10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001352010-23-000051`
Period End Date	20230930
Filing Date	20231103
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	epam-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 64 Cash Flow Statement 100 Stockholders Equity 66 Comprehensive Income 28

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.87B	USD	Point-in-time
Trade receivables and contract assets allowance	`TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent`	$10.88M	USD	Point-in-time
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, net of allowance of $10,884 and $15,310, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$932.63M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $10,884 and $15,310, respectively	`TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent`	$913.03M	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`	$60.43M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$60.34M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$78.85M	USD	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.76B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.71M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.93B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.67M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$239.65M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$273.35M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.66M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.69M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$136.31M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$148.78M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$69.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.65M	USD	Point-in-time
Goodwill	`Goodwill`	$548.18M	USD	Point-in-time
Goodwill	`Goodwill`	$529.07M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$172.80M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$187.52M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$47.88M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$55.59M	USD	Point-in-time
Total assets	`Assets`	$4.01B	USD	Point-in-time
Total assets	`Assets`	$4.16B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.41M	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`	$392.42M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$127.90M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$154.34M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$29.55M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$46.07M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$38.29M	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`	$613.58M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$27.69M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$27.50M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$108.33M	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`	$112.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$862.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.01B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 160,000 shares authorized; 57,706 and 57,668 shares issued, 57,693 and 57,655 shares outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$58.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000 shares authorized; 57,706 and 57,668 shares issued, 57,693 and 57,655 shares outstanding at September 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`	$951.09M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$2.44B	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$2.25B	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`	$-91.63M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-95.32M	USD	Point-in-time
Total EPAM Systems, Inc. stockholders equity	`StockholdersEquity`	$3.30B	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`	$579.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.30B	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`	$2.76B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.16B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.01B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.15B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.59B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.23B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.53B	USD	3 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$2.45B	USD	3 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$2.46B	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`	$794.26M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$601.09M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$667.83M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$194.83M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$198.02M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$68.64M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$23.09M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$21.88M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$69.13M	USD	3 Qtrs
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Loss on sale of business	`GainLossOnSaleOfBusiness`	$-25.92M	USD	1 Quarter
Loss on sale of business	`GainLossOnSaleOfBusiness`	$-25.92M	USD	3 Qtrs
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$180.23M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$114.03M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$402.49M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$378.75M	USD	3 Qtrs
Interest and other income, net	`NonoperatingGainsLosses`	$37.16M	USD	3 Qtrs
Interest and other income, net	`NonoperatingGainsLosses`	$5.64M	USD	3 Qtrs
Interest and other income, net	`NonoperatingGainsLosses`	$13.93M	USD	1 Quarter
Interest and other income, net	`NonoperatingGainsLosses`	$4.23M	USD	1 Quarter
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.89M	USD	1 Quarter
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$6.69M	USD	1 Quarter
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-102.03M	USD	3 Qtrs
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-6.72M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$131.85M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$409.18M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$191.15M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$306.10M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$89.65M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$34.65M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$35.09M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$41.72M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$97.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.38M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.53M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$4.62	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$5.52	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.68	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.72	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.65	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$5.40	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$4.47	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.63	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.19M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.42M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.85M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.85M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.11M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.14M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.36M	shares	1 Quarter

