10-Q Filing

MONOLITHIC POWER SYSTEMS INC CIK: 1280452 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001437749-20-016315`
Period End Date	20200630
Filing Date	20200803
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	mpwr20200630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 64 Cash Flow Statement 78 Stockholders Equity 42 Comprehensive Income 24

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$172.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$156.48M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$355.84M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	43.62M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$282.44M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.91M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$55.14M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$52.70M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	43.62M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.91M	shares	Point-in-time
Inventories	`InventoryNet`	$127.50M	USD	Point-in-time
Inventories	`InventoryNet`	$152.12M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.61M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.29M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$655.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$748.86M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$251.98M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$228.31M	USD	Point-in-time
Long-term investments	`AuctionRateSecuritiesNoncurrent`	$3.03M	USD	Point-in-time
Long-term investments	`AuctionRateSecuritiesNoncurrent`	$3.14M	USD	Point-in-time
Goodwill	`Goodwill`	$6.57M	USD	Point-in-time
Goodwill	`Goodwill`	$6.57M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$13.43M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$17.19M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$45.95M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$47.28M	USD	Point-in-time
Total assets	`Assets`	$956.38M	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$45.17M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.16M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$32.78M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$44.79M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$58.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$98.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$136.78M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$35.62M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$37.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$49.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$47.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$182.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$222.21M	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 44,911 and 43,616, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$549.52M	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 44,911 and 43,616, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$605.16M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$247.86M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$229.45M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.48M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.08M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$680.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$813.19M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$704.15M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$640.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$848.95M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$773.49M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$956.38M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$151.01M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$186.21M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$292.37M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$351.99M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$157.95M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$67.78M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$83.62M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$131.14M	USD	2 Qtrs
Gross profit	`GrossProfit`	$102.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$194.04M	USD	2 Qtrs
Gross profit	`GrossProfit`	$83.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$161.23M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$27.55M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$53.00M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$31.67M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$57.63M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$73.05M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$40.88M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$65.61M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$35.06M	USD	1 Quarter
Litigation expense	`LitigationExpenseBenefitNet`	$2.08M	USD	1 Quarter
Litigation expense	`LitigationExpenseBenefitNet`	$4.42M	USD	2 Qtrs
Litigation expense	`LitigationExpenseBenefitNet`	$781.00K	USD	2 Qtrs
Litigation expense	`LitigationExpenseBenefitNet`	$503.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$63.11M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$74.64M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$135.10M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$119.39M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$20.12M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$27.95M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$41.84M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$58.94M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$5.20M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$3.49M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$5.57M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$2.23M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$62.43M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.41M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.35M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-3.50M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.66M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$531.00K	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$2.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$65.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.17M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.09	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.41	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.03	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.64	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.11M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.78M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.62M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	42.93M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.83M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.75M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.48M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.36M	shares	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$46.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$65.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.99M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.83M	USD	2 Qtrs
Loss on disposal and sale of property and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.00K	USD	2 Qtrs
Loss on disposal and sale of property and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-15.00K	USD	2 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-95.00K	USD	1 Quarter
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-627.00K	USD	1 Quarter
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-216.00K	USD	2 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.12M	USD	2 Qtrs
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$-178.00K	USD	2 Qtrs
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$2.56M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$3.40M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-20.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$38.72M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$39.61M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$176.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$2.43M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$24.58M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$7.21M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$42.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$15.49M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.15M	USD	2 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$6.77M	USD	2 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$4.12M	USD	2 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-61.00K	USD	2 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-6.63M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$423.00K	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$6.50M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$110.75M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$82.89M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$77.64M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.54M	USD	2 Qtrs
Acquisition of in-place leases	`PaymentsToAcquireInPlaceLeases`	-	USD	2 Qtrs
Acquisition of in-place leases	`PaymentsToAcquireInPlaceLeases`	$981.00K	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$189.64M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$21.55M	USD	2 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$118.70M	USD	2 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$58.00M	USD	2 Qtrs
Proceeds from sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$75.00K	USD	2 Qtrs
Proceeds from sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$125.00K	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.46M	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00K	USD	2 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$775.00K	USD	2 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$1.44M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-96.12M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.07M	USD	2 Qtrs
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$3.00K	USD	2 Qtrs
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$4.06M	USD	2 Qtrs
Proceeds from common stock issued under the employee equity incentive plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$14.11M	USD	2 Qtrs
Proceeds from common stock issued under the employee equity incentive plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$12.47M	USD	2 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$1.89M	USD	2 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$1.63M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$42.27M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$30.78M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.33M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.69M	USD	2 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$175.00K	USD	2 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-777.00K	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.31M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.48M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$156.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$197.13M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$156.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$197.13M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaidNet`	$633.00K	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	$7.17M	USD	2 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$3.03M	USD	2 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$7.26M	USD	2 Qtrs
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$19.75M	USD	Point-in-time
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$25.04M	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.40	USD	1 Quarter
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	2 Qtrs
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.80	USD	2 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	43.62M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	44.91M	shares	Point-in-time
Balance	`StockholdersEquity`	$680.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$813.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$704.15M	USD	Point-in-time
Balance	`StockholdersEquity`	$640.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$848.95M	USD	Point-in-time
Balance	`StockholdersEquity`	$773.49M	USD	Point-in-time
Net income	`NetIncomeLoss`	$46.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$65.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.17M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.39M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.41M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.93M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.10M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$23.77M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$37.07M	USD	2 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$47.51M	USD	2 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$18.54M	USD	1 Quarter
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$12.47M	USD	2 Qtrs
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$14.11M	USD	2 Qtrs
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.09M	USD	1 Quarter
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.35M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$39.65M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.08M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.76M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$38.75M	USD	2 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	43.62M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	44.91M	shares	Point-in-time
Balance	`StockholdersEquity`	$680.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$813.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$704.15M	USD	Point-in-time
Balance	`StockholdersEquity`	$640.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$848.95M	USD	Point-in-time
Balance	`StockholdersEquity`	$773.49M	USD	Point-in-time
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.89M	USD	2 Qtrs
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.63M	USD	2 Qtrs

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$46.87M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-162.00K	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-64.00K	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-351.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$65.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.17M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-406.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.02M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.86M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.71M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-32.00K	USD	2 Qtrs
Change in unrealized gain on available-for-sale securities, net of tax of $(406), $(64), $(351) and $(162), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.26M	USD	2 Qtrs
Change in unrealized gain on available-for-sale securities, net of tax of $(406), $(64), $(351) and $(162), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.44M	USD	2 Qtrs
Change in unrealized gain on available-for-sale securities, net of tax of $(406), $(64), $(351) and $(162), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$4.91M	USD	1 Quarter
Change in unrealized gain on available-for-sale securities, net of tax of $(406), $(64), $(351) and $(162), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$611.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.39M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.41M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.93M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$36.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$67.31M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$48.28M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.59M	USD	1 Quarter

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