10-Q Filing

GLOBUS MEDICAL INC CIK: 1237831 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001237831-16-000099`
Period End Date	20160630
Filing Date	20160727
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	gmed-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 84 Cash Flow Statement 72 Comprehensive Income 20

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$41.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$95.34M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.15M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.27M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$11.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$26.12M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$139.11M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$151.75M	USD	Point-in-time
Short-term marketable securities	`AvailableForSaleSecuritiesCurrent`	$229.17M	USD	Point-in-time
Short-term marketable securities	`AvailableForSaleSecuritiesCurrent`	$220.88M	USD	Point-in-time
Accounts receivable, net of allowances of $2,338 and $2,513, respectively	`AccountsReceivableNetCurrent`	$77.68M	USD	Point-in-time
Accounts receivable, net of allowances of $2,338 and $2,513, respectively	`AccountsReceivableNetCurrent`	$74.71M	USD	Point-in-time
Inventories	`InventoryNet`	$104.42M	USD	Point-in-time
Inventories	`InventoryNet`	$105.26M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.35M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	785.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.42M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$15.13M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	95.65M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	95.32M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$8.67M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$38.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	95.65M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	95.32M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$544.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$535.43M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $151,752 and $139,114, respectively	`PropertyPlantAndEquipmentNet`	$119.08M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $151,752 and $139,114, respectively	`PropertyPlantAndEquipmentNet`	$114.74M	USD	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$48.76M	USD	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$65.62M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$33.24M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$32.99M	USD	Point-in-time
Goodwill	`Goodwill`	$91.96M	USD	Point-in-time
Goodwill	`Goodwill`	$91.96M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$590.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$302.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$24.09M	USD	Point-in-time
Total assets	`Assets`	$834.10M	USD	Point-in-time
Total assets	`Assets`	$869.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.97M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$53.77M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$47.89M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$664.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$763.00K	USD	Point-in-time
Business acquisition liabilities, current	`BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities`	$12.19M	USD	Point-in-time
Business acquisition liabilities, current	`BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities`	$10.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$82.69M	USD	Point-in-time
Business acquisition liabilities, net of current portion	`BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities`	$21.13M	USD	Point-in-time
Business acquisition liabilities, net of current portion	`BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities`	$17.95M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$13.26M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.70M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$89.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$118.78M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$202.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$192.63M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.66M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.96M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$578.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$524.56M	USD	Point-in-time
Total equity	`StockholdersEquity`	$779.53M	USD	Point-in-time
Total equity	`StockholdersEquity`	$715.32M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$834.10M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$869.48M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$133.57M	USD	1 Quarter
Sales	`SalesRevenueNet`	$137.49M	USD	1 Quarter
Sales	`SalesRevenueNet`	$265.17M	USD	2 Qtrs
Sales	`SalesRevenueNet`	$276.75M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$64.69M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$64.50M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$32.86M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$32.58M	USD	1 Quarter
Gross profit	`GrossProfit`	$200.49M	USD	2 Qtrs
Gross profit	`GrossProfit`	$104.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$100.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$212.25M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$11.25M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$21.45M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$9.08M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$17.74M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$106.98M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$54.51M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$52.41M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$106.80M	USD	2 Qtrs
Provision for litigation	`LossContingencyAccrualProvision`	$374.00K	USD	1 Quarter
Provision for litigation	`LossContingencyAccrualProvision`	$3.06M	USD	1 Quarter
Provision for litigation	`LossContingencyAccrualProvision`	$3.06M	USD	2 Qtrs
Provision for litigation	`LossContingencyAccrualProvision`	$406.00K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$131.48M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$124.94M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$63.96M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$66.72M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$37.03M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$80.77M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$75.55M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$37.92M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$278.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$1.10M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$556.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$602.00K	USD	1 Quarter
Foreign currency transaction gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-664.00K	USD	2 Qtrs
Foreign currency transaction gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-309.00K	USD	1 Quarter
Foreign currency transaction gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$13.00K	USD	1 Quarter
Foreign currency transaction gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-201.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$125.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$281.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$202.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$150.00K	USD	1 Quarter
Total other income, net	`OtherNonoperatingIncomeExpense`	$94.00K	USD	2 Qtrs
Total other income, net	`OtherNonoperatingIncomeExpense`	$441.00K	USD	1 Quarter
Total other income, net	`OtherNonoperatingIncomeExpense`	$418.00K	USD	1 Quarter
