10-Q Filing

TERADYNE, INC CIK: 97210 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001193125-19-143836`
Period End Date	20190331
Filing Date	20190510
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	ter-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 38 Cash Flow Statement 71 Stockholders Equity 43 Comprehensive Income 24

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, less allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.67M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.68M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.12	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.12	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$483.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$926.75M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$190.10M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$421.09M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	172.35M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	175.52M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	175.52M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $1,675 and $1,673 at March 31, 2019 and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$291.27M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $1,675 and $1,673 at March 31, 2019 and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$333.84M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	172.35M	shares	Point-in-time
Inventories, net	`InventoryNet`	$161.34M	USD	Point-in-time
Inventories, net	`InventoryNet`	$153.54M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$170.83M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$194.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.59B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.73B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$279.82M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$283.30M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$50.73M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$50.10M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$50.10M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$87.73M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$91.93M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$69.69M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$70.85M	USD	Point-in-time
Retirement plans assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$16.79M	USD	Point-in-time
Retirement plans assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$16.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.28M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.51M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$119.37M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$125.48M	USD	Point-in-time
Goodwill	`Goodwill`	$379.51M	USD	Point-in-time
Goodwill	`Goodwill`	$381.85M	USD	Point-in-time
Total assets	`Assets`	$3.00B	USD	Point-in-time
Total assets	`Assets`	$2.71B	USD	Point-in-time
Total assets	`Assets`	$2.62B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$118.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$100.69M	USD	Point-in-time
Accrued employees' compensation and withholdings	`EmployeeRelatedLiabilitiesCurrent`	$148.57M	USD	Point-in-time
Accrued employees' compensation and withholdings	`EmployeeRelatedLiabilitiesCurrent`	$89.09M	USD	Point-in-time
Deferred revenue and customer advances	`DeferredRevenueAndCustomerAdvancesCurrent`	$84.76M	USD	Point-in-time
Deferred revenue and customer advances	`DeferredRevenueAndCustomerAdvancesCurrent`	$77.71M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$67.42M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$78.27M	USD	Point-in-time
Contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$34.87M	USD	Point-in-time
Contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$22.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.18M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$41.90M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$36.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$441.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$476.29M	USD	Point-in-time
Retirement plans liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$121.20M	USD	Point-in-time
Retirement plans liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$117.46M	USD	Point-in-time
Long-term deferred revenue and customer advances	`DeferredRevenueNoncurrent`	$32.84M	USD	Point-in-time
Long-term deferred revenue and customer advances	`DeferredRevenueNoncurrent`	$32.75M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$19.61M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$20.66M	USD	Point-in-time
Long-term other accrued liabilities	`OtherAccruedLiabilitiesNoncurrent`	$37.55M	USD	Point-in-time
Long-term other accrued liabilities	`OtherAccruedLiabilitiesNoncurrent`	$9.73M	USD	Point-in-time
Long-term contingent consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$15.51M	USD	Point-in-time
Long-term contingent consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$35.68M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$38.06M	USD	Point-in-time
Long-term incomes taxes payable	`AccruedIncomeTaxesNoncurrent`	$83.89M	USD	Point-in-time
Long-term incomes taxes payable	`AccruedIncomeTaxesNoncurrent`	$83.89M	USD	Point-in-time
Debt	`ConvertibleDebtNoncurrent`	$383.59M	USD	Point-in-time
Debt	`ConvertibleDebtNoncurrent`	$379.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.15B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.18B	USD	Point-in-time
Commitments and contingencies (See Note S)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note S)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.125 par value, 1,000,000 shares authorized; 172,353 and 175,522 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	$21.94M	USD	Point-in-time
Common stock, $0.125 par value, 1,000,000 shares authorized; 172,353 and 175,522 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	$21.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.68B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.67B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.04M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.71M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-158.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-215.61M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.90B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.95B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.47B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.71B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.62B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$487.47M	USD	1 Quarter
Total revenues	`Revenues`	$494.10M	USD	1 Quarter
Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)	`CostOfGoodsAndServicesSold`	$217.63M	USD	1 Quarter
Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)	`CostOfGoodsAndServicesSold`	$206.46M	USD	1 Quarter
Gross profit	`GrossProfit`	$269.83M	USD	1 Quarter
Gross profit	`GrossProfit`	$287.63M	USD	1 Quarter
Selling and administrative	`SellingGeneralAndAdministrativeExpense`	$102.01M	USD	1 Quarter
