v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Product licenses $ 33,753 $ 31,736 $ 92,726 $ 101,079
Product support and other services 108,166 104,344 317,281 308,659
Total revenues 141,919 136,080 410,007 409,738
Cost of revenues:        
Product licenses 1,336 1,059 4,550 4,187
Product support and other services 31,917 33,788 101,050 100,450
Total cost of revenues 33,253 34,847 105,600 104,637
Gross profit 108,666 101,233 304,407 305,101
Operating expenses:        
Sales and marketing 50,798 49,551 154,198 153,385
Research and development 21,977 21,920 72,021 63,111
General and administrative 24,265 22,460 77,271 69,192
Total operating expenses 97,040 93,931 303,490 285,688
Income from continuing operations 11,626 7,302 917 19,413
Interest income, net 80 41 463 93
Other (expense) income, net (3,213) (112) (1,924) 764
(Loss) income from continuing operations before income taxes 8,493 7,231 (544) 20,270
(Benefit from) provision for income taxes (8,653) 2,097 (10,946) 6,147
Income from continuing operations, net of tax 17,146 5,134 10,402 14,123
Discontinued operations:        
Gain from sale of discontinued operations, net of tax provision 0 0 57,377 0
Loss from discontinued operations, net of tax benefit 0 (371) (595) (1,817)
Discontinued operations, net of tax 0 (371) 56,782 (1,817)
Net (loss) income $ 17,146 $ 4,763 $ 67,184 $ 12,306
Basic earnings (loss) per share        
From continuing operations $ 1.52 [1] $ 0.46 [1] $ 0.92 [1] $ 1.30 [1]
From discontinued operations $ 0.00 [1] $ (0.03) [1] $ 5.03 [1] $ (0.17) [1]
Basic earnings per share $ 1.52 [1] $ 0.43 [1] $ 5.95 [1] $ 1.13 [1]
Weighted average shares outstanding used in computing basic earnings (loss) per share 11,301 11,050 11,299 10,911
Diluted earnings (loss) per share        
From continuing operations $ 1.52 [1] $ 0.46 [1] $ 0.92 [1] $ 1.26 [1]
From discontinued operations $ 0.00 [1] $ (0.03) [1] $ 5.03 [1] $ (0.16) [1]
Diluted earnings (loss) per share $ 1.52 [1] $ 0.43 [1] $ 5.95 [1] $ 1.10 [1]
Weighted average shares outstanding used in computing diluted earnings (loss) per share 11,301 11,197 11,300 11,137
[1] Basic and fully diluted earnings (loss) per share for class A and class B common stock are the same.