v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Product licenses $ 31,736 $ 39,262 $ 101,079 $ 100,072
Product support and other services 111,494 102,442 329,074 301,812
Total revenues 143,230 141,704 430,153 401,884
Cost of revenues:        
Product licenses 1,059 2,284 4,187 6,514
Product support and other services 36,426 34,380 108,923 97,854
Total cost of revenues 37,485 36,664 113,110 104,368
Gross profit 105,745 105,040 317,043 297,516
Operating expenses:        
Sales and marketing 52,069 61,451 160,615 173,904
Research and development 23,465 20,434 67,857 50,306
General and administrative 23,498 21,618 71,911 67,218
Total operating expenses 99,032 103,503 300,383 291,428
Income from operations before financing and other income and income taxes 6,713 1,537 16,660 6,088
Financing and other (expense) income:        
Interest income, net 41 18 91 139
Gain on sale of investment 0 3,371 0 3,371
Other (expense) income, net (113) 969 738 22
Total financing and other (expense) income (72) 4,358 829 3,532
Income from operations before income taxes 6,641 5,895 17,489 9,620
Provision for income taxes 1,878 974 5,183 680
Net income $ 4,763 $ 4,921 $ 12,306 $ 8,940
Basic earnings per share $ 0.43 [1] $ 0.46 [1] $ 1.13 [1] $ 0.84 [1]
Weighted average shares outstanding used in computing basic earnings per share 11,050 10,729 10,911 10,703
Diluted earnings per share $ 0.43 [1] $ 0.44 [1] $ 1.10 [1] $ 0.81 [1]
Weighted average shares outstanding used in computing diluted earnings per share 11,197 11,072 11,137 11,061
[1] Basic and fully diluted earnings per share for class A and class B common stock are the same.