10-Q Filing

AZENTA, INC. CIK: 933974 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-001082`
Period End Date	20221231
Filing Date	20230209
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	azta-20221231x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 45 Cash Flow Statement 71 Stockholders Equity 32 Comprehensive Income 17

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Allowance for expected credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.94M	USD	Point-in-time
Allowance for expected credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$658.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$608.30M	USD	Point-in-time
Short-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$522.90M	USD	Point-in-time
Short-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$911.76M	USD	Point-in-time
Accounts receivable, net of allowance for expected credit losses ($6,942 and $5,162, respectively)	`AccountsReceivableNetCurrent`	$163.76M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for expected credit losses ($6,942 and $5,162, respectively)	`AccountsReceivableNetCurrent`	$201.92M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Inventories	`InventoryNet`	$85.54M	USD	Point-in-time
Inventories	`InventoryNet`	$145.94M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Derivative asset	`DerivativeAssetsCurrent`	$124.79M	USD	Point-in-time
Derivative asset	`DerivativeAssetsCurrent`	$47.95M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term restricted cash	`RestrictedCashCurrent`	$382.60M	USD	Point-in-time
Short-term restricted cash	`RestrictedCashCurrent`	$7.07M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$85.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$132.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.46B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.62B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$154.47M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$217.27M	USD	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$352.02M	USD	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$304.68M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	82.52M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	88.48M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	75.02M	shares	Point-in-time
Long-term deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.17M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	69.05M	shares	Point-in-time
Long-term deferred tax assets	`DeferredIncomeTaxAssetsNet`	$298.00K	USD	Point-in-time
Goodwill	`Goodwill`	$513.62M	USD	Point-in-time
Goodwill	`Goodwill`	$761.15M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$327.11M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$178.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$57.09M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	13.46M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$61.93M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	13.46M	shares	Point-in-time
Total assets	`Assets`	$3.72B	USD	Point-in-time
Total assets	`Assets`	$3.29B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.65M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.26M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$42.64M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$39.75M	USD	Point-in-time
Accrued warranty and retrofit costs	`ProductWarrantyAccrualClassifiedCurrent`	$2.89M	USD	Point-in-time
Accrued warranty and retrofit costs	`ProductWarrantyAccrualClassifiedCurrent`	$5.18M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$41.90M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$34.52M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$28.42M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$24.53M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$86.89M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$78.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$249.03M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$230.55M	USD	Point-in-time
Long-term tax reserves	`AccruedIncomeTaxesNoncurrent`	$1.70M	USD	Point-in-time
Long-term tax reserves	`AccruedIncomeTaxesNoncurrent`	$1.68M	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$64.56M	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$85.89M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$278.00K	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$261.00K	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$49.23M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$52.49M	USD	Point-in-time
Contingent consideration liability	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$18.46M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.46M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$13.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$352.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$421.03M	USD	Point-in-time
Preferred stock, $0.01 par value - 1,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value - 1,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value - 125,000,000 shares authorized, 82,515,917 shares issued and 69,054,048 shares outstanding at December 31, 2022, 88,482,125 shares issued and 75,020,256 shares outstanding at September 30, 2022	`CommonStockValue`	$824.00K	USD	Point-in-time
Common stock, $0.01 par value - 125,000,000 shares authorized, 82,515,917 shares issued and 69,054,048 shares outstanding at December 31, 2022, 88,482,125 shares issued and 75,020,256 shares outstanding at September 30, 2022	`CommonStockValue`	$885.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.99B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.49B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-62.07M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-83.92M	USD	Point-in-time
Treasury stock, at cost - 13,461,869 shares at December 31, 2022 and September 30, 2022	`TreasuryStockCommonValue`	$200.96M	USD	Point-in-time
Treasury stock, at cost - 13,461,869 shares at December 31, 2022 and September 30, 2022	`TreasuryStockCommonValue`	$200.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.64B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.66B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.36B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.87B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.29B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.72B	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$139.65M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$178.37M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$104.50M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$72.61M	USD	1 Quarter
Gross profit	`GrossProfit`	$67.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$73.86M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$7.54M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$6.49M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$60.71M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$92.55M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$173.00K	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$1.46M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$67.37M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$101.55M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-27.68M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-325.00K	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	$35.00K	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	$10.71M	USD	1 Quarter
Interest expense	`InterestExpense`	$455.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$43.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.15M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.08M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-15.88M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.82M	USD	1 Quarter
Income tax provision benefit	`IncomeTaxExpenseBenefit`	$-4.64M	USD	1 Quarter
Income tax provision benefit	`IncomeTaxExpenseBenefit`	$-4.68M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.86M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-11.23M	USD	1 Quarter
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$40.46M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$43.32M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-11.23M	USD	1 Quarter
(Loss) / Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.15	USD	1 Quarter
(Loss) / Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.04	USD	1 Quarter
Income from discontinued operations, net of tax (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.54	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$-0.15	USD	1 Quarter
(Loss) / Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.04	USD	1 Quarter
(Loss) / Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.15	USD	1 Quarter
Income from discontinued operations, net of tax (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.54	USD	1 Quarter
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.15	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.54M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	74.63M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.54M	shares	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents of continuing operations	`CashAndCashEquivalentsAtCarryingValue`	$658.27M	USD	Point-in-time
Cash and cash equivalents of continuing operations	`CashAndCashEquivalentsAtCarryingValue`	$608.30M	USD	Point-in-time
Net income / (loss)	`ProfitLoss`	$-11.23M	USD	1 Quarter
Net income / (loss)	`ProfitLoss`	$43.32M	USD	1 Quarter
Short-term restricted cash	`RestrictedCashCurrent`	$382.60M	USD	Point-in-time
Short-term restricted cash	`RestrictedCashCurrent`	$7.07M	USD	Point-in-time
Depreciation and amortization	`DepreciationAndAmortization`	$12.88M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$20.18M	USD	1 Quarter
Long-term restricted cash included in other assets	`RestrictedCashNoncurrent`	$479.00K	USD	Point-in-time
Long-term restricted cash included in other assets	`RestrictedCashNoncurrent`	$426.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$273.04M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$285.33M	USD	Point-in-time
Stock-based compensation	`ShareBasedCompensation`	$2.10M	USD	1 Quarter
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.04B	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$615.85M	USD	Point-in-time
Stock-based compensation	`ShareBasedCompensation`	$7.89M	USD	1 Quarter
Amortization of premium on marketable securities and deferred financing costs	`AmortizationOfDeferredFinancingCostsAndUnrealizedGainLossOnInvestments`	$-56.00K	USD	1 Quarter
Amortization of premium on marketable securities and deferred financing costs	`AmortizationOfDeferredFinancingCostsAndUnrealizedGainLossOnInvestments`	$3.10M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.08M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-6.33M	USD	1 Quarter
Purchase accounting impact on inventory	`InventoryPurchaseAccountingImpact`	$2.87M	USD	1 Quarter
(Gain) loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-17.00K	USD	1 Quarter
(Gain) loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$95.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.12M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.14M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$32.15M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$5.92M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.22M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.95M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-59.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$4.06M	USD	1 Quarter
Accrued warranty and retrofit costs	`IncreaseDecreaseInAccruedWarrantyAndRetrofitCosts`	$-103.00K	USD	1 Quarter
Accrued warranty and retrofit costs	`IncreaseDecreaseInAccruedWarrantyAndRetrofitCosts`	$504.00K	USD	1 Quarter
Accrued compensation and tax withholdings	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-14.02M	USD	1 Quarter
Accrued compensation and tax withholdings	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-5.37M	USD	1 Quarter
Accrued restructuring costs	`IncreaseDecreaseInRestructuringReserve`	$1.14M	USD	1 Quarter
Other current assets and liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$5.99M	USD	1 Quarter
Other current assets and liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$10.69M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.02M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.62M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.41M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.84M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$166.37M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$46.00K	USD	1 Quarter
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$607.21M	USD	1 Quarter
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$30.00K	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$371.63M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.43M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$56.36M	USD	1 Quarter
Principal payments on debt	`RepaymentsOfSecuredDebt`	$186.00K	USD	1 Quarter
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$7.49M	USD	1 Quarter
Payments of finance leases	`RepaymentsOfFinanceLeases`	$91.00K	USD	1 Quarter
Stock repurchase	`PaymentsForRepurchaseOfCommonStock`	$500.00M	USD	1 Quarter
Withholding tax payments on net share settlements on equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.63M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-504.72M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.68M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.80M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$49.94M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-425.44M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.29M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$273.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$285.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.04B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$615.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$273.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$285.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.04B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$615.85M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$333.00K	USD	1 Quarter
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$7.29M	USD	1 Quarter
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$10.91M	USD	1 Quarter

