10-Q Filing

GLOBUS MEDICAL INC CIK: 1237831 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001237831-19-000042`
Period End Date	20190630
Filing Date	20190801
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	gmed-20190630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 88 Cash Flow Statement 67 Comprehensive Income 20

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.23M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.41M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.79M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$139.75M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$119.94M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$216.81M	USD	Point-in-time
Short-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$199.94M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$231.00M	USD	Point-in-time
Short-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$122.64M	USD	Point-in-time
Accounts receivable, net of allowances of $5,410 and $4,226, respectively	`AccountsReceivableNetCurrent`	$137.07M	USD	Point-in-time
Accounts receivable, net of allowances of $5,410 and $4,226, respectively	`AccountsReceivableNetCurrent`	$144.68M	USD	Point-in-time
Inventories	`InventoryNet`	$131.25M	USD	Point-in-time
Inventories	`InventoryNet`	$173.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.51M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	785.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.39M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	99.08M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$12.27M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	98.57M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$7.29M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	99.08M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$583.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$630.68M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	98.57M	shares	Point-in-time
Available-for-sale Securities, Noncurrent	`AvailableForSaleSecuritiesNoncurrent`	$369.67M	USD	Point-in-time
Available-for-sale Securities, Noncurrent	`AvailableForSaleSecuritiesNoncurrent`	$263.12M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $231,003 and $216,809, respectively	`PropertyPlantAndEquipmentNet`	$171.87M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $231,003 and $216,809, respectively	`PropertyPlantAndEquipmentNet`	$194.13M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$87.32M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$85.47M	USD	Point-in-time
Goodwill	`Goodwill`	$123.73M	USD	Point-in-time
Goodwill	`Goodwill`	$123.89M	USD	Point-in-time
Goodwill	`Goodwill`	$129.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.36M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$15.67M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$13.58M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$11.98M	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Total assets	`Assets`	$1.39B	USD	Point-in-time
Account payable	`AccountsPayableCurrent`	$25.89M	USD	Point-in-time
Account payable	`AccountsPayableCurrent`	$23.75M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$50.61M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$59.88M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$431.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$917.00K	USD	Point-in-time
Business acquisition liabilities	`BusinessAcquisitionLiabilitiesCurrent`	$6.02M	USD	Point-in-time
Business acquisition liabilities	`BusinessAcquisitionLiabilitiesCurrent`	$6.83M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$3.38M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$84.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$96.12M	USD	Point-in-time
Business acquisition liabilities, net of current portion	`BusinessAcquisitionLiabilitiesNoncurrent`	$3.29M	USD	Point-in-time
Business acquisition liabilities, net of current portion	`BusinessAcquisitionLiabilitiesNoncurrent`	$3.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$8.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$8.11M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$7.63M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$7.65M	USD	Point-in-time
Total liabilities	`Liabilities`	$103.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$115.15M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$299.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$325.06M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.17M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.73M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.81M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$892.72M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$964.09M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total equity	`StockholdersEquity`	$967.78M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.29B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.10B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$377.49M	USD	2 Qtrs
Sales	`Revenues`	$194.54M	USD	1 Quarter
Sales	`Revenues`	$347.80M	USD	2 Qtrs
Sales	`Revenues`	$173.38M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$43.99M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$37.64M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$85.83M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$75.61M	USD	2 Qtrs
Gross profit	`GrossProfit`	$291.66M	USD	2 Qtrs
Gross profit	`GrossProfit`	$272.19M	USD	2 Qtrs
Gross profit	`GrossProfit`	$135.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$150.55M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$15.75M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$30.07M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$26.21M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$13.52M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$88.38M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$77.12M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$152.82M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$174.16M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$2.18M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$4.37M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.45M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$6.79M	USD	2 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.02M	USD	2 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$782.00K	USD	1 Quarter
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$685.00K	USD	2 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$106.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$211.71M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$93.61M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$184.41M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$107.68M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$87.77M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$42.87M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$79.95M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$42.14M	USD	1 Quarter
Interest income/(expense), net	`InterestIncomeExpenseNet`	$2.97M	USD	1 Quarter
Interest income/(expense), net	`InterestIncomeExpenseNet`	$8.58M	USD	2 Qtrs
Interest income/(expense), net	`InterestIncomeExpenseNet`	$4.42M	USD	1 Quarter
Interest income/(expense), net	`InterestIncomeExpenseNet`	$5.26M	USD	2 Qtrs
Foreign currency transaction gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-210.00K	USD	1 Quarter
Foreign currency transaction gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-22.00K	USD	2 Qtrs
Foreign currency transaction gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$339.00K	USD	2 Qtrs
Foreign currency transaction gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$344.00K	USD	1 Quarter
Other income/(expense)	`OtherNonoperatingIncome`	$17.00K	USD	1 Quarter
Other income/(expense)	`OtherNonoperatingIncome`	$5.01M	USD	2 Qtrs
Other income/(expense)	`OtherNonoperatingIncome`	$241.00K	USD	2 Qtrs
Other income/(expense)	`OtherNonoperatingIncome`	$4.85M	USD	1 Quarter
Total other income/(expense), net	`OtherNonoperatingIncomeExpense`	$8.79M	USD	2 Qtrs
Total other income/(expense), net	`OtherNonoperatingIncomeExpense`	$4.22M	USD	1 Quarter
Total other income/(expense), net	`OtherNonoperatingIncomeExpense`	$8.16M	USD	1 Quarter
