10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001668397-23-000043 |
| Period End Date | 20230630 |
| Filing Date | 20230725 |
| Fiscal Year | 2023 |
| Fiscal Period | Q2 |
| XBRL Instance | medp-20230630_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
90 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.14M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$28.27M | USD | Point-in-time |
| Accounts receivable and unbilled, net (includes $4.6 million and $7.7 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
ReceivablesNetCurrent
|
$253.40M | USD | Point-in-time |
| Accounts receivable and unbilled, net (includes $4.6 million and $7.7 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
ReceivablesNetCurrent
|
$275.06M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$52.29M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$64.73M | USD | Point-in-time |
| Accounts receivable and unbilled, net |
ReceivablesNetCurrent
|
$253.40M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$333.96M | USD | Point-in-time |
| Accounts receivable and unbilled, net |
ReceivablesNetCurrent
|
$275.06M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$378.93M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$114.82M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$33.61M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$33.07M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$109.85M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$139.07M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$139.86M | USD | Point-in-time |
| Advanced billings |
ContractWithCustomerLiabilityCurrent
|
$490.56M | USD | Point-in-time |
| Advanced billings |
ContractWithCustomerLiabilityCurrent
|
$462.73M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$662.40M | USD | Point-in-time |
| Other current liabilities (includes $9.0 million and $12.5 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
OtherLiabilitiesCurrent
|
$41.35M | USD | Point-in-time |
| Other current liabilities (includes $9.0 million and $12.5 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
OtherLiabilitiesCurrent
|
$47.55M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$662.40M | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$36.91M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$38.01M | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock shares authorized (in shares) |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Preferred stock shares authorized (in shares) |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$51.77M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$48.08M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$21.13M | USD | Point-in-time |
| Preferred stock shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$22.26M | USD | Point-in-time |
| Preferred stock shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Total assets |
Assets
|
$1.41B | USD | Point-in-time |
| Total assets |
Assets
|
$1.35B | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock shares authorized (in shares) |
CommonStockSharesAuthorized
|
250.00M | shares | Point-in-time |
| Common stock shares authorized (in shares) |
CommonStockSharesAuthorized
|
250.00M | shares | Point-in-time |
| Accounts payable (includes $4.7 million and $0.3 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
AccountsPayableCurrent
|
$33.61M | USD | Point-in-time |
| Common stock shares issued (in shares) |
CommonStockSharesIssued
|
30.56M | shares | Point-in-time |
| Accounts payable (includes $4.7 million and $0.3 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
AccountsPayableCurrent
|
$33.07M | USD | Point-in-time |
| Common stock shares issued (in shares) |
CommonStockSharesIssued
|
31.09M | shares | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$231.93M | USD | Point-in-time |
| Common stock shares outstanding (in shares) |
CommonStockSharesOutstanding
|
30.56M | shares | Point-in-time |
| Common stock shares outstanding (in shares) |
CommonStockSharesOutstanding
|
31.09M | shares | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$210.12M | USD | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockCommonShares
|
70,573.00 | shares | Point-in-time |
| Advanced billings (includes $14.3 million and $8.8 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
ContractWithCustomerLiabilityCurrent
|
$490.56M | USD | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockCommonShares
|
71,573.00 | shares | Point-in-time |
| Advanced billings (includes $14.3 million and $8.8 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
ContractWithCustomerLiabilityCurrent
|
$462.73M | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$55.00M | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$50.00M | USD | Point-in-time |
| Other current liabilities (includes $9.0 million and $12.5 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
OtherLiabilitiesCurrent
|
$41.35M | USD | Point-in-time |
| Other current liabilities (includes $9.0 million and $12.5 million with related parties at June 30, 2023 and December 31, 2022, respectively) |
OtherLiabilitiesCurrent
|
$47.55M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$803.47M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$852.44M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$139.39M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$138.87M | USD | Point-in-time |
| Deferred income tax liability |
DeferredIncomeTaxLiabilitiesNet
|
$1.10M | USD | Point-in-time |
| Deferred income tax liability |
DeferredIncomeTaxLiabilitiesNet
|
$1.07M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$22.95M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$22.70M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.02B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$966.11M | USD | Point-in-time |
| Commitments and contingencies (see Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (see Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock - $0.01 par-value; 250,000,000 shares authorized at June 30, 2023 and December 31, 2022, respectively; 30,562,773 and 31,091,694 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$309.00K | USD | Point-in-time |
