10-Q Filing

UBIQUITI INC. CIK: 1511737 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001511737-21-000006`
Period End Date	20201231
Filing Date	20210205
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	ubnt-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 76 Cash Flow Statement 91 Stockholders Equity 49

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$49.00K	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$203.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$189.11M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$142.62M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments short-term	`ShortTermInvestments`	$508.00K	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments short-term	`ShortTermInvestments`	$925.00K	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 $49 and $203 at December 31, 2020 and June 30, 2020, respectively	`AccountsReceivableNetCurrent`	$163.70M	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 $49 and $203 at December 31, 2020 and June 30, 2020, respectively	`AccountsReceivableNetCurrent`	$142.16M	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`	$285.94M	USD	Point-in-time
Inventories	`InventoryNet`	$233.08M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	63.69M	shares	Point-in-time
Vendor deposits	`VendorDepositsCurrent`	$5.93M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	62.80M	shares	Point-in-time
Vendor deposits	`VendorDepositsCurrent`	$6.72M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$49.00K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$34.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.03M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$610.23M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$586.65M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$79.11M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$78.52M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$24.44M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$38.77M	USD	Point-in-time
Deferred tax assets long-term	`DeferredIncomeTaxAssetsNet`	$4.10M	USD	Point-in-time
Deferred tax assets long-term	`DeferredIncomeTaxAssetsNet`	$3.73M	USD	Point-in-time
Investments long-term	`LongTermInvestments`	-	USD	Point-in-time
Investments long-term	`LongTermInvestments`	$513.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$49.30M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$43.22M	USD	Point-in-time
Total assets	`Assets`	$781.15M	USD	Point-in-time
Total assets	`Assets`	$737.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$155.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$86.67M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$30.96M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$13.13M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$24.07M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$24.07M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$53.72M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$111.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$264.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$235.56M	USD	Point-in-time
Income taxes payable long-term	`AccruedIncomeTaxesNoncurrent`	$105.53M	USD	Point-in-time
Income taxes payable long-term	`AccruedIncomeTaxesNoncurrent`	$115.33M	USD	Point-in-time
Operating lease liabilities long-term	`OperatingLeaseLiabilityNoncurrent`	$31.68M	USD	Point-in-time
Operating lease liabilities long-term	`OperatingLeaseLiabilityNoncurrent`	$18.53M	USD	Point-in-time
Debt long-term	`LongTermDebtNoncurrent`	$628.44M	USD	Point-in-time
Debt long-term	`LongTermDebtNoncurrent`	$581.42M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.76M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$962.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.03B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`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: [___] and 69,472,568 outstanding as of December 31, 2019 and June 30, 2019, respectively	`CommonStockValue`	$64.00K	USD	Point-in-time
Common stock$0.001 par value; 500,000,000 shares authorized: [___] and 69,472,568 outstanding as of December 31, 2019 and June 30, 2019, respectively	`CommonStockValue`	$63.00K	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$447.00K	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$55.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.00K	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-181.92M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-295.98M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-292.11M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-239.43M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-181.80M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-261.86M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$99.28M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-295.46M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$781.15M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$737.45M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$952.97M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$631.56M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$479.44M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$308.28M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$248.76M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$335.08M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$494.18M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$163.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$458.79M	USD	2 Qtrs
Gross profit	`GrossProfit`	$230.67M	USD	1 Quarter
Gross profit	`GrossProfit`	$145.09M	USD	1 Quarter
Gross profit	`GrossProfit`	$296.48M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$24.04M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$28.91M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$54.73M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$44.29M	USD	2 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.30M	USD	2 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$19.45M	USD	2 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$9.00M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.95M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$78.03M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$39.86M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$63.74M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$33.04M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$232.74M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$380.76M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$112.05M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$190.81M	USD	1 Quarter
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-16.74M	USD	2 Qtrs
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-7.53M	USD	2 Qtrs
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-3.61M	USD	1 Quarter
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-12.09M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$99.96M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$216.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$373.23M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$187.20M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.15M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$32.04M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.53M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$57.06M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$156.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$316.18M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$183.96M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$98.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.81M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.54	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$5.00	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.32	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.76	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.54	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$5.00	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.75	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.32	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.82M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.68M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	64.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	63.22M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.78M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.07M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.89M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	63.28M	shares	2 Qtrs
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-4.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-325.00K	USD	2 Qtrs
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-172.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-5.00K	USD	2 Qtrs
Other Comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00K	USD	1 Quarter
Other Comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Other Comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-153.00K	USD	1 Quarter
Other Comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-172.00K	USD	1 Quarter
Other Comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-325.00K	USD	2 Qtrs
Other Comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$183.63M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$85.64M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$159.66M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$316.17M	USD	2 Qtrs