Selling and administrative	`SellingGeneralAndAdministrativeExpense`	$90.50M	USD	1 Quarter
Engineering and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$76.79M	USD	1 Quarter
Engineering and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$74.41M	USD	1 Quarter
Acquired intangible assets amortization	`AmortizationOfIntangibleAssets`	$7.70M	USD	1 Quarter
Acquired intangible assets amortization	`AmortizationOfIntangibleAssets`	$10.63M	USD	1 Quarter
Restructuring and other	`RestructuringSettlementAndImpairmentProvisions`	$-313.00K	USD	1 Quarter
Restructuring and other	`RestructuringSettlementAndImpairmentProvisions`	$5.11M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$194.55M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$172.30M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$97.53M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$93.08M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.98M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$8.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.89M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.71M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.45M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-805.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$93.98M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$95.82M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$8.85M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-15.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$86.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.14M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.63	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.62	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Weighted average common shares-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	195.25M	shares	1 Quarter
Weighted average common shares-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	173.53M	shares	1 Quarter
Weighted average common shares-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	176.97M	shares	1 Quarter
Weighted average common shares-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	203.48M	shares	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$86.97M	USD	1 Quarter
Net income	`ProfitLoss`	$109.14M	USD	1 Quarter
Depreciation	`Depreciation`	$16.65M	USD	1 Quarter
Depreciation	`Depreciation`	$16.34M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$12.94M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$9.20M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$9.54M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$9.47M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.21M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$8.70M	USD	1 Quarter
Provision for excess and obsolete inventory	`InventoryWriteDown`	$3.52M	USD	1 Quarter
Provision for excess and obsolete inventory	`InventoryWriteDown`	$2.40M	USD	1 Quarter
Contingent consideration fair value adjustment	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-4.97M	USD	1 Quarter
Contingent consideration fair value adjustment	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$2.97M	USD	1 Quarter
(Gains) losses on investments	`GainLossOnSaleOfInvestments`	$2.83M	USD	1 Quarter
(Gains) losses on investments	`GainLossOnSaleOfInvestments`	$-1.24M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-152.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-219.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$140.75M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$41.71M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$2.92M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$21.02M	USD	1 Quarter
Prepayments and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$679.00K	USD	1 Quarter
Prepayments and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.65M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-53.32M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-46.71M	USD	1 Quarter
Deferred revenue and customer advances	`IncreaseDecreaseInContractWithCustomerLiability`	$9.64M	USD	1 Quarter
Deferred revenue and customer advances	`IncreaseDecreaseInContractWithCustomerLiability`	$6.46M	USD	1 Quarter
Retirement plans contributions	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-1.02M	USD	1 Quarter
Retirement plans contributions	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-1.21M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-12.11M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-22.80M	USD	1 Quarter
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-81.93M	USD	1 Quarter
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.02M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.80M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.71M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$375.18M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$490.32M	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$800.67M	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$5.44M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$141.20M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$212.70M	USD	1 Quarter
Proceeds from life insurance	`PaymentsForProceedsFromLifeInsurancePolicies`	$-273.00K	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.97M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$25.36M	USD	1 Quarter
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$462.89M	USD	1 Quarter
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-260.95M	USD	1 Quarter
Issuance of common stock under stock purchase and stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$14.27M	USD	1 Quarter
Issuance of common stock under stock purchase and stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$10.65M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$134.28M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$156.47M	USD	1 Quarter
Dividend payments	`PaymentsOfDividends`	$17.59M	USD	1 Quarter
Dividend payments	`PaymentsOfDividends`	$15.63M	USD	1 Quarter
Payments related to net settlement of employee stock compensation awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$19.63M	USD	1 Quarter
Payments related to net settlement of employee stock compensation awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.32M	USD	1 Quarter
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$27.61M	USD	1 Quarter
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$13.57M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-174.41M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-199.76M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.48M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-329.00K	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$208.03M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-443.02M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$637.87M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$483.73M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$926.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$637.87M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$483.73M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$926.75M	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Issuance of stock to employees under benefit plans, net of shares withheld for payroll tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$19.63M	USD	1 Quarter