| Common stock - $0.01 par-value; 250,000,000 shares authorized at June 30, 2023 and December 31, 2022, respectively; 30,562,773 and 31,091,694 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$306.00K | USD | Point-in-time |
| Treasury stock - 70,573 and 71,573 shares at June 30, 2023 and December 31, 2022, respectively |
TreasuryStockValue
|
$12.50M | USD | Point-in-time |
| Treasury stock - 70,573 and 71,573 shares at June 30, 2023 and December 31, 2022, respectively |
TreasuryStockValue
|
$12.32M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$770.79M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$785.29M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-359.83M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-371.02M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-11.19M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-12.39M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$283.25M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$952.93M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$386.39M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$347.26M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$605.02M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$391.06M | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$1.41B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$1.35B | USD | Point-in-time |
Income Statement
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$460.87M | USD | 1 Quarter |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$894.94M | USD | 2 Qtrs |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$351.21M | USD | 1 Quarter |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$682.15M | USD | 2 Qtrs |
| Revenue, net (includes $13.3 million and $17.2 million with related parties for the three months ended June 30, 2023 and 2022, respectively, and $29.1 million and $30.5 million with related parties for the six months ended June 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$460.87M | USD | 1 Quarter |
| Revenue, net (includes $13.3 million and $17.2 million with related parties for the three months ended June 30, 2023 and 2022, respectively, and $29.1 million and $30.5 million with related parties for the six months ended June 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$894.94M | USD | 2 Qtrs |
| Revenue, net (includes $13.3 million and $17.2 million with related parties for the three months ended June 30, 2023 and 2022, respectively, and $29.1 million and $30.5 million with related parties for the six months ended June 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$351.21M | USD | 1 Quarter |
| Revenue, net (includes $13.3 million and $17.2 million with related parties for the three months ended June 30, 2023 and 2022, respectively, and $29.1 million and $30.5 million with related parties for the six months ended June 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$682.15M | USD | 2 Qtrs |
| Total direct costs |
DirectOperatingCosts
|
$336.55M | USD | 1 Quarter |
| Total direct costs |
DirectOperatingCosts
|
$640.44M | USD | 2 Qtrs |
| Total direct costs |
DirectOperatingCosts
|
$484.48M | USD | 2 Qtrs |
| Total direct costs |
DirectOperatingCosts
|
$252.21M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$33.22M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$39.40M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$77.43M | USD | 2 Qtrs |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$62.58M | USD | 2 Qtrs |
| Depreciation |
Depreciation
|
$5.97M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$11.38M | USD | 2 Qtrs |
| Depreciation |
Depreciation
|
$4.71M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$8.98M | USD | 2 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$1.68M | USD | 2 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$550.00K | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$1.10M | USD | 2 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$838.00K | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$382.48M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$290.97M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$557.72M | USD | 2 Qtrs |
| Total operating expenses |
CostsAndExpenses
|
$730.35M | USD | 2 Qtrs |
| Income from operations |
OperatingIncomeLoss
|
$78.39M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$164.60M | USD | 2 Qtrs |
| Income from operations |
OperatingIncomeLoss
|
$60.24M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$124.44M | USD | 2 Qtrs |
| Miscellaneous (expense) income, net |
OtherNonoperatingIncomeExpense
|
$-1.28M | USD | 1 Quarter |
| Miscellaneous (expense) income, net |
OtherNonoperatingIncomeExpense
|
$3.38M | USD | 2 Qtrs |
| Miscellaneous (expense) income, net |
OtherNonoperatingIncomeExpense
|
$2.31M | USD | 1 Quarter |
| Miscellaneous (expense) income, net |
OtherNonoperatingIncomeExpense
|
$-596.00K | USD | 2 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-548.00K | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-2.23M | USD | 2 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-494.00K | USD | 2 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-1.37M | USD | 1 Quarter |
| Total other (expense) income, net |
NonoperatingIncomeExpense
|
$-2.82M | USD | 2 Qtrs |
| Total other (expense) income, net |
NonoperatingIncomeExpense
|
$1.76M | USD | 1 Quarter |
| Total other (expense) income, net |
NonoperatingIncomeExpense
|
$-2.65M | USD | 1 Quarter |
| Total other (expense) income, net |
NonoperatingIncomeExpense
|
