10-Q Filing

MONOLITHIC POWER SYSTEMS INC CIK: 1280452 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001437749-21-019111`
Period End Date	20210630
Filing Date	20210809
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	mpwr20210630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 64 Cash Flow Statement 74 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$334.94M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$220.21M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.92M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.27M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$450.08M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$260.17M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$66.84M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	45.27M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	45.92M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$77.55M	USD	Point-in-time
Inventories	`InventoryNet`	$157.06M	USD	Point-in-time
Inventories	`InventoryNet`	$177.32M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$22.98M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$842.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$950.08M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$332.09M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$281.53M	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`	$18.56M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$17.70M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$66.55M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$59.84M	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Total assets	`Assets`	$1.37B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.17M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$45.84M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$55.28M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$62.96M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$68.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$146.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$182.73M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$37.06M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$38.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$64.41M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$57.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$241.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$285.64M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 45,917 and 45,267, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$657.70M	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 45,917 and 45,267, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$733.67M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$341.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$298.75M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.14M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$12.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$813.19M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$848.95M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$966.59M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.09B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$773.49M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.37B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$293.32M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$351.99M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$547.77M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$186.21M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$83.62M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$129.10M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$157.95M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$242.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$102.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$194.04M	USD	2 Qtrs
Gross profit	`GrossProfit`	$305.27M	USD	2 Qtrs
Gross profit	`GrossProfit`	$164.22M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$31.67M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$86.64M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$57.63M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$44.75M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$108.69M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$73.05M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$57.24M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$40.88M	USD	1 Quarter
Litigation expense	`LitigationExpenseBenefitNet`	$1.60M	USD	1 Quarter
Litigation expense	`LitigationExpenseBenefitNet`	$2.08M	USD	1 Quarter
Litigation expense	`LitigationExpenseBenefitNet`	$4.42M	USD	2 Qtrs
Litigation expense	`LitigationExpenseBenefitNet`	$3.22M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$103.59M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$198.56M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$135.10M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$74.64M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$27.95M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$60.63M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$58.94M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$106.71M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$5.62M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$3.49M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$3.03M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$5.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.66M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$112.33M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$62.43M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.16M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$8.49M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$11.75M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$2.99M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-3.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$55.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.58M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$65.92M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.20	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.20	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.16	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.41	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.11	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.64	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.65M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.62M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.78M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.75M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.73M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.83M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.75M	shares	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$55.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.58M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$65.92M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.65M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.83M	USD	2 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.11M	USD	1 Quarter
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.12M	USD	2 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.93M	USD	2 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-627.00K	USD	1 Quarter
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$3.04M	USD	2 Qtrs
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$-178.00K	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.00M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$3.40M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$39.61M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$60.71M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-5.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-3.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$2.43M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$10.72M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$20.24M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$24.58M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.11M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.79M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$15.49M	USD	2 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$6.77M	USD	2 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$9.40M	USD	2 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-61.00K	USD	2 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.64M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$6.50M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$11.40M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$110.75M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$174.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.27M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.54M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$255.34M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$189.64M	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`	$62.79M	USD	2 Qtrs
Proceeds from sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$125.00K	USD	2 Qtrs
Proceeds from sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$300.00K	USD	2 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$1.69M	USD	2 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$775.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-252.21M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-96.12M	USD	2 Qtrs
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$1.14M	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`	$12.92M	USD	2 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$2.29M	USD	2 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$1.89M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$42.27M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$52.22M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-38.15M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.33M	USD	2 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61M	USD	2 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-777.00K	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.48M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-114.74M	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`	$220.33M	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`	$335.07M	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`	$220.33M	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`	$335.07M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaidNet`	$9.02M	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	$633.00K	USD	2 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$10.72M	USD	2 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$7.26M	USD	2 Qtrs
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$25.04M	USD	Point-in-time
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$30.56M	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`	$0.60	USD	1 Quarter
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`	$1.20	USD	2 Qtrs
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	2 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	45.27M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	45.92M	shares	Point-in-time
Balance	`StockholdersEquity`	$813.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$848.95M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Balance	`StockholdersEquity`	$966.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquity`	$773.49M	USD	Point-in-time
Net income	`NetIncomeLoss`	$55.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.58M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$65.92M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$5.29M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.39M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$5.93M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$2.16M	USD	2 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$28.99M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$47.51M	USD	2 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$23.77M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$57.95M	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`	$2.35M	USD	1 Quarter
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.18M	USD	1 Quarter
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$12.92M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$39.65M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.14M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.08M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.76M	USD	2 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	45.27M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	45.92M	shares	Point-in-time
Balance	`StockholdersEquity`	$813.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$848.95M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Balance	`StockholdersEquity`	$966.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquity`	$773.49M	USD	Point-in-time
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.29M	USD	2 Qtrs
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.89M	USD	2 Qtrs

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$351.00K	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-145.00K	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$406.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.58M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-21.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$65.92M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.96M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.02M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.44M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.86M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $21, $(406), $145 and $(351), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-802.00K	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $21, $(406), $145 and $(351), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.26M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $21, $(406), $145 and $(351), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-148.00K	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $21, $(406), $145 and $(351), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$4.91M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.29M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.39M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.93M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.16M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$36.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$67.31M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$102.74M	USD	2 Qtrs

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