10-K Filing

EPAM SYSTEMS, INC. CIK: 1352010 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001352010-24-000008`
Period End Date	20231231
Filing Date	20240222
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	epam-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 45 Cash Flow Statement 147 Stockholders Equity 38 Comprehensive Income 18

Balance Sheet 79 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45B	USD	Point-in-time
Trade receivables and contract assets, allowance	`TradeReceivablesandContractAssetsAllowanceforCreditLossCurrent`	$11.86M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $11,864 and $15,310, respectively	`TradeReceivablesandContractAssetsafterAllowanceforCreditLossCurrent`	$897.03M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $11,864 and $15,310, respectively	`TradeReceivablesandContractAssetsafterAllowanceforCreditLossCurrent`	$932.63M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$60.74M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$60.34M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$97.36M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.67M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.09B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.79M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.76B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$236.21M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$235.05M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.66M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.79M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$273.35M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$134.90M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$148.78M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$71.12M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.65M	USD	Point-in-time
Goodwill	`Goodwill`	$529.07M	USD	Point-in-time
Goodwill	`Goodwill`	$530.72M	USD	Point-in-time
Goodwill	`Goodwill`	$562.46M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$197.90M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$172.80M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$59.58M	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`	$4.35B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.99M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$412.75M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$475.87M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$124.82M	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`	$38.81M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$40.35M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$36.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$747.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$644.93M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$27.69M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$26.13M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$109.26M	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`	$100.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.01B	USD	Point-in-time
Total liabilities	`Liabilities`	$880.89M	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 160,000 authorized; 57,787 and 57,668 shares issued, 57,787 and 57,655 shares outstanding at December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$58.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000 authorized; 57,787 and 57,668 shares issued, 57,787 and 57,655 shares outstanding at December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$58.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.01B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$847.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$2.50B	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$2.25B	USD	Point-in-time
Treasury stock	`TreasuryStockCommonValue`	-	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`	$-39.04M	USD	Point-in-time
Total EPAM Systems Inc. stockholders equity	`StockholdersEquity`	$3.47B	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`	$3.47B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.01B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.35B	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.69B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.76B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.82B	USD	Annual
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$3.29B	USD	Annual
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$3.26B	USD	Annual
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$2.48B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$648.74M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$815.07M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$872.78M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$83.39M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$92.27M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$91.80M	USD	Annual
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Loss on sale of business	`GainLossOnSaleOfBusiness`	$-25.92M	USD	Annual
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Income from operations	`OperatingIncomeLoss`	$572.97M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$501.24M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$542.32M	USD	Annual
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$51.12M	USD	Annual
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$10.03M	USD	Annual
Interest and other income/(loss), net	`NonoperatingGainsLosses`	$-1.73M	USD	Annual
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-75.73M	USD	Annual
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-7.20M	USD	Annual
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-15.78M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$533.39M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$507.26M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$536.59M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$87.84M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$51.74M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$119.50M	USD	Annual
Net income	`NetIncomeLoss`	$417.08M	USD	Annual
Net income	`NetIncomeLoss`	$481.65M	USD	Annual
Net income	`NetIncomeLoss`	$419.42M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$8.52	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.32	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.21	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.06	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$8.15	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.09	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.29M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.51M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.83M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.06M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.17M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.09M	shares	Annual