$2.88M | USD | 2 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$75.74M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$127.32M | USD | 2 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$62.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$161.77M | USD | 2 Qtrs |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$27.81M | USD | 2 Qtrs |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$12.64M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$16.65M | USD | 2 Qtrs |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$14.68M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$133.96M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$49.36M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$61.07M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$110.67M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$72.89M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$61.31M | USD | 1 Quarter |
| Earnings per share, basic (in dollars per share) |
EarningsPerShareBasic
|
$3.28 | USD | 2 Qtrs |
| Earnings per share, basic (in dollars per share) |
EarningsPerShareBasic
|
$2.00 | USD | 1 Quarter |
| Earnings per share, basic (in dollars per share) |
EarningsPerShareBasic
|
$4.35 | USD | 2 Qtrs |
| Earnings per share, basic (in dollars per share) |
EarningsPerShareBasic
|
$1.52 | USD | 1 Quarter |
| Earnings per share, diluted (in dollars per share) |
EarningsPerShareDiluted
|
$3.16 | USD | 2 Qtrs |
| Earnings per share, diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.46 | USD | 1 Quarter |
| Earnings per share, diluted (in dollars per share) |
EarningsPerShareDiluted
|
$4.20 | USD | 2 Qtrs |
| Earnings per share, diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.93 | USD | 1 Quarter |
| Weighted average number of shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
32.49M | shares | 1 Quarter |
| Weighted average number of shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
33.70M | shares | 2 Qtrs |
| Weighted average number of shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
30.54M | shares | 1 Quarter |
| Weighted average number of shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
30.77M | shares | 2 Qtrs |
| Weighted average number of shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.03M | shares | 2 Qtrs |
| Weighted average number of shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
31.86M | shares | 2 Qtrs |
| Weighted average number of shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
33.70M | shares | 1 Quarter |
| Weighted average number of shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
31.57M | shares | 1 Quarter |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$133.96M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$49.36M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$61.07M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$110.67M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$72.89M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$61.31M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$5.97M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$11.38M | USD | 2 Qtrs |
| Depreciation |
Depreciation
|
$4.71M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$8.98M | USD | 2 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$1.68M | USD | 2 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$550.00K | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$1.10M | USD | 2 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$838.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$5.65M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$4.91M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$10.34M | USD | 2 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
$10.03M | USD | 2 Qtrs |
| Noncash lease expense |
NonCashLeaseExpense
|
$8.96M | USD | 2 Qtrs |
| Noncash lease expense |
NonCashLeaseExpense
|
$9.66M | USD | 2 Qtrs |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-1.44M | USD | 2 Qtrs |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-3.71M | USD | 2 Qtrs |
| Other |
OtherNoncashIncomeExpense
|
$899.00K | USD | 2 Qtrs |
| Other |
OtherNoncashIncomeExpense
|
$633.00K | USD | 2 Qtrs |
| Accounts receivable and unbilled, net |
IncreaseDecreaseInReceivables
|
$39.06M | USD | 2 Qtrs |
| Accounts receivable and unbilled, net |
IncreaseDecreaseInReceivables
|
$21.73M | USD | 2 Qtrs |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$11.83M | USD | 2 Qtrs |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$18.79M | USD | 2 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.55M | USD | 2 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.34M | USD | 2 Qtrs |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$15.64M | USD | 2 Qtrs |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$21.26M | USD | 2 Qtrs |
| Advanced billings |
IncreaseDecreaseInContractWithCustomerLiability
|
$56.73M | USD | 2 Qtrs |
| Advanced billings |
IncreaseDecreaseInContractWithCustomerLiability
|
$27.83M | USD | 2 Qtrs |
| Lease liabilities |
IncreaseDecreaseInOperatingLeaseLiabilities
|
$-9.38M | USD | 2 Qtrs |
| Lease liabilities |
IncreaseDecreaseInOperatingLeaseLiabilities
|
$-7.71M | USD | 2 Qtrs |
| Other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$4.73M | USD | 2 Qtrs |
| Other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$7.72M | USD | 2 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$142.88M | USD | 2 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$162.59M | USD | 2 Qtrs |
| Property and equipment expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$17.96M | USD | 2 Qtrs |
| Property and equipment expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$20.46M | USD | 2 Qtrs |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.88M | USD | 2 Qtrs |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$11.00K | USD | 2 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-17.97M | USD | 2 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-22.34M | USD | 2 Qtrs |
| Proceeds from stock option exercises |
ProceedsFromStockOptionsExercised
|
$4.13M | USD | 2 Qtrs |
| Proceeds from stock option exercises |
ProceedsFromStockOptionsExercised
|
$15.42M | USD | 2 Qtrs |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$800.67M | USD | 2 Qtrs |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$144.02M | USD | 2 Qtrs |
| Proceeds from revolving loan |
ProceedsFromLinesOfCredit
|
$299.20M | USD | 2 Qtrs |
