2024 Q1 Form 10-K Financial Statement

#000162828024006391 Filed on February 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $2.379B $2.236B $9.176B
YoY Change 2.39% -10.65% -12.03%
Cost Of Revenue $1.939B $1.800B $7.506B
YoY Change 0.31% -13.55% -14.65%
Gross Profit $440.9M $436.2M $1.670B
YoY Change 12.68% 3.71% 2.01%
Gross Profit Margin 18.53% 19.51% 18.19%
Selling, General & Admin $337.4M $298.2M $1.236B
YoY Change 8.85% -2.15% 1.61%
% of Gross Profit 76.53% 68.37% 74.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.89M $17.78M $62.48M
YoY Change 49.26% 23.36% 10.35%
% of Gross Profit 4.96% 4.08% 3.74%
Operating Expenses $337.4M $298.2M $1.236B
YoY Change 8.85% -2.15% 1.61%
Operating Profit $99.99M $137.9M $419.8M
YoY Change 29.08% 19.13% 1.47%
Interest Expense $12.56M -$9.358M $41.12M
YoY Change 21.35% -9.44% 4.12%
% of Operating Profit 12.56% -6.78% 9.8%
Other Income/Expense, Net $763.0K -$328.0K -$817.0K
YoY Change -201.46% -35.81% -455.22%
Pretax Income $88.19M $122.2M $377.9M
YoY Change 32.9% 18.42% 0.91%
Income Tax $21.17M $31.57M $96.55M
% Of Pretax Income 24.0% 25.84% 25.55%
Net Earnings $67.03M $90.61M $281.3M
YoY Change 34.13% 16.95% 0.25%
Net Earnings / Revenue 2.82% 4.05% 3.07%
Basic Earnings Per Share $2.06 $8.53
Diluted Earnings Per Share $1.74 $2.42 $7.55
COMMON SHARES
Basic Shares Outstanding 32.59M shares 32.58M shares 32.99M shares
Diluted Shares Outstanding 38.44M shares 37.24M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $379.1M $268.7M $268.7M
YoY Change 115.74% 64.22% 64.22%
Cash & Equivalents $379.1M $268.7M $268.7M
Short-Term Investments
Other Short-Term Assets $218.9M $189.2M $189.2M
YoY Change 0.67% -5.19% -5.19%
Inventory $169.5M $184.6M $184.6M
Prepaid Expenses
Receivables $3.573B $3.568B $3.689B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.441B $4.331B $4.331B
YoY Change 18.57% 11.04% 11.04%
LONG-TERM ASSETS
Property, Plant & Equipment $208.4M $210.1M $210.1M
YoY Change 3.68% 2.84% -25.09%
Goodwill $680.9M $684.3M
YoY Change 37.91% 38.8%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $141.8M $145.5M $145.5M
YoY Change -56.11% -53.0% 103.16%
Total Long-Term Assets $2.126B $1.955B $1.955B
YoY Change 75.01% 61.32% 61.32%
TOTAL ASSETS
Total Short-Term Assets $4.441B $4.331B $4.331B
Total Long-Term Assets $2.126B $1.955B $1.955B
Total Assets $6.567B $6.286B $6.286B
YoY Change 32.39% 22.96% 22.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.650B $2.487B $2.487B
YoY Change 24.87% 19.2% 19.2%
Accrued Expenses $517.7M $538.3M $538.3M
YoY Change 24.59% 24.1% 62.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $331.6M $348.0M $348.0M
YoY Change -4.36% 0.51% 0.51%
Total Short-Term Liabilities $3.499B $3.373B $3.373B
YoY Change 21.32% 17.69% 17.69%
LONG-TERM LIABILITIES
Long-Term Debt $550.0M $592.5M $592.5M
YoY Change 225.69% 103.14% 103.14%
Other Long-Term Liabilities $173.2M $203.3M $557.1M
YoY Change -43.23% -28.3% 96.46%
Total Long-Term Liabilities $173.2M $203.3M $1.150B
YoY Change -43.23% -28.3% 99.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.499B $3.373B $3.373B
Total Long-Term Liabilities $173.2M $203.3M $1.150B
Total Liabilities $4.812B $4.551B $4.551B
YoY Change 42.07% 30.97% 30.97%
SHAREHOLDERS EQUITY
Retained Earnings $1.482B $1.448B
YoY Change 13.14% 5.83%
Common Stock $326.9M $328.9M
YoY Change 2.91% 0.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.755B $1.736B $1.736B
YoY Change
Total Liabilities & Shareholders Equity $6.567B $6.286B $6.286B
YoY Change 32.39% 22.96% 22.96%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $67.03M $90.61M $281.3M
YoY Change 34.13% 16.95% 0.25%
Depreciation, Depletion And Amortization $21.89M $17.78M $62.48M
YoY Change 49.26% 23.36% 10.35%
Cash From Operating Activities $247.2M $205.8M $619.5M
YoY Change 54.33% -32.29% 531.49%
INVESTING ACTIVITIES
Capital Expenditures $6.482M $10.15M $39.25M
YoY Change -28.82% -13.0% -44.67%
Acquisitions $481.5M
YoY Change 605.46%
Other Investing Activities -$398.5M -$465.9M
YoY Change -1423489.29% 596.46%
Cash From Investing Activities -$6.482M -$408.8M -$505.2M
YoY Change -28.82% 3411.73% 266.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $217.1M
YoY Change 101.17%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$125.3M 218.9M -$16.71M
YoY Change -10.94% -183.07% -114.66%
NET CHANGE
Cash From Operating Activities $247.2M 205.8M $619.5M
Cash From Investing Activities -$6.482M -408.8M -$505.2M
Cash From Financing Activities -$125.3M 218.9M -$16.71M
Net Change In Cash $110.4M 15.92M $105.1M
YoY Change 815.67% -44.83% 75.87%
FREE CASH FLOW
Cash From Operating Activities $247.2M $205.8M $619.5M
Capital Expenditures $6.482M $10.15M $39.25M
Free Cash Flow $240.7M $195.7M $580.3M
YoY Change 59.35% -33.06% 2035.97%

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CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6105000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
16875000 usd
CY2023 nsit Other Adjustments
OtherAdjustments
-1583000 usd
CY2022 nsit Other Adjustments
OtherAdjustments
2035000 usd
CY2021 nsit Other Adjustments
OtherAdjustments
-3259000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11892000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
406370000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
289009000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-75729000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-53711000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
148941000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
13840000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
3152000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
4757000 usd
CY2023 us-gaap Increase Decrease In Long Term Receivables Current
IncreaseDecreaseInLongTermReceivablesCurrent
126850000 usd
CY2022 us-gaap Increase Decrease In Long Term Receivables Current
IncreaseDecreaseInLongTermReceivablesCurrent
17015000 usd
CY2021 us-gaap Increase Decrease In Long Term Receivables Current
IncreaseDecreaseInLongTermReceivablesCurrent
-11750000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-34061000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-48025000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
25093000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
216229000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
53607000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
303395000 usd
CY2023 nsit Increase Decrease In Accounts Payable Noncurrent
