$NSIT
INSIGHT ENTERPRISES INC

2019 Q3 Form 10-Q Financial Statement

#000156459019041138 Filed on November 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3 2018 Q2
Revenue $1.913B $1.748B $1.841B
YoY Change 9.43% -0.58% 9.31%
Cost Of Revenue $1.636B $1.513B $1.576B
YoY Change 8.17% -1.25% 10.04%
Gross Profit $276.2M $234.9M $264.4M
YoY Change 17.57% 3.91% 5.17%
Gross Profit Margin 14.44% 13.44% 14.36%
Selling, General & Admin $223.2M $184.1M $189.5M
YoY Change 21.25% 2.05% 4.82%
% of Gross Profit 80.82% 78.37% 71.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.47M $9.491M $8.882M
YoY Change 20.85% -13.01% -12.14%
% of Gross Profit 4.15% 4.04% 3.36%
Operating Expenses $223.2M $184.1M $189.5M
YoY Change 21.25% 2.05% 4.82%
Operating Profit $44.42M $49.95M $74.44M
YoY Change -11.06% 20.52% 7.37%
Interest Expense $7.694M $5.802M $4.932M
YoY Change 32.61% 4.45% 14.01%
% of Operating Profit 17.32% 11.62% 6.63%
Other Income/Expense, Net $538.0K -$6.734M -$4.981M
YoY Change -107.99% 1886.43% 1427.91%
Pretax Income $37.27M $43.21M $69.46M
YoY Change -13.76% 21.95% 7.47%
Income Tax $10.13M $11.06M $17.98M
% Of Pretax Income 27.19% 25.59% 25.88%
Net Earnings $27.13M $32.15M $51.48M
YoY Change -15.62% 43.47% 27.88%
Net Earnings / Revenue 1.42% 1.84% 2.8%
Basic Earnings Per Share $0.76 $0.91 $1.45
Diluted Earnings Per Share $0.76 $0.89 $1.44
COMMON SHARES
Basic Shares Outstanding 35.51M 35.47M 35.48M
Diluted Shares Outstanding 35.87M 35.96M 35.82M

Balance Sheet

Concept 2019 Q3 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $140.5M $111.1M $248.1M
YoY Change 26.46% -53.0% 27.36%
Cash & Equivalents $140.5M $111.1M $248.1M
Short-Term Investments
Other Short-Term Assets $121.0M $103.8M $122.4M
YoY Change 16.57% -31.29% -42.33%
Inventory $219.9M $171.2M $174.1M
Prepaid Expenses
Receivables $2.321B $1.682B $2.161B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.802B $2.069B $2.710B
YoY Change 35.45% -4.33% 8.36%
LONG-TERM ASSETS
Property, Plant & Equipment $170.0M $74.10M $74.69M
YoY Change 129.42% -4.43% -3.6%
Goodwill $358.4M $167.1M $130.8M
YoY Change 114.52% 27.0% 2.84%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $298.5M $70.22M $68.74M
YoY Change 325.06% 12.2% 5.33%
Total Long-Term Assets $1.180B $441.8M $382.5M
YoY Change 167.12% 5.96% -8.36%
TOTAL ASSETS
Total Short-Term Assets $2.802B $2.069B $2.710B
Total Long-Term Assets $1.180B $441.8M $382.5M
Total Assets $3.982B $2.511B $3.093B
YoY Change 58.63% -2.67% 5.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.428B $995.6M $1.700B
YoY Change 43.46% 9.77% 13.86%
Accrued Expenses $254.7M $180.1M $199.1M
YoY Change 41.41% 19.11% 14.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.100M $17.40M $16.90M
YoY Change -93.68% 13.73% 15.75%
Total Short-Term Liabilities $1.752B $1.257B $1.982B
YoY Change 39.41% 7.15% 10.26%
LONG-TERM LIABILITIES
Long-Term Debt $835.7M $251.3M $144.9M
YoY Change 232.55% -52.98% -49.37%
Other Long-Term Liabilities $233.4M $59.00M $58.96M
YoY Change 295.59% 33.08% 22.59%
Total Long-Term Liabilities $1.069B $59.00M $58.96M
YoY Change 1712.0% 33.08% 22.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.752B $1.257B $1.982B
Total Long-Term Liabilities $1.069B $59.00M $58.96M
Total Liabilities $2.880B $1.568B $2.186B
YoY Change 83.71% -10.56% 2.52%
SHAREHOLDERS EQUITY
Retained Earnings $657.6M $625.2M
YoY Change 22.68% 21.72%
Common Stock $319.4M $316.0M
YoY Change 1.26% 1.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.103B $943.0M $906.7M
YoY Change
Total Liabilities & Shareholders Equity $3.982B $2.511B $3.093B
YoY Change 58.63% -2.67% 5.97%

Cashflow Statement

Concept 2019 Q3 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $27.13M $32.15M $51.48M
YoY Change -15.62% 43.47% 27.88%
Depreciation, Depletion And Amortization $11.47M $9.491M $8.882M
YoY Change 20.85% -13.01% -12.14%
Cash From Operating Activities -$13.90M -$103.8M $200.3M
YoY Change -86.61% -53.72% 279.36%
INVESTING ACTIVITIES
Capital Expenditures -$6.300M -$2.400M -$5.600M
YoY Change 162.5% -57.14% 2700.0%
Acquisitions
YoY Change
Other Investing Activities -$660.9M -$74.50M
YoY Change 787.11% 1555.56%
Cash From Investing Activities -$667.3M -$76.90M -$5.600M
YoY Change 767.75% 661.39% 1766.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 713.4M 40.40M -39.30M
YoY Change 1665.84% -84.94% -17.09%
NET CHANGE
Cash From Operating Activities -13.90M -103.8M 200.3M
Cash From Investing Activities -667.3M -76.90M -5.600M
Cash From Financing Activities 713.4M 40.40M -39.30M
Net Change In Cash 32.20M -140.3M 155.4M
YoY Change -122.95% -513.86% 2947.06%
FREE CASH FLOW
Cash From Operating Activities -$13.90M -$103.8M $200.3M
Capital Expenditures -$6.300M -$2.400M -$5.600M
Free Cash Flow -$7.600M -$101.4M $205.9M
YoY Change -92.5% -53.64% 288.49%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Shell Company
EntityShellCompany
false
CY2019Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
35256041
dei Local Phone Number
LocalPhoneNumber
333-3000
dei Security12b Title
Security12bTitle
Common stock, par value $0.01
dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
142655000
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
140549000
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
85283
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei City Area Code
CityAreaCode
480
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M8D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y8M8D
CY2019Q3 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsCurrent
CY2018Q4 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsCurrent
CY2019Q3 us-gaap Restricted Cash Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashNoncurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
CY2018Q4 us-gaap Restricted Cash Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashNoncurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
CY2018Q3 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsCurrent
CY2017Q4 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsCurrent
CY2018Q3 us-gaap Restricted Cash Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashNoncurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
