2018 Q2 Form 10-Q Financial Statement
#000104869518000025 Filed on August 01, 2018
Income Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
Revenue | $542.2M | $517.8M |
YoY Change | 4.71% | 4.29% |
Cost Of Revenue | $91.01M | $89.77M |
YoY Change | 1.38% | 6.43% |
Gross Profit | $451.2M | $428.1M |
YoY Change | 5.4% | 3.85% |
Gross Profit Margin | 83.21% | 82.66% |
Selling, General & Admin | $205.2M | $200.3M |
YoY Change | 2.43% | 4.99% |
% of Gross Profit | 45.47% | 46.8% |
Research & Development | $94.06M | $88.60M |
YoY Change | 6.16% | 6.7% |
% of Gross Profit | 20.85% | 20.7% |
Depreciation & Amortization | $14.10M | $15.30M |
YoY Change | -7.84% | 5.52% |
% of Gross Profit | 3.13% | 3.57% |
Operating Expenses | $299.2M | $288.9M |
YoY Change | 3.57% | 5.71% |
Operating Profit | $152.0M | $139.1M |
YoY Change | 9.21% | 0.2% |
Interest Expense | ||
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | $2.259M | $2.589M |
YoY Change | -12.75% | 164.72% |
Pretax Income | $154.2M | $141.7M |
YoY Change | 8.8% | 1.35% |
Income Tax | $31.47M | $44.07M |
% Of Pretax Income | 20.41% | 31.09% |
Net Earnings | $122.7M | $97.66M |
YoY Change | 25.68% | 6.4% |
Net Earnings / Revenue | 22.64% | 18.86% |
Basic Earnings Per Share | $2.01 | $1.53 |
Diluted Earnings Per Share | $1.99 | $1.52 |
COMMON SHARES | ||
Basic Shares Outstanding | 60.97M shares | 63.94M shares |
Diluted Shares Outstanding | 61.63M shares | 64.36M shares |
Balance Sheet
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.085B | $1.014B |
YoY Change | 6.93% | 25.1% |
Cash & Equivalents | $599.3M | $690.9M |
Short-Term Investments | $485.2M | $323.3M |
Other Short-Term Assets | $55.85M | $51.51M |
YoY Change | 8.43% | 1.52% |
Inventory | $31.32M | $31.05M |
Prepaid Expenses | ||
Receivables | $297.4M | $295.1M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.469B | $1.446B |
YoY Change | 1.6% | 19.7% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $126.1M | $125.1M |
YoY Change | 0.77% | 8.69% |
Goodwill | $556.0M | $556.0M |
YoY Change | 0.0% | 0.0% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $329.4M | $234.6M |
YoY Change | 40.41% | -25.17% |
Other Assets | $45.38M | $54.93M |
YoY Change | -17.39% | -9.25% |
Total Long-Term Assets | $1.092B | $972.7M |
YoY Change | 12.27% | -6.99% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.469B | $1.446B |
Total Long-Term Assets | $1.092B | $972.7M |
Total Assets | $2.561B | $2.419B |
YoY Change | 5.89% | 7.31% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $44.65M | $44.54M |
YoY Change | 0.23% | 18.94% |
Accrued Expenses | $163.2M | $178.7M |
YoY Change | -8.65% | 32.26% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $943.9M | $909.3M |
YoY Change | 3.8% | 13.75% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $59.47M | $41.29M |
YoY Change | 44.01% | 34.24% |
Total Long-Term Liabilities | $351.2M | $304.6M |
YoY Change | 15.28% | 13.96% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $943.9M | $909.3M |
Total Long-Term Liabilities | $351.2M | $304.6M |
Total Liabilities | $1.295B | $1.214B |
YoY Change | 6.68% | 13.8% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.268B | $1.203B |
YoY Change | 5.44% | 1.02% |
Common Stock | $20.01M | $17.53M |
YoY Change | 14.12% | 75.39% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.266B | $1.205B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.561B | $2.419B |
YoY Change | 5.89% | 7.31% |
Cashflow Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $122.7M | $97.66M |
YoY Change | 25.68% | 6.4% |
Depreciation, Depletion And Amortization | $14.10M | $15.30M |
YoY Change | -7.84% | 5.52% |
Cash From Operating Activities | $182.1M | $162.5M |
YoY Change | 12.06% | -4.69% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$19.90M | -$7.500M |
YoY Change | 165.33% | -53.7% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$35.70M | $200.0K |
YoY Change | -17950.0% | -60.0% |
Cash From Investing Activities | -$55.40M | -$7.300M |
YoY Change | 658.9% | -52.9% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -121.1M | -120.7M |
YoY Change | 0.33% | -2.35% |
NET CHANGE | ||
Cash From Operating Activities | 182.1M | 162.5M |
Cash From Investing Activities | -55.40M | -7.300M |
Cash From Financing Activities | -121.1M | -120.7M |
Net Change In Cash | 5.600M | 34.50M |
YoY Change | -83.77% | 9.87% |
FREE CASH FLOW | ||
Cash From Operating Activities | $182.1M | $162.5M |
Capital Expenditures | -$19.90M | -$7.500M |
Free Cash Flow | $202.0M | $170.0M |
YoY Change | 18.82% | -8.94% |
Facts In Submission
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GrossProfit
|
1330657000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
141733000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
118634000 | USD | |
CY2017Q3 | us-gaap |
Goodwill
Goodwill
|
555965000 | USD |
CY2018Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
21529000 | USD |
CY2018Q2 | us-gaap |
Goodwill
Goodwill
|
555965000 | USD |
CY2017Q2 | us-gaap |
Gross Profit
GrossProfit
|
428067000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
285018000 | USD | |
CY2017Q3 | us-gaap |
Inventory Net
InventoryNet
|
29834000 | USD |
CY2018Q2 | us-gaap |
Inventory Net
InventoryNet
|
31322000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
122743000 | USD |
CY2017Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
9554000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
320808000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
421655000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
154212000 | USD |
CY2018Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
9793000 | USD |
CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2476489000 | USD |
CY2017Q3 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
122420000 | USD |
CY2018Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
126108000 | USD |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
444501000 | USD | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
97662000 | USD |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
44071000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
136637000 | USD | |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
31469000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
123693000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
14270000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-16423000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
27295000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
6945000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
73620000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
63402000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-3007000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1488000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-1063000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-11590000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
425000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
68000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
87000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-42000 | USD | |
CY2017Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
20280000 | USD |
CY2018Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2561066000 | USD |
CY2017Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
934543000 | USD |
CY2018Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
943925000 | USD |
CY2017Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
312554000 | USD |
CY2018Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
351166000 | USD |
CY2017Q3 | us-gaap |
Long Term Investments
LongTermInvestments
|
284802000 | USD |
CY2018Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
329412000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-396635000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-401246000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
47087000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-227889000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
527216000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
556763000 | USD | |
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
288923000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
873978000 | USD | |
CY2018Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
299241000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
893350000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
139144000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