IncreaseDecreaseInAccountsPayableNoncurrent
111790000 usd
CY2022 nsit Increase Decrease In Accounts Payable Noncurrent
IncreaseDecreaseInAccountsPayableNoncurrent
7931000 usd
CY2021 nsit Increase Decrease In Accounts Payable Noncurrent
IncreaseDecreaseInAccountsPayableNoncurrent
-18454000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-35518000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3518000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
8517000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
619531000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
98106000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
163711000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
15515000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1346000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
31005000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39252000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
70939000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
52079000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
481464000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
68248000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-505201000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-137841000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-21074000 usd
CY2023 nsit Proceeds From Repayments Of Inventory Financing Facilities
ProceedsFromRepaymentsOfInventoryFinancingFacilities
-70408000 usd
CY2022 nsit Proceeds From Repayments Of Inventory Financing Facilities
ProceedsFromRepaymentsOfInventoryFinancingFacilities
-8307000 usd
CY2021 nsit Proceeds From Repayments Of Inventory Financing Facilities
ProceedsFromRepaymentsOfInventoryFinancingFacilities
-14355000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
217108000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
107922000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50000000 usd
CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
15615000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-13141000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-14466000 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-10030000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16712000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
114007000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-161385000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7449000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-14531000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5857000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
105067000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
165718000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105977000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
130582000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
270785000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
165718000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105977000 usd
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-top:10pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“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 and contract assets, 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.</span></div>
CY2023 us-gaap Advertising Expense
AdvertisingExpense
81959000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
88667000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
66375000 usd
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
288000 shares
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2023 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
122638000 usd
CY2022 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
128153000 usd
CY2021 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
103447000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
281309000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
280608000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
219345000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32991000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34903000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35011000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
251000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
399000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
2619000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1466000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1453000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1343000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37241000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36620000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36863000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.53
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.04
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.27
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.55
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.66
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.95
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.04
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.66
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
120518000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
7909000 usd
CY2023Q4 us-gaap Accounts Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent
AccountsReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent
412666000 usd
CY2022Q4 us-gaap Accounts Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent
AccountsReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent
160818000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
132780000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
0 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
4757000 usd
CY2022 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
4757000 usd
CY2022 nsit Contract With Customer Asset Recognized Net Of Reclassification To Receivables
ContractWithCustomerAssetRecognizedNetOfReclassificationToReceivables
7909000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
7909000 usd
CY2023 us-gaap Contract With Customer Asset Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerAssetIncreaseDecreaseForContractAcquiredInBusinessCombination
246666000 usd
CY2023 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
33638000 usd
CY2023 nsit Contract With Customer Asset Recognized Net Of Reclassification To Receivables
ContractWithCustomerAssetRecognizedNetOfReclassificationToReceivables
