10-K Filing

UBIQUITI INC. CIK: 1511737 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001511737-21-000036`
Period End Date	20210630
Filing Date	20210827
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	ubnt-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 57 Cash Flow Statement 131 Stockholders Equity 33

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$203.00K	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$47.00K	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`	$142.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$249.42M	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
Investments short-term	`ShortTermInvestments`	$925.00K	USD	Point-in-time
Investments short-term	`ShortTermInvestments`	$1.32M	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
Accounts receivable, net of allowance for doubtful accounts of $47 and $203 at June 30, 2021 and June 30, 2020 respectively	`AccountsReceivableNetCurrent`	$172.29M	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 $47 and $203 at June 30, 2021 and June 30, 2020 respectively	`AccountsReceivableNetCurrent`	$142.16M	USD	Point-in-time
Inventories	`InventoryNet`	$233.77M	USD	Point-in-time
Inventories	`InventoryNet`	$285.94M	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
Vendor deposits	`VendorDepositsCurrent`	$5.93M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	63.69M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	62.58M	shares	Point-in-time
Vendor deposits	`VendorDepositsCurrent`	$20.01M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$34.00K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$51.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.03M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$586.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$694.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$78.52M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$79.06M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$40.01M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$24.44M	USD	Point-in-time
Deferred tax assets long-term	`DeferredIncomeTaxAssetsNet`	$4.10M	USD	Point-in-time
Deferred tax assets long-term	`DeferredIncomeTaxAssetsNet`	$4.78M	USD	Point-in-time
Investments long-term	`LongTermInvestments`	$513.00K	USD	Point-in-time
Investments long-term	`LongTermInvestments`	$1.03M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$43.22M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$71.95M	USD	Point-in-time
Total assets	`Assets`	$890.99M	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`	$112.07M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$30.96M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$14.50M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$24.07M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$23.86M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$53.72M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$125.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$276.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$264.30M	USD	Point-in-time
Income tax payable long-term	`AccruedIncomeTaxesNoncurrent`	$104.02M	USD	Point-in-time
Income tax payable long-term	`AccruedIncomeTaxesNoncurrent`	$115.33M	USD	Point-in-time
Operating lease liabilities long-term	`OperatingLeaseLiabilityNoncurrent`	$32.26M	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`	$467.03M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.56M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$888.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.03B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`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: 62,582,858 and 63,687,891 outstanding at June 30, 2021 and June 30, 2020, respectively	`CommonStockValue`	$63.00K	USD	Point-in-time
Common stock$0.001 par value; 500,000,000 shares authorized: 62,582,858 and 63,687,891 outstanding at June 30, 2021 and June 30, 2020, respectively	`CommonStockValue`	$64.00K	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$447.00K	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.00K	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$2.63M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-295.98M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-295.46M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$315.75M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$2.70M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$99.28M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$737.45M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$890.99M	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$1.90B	USD	Annual
Revenues	`Revenues`	$1.28B	USD	Annual
Revenues	`Revenues`	$1.16B	USD	Annual
Cost of revenues	`CostOfRevenue`	$985.82M	USD	Annual
Cost of revenues	`CostOfRevenue`	$676.33M	USD	Annual
Cost of revenues	`CostOfRevenue`	$624.13M	USD	Annual
Gross profit	`GrossProfit`	$537.60M	USD	Annual
Gross profit	`GrossProfit`	$608.17M	USD	Annual
Gross profit	`GrossProfit`	$912.28M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$82.07M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$116.17M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$89.41M	USD	Annual
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$40.57M	USD	Annual
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$53.51M	USD	Annual
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$43.24M	USD	Annual
Litigation settlement	`LegalFees`	$18.00M	USD	Annual
Litigation settlement	`LegalFees`	-	USD	Annual
Litigation settlement	`LegalFees`	-	USD	Annual
Total operating expenses	`OperatingExpenses`	$169.68M	USD	Annual
Total operating expenses	`OperatingExpenses`	$143.31M	USD	Annual
Total operating expenses	`OperatingExpenses`	$129.97M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$478.20M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$742.59M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$394.30M	USD	Annual
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-12.81M	USD	Annual
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-14.94M	USD	Annual
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-28.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$381.49M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$727.65M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$450.20M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$69.90M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$111.07M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$58.80M	USD	Annual
Net income	`NetIncomeLoss`	$322.69M	USD	Annual
Net income	`NetIncomeLoss`	$380.30M	USD	Annual
Net income	`NetIncomeLoss`	$616.58M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$9.79	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.52	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.81	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$9.78	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.51	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.80	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.44M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.43M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.99M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.60M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.51M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	63.05M	shares	Annual
Unrealized (losses) gains on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$393.00K	USD	Annual
Unrealized (losses) gains on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-8.00K	USD	Annual
Unrealized (losses) gains on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-384.00K	USD	Annual
Other Comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-384.00K	USD	Annual
Other Comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$393.00K	USD	Annual
Other Comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$616.58M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$323.09M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$379.91M	USD	Annual

