10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001352010-22-000036`
Period End Date	20220331
Filing Date	20220510
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	epam-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 28 Cash Flow Statement 80 Stockholders Equity 21 Comprehensive Income 12

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Trade receivables and contract assets allowance	`TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent`	$14.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.28B	USD	Point-in-time
Trade receivables and contract assets allowance	`TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent`	$5.52M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $14,229 and $5,521, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$901.26M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $14,229 and $5,521, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$768.93M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$89.03M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$53.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.27B	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`	$2.27B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	56.87M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$236.21M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.15M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$219.64M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.85M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$175.51M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$184.84M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.13M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$97.57M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$101.14M	USD	Point-in-time
Goodwill	`Goodwill`	$530.72M	USD	Point-in-time
Goodwill	`Goodwill`	$534.14M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$143.93M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$161.30M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$52.66M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$56.90M	USD	Point-in-time
Total assets	`Assets`	$3.52B	USD	Point-in-time
Total assets	`Assets`	$3.51B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.41M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$408.79M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$503.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$142.01M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$177.87M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$16.02M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$9.90M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$27.44M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$20.26M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$50.10M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$47.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$763.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$683.25M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$30.55M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$30.23M	USD	Point-in-time
Income taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$42.45M	USD	Point-in-time
Income taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$44.10M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$140.81M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$142.80M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$55.09M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$48.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$953.81M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 160,000 shares authorized; 57,153 and 56,868 shares issued, 57,133 and 56,849 shares outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$57.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000 shares authorized; 57,153 and 56,868 shares issued, 57,133 and 56,849 shares outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$57.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$719.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$711.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$1.92B	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$1.83B	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`	$-54.21M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-86.15M	USD	Point-in-time
Total EPAM Systems Inc. stockholders equity	`StockholdersEquity`	$2.55B	USD	Point-in-time
Total EPAM Systems Inc. stockholders equity	`StockholdersEquity`	$2.49B	USD	Point-in-time
Noncontrolling interest in consolidated subsidiaries	`MinorityInterest`	$1.65M	USD	Point-in-time
Noncontrolling interest in consolidated subsidiaries	`MinorityInterest`	$8.72M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.06B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.51B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.52B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.17B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$780.77M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$780.84M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$519.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$136.39M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$237.28M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$24.26M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$17.81M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$107.25M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$129.24M	USD	1 Quarter
Interest and other (loss)/income, net	`NonoperatingGainsLosses`	$-165.00K	USD	1 Quarter
Interest and other (loss)/income, net	`NonoperatingGainsLosses`	$5.37M	USD	1 Quarter
Foreign exchange (loss)/gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.30M	USD	1 Quarter
Foreign exchange (loss)/gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-22.79M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$106.29M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$114.92M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.88M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$16.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.05M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.94	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.58	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.52	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.86	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.17M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.91M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.78M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.94M	shares	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.05M	USD	1 Quarter
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$17.81M	USD	1 Quarter
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$24.26M	USD	1 Quarter
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$15.68M	USD	1 Quarter
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$14.79M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$8.68M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.92M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$6.69M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-10.83M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.28B	USD	Point-in-time
Stock-based compensation expense	`ShareBasedCompensation`	$24.55M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$7.11M	USD	1 Quarter
Unrealized loss on derivative	`GainLossOnOilAndGasHedgingActivity`	$-41.37M	USD	1 Quarter
Unrealized loss on derivative	`GainLossOnOilAndGasHedgingActivity`	-	USD	1 Quarter
Total restricted cash	`RestrictedCashAndCashEquivalents`	$31.46M	USD	Point-in-time
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Total restricted cash	`RestrictedCashAndCashEquivalents`	$2.72M	USD	Point-in-time
Impairment charges	`AssetImpairmentCharges`	$20.40M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$4.93M	USD	1 Quarter
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.37B	USD	Point-in-time
Other	`OtherNoncashIncomeExpense`	$-3.36M	USD	1 Quarter
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$89.39M	USD	1 Quarter
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$144.78M	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.52M	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.58M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.17M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.63M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-15.83M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-74.93M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-16.07M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-14.17M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-2.67M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-25.91M	USD	1 Quarter
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-51.85M	USD	1 Quarter
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.83M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.27M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.19M	USD	1 Quarter
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$60.00M	USD	1 Quarter
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$8.21M	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	1 Quarter
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.04M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-691.00K	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$3.08M	USD	1 Quarter
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$48.46M	USD	1 Quarter
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.56M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.40M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$4.37M	USD	1 Quarter
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.88M	USD	1 Quarter
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.30M	USD	1 Quarter
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.93M	USD	1 Quarter
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	1 Quarter
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$6.84M	USD	1 Quarter
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$207.00K	USD	1 Quarter
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$2.15M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$260.00K	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.86M	USD	1 Quarter
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.60M	USD	1 Quarter
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.33M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-45.41M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.86M	USD	1 Quarter
Net (decrease)/increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$50.76M	USD	1 Quarter
Net (decrease)/increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-141.42M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.37B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.37B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	56.85M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	57.13M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.06B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.62M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.70M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.42M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.88M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-31.94M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-15.24M	USD	1 Quarter
Purchase of noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$7.07M	USD	1 Quarter
Net income	`ProfitLoss`	$109.05M	USD	1 Quarter
Net income	`ProfitLoss`	$89.72M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	56.85M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.13M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.06B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.05M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-30.55M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.53M	USD	1 Quarter
Change in unrealized loss on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-4.08M	USD	1 Quarter
Change in unrealized loss on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.39M	USD	1 Quarter
Defined benefit pension plans - actuarial loss, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Defined benefit pension plans - actuarial loss, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$626.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.24M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.94M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$93.81M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$57.78M	USD	1 Quarter

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