10-Q Filing

MONOLITHIC POWER SYSTEMS INC CIK: 1280452 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001437749-22-026581`
Period End Date	20220930
Filing Date	20221109
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	mpwr20220930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 64 Cash Flow Statement 78 Stockholders Equity 48 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$189.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$316.21M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.26M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.94M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$535.82M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$419.84M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.26M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$104.81M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$153.40M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.94M	shares	Point-in-time
Inventories	`InventoryNet`	$397.44M	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`	$36.57M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.12B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.32B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$362.96M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$343.12M	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`	$23.91M	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`	$234.16M	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Total assets	`Assets`	$1.93B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$78.67M	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`	$103.25M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$109.06M	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`	$290.99M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$47.67M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$49.96M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$67.23M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$400.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$341.84M	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: 46,941 and 46,256, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$938.99M	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 46,941 and 46,256, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$803.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$633.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$424.88M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-41.92M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.16B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.09B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$966.59M	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 liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.93B	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`	$495.42M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$871.29M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.33B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$323.52M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$553.39M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$379.71M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$137.21M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$204.52M	USD	1 Quarter
Gross profit	`GrossProfit`	$491.58M	USD	3 Qtrs
Gross profit	`GrossProfit`	$186.31M	USD	1 Quarter
Gross profit	`GrossProfit`	$780.74M	USD	3 Qtrs
Gross profit	`GrossProfit`	$290.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$178.50M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$67.26M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$49.47M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$136.11M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$164.98M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$207.54M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$56.29M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$69.72M	USD	1 Quarter
Litigation expense	`LitigationSettlementExpense`	$6.64M	USD	3 Qtrs
Litigation expense	`LitigationSettlementExpense`	$2.05M	USD	1 Quarter
Litigation expense	`LitigationSettlementExpense`	$4.82M	USD	3 Qtrs
Litigation expense	`LitigationSettlementExpense`	$3.42M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$109.18M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$390.85M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$307.74M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$139.03M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$389.89M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$151.87M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$77.13M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$183.84M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$793.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$6.41M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.72M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.92M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$190.26M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$384.17M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$151.88M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.15M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$20.90M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$65.59M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$27.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$169.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$318.58M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$124.34M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.66	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.83	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.70	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.60	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.55	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.57	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.75M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.64M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.83M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.77M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.85M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.30M	shares	3 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$68.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$169.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$318.58M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$124.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.38M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.35M	USD	3 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.68M	USD	3 Qtrs
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.30M	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`	$-1.10M	USD	1 Quarter
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$-8.61M	USD	3 Qtrs
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$2.64M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.00M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-1.22M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$125.72M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$92.28M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$8.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-97.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$48.61M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$13.03M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$138.24M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$50.97M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$172.05M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$14.05M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$30.03M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.27M	USD	3 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$45.05M	USD	3 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$30.03M	USD	3 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.09M	USD	3 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.73M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$22.11M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$12.48M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$291.80M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$194.47M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$76.85M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$46.00M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$354.17M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$16.24M	USD	3 Qtrs
Purchases of long-term investments	`PaymentsToAcquireLongtermInvestments`	$2.08M	USD	3 Qtrs
Purchases of long-term investments	`PaymentsToAcquireLongtermInvestments`	-	USD	3 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$104.67M	USD	3 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$94.19M	USD	3 Qtrs
Sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$325.00K	USD	3 Qtrs
Sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$400.00K	USD	3 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$1.92M	USD	3 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$2.99M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$793.00K	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$37.67M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-339.14M	USD	3 Qtrs
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$1.59M	USD	3 Qtrs
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$2.05M	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`	$4.34M	USD	3 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$5.88M	USD	3 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$4.67M	USD	3 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$101.56M	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`	$-92.93M	USD	3 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43M	USD	3 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.28M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$126.94M	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`	$316.32M	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.21M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$316.32M	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`	$189.39M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaidNet`	$61.43M	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`	$4.71M	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`	$39.67M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
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`	$0.60	USD	1 Quarter
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.80	USD	3 Qtrs
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.25	USD	3 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	46.26M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	46.94M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquity`	$966.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.42B	USD	Point-in-time
Net income	`NetIncomeLoss`	$68.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$169.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$318.58M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$124.34M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-57.80M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.52M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-27.24M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-639.00K	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$28.96M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$36.62M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$86.91M	USD	3 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$109.82M	USD	3 Qtrs
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.01M	USD	1 Quarter
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$4.34M	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`	$2.38M	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`	$3.09M	USD	1 Quarter
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.88M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$125.55M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.58M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$92.34M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-57.80M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$1.52M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-27.24M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-639.00K	USD	1 Quarter
Balance (in shares)	`CommonStockSharesOutstanding`	46.26M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	46.94M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquity`	$966.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.42B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$177.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$68.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$169.35M	USD	3 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$130.00K	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$865.00K	USD	3 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$32.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$318.58M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$124.34M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-371.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.59M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.08M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-49.84M	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities, net of tax of $130, $32, $865 and $177, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-7.96M	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities, net of tax of $130, $32, $865 and $177, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.07M	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities, net of tax of $130, $32, $865 and $177, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-268.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax of $130, $32, $865 and $177, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.16M	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-57.80M	USD	3 Qtrs
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$1.52M	USD	3 Qtrs
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-27.24M	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-639.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$68.13M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$97.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$260.78M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$170.87M	USD	3 Qtrs

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