Total other income, net	`OtherNonoperatingIncomeExpense`	$1.18M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$38.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$75.64M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$81.95M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$13.42M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$26.94M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$28.13M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$12.53M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$48.70M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$24.05M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$25.81M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$53.82M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.56	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.51	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.51	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.56	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	95.49M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	95.58M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	94.98M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	94.88M	shares	2 Qtrs
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	868,000.00	shares	2 Qtrs
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	1.07M	shares	1 Quarter
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	1.09M	shares	2 Qtrs
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	841,000.00	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.43M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.05M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.98M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.36M	shares	2 Qtrs
Anti-dilutive stock options excluded from weighted average calculation	`AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount`	5.47M	shares	1 Quarter
Anti-dilutive stock options excluded from weighted average calculation	`AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount`	5.34M	shares	2 Qtrs
Anti-dilutive stock options excluded from weighted average calculation	`AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount`	3.40M	shares	1 Quarter
Anti-dilutive stock options excluded from weighted average calculation	`AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount`	3.06M	shares	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$48.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$24.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$53.82M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.58M	USD	2 Qtrs
Amortization of premium on marketable securities	`InvestmentIncomeAmortizationOfPremium`	$1.37M	USD	2 Qtrs
Amortization of premium on marketable securities	`InvestmentIncomeAmortizationOfPremium`	$2.08M	USD	2 Qtrs
Write-down for excess and obsolete inventories	`InventoryWriteDown`	$4.73M	USD	2 Qtrs
Write-down for excess and obsolete inventories	`InventoryWriteDown`	$4.54M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.67M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.69M	USD	2 Qtrs
Excess tax benefit related to nonqualified stock options	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$764.00K	USD	2 Qtrs
Excess tax benefit related to nonqualified stock options	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.32M	USD	2 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$148.00K	USD	2 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$717.00K	USD	2 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-5.05M	USD	2 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.62M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$1.31M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-14.88M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.62M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.59M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.81M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.65M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$897.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.11M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-66.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.71M	USD	2 Qtrs
Accounts payable to related-party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-5.36M	USD	2 Qtrs
Accounts payable to related-party	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-65.00K	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-10.08M	USD	2 Qtrs
Income taxes payable/receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$187.00K	USD	2 Qtrs
Income taxes payable/receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$78.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$47.83M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireInvestments`	$172.89M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireInvestments`	$143.69M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$129.50M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$85.44M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$16.60M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$39.09M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.14M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.13M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$48.02M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.93M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-92.30M	USD	2 Qtrs
Payment of business acquisition liabilities	`PaymentOfBusinessAcquisitionLiabilities`	$400.00K	USD	2 Qtrs
Payment of business acquisition liabilities	`PaymentOfBusinessAcquisitionLiabilities`	$600.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.58M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.02M	USD	2 Qtrs
Excess tax benefit related to nonqualified stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$764.00K	USD	2 Qtrs
Excess tax benefit related to nonqualified stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.32M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.73M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.94M	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$35.00K	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$119.00K	USD	2 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$35.19M	USD	2 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-40.71M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$41.56M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$95.34M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$60.15M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$82.27M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$41.56M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$95.34M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$60.15M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$82.27M	USD	Point-in-time
Interest paid	`InterestPaid`	$9.00K	USD	2 Qtrs
Interest paid	`InterestPaid`	$2.00K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$31.88M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$32.21M	USD	2 Qtrs

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$48.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$24.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$53.82M	USD	2 Qtrs
Unrealized gain/(loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$60.00K	USD	1 Quarter
Unrealized gain/(loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-37.00K	USD	1 Quarter
Unrealized gain/(loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$284.00K	USD	2 Qtrs
Unrealized gain/(loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$28.00K	USD	2 Qtrs
Foreign currency translation gain/(loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$183.00K	USD	1 Quarter
Foreign currency translation gain/(loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-143.00K	USD	1 Quarter
Foreign currency translation gain/(loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-62.00K	USD	2 Qtrs
Foreign currency translation gain/(loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-60.00K	USD	2 Qtrs
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-32.00K	USD	2 Qtrs
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$222.00K	USD	2 Qtrs
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$146.00K	USD	1 Quarter
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-83.00K	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$54.04M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$48.67M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$24.20M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$25.72M	USD	1 Quarter

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