|
3 months ended: |
Dec 31, 2020 |
|
Sep 30, 2020 |
|
Jun 30, 2020 |
|
Mar 31, 2020 |
|
Dec 31, 2019 |
|
Sep 30, 2019 |
|
Jun 30, 2019 |
|
Mar 31, 2019 |
|
Dec 31, 2018 |
|
Sep 30, 2018 |
|
Jun 30, 2018 |
|
Mar 31, 2018 |
|
Dec 31, 2017 |
|
Sep 30, 2017 |
|
Jun 30, 2017 |
|
Mar 31, 2017 |
|
Dec 31, 2016 |
|
Sep 30, 2016 |
|
Jun 30, 2016 |
|
Mar 31, 2016 |
|
|
Net income |
363,600 | |
316,800 | |
70,200 | |
316,200 | |
362,700 | |
398,700 | |
316,400 | |
304,000 | |
291,300 | |
291,800 | |
254,600 | |
287,300 | |
(38,800) | |
297,500 | |
221,500 | |
179,800 | |
204,000 | |
211,000 | |
184,500 | |
136,400 | |
|
Depreciation and loss on disposal of property, plant, and equipment |
67,300 | |
56,600 | |
51,400 | |
51,100 | |
52,000 | |
40,200 | |
36,200 | |
31,600 | |
31,800 | |
27,000 | |
26,100 | |
23,700 | |
24,800 | |
21,800 | |
20,600 | |
19,000 | |
19,900 | |
18,000 | |
17,700 | |
18,300 | |
|
Amortization of intangible assets |
12,500 | |
12,600 | |
12,400 | |
12,300 | |
11,800 | |
10,700 | |
10,500 | |
10,000 | |
4,500 | |
4,000 | |
3,100 | |
2,600 | |
2,800 | |
3,100 | |
3,300 | |
3,700 | |
4,200 | |
4,300 | |
4,600 | |
5,100 | |
|
(Gain) loss on investments, accretion, and amortization, net |
9,100 | |
(61,800) | |
(2,600) | |
200 | |
600 | |
(5,000) | |
(400) | |
(1,200) | |
(1,400) | |
(1,500) | |
— | |
4,700 | |
4,400 | |
5,400 | |
5,300 | |
6,100 | |
9,600 | |
8,900 | |
9,100 | |
8,300 | |
|
Deferred income taxes |
(14,300) | |
19,400 | |
(12,000) | |
64,500 | |
300 | |
(61,000) | |
19,800 | |
32,900 | |
(20,400) | |
3,600 | |
11,300 | |
37,400 | |
34,100 | |
(5,000) | |
4,100 | |
29,700 | |
(13,000) | |
(4,100) | |
6,900 | |
28,900 | |
|
Income tax benefits from employee stock plans |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
4,200 | |
7,300 | |
7,500 | |
10,800 | |
|
Excess tax benefit from employee stock plans |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
(4,600) | |
(9,200) | |
(12,000) | |
(18,300) | |
|
Share-based compensation expense |
103,100 | |
105,800 | |
95,900 | |
90,600 | |
89,200 | |
88,900 | |
81,600 | |
76,100 | |
70,400 | |
70,000 | |
63,300 | |
57,500 | |
55,600 | |
55,700 | |
50,400 | |
47,400 | |
45,500 | |
46,800 | |
42,600 | |
42,700 | |
|
Amortization of contract acquisition assets |
4,700 | |
4,200 | |
4,100 | |
4,100 | |
3,900 | |
3,300 | |
3,100 | |
2,800 | |
2,700 | |
2,600 | |
2,600 | |
2,700 | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
|
Accounts receivable |
(51,500) | |
(79,700) | |
18,700 | |
118,200 | |
(11,800) | |
1,700 | |
(85,700) | |
134,600 | |
(96,100) | |
(47,900) | |
(50,300) | |
33,000 | |
(43,900) | |
13,100 | |
(68,200) | |
17,300 | |
1,800 | |
(28,300) | |
(77,800) | |
68,400 | |
|
Inventory |
6,900 | |
(56,900) | |
(54,900) | |
(65,200) | |
(67,100) | |
(115,400) | |
(84,000) | |
(94,000) | |
(73,200) | |
(71,900) | |
(67,700) | |
(66,200) | |
(32,800) | |
(24,400) | |
(19,300) | |
(39,000) | |
(5,900) | |
(21,300) | |
(11,700) | |
(7,800) | |
|
Prepaids and other assets |
7,000 | |
(23,300) | |
36,400 | |
(131,900) | |