CY2017Q4 us-gaap Restricted Cash Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashNoncurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
10243000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
10462000
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
255916000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
331700000
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
65922000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
52942000
CY2019Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
3027000
CY2018Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
7967000
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
298477000
CY2019Q3 us-gaap Assets
Assets
3982360000
CY2019Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1220678000
CY2019Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
207658000
CY2018Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
304130000
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
254677000
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
86-0766246
dei Entity Address Address Line1
EntityAddressAddressLine1
6820 South Harl Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
Tempe
dei Entity Address State Or Province
EntityAddressStateOrProvince
AZ
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
0-25092
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
169996000
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
350342000
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
115683000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
2338577000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
72954000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
112179000
CY2019Q3 us-gaap Assets Current
AssetsCurrent
2802134000
CY2019Q3 us-gaap Inventory Net
InventoryNet
219932000
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2320681000
CY2018Q4 us-gaap Inventory Net
InventoryNet
148503000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1931736000
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
120972000
CY2019Q3 us-gaap Goodwill
Goodwill
358384000
CY2018Q4 us-gaap Goodwill
Goodwill
166841000
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
195525000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1536662000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
56088000
CY2018Q4 us-gaap Liabilities
Liabilities
1788958000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
323622000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-41653000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
704665000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
986989000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2775947000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
32154000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
77429000
CY2018Q4 us-gaap Assets
Assets
2775947000
CY2018Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
978104000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
27132000
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1142000
CY2019Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
67819000
CY2018Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
62300000
CY2018Q4 us-gaap Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
683000
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
35251000
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35251000
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
35482000
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35482000
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
355000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1912547000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1747726000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5434034000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5331090000
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1636352000
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1512812000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4633918000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4591536000
CY2019Q3 us-gaap Gross Profit
GrossProfit
276195000
CY2018Q3 us-gaap Gross Profit
GrossProfit
234914000
us-gaap Gross Profit
GrossProfit
800116000
us-gaap Gross Profit
GrossProfit
739554000
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
223215000
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
184095000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
613767000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
561739000
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
2662000
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
683000
us-gaap Restructuring Charges
RestructuringCharges
3712000
us-gaap Restructuring Charges
RestructuringCharges
2709000
CY2019Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5896000
CY2018Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
188000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
9059000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
282000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
44422000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
49948000
us-gaap Operating Income Loss
OperatingIncomeLoss
173578000
us-gaap Operating Income Loss
OperatingIncomeLoss
174824000
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
393000
CY2018Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
330000
us-gaap Investment Income Interest
InvestmentIncomeInterest
930000
us-gaap Investment Income Interest
InvestmentIncomeInterest
653000
CY2019Q3 us-gaap Interest Expense
InterestExpense
8087000
CY2018Q3 us-gaap Interest Expense
InterestExpense
6132000
us-gaap Interest Expense
InterestExpense
17511000
us-gaap Interest Expense
InterestExpense
17249000
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
391000
CY2018Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-539000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
10000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-19000
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
147000
