2017 Q1 Form 10-Q Financial Statement
#000156459017008974 Filed on May 05, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
Revenue | $301.2M | $278.8M |
YoY Change | 8.03% | 6.11% |
Cost Of Revenue | $67.46M | $63.17M |
YoY Change | 6.79% | -9.63% |
Gross Profit | $233.7M | $215.7M |
YoY Change | 8.39% | 11.82% |
Gross Profit Margin | 77.6% | 77.34% |
Selling, General & Admin | $63.95M | $63.58M |
YoY Change | 0.59% | -12.26% |
% of Gross Profit | 27.36% | 29.48% |
Research & Development | $18.97M | $18.93M |
YoY Change | 0.22% | -18.38% |
% of Gross Profit | 8.12% | 8.78% |
Depreciation & Amortization | $8.838M | $8.168M |
YoY Change | 8.2% | 13.33% |
% of Gross Profit | 3.78% | 3.79% |
Operating Expenses | $82.92M | $82.51M |
YoY Change | 0.5% | -13.74% |
Operating Profit | $130.7M | $113.1M |
YoY Change | 15.55% | 27.49% |
Interest Expense | $29.02M | $22.90M |
YoY Change | 26.72% | 106.19% |
% of Operating Profit | 22.2% | 20.24% |
Other Income/Expense, Net | -$29.11M | -$22.36M |
YoY Change | 30.15% | 101.8% |
Pretax Income | $101.6M | $90.78M |
YoY Change | 11.95% | 16.89% |
Income Tax | $28.67M | $30.41M |
% Of Pretax Income | 28.22% | 33.5% |
Net Earnings | $72.95M | $60.37M |
YoY Change | 20.85% | 37.74% |
Net Earnings / Revenue | 24.22% | 21.65% |
Basic Earnings Per Share | $0.80 | $0.61 |
Diluted Earnings Per Share | $0.80 | $0.60 |
COMMON SHARES | ||
Basic Shares Outstanding | 90.71M | 99.43M |
Diluted Shares Outstanding | 91.62M | 100.0M |
Balance Sheet
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $697.0M | $445.0M |
YoY Change | 56.63% | -17.26% |
Cash & Equivalents | $697.0M | $445.0M |
Short-Term Investments | ||
Other Short-Term Assets | $29.40M | $58.60M |
YoY Change | -49.83% | -11.35% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $262.3M | $260.2M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $988.7M | $763.8M |
YoY Change | 29.44% | -3.15% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $93.16M | $96.01M |
YoY Change | -2.97% | -1.53% |
Goodwill | $1.556B | $1.564B |
YoY Change | -0.49% | 0.15% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $18.08M | $18.26M |
YoY Change | -0.98% | -40.96% |
Total Long-Term Assets | $2.016B | $2.068B |
YoY Change | -2.48% | -1.9% |
TOTAL ASSETS | ||
Total Short-Term Assets | $988.7M | $763.8M |
Total Long-Term Assets | $2.016B | $2.068B |
Total Assets | $3.005B | $2.832B |
YoY Change | 6.13% | -2.24% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.138M | $1.514M |
YoY Change | -24.83% | 32.92% |
Accrued Expenses | $112.8M | $61.89M |
YoY Change | 82.27% | -4.83% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $496.3M | $468.5M |
YoY Change | 5.94% | 3.7% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.076B | $1.580B |
YoY Change | 31.39% | 97.5% |
Other Long-Term Liabilities | $62.20M | $61.55M |
YoY Change | 1.06% | 17.74% |
Total Long-Term Liabilities | $2.138B | $1.642B |
YoY Change | 30.25% | 92.6% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $496.3M | $468.5M |
Total Long-Term Liabilities | $2.138B | $1.642B |
Total Liabilities | $2.726B | $2.216B |
YoY Change | 23.03% | 53.8% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.197B | |
YoY Change | 14.4% | |
Common Stock | $1.197B | |
YoY Change | 15.11% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $1.742B | |
YoY Change | 191.02% | |
Treasury Stock Shares | 32.25M shares | |
Shareholders Equity | $278.8M | $615.7M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.005B | $2.832B |
YoY Change | 6.13% | -2.24% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $72.95M | $60.37M |
YoY Change | 20.85% | 37.74% |
Depreciation, Depletion And Amortization | $8.838M | $8.168M |
YoY Change | 8.2% | 13.33% |
Cash From Operating Activities | $37.02M | $36.89M |
YoY Change | 0.35% | -44.68% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $7.322M | $3.135M |
YoY Change | 133.56% | -36.46% |
Acquisitions | $60.00K | |
YoY Change | ||
Other Investing Activities | -$100.0K | |
YoY Change | ||
Cash From Investing Activities | -$9.629M | -$5.520M |
YoY Change | 74.44% | -12.66% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $25.50M | $21.89M |
YoY Change | 16.5% | 7.24% |
Common Stock Issuance & Retirement, Net | $100.4M | $346.7M |
YoY Change | -71.05% | 3249.26% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -125.2M | -366.2M |
YoY Change | -65.8% | 1249.37% |
NET CHANGE | ||
Cash From Operating Activities | 37.02M | 36.89M |
Cash From Investing Activities | -9.629M | -5.520M |
Cash From Financing Activities | -125.2M | -366.2M |
Net Change In Cash | -97.84M | -334.8M |
YoY Change | -70.78% | -1107.61% |
FREE CASH FLOW | ||
Cash From Operating Activities | $37.02M | $36.89M |
Capital Expenditures | $7.322M | $3.135M |
Free Cash Flow | $29.69M | $33.75M |
YoY Change | -12.03% | -45.34% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
29390000 | |
CY2017Q1 | us-gaap |
Assets Current
AssetsCurrent
|
988651000 | |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
93156000 | |
CY2017Q1 | us-gaap |
Goodwill
Goodwill
|
1556453000 | |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
339107000 | |
CY2017Q1 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
9687000 | |
CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
18084000 | |
CY2017Q1 | us-gaap |
Assets
Assets
|
3005138000 | |
CY2017Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1138000 | |
CY2017Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
3755000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
237000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
313000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
82000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
231000 | |
CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-885000 | |
CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-81000 | |
CY2017Q1 | us-gaap |
Depreciation
Depreciation
|
8838000 | |
CY2017Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-28977000 | |
CY2016Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-22364000 | |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
101625000 | |
CY2017Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
67521000 | |
CY2016Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