Cash Flow Statement 131 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$322.69M	USD	Annual
Net income	`NetIncomeLoss`	$380.30M	USD	Annual
Net income	`NetIncomeLoss`	$616.58M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.56M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.10M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.70M	USD	Annual
Impairment of cost-based investment	`ImpairmentOfInvestments`	-	USD	Annual
Impairment of cost-based investment	`ImpairmentOfInvestments`	$5.00M	USD	Annual
Impairment of cost-based investment	`ImpairmentOfInvestments`	-	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.81M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.11M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.79M	USD	Annual
Non-cash lease expense	`OperatingLeaseNonCashLeaseExpense`	$1.15M	USD	Annual
Non-cash lease expense	`OperatingLeaseNonCashLeaseExpense`	-	USD	Annual
Non-cash lease expense	`OperatingLeaseNonCashLeaseExpense`	$251.00K	USD	Annual
Premium amortization and (discount accretion), net	`AmortizationOfDebtDiscountPremium`	$-696.00K	USD	Annual
Premium amortization and (discount accretion), net	`AmortizationOfDebtDiscountPremium`	$-52.00K	USD	Annual
Premium amortization and (discount accretion), net	`AmortizationOfDebtDiscountPremium`	$16.00K	USD	Annual
Write off unamortized debt issuance costs	`WriteOffOfDeferredDebtIssuanceCost`	$105.00K	USD	Annual
Write off unamortized debt issuance costs	`WriteOffOfDeferredDebtIssuanceCost`	-	USD	Annual
Write off unamortized debt issuance costs	`WriteOffOfDeferredDebtIssuanceCost`	$267.00K	USD	Annual
Provision for inventory obsolescence	`InventoryWriteDown`	$1.64M	USD	Annual
Provision for inventory obsolescence	`InventoryWriteDown`	$6.62M	USD	Annual
Provision for inventory obsolescence	`InventoryWriteDown`	$-249.00K	USD	Annual
Provisions for loss on vendor deposits and purchase commitments	`ProvisionforGainLossonVendorDeposit`	$3.33M	USD	Annual
Provisions for loss on vendor deposits and purchase commitments	`ProvisionforGainLossonVendorDeposit`	$10.71M	USD	Annual
Provisions for loss on vendor deposits and purchase commitments	`ProvisionforGainLossonVendorDeposit`	$2.91M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$2.89M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$2.89M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$3.03M	USD	Annual
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-674.00K	USD	Annual
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.19M	USD	Annual
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$196.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-265.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-509.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$725.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$30.14M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-18.73M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.88M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-52.89M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$163.66M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$28.05M	USD	Annual
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$-27.70M	USD	Annual
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$-3.12M	USD	Annual
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$17.09M	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$23.00K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$11.00K	USD	Annual
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$17.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.81M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.81M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$30.53M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-43.34M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.33M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$116.90M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-27.77M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$16.32M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.53M	USD	Annual
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$9.08M	USD	Annual
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$855.00K	USD	Annual
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$7.46M	USD	Annual
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$56.22M	USD	Annual
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$5.02M	USD	Annual
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-39.98M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$612.02M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$259.26M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$460.28M	USD	Annual
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.32M	USD	Annual
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.62M	USD	Annual
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$51.68M	USD	Annual
Private equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Private equity investment	`PaymentsToAcquireEquityMethodInvestments`	$5.00M	USD	Annual
Private equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$1.86M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$220.08M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$27.54M	USD	Annual
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	Annual
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$80.89M	USD	Annual
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$111.91M	USD	Annual
Proceeds from maturity of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$38.30M	USD	Annual
Proceeds from maturity of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$922.00K	USD	Annual
Proceeds from maturity of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$15.83M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.27M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-157.57M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$69.58M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.14M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.26M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$219.76M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$700.12M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$468.23M	USD	Annual
Payment of common stock cash dividends	`PaymentsOfDividends`	$71.36M	USD	Annual
Payment of common stock cash dividends	`PaymentsOfDividends`	$78.68M	USD	Annual
Payment of common stock cash dividends	`PaymentsOfDividends`	$100.81M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$831.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$125.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$179.00K	USD	Annual
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.47M	USD	Annual
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.13M	USD	Annual
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$998.00K	USD	Annual
Net cash (used in) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-625.40M	USD	Annual
Net cash (used in) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-485.95M	USD	Annual
Net cash (used in) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-530.23M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$106.80M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-95.53M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-428.53M	USD	Annual
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$666.68M	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`	$238.15M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$666.68M	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`	$238.15M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.42M	USD	Point-in-time
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$74.92M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$41.73M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$139.62M	USD	Annual
Interest paid	`InterestPaidNet`	$11.81M	USD	Annual
Interest paid	`InterestPaidNet`	$21.82M	USD	Annual
Interest paid	`InterestPaidNet`	$23.35M	USD	Annual
Right-of-use asset recognized	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	Annual
Right-of-use asset recognized	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$8.61M	USD	Annual
Right-of-use asset recognized	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$24.28M	USD	Annual
Unpaid stock repurchases	`DividendsCash`	$2.22M	USD	Annual
Unpaid stock repurchases	`DividendsCash`	-	USD	Annual
Unpaid stock repurchases	`DividendsCash`	-	USD	Annual
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$233.00K	USD	Annual
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$366.00K	USD	Annual
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$440.00K	USD	Annual
Net unsettled investment purchases (sales, and maturities)	`TransferOfInvestments`	-	USD	Annual
Net unsettled investment purchases (sales, and maturities)	`TransferOfInvestments`	$522.00K	USD	Annual
Net unsettled investment purchases (sales, and maturities)	`TransferToInvestments`	$522.00K	USD	Annual

