10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001352010-22-000057`
Period End Date	20220930
Filing Date	20221104
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	epam-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 60 Cash Flow Statement 92 Stockholders Equity 60 Comprehensive Income 32

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45B	USD	Point-in-time
Trade receivables and contract assets allowance	`TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent`	$5.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.49B	USD	Point-in-time
Trade receivables and contract assets allowance	`TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent`	$18.67M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $18,666 and $5,521, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$768.93M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $18,666 and $5,521, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$917.14M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$60.22M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	-	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$63.03M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$53.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.53B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	56.87M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.27B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.52M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.85M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$236.21M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$209.70M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.50M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$184.84M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$148.22M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$79.22M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$101.14M	USD	Point-in-time
Goodwill	`Goodwill`	$530.72M	USD	Point-in-time
Goodwill	`Goodwill`	$505.54M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$143.93M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$214.22M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$56.90M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$50.72M	USD	Point-in-time
Total assets	`Assets`	$3.74B	USD	Point-in-time
Total assets	`Assets`	$3.52B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.29M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$456.96M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$503.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$161.92M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$142.01M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$7.79M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$16.02M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$27.44M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$34.39M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$50.10M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$38.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$727.96M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$763.42M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$28.20M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$30.23M	USD	Point-in-time
Income taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$57.38M	USD	Point-in-time
Income taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$42.45M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$142.80M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$122.70M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$48.48M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$40.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$976.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.03B	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; 57,516 and 56,868 shares issued, 57,502 and 56,849 shares outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$57.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000 shares authorized; 57,516 and 56,868 shares issued, 57,502 and 56,849 shares outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$57.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$711.91M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$801.95M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$2.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$1.83B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$118.00K	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`	$-138.63M	USD	Point-in-time
Total EPAM Systems Inc. stockholders equity	`StockholdersEquity`	$2.49B	USD	Point-in-time
Total EPAM Systems Inc. stockholders equity	`StockholdersEquity`	$2.76B	USD	Point-in-time
Noncontrolling interest in consolidated subsidiaries	`MinorityInterest`	$1.48M	USD	Point-in-time
Noncontrolling interest in consolidated subsidiaries	`MinorityInterest`	$8.72M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.76B	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 stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.21B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.06B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.74B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.52B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.23B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$988.54M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.59B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.65B	USD	3 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$826.80M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$2.45B	USD	3 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$1.76B	USD	3 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$653.37M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$457.80M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$667.83M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$169.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$198.02M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$21.54M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$21.88M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$59.80M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$69.13M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$402.49M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$376.65M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$180.23M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$144.12M	USD	1 Quarter
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$5.64M	USD	3 Qtrs
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$4.23M	USD	1 Quarter
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$-5.33M	USD	1 Quarter
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$2.63M	USD	3 Qtrs
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.83M	USD	3 Qtrs
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-102.03M	USD	3 Qtrs
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$6.69M	USD	1 Quarter
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.44M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$135.36M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$306.10M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$191.15M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$373.44M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$35.09M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$34.07M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$41.72M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$115.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.38M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$339.37M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.05M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.04	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$6.01	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$2.72	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$4.62	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$5.75	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.63	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$4.47	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.95	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.43M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.65M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.42M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.19M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.20M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.11M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.00M	shares	3 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.49B	USD	Point-in-time
Net income	`NetIncomeLoss`	$115.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.38M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$339.37M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$201.00K	USD	Point-in-time
Net income	`NetIncomeLoss`	$114.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.05M	USD	1 Quarter
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$495.00K	USD	Point-in-time
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.85M	USD	Point-in-time
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.23M	USD	Point-in-time
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$59.80M	USD	3 Qtrs
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$69.13M	USD	3 Qtrs
Total restricted cash	`RestrictedCashAndCashEquivalents`	$2.72M	USD	Point-in-time
Total restricted cash	`RestrictedCashAndCashEquivalents`	$2.05M	USD	Point-in-time
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$46.69M	USD	3 Qtrs
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$37.34M	USD	3 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	USD	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$12.89M	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.57M	USD	3 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-6.95M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-54.85M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$68.29M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$77.64M	USD	3 Qtrs
Unrealized loss on derivative	`GainLossOnOilAndGasHedgingActivity`	$-20.47M	USD	3 Qtrs
Unrealized loss on derivative	`GainLossOnOilAndGasHedgingActivity`	-	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$21.21M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-63.91M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-4.31M	USD	3 Qtrs
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$232.71M	USD	3 Qtrs
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$196.68M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.77M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.79M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.77M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.47M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-7.10M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$86.82M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-41.40M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-48.16M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$19.46M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-26.45M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$287.71M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$278.04M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$54.88M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$60.13M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$60.00M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	3 Qtrs
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$60.00M	USD	3 Qtrs
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	3 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.53M	USD	3 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$160.96M	USD	3 Qtrs
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.62M	USD	3 Qtrs
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$2.54M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$100.00K	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$19.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-158.49M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-151.79M	USD	3 Qtrs
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$31.37M	USD	3 Qtrs
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$20.18M	USD	3 Qtrs
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.10M	USD	3 Qtrs
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$34.11M	USD	3 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$4.11M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	3 Qtrs
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$11.54M	USD	3 Qtrs
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$797.00K	USD	3 Qtrs
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.63M	USD	3 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$2.25M	USD	3 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$231.00K	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.02M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.07M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.50M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.69M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-75.88M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$102.03M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$40.30M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43B	USD	Point-in-time
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`	$1.45B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43B	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`	$1.45B	USD	Point-in-time

Stockholders Equity 60 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`	57.50M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.76B	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
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.21B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.06B	USD	Point-in-time
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$837.00K	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.63M	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.37M	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$31.93M	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.38M	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.84M	USD	1 Quarter
Stock issued in connection with other2021 acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$2.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.62M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.90M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.54M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.79M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	445,000.00	shares	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.22M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.22M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.42M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.88M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.41M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.45M	USD	1 Quarter
Issuance of common stock from employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$12.38M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.24M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-62.27M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.83M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-84.42M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.68M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.94M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-16.39M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.79M	USD	1 Quarter
Purchase of subsidiary shares from noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$7.07M	USD	1 Quarter
Purchase of subsidiary shares from noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$197.00K	USD	1 Quarter
Contributions from noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$73.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$115.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.38M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$339.37M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.05M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	56.85M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.50M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.76B	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
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.21B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.06B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$115.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.38M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$339.37M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.05M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-56.92M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.65M	USD	3 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-72.64M	USD	3 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.76M	USD	1 Quarter
Change in unrealized loss on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-2.07M	USD	1 Quarter
Change in unrealized loss on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-11.78M	USD	3 Qtrs
Change in unrealized loss on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.35M	USD	1 Quarter
Change in unrealized loss on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-4.11M	USD	3 Qtrs
Defined benefit pension plans - actuarial loss, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$626.00K	USD	3 Qtrs
Defined benefit pension plans - actuarial loss, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	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`	-	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.24M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-62.27M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.83M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-84.42M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.68M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.94M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-16.39M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$322.98M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$93.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$179.95M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$102.83M	USD	1 Quarter

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