10-Q Filing

MONOLITHIC POWER SYSTEMS INC CIK: 1280452 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001437749-22-019150`
Period End Date	20220630
Filing Date	20220805
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	mpwr20220630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 64 Cash Flow Statement 76 Stockholders Equity 46 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`	$189.26M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$342.87M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.26M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$469.01M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$535.82M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.79M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.26M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.79M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$104.81M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$125.51M	USD	Point-in-time
Inventories	`InventoryNet`	$359.65M	USD	Point-in-time
Inventories	`InventoryNet`	$259.42M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$35.54M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$35.05M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.12B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.33B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$356.69M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$362.96M	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`	$23.96M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$21.92M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$69.52M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$66.39M	USD	Point-in-time
Total assets	`Assets`	$1.79B	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$77.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$83.03M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$62.63M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$85.24M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$91.32M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$81.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$226.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$254.49M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$47.35M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$47.67M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$67.23M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$60.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$341.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$362.57M	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: 46,787 and 46,256, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$891.89M	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 46,787 and 46,256, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$803.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$545.92M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$424.88M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.69M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.42B	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`	$1.02B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.79B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$838.72M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$293.32M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$547.77M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$461.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$129.10M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$348.88M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$242.50M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$190.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$164.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$270.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$489.84M	USD	2 Qtrs
Gross profit	`GrossProfit`	$305.27M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$57.13M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$111.23M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$44.75M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$86.64M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$108.69M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$70.67M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$57.24M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$137.82M	USD	2 Qtrs
Litigation expense	`LitigationSettlementExpense`	$2.76M	USD	2 Qtrs
Litigation expense	`LitigationSettlementExpense`	$1.60M	USD	1 Quarter
Litigation expense	`LitigationSettlementExpense`	$1.27M	USD	1 Quarter
Litigation expense	`LitigationSettlementExpense`	$3.22M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$129.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$198.56M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$103.59M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$251.82M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$141.89M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$238.02M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$60.63M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$106.71M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.73M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$3.03M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.09M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$5.62M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$112.33M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.66M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$232.30M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$136.80M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.75M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$22.12M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$38.05M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$114.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$194.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$100.58M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.20	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.20	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.46	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.17	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.37	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.02	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.11	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.16	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.55M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.67M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.65M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.73M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.27M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.29M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.75M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$114.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$194.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$100.58M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.68M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.65M	USD	2 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.23M	USD	1 Quarter
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.11M	USD	1 Quarter
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.58M	USD	2 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.93M	USD	2 Qtrs
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$3.04M	USD	2 Qtrs
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$-7.28M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-1.38M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$60.71M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$82.73M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-5.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-15.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$10.72M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$20.71M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$100.43M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$20.24M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.11M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-51.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.79M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.14M	USD	2 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$9.40M	USD	2 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$24.53M	USD	2 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.64M	USD	2 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.75M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$701.00K	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$11.40M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$212.66M	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`	$38.72M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$16.24M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$255.34M	USD	2 Qtrs
Purchases of long-term investments	`PaymentsToAcquireLongtermInvestments`	-	USD	2 Qtrs
Purchases of long-term investments	`PaymentsToAcquireLongtermInvestments`	$2.08M	USD	2 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$65.79M	USD	2 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$62.79M	USD	2 Qtrs
Sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$300.00K	USD	2 Qtrs
Sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$200.00K	USD	2 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$1.69M	USD	2 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$2.27M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-252.21M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.67M	USD	2 Qtrs
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$1.19M	USD	2 Qtrs
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$1.14M	USD	2 Qtrs
Proceeds from common stock issued under the employee equity incentive plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$3.33M	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`	$2.79M	USD	2 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$2.29M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$52.22M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$65.29M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.37M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-38.15M	USD	2 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.36M	USD	2 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$153.60M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-114.74M	USD	2 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`	$342.99M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.39M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$335.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.99M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.39M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.33M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaidNet`	$9.02M	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	$41.14M	USD	2 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$10.72M	USD	2 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$2.97M	USD	2 Qtrs
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$38.26M	USD	Point-in-time
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$30.56M	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
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`	$0.60	USD	1 Quarter
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	2 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	46.26M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	46.79M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.42B	USD	Point-in-time
Balance	`StockholdersEquity`	$966.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Net income	`NetIncomeLoss`	$114.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$194.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$100.58M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.29M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.16M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-24.99M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-30.57M	USD	2 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$73.20M	USD	2 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$36.60M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$57.95M	USD	2 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$28.99M	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`	$3.33M	USD	2 Qtrs
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$12.92M	USD	2 Qtrs
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.01M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.91M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$82.55M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.14M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.76M	USD	2 Qtrs
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.79M	USD	2 Qtrs
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.29M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.29M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.16M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-24.99M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-30.57M	USD	2 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	46.26M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	46.79M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.42B	USD	Point-in-time
Balance	`StockholdersEquity`	$966.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.02B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$114.68M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$735.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$55.17M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$145.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$194.25M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$21.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.58M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$170.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.96M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-23.59M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-23.76M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.44M	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax of $170, $21, $735 and $145, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-6.80M	USD	2 Qtrs
Change in unrealized loss on available-for-sale securities, net of tax of $170, $21, $735 and $145, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-148.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax of $170, $21, $735 and $145, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.40M	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax of $170, $21, $735 and $145, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-802.00K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.29M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.16M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-24.99M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-30.57M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$102.74M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$163.68M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$89.69M	USD	1 Quarter

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