10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001352010-23-000027`
Period End Date	20230331
Filing Date	20230505
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	epam-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 28 Cash Flow Statement 84 Stockholders Equity 25 Comprehensive Income 10

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Trade receivables and contract assets allowance	`TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent`	$15.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.68B	USD	Point-in-time
Trade receivables and contract assets allowance	`TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent`	$14.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.75B	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $14,184 and $15,310, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$934.24M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $14,184 and $15,310, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$932.63M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$60.34M	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
Short-term investments	`ShortTermInvestments`	$60.37M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$85.32M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$86.76M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.67M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.86M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.76B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.83B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.85M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.66M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$273.35M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$267.07M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$146.81M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$148.78M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$73.11M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.65M	USD	Point-in-time
Goodwill	`Goodwill`	$529.07M	USD	Point-in-time
Goodwill	`Goodwill`	$533.73M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$172.80M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$167.65M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$52.18M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$47.88M	USD	Point-in-time
Total assets	`Assets`	$4.01B	USD	Point-in-time
Total assets	`Assets`	$4.07B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.86M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.85M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$475.87M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$444.73M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$130.90M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$154.34M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$46.07M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$37.44M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$40.35M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$40.93M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$682.86M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$747.48M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$27.69M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$28.25M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$117.91M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$122.32M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$108.65M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$111.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$940.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.01B	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; 57,862 and 57,668 shares issued, 57,848 and 57,655 shares outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$58.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000 shares authorized; 57,862 and 57,668 shares issued, 57,848 and 57,655 shares outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$58.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$847.97M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$864.25M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$2.25B	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$2.34B	USD	Point-in-time
Treasury stock	`TreasuryStockCommonValue`	$118.00K	USD	Point-in-time
Treasury stock	`TreasuryStockCommonValue`	$118.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-95.32M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-77.96M	USD	Point-in-time
Total EPAM Systems Inc. stockholders equity	`StockholdersEquity`	$3.13B	USD	Point-in-time
Total EPAM Systems Inc. stockholders equity	`StockholdersEquity`	$3.00B	USD	Point-in-time
Noncontrolling interest in consolidated subsidiaries	`MinorityInterest`	$1.48M	USD	Point-in-time
Noncontrolling interest in consolidated subsidiaries	`MinorityInterest`	$1.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.07B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.01B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.17B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.21B	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$855.90M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$780.84M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$237.28M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$211.89M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$22.78M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$24.26M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$120.37M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$129.24M	USD	1 Quarter
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$11.52M	USD	1 Quarter
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$-165.00K	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-22.79M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-4.61M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$106.29M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$127.28M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$24.99M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$16.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.77	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.58	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.73	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.52	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.70M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.91M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.94M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.68B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.75B	USD	Point-in-time
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$430.00K	USD	Point-in-time
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$406.00K	USD	Point-in-time
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$24.26M	USD	1 Quarter
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.86M	USD	Point-in-time
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$22.78M	USD	1 Quarter
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.18M	USD	Point-in-time
Total restricted cash	`RestrictedCashAndCashEquivalents`	$2.58M	USD	Point-in-time
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$14.79M	USD	1 Quarter
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$10.04M	USD	1 Quarter
Total restricted cash	`RestrictedCashAndCashEquivalents`	$2.29M	USD	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$8.68M	USD	1 Quarter
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$182.00K	USD	1 Quarter
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.68B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-10.83M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$823.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$38.58M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$7.11M	USD	1 Quarter
Unrealized (gain)/loss on derivative	`GainLossOnOilAndGasHedgingActivity`	$-41.37M	USD	1 Quarter
Unrealized (gain)/loss on derivative	`GainLossOnOilAndGasHedgingActivity`	$7.90M	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$88.00K	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$20.40M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-3.36M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$3.27M	USD	1 Quarter
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$3.57M	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`	$105.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.49M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.63M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-58.46M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-74.93M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-14.17M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-10.67M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-4.96M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-2.67M	USD	1 Quarter
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$87.33M	USD	1 Quarter
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-51.85M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.27M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.91M	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`	$1.91M	USD	1 Quarter
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$3.08M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.90M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.72M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.56M	USD	1 Quarter
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$2.49M	USD	1 Quarter
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$3.40M	USD	1 Quarter
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.15M	USD	1 Quarter
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.88M	USD	1 Quarter
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$172.00K	USD	1 Quarter
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.93M	USD	1 Quarter
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$6.84M	USD	1 Quarter
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.41M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$8.51M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$207.00K	USD	1 Quarter
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$4.68M	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`	$-1.86M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-226.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.60M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-15.32M	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`	$14.07M	USD	1 Quarter
Net increase/(decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-141.42M	USD	1 Quarter
Net increase/(decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$68.37M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.68B	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.68B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	57.85M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	57.66M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.38M	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$20.50M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.27M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.70M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	72,000.00	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.88M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.52M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$8.51M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.36M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.94M	USD	1 Quarter
Purchase of subsidiary shares from noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$7.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.85M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.66M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$102.29M	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`	$13.23M	USD	1 Quarter
Change in unrealized gain/(loss) on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$4.13M	USD	1 Quarter
Change in unrealized gain/(loss) on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.39M	USD	1 Quarter
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.36M	USD	1 Quarter
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.94M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$119.65M	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.