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.87B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.68B	USD	Point-in-time
Net income	`NetIncomeLoss`	$97.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.38M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.53M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.44M	USD	Point-in-time
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$430.00K	USD	Point-in-time
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$68.64M	USD	3 Qtrs
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.36M	USD	Point-in-time
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.86M	USD	Point-in-time
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$69.13M	USD	3 Qtrs
Total restricted cash	`RestrictedCashAndCashEquivalents`	$2.29M	USD	Point-in-time
Total restricted cash	`RestrictedCashAndCashEquivalents`	$6.80M	USD	Point-in-time
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$30.84M	USD	3 Qtrs
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$37.34M	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.74M	USD	3 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.88B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.68B	USD	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$12.89M	USD	3 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-54.85M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-11.76M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$109.54M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$68.29M	USD	3 Qtrs
Unrealized (gain)/loss on derivative instruments	`GainLossOnOilAndGasHedgingActivity`	$7.90M	USD	3 Qtrs
Unrealized (gain)/loss on derivative instruments	`GainLossOnOilAndGasHedgingActivity`	$-20.47M	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$688.00K	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$21.21M	USD	3 Qtrs
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Loss on sale of business	`GainLossOnSaleOfBusiness`	$-25.92M	USD	1 Quarter
Loss on sale of business	`GainLossOnSaleOfBusiness`	$-25.92M	USD	3 Qtrs
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.11M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-63.91M	USD	3 Qtrs
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$-6.14M	USD	3 Qtrs
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$196.68M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.79M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-13.21M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.77M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$837.00K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-95.57M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-7.10M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-34.31M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-41.40M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-38.38M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$19.46M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$391.26M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$278.04M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$60.13M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.42M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$10.87M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$60.00M	USD	3 Qtrs
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	3 Qtrs
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$10.87M	USD	3 Qtrs
Acquisition of business, net of cash acquired (Note 3)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.00M	USD	3 Qtrs
Acquisition of business, net of cash acquired (Note 3)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.53M	USD	3 Qtrs
Cash sold as part of sale of business, net of proceeds	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	3 Qtrs
Cash sold as part of sale of business, net of proceeds	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$-2.17M	USD	3 Qtrs
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.62M	USD	3 Qtrs
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$3.28M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$8.20M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$19.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-151.79M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.07M	USD	3 Qtrs
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$28.61M	USD	3 Qtrs
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$31.37M	USD	3 Qtrs
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.20M	USD	3 Qtrs
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.10M	USD	3 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$4.11M	USD	3 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$764.00K	USD	3 Qtrs
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.61M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$11.54M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$128.43M	USD	3 Qtrs
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.63M	USD	3 Qtrs
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$8.68M	USD	3 Qtrs
Purchase of subsidiary shares from noncontrolling interest	`PaymentsToMinorityShareholders`	$1.97M	USD	3 Qtrs
Purchase of subsidiary shares from noncontrolling interest	`PaymentsToMinorityShareholders`	$2.25M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.02M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.90M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.07M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-143.42M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-75.88M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.63M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$40.30M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$196.15M	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`	$1.88B	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`	$1.45B	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`	$1.88B	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`	$1.45B	USD	Point-in-time

Stockholders Equity 66 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`	57.69M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.30B	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`	$2.76B	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
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$426.00K	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$837.00K	USD	1 Quarter
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.14M	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
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.84M	USD	1 Quarter
Stock issued in connection with Other 2021 acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$2.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.27M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.45M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.95M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.90M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	292,000.00	shares	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.52M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.60M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.41M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.98M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.88M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.22M	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`	$78.49M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$8.51M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$41.44M	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
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
Contributions to consolidated subsidiary from noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$73.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.88M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-62.27M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.79M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.69M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-19.55M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.94M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-84.42M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$97.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.38M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.53M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.66M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.69M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.62B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.30B	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`	$2.76B	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

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$97.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.38M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$102.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.53M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$89.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$14.82M	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`	$-5.80M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-56.92M	USD	1 Quarter
Change in unrealized loss on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-11.13M	USD	3 Qtrs
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`	$-13.74M	USD	1 Quarter
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.88M	USD	1 Quarter
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-62.27M	USD	1 Quarter
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.79M	USD	1 Quarter
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.69M	USD	3 Qtrs
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-19.55M	USD	1 Quarter
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.94M	USD	1 Quarter
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-84.42M	USD	3 Qtrs
Other comprehensive (loss)/income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.36M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$323.22M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.66M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$179.95M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$93.78M	USD	1 Quarter

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