2021 Q4 Form 10-Q Financial Statement

#000128941921000261 Filed on October 29, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $462.2M $428.9M $357.2M
YoY Change 21.5% 20.07% 13.83%
Cost Of Revenue $189.6M $183.1M $138.7M
YoY Change 26.74% 32.01% 8.02%
Gross Profit $272.6M $245.8M $218.5M
YoY Change 18.11% 12.49% 17.85%
Gross Profit Margin 58.98% 57.31% 61.17%
Selling, General & Admin $159.4M $139.9M $138.4M
YoY Change 22.71% 1.08% 36.76%
% of Gross Profit 58.47% 56.92% 63.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.40M $38.10M $35.80M
YoY Change 7.26% 6.42% 3.47%
% of Gross Profit 14.09% 15.5% 16.38%
Operating Expenses $197.8M $139.9M $138.4M
YoY Change 19.37% 1.08% 36.76%
Operating Profit $74.80M $67.80M $44.30M
YoY Change 14.9% 53.05% -10.69%
Interest Expense $400.0K -$2.300M -$1.400M
YoY Change -98.57% 64.29% -70.83%
% of Operating Profit 0.53% -3.39% -3.16%
Other Income/Expense, Net -$1.000M -$4.600M $48.20M
YoY Change -103.53% -109.54% 246.76%
Pretax Income $74.20M $63.20M $92.50M
YoY Change -20.56% -31.68% 45.67%
Income Tax $18.50M $16.10M $16.90M
% Of Pretax Income 24.93% 25.47% 18.27%
Net Earnings $56.50M $49.00M $76.20M
YoY Change -25.85% -35.7% 55.19%
Net Earnings / Revenue 12.22% 11.42% 21.33%
Basic Earnings Per Share $1.14 $1.78
Diluted Earnings Per Share $1.293M $1.13 $1.76
COMMON SHARES
Basic Shares Outstanding 43.10M shares 43.10M shares 42.90M shares
Diluted Shares Outstanding 43.40M shares 43.20M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $546.1M $487.3M $377.8M
YoY Change 17.64% 28.98% 7.09%
Cash & Equivalents $483.8M $427.0M $351.1M
Short-Term Investments $62.30M $60.30M $26.70M
Other Short-Term Assets $1.900M $1.700M $32.10M
YoY Change -66.67% -94.7% 35.44%
Inventory
Prepaid Expenses $30.60M $31.20M
Receivables $268.9M $239.3M $186.9M
Other Receivables $8.900M $10.60M $7.200M
Total Short-Term Assets $887.6M $797.0M $622.6M
YoY Change 21.59% 28.01% 11.04%
LONG-TERM ASSETS
Property, Plant & Equipment $171.8M $165.4M $150.9M
YoY Change 10.77% 9.61% -0.4%
Goodwill $1.207B $1.209B $1.178B
YoY Change 0.17% 2.62% 15.98%
Intangibles
YoY Change
Long-Term Investments $63.30M $51.00M $36.90M
YoY Change 94.17% 38.21% -38.4%
Other Assets $11.70M $12.60M $13.30M
YoY Change -18.75% -5.26% 47.78%
Total Long-Term Assets $1.975B $1.947B $1.940B
YoY Change 0.46% 0.36% 12.7%
TOTAL ASSETS
Total Short-Term Assets $887.6M $797.0M $622.6M
Total Long-Term Assets $1.975B $1.947B $1.940B
Total Assets $2.863B $2.744B $2.563B
YoY Change 6.18% 7.08% 12.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $76.50M $50.50M $53.70M
YoY Change 18.6% -5.96% 45.53%
Accrued Expenses $310.1M $251.5M $166.8M
YoY Change 48.3% 50.78% 18.3%
Deferred Revenue $399.0M $326.4M
YoY Change 22.24% 784.55%
Short-Term Debt $0.00 $0.00 $11.00M
YoY Change -100.0%
Long-Term Debt Due $11.00M
YoY Change 0.0%
Total Short-Term Liabilities $783.5M $693.4M $559.7M
YoY Change 25.06% 23.89% 29.65%
LONG-TERM LIABILITIES
Long-Term Debt $359.4M $374.3M $473.9M
YoY Change -19.97% -21.02% -11.39%
Other Long-Term Liabilities $13.80M $15.60M $35.00M
YoY Change -59.17% -55.43% 186.89%
Total Long-Term Liabilities $373.2M $389.9M $508.9M
YoY Change -22.72% -23.38% -6.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $783.5M $693.4M $559.7M
Total Long-Term Liabilities $373.2M $389.9M $508.9M
Total Liabilities $1.447B $1.359B $1.386B
YoY Change 1.56% -1.95% 11.71%
SHAREHOLDERS EQUITY
Retained Earnings $1.527B $1.499B $1.341B
YoY Change 9.87% 11.83% 10.3%
Common Stock $689.0M $685.5M $667.8M
YoY Change 2.64% 2.65% 3.23%
Preferred Stock
YoY Change
Treasury Stock (at cost) $764.3M $764.3M $765.9M
YoY Change -0.39% -0.21% 5.0%
Treasury Stock Shares 11.12M shares 11.12M shares 11.12M shares
Shareholders Equity $1.416B $1.386B $1.177B
YoY Change
Total Liabilities & Shareholders Equity $2.863B $2.744B $2.563B
YoY Change 6.18% 7.08% 12.29%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $56.50M $49.00M $76.20M
YoY Change -25.85% -35.7% 55.19%
Depreciation, Depletion And Amortization $38.40M $38.10M $35.80M
YoY Change 7.26% 6.42% 3.47%
Cash From Operating Activities $135.9M $122.6M $93.40M
YoY Change 18.59% 31.26% -11.64%
INVESTING ACTIVITIES
Capital Expenditures -$30.20M -$30.20M -$22.60M
YoY Change 37.27% 33.63% 12.44%
Acquisitions
YoY Change
Other Investing Activities -$12.10M -$26.00M -$44.90M
YoY Change -152.84% -42.09% -93.18%
Cash From Investing Activities -$42.30M -$56.20M -$67.50M
YoY Change -4800.0% -16.74% -90.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -36.30M -20.20M -34.00M
YoY Change -36.98% -40.59% -106.57%
NET CHANGE
Cash From Operating Activities 135.9M 122.6M 93.40M
Cash From Investing Activities -42.30M -56.20M -67.50M
Cash From Financing Activities -36.30M -20.20M -34.00M
Net Change In Cash 57.30M 46.20M -8.100M
YoY Change -1.04% -670.37% -85.3%
FREE CASH FLOW
Cash From Operating Activities $135.9M $122.6M $93.40M
Capital Expenditures -$30.20M -$30.20M -$22.60M
Free Cash Flow $166.1M $152.8M $116.0M
YoY Change 21.6% 31.72% -7.79%

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FinitelivedIntangibleAssetsAcquired1
