10-Q Filing

MEDPACE HOLDINGS, INC. CIK: 1668397 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-019699`
Period End Date	20200331
Filing Date	20200429
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	medp-10q_20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 38 Cash Flow Statement 60 Stockholders Equity 18 Comprehensive Income 6

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, unbilled services with related parties	`AccountsReceivableAndUnbilledRelatedPartiesCurrent`	$2.80M	USD	Point-in-time
Accounts receivable, unbilled services with related parties	`AccountsReceivableAndUnbilledRelatedPartiesCurrent`	$1.90M	USD	Point-in-time
Accounts payable includes related parties	`AccountsPayableRelatedPartiesCurrent`	$200.00K	USD	Point-in-time
Accounts payable includes related parties	`AccountsPayableRelatedPartiesCurrent`	$100.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$134.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$131.92M	USD	Point-in-time
Advanced billings with related parties	`ContractWithCustomerLiabilityCurrentWithRelatedParties`	$3.00M	USD	Point-in-time
Advanced billings with related parties	`ContractWithCustomerLiabilityCurrentWithRelatedParties`	$1.10M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable and unbilled, net (includes $2.8 million and $1.9 million with related parties at March 31, 2020 and December 31, 2019, respectively)	`ReceivablesNetCurrent`	$136.37M	USD	Point-in-time
Accounts receivable and unbilled, net (includes $2.8 million and $1.9 million with related parties at March 31, 2020 and December 31, 2019, respectively)	`ReceivablesNetCurrent`	$155.66M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$29.45M	USD	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$32.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$303.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$317.03M	USD	Point-in-time
Preferred stock shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$50.02M	USD	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$47.29M	USD	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$58.67M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$52.15M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$52.15M	USD	Point-in-time
Goodwill	`Goodwill`	$662.43M	USD	Point-in-time
Goodwill	`Goodwill`	$662.40M	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	35.48M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$52.35M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$54.35M	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	36.07M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	35.48M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$376.00K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	36.07M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$490.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.48M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.68M	USD	Point-in-time
Treasury stock shares	`TreasuryStockShares`	200,000.00	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	200,000.00	shares	Point-in-time
Total assets	`Assets`	$1.14B	USD	Point-in-time
Total assets	`Assets`	$1.14B	USD	Point-in-time
Accounts payable (includes $0.1 million and $0.2 million with related parties at March 31, 2020 and December 31, 2019, respectively)	`AccountsPayableCurrent`	$22.40M	USD	Point-in-time
Accounts payable (includes $0.1 million and $0.2 million with related parties at March 31, 2020 and December 31, 2019, respectively)	`AccountsPayableCurrent`	$16.98M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$107.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$109.25M	USD	Point-in-time
Advanced billings (includes $1.1 million and $3.0 million with related parties at March 31, 2020 and December 31, 2019, respectively)	`ContractWithCustomerLiabilityCurrent`	$189.56M	USD	Point-in-time
Advanced billings (includes $1.1 million and $3.0 million with related parties at March 31, 2020 and December 31, 2019, respectively)	`ContractWithCustomerLiabilityCurrent`	$192.36M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$18.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$343.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$338.65M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$51.40M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$45.21M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$45.21M	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$12.85M	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$14.02M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$15.72M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$15.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$416.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$419.83M	USD	Point-in-time
Commitments and contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $0.01 par-value; 250,000,000 shares authorized at March 31, 2020 and December 31, 2019, respectively; 35,484,473 and 36,065,278 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$355.00K	USD	Point-in-time
Common stock - $0.01 par-value; 250,000,000 shares authorized at March 31, 2020 and December 31, 2019, respectively; 35,484,473 and 36,065,278 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$360.00K	USD	Point-in-time
Treasury stock - 200,000 shares at March 31, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$6.03M	USD	Point-in-time
Treasury stock - 200,000 shares at March 31, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$6.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$673.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$666.59M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$53.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$68.11M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.73M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$621.90M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$717.80M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$726.28M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$589.70M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.14B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.14B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue, net (includes $5.5 million and $5.1 million with related parties for the three months ended March 31, 2020 and 2019, respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$200.74M	USD	1 Quarter
Revenue, net (includes $5.5 million and $5.1 million with related parties for the three months ended March 31, 2020 and 2019, respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$230.88M	USD	1 Quarter
Direct service costs, excluding depreciation and amortization	`DirectServiceCostsExcludingDepreciationAndAmortization`	$88.80M	USD	1 Quarter
Direct service costs, excluding depreciation and amortization	`DirectServiceCostsExcludingDepreciationAndAmortization`	$75.11M	USD	1 Quarter
Reimbursed out-of-pocket expenses	`ReimbursedOutOfPocketExpenses`	$70.59M	USD	1 Quarter
Reimbursed out-of-pocket expenses	`ReimbursedOutOfPocketExpenses`	$77.01M	USD	1 Quarter