415121000 | USD | |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
151953000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
437307000 | USD | |
CY2017Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
67538000 | USD |
CY2018Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
55853000 | USD |
CY2017Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
53775000 | USD |
CY2018Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
45378000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-432000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-959000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
437000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-3090000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
444000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1304000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1441000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-896000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
12000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2263000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1004000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-3986000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
285000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
310000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-1000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-10000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
171000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
186000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
-4000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-147000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-649000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
436000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-3100000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-88000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-389000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
177000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-1010000 | USD | |
CY2017Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
44589000 | USD |
CY2018Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
59466000 | USD |
CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2589000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
6534000 | USD | |
CY2018Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2259000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
7194000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
450065000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
450064000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
4000000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
295479000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
65857000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
10748000 | USD | |
CY2018Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1267950000 | USD |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
0 | USD | |
CY2017Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
235109000 | USD |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
1000000 | USD | |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
715672000 | USD | |
CY2018Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
238835000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
703696000 | USD | |
CY2017Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
517837000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1552043000 | USD | |
CY2018Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
542203000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1598698000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
255386000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
499084000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31175000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
36074000 | USD | |
CY2017Q3 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
CY2018Q2 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
CY2017Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2018Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
46959000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
48818000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
271878000 | USD | |
CY2017Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
122420000 | USD |
CY2018Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
126108000 | USD |
CY2018Q2 | us-gaap |
Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
|
34100000 | USD |
CY2017Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
88602000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
264886000 | USD | |
CY2018Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
94061000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
271006000 | USD | |
CY2017Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1229762000 | USD |
CY2017Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
282728000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
836371000 | USD | |
CY2018Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
303368000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
895002000 | USD | |
CY2017Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
160952000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
490171000 | USD | |
CY2018Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
165806000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
503710000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
133740000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
121007000 | USD | |
CY2017Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
343700000 | USD |
CY2018Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
485232000 | USD |
CY2017Q3 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
0 | USD |
CY2018Q2 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
0 | USD |
CY2018Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
723600000 | USD |
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
3210478 | shares | |
CY2017Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1229392000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1265975000 | USD |
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
140.19 | ||
CY2018Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
27300000 | USD |
CY2017Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
426000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
577000 | shares | |
CY2018Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
663000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
683000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
64361000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
65116000 | shares | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
61633000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
62214000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
63935000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
64539000 | shares | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
60970000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
61531000 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;padding-top:6px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">F5 Networks, Inc. (the “Company”) is the leading developer and provider of software-defined application services. The Company’s core technology is a full-proxy, programmable, highly-scalable software platform called TMOS, which supports a broad array of features and functions designed to ensure that applications delivered over Internet Protocol (IP) networks are secure, fast and available. The Company’s TMOS-based offerings include software products for local and global traffic management, network and application security, access management, web acceleration and a number of other network and application services. These products are available as modules that can run individually or as part of an integrated solution on the Company’s high-performance, scalable, purpose-built BIG-IP appliances and VIPRION chassis-based hardware, or as software-only Virtual Editions. The Company also offers distributed denial-of-service </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(</font><font style="font-family:inherit;font-size:10pt;">DDoS) protection, application security and other application services by subscription on its cloud-based Silverline platform. In connection with its products, the Company offers a broad range of support services including consulting, training, installation and maintenance.</font></div></div> |