10-Q Filing

GARMIN LTD CIK: 1121788 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001615774-18-011588`
Period End Date	20180930
Filing Date	20181031
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	grmn-20180929.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 80 Cash Flow Statement 76 Comprehensive Income 16

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$891.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$161.69M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$173.70M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$467.78M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$590.88M	USD	Point-in-time
Inventories	`InventoryNet`	$517.64M	USD	Point-in-time
Inventories	`InventoryNet`	$556.64M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$28.23M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$30.52M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$153.91M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$117.87M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.40B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.35B	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	188.19M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	188.81M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$554.44M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$650.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$595.68M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$271.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$145.00K	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.26B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.30B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$186.44M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$195.98M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$33.03M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$29.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$409.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$424.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$102.33M	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`	$5.10B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$197.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$169.64M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$101.19M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$102.80M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$36.83M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$35.96M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$93.25M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$59.71M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$103.14M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$97.60M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$32.20M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$27.21M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$24.21M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$30.99M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$93.65M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$67.43M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$33.64M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$43.52M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$95.97M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$200.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$792.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$854.03M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$82.85M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$76.61M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$138.29M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$126.89M	USD	Point-in-time
Noncurrent deferred revenue	`DeferredRevenueNoncurrent`	$87.06M	USD	Point-in-time
Noncurrent deferred revenue	`DeferredRevenueNoncurrent`	$77.63M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.79M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.86M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 188,809 shares outstanding at September 29, 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; 188,809 shares outstanding at September 29, 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`	$1.84B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$433.27M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$468.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.42B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.52B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.73M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.62M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$56.43M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.95B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.85B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.10B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.95B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$751.24M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.22B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$810.01M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.42B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$329.26M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$313.72M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$929.78M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$984.78M	USD	3 Qtrs
Gross profit	`GrossProfit`	$437.52M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.29B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.43B	USD	3 Qtrs
Gross profit	`GrossProfit`	$480.75M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$31.14M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$32.45M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$105.98M	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$100.00M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$352.23M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$101.79M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$309.10M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$114.67M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$379.08M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$129.63M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$422.65M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$138.98M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$874.88M	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$263.88M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$284.79M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$794.16M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$173.65M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$195.96M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$555.67M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$500.30M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$26.93M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.21M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$32.31M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$11.09M	USD	1 Quarter
Foreign currency (losses) gains	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.40M	USD	3 Qtrs
Foreign currency (losses) gains	`ForeignCurrencyTransactionGainLossBeforeTax`	$-6.87M	USD	1 Quarter
Foreign currency (losses) gains	`ForeignCurrencyTransactionGainLossBeforeTax`	$8.58M	USD	1 Quarter
Foreign currency (losses) gains	`ForeignCurrencyTransactionGainLossBeforeTax`	$-13.81M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$6.80M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$-805.00K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$-1.52M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$1.15M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$16.27M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$5.37M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$12.32M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$35.70M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$201.33M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$189.91M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$512.62M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$591.38M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$87.44M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$38.84M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-53.84M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$17.11M	USD	1 Quarter
Net income	`NetIncomeLoss`	$566.46M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$503.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$184.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$151.07M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.98	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.01	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.81	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.67	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.80	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.00	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.97	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.66	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	187.62M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	187.90M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.55M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.67M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.49M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.59M	shares	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.04	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.12	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$566.46M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$503.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$184.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$151.07M	USD	1 Quarter
Depreciation	`Depreciation`	$44.01M	USD	3 Qtrs
Depreciation	`Depreciation`	$47.90M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$19.69M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$23.57M	USD	3 Qtrs
Gain on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$184.00K	USD	3 Qtrs
Gain on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$491.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$551.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.26M	USD	3 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$16.50M	USD	3 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$17.72M	USD	3 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-17.79M	USD	3 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-4.16M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$20.18M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-143.31M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$32.44M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$42.09M	USD	3 Qtrs
Realized losses on marketable securities	`GainLossOnSaleOfInvestments`	$-481.00K	USD	3 Qtrs
Realized losses on marketable securities	`GainLossOnSaleOfInvestments`	$-594.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-84.98M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-111.95M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$69.14M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$86.63M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.10M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$9.63M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-24.53M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.60M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-37.40M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-57.24M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-21.48M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-14.92M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-3.46M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-5.58M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$27.04M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-724.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$462.58M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$701.78M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$85.21M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$122.85M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$264.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.30M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$9.07M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.98M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$438.05M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$314.18M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$455.38M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$229.07M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.40M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$29.17M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-238.81M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-89.09M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$287.32M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$296.15M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$10.32M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$14.52M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$6.91M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$3.59M	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	$74.52M	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-288.53M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-355.11M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$26.02M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-9.65M	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$44.40M	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$164.78M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$847.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$891.40M	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`	$1.06B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$847.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$891.40M	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`	$1.06B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$566.46M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$503.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$184.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$151.07M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.94M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.69M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$71.59M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-30.31M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$536.00K	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.17M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-21.04M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$11.94M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$452.58M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$157.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$179.11M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$649.99M	USD	3 Qtrs

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