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-393000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-868000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1019000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37266000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43214000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
156139000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
157190000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10134000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11060000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39682000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40554000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
27132000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
32154000
us-gaap Net Income Loss
NetIncomeLoss
116457000
us-gaap Net Income Loss
NetIncomeLoss
116636000
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.76
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.27
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.24
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35512000
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35468000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35631000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35622000
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35868000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35957000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36027000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36012000
us-gaap Net Income Loss
NetIncomeLoss
116457000
us-gaap Net Income Loss
NetIncomeLoss
116636000
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-8903000
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
657000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-7278000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-9774000
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18229000
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
32811000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
109179000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
106862000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
906749000
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
270000
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3717000
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
657000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
32154000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
943007000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1079583000
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
266000
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4098000
CY2019Q3 nsit Equity Component Of Convertible Senior Notes Deferred Tax
EquityComponentOfConvertibleSeniorNotesDeferredTax
14819000
CY2019Q3 nsit Additional Paid In Capital Related To Convertible Note Embedded Conversion Option Debt Issuance Costs
AdditionalPaidInCapitalRelatedToConvertibleNoteEmbeddedConversionOptionDebtIssuanceCosts
1700000
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
44731000
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
34440000
CY2019Q3 nsit Purchase Of Note Hedge Related To Convertible Senior Notes Deferred Tax
PurchaseOfNoteHedgeRelatedToConvertibleSeniorNotesDeferredTax
16047000
CY2019Q3 nsit Adjustments To Additional Paid In Capital Purchase Of Note Hedge Related To Convertible Senior Notes
AdjustmentsToAdditionalPaidInCapitalPurchaseOfNoteHedgeRelatedToConvertibleSeniorNotes
50278000
CY2019Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
27899000
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-8903000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
27132000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
1102638000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
843469000
us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
7176000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3195000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10764000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
22069000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-9774000
us-gaap Net Income Loss
NetIncomeLoss
116636000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
943007000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
986989000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
6419000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11895000
nsit Equity Component Of Convertible Senior Notes Deferred Tax
EquityComponentOfConvertibleSeniorNotesDeferredTax
14819000
nsit Additional Paid In Capital Related To Convertible Note Embedded Conversion Option Debt Issuance Costs
AdditionalPaidInCapitalRelatedToConvertibleNoteEmbeddedConversionOptionDebtIssuanceCosts
1700000
us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
44731000
us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
34440000
nsit Purchase Of Note Hedge Related To Convertible Senior Notes Deferred Tax
PurchaseOfNoteHedgeRelatedToConvertibleSeniorNotesDeferredTax
16047000
nsit Adjustments To Additional Paid In Capital Purchase Of Note Hedge Related To Convertible Senior Notes
AdjustmentsToAdditionalPaidInCapitalPurchaseOfNoteHedgeRelatedToConvertibleSeniorNotes
50278000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
27899000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-7278000
us-gaap Net Income Loss
NetIncomeLoss
116457000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
1102638000
us-gaap Profit Loss
ProfitLoss
116457000
us-gaap Profit Loss
ProfitLoss
116636000
us-gaap Depreciation
Depreciation
15506000
us-gaap Depreciation
Depreciation
16018000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13590000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11399000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2695000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2572000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2322000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-352000
us-gaap Inventory Write Down
InventoryWriteDown
3281000
us-gaap Inventory Write Down
InventoryWriteDown
2410000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
