`	$64.01M	USD	1 Quarter
Total gross margin	`GrossProfit`	$63.78M	USD	1 Quarter
Total gross margin	`GrossProfit`	$120.03M	USD	2 Qtrs
Total gross margin	`GrossProfit`	$122.43M	USD	2 Qtrs
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$19.99M	USD	2 Qtrs
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$10.30M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$10.51M	USD	1 Quarter
Research, development, and engineering expenses	`ResearchAndDevelopmentExpense`	$20.66M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$60.68M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$58.63M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$30.13M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$29.47M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$23.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$41.41M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$24.04M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$41.09M	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$210.00K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$151.00K	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-668.00K	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-30.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$1.80M	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$1.30M	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$697.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$2.77M	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-99.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-148.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-353.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-96.00K	USD	2 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$43.10M	USD	2 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$42.51M	USD	2 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$25.02M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$24.80M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.25M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.70M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.05M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$9.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.05M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$19.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.10M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.79	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.80	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.77	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.78	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.84M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.59M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.85M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.71M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.53M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.60M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.81M	shares	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.21	USD	2 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.11	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	2 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$34.05M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$19.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.10M	USD	1 Quarter
Stock-based compensation expense	`StockOptionPlanExpense`	$5.30M	USD	2 Qtrs
Stock-based compensation expense	`StockOptionPlanExpense`	$4.31M	USD	2 Qtrs
Depreciation of property, plant, and equipment	`Depreciation`	$2.67M	USD	2 Qtrs
Depreciation of property, plant, and equipment	`Depreciation`	$3.18M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.13M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.09M	USD	2 Qtrs
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.58M	USD	2 Qtrs
Amortization of discounts or premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.00M	USD	2 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$14.00K	USD	2 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$1.07M	USD	2 Qtrs
Tax effect of stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.42M	USD	2 Qtrs
Tax effect of stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.97M	USD	2 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$642.00K	USD	2 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.08M	USD	2 Qtrs
Change in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$2.91M	USD	2 Qtrs
Change in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-6.31M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$48.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.17M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$168.16M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$109.10M	USD	2 Qtrs
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$242.95M	USD	2 Qtrs
Maturities and sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$114.82M	USD	2 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.62M	USD	2 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.30M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$128.54M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.97M	USD	2 Qtrs
Issuance of common stock under stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$20.82M	USD	2 Qtrs
Issuance of common stock under stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$13.93M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$8.98M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$7.10M	USD	2 Qtrs
Tax effect of stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.42M	USD	2 Qtrs
Tax effect of stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.97M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.91M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$16.15M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.23M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-8.74M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.47M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$167.89M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.10M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$205.99M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$42.68M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$38.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$205.99M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$42.68M	USD	Point-in-time

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Tax effect of unrealized gain on available-for-sale investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$200.00K	USD	2 Qtrs
Tax benefit of foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-197.00K	USD	2 Qtrs
Beginning Balance	`StockholdersEquity`	$552.98M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$591.59M	USD	Point-in-time
Beginning Balance, Shares	`CommonStockSharesIssued`	42.88M	shares	Point-in-time
Beginning Balance, Shares	`CommonStockSharesIssued`	42.22M	shares	Point-in-time
Issuance of common stock under stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$13.93M	USD	2 Qtrs
Issuance of common stock under stock option plans, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	654,000.00	shares	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.30M	USD	2 Qtrs
Excess tax benefit from stock option exercises	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$2.97M	USD	2 Qtrs
Payment of dividends	`DividendsCommonStockCash`	$8.98M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.05M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$19.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.10M	USD	1 Quarter
Net unrealized gain on available-for-sale investments, net of tax of $200	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-177.00K	USD	2 Qtrs
Net unrealized gain on available-for-sale investments, net of tax of $200	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$381.00K	USD	1 Quarter
Net unrealized gain on available-for-sale investments, net of tax of $200	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$529.00K	USD	2 Qtrs
Net unrealized gain on available-for-sale investments, net of tax of $200	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-691.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax of ($197)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.96M	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of ($197)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.51M	USD	1 Quarter
Foreign currency translation adjustment, net of tax of ($197)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.18M	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of ($197)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.36M	USD	1 Quarter
Ending Balance (unaudited)	`StockholdersEquity`	$552.98M	USD	Point-in-time
Ending Balance (unaudited)	`StockholdersEquity`	$591.59M	USD	Point-in-time
Ending Balance, Shares (unaudited)	`CommonStockSharesIssued`	42.88M	shares	Point-in-time
Ending Balance, Shares (unaudited)	`CommonStockSharesIssued`	42.22M	shares	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$34.05M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.73M	USD	2 Qtrs
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-35.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$19.77M	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-91.00K	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$200.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$19.10M	USD	1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$18.00K	USD	1 Quarter
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$469.00K	USD	2 Qtrs
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-403.00K	USD	1 Quarter
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$142.00K	USD	1 Quarter
Tax effect of foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-197.00K	USD	2 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($91) and $18 in the three-month periods and net of tax of $200 and ($35) in the six-month periods, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-177.00K	USD	2 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($91) and $18 in the three-month periods and net of tax of $200 and ($35) in the six-month periods, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$381.00K	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($91) and $18 in the three-month periods and net of tax of $200 and ($35) in the six-month periods, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$529.00K	USD	2 Qtrs
Net unrealized gain (loss) on available-for-sale investments, net of tax of ($91) and $18 in the three-month periods and net of tax of $200 and ($35) in the six-month periods, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-691.00K	USD	1 Quarter
Foreign currency translation adjustments, net of tax of ($403) and $142 in the three-month periods and net of tax of ($197) and $469 in the six-month period, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.96M	USD	2 Qtrs
Foreign currency translation adjustments, net of tax of ($403) and $142 in the three-month periods and net of tax of ($197) and $469 in the six-month period, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.51M	USD	1 Quarter
Foreign currency translation adjustments, net of tax of ($403) and $142 in the three-month periods and net of tax of ($197) and $469 in the six-month period, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.18M	USD	2 Qtrs
Foreign currency translation adjustments, net of tax of ($403) and $142 in the three-month periods and net of tax of ($197) and $469 in the six-month period, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.36M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.65M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.78M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.74M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$25.40M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$46.52M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.57M	USD	1 Quarter

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