10-Q Filing

MONOLITHIC POWER SYSTEMS INC CIK: 1280452 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-030929`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	mpwr20230930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 60 Cash Flow Statement 76 Stockholders Equity 44 Comprehensive Income 24

Balance Sheet 59 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`	$421.18M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	47.91M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$621.12M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	47.11M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$449.27M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	47.91M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$182.71M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$185.82M	USD	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`	$397.29M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$109.97M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$42.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.74B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$357.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$358.23M	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`	$23.68M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$35.25M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$249.29M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$204.24M	USD	Point-in-time
Total assets	`Assets`	$2.33B	USD	Point-in-time
Total assets	`Assets`	$2.06B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$64.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$61.46M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$64.63M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$88.26M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$113.68M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$120.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$263.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$250.02M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$55.81M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$53.51M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$77.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$73.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$383.23M	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: 47,911 and 47,107, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$1.09B	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 47,911 and 47,107, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$975.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$899.40M	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`	$-47.10M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.67B	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`	$1.94B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.33B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.06B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$495.42M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.33B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.37B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$474.87M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$204.52M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$553.39M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$211.33M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$597.06M	USD	3 Qtrs
Gross profit	`GrossProfit`	$770.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$780.74M	USD	3 Qtrs
Gross profit	`GrossProfit`	$263.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$290.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$64.79M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$67.26M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$192.18M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$178.50M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$212.35M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$63.19M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$205.65M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$71.77M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$390.85M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$397.83M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$139.03M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$127.97M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$389.89M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$372.17M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$151.87M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$135.57M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$2.29M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.72M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$14.13M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$137.85M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$151.88M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$384.17M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$386.30M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$65.59M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$27.54M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$16.69M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$55.83M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$121.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$124.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$330.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$318.58M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.83	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.66	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.54	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.96	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.60	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.57	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.48	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.78	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.83M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.50M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.64M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.78M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.79M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.73M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.30M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.35M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$121.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$124.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$330.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$318.58M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.35M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$29.94M	USD	3 Qtrs
Amortization of premium (discount) on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.59M	USD	3 Qtrs
Amortization of premium (discount) on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.68M	USD	3 Qtrs
Amortization of premium (discount) on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.10M	USD	1 Quarter
Amortization of premium (discount) on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.65M	USD	1 Quarter
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$3.41M	USD	3 Qtrs
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$-8.61M	USD	3 Qtrs
Gain on sales of equity investment	`GainOnSaleOfInvestments`	-	USD	1 Quarter
Gain on sales of equity investment	`GainOnSaleOfInvestments`	-	USD	1 Quarter
Gain on sales of equity investment	`GainOnSaleOfInvestments`	-	USD	3 Qtrs
Gain on sales of equity investment	`GainOnSaleOfInvestments`	$1.42M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$10.93M	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`	$108.60M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-97.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$23.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$3.10M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$48.61M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$138.24M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-49.99M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$172.05M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$21.42M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.27M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.92M	USD	3 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-22.36M	USD	3 Qtrs
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$45.05M	USD	3 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.73M	USD	3 Qtrs
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-12.80M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$12.48M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$14.18M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$484.90M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$194.47M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$46.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.77M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireShortTermInvestments`	$18.33M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireShortTermInvestments`	$492.64M	USD	3 Qtrs
Maturities and sales of investments	`ProceedsFromSaleOfShortTermInvestments`	$104.99M	USD	3 Qtrs
Maturities and sales of investments	`ProceedsFromSaleOfShortTermInvestments`	$328.18M	USD	3 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$2.99M	USD	3 Qtrs
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$4.47M	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`	$-212.69M	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`	$2.73M	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 equity incentive plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$1.12M	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`	$7.57M	USD	3 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$135.26M	USD	3 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$101.56M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-92.93M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-129.31M	USD	3 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.28M	USD	3 Qtrs
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.32M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$126.94M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$132.57M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.30M	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`	$316.32M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.73M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.30M	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`	$316.32M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.73M	USD	Point-in-time
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$73.68M	USD	3 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$61.43M	USD	3 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$4.71M	USD	3 Qtrs
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$2.89M	USD	3 Qtrs
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$39.67M	USD	Point-in-time
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$52.51M	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`	$3.00	USD	3 Qtrs
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`	$1.00	USD	1 Quarter
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.25	USD	3 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	47.91M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	47.11M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.42B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.94B	USD	Point-in-time
Net income	`NetIncomeLoss`	$121.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$124.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$330.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$318.58M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-57.80M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.71M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-24.03M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-27.24M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$36.62M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$49.12M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$109.82M	USD	3 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$147.47M	USD	3 Qtrs
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`	$4.00K	USD	1 Quarter
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.12M	USD	3 Qtrs
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.01M	USD	1 Quarter
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$7.57M	USD	3 Qtrs
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.88M	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`	$3.83M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$108.61M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$125.55M	USD	3 Qtrs
Balance (in shares)	`CommonStockSharesOutstanding`	47.91M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	47.11M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.42B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.94B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$121.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$124.34M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-625.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$330.47M	USD	3 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-156.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$318.58M	USD	3 Qtrs
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`	$130.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.08M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-49.84M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.84M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.10M	USD	3 Qtrs
Change in unrealized gains and losses on available-for-sale securities, net of tax of $(156), $130, $(625) and $865, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.13M	USD	1 Quarter
Change in unrealized gains and losses on available-for-sale securities, net of tax of $(156), $130, $(625) and $865, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-7.96M	USD	3 Qtrs
Change in unrealized gains and losses on available-for-sale securities, net of tax of $(156), $130, $(625) and $865, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.16M	USD	1 Quarter
Change in unrealized gains and losses on available-for-sale securities, net of tax of $(156), $130, $(625) and $865, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$4.07M	USD	3 Qtrs
Other comprehensive loss, net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-57.80M	USD	3 Qtrs
Other comprehensive loss, net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-3.71M	USD	1 Quarter
Other comprehensive loss, net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-24.03M	USD	3 Qtrs
Other comprehensive loss, net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-27.24M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$306.44M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$97.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$260.78M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$117.46M	USD	1 Quarter

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