2012 Q3 Form 10-Q Financial Statement

#000128941912000332 Filed on October 30, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $161.0M $160.1M
YoY Change 0.56% 14.47%
Cost Of Revenue $60.57M $48.07M
YoY Change 25.99% 18.08%
Gross Profit $100.4M $112.0M
YoY Change -10.35% 12.99%
Gross Profit Margin 62.37% 69.96%
Selling, General & Admin $49.70M $53.68M
YoY Change -7.42% 15.84%
% of Gross Profit 49.51% 47.94%
Research & Development $12.86M $13.48M
YoY Change -4.64% 6.13%
% of Gross Profit 12.81% 12.04%
Depreciation & Amortization $10.82M $10.95M
YoY Change -1.14% 10.61%
% of Gross Profit 10.78% 9.78%
Operating Expenses $62.56M $67.17M
YoY Change -6.87% 13.75%
Operating Profit $39.86M $33.86M
YoY Change 17.72% 12.28%
Interest Expense $1.719M $797.0K
YoY Change 115.68% 55.66%
% of Operating Profit 4.31% 2.35%
Other Income/Expense, Net $1.880M -$579.0K
YoY Change -424.7% -109.33%
Pretax Income $41.74M $33.29M
YoY Change 25.41% -8.47%
Income Tax $15.19M $12.34M
% Of Pretax Income 36.38% 37.08%
Net Earnings $27.07M $21.38M
YoY Change 26.61% -13.36%
Net Earnings / Revenue 16.82% 13.36%
Basic Earnings Per Share $0.56 $0.42
Diluted Earnings Per Share $0.56 $0.42
COMMON SHARES
Basic Shares Outstanding 47.98M shares 50.28M shares
Diluted Shares Outstanding 48.48M shares 51.12M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $343.1M $433.0M
YoY Change -20.76% 27.62%
Cash & Equivalents $152.2M $174.3M
Short-Term Investments $190.9M $258.7M
Other Short-Term Assets $22.55M $16.08M
YoY Change 40.25% 4.39%
Inventory
Prepaid Expenses
Receivables $119.9M $110.4M
Other Receivables $5.300M $10.10M
Total Short-Term Assets $492.9M $573.4M
YoY Change -14.03% 24.95%
LONG-TERM ASSETS
Property, Plant & Equipment $77.87M $63.70M
YoY Change 22.24% 10.4%
Goodwill $321.1M $319.4M
YoY Change 0.55%
Intangibles
YoY Change
Long-Term Investments $38.30M $24.80M
YoY Change 54.44% 3.33%
Other Assets $8.330M $5.726M
YoY Change 45.48% -17.01%
Total Long-Term Assets $568.4M $560.9M
YoY Change 1.35% -1.13%
TOTAL ASSETS
Total Short-Term Assets $492.9M $573.4M
Total Long-Term Assets $568.4M $560.9M
Total Assets $1.061B $1.134B
YoY Change -6.43% 10.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.40M $42.20M
YoY Change -4.27% 12.53%
Accrued Expenses $55.10M $59.90M
YoY Change -8.01% 25.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $260.2M $249.3M
YoY Change 4.36% 12.39%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $8.262M $25.93M
YoY Change -68.14% -15.26%
Total Long-Term Liabilities $8.262M $25.93M
YoY Change -68.14% -15.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $260.2M $249.3M
Total Long-Term Liabilities $8.262M $25.93M
Total Liabilities $304.7M $298.1M
YoY Change 2.18% 9.69%
SHAREHOLDERS EQUITY
Retained Earnings $469.3M $386.1M
YoY Change 21.53%
Common Stock $509.9M $483.8M
YoY Change 5.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $232.7M $38.32M
YoY Change 507.23%
Treasury Stock Shares 4.126M shares 832.8K shares
Shareholders Equity $755.2M $835.1M
YoY Change
Total Liabilities & Shareholders Equity $1.061B $1.134B
YoY Change -6.43% 10.53%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $27.07M $21.38M
YoY Change 26.61% -13.36%
Depreciation, Depletion And Amortization $10.82M $10.95M
YoY Change -1.14% 10.61%
Cash From Operating Activities $37.50M $45.10M
YoY Change -16.85% 27.76%
INVESTING ACTIVITIES
Capital Expenditures -$5.000M -$6.300M
YoY Change -20.63% 61.54%
Acquisitions
YoY Change
Other Investing Activities $50.20M -$28.20M
YoY Change -278.01% 65.88%
Cash From Investing Activities $45.20M -$34.40M
YoY Change -231.4% 65.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -80.70M -27.70M
YoY Change 191.34% -1946.67%
NET CHANGE
Cash From Operating Activities 37.50M 45.10M
Cash From Investing Activities 45.20M -34.40M
Cash From Financing Activities -80.70M -27.70M
Net Change In Cash 2.000M -17.00M
YoY Change -111.76% -206.25%
FREE CASH FLOW
Cash From Operating Activities $37.50M $45.10M
Capital Expenditures -$5.000M -$6.300M
Free Cash Flow $42.50M $51.40M
YoY Change -17.32% 31.12%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Recently Issued Accounting Pronouncements</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;color:#221e1f;">In September 2011, the FASB issued ASU </font><font style="font-family:Arial;font-size:10pt;">No. 2011-08, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Intangibles&#8212;Goodwill and Other (Topic 350): Testing Goodwill for Impairment. </font><font style="font-family:Arial;font-size:10pt;">The objective of ASU No. 2011-08 is to simplify how entities test goodwill for impairment. ASU No. 2011-08 provides an option for companies to use a qualitative approach to test goodwill for impairment if certain conditions are met. For Morningstar, t</font><font style="font-family:Arial;font-size:10pt;color:#221e1f;">he amendments are effective for annual and interim goodwill impairment tests performed in 2012. Early adoption will be permitted. We perform our annual impairment testing in the fourth quarter and</font><font style="font-family:Arial;font-size:10pt;"> do not expect the provisions of ASU No. 2011-08 to have a material effect on our Consolidated Financial Statements.</font></div></div>
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CY2012Q3 us-gaap Goodwill
Goodwill
321134000 USD
CY2011Q4 us-gaap Goodwill
Goodwill
318492000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
2642000 USD
CY2011Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
16347000 USD
CY2012Q3 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
19948000 USD
CY2012Q3 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
19948000 USD
CY2011Q4 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
16347000 USD
CY2012Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
19942000 USD
CY2011Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
16342000 USD