Issuance of stock to employees under benefit plans, net of shares withheld for payroll tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$14.32M	USD	1 Quarter
Unrealized (losses) gains on marketable securities arising during period, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-718.00K	USD	1 Quarter
Unrealized (losses) gains on marketable securities arising during period, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$577.00K	USD	1 Quarter
Reclassification adjustment for gains included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-20.00K	USD	1 Quarter
Reclassification adjustment for gains included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-78.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.90B	USD	Point-in-time
Amortization of prior service benefit, net of tax	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-11.00K	USD	1 Quarter
Amortization of prior service benefit, net of tax	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-18.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$1.95B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.47B	USD	Point-in-time
Tax Cuts and Jobs Act of 2017, Reclassification from AOCI to Retained Earnings Tax Effect	`TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect`	$769.00K	USD	1 Quarter
Issuance of common stock to employees under benefit plans, net of shares withheld for payroll tax	`StockIssuedDuringPeriodValueShareBasedCompensationNetOfSharesWithheldForTaxes`	$-7.98M	USD	1 Quarter
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Issuance of common stock to employees under benefit plans, net of shares withheld for payroll tax	`StockIssuedDuringPeriodValueShareBasedCompensationNetOfSharesWithheldForTaxes`	$-49.00K	USD	1 Quarter
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.56M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.47M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$140.67M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$151.47M	USD	1 Quarter
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	2.90M	shares	1 Quarter
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	4.50M	shares	1 Quarter
Cash dividends ($0.09 per share)	`DividendsCash`	$17.60M	USD	1 Quarter
Cash dividends ($0.09 per share)	`DividendsCash`	$15.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$86.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.14M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.54M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.66M	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.10M	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.69M	USD	1 Quarter
Less: reclassification adjustment for gains included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$70.00K	USD	1 Quarter
Less: reclassification adjustment for gains included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-1.67M	USD	1 Quarter
Reclassification of unrealized gains on equity securities, net of tax of $(902)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfEquitySecuritiesNetOfTax`	-	USD	1 Quarter
Amortization of prior service benefit, net of tax	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-37.00K	USD	1 Quarter
Amortization of prior service benefit, net of tax	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-61.00K	USD	1 Quarter
Reclassification of tax effects resulting from the Tax Reform Act, net of tax of $769	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$107.00K	USD	1 Quarter
Reclassification of tax effects resulting from the Tax Reform Act, net of tax of $769	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	-	USD	1 Quarter
Cumulative effect of changes in accounting principle related to revenue recognition	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$12.68M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.90B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.95B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.47B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$86.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.14M	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Unrealized gains (losses) on marketable securities arising during period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-718.00K	USD	1 Quarter
Unrealized gains (losses) on marketable securities arising during period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$577.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0, $0, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.54M	USD	1 Quarter
Reclassification adjustment for (gains) losses included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-20.00K	USD	1 Quarter
Reclassification adjustment for (gains) losses included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-78.00K	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0, $0, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.66M	USD	1 Quarter
Amortization of prior service benefit included in net periodic pension and post-retirement benefit, net of ta	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-11.00K	USD	1 Quarter
Amortization of prior service benefit included in net periodic pension and post-retirement benefit, net of ta	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-18.00K	USD	1 Quarter
Unrealized gains (losses) on marketable securities arising during period, net of tax of $577, $(718), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.10M	USD	1 Quarter
Unrealized gains (losses) on marketable securities arising during period, net of tax of $577, $(718), respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.69M	USD	1 Quarter
Less: Reclassification adjustment for (gains) losses included in net income, net of tax of $(20), $78, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$70.00K	USD	1 Quarter
Less: Reclassification adjustment for (gains) losses included in net income, net of tax of $(20), $78, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-1.67M	USD	1 Quarter
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Total	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.02M	USD	1 Quarter
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Total	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.03M	USD	1 Quarter
Amortization of prior service benefit included in net periodic pension and post-retirement benefit, net of tax of $(11), $(18), respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-37.00K	USD	1 Quarter
Amortization of prior service benefit included in net periodic pension and post-retirement benefit, net of tax of $(11), $(18), respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-61.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$9.46M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.67M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$96.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$106.47M	USD	1 Quarter

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