10-Q Filing

NETGEAR, INC. CIK: 1122904 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-054894`
Period End Date	20210930
Filing Date	20211105
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	ntgr-10q_20211003_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 68 Cash Flow Statement 70 Stockholders Equity 56 Comprehensive Income 24

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts of $1,080 and $1,081 as of October 3, 2021 and December 31, 2020, respectively	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.08M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,080 and $1,081 as of October 3, 2021 and December 31, 2020, respectively	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$346.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$283.27M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$6.86M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$8.93M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,080 and $1,081 as of October 3, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$266.53M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,080 and $1,081 as of October 3, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$337.05M	USD	Point-in-time
Inventories	`InventoryNet`	$305.13M	USD	Point-in-time
Inventories	`InventoryNet`	$172.11M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$893.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$900.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$14.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.08M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$29.41M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$25.16M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.99M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$3.90M	USD	Point-in-time
Goodwill	`Goodwill`	$80.72M	USD	Point-in-time
Goodwill	`Goodwill`	$80.72M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$76.49M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$82.75M	USD	Point-in-time
Total assets	`Assets`	$1.11B	USD	Point-in-time
Total assets	`Assets`	$1.10B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$75.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$90.90M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$35.02M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$22.36M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$218.38M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$230.18M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.73M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$13.46M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$7.32M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$345.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$365.07M	USD	Point-in-time
Non-current income taxes payable	`AccruedIncomeTaxesNoncurrent`	$19.17M	USD	Point-in-time
Non-current income taxes payable	`AccruedIncomeTaxesNoncurrent`	$20.74M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$20.63M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$25.51M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$6.90M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$3.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$416.65M	USD	Point-in-time
Total liabilities	`Liabilities`	$390.23M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$30.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$30.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$916.68M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$882.71M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-207.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-193.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$708.86M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.38M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.10B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.11B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$290.15M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$888.13M	USD	3 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$378.11M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$916.89M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$627.09M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$264.62M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$203.31M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$625.75M	USD	3 Qtrs
Gross profit	`GrossProfit`	$86.84M	USD	1 Quarter
Gross profit	`GrossProfit`	$261.04M	USD	3 Qtrs
Gross profit	`GrossProfit`	$113.49M	USD	1 Quarter
Gross profit	`GrossProfit`	$291.14M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$24.53M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$69.89M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$65.41M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$23.47M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$107.21M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$39.79M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$109.73M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$36.18M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$45.08M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.06M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$45.08M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$16.47M	USD	1 Quarter
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-538.00K	USD	1 Quarter
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-222.00K	USD	1 Quarter
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-1.63M	USD	3 Qtrs
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-690.00K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$225.39M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$81.33M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$219.33M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$73.93M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$41.70M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$12.91M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$65.75M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$32.17M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-4.38M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-132.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$15.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-417.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.75M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.32M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.76M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.38M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.98M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.20M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.21M	USD	1 Quarter
Net income	`ProfitLoss`	$27.34M	USD	3 Qtrs
Net income	`ProfitLoss`	$9.58M	USD	1 Quarter
Net income	`ProfitLoss`	$50.38M	USD	3 Qtrs
Net income	`ProfitLoss`	$25.54M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.92	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.65	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.61	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.90	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.50M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.04M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	29.75M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.34M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.36M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.74M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$27.34M	USD	3 Qtrs
Net income	`ProfitLoss`	$9.58M	USD	1 Quarter
Net income	`ProfitLoss`	$50.38M	USD	3 Qtrs
Net income	`ProfitLoss`	$25.54M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.24M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.92M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$20.07M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$22.73M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.21M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$7.22M	USD	1 Quarter
Gain/loss on investments, net	`GainLossOnInvestments`	$-900.00K	USD	1 Quarter
Gain/loss on investments, net	`GainLossOnInvestments`	$-5.37M	USD	3 Qtrs
Gain/loss on investments, net	`GainLossOnInvestments`	$-166.00K	USD	1 Quarter
Gain/loss on investments, net	`GainLossOnInvestments`	$-174.00K	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$276.00K	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$187.00K	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.00M	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.84M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.57M	USD	3 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$3.04M	USD	3 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$700.00K	USD	1 Quarter
Provision for excess and obsolete inventory	`InventoryWriteDown`	$1.80M	USD	1 Quarter
Provision for excess and obsolete inventory	`InventoryWriteDown`	$6.35M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$62.84M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-70.53M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-84.83M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$136.06M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.98M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.68M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.86M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-15.34M	USD	3 Qtrs
Accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.65M	USD	3 Qtrs
Accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$10.92M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$6.19M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$5.67M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.06M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$5.30M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.97M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.44M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$135.06M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.50M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.11M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.92M	USD	3 Qtrs
Purchases of long-term investments	`PaymentsToAcquireOtherInvestments`	$535.00K	USD	3 Qtrs
Purchases of long-term investments	`PaymentsToAcquireOtherInvestments`	$6.30M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-20.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.43M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.41M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$53.63M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$22.51M	USD	3 Qtrs
Restricted stock unit withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.46M	USD	3 Qtrs
Restricted stock unit withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.75M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$11.02M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.91M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromStockPlans`	$4.92M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromStockPlans`	$3.88M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.36M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.26M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$110.28M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-63.19M	USD	3 Qtrs
Cash and cash equivalents, at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$346.46M	USD	Point-in-time
Cash and cash equivalents, at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$190.21M	USD	Point-in-time
Cash and cash equivalents, at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$283.27M	USD	Point-in-time
Cash and cash equivalents, at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$300.49M	USD	Point-in-time
Cash and cash equivalents, at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$346.46M	USD	Point-in-time
Cash and cash equivalents, at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$190.21M	USD	Point-in-time
Cash and cash equivalents, at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$283.27M	USD	Point-in-time
Cash and cash equivalents, at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$300.49M	USD	Point-in-time

