10-Q Filing

UBIQUITI INC. CIK: 1511737 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001511737-19-000006`
Period End Date	20181231
Filing Date	20190208
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	wfx-20181231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 79 Cash Flow Statement 88 Stockholders Equity 46

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$453.00K	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$389.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$823.78M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$666.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$293.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$604.20M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments short-term	`ShortTermInvestments`	-	USD	Point-in-time
Investments short-term	`ShortTermInvestments`	$103.49M	USD	Point-in-time
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
Accounts receivable, net of allowance for doubtful accounts of $389 and $453 at December 31, 2018 and June 30, 2018, respectively	`AccountsReceivableNetCurrent`	$174.52M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $389 and $453 at December 31, 2018 and June 30, 2018, respectively	`AccountsReceivableNetCurrent`	$174.33M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Inventories	`InventoryNet`	$102.22M	USD	Point-in-time
Inventories	`InventoryNet`	$255.78M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	70.60M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	74.07M	shares	Point-in-time
Vendor deposits	`VendorDepositsCurrent`	$24.75M	USD	Point-in-time
Vendor deposits	`VendorDepositsCurrent`	$39.03M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$865.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.00B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$14.33M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.24M	USD	Point-in-time
Deferred tax assets long-term	`DeferredIncomeTaxAssetsNet`	$3.11M	USD	Point-in-time
Deferred tax assets long-term	`DeferredIncomeTaxAssetsNet`	$3.11M	USD	Point-in-time
Investments long-term	`LongTermInvestments`	$42.30M	USD	Point-in-time
Investments long-term	`LongTermInvestments`	-	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$3.79M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$11.75M	USD	Point-in-time
Total assets	`Assets`	$936.31M	USD	Point-in-time
Total assets	`Assets`	$1.02B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$136.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.10M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$6.52M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$5.78M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$24.43M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$24.43M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$64.69M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$68.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$112.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$232.10M	USD	Point-in-time
Income taxes payable long-term	`AccruedIncomeTaxesNoncurrent`	$122.34M	USD	Point-in-time
Income taxes payable long-term	`AccruedIncomeTaxesNoncurrent`	$127.72M	USD	Point-in-time
Debt long-term	`LongTermDebtNoncurrent`	$448.15M	USD	Point-in-time
Debt long-term	`LongTermDebtNoncurrent`	$460.35M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$5.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$810.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$706.83M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock$0.001 par value; 50,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock$0.001 par value; 50,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock$0.001 par value; 500,000,000 shares authorized: 70,599,038 and 74,072,521 outstanding at December 31, 2018 and June 30, 2018, respectively	`CommonStockValue`	$74.00K	USD	Point-in-time
Common stock$0.001 par value; 500,000,000 shares authorized: 70,599,038 and 74,072,521 outstanding at December 31, 2018 and June 30, 2018, respectively	`CommonStockValue`	$71.00K	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$393.00K	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-148.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$315.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$125.41M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$601.76M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$125.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$315.75M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$476.03M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$561.21M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$270.64M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$936.31M	USD	Point-in-time

Income Statement 79 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$496.68M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$307.28M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$250.81M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$590.18M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$288.12M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$167.04M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$318.34M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$153.91M	USD	1 Quarter
Gross profit	`GrossProfit`	$140.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$96.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$271.84M	USD	2 Qtrs
Gross profit	`GrossProfit`	$208.56M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$37.40M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$19.98M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.20M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$20.47M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$18.02M	USD	2 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.35M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.60M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$24.36M	USD	2 Qtrs
Litigation settlement	`LegalFees`	-	USD	2 Qtrs
Litigation settlement	`LegalFees`	$18.00M	USD	2 Qtrs
Litigation settlement	`LegalFees`	$18.00M	USD	1 Quarter
Litigation settlement	`LegalFees`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$48.57M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$30.82M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$80.56M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$55.41M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$91.66M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$66.08M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$191.28M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$153.14M	USD	2 Qtrs
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-3.85M	USD	2 Qtrs
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-5.74M	USD	2 Qtrs
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-3.21M	USD	1 Quarter
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-2.49M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$88.44M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$185.54M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.59M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$149.29M	USD	2 Qtrs
Provisions for income taxes	`IncomeTaxExpenseBenefit`	$115.05M	USD	1 Quarter
Provisions for income taxes	`IncomeTaxExpenseBenefit`	$10.65M	USD	1 Quarter
Provisions for income taxes	`IncomeTaxExpenseBenefit`	$125.82M	USD	2 Qtrs
Provisions for income taxes	`IncomeTaxExpenseBenefit`	$22.04M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$163.50M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$74.92M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$77.80M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$23.47M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$85.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-51.46M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$-0.66	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.26	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.30	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.09	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.09	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.29	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.25	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.66	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.22M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	77.65M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	78.89M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.41M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.65M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	80.49M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.69M	shares	2 Qtrs
Unrealized (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Unrealized (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Unrealized (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-148.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-148.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-146.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$23.47M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$163.35M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-51.46M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$77.79M	USD	1 Quarter