CY2011Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
16342000 USD
CY2012Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
19942000 USD
CY2011Q4 us-gaap Held To Maturity Securities Unrecognized Holding Loss
HeldToMaturitySecuritiesUnrecognizedHoldingLoss
0 USD
CY2012Q3 us-gaap Held To Maturity Securities Unrecognized Holding Loss
HeldToMaturitySecuritiesUnrecognizedHoldingLoss
0 USD
CY2012Q3 us-gaap Heldtomaturity Securities Unrecognized Holding Gain
HeldtomaturitySecuritiesUnrecognizedHoldingGain
0 USD
CY2011Q4 us-gaap Heldtomaturity Securities Unrecognized Holding Gain
HeldtomaturitySecuritiesUnrecognizedHoldingGain
0 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
33285000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
114933000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
104484000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
41744000 USD
CY2011Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
428000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1541000 USD
CY2012Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
478000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1397000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15186000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35585000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41441000 USD
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12343000 USD
us-gaap Net Income Loss
NetIncomeLoss
70402000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
33163000 USD
CY2012Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
5277000 USD
CY2011Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
7445000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
403000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6569000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
9442000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
7220000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-492000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
1559000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
618000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
7684000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-20851000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-3242000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1996000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3551000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1393000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1111000 USD
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
506000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
989000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
636000 shares
CY2011Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
845000 shares
CY2012Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1719000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1142000 USD
CY2011Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
797000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
3848000 USD
CY2011Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
27642000 USD
CY2012Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
38278000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
315068000 USD
CY2012Q3 us-gaap Liabilities
Liabilities
304652000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1061383000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1172084000 USD
CY2012Q3 us-gaap Liabilities Current
LiabilitiesCurrent
260166000 USD
CY2011Q4 us-gaap Liabilities Current
LiabilitiesCurrent
270633000 USD
CY2011Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
269755000 USD
CY2012Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
190899000 USD
CY2012Q3 us-gaap Minority Interest
MinorityInterest
1569000 USD
CY2011Q4 us-gaap Minority Interest
MinorityInterest
1646000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-190816000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22177000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-89791000 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-34000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
472829000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
487679000 USD
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-106000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-62000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
74912000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27005000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21315000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
70188000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
70191000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
27005000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
74914000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
21316000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
204000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3534000 USD
CY2011Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-579000 USD
CY2012Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1880000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
111399000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
33864000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
39864000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
104280000 USD
CY2011Q4 us-gaap Other Assets Current
OtherAssetsCurrent
15980000 USD
CY2012Q3 us-gaap Other Assets Current
OtherAssetsCurrent
22546000 USD
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5912000 USD
CY2012Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8330000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-6000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
5597000 USD
CY2012Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
7375000 USD
CY2011Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-12570000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