(21,800) | |
(5,900) | |
(26,500) | |
(62,700) | |
11,600 | |
13,100 | |
(81,800) | |
(20,600) | |
(14,900) | |
32,700 | |
(48,000) | |
1,700 | |
(9,700) | |
(4,500) | |
35,400 | |
(49,900) | |
|
Accounts payable |
(28,400) | |
(300) | |
(25,500) | |
21,900 | |
(12,400) | |
3,000 | |
(1,300) | |
23,000 | |
3,300 | |
(900) | |
5,900 | |
8,400 | |
2,100 | |
6,200 | |
200 | |
5,500 | |
9,500 | |
(6,600) | |
7,700 | |
5,300 | |
|
Accrued compensation and employee benefits |
59,800 | |
6,600 | |
12,200 | |
(95,200) | |
64,200 | |
26,500 | |
35,400 | |
(68,700) | |
47,700 | |
18,100 | |
24,400 | |
(64,000) | |
42,500 | |
13,600 | |
25,400 | |
(50,300) | |
31,600 | |
9,700 | |
17,100 | |
(39,700) | |
|
Deferred revenue |
24,200 | |
(13,300) | |
3,300 | |
800 | |
29,700 | |
(2,900) | |
9,200 | |
(500) | |
19,600 | |
4,900 | |
18,400 | |
11,400 | |
7,700 | |
(2,900) | |
11,300 | |
36,700 | |
14,000 | |
2,100 | |
3,500 | |
300 | |
|
Other liabilities |
63,500 | |
(12,100) | |
20,300 | |
(34,800) | |
51,400 | |
13,500 | |
1,700 | |
(54,700) | |
46,300 | |
6,900 | |
21,600 | |
(37,700) | |
288,400 | |
(62,900) | |
9,900 | |
(16,100) | |
14,000 | |
25,500 | |
14,600 | |
(300) | |
|
Changes in operating assets and liabilities, net of effects of acquisitions |
81,500 |
|
(179,000) |
|
10,500 |
|
(186,200) |
|
32,200 |
|
(79,500) |
|
(151,200) |
|
(123,000) |
|
(40,800) |
|
(77,700) |
|
(129,500) |
|
(135,700) |
|
249,100 |
|
(24,600) |
|
(88,700) |
|
(44,200) |
|
55,300 |
|
(23,400) |
|
(11,200) |
|
(23,700) |
|
|
Adjustments to reconcile net income to net cash provided by operating activities |
263,900 |
|
(42,200) |
|
159,700 |
|
36,600 |
|
190,000 |
|
(2,400) |
|
(400) |
|
29,200 |
|
46,800 |
|
28,000 |
|
(23,100) |
|
(7,100) |
|
370,800 |
|
56,400 |
|
(5,000) |
|
61,700 |
|
121,100 |
|
48,600 |
|
65,200 |
|
72,100 |
|
|
Net cash provided by operating activities |
627,500 |
|
274,600 |
|
229,900 |
|
352,800 |
|
552,700 |
|
396,300 |
|
316,000 |
|
333,200 |
|
338,100 |
|
319,800 |
|
231,500 |
|
280,200 |
|
332,000 |
|
353,900 |
|
216,500 |
|
241,500 |
|
325,100 |
|
259,600 |
|
249,700 |
|
208,500 |
|
|
Purchase of investments |
(1,269,700) | |
(1,596,400) | |
(736,800) | |
(690,000) | |
(802,800) | |
(727,500) | |
(823,600) | |
(992,300) | |
(887,900) | |
(842,400) | |
(417,900) | |
(433,700) | |
(872,900) | |
(415,100) | |
(538,800) | |
(168,200) | |
(688,900) | |
(828,300) | |
(580,600) | |
(487,700) | |
|
Proceeds from sales of investments |
— | |
— | |
702,500 | |
98,200 | |
25,200 | |
21,000 | |
16,700 | |
44,400 | |
— | |
15,000 | |
32,400 | |
226,600 | |
335,700 | |
50,700 | |
53,800 | |
1,421,100 | |
111,500 | |
45,300 | |
168,600 | |
64,500 | |
|
Proceeds from maturities of investments |
997,300 | |
634,900 | |
681,000 | |
617,600 | |
541,300 | |
609,600 | |
663,800 | |
755,100 | |
484,900 | |
323,800 | |
424,100 | |
300,800 | |
252,400 | |
155,800 | |
186,500 | |
108,400 | |
286,200 | |
256,800 | |
186,200 | |
240,900 | |
|
Purchase of property, plant, and equipment and intellectual property |
(61,900) | |
(64,400) | |