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Amount reclassified from deposits on long-term assets	`PriorPeriodReclassificationAdjustment`	$15.00M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$84.43M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$56.62M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$11.53M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$6.50M	USD	2 Qtrs
Right-of-use asset recognized	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$4.74M	USD	2 Qtrs
Right-of-use asset recognized	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$18.63M	USD	2 Qtrs
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$466.00K	USD	2 Qtrs
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$380.00K	USD	2 Qtrs
Net unsettled investment purchases (sales and maturities)	`TransferToInvestments`	$517.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$156.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$316.18M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$183.96M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$98.15M	USD	1 Quarter
Net unsettled investment purchases (sales and maturities)	`TransferToInvestments`	-	USD	2 Qtrs
Net income	`NetIncomeLoss`	$85.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.67M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.27M	USD	2 Qtrs
Impairment of cost based investment	`ImpairmentOfInvestments`	$5.00M	USD	2 Qtrs
Impairment of cost based investment	`ImpairmentOfInvestments`	-	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$809.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$968.00K	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseNonCashLeaseExpense`	$58.00K	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseNonCashLeaseExpense`	$952.00K	USD	2 Qtrs
Premium amortization and (discount accretion), net	`AmortizationOfDebtDiscountPremium`	$-72.00K	USD	2 Qtrs
Premium amortization and (discount accretion), net	`AmortizationOfDebtDiscountPremium`	$3.00K	USD	2 Qtrs
Write off unamortized debt issuance costs	`WriteOffOfDeferredDebtIssuanceCost`	-	USD	2 Qtrs
Write off unamortized debt issuance costs	`WriteOffOfDeferredDebtIssuanceCost`	$105.00K	USD	2 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$133.00K	USD	2 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$4.49M	USD	2 Qtrs
Provision for loss on vendor deposits and purchase commitments	`ProvisionforGainLossonVendorDeposit`	$5.64M	USD	2 Qtrs
Provision for loss on vendor deposits and purchase commitments	`ProvisionforGainLossonVendorDeposit`	$2.21M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.42M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.49M	USD	2 Qtrs
Deferred Taxes	`DeferredIncomeTaxExpenseBenefit`	$369.00K	USD	2 Qtrs
Deferred Taxes	`DeferredIncomeTaxExpenseBenefit`	$-83.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-333.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-346.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$21.55M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.73M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-11.31M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-53.00M	USD	2 Qtrs
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$-4.36M	USD	2 Qtrs
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$1.17M	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-21.00K	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$15.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.26M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.19M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-69.25M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.24M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-27.63M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-24.41M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$958.00K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$5.95M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$4.15M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$47.42M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$243.34M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$308.95M	USD	2 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.87M	USD	2 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.18M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$25.03M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$90.28M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$922.00K	USD	2 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$10.25M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$55.31M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.95M	USD	2 Qtrs
Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$3.14M	USD	2 Qtrs
Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$538.01M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$152.65M	USD	2 Qtrs
Payment of common stock cash dividends	`PaymentsOfDividends`	$50.59M	USD	2 Qtrs
Payment of common stock cash dividends	`PaymentsOfDividends`	$40.13M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$43.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$127.00K	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$816.00K	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$640.00K	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-436.79M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-251.50M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$46.50M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-138.14M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$238.15M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.62M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$238.15M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.11M	USD	Point-in-time

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	63.69M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	62.80M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-292.11M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-239.43M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-181.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-261.86M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$99.28M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-295.46M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$156.51M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$316.18M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$183.96M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$159.67M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$98.15M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$85.81M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-153.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-172.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-325.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.00K	USD	2 Qtrs
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	4,578.00	shares	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$22.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$124.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$21.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-615.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-139.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-201.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-501.00K	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$119.57M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$416.22M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$97.59M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$55.06M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$689.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$730.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$750.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$740.00K	USD	1 Quarter
Dividends Paid on Common Stock	`DividendsCommonStockCash`	$25.47M	USD	1 Quarter
Dividends Paid on Common Stock	`DividendsCommonStockCash`	$25.11M	USD	1 Quarter
Dividends Paid on Common Stock	`DividendsCommonStockCash`	$19.46M	USD	1 Quarter
Dividends Paid on Common Stock	`DividendsCommonStockCash`	$20.67M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	63.69M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	62.80M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-292.11M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-239.43M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-181.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-261.86M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$99.28M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-295.46M	USD	Point-in-time

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