367000
us-gaap Share Based Compensation
ShareBasedCompensation
11895000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
664287000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
74938000
us-gaap Share Based Compensation
ShareBasedCompensation
10764000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2501000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2964000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-68057000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-222047000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
17946000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-24373000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
99681000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-31555000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-39191000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-201147000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1148000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
11326000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
89905000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4043000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
168595000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
247241000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16922000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13046000
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
479000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-681209000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-87505000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
242936000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
569232000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
242936000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
686732000
us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
2364500000
us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
2662000000
us-gaap Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
2558500000
us-gaap Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
2576000000
nsit Repayments Under Term Loan
RepaymentsUnderTermLoan
9844000
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
183000
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
2312000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
980000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1002000
us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-96472000
us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-81911000
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
341250000
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
34440000
us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
66325000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1180000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
270000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6419000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3195000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
27899000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
22069000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
514442000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-152103000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3960000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2434000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2132000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5199000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
144293000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1912547000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
107445000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
142161000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
112644000
us-gaap Basis Of Accounting
BasisOfAccounting
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p id="Notes" style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Verdana;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-weight:bold;font-family:Verdana;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1.</span><span style="margin-left:36pt;">Basis</span><span style="font-weight:bold;font-family:Verdana;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"> of Presentation and Rece</span><span style="font-weight:bold;font-family:Verdana;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">ntly Issued Accounting </span><span style="font-weight:bold;font-family:Verdana;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Standards</span></p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We empower organizations of all sizes with Insight Intelligent Technology Solutions<sup style="font-size:85%;line-height:120%;vertical-align:top">TM</sup> and services to maximize the business value of IT in North America; Europe, the Middle East and Africa (“EMEA”); and Asia-Pacific (“APAC”).  As a Fortune 500-ranked global provider of digital innovation, cloud/data center transformation, connected workforce, and supply chain optimization solutions and services, we help clients innovate and optimize their operations to run smarter.  Our company is organized in the following three operating segments, which are primarily defined by their related geographies:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:60%;"> <tr style="height:13.5pt;"> <td style="width:25%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-family:Verdana;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><span style="text-decoration:underline;">Operating Segment</span></p></td> <td style="width:35%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-family:Verdana;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><span style="text-decoration:underline;">Geography</span></p></td> </tr> <tr style="height:15.75pt;"> <td style="background-color:#CFF0FC;width:25%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">North America</p></td> <td style="background-color:#CFF0FC;width:35%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">United States and Canada</p></td> </tr> <tr style="height:15.75pt;"> <td style="width:25%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:10.15pt;;text-indent:-10.15pt;;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">EMEA</p></td> <td style="width:35%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Europe, Middle East and Africa</p></td> </tr> <tr style="height:15.75pt;"> <td style="background-color:#CFF0FC;width:25%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">APAC</p></td> <td style="background-color:#CFF0FC;width:35%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Asia-Pacific</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our offerings in North America and certain countries in EMEA and APAC include hardware, software and services.  