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.60	USD	Annual
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.20	USD	Annual
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.00	USD	Annual
Balance at beginning of period	`StockholdersEquity`	$-295.46M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$315.75M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$2.70M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$99.28M	USD	Point-in-time
Net income	`NetIncomeLoss`	$322.69M	USD	Annual
Net income	`NetIncomeLoss`	$380.30M	USD	Annual
Net income	`NetIncomeLoss`	$616.58M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-384.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$393.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.00K	USD	Annual
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	11,734.00	shares	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$125.00K	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$179.00K	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$831.00K	USD	Annual
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-1.13M	USD	Annual
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-1.47M	USD	Annual
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-998.00K	USD	Annual
Repurchase of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$219.76M	USD	Annual
Repurchase of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$697.90M	USD	Annual
Repurchase of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$470.45M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.89M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.89M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$3.03M	USD	Annual
Dividends paid on Common Stock	`DividendsCommonStockCash`	$100.81M	USD	Annual
Dividends paid on Common Stock	`DividendsCommonStockCash`	$78.68M	USD	Annual
Dividends paid on Common Stock	`DividendsCommonStockCash`	$71.36M	USD	Annual
Balance at end of period	`StockholdersEquity`	$-295.46M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$315.75M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$2.70M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$99.28M	USD	Point-in-time

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