2023 Q4 Form 10-K Financial Statement

#000103130824000002 Filed on February 27, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $310.6M $1.228B
YoY Change 8.26% 11.77%
Cost Of Revenue $67.80M $266.1M
YoY Change 8.73% 12.27%
Gross Profit $242.8M $962.3M
YoY Change 8.12% 11.63%
Gross Profit Margin 78.18% 78.34%
Selling, General & Admin $113.5M $405.1M
YoY Change 13.92% 9.4%
% of Gross Profit 46.73% 42.09%
Research & Development $71.24M $274.6M
YoY Change 4.93% 6.5%
% of Gross Profit 29.33% 28.54%
Depreciation & Amortization $19.07M $71.86M
YoY Change 6.6% 0.45%
% of Gross Profit 7.85% 7.47%
Operating Expenses $202.5M $731.8M
YoY Change 10.14% 11.99%
Operating Profit $40.36M $230.5M
YoY Change -0.98% 10.51%
Interest Expense -$16.19M -$39.79M
YoY Change 229.78% -213.51%
% of Operating Profit -40.12% -17.26%
Other Income/Expense, Net $2.263M -$7.222M
YoY Change -31.45% -129.72%
Pretax Income $14.17M $16.65M
YoY Change -63.8% -83.04%
Income Tax -$165.3M -$143.2M
% Of Pretax Income -1166.56% -860.2%
Net Earnings $179.6M $326.8M
YoY Change 598.41% 86.97%
Net Earnings / Revenue 57.81% 26.6%
Basic Earnings Per Share $1.05
Diluted Earnings Per Share $0.54 $1.00
COMMON SHARES
Basic Shares Outstanding 312.4M shares
Diluted Shares Outstanding 332.5M shares

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.41M $68.41M
YoY Change -4.56% -4.56%
Cash & Equivalents $68.41M $68.41M
Short-Term Investments
Other Short-Term Assets $57.61M $57.61M
YoY Change 0.82% 0.82%
Inventory
Prepaid Expenses
Receivables $293.5M $293.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $419.6M $419.6M
YoY Change 0.88% 0.88%
LONG-TERM ASSETS
Property, Plant & Equipment $78.58M $78.58M
YoY Change 8.38% 8.38%
Goodwill $2.269B
YoY Change 1.44%
Intangibles $248.8M
YoY Change -14.88%
Long-Term Investments $2.436M $23.48M
YoY Change 2437.5% 5.43%
Other Assets $67.28M $280.1M
YoY Change -6.87% 124.3%
Total Long-Term Assets $2.900B $2.900B
YoY Change 5.5% 5.5%
TOTAL ASSETS
Total Short-Term Assets $419.6M $419.6M
Total Long-Term Assets $2.900B $2.900B
Total Assets $3.320B $3.320B
YoY Change 4.89% 4.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.09M $18.09M
YoY Change 19.23% 19.23%
Accrued Expenses $457.3M $160.6M
YoY Change 26.32% 13.12%
Deferred Revenue $253.8M
YoY Change 11.82%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00M $10.00M
YoY Change 100.0% 100.0%
Total Short-Term Liabilities $760.4M $760.4M
YoY Change 21.01% 21.01%
LONG-TERM LIABILITIES
Long-Term Debt $1.518B $1.518B
YoY Change -14.49% -14.49%
Other Long-Term Liabilities $5.378M $147.4M
YoY Change -26.88% 8.16%
Total Long-Term Liabilities $1.524B $1.666B
YoY Change -14.54% -12.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $760.4M $760.4M
Total Long-Term Liabilities $1.524B $1.666B
Total Liabilities $2.436B $2.437B
YoY Change -6.01% -6.01%
SHAREHOLDERS EQUITY
Retained Earnings -$161.9M
YoY Change -56.34%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $883.3M $883.3M
YoY Change
Total Liabilities & Shareholders Equity $3.320B $3.320B
YoY Change 4.89% 4.89%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $179.6M $326.8M
YoY Change 598.41% 86.97%
Depreciation, Depletion And Amortization $19.07M $71.86M
YoY Change 6.6% 0.45%
Cash From Operating Activities $87.05M $416.7M
YoY Change 140.97% 51.9%
INVESTING ACTIVITIES
Capital Expenditures $6.096M $25.00M
YoY Change 9.56% 34.81%
Acquisitions $26.02M
YoY Change -96.5%
Other Investing Activities -$3.163M -$35.50M
YoY Change -86.89% -424.1%
Cash From Investing Activities -$9.259M -$60.50M
YoY Change -68.81% -92.14%
FINANCING ACTIVITIES
Cash Dividend Paid $58.76M
YoY Change 70.34%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -79.06M -$359.1M
YoY Change 578.12% -247.75%
NET CHANGE
Cash From Operating Activities 87.05M $416.7M
Cash From Investing Activities -9.259M -$60.50M
Cash From Financing Activities -79.06M -$359.1M
Net Change In Cash -1.261M -$3.272M
YoY Change -75.82% -98.73%
FREE CASH FLOW
Cash From Operating Activities $87.05M $416.7M
Capital Expenditures $6.096M $25.00M
Free Cash Flow $80.96M $391.7M
YoY Change 164.89% 53.14%

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<div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications of prior period amounts have been made to conform to the current period presentation.</span></div>
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CY2022 us-gaap Advertising Expense
AdvertisingExpense
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CY2021 us-gaap Advertising Expense
AdvertisingExpense
2396000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2023 us-gaap Provision For Doubtful Accounts
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6651000 usd
CY2022 us-gaap Provision For Doubtful Accounts
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5549000 usd
CY2023 bsy Accounts Receivable Allowance For Credit Loss Writeoff Recovery
AccountsReceivableAllowanceForCreditLossWriteoffRecovery
7106000 usd
CY2022 bsy Accounts Receivable Allowance For Credit Loss Writeoff Recovery
AccountsReceivableAllowanceForCreditLossWriteoffRecovery
2317000 usd
CY2023 bsy Accounts Receivable Allowance For Credit Loss Foreign Currency Translation Adjustments
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslationAdjustments
117000 usd
CY2022 bsy Accounts Receivable Allowance For Credit Loss Foreign Currency Translation Adjustments
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslationAdjustments
-470000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
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8965000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2023 us-gaap Concentration Risk Credit Risk
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span> — Financial instruments that potentially subject the Company to concentration of credit risk consist primarily of its cash and cash equivalents, and receivables. To reduce credit risk, the Company performs ongoing credit evaluations of its customers and limits the amount of credit extended when deemed necessary. Generally, the Company requires no collateral from its customers. The Company maintains an allowance for potential credit losses, but historically has not experienced any significant losses related to individual customers or groups of customers in any particular industry or geographic region.<div style="margin-bottom:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s cash and cash equivalents are deposited with financial institutions and invested in money market funds that the Company believes are of high credit quality.</span></div>
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1228413000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1099082000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1228413000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1099082000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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965046000 usd
CY2023 us-gaap Capitalized Contract Cost Impairment Loss
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CY2022 us-gaap Capitalized Contract Cost Impairment Loss
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CY2023Q4 us-gaap Contract With Customer Liability
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269647000 usd
CY2022Q4 us-gaap Contract With Customer Liability
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CY2023 bsy Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
237193000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
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P12M
CY2023Q4 us-gaap Escrow Deposit
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11732000 usd
CY2023 us-gaap Goodwill Other Increase Decrease