Our offerings in the remainder of our EMEA and APAC segments consist of largely software and certain software-related services.  </p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary to present fairly our financial position as of September 30, 2019 and our results of operations for the three and nine months ended September 30, 2019 and 2018 and cash flows for the nine months ended September 30, 2019 and 2018.  The consolidated balance sheet as of December 31, 2018 was derived from the audited consolidated balance sheet at such date.  The accompanying unaudited consolidated financial statements and notes have been prepared in accordance with the rules and regulations promulgated by the SEC and consequently do not include all of the disclosures normally required by United States generally accepted accounting principles (“GAAP”).  </p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The results of operations for interim periods are not necessarily indicative of results for the full year, due in part to the seasonal nature of our business.  These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements, including the related notes thereto, in our Annual Report on Form 10-K for the year ended December 31, 2018.  Our results of operations include the results of PCM, Inc. (“PCM”) from its acquisition date of August 30, 2019 and Cardinal Solutions Group, Inc. (“Cardinal”) from its acquisition date of August 1, 2018.  </p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The consolidated financial statements include the accounts of Insight Enterprises, Inc. and its wholly owned subsidiaries.  All significant intercompany balances and transactions have been eliminated in consolidation.  </p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements.  Additionally, these estimates and assumptions affect the reported amounts of net sales and expenses during the reporting period.  Actual results could differ from those estimates.  On an ongoing basis, we evaluate our estimates, including those related to sales recognition, anticipated achievement levels under partner funding programs, assumptions related to stock-based compensation valuation, allowances for doubtful accounts, valuation of inventories, litigation-related obligations, valuation allowances for deferred tax assets and impairment of long-lived assets, including purchased intangibles and goodwill, if indicators of potential impairment exist.</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Verdana;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Recently Issued Accounting Standards</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In June 2016, the Financial Accounting Standards Board’s (“FASB”) issued Accounting Standard Update (“ASU”) No. 2016-13, “Financial Instruments – Credit Losses.”  The new standard is intended to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held at each reporting date.  The new standard is effective for interim and annual periods beginning after December 15, 2019, and early adoption is permitted.  We will adopt the new standard as of January 1, 2020 and do not expect the adoption to have a material effect on our consolidated financial statements. </p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In April 2019, the FASB issued ASU No. 2019-04, “Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments.”  The new standard provides changes for how a company considers expected recoveries and contractual extensions or renewal options when estimating expected credit losses.  The new standard is effective with the adoption of  ASU No. 2016-13.  We will adopt the new standard as of January 1, 2020 and do not expect the adoption to have a material effect on our consolidated financial statements.     </p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Effective January 1, 2019, we adopted the FASB ASU No. 2016-02—<span style="font-style:italic;">Leases (Topic 842) </span>using the effective date transition method. This approach provides a method for recording existing leases at adoption without restating comparative periods. We elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed us to carry forward the historical lease classification.  In addition, we made an accounting policy election not to separate non-lease components from lease components for all existing classes of underlying assets with the exception of land and buildings.  We also made an accounting policy election to not record right of use (“ROU”) assets and lease liabilities for leases with an initial term of twelve months or less on our consolidated balance sheet.</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Adoption of the new standard resulted in the recording of additional net operating lease ROU assets and lease liabilities of $65,922,000 and $70,512,000, respectively, as of January 1, 2019. The difference between the additional lease assets and lease liabilities reflected existing accrued and prepaid rent balances that were reclassified to the operating lease ROU asset at January 1, 2019. The standard did not materially impact our consolidated net earnings and had no impact on cash flows.  </p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.14%;font-family:Verdana;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">There have been no other material changes in or additions to the recently issued accounting standards as previously reported in Note 1 to our Consolidated Financial Statements in Part II, Item 8 of our Annual Report on Form 10-K for the year ended December 31, 2018 that affect or may affect our current financial statements.</p>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2019Q3 nsit Lease Right Of Use Asset
