10-Q Filing

UBIQUITI INC. CIK: 1511737 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001511737-22-000030`
Period End Date	20220331
Filing Date	20220506
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	ubnt-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 80 Cash Flow Statement 98 Stockholders Equity 73

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$47.00K	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$249.42M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$144.31M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	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`	$2.25M	USD	Point-in-time
Investments short-term	`ShortTermInvestments`	$1.32M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $47 and $47 at March 31, 2022, and June 30, 2021, respectively	`AccountsReceivableNetCurrent`	$87.48M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $47 and $47 at March 31, 2022, and June 30, 2021, 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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Inventories	`InventoryNet`	$233.77M	USD	Point-in-time
Inventories	`InventoryNet`	$241.13M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Vendor deposits	`VendorDepositsCurrent`	$20.01M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	62.58M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	60.78M	shares	Point-in-time
Vendor deposits	`VendorDepositsCurrent`	$49.40M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$51.00K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$6.72M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.98M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$543.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$694.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$80.89M	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`	$60.48M	USD	Point-in-time
Deferred tax assets long-term	`DeferredIncomeTaxAssetsNet`	$4.67M	USD	Point-in-time
Deferred tax assets long-term	`DeferredIncomeTaxAssetsNet`	$4.78M	USD	Point-in-time
Investments long-term	`LongTermInvestments`	$1.03M	USD	Point-in-time
Investments long-term	`LongTermInvestments`	$600.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$69.78M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$71.95M	USD	Point-in-time
Total assets	`Assets`	$759.69M	USD	Point-in-time
Total assets	`Assets`	$890.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$112.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$102.29M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$8.37M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$14.50M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$23.86M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$23.86M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$125.98M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$106.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$241.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$276.41M	USD	Point-in-time
Income taxes payable long-term	`AccruedIncomeTaxesNoncurrent`	$97.48M	USD	Point-in-time
Income taxes payable long-term	`AccruedIncomeTaxesNoncurrent`	$104.02M	USD	Point-in-time
Operating lease liabilities long-term	`OperatingLeaseLiabilityNoncurrent`	$51.15M	USD	Point-in-time
Operating lease liabilities long-term	`OperatingLeaseLiabilityNoncurrent`	$32.26M	USD	Point-in-time
Debt long-term	`LongTermDebtNoncurrent`	$698.73M	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`	$5.99M	USD	Point-in-time
Total liabilities	`Liabilities`	$888.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.09B	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; 300,000,000 shares authorized: 60,781,979 and 62,582,858 outstanding as of March 31, 2022 and June 30, 2021, respectively	`CommonStockValue`	$61.00K	USD	Point-in-time
Common stock - $0.001 par value; 300,000,000 shares authorized: 60,781,979 and 62,582,858 outstanding as of March 31, 2022 and June 30, 2021, respectively	`CommonStockValue`	$63.00K	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-432.00K	USD	Point-in-time
Retained earnings equity (deficit)	`RetainedEarningsAccumulatedDeficit`	$-334.63M	USD	Point-in-time
Retained earnings equity (deficit)	`RetainedEarningsAccumulatedDeficit`	$2.63M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-181.80M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-4.19M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-60.21M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$57.97M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-295.46M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-335.00M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-261.86M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$2.70M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$759.69M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$890.99M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.42B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$358.07M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$467.24M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$748.37M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$738.68M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$242.05M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$244.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$222.74M	USD	1 Quarter
Gross profit	`GrossProfit`	$116.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$681.53M	USD	3 Qtrs
Gross profit	`GrossProfit`	$500.18M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$30.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$100.18M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$85.21M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$35.26M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$50.30M	USD	3 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$36.56M	USD	3 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.26M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$18.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$150.48M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$43.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$121.76M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$53.41M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$559.76M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$62.61M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$179.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$349.69M	USD	3 Qtrs
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-4.89M	USD	1 Quarter
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-12.42M	USD	3 Qtrs
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-3.25M	USD	1 Quarter
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-9.78M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$174.11M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$547.34M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$339.91M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$85.09M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$28.04M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$53.76M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$132.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$50.35M	USD	1 Quarter
Net income	`NetIncomeLoss`	$146.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$286.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$103.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$159.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$462.25M	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$4.61	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$2.33	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$7.33	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.32	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$7.32	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$4.61	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	63.08M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.41M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.09M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.81M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	63.15M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.12M	shares	3 Qtrs
Unrealized gain (losses) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-433.00K	USD	3 Qtrs
Unrealized gain (losses) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-6.00K	USD	3 Qtrs
Unrealized gain (losses) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Unrealized gain (losses) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-439.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-439.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-433.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$462.25M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$285.72M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$146.07M	USD	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$132.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$50.35M	USD	1 Quarter
Net income	`NetIncomeLoss`	$146.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$286.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$103.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$159.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$462.25M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.31M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.11M	USD	3 Qtrs
Recovery of impaired investment	`DebtSecuritiesAvailableForSaleRecoveries`	$902.00K	USD	3 Qtrs