Cash Flow Statement 147 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$417.08M	USD	Annual
Net income	`NetIncomeLoss`	$481.65M	USD	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.68B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45B	USD	Point-in-time
Net income	`NetIncomeLoss`	$419.42M	USD	Annual
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.29M	USD	Point-in-time
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$495.00K	USD	Point-in-time
Restricted cash in Prepaid and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$430.00K	USD	Point-in-time
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.86M	USD	Point-in-time
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.23M	USD	Point-in-time
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$83.40M	USD	Annual
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$92.27M	USD	Annual
Depreciation and amortization expense	`OtherDepreciationAndAmortization`	$91.80M	USD	Annual
Restricted cash in Other noncurrent assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.58M	USD	Point-in-time
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$40.90M	USD	Annual
Total restricted cash	`RestrictedCashAndCashEquivalents`	$2.29M	USD	Point-in-time
Total restricted cash	`RestrictedCashAndCashEquivalents`	$2.72M	USD	Point-in-time
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$47.78M	USD	Annual
Operating lease right-of-use assets amortization expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$61.75M	USD	Annual
Total restricted cash	`RestrictedCashAndCashEquivalents`	$6.87M	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`	$2.04B	USD	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$4.05M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$12.39M	USD	Annual
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.49M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-42.16M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-37.19M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-46.90M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$99.91M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$111.66M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$147.73M	USD	Annual
Unrealized (gain)/ loss on derivative instruments	`GainLossOnOilAndGasHedgingActivity`	$-7.90M	USD	Annual
Unrealized (gain)/ loss on derivative instruments	`GainLossOnOilAndGasHedgingActivity`	-	USD	Annual
Unrealized (gain)/ loss on derivative instruments	`GainLossOnOilAndGasHedgingActivity`	$7.90M	USD	Annual
Impairment charges	`AssetImpairmentCharges`	$23.62M	USD	Annual
Impairment charges	`AssetImpairmentCharges`	$144.00K	USD	Annual
Impairment charges	`AssetImpairmentCharges`	$6.02M	USD	Annual
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Loss on sale of business	`GainLossOnSaleOfBusiness`	$-25.92M	USD	Annual
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Other	`OtherNoncashIncomeExpense`	$599.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-32.81M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-12.99M	USD	Annual
Trade receivables and contract assets	`IncreaseDecreaseInTradeReceivablesAndContractAssets`	$192.71M	USD	Annual
Trade receivables and contract assets	`IncreaseDecreaseInTradeReceivablesAndContractAssets`	$-32.36M	USD	Annual
Trade receivables and contract assets	`IncreaseDecreaseInTradeReceivablesAndContractAssets`	$211.68M	USD	Annual
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.41M	USD	Annual
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.14M	USD	Annual
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$16.18M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.93M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.40M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$154.00K	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$155.66M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-84.61M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$26.02M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-48.09M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-63.81M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-51.67M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-33.39M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$3.57M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$3.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$464.10M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$572.33M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$562.63M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$111.50M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$81.63M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.41M	USD	Annual
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$60.00M	USD	Annual
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$11.17M	USD	Annual
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	Annual
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$10.87M	USD	Annual
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$60.00M	USD	Annual
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	Annual
Acquisition of businesses, net of cash acquired (Note 3)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$314.96M	USD	Annual
Acquisition of businesses, net of cash acquired (Note 3)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$24.82M	USD	Annual
Acquisition of businesses, net of cash acquired (Note 3)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.64M	USD	Annual
Cash sold as part of sale of business, net of proceeds	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$-2.17M	USD	Annual
Cash sold as part of sale of business, net of proceeds	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	Annual
Cash sold as part of sale of business, net of proceeds	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	Annual
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.62M	USD	Annual
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$3.30M	USD	Annual
Purchases of non-marketable securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$2.54M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-79.00K	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.77M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$29.03M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-182.93M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.77M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-368.92M	USD	Annual
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$26.29M	USD	Annual
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$50.66M	USD	Annual
Proceeds from issuance of stock under the employee incentive programs	`ProceedsFromStockOptionsExercised`	$51.64M	USD	Annual
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$26.56M	USD	Annual
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$41.60M	USD	Annual
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$29.10M	USD	Annual
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$31.11M	USD	Annual
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$825.00K	USD	Annual
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.76M	USD	Annual
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$15.54M	USD	Annual
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.97M	USD	Annual
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$31.05M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$164.92M	USD	Annual
Payment of contingent consideration for previously acquired businesses	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.63M	USD	Annual
Payment of contingent consideration for previously acquired businesses	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$10.23M	USD	Annual
Payment of contingent consideration for previously acquired businesses	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$40.23M	USD	Annual
Purchase of subsidiary shares from noncontrolling interest	`PaymentsToMinorityShareholders`	$1.97M	USD	Annual
Purchase of subsidiary shares from noncontrolling interest	`PaymentsToMinorityShareholders`	$1.75M	USD	Annual
Purchase of subsidiary shares from noncontrolling interest	`PaymentsToMinorityShareholders`	$2.25M	USD	Annual
Payment of deferred consideration for asset acquisitions	`PaymentForContingentConsiderationLiabilityAssetAcquisitionFinancingActivities`	-	USD	Annual
Payment of deferred consideration for asset acquisitions	`PaymentForContingentConsiderationLiabilityAssetAcquisitionFinancingActivities`	$4.98M	USD	Annual
Payment of deferred consideration for asset acquisitions	`PaymentForContingentConsiderationLiabilityAssetAcquisitionFinancingActivities`	-	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.32M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.05M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.47M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-59.56M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-165.77M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.02M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.38M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-44.87M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-18.03M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$359.47M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$125.81M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$234.29M	USD	Annual
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`	$2.04B	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`	$1.32B	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`	$2.04B	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`	$1.32B	USD	Point-in-time
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$177.43M	USD	Annual
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$87.32M	USD	Annual
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$113.19M	USD	Annual
Interest	`InterestPaidNet`	$1.66M	USD	Annual
Interest	`InterestPaidNet`	$4.70M	USD	Annual
Interest	`InterestPaidNet`	$413.00K	USD	Annual
Acquisition-date fair value of contingent consideration issued for acquisition of businesses	`BusinessCombinationContingentConsiderationLiability`	$57.25M	USD	Point-in-time
Acquisition-date fair value of contingent consideration issued for acquisition of businesses	`BusinessCombinationContingentConsiderationLiability`	$14.85M	USD	Point-in-time
Acquisition-date fair value of contingent consideration issued for acquisition of businesses	`BusinessCombinationContingentConsiderationLiability`	$2.65M	USD	Point-in-time
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$57.11M	USD	Annual
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$7.74M	USD	Annual
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$23.99M	USD	Annual