Total direct costs	`DirectOperatingCosts`	$145.70M	USD	1 Quarter
Total direct costs	`DirectOperatingCosts`	$165.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$25.12M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$21.31M	USD	1 Quarter
Depreciation	`Depreciation`	$2.45M	USD	1 Quarter
Depreciation	`Depreciation`	$1.99M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$2.00M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$5.84M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$174.85M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$195.38M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$35.50M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$25.89M	USD	1 Quarter
Miscellaneous income (expense), net	`OtherNonoperatingIncomeExpense`	$617.00K	USD	1 Quarter
Miscellaneous income (expense), net	`OtherNonoperatingIncomeExpense`	$-282.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$357.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-955.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$974.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.66M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$36.48M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$5.46M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$7.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$28.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.20M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.80	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.70M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.02M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.28M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.03M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$28.95M	USD	1 Quarter
Net income	`ProfitLoss`	$19.20M	USD	1 Quarter
Depreciation	`Depreciation`	$2.45M	USD	1 Quarter
Depreciation	`Depreciation`	$1.99M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$2.00M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$5.84M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.18M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$5.45M	USD	1 Quarter
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$138.00K	USD	1 Quarter
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	1 Quarter
Noncash lease expense	`NonCashLeaseExpense`	$2.92M	USD	1 Quarter
Noncash lease expense	`NonCashLeaseExpense`	$2.36M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$656.00K	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$1.08M	USD	1 Quarter
Amortization and adjustment of deferred credit	`AmortizationAndAdjustmentOfDeferredCredit`	$200.00K	USD	1 Quarter
Amortization and adjustment of deferred credit	`AmortizationAndAdjustmentOfDeferredCredit`	$181.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$43.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$67.00K	USD	1 Quarter
Accounts receivable and unbilled, net	`IncreaseDecreaseInReceivables`	$-4.25M	USD	1 Quarter
Accounts receivable and unbilled, net	`IncreaseDecreaseInReceivables`	$-19.30M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.64M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.69M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.81M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.68M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-5.22M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.76M	USD	1 Quarter
Advanced billings	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.69M	USD	1 Quarter
Advanced billings	`IncreaseDecreaseInContractWithCustomerLiability`	$2.44M	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.04M	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.24M	USD	1 Quarter
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-5.77M	USD	1 Quarter
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.44M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.15M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$34.01M	USD	1 Quarter
Property and equipment expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.56M	USD	1 Quarter
Property and equipment expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.52M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.32M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-39.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.52M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.84M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.33M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$972.00K	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$41.78M	USD	1 Quarter
Payment of debt	`RepaymentsOfDebt`	-	USD	1 Quarter
Payment of debt	`RepaymentsOfDebt`	$24.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-40.45M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.03M	USD	1 Quarter
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.10M	USD	1 Quarter
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-290.00K	USD	1 Quarter
INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.08M	USD	1 Quarter
INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.84M	USD	1 Quarter
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.28M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$134.00M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.13M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.92M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.28M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$134.00M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.13M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.92M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$621.90M	USD	Point-in-time
Balance	`StockholdersEquity`	$717.80M	USD	Point-in-time
Balance	`StockholdersEquity`	$726.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$589.70M	USD	Point-in-time
Balance	`StockholdersEquityAdjustedBalance`	$598.86M	USD	Point-in-time
Net income	`NetIncomeLoss`	$28.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.20M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-988.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-274.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.18M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.45M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$934.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.34M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$43.24M	USD	1 Quarter
Balance	`StockholdersEquity`	$621.90M	USD	Point-in-time
Balance	`StockholdersEquity`	$717.80M	USD	Point-in-time
Balance	`StockholdersEquity`	$726.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$589.70M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$28.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.20M	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-988.00K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-274.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$18.92M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$27.97M	USD	1 Quarter

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