13400000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
1205000000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-10800000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
1209000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
730200000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
386000000.0 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
344200000 USD
us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
722400000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
342300000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
380100000 USD
CY2020 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15600000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15600000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
46900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
43300000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
14600000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
54800000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
51000000.0 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
44800000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
38300000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
140700000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
344200000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
49000000.0 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
76200000 USD
us-gaap Profit Loss
ProfitLoss
136800000 USD
us-gaap Profit Loss
ProfitLoss
148300000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43100000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43000000.0 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42900000 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.14
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.78
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.18
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.46
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
49000000.0 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
76200000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
136800000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
148300000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43100000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43000000.0 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42900000 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43400000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43200000 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.13
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.43
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
428900000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
357200000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1237100000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1009100000 USD
morn Contract With Customer Liability Increase From Cash Receipts
ContractWithCustomerLiabilityIncreaseFromCashReceipts
58700000 USD
us-gaap Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
277500000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
233100000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
427200000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
112600000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
33500000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
13600000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
39000000.0 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
859000000.0 USD
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
399000000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
30500000 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
239300000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
205100000 USD
CY2021Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
52000000.0 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
39600000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
291300000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
244700000 USD
CY2021Q3 us-gaap Revenues
Revenues
428900000 USD
CY2020Q3 us-gaap Revenues
Revenues
357200000 USD
us-gaap Revenues
Revenues
1237100000 USD
us-gaap Revenues
Revenues
1009100000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
165400000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
155100000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
128100000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
147700000 USD
CY2021Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
60300000 USD
CY2020Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
41700000 USD
CY2021Q2 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
47500000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
34400000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
128100000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
147700000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
31500000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
39900000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
121400000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
137700000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
