10-Q Filing

MONOLITHIC POWER SYSTEMS INC CIK: 1280452 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001437749-21-025711`
Period End Date	20210930
Filing Date	20211108
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	mpwr20210930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 64 Cash Flow Statement 76 Stockholders Equity 44 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$226.09M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.27M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$515.95M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.09M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$260.17M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.09M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$66.84M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$79.86M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	45.27M	shares	Point-in-time
Inventories	`InventoryNet`	$208.06M	USD	Point-in-time
Inventories	`InventoryNet`	$157.06M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$22.98M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.06B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$842.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$281.53M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$340.06M	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`	$17.73M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$67.05M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$59.84M	USD	Point-in-time
Total assets	`Assets`	$1.50B	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$72.09M	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`	$75.81M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$62.96M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$79.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$227.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$146.97M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$41.02M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$37.06M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$57.87M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$64.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$241.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$333.19M	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: 46,091 and 45,267, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$769.86M	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 46,091 and 45,267, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$657.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$298.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$381.19M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.14M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.66M	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 stockholders equity	`StockholdersEquity`	$1.16B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$848.95M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$966.59M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$914.57M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.50B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$259.42M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$323.52M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$871.29M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$611.41M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$379.71M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$274.33M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$116.38M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$137.21M	USD	1 Quarter
Gross profit	`GrossProfit`	$186.31M	USD	1 Quarter
Gross profit	`GrossProfit`	$143.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$337.08M	USD	3 Qtrs
Gross profit	`GrossProfit`	$491.58M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$49.47M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$136.11M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$37.72M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$95.35M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$116.55M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$164.98M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$56.29M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$43.50M	USD	1 Quarter
Litigation expense	`LitigationExpenseBenefitNet`	$1.84M	USD	1 Quarter
Litigation expense	`LitigationExpenseBenefitNet`	$6.64M	USD	3 Qtrs
Litigation expense	`LitigationExpenseBenefitNet`	$6.26M	USD	3 Qtrs
Litigation expense	`LitigationExpenseBenefitNet`	$3.42M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$218.16M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$83.06M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$109.18M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$307.74M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$118.92M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$59.98M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$77.13M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$183.84M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$6.41M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$5.98M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$793.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$2.49M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$124.90M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.92M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$62.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$190.26M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$9.15M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.41M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$20.90M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$6.91M	USD	1 Quarter
Net income	`NetIncomeLoss`	$169.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$121.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$55.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.77M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.24	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.70	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.72	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.55	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.59	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.75M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.74M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.97M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.85M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.82M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.77M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.95M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$169.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$121.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$55.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.79M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.38M	USD	3 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.98M	USD	3 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-863.00K	USD	1 Quarter
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.23M	USD	3 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.30M	USD	1 Quarter
Gain on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$2.64M	USD	3 Qtrs
Gain on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$1.42M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$3.40M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$92.28M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$62.58M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-15.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$8.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$40.83M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$13.03M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$50.97M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$20.53M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.38M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$14.05M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$30.03M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$19.81M	USD	3 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$30.03M	USD	3 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$21.78M	USD	3 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.80M	USD	3 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.09M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$22.11M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$14.27M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$188.16M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$291.80M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$76.85M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.13M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$354.17M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$270.80M	USD	3 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$94.19M	USD	3 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$182.35M	USD	3 Qtrs
Proceeds from sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$400.00K	USD	3 Qtrs
Proceeds from sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$250.00K	USD	3 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$1.92M	USD	3 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$1.12M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$793.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-133.44M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-339.14M	USD	3 Qtrs
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$2.05M	USD	3 Qtrs
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$4.44M	USD	3 Qtrs
Proceeds from common stock issued under the employee equity incentive plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$15.15M	USD	3 Qtrs
Proceeds from common stock issued under the employee equity incentive plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$16.46M	USD	3 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$4.67M	USD	3 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$3.82M	USD	3 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$65.48M	USD	3 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$80.72M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-62.96M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-49.64M	USD	3 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43M	USD	3 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.51M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-108.86M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$335.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.21M	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`	$179.59M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$335.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.21M	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`	$179.59M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaidNet`	$1.04M	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	$16.22M	USD	3 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$7.14M	USD	3 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$9.36M	USD	3 Qtrs
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$31.91M	USD	Point-in-time
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$26.43M	USD	Point-in-time

Stockholders Equity 44 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`	$0.60	USD	1 Quarter
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	3 Qtrs
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.80	USD	3 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	46.09M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	45.27M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquity`	$773.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Balance	`StockholdersEquity`	$848.95M	USD	Point-in-time
Balance	`StockholdersEquity`	$966.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$914.57M	USD	Point-in-time
Net income	`NetIncomeLoss`	$169.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$121.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$55.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.77M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$6.57M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$7.96M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$1.52M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-639.00K	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$28.96M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$86.91M	USD	3 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$71.28M	USD	3 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$23.78M	USD	1 Quarter
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`	$16.46M	USD	3 Qtrs
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$15.15M	USD	3 Qtrs
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.23M	USD	1 Quarter
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.67M	USD	3 Qtrs
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.38M	USD	1 Quarter
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.82M	USD	3 Qtrs
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.93M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.99M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.64M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.58M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$92.34M	USD	3 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	46.09M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	45.27M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquity`	$773.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Balance	`StockholdersEquity`	$848.95M	USD	Point-in-time
Balance	`StockholdersEquity`	$966.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$914.57M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$169.35M	USD	3 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-177.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$121.49M	USD	3 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-30.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.57M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-32.00K	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$321.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$68.77M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.59M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-371.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.07M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.94M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $32, $30, $177 and $(321), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-368.00K	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $32, $30, $177 and $(321), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-268.00K	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $32, $30, $177 and $(321), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.07M	USD	3 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $32, $30, $177 and $(321), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.89M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.57M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.96M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.52M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-639.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$170.87M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$129.45M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$68.13M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$62.13M	USD	1 Quarter

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