5597000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
7024000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-14360000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-1649000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
8401000 USD
us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-33000 USD
CY2011Q3 us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-81000 USD
us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
171000 USD
CY2012Q3 us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
0 USD
us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax
19000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1394000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
469295000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1472000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1026000 USD
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1871000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
794000 USD
CY2011Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
612000 USD
CY2012Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
319000 USD
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8167000 USD
CY2012Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8262000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-342000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1607000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-314000 USD
CY2011Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1376000 USD
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
161000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-938000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-875000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
183698000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
28526000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
14867000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
7539000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-300000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
298876000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
134929000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
10304000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14689000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22876000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2760000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
6630000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-363000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-18000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
216350000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
222599000 USD
us-gaap Profit Loss
ProfitLoss
70296000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
27036000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
21370000 USD
us-gaap Profit Loss
ProfitLoss
75033000 USD
CY2012Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
77873000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
68196000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1076000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
990000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
39151000 USD
CY2012Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12857000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
38664000 USD
CY2011Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13482000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
409022000 USD
CY2012Q3 morn Future Amortization Expense Current Fiscal Year
FutureAmortizationExpenseCurrentFiscalYear
24048000 USD
CY2011Q4 morn Held To Maturity Securities Debt Maturities After One Through Three Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue
5000 USD
CY2012Q3 morn Held To Maturity Securities Debt Maturities After One Through Three Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue
6000 USD
CY2012Q3 morn Held To Maturity Securities Debt Maturities After One Through Three Years Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsYearsNetCarryingAmount
6000 USD
CY2011Q4 morn Held To Maturity Securities Debt Maturities After One Through Three Years Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsYearsNetCarryingAmount
5000 USD
CY2011Q3 us-gaap Sales Revenue Net
SalesRevenueNet
160051000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
160952000 USD
CY2011Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
27253000 USD
CY2012Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
25732000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
80502000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11594000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11443000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod
P4Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCost
11594000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCost
11443000 USD
CY2011Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCost
3951000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
81431000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCost
3994000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4760000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17161000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
25061000 USD
CY2010Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
100000000 USD
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
755162000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
855370000 USD
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
756731000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
857016000 USD
CY2012Q3 us-gaap Trading Securities Current
TradingSecuritiesCurrent
5434000 USD
CY2011Q4 us-gaap Trading Securities Current
TradingSecuritiesCurrent
5491000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-810000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