Recovery of impaired investment	`DebtSecuritiesAvailableForSaleRecoveries`	-	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$990.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.46M	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseNonCashLeaseExpense`	$226.00K	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseNonCashLeaseExpense`	$1.03M	USD	3 Qtrs
Premium amortization and (discount accretion), net	`AmortizationOfDebtDiscountPremium`	$5.00K	USD	3 Qtrs
Premium amortization and (discount accretion), net	`AmortizationOfDebtDiscountPremium`	$35.00K	USD	3 Qtrs
Write off unamortized debt issuance costs	`WriteOffOfDeferredDebtIssuanceCost`	$267.00K	USD	3 Qtrs
Write off unamortized debt issuance costs	`WriteOffOfDeferredDebtIssuanceCost`	-	USD	3 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$569.00K	USD	3 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$1.44M	USD	3 Qtrs
Provision for Sales Returns	`ProvisionForSalesReturns`	-	USD	3 Qtrs
Provision for Sales Returns	`ProvisionForSalesReturns`	$83.00K	USD	3 Qtrs
Provision for loss on vendor deposits and purchase commitments	`ProvisionforGainLossonVendorDeposit`	$7.50M	USD	3 Qtrs
Provision for loss on vendor deposits and purchase commitments	`ProvisionforGainLossonVendorDeposit`	$8.43M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.50M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.27M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$109.00K	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$595.00K	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities	`DebtSecuritiesAvailableForSaleUnrealizedGainLoss`	-	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities	`DebtSecuritiesAvailableForSaleUnrealizedGainLoss`	$407.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	-	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-495.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-84.81M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$45.17M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-60.84M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$13.52M	USD	3 Qtrs
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$3.55M	USD	3 Qtrs
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$34.84M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$6.67M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-2.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$27.06M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.87M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-91.45M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.81M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-12.66M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-26.22M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.72M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$8.80M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$87.64M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-19.74M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$447.77M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$300.28M	USD	3 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.00M	USD	3 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.06M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$864.00K	USD	3 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$922.00K	USD	3 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.21M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.08M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.72M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.26M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$152.65M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$513.00M	USD	3 Qtrs
Payment of common stock cash dividends	`PaymentsOfDividends`	$75.71M	USD	3 Qtrs
Payment of common stock cash dividends	`PaymentsOfDividends`	$111.80M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$76.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$91.00K	USD	3 Qtrs
Tax withholdings related to net share settlements of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$998.00K	USD	3 Qtrs
Tax withholdings related to net share settlements of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Net settlement of restricted stock units	`PaymentForSettlementOfRestrictedStockUnitsFinancingActivities`	-	USD	3 Qtrs
Net settlement of restricted stock units	`PaymentForSettlementOfRestrictedStockUnitsFinancingActivities`	$1.19M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-394.67M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-312.52M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-105.11M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$120.17M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.42M	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`	$262.79M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.31M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.42M	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`	$262.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.31M	USD	Point-in-time
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$72.83M	USD	3 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$110.77M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$9.45M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$7.40M	USD	3 Qtrs
Right-of-use asset recognized	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$27.52M	USD	3 Qtrs
Right-of-use asset recognized	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$20.77M	USD	3 Qtrs
Unpaid Stock Repurchases	`UnpaidStockRepurchases`	-	USD	3 Qtrs
Unpaid Stock Repurchases	`UnpaidStockRepurchases`	$10.00M	USD	3 Qtrs
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$49.00K	USD	3 Qtrs
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$264.00K	USD	3 Qtrs
Net unsettled investment purchases	`TransferToInvestments`	$1.23M	USD	3 Qtrs
Net unsettled investment purchases	`TransferToInvestments`	-	USD	3 Qtrs

Stockholders Equity 73 line items

Line Item	Tag	Value	Unit	Period
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.40	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.40	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	62.58M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	60.78M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-181.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-4.19M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-60.21M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$57.97M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-295.46M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-335.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-261.86M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.70M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$132.15M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$50.35M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$146.07M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$286.15M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$103.65M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$156.51M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$159.67M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$462.25M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-439.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00K	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`	$-433.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	6,301.00	shares	3 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$21.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$17.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$36.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$48.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$22.00K	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`	$-182.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-181.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-952.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-52.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-615.00K	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$97.59M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$129.04M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$39.25M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$344.71M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$55.06M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$775.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$750.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$874.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$819.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$740.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$810.00K	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$37.45M	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$37.50M	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$36.86M	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$25.12M	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$25.11M	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$25.47M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	62.58M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	60.78M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-181.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-4.19M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-60.21M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$57.97M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-295.46M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-335.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-261.86M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.70M	USD	Point-in-time

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