Total other income/(expense), net	`OtherNonoperatingIncomeExpense`	$10.61M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$88.74M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$47.09M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$50.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$98.38M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$5.33M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$17.37M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$13.87M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$8.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$84.52M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$44.98M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.72	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.87	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.70	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.84	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	98.88M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	99.02M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	97.34M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	97.83M	shares	1 Quarter
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	3.67M	shares	2 Qtrs
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	3.68M	shares	1 Quarter
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	2.60M	shares	2 Qtrs
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	2.56M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	101.47M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	101.58M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	101.51M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	101.00M	shares	2 Qtrs
Anti-dilutive stock options excluded from weighted average calculation	`AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount`	1.86M	shares	2 Qtrs
Anti-dilutive stock options excluded from weighted average calculation	`AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount`	4.85M	shares	2 Qtrs
Anti-dilutive stock options excluded from weighted average calculation	`AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount`	1.81M	shares	1 Quarter
Anti-dilutive stock options excluded from weighted average calculation	`AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount`	5.02M	shares	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$38.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$84.52M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$44.98M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.11M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.23M	USD	2 Qtrs
Amortization of premium (discount) on marketable securities	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$736.00K	USD	2 Qtrs
Amortization of premium (discount) on marketable securities	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-1.48M	USD	2 Qtrs
Write-down for excess and obsolete inventories	`InventoryWriteDown`	$5.41M	USD	2 Qtrs
Write-down for excess and obsolete inventories	`InventoryWriteDown`	$2.47M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.75M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.53M	USD	2 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.23M	USD	2 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$312.00K	USD	2 Qtrs
Change in fair value of business acquisition liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$416.00K	USD	2 Qtrs
Change in fair value of business acquisition liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$579.00K	USD	2 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.42M	USD	2 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.43M	USD	2 Qtrs
(Gain)/loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$3.95M	USD	2 Qtrs
(Gain)/loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-295.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.26M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.53M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.12M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$28.09M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.93M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.30M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-901.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.75M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.10M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-8.74M	USD	2 Qtrs
Income taxes payable/receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-10.28M	USD	2 Qtrs
Income taxes payable/receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.49M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$85.56M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireInvestments`	$309.22M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireInvestments`	$210.61M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$158.10M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$161.57M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$63.74M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$25.49M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.17M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.90M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-24.14M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-111.55M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-90.58M	USD	2 Qtrs
Proceeds from Sales of Assets, Investing Activities	`ProceedsFromSalesOfAssetsInvestingActivities`	$3.00M	USD	2 Qtrs
Payment of business acquisition liabilities	`PaymentOfBusinessAcquisitionLiabilities`	$5.95M	USD	2 Qtrs
Payment of business acquisition liabilities	`PaymentOfBusinessAcquisitionLiabilities`	$5.63M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$33.13M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$12.27M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.18M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.63M	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$186.00K	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-71.00K	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.13M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-21.96M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$119.94M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$118.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$139.65M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$117.79M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$119.94M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$118.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$139.65M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$117.79M	USD	Point-in-time
Interest paid	`InterestPaid`	$4.00K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$23.98M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$22.67M	USD	2 Qtrs

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$38.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$84.52M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$44.98M	USD	1 Quarter
Unrealized gain/(loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.78M	USD	2 Qtrs
Unrealized gain/(loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$164.00K	USD	1 Quarter
Unrealized gain/(loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.98M	USD	1 Quarter
Unrealized gain/(loss) on marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-72.00K	USD	2 Qtrs
Foreign currency translation gain/(loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.21M	USD	1 Quarter
Foreign currency translation gain/(loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.66M	USD	2 Qtrs
Foreign currency translation gain/(loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$172.00K	USD	2 Qtrs
Foreign currency translation gain/(loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.77M	USD	1 Quarter
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$100.00K	USD	2 Qtrs
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.04M	USD	1 Quarter
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.75M	USD	1 Quarter
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.44M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$76.82M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$84.62M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$41.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$40.94M	USD	1 Quarter

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