10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001352010-19-000017`
Period End Date	20190331
Filing Date	20190509
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	epam-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 34 Cash Flow Statement 70 Stockholders Equity 24

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$770.56M	USD	Point-in-time
Accounts receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.42M	USD	Point-in-time
Accounts receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$762.53M	USD	Point-in-time
Accounts receivable, net of allowance of $1,415 and $1,557, respectively	`AccountsReceivableNetCurrent`	$297.69M	USD	Point-in-time
Accounts receivable, net of allowance of $1,415 and $1,557, respectively	`AccountsReceivableNetCurrent`	$307.20M	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$144.15M	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$104.65M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$26.17M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.86M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.24B	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
Total current assets	`AssetsCurrent`	$1.20B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	54.10M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	54.58M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$105.81M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$102.65M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$173.09M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	54.08M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	54.56M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$50.09M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$57.06M	USD	Point-in-time
Goodwill	`Goodwill`	$166.83M	USD	Point-in-time
Goodwill	`Goodwill`	$167.71M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$69.34M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$69.98M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$20.65M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$16.21M	USD	Point-in-time
Total assets	`Assets`	$1.83B	USD	Point-in-time
Total assets	`Assets`	$1.61B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.44M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$127.94M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$72.79M	USD	Point-in-time
Due to employees	`DueToEmployeesCurrent`	$49.68M	USD	Point-in-time
Due to employees	`DueToEmployeesCurrent`	$86.01M	USD	Point-in-time
Deferred compensation due to employees	`DeferredCompensationShareBasedArrangementsLiabilityCurrent`	$9.67M	USD	Point-in-time
Deferred compensation due to employees	`DeferredCompensationShareBasedArrangementsLiabilityCurrent`	$9.92M	USD	Point-in-time
Taxes payable, current	`TaxesPayableCurrent`	$67.84M	USD	Point-in-time
Taxes payable, current	`TaxesPayableCurrent`	$69.83M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$39.86M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$282.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$262.83M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$25.00M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$25.03M	USD	Point-in-time
Taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$43.68M	USD	Point-in-time
Taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$43.69M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$127.94M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.03M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$17.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$349.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$493.21M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 54,584,243 and 54,099,927 shares issued, 54,564,508 and 54,080,192 shares outstanding at March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	$54.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 54,584,243 and 54,099,927 shares issued, 54,564,508 and 54,080,192 shares outstanding at March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	$54.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$553.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$544.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$759.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$820.29M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$177.00K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$177.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-41.51M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.47M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.34B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.26B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.83B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.61B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$521.33M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$424.15M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$277.63M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$344.69M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$89.64M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$101.79M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$10.20M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$8.18M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$48.70M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$64.66M	USD	1 Quarter
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$-551.00K	USD	1 Quarter
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$3.08M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.48M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-247.00K	USD	1 Quarter
Income before provision for/(benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$47.90M	USD	1 Quarter
Income before provision for/(benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$64.25M	USD	1 Quarter
Provision for/(benefit from) income taxes	`IncomeTaxExpenseBenefit`	$3.50M	USD	1 Quarter
Provision for/(benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-16.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$64.42M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.94M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.31M	USD	1 Quarter
Unrealized gain on cash-flow hedging instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$3.10M	USD	1 Quarter
Unrealized gain on cash-flow hedging instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$69.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$67.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$66.80M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.21	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.15	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.08M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.25M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.24M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$60.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$64.42M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$10.20M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$8.18M	USD	1 Quarter
Operating lease right-of-use assets amortization expense	`NonCashLeaseExpense`	$12.19M	USD	1 Quarter
Operating lease right-of-use assets amortization expense	`NonCashLeaseExpense`	-	USD	1 Quarter
Bad debt recovery	`AllowanceForDoubtfulAccountsReceivableRecoveries`	$133.00K	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$770.56M	USD	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$199.00K	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$762.53M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$846.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-23.29M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$16.60M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$21.86M	USD	1 Quarter
Total restricted cash	`RestrictedCash`	$1.15M	USD	Point-in-time
Total restricted cash	`RestrictedCash`	$1.15M	USD	Point-in-time
Other	`OtherNoncashIncomeExpense`	$-520.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$1.98M	USD	1 Quarter
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$582.86M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$771.71M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$763.68M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.08M	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.82M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.47M	USD	1 Quarter
Unbilled revenues	`IncreaseDecreaseInUnbilledReceivables`	$39.52M	USD	1 Quarter
Unbilled revenues	`IncreaseDecreaseInUnbilledReceivables`	$48.19M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-401.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.62M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.49M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.52M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-31.47M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-51.08M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	-	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-13.18M	USD	1 Quarter
Due to employees	`IncreaseDecreaseInDueToEmployeesCurrent`	$24.30M	USD	1 Quarter
Due to employees	`IncreaseDecreaseInDueToEmployeesCurrent`	$11.66M	USD	1 Quarter
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$3.85M	USD	1 Quarter
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-16.05M	USD	1 Quarter
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-202.00K	USD	1 Quarter
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.33M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.42M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.71M	USD	1 Quarter
Acquisition of businesses, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$50.26M	USD	1 Quarter
Acquisition of businesses, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-811.00K	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$5.14M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.56M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.16M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$11.40M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$7.59M	USD	1 Quarter
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.21M	USD	1 Quarter
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$106.00K	USD	1 Quarter
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$4.00K	USD	1 Quarter
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.47M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.02M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.18M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$548.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.04M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.03M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-45.78M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$582.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$771.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$763.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$582.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$771.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$763.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.08M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	54.08M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	54.56M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$974.95M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.06B	USD	Point-in-time
Stock units withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.99M	USD	1 Quarter
Stock units withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.48M	USD	1 Quarter
Proceeds from stock options exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.65M	USD	1 Quarter
Proceeds from stock options exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.89M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.48M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.43M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.94M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.31M	USD	1 Quarter
Unrealized loss on cash-flow hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.10M	USD	1 Quarter
Unrealized loss on cash-flow hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$69.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$64.42M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	54.08M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	54.56M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$974.95M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.06B	USD	Point-in-time

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