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486000 usd
CY2023Q4 us-gaap Goodwill
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CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets
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2151000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets
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CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets
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109958000 usd
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PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
51864000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
77707000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
40100000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
32251000 usd
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12368000 usd
CY2022 us-gaap Depreciation Nonproduction
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10706000 usd
CY2021 us-gaap Depreciation Nonproduction
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11217000 usd
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CY2021 us-gaap Tangible Asset Impairment Charges
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CY2022 us-gaap Tangible Asset Impairment Charges
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CY2021Q4 us-gaap Goodwill
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CY2022Q4 us-gaap Goodwill
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12704000 usd
CY2022 us-gaap Cost Of Goods And Services Sold Amortization
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CY2023 us-gaap Amortization Of Intangible Assets
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CY2022 us-gaap Amortization Of Intangible Assets
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CY2021 us-gaap Amortization Of Intangible Assets
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25601000 usd
CY2023 bsy Cost Amortization And Amortization Of Intangible Assets
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CY2022 bsy Cost Amortization And Amortization Of Intangible Assets
CostAmortizationAndAmortizationOfIntangibleAssets
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CY2021 bsy Cost Amortization And Amortization Of Intangible Assets
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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35125000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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21044000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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CY2023Q4 us-gaap Equity Method Investments
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CY2022Q4 us-gaap Equity Method Investments
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CY2023Q4 us-gaap Investments
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23480000 usd
CY2022Q4 us-gaap Investments
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22270000 usd
CY2023 bsy Cost Method Investment Impairment
CostMethodInvestmentImpairment
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CY2022 bsy Cost Method Investment Impairment
CostMethodInvestmentImpairment
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CY2021 bsy Cost Method Investment Impairment
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CY2023 us-gaap Gain On Sale Of Investments
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2360000 usd
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CY2023 us-gaap Operating Lease Cost
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CY2022 us-gaap Operating Lease Cost
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20772000 usd
CY2021 us-gaap Operating Lease Cost
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19425000 usd
CY2023 us-gaap Variable Lease Cost
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CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
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CY2023 us-gaap Short Term Lease Cost
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CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
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CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
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CY2023 us-gaap Lease Cost
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24602000 usd
CY2022 us-gaap Lease Cost
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25446000 usd
CY2021 us-gaap Lease Cost
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23597000 usd
CY2023 us-gaap Payments For Rent
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CY2022 us-gaap Payments For Rent
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CY2021 us-gaap Payments For Rent
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CY2023 us-gaap Operating Lease Payments
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17899000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
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CY2021 us-gaap Operating Lease Payments
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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17015000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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10722000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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12842000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y10M24D
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CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13416000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5635000 usd
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
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804000 usd
CY2023 us-gaap Operating Lease Impairment Loss
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2239000 usd
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CY2022Q4 us-gaap Deposit Liability Current
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CY2022Q4 us-gaap Accrued Salaries Current
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CY2022Q4 us-gaap Accrued Employee Benefits Current
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35493000 usd
CY2023Q4 bsy Due To Customers
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16924000 usd
CY2022Q4 bsy Due To Customers
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CY2023Q4 us-gaap Supplemental Unemployment Benefits Severance Benefits
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CY2022Q4 us-gaap Supplemental Unemployment Benefits Severance Benefits
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CY2022Q4 bsy Business Combination Consideration Payable Current
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CY2023Q4 us-gaap Deferred Compensation Liability Current
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CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Current
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CY2022Q4 us-gaap Debt Instrument Unamortized Discount
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CY2023Q4 us-gaap Long Term Debt
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CY2022Q4 us-gaap Long Term Debt Noncurrent
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CY2022 us-gaap Amortization Of Financing Costs
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CY2021 us-gaap Amortization Of Financing Costs
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CY2021 us-gaap Investment Income Interest
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2023Q4 us-gaap Debt Instrument Carrying Amount
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CY2023Q4 us-gaap Preferred Stock Shares Authorized