63172000 | |
CY2017Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
43014000 | |
CY2016Q1 | us-gaap |
Depreciation
Depreciation
|
8168000 | |
CY2016Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
41689000 | |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
18977000 | |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
90777000 | |
CY2016Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
18928000 | |
CY2017Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
21004000 | |
CY2016Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
21890000 | |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
28674000 | |
CY2017Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
11251000 | |
CY2016Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
11840000 | |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
30410000 | |
CY2017Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
170605000 | |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
72951000 | |
CY2016Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
165687000 | |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
130602000 | |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
60367000 | |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
113141000 | |
CY2017Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
932000 | |
CY2016Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
621000 | |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
29024000 | |
CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
22904000 | |
CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.80 | |
CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.61 | |
CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.80 | |
CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.60 | |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90708000 | |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
99425000 | |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
91624000 | |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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CY2017Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.28 | |
CY2016Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.22 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
2941000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
304000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
67000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
2941000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
99000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
37000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
62000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2879000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
6000 | |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
60373000 | |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9394000 | |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7080000 | |
CY2017Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
8838000 | |
CY2016Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
8168000 | |
CY2017Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
849000 | |
CY2016Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
709000 | |
CY2017Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2035000 | |
CY2016Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3769000 | |
CY2017Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-25000 | |
CY2016Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-359000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
40582000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
51664000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
|
-12438000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
|
-22246000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-629000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-270000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
561000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1006000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
3755000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-76708000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-62258000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-10280000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-1325000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
43247000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
42039000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-2682000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-3831000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
37015000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
36887000 | |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
7322000 | |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3135000 | |
CY2017Q1 | us-gaap |
Payments For Software
PaymentsForSoftware
|
2307000 | |
CY2016Q1 | us-gaap |
Payments For Software
PaymentsForSoftware
|
2325000 | |
CY2016Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
60000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9629000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5520000 | |
CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
625000 | |
CY2016Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2438000 | |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
100362000 | |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
346715000 | |
CY2017Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
25489000 | |
CY2016Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
21889000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-125226000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-366166000 | |
CY2017Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
2978000 | |
CY2016Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
2107000 | |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-94862000 | |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-332692000 | |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
777706000 | |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
445014000 | |
CY2017Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
34916000 | |
CY2016Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
23451000 | |
