10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001352010-15-000025`
Period End Date	20150930
Filing Date	20151106
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	epam-20150929.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 68 Cash Flow Statement 74

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$169.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$191.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$220.53M	USD	Point-in-time
Accounts receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$214.44M	USD	Point-in-time
Accounts receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.18M	USD	Point-in-time
Time deposits	`TimeDepositsAtCarryingValue`	-	USD	Point-in-time
Employee loans current allowance	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Employee loans current allowance	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Time deposits	`TimeDepositsAtCarryingValue`	$30.00M	USD	Point-in-time
Accounts receivable, net of allowance of $2,216 and $2,181, respectively	`AccountsReceivableNetCurrent`	$124.48M	USD	Point-in-time
Accounts receivable, net of allowance of $2,216 and $2,181, respectively	`AccountsReceivableNetCurrent`	$125.68M	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$104.86M	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$55.85M	USD	Point-in-time
Employee loans long-term allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	-	USD	Point-in-time
Employee loans long-term allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	-	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.20M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.29M	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively, current	`AccountsNotesAndLoansReceivableNetCurrent`	$2.76M	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively, current	`AccountsNotesAndLoansReceivableNetCurrent`	$2.43M	USD	Point-in-time
Deferred tax assets, current	`DeferredTaxAssetsNetCurrent`	$2.50M	USD	Point-in-time
Deferred tax assets, current	`DeferredTaxAssetsNetCurrent`	$2.11M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$500.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$415.09M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, shares issued (in shares )	`CommonStockSharesIssued`	48.75M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$60.55M	USD	Point-in-time
Common stock, shares issued (in shares )	`CommonStockSharesIssued`	49.86M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$55.13M	USD	Point-in-time
Restricted cash, long-term	`DepositsAssetsNoncurrent`	$187.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	48.30M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	49.85M	shares	Point-in-time
Restricted cash, long-term	`DepositsAssetsNoncurrent`	$156.00K	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively, long-term	`NotesAndLoansReceivableNetNoncurrent`	$4.08M	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively, long-term	`NotesAndLoansReceivableNetNoncurrent`	$4.18M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$37.18M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$47.69M	USD	Point-in-time
Goodwill	`Goodwill`	$84.23M	USD	Point-in-time
Goodwill	`Goodwill`	$57.42M	USD	Point-in-time
Deferred tax assets, long-term	`DeferredTaxAssetsNetNoncurrent`	$14.01M	USD	Point-in-time
Deferred tax assets, long-term	`DeferredTaxAssetsNetNoncurrent`	$11.09M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$3.37M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$3.34M	USD	Point-in-time
Total assets	`Assets`	$594.03M	USD	Point-in-time
Total assets	`Assets`	$703.73M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.64M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$42.49M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$32.20M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$2.35M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$3.22M	USD	Point-in-time
Due to employees	`DueToEmployeesCurrent`	$28.67M	USD	Point-in-time
Due to employees	`DueToEmployeesCurrent`	$24.52M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$24.70M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$26.40M	USD	Point-in-time
Contingent consideration, current (Note 2 and 4)	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Contingent consideration, current (Note 2 and 4)	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$35.52M	USD	Point-in-time
Deferred tax liabilities, current	`DeferredTaxLiabilitiesCurrent`	$603.00K	USD	Point-in-time
Deferred tax liabilities, current	`DeferredTaxLiabilitiesCurrent`	$408.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$112.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$125.41M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$15.00M	USD	Point-in-time
Long-term debt	`LongTermDebt`	-	USD	Point-in-time
Deferred tax liabilities, long-term	`DeferredTaxLiabilitiesNoncurrent`	$4.56M	USD	Point-in-time
Deferred tax liabilities, long-term	`DeferredTaxLiabilitiesNoncurrent`	$3.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$130.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$129.98M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 49,857,284 and 48,748,298 shares issued, 49,848,259 and 48,303,811 shares outstanding at September 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$48.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 49,857,284 and 48,748,298 shares issued, 49,848,259 and 48,303,811 shares outstanding at September 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$49.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$229.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$284.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$317.41M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$260.60M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$80.00K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$4.04M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.45M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$464.05M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$572.87M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$703.73M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$594.03M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$192.76M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$236.05M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$527.84M	USD	3 Qtrs
Revenues	`SalesRevenueNet`	$653.88M	USD	3 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$408.62M	USD	3 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$148.48M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$122.51M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$335.06M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$42.88M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$158.34M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$113.91M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$55.43M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$4.39M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$5.51M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$14.65M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$12.50M	USD	3 Qtrs
Other operating (income)/ expenses, net	`OtherOperatingIncomeExpenseNet`	$-2.06M	USD	3 Qtrs
Other operating (income)/ expenses, net	`OtherOperatingIncomeExpenseNet`	$-35.00K	USD	1 Quarter
Other operating (income)/ expenses, net	`OtherOperatingIncomeExpenseNet`	$-210.00K	USD	3 Qtrs