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CY2023Q2 us-gaap Dividends Common Stock
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CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
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CY2023Q1 us-gaap Dividends Common Stock
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CY2023 us-gaap Dividends Common Stock
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CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
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CY2022Q4 us-gaap Dividends Common Stock
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CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2022Q3 us-gaap Dividends Common Stock
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CY2022Q2 us-gaap Dividends Common Stock
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CY2022Q1 us-gaap Dividends Common Stock
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CY2022 us-gaap Common Stock Dividends Per Share Declared
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CY2022 us-gaap Dividends Common Stock
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CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
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CY2021Q4 us-gaap Dividends Common Stock
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CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2021Q3 us-gaap Dividends Common Stock
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8485000 usd
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
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0.03
CY2021Q2 us-gaap Dividends Common Stock
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8372000 usd
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.03
CY2021Q1 us-gaap Dividends Common Stock
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8219000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
33537000 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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-65497000 usd
CY2021 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
44000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-65541000 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
2279000 usd
CY2022 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
245000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2034000 usd
CY2023 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
4842000 usd
CY2023 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
89000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4753000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
72972000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
75206000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
49045000 usd
CY2023Q4 bsy Share Based Payment Arrangement Expense Accrued
ShareBasedPaymentArrangementExpenseAccrued
4043000 usd
CY2022Q4 bsy Share Based Payment Arrangement Expense Accrued
ShareBasedPaymentArrangementExpenseAccrued
7300000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
72972000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
75206000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
49045000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-3547000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-15182000 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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0 usd
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
900000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
0.85
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
16652000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
98188000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-14544000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
166875000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
100087000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
107873000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
183527000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
198275000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
93329000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12899000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2307000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-770000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2567000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1387000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-163000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
40171000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
22715000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
17230000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
55637000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
26409000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
16297000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-134516000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-29514000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-34848000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-903000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5126000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-19745000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-143241000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21283000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3448000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.003
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.010
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.027
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.229
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.214
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.525
CY2023 bsy Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Percent
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0.149
CY2022 bsy Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Percent
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0.110
CY2021 bsy Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Percent
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0.366
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.058
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.029
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.061
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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0.049
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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0.028
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.058
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.030
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.020
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2023 bsy Effective Income Tax Rate Reconciliation Gilti And Fdii Percent
EffectiveIncomeTaxRateReconciliationGILTIAndFDIIPercent
0.042
CY2022 bsy Effective Income Tax Rate Reconciliation Gilti And Fdii Percent
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0.009
CY2021 bsy Effective Income Tax Rate Reconciliation Gilti And Fdii Percent
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0
CY2023 bsy Effective Income Tax Rate Reconciliation Transaction Costs Percent
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CY2022 bsy Effective Income Tax Rate Reconciliation Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationTransactionCostsPercent
0.005
CY2021 bsy Effective Income Tax Rate Reconciliation Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationTransactionCostsPercent
0.039
CY2023 bsy Effective Income Tax Rate Reconciliation Tax Impact Of Internal Restructuring
