XML 22 R13.htm IDEA: XBRL DOCUMENT
v3.23.1

Earnings per Share (EPS) and Common Stock | 3 Months Ended
--- | ---
Mar. 31, 2023
Earnings Per Share And Common Stock [Abstract] |
Earnings per Share (EPS) and Common Stock | 5. Earnings per Share (EPS) and Common Stock EPS The following table presents the calculation for both basic and diluted EPS:
(in thousands, except per share data) |  | Three months ended |  |  | Six months ended |
|  | March 31, 2023 |  |  | March 31, 2022 |  |  | March 31, 2023 |  |  | March 31, 2022 |
Net income |  | $ | 63,504 |  |  | $ | 89,679 |  |  | $ | 138,539 |  |  | $ | 135,768 |
Weighted-average shares outstanding—Basic |  |  | 118,260 |  |  |  | 117,008 |  |  |  | 118,037 |  |  |  | 117,135 |
Dilutive effect of restricted stock units |  |  | 781 |  |  |  | 803 |  |  |  | 875 |  |  |  | 1,027 |
Weighted-average shares outstanding—Diluted |  |  | 119,041 |  |  |  | 117,811 |  |  |  | 118,912 |  |  |  | 118,162 |
Earnings per share—Basic |  | $ | 0.54 |  |  | $ | 0.77 |  |  | $ | 1.17 |  |  | $ | 1.16 |
Earnings per share—Diluted |  | $ | 0.53 |  |  | $ | 0.76 |  |  | $ | 1.17 |  |  | $ | 1.15 |
Anti-dilutive shares were immaterial for the three and six months ended March 31, 2023 and 2022. Common Stock Repurchases Our Articles of Organization authorize us to issue up to 500 million shares of our common stock. Our Board of Directors has authorized us to repurchase up to $1 billion of our common stock in the period October 1, 2020 through September 30, 2023. In the second quarter and first six months of 2023, we did no t repurchase any shares. In the second quarter and first six months of 2022, we repurchased 43 thousand shares for $5.3 million and 1,046 thousand shares for $125.0 million, respectively. All shares repurchased are automatically restored to the status of authorized and unissued.

X
- Definition Earnings per share (EPS) and common stock. + References No definition available. + Details
Name: | ptc_EarningsPerShareAndCommonStockAbstract
Namespace Prefix: | ptc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Earnings Per Share (EPS) and Common Stock [Text Block] + References No definition available. + Details
Name: | ptc_EarningsPerShareAndCommonStockTextBlock
Namespace Prefix: | ptc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration