10-Q Filing

MONOLITHIC POWER SYSTEMS INC CIK: 1280452 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-022148`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	mpwr20230630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 60 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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$506.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$288.61M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$433.53M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	47.61M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$449.27M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	47.11M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$169.18M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$182.71M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	47.61M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	47.11M	shares	Point-in-time
Inventories	`InventoryNet`	$447.29M	USD	Point-in-time
Inventories	`InventoryNet`	$427.43M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$42.74M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$95.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.63B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$357.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$341.91M	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`	$35.25M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$35.76M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$249.29M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$204.03M	USD	Point-in-time
Total assets	`Assets`	$2.06B	USD	Point-in-time
Total assets	`Assets`	$2.22B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$61.46M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$70.61M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$88.26M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$66.82M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$113.41M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$113.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$250.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$263.40M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$54.03M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$53.51M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$73.37M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$76.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$381.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$390.28M	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: 47,611 and 47,107, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$1.06B	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 47,611 and 47,107, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$975.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$827.36M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$716.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.78B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.42B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.84B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.06B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.22B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$461.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$892.19M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$441.13M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$838.72M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$193.45M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$190.04M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$348.88M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$385.74M	USD	2 Qtrs
Gross profit	`GrossProfit`	$506.45M	USD	2 Qtrs
Gross profit	`GrossProfit`	$489.84M	USD	2 Qtrs
Gross profit	`GrossProfit`	$270.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$247.68M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$63.69M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$111.23M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$57.13M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$127.40M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$140.59M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$71.94M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$142.46M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$71.66M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$269.85M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$251.82M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$129.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$135.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$236.60M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$238.02M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$112.33M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$141.89M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$6.54M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$11.84M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.09M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.73M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$232.30M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$248.44M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$136.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$118.87M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$19.36M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$39.13M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$38.05M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$22.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$194.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$99.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$209.31M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$114.68M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.17	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.10	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.42	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.46	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.37	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.30	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.02	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.04	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`	47.49M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.36M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.29M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.76M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.27M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.70M	shares	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$194.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$99.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$209.31M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$114.68M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.94M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.69M	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`	$204.00K	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`	$-56.00K	USD	2 Qtrs
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$5.02M	USD	2 Qtrs
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$-7.28M	USD	2 Qtrs
Gain on sales of equity investment	`GainOnSaleOfInvestments`	-	USD	2 Qtrs
Gain on sales of equity investment	`GainOnSaleOfInvestments`	-	USD	1 Quarter
Gain on sales of equity investment	`GainOnSaleOfInvestments`	$1.42M	USD	2 Qtrs
Gain on sales of equity investment	`GainOnSaleOfInvestments`	$1.42M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-1.38M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-984.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$82.73M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$75.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$-13.54M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$20.71M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-19.85M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$100.43M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.88M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-51.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.14M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.65M	USD	2 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-20.61M	USD	2 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$24.53M	USD	2 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-14.80M	USD	2 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.75M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$6.37M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$701.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$308.99M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$212.66M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$38.72M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.68M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireShortTermInvestments`	$211.41M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireShortTermInvestments`	$18.33M	USD	2 Qtrs
Maturities and sales of investments	`ProceedsFromSaleOfShortTermInvestments`	$232.21M	USD	2 Qtrs
Maturities and sales of investments	`ProceedsFromSaleOfShortTermInvestments`	$65.99M	USD	2 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$3.85M	USD	2 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$2.27M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$263.00K	USD	2 Qtrs
Net cash provided by 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`	$1.19M	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`	$1.11M	USD	2 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$3.74M	USD	2 Qtrs
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$2.79M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$65.29M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$85.86M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.37M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-82.20M	USD	2 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.70M	USD	2 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.36M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$218.35M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$153.60M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.73M	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`	$507.08M	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`	$288.73M	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`	$507.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.39M	USD	Point-in-time
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$41.14M	USD	2 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$58.22M	USD	2 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$2.97M	USD	2 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$2.59M	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`	$51.04M	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.00	USD	2 Qtrs
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	2 Qtrs
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter
Balance (in shares)	`CommonStockSharesOutstanding`	47.61M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	47.11M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.78B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.42B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Net income	`NetIncomeLoss`	$194.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$99.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$209.31M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$114.68M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-24.99M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-20.32M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-30.57M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-25.45M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$49.22M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$98.35M	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
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$4.00K	USD	1 Quarter
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`	$3.33M	USD	2 Qtrs
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.11M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.99M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$75.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$82.55M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.91M	USD	1 Quarter
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`	$3.74M	USD	2 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	47.61M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	47.11M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.78B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.42B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$194.25M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$469.00K	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$735.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$99.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$209.31M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$114.68M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$158.00K	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$170.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-23.59M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-23.26M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.18M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-23.76M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $158, $170, $469 and $735, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-6.80M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $158, $170, $469 and $735, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.94M	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $158, $170, $469 and $735, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.40M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $158, $170, $469 and $735, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$728.00K	USD	1 Quarter
Other comprehensive loss, net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-24.99M	USD	1 Quarter
Other comprehensive loss, net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-20.32M	USD	2 Qtrs
Other comprehensive loss, net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-30.57M	USD	2 Qtrs
Other comprehensive loss, net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-25.45M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$188.99M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$74.05M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$89.69M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$163.68M	USD	2 Qtrs

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