EffectiveIncomeTaxRateReconciliationTaxImpactOfInternalRestructuring
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CY2022 bsy Effective Income Tax Rate Reconciliation Tax Impact Of Internal Restructuring
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0
CY2021 bsy Effective Income Tax Rate Reconciliation Tax Impact Of Internal Restructuring
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0
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.022
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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0.107
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2023 bsy Discrete Income Tax Expense Benefit
DiscreteIncomeTaxExpenseBenefit
14648000 usd
CY2022 bsy Discrete Income Tax Expense Benefit
DiscreteIncomeTaxExpenseBenefit
20501000 usd
CY2022 bsy Discrete Income Tax Expense Benefit
DiscreteIncomeTaxExpenseBenefit
20501000 usd
CY2021 bsy Discrete Income Tax Expense Benefit
DiscreteIncomeTaxExpenseBenefit
14890000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
38220000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
35298000 usd
CY2023Q4 bsy Deferred Tax Assets Operating Loss Carryforwards And Tax Credit Carryforwards
DeferredTaxAssetsOperatingLossCarryforwardsAndTaxCreditCarryforwards
19677000 usd
CY2022Q4 bsy Deferred Tax Assets Operating Loss Carryforwards And Tax Credit Carryforwards
DeferredTaxAssetsOperatingLossCarryforwardsAndTaxCreditCarryforwards
14960000 usd
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
137576000 usd
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
0 usd
CY2023Q4 bsy Deferred Tax Assets Convertible Debt And163j Limitation
DeferredTaxAssetsConvertibleDebtAnd163jLimitation
14364000 usd
CY2022Q4 bsy Deferred Tax Assets Convertible Debt And163j Limitation
DeferredTaxAssetsConvertibleDebtAnd163jLimitation
13349000 usd
CY2023Q4 bsy Deferred Tax Asset Leasing Liability
DeferredTaxAssetLeasingLiability
7610000 usd
CY2022Q4 bsy Deferred Tax Asset Leasing Liability
DeferredTaxAssetLeasingLiability
8920000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
502000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
1122000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1852000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1856000 usd
CY2023Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
4402000 usd
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2914000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2852000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2383000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
227055000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
80802000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2664000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3321000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
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224391000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
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77481000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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0 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
51994000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
6762000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
8381000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
2746000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
2877000 usd
CY2023Q4 bsy Deferred Tax Liabilities Unrealized Gains Losses
DeferredTaxLiabilitiesUnrealizedGainsLosses
8131000 usd
CY2022Q4 bsy Deferred Tax Liabilities Unrealized Gains Losses
DeferredTaxLiabilitiesUnrealizedGainsLosses
9422000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3639000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3406000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
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21278000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
76080000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
203113000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1401000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2664000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3321000 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
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CY2023Q4 bsy Undistributed Earnings Of Subsidiaries
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335988000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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910000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1331000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
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1223000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
12000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
160000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
9000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
121000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
42000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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0 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
35000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2023 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
447000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
265000 usd
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
10000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
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466000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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910000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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1331000 usd
CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
557000 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1194000 usd
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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1704000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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554000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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1181000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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1273000 usd
CY2023 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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194000 usd
CY2022 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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89000 usd
CY2021 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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91000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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284000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
373000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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1196000 usd
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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6613000 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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1206000 usd
CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
5261000 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 usd
CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
1390000 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 usd
CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-1427000 usd
CY2023 bsy Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Foreign Currency Translation Gain Loss
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10000 usd
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