(110,000) | |
(105,200) | |
(142,000) | |
(86,700) | |
(82,100) | |
(114,800) | |
(55,500) | |
(47,000) | |
(44,800) | |
(40,100) | |
(31,000) | |
(51,400) | |
(55,300) | |
(53,000) | |
(17,800) | |
(15,100) | |
(11,400) | |
(9,600) | |
|
Acquisition of businesses, net of cash |
— | |
— | |
— | |
(37,700) | |
(27,900) | |
(33,000) | |
2,500 | |
(1,300) | |
(27,800) | |
(22,000) | |
(38,100) | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
|
Net cash (used in) provided by investing activities |
(334,300) |
|
(1,025,900) |
|
536,700 |
|
(117,100) |
|
(406,200) |
|
(216,600) |
|
(222,700) |
|
(308,900) |
|
(486,300) |
|
(572,600) |
|
(44,300) |
|
53,600 |
|
(315,800) |
|
(260,000) |
|
(353,800) |
|
1,308,300 |
|
(309,000) |
|
(541,300) |
|
(237,200) |
|
(191,900) |
|
|
Proceeds from issuance of common stock relating to employee stock plans |
40,900 | |
113,900 | |
62,700 | |
91,300 | |
67,100 | |
86,100 | |
30,800 | |
88,800 | |
37,000 | |
64,700 | |
48,700 | |
86,200 | |
33,900 | |
85,200 | |
127,300 | |
169,100 | |
30,500 | |
101,900 | |
189,700 | |
258,800 | |
|
Excess tax benefit from employee stock plans |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
4,600 | |
9,200 | |
12,000 | |
18,300 | |
|
Taxes paid related to net share settlement of equity awards |
(9,900) | |
(10,200) | |
(6,200) | |
(148,900) | |
(6,200) | |
(7,900) | |
(6,400) | |
(138,600) | |
(5,000) | |
(7,000) | |
(5,500) | |
(102,500) | |
(3,000) | |
(3,600) | |
(2,600) | |
(47,400) | |
(800) | |
(1,400) | |
(1,200) | |
(20,600) | |
|
Repurchase of common stock |
(34,300) | |
— | |
— | |
(100,000) | |
— | |
(69,500) | |
(200,000) | |
— | |
— | |
— | |
— | |
— | |
(274,000) | |
— | |
— | |
(2,000,000) | |
(34,400) | |
— | |
— | |
(8,100) | |
|
Capital contribution from noncontrolling interest |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
10,000 | |
2,000 | |
— | |
— | |
8,000 | |
— | |
2,000 | |
— | |
— | |
— | |
— | |
— | |
— | |
|
Payment of deferred purchase consideration |
(36,500) | |
(18,500) | |
(8,900) | |
(21,100) | |
(10,100) | |
(7,500) | |
(3,000) | |
(2,000) | |
(300) | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
— | |
|
Net cash provided by (used in) financing activities |
(39,800) |
|
85,200 |
|
47,600 |
|
(178,700) |
|
50,800 |
|
1,200 |
|
(178,600) |
|
(41,800) |
|
33,700 |
|
57,700 |
|
43,200 |
|
(8,300) |
|
(243,100) |
|
83,600 |
|
124,700 |
|
(1,878,300) |
|
(100) |
|
109,700 |
|
200,500 |
|
248,400 |
|
|
Effect of exchange rate changes on cash, cash equivalents, and restricted cash |
(600) | |
(400) | |
(800) | |
(800) | |
700 | |
(1,600) | |
(100) | |
(1,200) | |
600 | |
(100) | |
(1,600) | |
1,000 | |
100 | |
1,000 | |
500 | |
500 | |
(1,000) | |
100 | |
— | |
900 | |
|
Net increase (decrease) in cash, cash equivalents, and restricted cash |
252,800 |
|
(666,500) |
|
813,400 |
|
56,200 |
|
198,000 |
|
179,300 |
|
(85,400) |
|
(18,700) |
|
(113,900) |
|
(195,200) |
|
228,800 |
|
326,500 |
|
(226,800) |
|
178,500 |
|
(12,100) |
|
(328,000) |
|
15,000 |
|
(171,900) |
|
213,000 |
|
265,900 |
|