Stockholders Equity 38 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`	57.79M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.47B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$29.30M	USD	Annual
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.65M	USD	Annual
Equity withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$45.07M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$135.50M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$107.51M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$69.90M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$21.85M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$26.31M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$15.51M	USD	Annual
Noncontrolling interests acquired in business combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$10.47M	USD	Annual
Purchase of subsidiary shares from noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$7.27M	USD	Annual
Purchase of subsidiary shares from noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$1.75M	USD	Annual
Purchase of subsidiary shares from noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$1.45M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$56.28M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.70M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-41.11M	USD	Annual
Net income	`ProfitLoss`	$419.42M	USD	Annual
Net income	`ProfitLoss`	$481.65M	USD	Annual
Net income	`ProfitLoss`	$417.08M	USD	Annual
Stock issued in connection with Other 2021 acquisitions (Note 3)	`StockIssuedDuringPeriodValueAcquisitions`	$2.00M	USD	Annual
Stock issued in connection with Other 2021 acquisitions (Note 3)	`StockIssuedDuringPeriodValueAcquisitions`	$3.00M	USD	Annual
Issuance of common stock from employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$36.26M	USD	Annual
Issuance of common stock from employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$28.35M	USD	Annual
Contributions to consolidated subsidiary from noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$73.00K	USD	Annual
Contributions to consolidated subsidiary from noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$506.00K	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$164.92M	USD	Annual
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.66M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	57.79M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.47B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$417.08M	USD	Annual
Net income	`NetIncomeLoss`	$481.65M	USD	Annual
Net income	`NetIncomeLoss`	$419.42M	USD	Annual
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-24.58M	USD	Annual
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-49.03M	USD	Annual
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$58.18M	USD	Annual
Change in unrealized (loss)/gain on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$11.72M	USD	Annual
Change in unrealized (loss)/gain on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-487.00K	USD	Annual
Change in unrealized (loss)/gain on hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-7.06M	USD	Annual
Defined benefit pension plans - actuarial (loss)/gain, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.41M	USD	Annual
Defined benefit pension plans - actuarial (loss)/gain, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.80M	USD	Annual
Defined benefit pension plans - actuarial (loss)/gain, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.94M	USD	Annual
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$56.28M	USD	Annual
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.70M	USD	Annual
Other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-41.11M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$452.96M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$378.30M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$473.36M	USD	Annual

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