51350000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
272287000 usd
CY2023Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
253298000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
272287000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
116067000 usd
CY2022 us-gaap Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
77334000 usd
CY2022 nsit Contract With Customer Liability Cash Received In Advance And Not Recognized As Revenue
ContractWithCustomerLiabilityCashReceivedInAdvanceAndNotRecognizedAsRevenue
63324000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
102057000 usd
CY2023 us-gaap Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
67351000 usd
CY2023 nsit Contract With Customer Liability Cash Received In Advance And Not Recognized As Revenue
ContractWithCustomerLiabilityCashReceivedInAdvanceAndNotRecognizedAsRevenue
72511000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
107217000 usd
CY2023 nsit Time And Material Contracts Average Expected Duration
TimeAndMaterialContractsAverageExpectedDuration
P24M
CY2023Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
11892384 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
13478732 usd
CY2023Q4 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P57M
CY2023 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
15476000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
429652000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
419241000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
219591000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
214981000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
210061000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
204260000 usd
CY2023 us-gaap Depreciation
Depreciation
26245000 usd
CY2022 us-gaap Depreciation
Depreciation
23722000 usd
CY2021 us-gaap Depreciation
Depreciation
23376000 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
917180000 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
488834000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
69923000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-5236000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
493033000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
188720000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
2592000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
684345000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
545150000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
347295000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
175463000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
142297000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
369687000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
204998000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36231000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32892000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32045000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
59644000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
59343000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
57804000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
37690000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
36264000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
118942000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
369687000 usd
CY2023Q4 us-gaap Contractual Obligation
ContractualObligation
1033000 usd
CY2022Q4 us-gaap Contractual Obligation
ContractualObligation
102000 usd
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
940521000 usd
CY2022Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
637900000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
348004000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
346228000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
592517000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
291672000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
84956000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
76160000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
59000 usd
CY2023Q4 nsit Lease Right Of Use Asset
LeaseRightOfUseAsset
84956000 usd
CY2022Q4 nsit Lease Right Of Use Asset
LeaseRightOfUseAsset
76219000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20582000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19213000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
0 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
28000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
71033000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
63324000 usd
CY2023Q4 nsit Lease Liability
LeaseLiability
91615000 usd
CY2022Q4 nsit Lease Liability
LeaseLiability
82565000 usd
CY2023 us-gaap Lease Cost
LeaseCost
24070000 usd
CY2022 us-gaap Lease Cost
LeaseCost
24017000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
23811000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
20084000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
17113000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
13818000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
10161000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
17386000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
102373000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10758000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
91615000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y5M15D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M1D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y9M
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0421
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CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
62476000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56614000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
55421000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9175840000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10431191000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
281309000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
280608000 usd
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.55
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.66
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023 dei Auditor Name
AuditorName
KPMG LLP
CY2023 dei Auditor Location
AuditorLocation
Phoenix, AZ
CY2023 dei Auditor Firm
AuditorFirmId
185

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