337000 USD
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
980177 shares
CY2012Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
4125568 shares
CY2012Q3 us-gaap Treasury Stock Value
TreasuryStockValue
232685000 USD
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
46701000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
187098000 USD
CY2012Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
53000 USD
CY2011Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
57000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
144000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
189000 USD
CY2012Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11732000 USD
CY2011Q4 morn Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
5724000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12189000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
11907000 USD
CY2012Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
11674000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51071000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49664000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48481000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51123000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49028000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50082000 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50278000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47975000 shares
CY2011Q4 morn Accounts Payable And Accrued Liabilities Excluding Employee Related Liabilities Current
AccountsPayableAndAccruedLiabilitiesExcludingEmployeeRelatedLiabilitiesCurrent
41403000 USD
CY2012Q3 morn Accounts Payable And Accrued Liabilities Excluding Employee Related Liabilities Current
AccountsPayableAndAccruedLiabilitiesExcludingEmployeeRelatedLiabilitiesCurrent
40356000 USD
morn Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockRequisiteServicePeriodRecognition
1332000 USD
CY2012Q3 morn Available For Sale Securities Debit Maturities More Than Two Years Fair Value
AvailableForSaleSecuritiesDebitMaturitiesMoreThanTwoYearsFairValue
262000 USD
CY2011Q4 morn Available For Sale Securities Debit Maturities More Than Two Years Fair Value
AvailableForSaleSecuritiesDebitMaturitiesMoreThanTwoYearsFairValue
0 USD
CY2012Q3 morn Available For Sale Securities Debt Maturities After One Through Two Years Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsAmortizedCostBasis
16061000 USD
CY2011Q4 morn Available For Sale Securities Debt Maturities After One Through Two Years Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsAmortizedCostBasis
75001000 USD
CY2011Q4 morn Available For Sale Securities Debt Maturities After One Through Two Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsFairValue
74804000 USD
CY2012Q3 morn Available For Sale Securities Debt Maturities After One Through Two Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsFairValue
15938000 USD
CY2012Q3 morn Available For Sale Securities Debt Maturities After Two Years Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesAfterTwoYearsAmortizedCostBasis
274000 USD
CY2011Q4 morn Available For Sale Securities Debt Maturities After Two Years Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesAfterTwoYearsAmortizedCostBasis
0 USD
CY2011Q4 morn Available For Sale Securities Equity Securities And Mutual Funds Amortized Cost Basis
AvailableForSaleSecuritiesEquitySecuritiesAndMutualFundsAmortizedCostBasis
17759000 USD
CY2012Q3 morn Available For Sale Securities Equity Securities And Mutual Funds Amortized Cost Basis
AvailableForSaleSecuritiesEquitySecuritiesAndMutualFundsAmortizedCostBasis
39685000 USD
CY2011Q4 morn Available For Sale Securities Equity Securities And Mutual Funds Fair Value
AvailableForSaleSecuritiesEquitySecuritiesAndMutualFundsFairValue
17866000 USD
CY2012Q3 morn Available For Sale Securities Equity Securities And Mutual Funds Fair Value
AvailableForSaleSecuritiesEquitySecuritiesAndMutualFundsFairValue
42338000 USD
CY2011Q4 morn Certificate Of Deposit Held As Collateral Against Australia Office Lease
CertificateOfDepositHeldAsCollateralAgainstAustraliaOfficeLease
1600000 USD
CY2012Q3 morn Certificate Of Deposit Held As Collateral Against Australia Office Lease
CertificateOfDepositHeldAsCollateralAgainstAustraliaOfficeLease
1500000 USD
CY2012Q3 morn Closing Stock Price Used To Calculate Intrinsic Value
ClosingStockPriceUsedToCalculateIntrinsicValue
62.64
CY2011Q4 morn Decrease In Income Tax Expense Upon Recognition Of Gross Unrecognized Tax Benefits
DecreaseInIncomeTaxExpenseUponRecognitionOfGrossUnrecognizedTaxBenefits
9827000 USD
CY2012Q3 morn Decrease In Income Tax Expense Upon Recognition Of Gross Unrecognized Tax Benefits
DecreaseInIncomeTaxExpenseUponRecognitionOfGrossUnrecognizedTaxBenefits
9543000 USD
CY2012Q3 morn Distributed Earnings Available To Participating Securities
DistributedEarningsAvailableToParticipatingSecurities
12000 USD
CY2011Q3 morn Distributed Earnings Available To Participating Securities
DistributedEarningsAvailableToParticipatingSecurities
8000 USD
morn Distributed Earnings Available To Participating Securities
DistributedEarningsAvailableToParticipatingSecurities
25000 USD
morn Distributed Earnings Available To Participating Securities
DistributedEarningsAvailableToParticipatingSecurities
39000 USD
morn Dividends Restricted Stock Units
DividendsRestrictedStockUnits
18000 USD
morn Effective Income Tax Rate Reconciliation Change In Percentage Points Compared With Prior Year Period
EffectiveIncomeTaxRateReconciliationChangeInPercentagePointsComparedWithPriorYearPeriod
2.0
CY2012Q3 morn Effective Income Tax Rate Reconciliation Change In Percentage Points Compared With Prior Year Period
EffectiveIncomeTaxRateReconciliationChangeInPercentagePointsComparedWithPriorYearPeriod
-0.7
CY2012Q3 morn Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