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Net investment hedge currency translation adjustment, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$19.71M	USD	1 Quarter
Net investment hedge currency translation adjustment, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Changes in unrealized losses on marketable securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-537.00K	USD	1 Quarter
Changes in unrealized losses on marketable securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	-	USD	1 Quarter
Dividend declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Actuarial gains (losses), tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Actuarial gains (losses), tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	75.02M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	69.05M	shares	Point-in-time
Shares issued under restricted stock and purchase plans, net of shares withheld for employee taxes	`SharesIssuedValueShareBasedPaymentArrangementNetOfSharesWithheldForEmployeeTaxes`	$-4.63M	USD	1 Quarter
Accelerated share repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$500.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.47M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.10M	USD	1 Quarter
Common stock dividends declared	`DividendsCommonStockCash`	$7.49M	USD	1 Quarter
Net investment hedge currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-57.13M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustments`	$4.80M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustments`	$77.41M	USD	1 Quarter
Changes in unrealized gains (losses) on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.55M	USD	1 Quarter
Actuarial loss, net of tax effects	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-3.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-11.23M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-81.00K	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	75.02M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	69.05M	shares	Point-in-time

Comprehensive Income 17 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$43.32M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-11.23M	USD	1 Quarter
Net investment hedge currency translation adjustment, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$19.71M	USD	1 Quarter
Net investment hedge currency translation adjustment, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Net investment hedge currency translation adjustment, net of tax effects of $19,708 and $0 for the three months ended December 31, 2022 and 2021	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-57.13M	USD	1 Quarter
Changes in unrealized losses on marketable securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-537.00K	USD	1 Quarter
Changes in unrealized losses on marketable securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustments`	$4.80M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustments`	$77.41M	USD	1 Quarter
Actuarial gains (losses), tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Actuarial gains (losses), tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Changes in unrealized losses on marketable securities, net of tax effects of $537 and $0 for the three months ended December 31, 2022 and 2021	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.55M	USD	1 Quarter
Actuarial gains (losses), net of tax effects of $0 and $0 for the three months ended December 31, 2022 and 2021	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-3.00K	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.80M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$21.84M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$48.12M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$10.61M	USD	1 Quarter

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