| Proceeds from revolving loan |
ProceedsFromLinesOfCredit
|
$105.00M | USD | 2 Qtrs |
| Payments on revolving loan |
RepaymentsOfLinesOfCredit
|
$49.50M | USD | 2 Qtrs |
| Payments on revolving loan |
RepaymentsOfLinesOfCredit
|
$100.00M | USD | 2 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-535.55M | USD | 2 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-134.89M | USD | 2 Qtrs |
| EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.14M | USD | 2 Qtrs |
| EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-3.75M | USD | 2 Qtrs |
| INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$10.87M | USD | 2 Qtrs |
| INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-418.75M | USD | 2 Qtrs |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.27M | USD | Point-in-time |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$39.14M | USD | Point-in-time |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$461.30M | USD | Point-in-time |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$42.55M | USD | Point-in-time |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.27M | USD | Point-in-time |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$39.14M | USD | Point-in-time |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$461.30M | USD | Point-in-time |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$42.55M | USD | Point-in-time |
| Acquisition of property and equipmentnon-cash |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
$5.85M | USD | 2 Qtrs |
| Acquisition of property and equipmentnon-cash |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
$7.44M | USD | 2 Qtrs |
Stockholders Equity
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance, beginning of period |
StockholdersEquity
|
$283.25M | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquity
|
$952.93M | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquity
|
$386.39M | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquity
|
$347.26M | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquity
|
$605.02M | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquity
|
$391.06M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$133.96M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$49.36M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$61.07M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$110.67M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$72.89M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$61.31M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.54M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-5.13M | USD | 2 Qtrs |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$120.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.20M | USD | 2 Qtrs |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-3.58M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.08M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$5.44M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$5.65M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$4.37M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$4.91M | USD | 1 Quarter |
| Stock options exercised |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$1.52M | USD | 1 Quarter |
| Stock options exercised |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$1.70M | USD | 1 Quarter |
| Stock options exercised |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$2.46M | USD | 1 Quarter |
| Stock options exercised |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$13.90M | USD | 1 Quarter |
| Repurchases of common stock |
StockRepurchasedDuringPeriodValue
|
$425.95M | USD | 1 Quarter |
| Repurchases of common stock |
StockRepurchasedDuringPeriodValue
|
$121.00M | USD | 1 Quarter |
| Repurchases of common stock |
StockRepurchasedDuringPeriodValue
|
$374.72M | USD | 1 Quarter |
| Repurchases of common stock |
StockRepurchasedDuringPeriodValue
|
$23.99M | USD | 1 Quarter |
| Retirement of treasury stock |
TreasuryStockRetiredParValueMethodAmount
|
- | USD | 1 Quarter |
| Re-issuance of treasury stock |
StockIssuedDuringPeriodValueTreasuryStockReissued
|
- | USD | 1 Quarter |
| Balance, end of period |
StockholdersEquity
|
$283.25M | USD | Point-in-time |
| Balance, end of period |
StockholdersEquity
|
$952.93M | USD | Point-in-time |
| Balance, end of period |
StockholdersEquity
|
$386.39M | USD | Point-in-time |
| Balance, end of period |
StockholdersEquity
|
$347.26M | USD | Point-in-time |
| Balance, end of period |
StockholdersEquity
|
$605.02M | USD | Point-in-time |
| Balance, end of period |
StockholdersEquity
|
$391.06M | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$133.96M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$49.36M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$61.07M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$110.67M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$72.89M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$61.31M | USD | 1 Quarter |
| Foreign currency translation adjustments, net of taxes |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.54M | USD | 1 Quarter |
| Foreign currency translation adjustments, net of taxes |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-5.13M | USD | 2 Qtrs |
| Foreign currency translation adjustments, net of taxes |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$120.00K | USD | 1 Quarter |
| Foreign currency translation adjustments, net of taxes |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.20M | USD | 2 Qtrs |
| Foreign currency translation adjustments, net of taxes |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-3.58M | USD | 1 Quarter |
| Foreign currency translation adjustments, net of taxes |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.08M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$45.78M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$105.55M | USD | 2 Qtrs |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$61.19M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$135.16M | USD | 2 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.