Other operating (income)/ expenses, net	`OtherOperatingIncomeExpenseNet`	$30.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$62.17M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$27.78M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$74.20M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$21.84M	USD	1 Quarter
Interest and other income, net	`InvestmentIncomeNet`	$3.40M	USD	3 Qtrs
Interest and other income, net	`InvestmentIncomeNet`	$865.00K	USD	1 Quarter
Interest and other income, net	`InvestmentIncomeNet`	$1.26M	USD	1 Quarter
Interest and other income, net	`InvestmentIncomeNet`	$3.32M	USD	3 Qtrs
Foreign exchange gain/ (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$32.00K	USD	1 Quarter
Foreign exchange gain/ (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-6.19M	USD	3 Qtrs
Foreign exchange gain/ (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-718.00K	USD	1 Quarter
Foreign exchange gain/ (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.20M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$71.34M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$28.67M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$62.37M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.38M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.15M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.34M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.52M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.22M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.82M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-7.40M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-8.26M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-8.34M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-8.94M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$42.27M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.42M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.09	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.17	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.10	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.03	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.06M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.04M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.31M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.51M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.53M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	52.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.83M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.76M	shares	3 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$51.22M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.82M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.65M	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$946.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$910.00K	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$535.00K	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$275.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$33.35M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.42M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$11.96M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$16.52M	USD	3 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.55M	USD	3 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.12M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.61M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.36M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$18.13M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.58M	USD	3 Qtrs
Unbilled revenues	`IncreaseDecreaseInUnbilledReceivables`	$49.11M	USD	3 Qtrs
Unbilled revenues	`IncreaseDecreaseInUnbilledReceivables`	$26.07M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-525.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-29.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-264.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.13M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$10.84M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$6.35M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$-2.07M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$-607.00K	USD	3 Qtrs
Due to employees	`IncreaseDecreaseInDueToEmployeesCurrent`	$7.12M	USD	3 Qtrs
Due to employees	`IncreaseDecreaseInDueToEmployeesCurrent`	$4.29M	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-8.80M	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$5.04M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$64.55M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$56.17M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.16M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.53M	USD	3 Qtrs
Payment for construction of corporate facilities	`PaymentsForConstructionInProcess`	$4.67M	USD	3 Qtrs
Payment for construction of corporate facilities	`PaymentsForConstructionInProcess`	$3.54M	USD	3 Qtrs
Employee housing loans issued	`PaymentsForProceedsFromOtherInvestingActivities`	$1.99M	USD	3 Qtrs
Employee housing loans issued	`PaymentsForProceedsFromOtherInvestingActivities`	$1.32M	USD	3 Qtrs
Proceeds from repayments of employee housing loans	`ProceedsFromCollectionOfNotesReceivable`	$1.30M	USD	3 Qtrs
Proceeds from repayments of employee housing loans	`ProceedsFromCollectionOfNotesReceivable`	$1.61M	USD	3 Qtrs
Increase in restricted cash and time deposits, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$29.95M	USD	3 Qtrs
Increase in restricted cash and time deposits, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-307.00K	USD	3 Qtrs
Increase in other long-term assets, net	`IncreaseDecreaseInOtherNoncurrentAssets`	$499.00K	USD	3 Qtrs
Increase in other long-term assets, net	`IncreaseDecreaseInOtherNoncurrentAssets`	$988.00K	USD	3 Qtrs
Acquisition of businesses, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$27.65M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$26.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.17M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-38.41M	USD	3 Qtrs
Proceeds related to stock options exercises	`ProceedsFromStockOptionsExercised`	$6.81M	USD	3 Qtrs
Proceeds related to stock options exercises	`ProceedsFromStockOptionsExercised`	$17.61M	USD	3 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.55M	USD	3 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.12M	USD	3 Qtrs
Proceeds from borrowing under line of credit (Note 5)	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Proceeds from borrowing under line of credit (Note 5)	`ProceedsFromLongTermLinesOfCredit`	$15.00M	USD	3 Qtrs
Acquisition of business, deferred consideration (Note 2)	`PaymentsToAcquireBusinessesDeferred`	-	USD	3 Qtrs
Acquisition of business, deferred consideration (Note 2)	`PaymentsToAcquireBusinessesDeferred`	$30.27M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.36M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.45M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-5.08M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.92M	USD	3 Qtrs
Net increase/ (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$22.04M	USD	3 Qtrs
Net increase/ (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.09M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$169.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$191.25M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$220.53M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$214.44M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$169.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$191.25M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$220.53M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$214.44M	USD	Point-in-time

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