LeaseRightOfUseAsset
79799000
CY2019Q1 nsit Lease Right Of Use Asset
LeaseRightOfUseAsset
67615000
CY2019Q3 nsit Lease Liability
LeaseLiability
85333000
CY2019Q1 nsit Lease Liability
LeaseLiability
73432000
CY2019Q3 nsit Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
515000
CY2019Q1 nsit Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
0
CY2019Q3 us-gaap Lease Cost
LeaseCost
5390000
us-gaap Lease Cost
LeaseCost
15552000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6008000
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
310000
CY2019Q3 nsit Operating And Finance Lease Liability Payments Remainder Of Fiscal Year
OperatingAndFinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
6318000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
21144000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1150000
CY2019Q3 nsit Operating And Finance Lease Liability Payments Due Year Two
OperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
22294000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
17812000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
432000
CY2019Q3 nsit Operating And Finance Lease Liability Payments Due Year Three
OperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
18244000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14470000
CY2019Q3 nsit Operating And Finance Lease Liability Payments Due Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
14470000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8984000
CY2019Q3 nsit Operating And Finance Lease Liability Payments Due Year Five
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFive
8984000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
25486000
CY2019Q3 nsit Operating And Finance Lease Liability Payments Due After Year Five
OperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
25486000
CY2019Q3 nsit Operating And Finance Lease Liability Payments Due
OperatingAndFinanceLeaseLiabilityPaymentsDue
95796000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
93904000
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1892000
CY2019Q3 nsit Operating Leases Future Minimum Payments Interest Included In Payments
OperatingLeasesFutureMinimumPaymentsInterestIncludedInPayments
10384000
CY2019Q3 nsit Finance Leases Future Minimum Payments Interest Included In Payments
FinanceLeasesFutureMinimumPaymentsInterestIncludedInPayments
79000
CY2019Q3 nsit Operating And Finance Leases Future Minimum Payments Interest Included In Payments
OperatingAndFinanceLeasesFutureMinimumPaymentsInterestIncludedInPayments
10463000
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
83520000
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
1813000
CY2019Q3 nsit Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
85333000
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
Operating lease payments include $13.4 million related to options to extend lease terms that are reasonably certain of being exercised
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0365
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0485
us-gaap Operating Lease Payments
OperatingLeasePayments
14527000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5901000
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
20114000
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
19126000
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
14444000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
21499000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
15580000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
12121000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
9150000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
6296000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
7238000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
71884000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
1600000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1912547000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1912547000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1747726000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1747726000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1747726000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5434034000
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
892000
nsit Contract With Customer Assets Recognized Net Of Reclassification To Receivables
ContractWithCustomerAssetsRecognizedNetOfReclassificationToReceivables
-117000
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
-7445000
CY2019Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
117000
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
72501000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5434034000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5434034000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5331090000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5331090000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5331090000
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
892000
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
82117000
us-gaap Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
-47831000
nsit Contract With Customer Liability Cash Received In Advance And Not Recognized As Revenue
ContractWithCustomerLiabilityCashReceivedInAdvanceAndNotRecognizedAsRevenue
-45660000
us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Explanation
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionExplanation
With the exception of remaining performance obligations associated with our OneCall Support Services contracts which are included in the table above regardless of original duration, remaining performance obligations that have original expected durations of one year or less are not included in the table above.  Amounts not included in the table above have an average original expected duration of eight months.