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$163.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.47M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$85.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-51.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.29M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.55M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$129.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$562.00K	USD	2 Qtrs
Premium amortization and (discount accretion), net	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Premium amortization and (discount accretion), net	`AmortizationOfDebtDiscountPremium`	$-356.00K	USD	2 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$3.15M	USD	2 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$936.00K	USD	2 Qtrs
Provision/(recovery) for loss on vendor deposits	`ProvisionforGainLossonVendorDeposit`	$16.19M	USD	2 Qtrs
Provision/(recovery) for loss on vendor deposits	`ProvisionforGainLossonVendorDeposit`	$-431.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.69M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.55M	USD	2 Qtrs
Deferred Taxes	`DeferredIncomeTaxExpenseBenefit`	$2.25M	USD	2 Qtrs
Deferred Taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$142.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-410.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-258.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$18.61M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$154.47M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-39.53M	USD	2 Qtrs
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$11.15M	USD	2 Qtrs
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$-15.36M	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-2.42M	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.36M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.15M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$122.47M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-36.89M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$113.17M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.63M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$6.26M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$1.21M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-14.19M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$27.57M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$144.58M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$165.67M	USD	2 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.20M	USD	2 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.61M	USD	2 Qtrs
Private equity investment	`PaymentsToAcquireEquityMethodInvestments`	$5.00M	USD	2 Qtrs
Private equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$167.82M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$7.60M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$14.72M	USD	2 Qtrs
Proceeds from maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	-	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.20M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-156.11M	USD	2 Qtrs
Proceeds from borrowing under the Amended Credit Facility- Revolver	`ProceedsFromLongTermLinesOfCredit`	$218.50M	USD	2 Qtrs
Proceeds from borrowing under the Amended Credit Facility- Revolver	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Repayment against Credit Facility	`RepaymentofLongTermLinesofCreditPrincipal`	$12.50M	USD	2 Qtrs
Repayment against Credit Facility	`RepaymentofLongTermLinesofCreditPrincipal`	$7.50M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$151.25M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$313.08M	USD	2 Qtrs
Payment of common stock cash dividends	`PaymentsOfDividends`	$36.14M	USD	2 Qtrs
Payment of common stock cash dividends	`PaymentsOfDividends`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$380.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$849.00K	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$479.00K	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$487.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$60.11M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-361.82M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-373.35M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$219.58M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$823.78M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$666.68M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$293.33M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$604.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$823.78M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$666.68M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$293.33M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$604.20M	USD	Point-in-time
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$7.85M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$26.44M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$13.29M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$4.84M	USD	2 Qtrs
Unpaid stock repurchases	`DividendsCash`	$6.00M	USD	2 Qtrs
Unpaid stock repurchases	`DividendsCash`	-	USD	2 Qtrs
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$36.00K	USD	2 Qtrs
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$288.00K	USD	2 Qtrs
Net unsettled investment purchases, sales and maturities	`LiabilitiesAssumed1`	$74.00K	USD	2 Qtrs
Net unsettled investment purchases, sales and maturities	`LiabilitiesAssumed1`	-	USD	2 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	70.60M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	74.07M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$601.76M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$125.34M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$315.75M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$476.03M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$561.21M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$270.64M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$163.50M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$74.92M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$77.80M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$23.47M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$85.70M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-51.46M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-148.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-146.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	36,126.00	shares	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$194.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$186.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$722.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$127.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-351.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-114.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-365.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-136.00K	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$116.76M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$112.76M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$34.49M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$206.31M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$775.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$912.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$780.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$779.00K	USD	1 Quarter
Dividends Paid on Common Stock	`DividendsCommonStockCash`	$17.63M	USD	1 Quarter
Dividends Paid on Common Stock	`DividendsCommonStockCash`	$18.51M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	70.60M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	74.07M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$601.76M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$125.34M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$315.75M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$476.03M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$561.21M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$270.64M	USD	Point-in-time

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