10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001352010-23-000044`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	epam-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 58 Cash Flow Statement 90 Stockholders Equity 48 Comprehensive Income 24

Balance Sheet 78 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`	$1.78B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.68B	USD	Point-in-time
Trade receivables and contract assets allowance	`TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent`	$14.74M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $14,744 and $15,310, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$932.63M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $14,744 and $15,310, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$917.54M	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`	$71.38M	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
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$85.32M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$106.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.76B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.97M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.87B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.67M	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
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.95M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$255.77M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$148.78M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$145.84M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$68.13M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.65M	USD	Point-in-time
Goodwill	`Goodwill`	$529.07M	USD	Point-in-time
Goodwill	`Goodwill`	$534.49M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$172.80M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$164.47M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$47.88M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$53.02M	USD	Point-in-time
Total assets	`Assets`	$4.01B	USD	Point-in-time
Total assets	`Assets`	$4.09B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.29M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$359.30M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$475.87M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$127.71M	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`	$30.77M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$39.00M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$40.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$747.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$584.07M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$27.69M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$25.85M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$115.99M	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`	$104.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.01B	USD	Point-in-time
Total liabilities	`Liabilities`	$830.36M	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; 57,968 and 57,668 shares issued, 57,955 and 57,655 shares outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$58.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000 shares authorized; 57,968 and 57,668 shares issued, 57,955 and 57,655 shares outstanding at June 30, 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`	$913.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$2.25B	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$2.42B	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`	$-72.08M	USD	Point-in-time
Total EPAM Systems Inc. stockholders equity	`StockholdersEquity`	$3.00B	USD	Point-in-time
Total EPAM Systems Inc. stockholders equity	`StockholdersEquity`	$3.26B	USD	Point-in-time
Noncontrolling interest in consolidated subsidiaries	`MinorityInterest`	$579.00K	USD	Point-in-time
Noncontrolling interest in consolidated subsidiaries	`MinorityInterest`	$1.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.09B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.01B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.19B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.38B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.37B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.17B	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$846.32M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$1.66B	USD	2 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$1.63B	USD	2 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$808.72M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$232.53M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$194.38M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$406.26M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$469.80M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$47.25M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$22.99M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$45.55M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$22.77M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$144.35M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$93.02M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$264.72M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$222.26M	USD	2 Qtrs
Interest and other income, net	`NonoperatingGainsLosses`	$1.58M	USD	1 Quarter
Interest and other income, net	`NonoperatingGainsLosses`	$1.41M	USD	2 Qtrs
Interest and other income, net	`NonoperatingGainsLosses`	$23.23M	USD	2 Qtrs
Interest and other income, net	`NonoperatingGainsLosses`	$11.71M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-85.94M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-108.73M	USD	2 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-6.01M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-10.62M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$114.95M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$277.33M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$150.05M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.66M	USD	1 Quarter
Provision for/(benefit from) income taxes	`IncomeTaxExpenseBenefit`	$6.63M	USD	2 Qtrs
Provision for/(benefit from) income taxes	`IncomeTaxExpenseBenefit`	$55.01M	USD	2 Qtrs
Provision for/(benefit from) income taxes	`IncomeTaxExpenseBenefit`	$30.01M	USD	1 Quarter
Provision for/(benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-9.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$108.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$222.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.07	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.90	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$3.84	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.84	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.03	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$3.75	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.24M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.08M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.85M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.98M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.02M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.18M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.24M	shares	2 Qtrs

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.78B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.68B	USD	Point-in-time
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$108.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$430.00K	USD	Point-in-time
Net income	`NetIncomeLoss`	$222.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$307.00K	USD	Point-in-time
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$47.25M	USD	2 Qtrs
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.86M	USD	Point-in-time
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.55M	USD	Point-in-time
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$45.55M	USD	2 Qtrs
Total restricted cash	`RestrictedCashAndCashEquivalents`	$2.29M	USD	Point-in-time
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$20.63M	USD	2 Qtrs
Total restricted cash	`RestrictedCashAndCashEquivalents`	$1.86M	USD	Point-in-time
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$26.04M	USD	2 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
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
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.03M	USD	2 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.30B	USD	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$11.75M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-29.41M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$4.60M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$35.01M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$71.69M	USD	2 Qtrs
Unrealized (gain)/loss on derivative instruments	`GainLossOnOilAndGasHedgingActivity`	$7.90M	USD	2 Qtrs
Unrealized (gain)/loss on derivative instruments	`GainLossOnOilAndGasHedgingActivity`	$-32.01M	USD	2 Qtrs
Impairment charges	`AssetImpairmentCharges`	$659.00K	USD	2 Qtrs
Impairment charges	`AssetImpairmentCharges`	$21.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$447.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-75.43M	USD	2 Qtrs
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$183.14M	USD	2 Qtrs
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$-11.98M	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.98M	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.35M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.78M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$725.00K	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-128.50M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-62.15M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-29.02M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-23.25M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-53.75M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-24.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.67M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$176.39M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.80M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$41.43M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$10.87M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$60.00M	USD	2 Qtrs
Acquisition of business, net of cash acquired (Note 3)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of business, net of cash acquired (Note 3)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.62M	USD	2 Qtrs
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	2 Qtrs
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.91M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.94M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$11.04M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-123.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.51M	USD	2 Qtrs
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$25.63M	USD	2 Qtrs
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$22.16M	USD	2 Qtrs
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$20.80M	USD	2 Qtrs
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.69M	USD	2 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$173.00K	USD	2 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$3.23M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$10.76M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.96M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$49.95M	USD	2 Qtrs
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$207.00K	USD	2 Qtrs
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$8.68M	USD	2 Qtrs
Purchase of subsidiary shares from noncontrolling interest	`PaymentsToMinorityShareholders`	$1.97M	USD	2 Qtrs
Purchase of subsidiary shares from noncontrolling interest	`PaymentsToMinorityShareholders`	$2.15M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-377.00K	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.12M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-62.83M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.63M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.10M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-45.66M	USD	2 Qtrs
Net increase/(decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-153.72M	USD	2 Qtrs
Net increase/(decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$95.14M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	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`	$1.30B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	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`	$1.30B	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	57.66M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	57.95M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.14M	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.84M	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$20.50M	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.38M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.27M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.90M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.45M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	241,000.00	shares	2 Qtrs
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`	$2.52M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.60M	USD	1 Quarter
Issuance of common stock from employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$18.47M	USD	1 Quarter
Issuance of common stock from employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$12.38M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$41.44M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$8.51M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.15M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.94M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.88M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.36M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$23.24M	USD	2 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`	$1.45M	USD	1 Quarter
Contributions to consolidated subsidiary from noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$506.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$108.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$222.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.66M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.95M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$108.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$222.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-15.72M	USD	2 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$7.39M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$20.62M	USD	2 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$14.83M	USD	1 Quarter
Change in unrealized (loss)/gain on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.04M	USD	1 Quarter
Change in unrealized (loss)/gain on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.52M	USD	1 Quarter
Change in unrealized (loss)/gain on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-6.43M	USD	2 Qtrs
Change in unrealized (loss)/gain on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.61M	USD	2 Qtrs
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.15M	USD	2 Qtrs
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.94M	USD	1 Quarter
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.88M	USD	1 Quarter
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.36M	USD	1 Quarter
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$23.24M	USD	2 Qtrs
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$125.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$86.17M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$245.56M	USD	2 Qtrs

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