152900000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
177600000 USD
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
11000000.0 USD
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
11100000 USD
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
4200000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
4000000 USD
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
12000000.0 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
11000000.0 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
32900000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
30900000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
12200000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
10900000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
36000000.0 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
174000000.0 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
21100000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
11200000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
33000000.0 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
31900000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
22200000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
19700000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
56000000.0 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
152900000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y4M24D
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11100000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9900000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
31000000.0 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27500000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
63200000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
92500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
176300000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
189600000 USD
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1900000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
600000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4600000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-700000 USD
CY2021Q3 morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
65100000 USD
CY2020Q3 morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
93100000 USD
morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
180900000 USD
morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
188900000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16100000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16900000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40600000 USD
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.247
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.182
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.215
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.247
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
CY2021Q3 morn Effective Income Tax Rate Reconciliation Increase Decrease From Prior Year Percent Taxes
EffectiveIncomeTaxRateReconciliationIncreaseDecreaseFromPriorYearPercentTaxes
0.065
morn Effective Income Tax Rate Reconciliation Increase Decrease From Prior Year Percent Taxes
EffectiveIncomeTaxRateReconciliationIncreaseDecreaseFromPriorYearPercentTaxes
0.029
CY2021Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11100000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11800000 USD
CY2021Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
11100000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
11800000 USD
CY2021Q3 morn Decrease In Income Tax Expense Upon Recognition Of Gross Unrecognized Tax Benefits
DecreaseInIncomeTaxExpenseUponRecognitionOfGrossUnrecognizedTaxBenefits
11000000.0 USD
CY2020Q4 morn Decrease In Income Tax Expense Upon Recognition Of Gross Unrecognized Tax Benefits
DecreaseInIncomeTaxExpenseUponRecognitionOfGrossUnrecognizedTaxBenefits
11600000 USD
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
400000000 USD
CY2021Q3 morn Unrecognized Tax Benefits Included In Current Liabilities
UnrecognizedTaxBenefitsIncludedInCurrentLiabilities
7100000 USD
CY2020Q4 morn Unrecognized Tax Benefits Included In Current Liabilities
UnrecognizedTaxBenefitsIncludedInCurrentLiabilities
7600000 USD
CY2021Q3 morn Unrecognized Tax Benefits Included In Non Current Liabilities
UnrecognizedTaxBenefitsIncludedInNonCurrentLiabilities
5000000.0 USD
CY2021Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1200 shares
CY2020Q4 morn Unrecognized Tax Benefits Included In Non Current Liabilities
UnrecognizedTaxBenefitsIncludedInNonCurrentLiabilities
5100000 USD
CY2021Q3 morn Total Liability For Unrecognized Tax Benefits
TotalLiabilityForUnrecognizedTaxBenefits
12100000 USD
CY2020Q4 morn Total Liability For Unrecognized Tax Benefits
TotalLiabilityForUnrecognizedTaxBenefits
12700000 USD
CY2021Q3 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
1000000 USD
CY2021Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
300000 USD
CY2021Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
399700000 USD

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