nsit Time And Material Contracts Average Expected Duration
TimeAndMaterialContractsAverageExpectedDuration
P13M
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
27132000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
32154000
us-gaap Net Income Loss
NetIncomeLoss
116457000
us-gaap Net Income Loss
NetIncomeLoss
116636000
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35512000
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35468000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35631000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35622000
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
356000
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
489000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
396000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
390000
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35868000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35957000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36027000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36012000
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.76
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.27
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.24
CY2018Q4 nsit Accounts Receivable Securitization Financing Facility
AccountsReceivableSecuritizationFinancingFacility
194000000
CY2019Q3 us-gaap Contractual Obligation
ContractualObligation
1813000
CY2018Q4 us-gaap Contractual Obligation
ContractualObligation
2920000
CY2019Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
836856000
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
196920000
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1142000
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1395000
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
835714000
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
195525000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
105831000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
144293000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
111055000
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
1813000
CY2018Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2920000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
140549000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
142655000
CY2018Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
8000
CY2019Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1612000
CY2018Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1630000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142161000
CY2018Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
17000
CY2017Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
46000
CY2018Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1572000
CY2017Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1568000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112644000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107445000
nsit Percentage Of Award Vested Upon Completion Of Acquisition
PercentageOfAwardVestedUponCompletionOfAcquisition
1
CY2019Q3 us-gaap Share Price
SharePrice
55.69
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.272
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.254
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.256
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.258
CY2018Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8666000
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6849000
CY2019Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
417000
CY2018Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
313000
us-gaap Significant Change In Unrecognized Tax Benefits Nature Of Event
SignificantChangeInUnrecognizedTaxBenefitsNatureOfEvent
Although the timing of the resolutions and/or closures of audits is highly uncertain, it is reasonably possible that the examination phase of these audits may be concluded within the next 12 months, which could increase or decrease the balance of our gross unrecognized tax benefits.
CY2018Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
541117
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
27899000
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
51.56
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
641211
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
22069000
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
34.42
CY2019Q3 us-gaap Other Commitment
OtherCommitment
3739000
nsit Number Of Months Of Salary Paid As Severance On Change Of Control
NumberOfMonthsOfSalaryPaidAsSeveranceOnChangeOfControl
from three to twenty-four months
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
us-gaap Segment Reporting Disclosure Of Major Customers
SegmentReportingDisclosureOfMajorCustomers
None of our clients exceeded ten percent of consolidated net sales for the three or nine months ended September 30, 2019 or 2018.
us-gaap Restructuring Charges
RestructuringCharges
3712000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
9059000
us-gaap Gross Profit
GrossProfit
800116000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
613767000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1912547000
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1636352000
CY2019Q3 us-gaap Gross Profit
GrossProfit
276195000
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
223215000
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
2662000
CY2019Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5896000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
44422000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1747726000
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1512812000
CY2018Q3 us-gaap Gross Profit
GrossProfit
234914000
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
184095000
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
683000
CY2018Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
188000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
49948000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5434034000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4633918000
us-gaap Operating Income Loss
OperatingIncomeLoss
173578000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5331090000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4591536000
us-gaap Gross Profit
GrossProfit
739554000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
561739000
us-gaap Restructuring Charges
RestructuringCharges
2709000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
282000
us-gaap Operating Income Loss
OperatingIncomeLoss
174824000
CY2019Q3 us-gaap Assets
Assets
3982360000
CY2018Q4 us-gaap Assets
Assets
2775947000
CY2019Q3 us-gaap Depreciation
Depreciation
5524000
CY2018Q3 us-gaap Depreciation
Depreciation
5306000
us-gaap Depreciation
Depreciation
15506000
us-gaap Depreciation
Depreciation
16018000
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5946000
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4185000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13590000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11399000
CY2019Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11470000
CY2018Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9491000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29096000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27417000

Files In Submission

Name View Source Status
0001564590-19-041138-index-headers.html Edgar Link pending
0001564590-19-041138-index.html Edgar Link pending
0001564590-19-041138.txt Edgar Link pending
0001564590-19-041138-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gytult0rosxe000001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
nsit-10q_20190930.htm Edgar Link pending
nsit-10q_20190930_htm.xml Edgar Link completed
nsit-20190930.xsd Edgar Link pending
nsit-20190930_cal.xml Edgar Link unprocessable
nsit-20190930_def.xml Edgar Link unprocessable
nsit-20190930_lab.xml Edgar Link unprocessable
nsit-20190930_pre.xml Edgar Link unprocessable
nsit-ex311_6.htm Edgar Link pending
nsit-ex312_7.htm Edgar Link pending
nsit-ex321_8.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending