10-Q Filing

GARMIN LTD CIK: 1121788 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001615774-16-006457`
Period End Date	20160630
Filing Date	20160727
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	grmn-20160625.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 80 Cash Flow Statement 80 Comprehensive Income 16

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$801.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.20B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$938.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$833.07M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$252.25M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$215.16M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$510.31M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$531.48M	USD	Point-in-time
Inventories, net	`InventoryNet`	$508.16M	USD	Point-in-time
Inventories, net	`InventoryNet`	$500.55M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$49.18M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	208.08M	shares	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	208.08M	shares	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$46.55M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	208.08M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$93.85M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	208.08M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$81.64M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	189.72M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	188.88M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.21B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.21B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$450.65M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$446.09M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$445.67M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.34B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.31B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$257.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$259.00K	USD	Point-in-time
Noncurrent deferred income tax	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$116.52M	USD	Point-in-time
Noncurrent deferred income tax	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$118.32M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$38.77M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$47.53M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$303.35M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$245.55M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$97.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$88.72M	USD	Point-in-time
Total assets	`Assets`	$4.53B	USD	Point-in-time
Total assets	`Assets`	$4.50B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$151.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$178.91M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$70.60M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$68.07M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$30.45M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$34.67M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$49.54M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$67.61M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$164.98M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$150.59M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$30.31M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$44.21M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$24.53M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$33.55M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$77.44M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$74.93M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$21.67M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$24.71M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$384.76M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$192.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$866.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.01B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$54.63M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$56.21M	USD	Point-in-time
Non-current income taxes	`AccruedIncomeTaxesNoncurrent`	$101.69M	USD	Point-in-time
Non-current income taxes	`AccruedIncomeTaxesNoncurrent`	$111.66M	USD	Point-in-time
Non-current deferred revenue	`DeferredRevenueNoncurrent`	$130.34M	USD	Point-in-time
Non-current deferred revenue	`DeferredRevenueNoncurrent`	$128.73M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.64M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.68M	USD	Point-in-time
Shares, CHF 10 par value, 208,077 shares authorized and issued; 188,877 shares outstanding at June 25, 2016 and 189,722 shares outstanding at December 26, 2015	`CommonStockValue`	$1.80B	USD	Point-in-time
Shares, CHF 10 par value, 208,077 shares authorized and issued; 188,877 shares outstanding at June 25, 2016 and 189,722 shares outstanding at December 26, 2015	`CommonStockValue`	$1.80B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$73.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$62.24M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$414.64M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$445.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.93B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.79B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-30.43M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.86M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.22B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.35B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.53B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.50B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$773.83M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$811.61M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.44B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$1.36B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$348.65M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$354.58M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$595.85M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$632.84M	USD	2 Qtrs
Gross profit	`GrossProfit`	$462.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$419.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$763.37M	USD	2 Qtrs
Gross profit	`GrossProfit`	$802.81M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$76.48M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$73.47M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$45.79M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$44.25M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$103.68M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$196.30M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$199.29M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$97.55M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$215.24M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$109.24M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$114.36M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$222.56M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$252.59M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$485.01M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$262.28M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$498.33M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$304.48M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$166.66M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$278.36M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$200.67M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.88M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$8.46M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.44M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.42M	USD	1 Quarter
Foreign currency (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-44.75M	USD	2 Qtrs
Foreign currency (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-487.00K	USD	1 Quarter
Foreign currency (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.74M	USD	1 Quarter
Foreign currency (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-10.58M	USD	2 Qtrs
Other income (loss)	`OtherOperatingIncome`	$415.00K	USD	1 Quarter
Other income (loss)	`OtherOperatingIncome`	$1.57M	USD	2 Qtrs
Other income (loss)	`OtherOperatingIncome`	$698.00K	USD	2 Qtrs
Other income (loss)	`OtherOperatingIncome`	$-39.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-28.61M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$3.13M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$6.89M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$6.87M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$311.35M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$249.75M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$173.56M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$203.80M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$35.80M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$42.74M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$45.21M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$62.19M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$249.16M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$204.54M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$161.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$137.75M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.32	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.07	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.72	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.31	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.85	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.07	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	191.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.89M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	191.43M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	189.19M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.94M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.49M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.36M	shares	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$249.16M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$204.54M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$161.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$137.75M	USD	1 Quarter
Depreciation	`Depreciation`	$26.66M	USD	2 Qtrs
Depreciation	`Depreciation`	$24.91M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$13.21M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$14.85M	USD	2 Qtrs
Loss on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-420.00K	USD	2 Qtrs
Loss on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-64.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-1.50M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.55M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-6.07M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-9.32M	USD	2 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-59.05M	USD	2 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-3.20M	USD	2 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$15.89M	USD	2 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$6.57M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$19.51M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$14.74M	USD	2 Qtrs
Realized gain on marketable securities	`GainLossOnSaleOfInvestments`	$364.00K	USD	2 Qtrs
Realized gain on marketable securities	`GainLossOnSaleOfInvestments`	$188.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-24.41M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-60.02M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$45.63M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$16.67M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$74.72M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$865.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.08M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-32.29M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.81M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-53.81M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-38.84M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-13.07M	USD	2 Qtrs
Deferred cost	`IncreaseDecreaseInDeferredCharges`	$6.09M	USD	2 Qtrs
Deferred cost	`IncreaseDecreaseInDeferredCharges`	$-6.89M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.13M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-174.79M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$279.37M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-15.70M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.73M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.61M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$665.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.94M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.83M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$457.43M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$480.09M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$466.53M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$540.78M	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-2.00K	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-29.00K	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$62.14M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.63M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-84.49M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$7.09M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$193.11M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$183.93M	USD	2 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	$57.30M	USD	2 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	$45.10M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$240.00K	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$173.00K	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$8.97M	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$8.56M	USD	2 Qtrs
Tax benefit from issuance of equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.00K	USD	2 Qtrs
Tax benefit from issuance of equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.24M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-229.41M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-231.66M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.92M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-17.81M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-258.08M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-31.61M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$801.46M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.20B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$938.18M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$833.07M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$801.46M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.20B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$938.18M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$833.07M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$249.16M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$204.54M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$161.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$137.75M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$12.16M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$17.72M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.90M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.47M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.57M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$16.86M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-10.22M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.03M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$226.05M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$145.25M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$278.18M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$174.53M	USD	1 Quarter

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