6802000 USD
CY2011 morn Increase Decrease In Stock Purchased Program Authorized Amount
IncreaseDecreaseInStockPurchasedProgramAuthorizedAmount
200000000 USD
CY2012Q3 morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
42256000 USD
CY2011Q3 morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
33723000 USD
morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
116536000 USD
morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
105987000 USD
morn Increase Decrease In Accounts Payable And Accrued Liabilities Excluding Employee Related Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesExcludingEmployeeRelatedLiabilities
-4316000 USD
morn Increase Decrease In Accounts Payable And Accrued Liabilities Excluding Employee Related Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesExcludingEmployeeRelatedLiabilities
-5275000 USD
CY2011Q3 morn Operating Expense Excluding Stock Based Compensation Expense Depreciation And Amortization
OperatingExpenseExcludingStockBasedCompensationExpenseDepreciationAndAmortization
111289000 USD
morn Operating Expense Excluding Stock Based Compensation Expense Depreciation And Amortization
OperatingExpenseExcludingStockBasedCompensationExpenseDepreciationAndAmortization
333070000 USD
morn Operating Expense Excluding Stock Based Compensation Expense Depreciation And Amortization
OperatingExpenseExcludingStockBasedCompensationExpenseDepreciationAndAmortization
325394000 USD
CY2012Q3 morn Operating Expense Excluding Stock Based Compensation Expense Depreciation And Amortization
OperatingExpenseExcludingStockBasedCompensationExpenseDepreciationAndAmortization
106272000 USD
morn Reduction Of Liability For Lease Payments
ReductionOfLiabilityForLeasePayments
768000 USD
morn Share Based Compensation Arrangement By Share Based Payment Award Expiration Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate
P10Y
morn Share Based Compensation Shares Available For Future Grants
ShareBasedCompensationSharesAvailableForFutureGrants
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The following table summarizes the number of shares available for future grants under our 2011 Plan:</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td width="81%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="17%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">As of September 30</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">(000)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">2012</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Shares available for future grants</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">4,760</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2012Q3 morn Shares Repurchased Program Life To Date Shares
SharesRepurchasedProgramLifeToDateShares
3964411 shares
CY2012Q3 morn Shares Repurchased Program Life To Date Value
SharesRepurchasedProgramLifeToDateValue
231553933 USD
morn Stock Issued During Period Value Stock Options Exercised And Vesting Of Restricted Stock
StockIssuedDuringPeriodValueStockOptionsExercisedAndVestingOfRestrictedStock
2760000 USD
CY2012Q3 morn Total Liability For Unrecognized Tax Benefits
TotalLiabilityForUnrecognizedTaxBenefits
11249000 USD
CY2011Q4 morn Total Liability For Unrecognized Tax Benefits
TotalLiabilityForUnrecognizedTaxBenefits
11529000 USD
CY2011Q3 morn Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
57000 USD
CY2012Q3 morn Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
53000 USD
morn Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
189000 USD
morn Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
144000 USD
morn Undistributed Earnings Reallocated To Participating Securities
UndistributedEarningsReallocatedToParticipatingSecurities
142000 USD
morn Undistributed Earnings Reallocated To Participating Securities
UndistributedEarningsReallocatedToParticipatingSecurities
186000 USD
CY2012Q3 morn Undistributed Earnings Reallocated To Participating Securities
UndistributedEarningsReallocatedToParticipatingSecurities
53000 USD
CY2011Q3 morn Undistributed Earnings Reallocated To Participating Securities
UndistributedEarningsReallocatedToParticipatingSecurities
56000 USD
morn Unrealized Gain Loss On Available For Sale Investments
UnrealizedGainLossOnAvailableForSaleInvestments
2221000 USD
morn Unrealized Gain Loss On Available For Sale Investments
UnrealizedGainLossOnAvailableForSaleInvestments
-2598000 USD
CY2012Q3 morn Unrecognized Tax Benefits Included In Current Liabilities
UnrecognizedTaxBenefitsIncludedInCurrentLiabilities
4971000 USD
CY2011Q4 morn Unrecognized Tax Benefits Included In Current Liabilities
UnrecognizedTaxBenefitsIncludedInCurrentLiabilities
5329000 USD
CY2011Q4 morn Unrecognized Tax Benefits Included In Non Current Liabilities
UnrecognizedTaxBenefitsIncludedInNonCurrentLiabilities
6200000 USD
CY2012Q3 morn Unrecognized Tax Benefits Included In Non Current Liabilities
UnrecognizedTaxBenefitsIncludedInNonCurrentLiabilities
6278000 USD
CY2012Q3 morn Vacant Office Space Liability
VacantOfficeSpaceLiability
151000 USD
CY2011Q4 morn Vacant Office Space Liability
VacantOfficeSpaceLiability
919000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001289419
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
47131295 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
MORNINGSTAR, INC.

Files In Submission

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0001289419-12-000332-index-headers.html Edgar Link pending
0001289419-12-000332-index.html Edgar Link pending
0001289419-12-000332.txt Edgar Link pending
0001289419-12-000332-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
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morn-20120930.xml Edgar Link completed
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morn-20120930_cal.xml Edgar Link unprocessable
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