10-Q Filing

GARMIN LTD CIK: 1121788 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001615774-18-007281`
Period End Date	20180630
Filing Date	20180801
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	grmn-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 76 Cash Flow Statement 76 Comprehensive Income 16

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$946.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$891.49M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$161.69M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$173.32M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$590.88M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$533.08M	USD	Point-in-time
Inventories	`InventoryNet`	$501.49M	USD	Point-in-time
Inventories	`InventoryNet`	$517.64M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$30.52M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$31.92M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$137.12M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$153.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.32B	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	188.19M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.35B	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	188.80M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$637.25M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$595.68M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$517.29M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$271.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$211.00K	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.30B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.26B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$195.98M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$188.10M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$30.66M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$33.03M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$409.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$409.46M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$97.01M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$107.35M	USD	Point-in-time
Total assets	`Assets`	$4.95B	USD	Point-in-time
Total assets	`Assets`	$4.99B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$169.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$166.50M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$95.97M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$102.80M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$38.43M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$36.83M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$93.25M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$65.48M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$103.14M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$98.53M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$32.20M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$28.21M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$29.06M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$30.99M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$66.78M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$93.65M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$40.02M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$33.64M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$300.19M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$95.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$792.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$929.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$76.61M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$74.09M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$140.58M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$138.29M	USD	Point-in-time
Noncurrent deferred revenue	`DeferredRevenueNoncurrent`	$87.06M	USD	Point-in-time
Noncurrent deferred revenue	`DeferredRevenueNoncurrent`	$84.16M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.86M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.79M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 188,797 shares outstanding at June 30, 2018; and 188,189 shares outstanding at December 30, 2017;	`CommonStockValue`	$17.98M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 188,797 shares outstanding at June 30, 2018; and 188,189 shares outstanding at December 30, 2017;	`CommonStockValue`	$17.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.83B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.83B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$468.82M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$433.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.34B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.42B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.73M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$56.43M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$64.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.85B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.76B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.99B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.95B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.47B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$894.45M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$831.49M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.61B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$616.06M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$655.52M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$371.18M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$347.36M	USD	1 Quarter
Gross profit	`GrossProfit`	$856.94M	USD	2 Qtrs
Gross profit	`GrossProfit`	$949.80M	USD	2 Qtrs
Gross profit	`GrossProfit`	$523.27M	USD	1 Quarter
Gross profit	`GrossProfit`	$484.13M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$68.86M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$42.01M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$73.53M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$43.55M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$120.50M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$105.25M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$207.30M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$237.56M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$141.71M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$127.25M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$283.67M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$249.45M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$274.51M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$590.10M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$530.29M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$305.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$359.71M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$217.51M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$209.62M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$326.65M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$17.72M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.28M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$10.99M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$21.22M	USD	2 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-22.39M	USD	2 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.46M	USD	2 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.65M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$15.11M	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$314.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$4.92M	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$5.65M	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$715.00K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.95M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$24.70M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$30.34M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$18.56M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$390.05M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$322.70M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$236.07M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$234.33M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$70.33M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$57.35M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-92.68M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$45.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$176.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$415.38M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$319.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$190.34M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.70	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.21	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.20	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.43M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	187.97M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	187.76M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.54M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.38M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.49M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.46M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.69M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$176.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$415.38M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$319.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$190.34M	USD	1 Quarter
Depreciation	`Depreciation`	$29.56M	USD	2 Qtrs
Depreciation	`Depreciation`	$31.80M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$13.27M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$16.42M	USD	2 Qtrs
Gain on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.04M	USD	2 Qtrs
Gain on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$56.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$351.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$616.00K	USD	2 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$11.07M	USD	2 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$11.72M	USD	2 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-2.40M	USD	2 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-26.32M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$11.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-159.38M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$20.39M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$27.75M	USD	2 Qtrs
Realized losses on marketable securities	`GainLossOnSaleOfInvestments`	$-231.00K	USD	2 Qtrs
Realized losses on marketable securities	`GainLossOnSaleOfInvestments`	$-584.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-23.79M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-48.10M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$34.62M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.67M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.84M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.33M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-20.94M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.62M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-49.24M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-48.16M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-15.64M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-7.48M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-2.89M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-962.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$33.00M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.35M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$438.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$263.83M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$93.07M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.81M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.28M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$121.00K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.45M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$6.34M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$209.39M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$243.88M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$278.72M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$127.15M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.50M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.42M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-185.89M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.69M	USD	2 Qtrs
Dividends	`PaymentsOfDividends`	$191.69M	USD	2 Qtrs
Dividends	`PaymentsOfDividends`	$196.09M	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$10.32M	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$14.14M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$6.90M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$3.58M	USD	2 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	$63.96M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-248.91M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-188.84M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$16.46M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-8.22M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$12.68M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$55.11M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$859.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$946.87M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$891.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$847.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$859.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$946.87M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$891.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$847.00M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$176.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$415.38M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$319.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$190.34M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-49.87M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.37M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.29M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$65.90M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.84M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$11.40M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.50M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-19.88M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$184.77M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$273.47M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$492.69M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$135.63M	USD	1 Quarter

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