CY2017Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
13294000 | |
CY2016Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
11242000 | |
CY2017Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
2944000 | |
CY2016Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
5077000 | |
CY2017Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
269000 | |
CY2016Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
157000 | |
CY2017Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div> <p style="margin-top:18pt;margin-bottom:0pt;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;text-indent:4.54%;">Concentrations</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">BlackRock, Inc. accounted for 10.3% of the Company’s consolidated operating revenues for the three months ended March 31, 2017 while no single customer represented 10.0% or more of the Company’s consolidated operating revenues for the three months ended March 31, 2016. For the three months ended March 31, 2017 and 2016, BlackRock, Inc. accounted for 18.6% and 17.0% of the Index segment operating revenues, respectively. No single customer represented 10.0% or more of revenues within the Analytics and All Other segments for the three months ended March 31, 2017 and 2016.</p></div> | |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
32818000 | |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
810500000 | |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
42074000 | |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
40074000 | |
CY2017Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3002 | |
CY2016Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
916000 | |
CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
573000 | |
CY2017Q1 | msci |
Computer And Related Equipment Gross
ComputerAndRelatedEquipmentGross
|
168516000 | |
CY2016Q4 | msci |
Computer And Related Equipment Gross
ComputerAndRelatedEquipmentGross
|
162306000 | |
CY2017Q1 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
9879000 | |
CY2016Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
9724000 | |
CY2017Q1 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
50420000 | |
CY2016Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
49442000 | |
CY2017Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
10560000 | |
CY2016Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
10954000 | |
CY2017Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
239375000 | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
232426000 | |
CY2017Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
603000 | |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
813383000 | |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
37889000 | |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
36376000 | |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
149876000 | |
CY2017Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
5800000 | |
CY2016Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
6100000 | |
CY2017Q1 | us-gaap |
Line Of Credit Facility Description
LineOfCreditFacilityDescription
|
The 2014 Revolving Credit Agreement had an initial term of five years with an option to extend for two additional one-year terms. On August 4, 2016, the Company entered into Amendment No. 1 (the “Amendment”) to the 2014 Revolving Credit Agreement (the 2014 Revolving Credit Agreement as so amended, the “Revolving Credit Agreement”). The Amendment, among other things, (i) increased aggregate commitments available to be borrowed to $220.0 million, (ii) increased the maximum consolidated leverage ratio and (iii) extended the initial term to August 2021 with an option to extend for an additional one-year term. | |
CY2017Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
24100000 | |
CY2016Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
24800000 | |
CY2017Q1 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
2200600000 | |
CY2016Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
2192500000 | |
CY2017Q1 | us-gaap |
Dividends
Dividends
|
25769000 | |
CY2016Q1 | us-gaap |
Dividends
Dividends
|
22046000 | |
CY2017Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
25500000 | |
CY2016Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
21889000 | |
CY2017Q1 | msci |
Increase Decrease In Deferred Dividends
IncreaseDecreaseInDeferredDividends
|
269000 | |
CY2016Q1 | msci |
Increase Decrease In Deferred Dividends
IncreaseDecreaseInDeferredDividends
|
157000 | |
CY2017Q1 | msci |
Stock Issued During Period Shares Stock New Issues And Options Exercised
StockIssuedDuringPeriodSharesStockNewIssuesAndOptionsExercised
|
389198 | |
CY2017Q1 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
139208 | |
CY2017Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1079005 | |
CY2017Q1 | msci |
Stock Issued During Period Shares New Issues To Directors
StockIssuedDuringPeriodSharesNewIssuesToDirectors
|
41 | |
CY2017Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.282 | |
CY2016Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.335 | |
CY2017Q1 | msci |
Tax Benefits Recognized During The Current Year And Unrelated To Current Year Earnings
TaxBenefitsRecognizedDuringTheCurrentYearAndUnrelatedToCurrentYearEarnings
|
3500000 | |
CY2017Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.035 | |
CY2017Q1 | us-gaap |
Significant Change In Unrecognized Tax Benefits Nature Of Event
SignificantChangeInUnrecognizedTaxBenefitsNatureOfEvent
|
It is reasonably possible that significant changes in the balance of unrecognized tax benefits may occur within the next 12 months. | |
CY2017Q1 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Not Possible
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeNotPossible
|
At this time, however, it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits and the impact on the effective tax rate over the next 12 months. | |
CY2017Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
4 | |
CY2017Q1 | msci |
Operating Segment Profitability
OperatingSegmentProfitability
|
150691000 | |
CY2016Q1 | msci |
Operating Segment Profitability
OperatingSegmentProfitability
|
133149000 | |
CY2017Q1 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
1988716000 | |
CY2016Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
1999075000 |