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$723.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$708.86M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$724.42M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$608.69M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$689.38M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$597.79M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$646.27M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$606.15M	USD	Point-in-time
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-71.00K	USD	1 Quarter
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-364.00K	USD	1 Quarter
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-119.00K	USD	1 Quarter
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$350.00K	USD	1 Quarter
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$76.00K	USD	1 Quarter
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$41.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$17.83M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.58M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.17M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$25.54M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.98M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$22.96M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.34M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.21M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.96M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.17M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.90M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.22M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$57.50M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$7.50M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$25.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$22.50M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$15.01M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$32.47M	USD	1 Quarter
Repurchase of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.60M	shares	3 Qtrs
Repurchase of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	900,000.00	shares	3 Qtrs
Restricted stock unit withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.14M	USD	1 Quarter
Restricted stock unit withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.26M	USD	1 Quarter
Restricted stock unit withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.96M	USD	1 Quarter
Restricted stock unit withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.35M	USD	1 Quarter
Restricted stock unit withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.95M	USD	1 Quarter
Restricted stock unit withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.54M	USD	1 Quarter
Restricted stock unit withholdings (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	188,000.00	shares	3 Qtrs
Restricted stock unit withholdings (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	197,000.00	shares	3 Qtrs
Issuance of common stock under stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.94M	USD	1 Quarter
Issuance of common stock under stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.04M	USD	1 Quarter
Issuance of common stock under stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.14M	USD	1 Quarter
Issuance of common stock under stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.32M	USD	1 Quarter
Issuance of common stock under stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.71M	USD	1 Quarter
Issuance of common stock under stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.63M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$723.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$708.86M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$724.42M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$608.69M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$689.38M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$597.79M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$646.27M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$606.15M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$27.34M	USD	3 Qtrs
Net income	`ProfitLoss`	$9.58M	USD	1 Quarter
Net income	`ProfitLoss`	$50.38M	USD	3 Qtrs
Net income	`ProfitLoss`	$25.54M	USD	1 Quarter
Change in unrealized gains and losses on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$53.00K	USD	3 Qtrs
Change in unrealized gains and losses on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$-152.00K	USD	3 Qtrs
Change in unrealized gains and losses on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$-81.00K	USD	1 Quarter
Change in unrealized gains and losses on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$-137.00K	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-137.00K	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-81.00K	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-152.00K	USD	3 Qtrs
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$53.00K	USD	3 Qtrs
Tax benefit (provision) related to derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$7.00K	USD	3 Qtrs
Tax benefit (provision) related to derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-19.00K	USD	3 Qtrs
Tax benefit (provision) related to derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-18.00K	USD	1 Quarter
Tax benefit (provision) related to derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-10.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-133.00K	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-71.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-119.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$46.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.51M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$50.42M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.42M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$27.21M	USD	3 Qtrs

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