10-Q Filing

UBIQUITI INC. CIK: 1511737 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001511737-24-000010`
Period End Date	20231231
Filing Date	20240209
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	ubnt-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 66 Cash Flow Statement 70 Stockholders Equity 41

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$92.00K	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$225.00K	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`	$114.83M	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`	$97.60M	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`	$109.00K	USD	Point-in-time
Investments short-term	`ShortTermInvestments`	$61.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $225 and $92 at December 31, 2023 and June 30, 2023, respectively	`AccountsReceivableNetCurrent`	$167.79M	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 $225 and $92 at December 31, 2023 and June 30, 2023, respectively	`AccountsReceivableNetCurrent`	$171.42M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$737.12M	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`	$683.59M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	60.44M	shares	Point-in-time
Vendor deposits	`VendorDepositsCurrent`	$134.50M	USD	Point-in-time
Vendor deposits	`VendorDepositsCurrent`	$125.23M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	60.45M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.57M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	60.45M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	60.44M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.11B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.17B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$84.49M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$86.84M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$50.95M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$57.48M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$23.70M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$23.46M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$71.32M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$70.28M	USD	Point-in-time
Total assets	`Assets`	$1.41B	USD	Point-in-time
Total assets	`Assets`	$1.33B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$154.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$92.30M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$9.77M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$19.31M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$36.51M	USD	Point-in-time
Debt short-term	`ShortTermBorrowings`	$36.51M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$141.84M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$149.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$351.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$287.79M	USD	Point-in-time
Income taxes payable long-term	`AccruedIncomeTaxesNoncurrent`	$55.09M	USD	Point-in-time
Income taxes payable long-term	`AccruedIncomeTaxesNoncurrent`	$74.88M	USD	Point-in-time
Operating lease liabilities long-term	`OperatingLeaseLiabilityNoncurrent`	$39.66M	USD	Point-in-time
Operating lease liabilities long-term	`OperatingLeaseLiabilityNoncurrent`	$46.05M	USD	Point-in-time
Debt long-term	`LongTermDebtNoncurrent`	$958.13M	USD	Point-in-time
Debt long-term	`LongTermDebtNoncurrent`	$1.04B	USD	Point-in-time
Deferred tax liability long-term	`DeferredIncomeTaxLiabilitiesNet`	$226.00K	USD	Point-in-time
Deferred tax liability long-term	`DeferredIncomeTaxLiabilitiesNet`	$226.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.77M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.35B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.52B	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: 60,448,287 and 60,441,896 issued and outstanding as of December 31, 2023 and June 30, 2023, respectively	`CommonStockValue`	$60.00K	USD	Point-in-time
Common stock$0.001 par value; 500,000,000 shares authorized: 60,448,287 and 60,441,896 issued and outstanding as of December 31, 2023 and June 30, 2023, respectively	`CommonStockValue`	$60.00K	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$7.40M	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$4.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-120.51M	USD	Point-in-time
Total stockholders (deficit)	`StockholdersEquity`	$-247.95M	USD	Point-in-time
Total stockholders (deficit)	`StockholdersEquity`	$-325.47M	USD	Point-in-time
Total stockholders (deficit)	`StockholdersEquity`	$-382.88M	USD	Point-in-time
Total stockholders (deficit)	`StockholdersEquity`	$-15.72M	USD	Point-in-time
Total stockholders (deficit)	`StockholdersEquity`	$-63.06M	USD	Point-in-time
Total stockholders (deficit)	`StockholdersEquity`	$-115.73M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.41B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.33B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$493.57M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$928.03M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$464.95M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$991.65M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$622.73M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$287.31M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$296.01M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$566.51M	USD	2 Qtrs
Gross profit	`GrossProfit`	$197.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$361.52M	USD	2 Qtrs
Gross profit	`GrossProfit`	$368.93M	USD	2 Qtrs
Gross profit	`GrossProfit`	$177.65M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$33.77M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$73.19M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$66.42M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$36.91M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$18.64M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$19.63M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$38.92M	USD	2 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$35.34M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$101.76M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$112.12M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$56.55M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$52.41M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$121.10M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$249.41M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$145.15M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$267.17M	USD	2 Qtrs
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-11.27M	USD	1 Quarter
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-18.26M	USD	1 Quarter
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-21.92M	USD	2 Qtrs
Interest expense and other, net	`OtherNonoperatingIncomeExpense`	$-39.49M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$245.24M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$209.92M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.84M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$133.88M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.05M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$20.72M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$39.86M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$21.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$205.39M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$169.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$93.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$82.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$112.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$169.87M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$82.12M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$112.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$205.39M	USD	2 Qtrs
Basic (in dollar per share)	`EarningsPerShareBasic`	$3.40	USD	2 Qtrs
Basic (in dollar per share)	`EarningsPerShareBasic`	$1.36	USD	1 Quarter
Basic (in dollar per share)	`EarningsPerShareBasic`	$1.86	USD	1 Quarter
Basic (in dollar per share)	`EarningsPerShareBasic`	$2.81	USD	2 Qtrs
Diluted (in dollar per share)	`EarningsPerShareDiluted`	$1.86	USD	1 Quarter
Diluted (in dollar per share)	`EarningsPerShareDiluted`	$2.81	USD	2 Qtrs
Diluted (in dollar per share)	`EarningsPerShareDiluted`	$1.36	USD	1 Quarter
Diluted (in dollar per share)	`EarningsPerShareDiluted`	$3.40	USD	2 Qtrs
Basic (in dollar per shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.45M	shares	1 Quarter
Basic (in dollar per shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.43M	shares	1 Quarter
Basic (in dollar per shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.45M	shares	2 Qtrs
Basic (in dollar per shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.43M	shares	2 Qtrs
Diluted (in dollar per shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.45M	shares	2 Qtrs
Diluted (in dollar per shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.45M	shares	2 Qtrs
Diluted (in dollar per shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.45M	shares	1 Quarter
Diluted (in dollar per shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.45M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$205.39M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$169.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$93.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$82.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$112.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.64M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.64M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$867.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$654.00K	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseNonCashLeaseExpense`	$220.00K	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseNonCashLeaseExpense`	$342.00K	USD	2 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$5.62M	USD	2 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$3.28M	USD	2 Qtrs
Provision for loss on vendor deposits	`ProvisionforGainLossonVendorDeposit`	$7.75M	USD	2 Qtrs
Provision for loss on vendor deposits	`ProvisionforGainLossonVendorDeposit`	$-1.17M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.15M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.01M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$242.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$131.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$31.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-636.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.76M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$32.31M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$388.14M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-50.14M	USD	2 Qtrs
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$17.02M	USD	2 Qtrs
Vendor deposits	`IncreaseDecreaseinVendorDeposits`	$-15.03M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.95M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.33M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$161.19M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-61.51M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-29.33M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-24.35M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.84M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$1.63M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$7.94M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$60.33M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$146.26M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.33M	USD	2 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.47M	USD	2 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.88M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.88M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.47M	USD	2 Qtrs
Payment of common stock cash dividends	`PaymentsOfDividends`	$72.51M	USD	2 Qtrs
Payment of common stock cash dividends	`PaymentsOfDividends`	$72.54M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$23.00K	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$594.00K	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$324.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-156.61M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$34.42M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-17.23M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$23.28M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.50M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$97.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$114.83M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.22M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$97.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$114.83M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.22M	USD	Point-in-time
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$68.21M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$64.28M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$41.10M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$18.48M	USD	2 Qtrs
Right-of-use asset recognized	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.83M	USD	2 Qtrs
Right-of-use asset recognized	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.07M	USD	2 Qtrs
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$357.00K	USD	2 Qtrs
Unpaid property and equipment and other long-term assets	`CapitalExpendituresIncurredButNotYetPaid`	$927.00K	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Dividends paid on Common Stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	1 Quarter
Dividends paid on Common Stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	1 Quarter
Dividends paid on Common Stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	1 Quarter
Dividends paid on Common Stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	60.45M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	60.44M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-247.95M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-325.47M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-382.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-15.72M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-63.06M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-115.73M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$205.39M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$169.87M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$93.18M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$82.12M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$87.75M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$112.20M	USD	1 Quarter
Other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-49.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-50.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-11.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-313.00K	USD	1 Quarter
Restricted stock units issued, net of tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-544.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.05M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.50M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.10M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.51M	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$36.27M	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$36.26M	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$36.27M	USD	1 Quarter
Dividends paid on Common Stock	`DividendsCommonStockCash`	$36.26M	USD	1 Quarter
Reclassification adjustment for loss on investments included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$523.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	60.45M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	60.44M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-247.95M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-325.47M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-382.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-15.72M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-63.06M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-115.73M	USD	Point-in-time

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