v2.3.0.11
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUE:        
Product $ 46,687 $ 31,037 $ 86,852 $ 58,147
Services 52,671 40,964 101,357 79,589
Ratable product and services 3,665 4,330 8,080 8,390
Total revenue 103,023 76,331 196,289 146,126
COST OF REVENUE:        
Product 16,591 11,822 30,666 23,136
Services 8,596 6,818 16,377 13,286
Ratable product and services 1,371 1,525 2,931 3,118
Total cost of revenue 26,558 20,165 49,974 39,540
GROSS PROFIT:        
Product 30,096 19,215 56,186 35,011
Services 44,075 34,146 84,980 66,303
Ratable product and services 2,294 2,805 5,149 5,272
Total gross profit 76,465 56,166 146,315 106,586
OPERATING EXPENSES:        
Research and development 15,942 12,676 30,363 24,610
Sales and marketing 35,896 27,777 68,614 54,500
General and administrative 5,848 5,933 11,114 10,992
Total operating expenses 57,686 46,386 110,091 90,102
OPERATING INCOME 18,779 9,780 36,224 16,484
INTEREST INCOME 863 399 1,656 667
OTHER INCOME (EXPENSE)—Net (207) 87 (302) (163)
INCOME BEFORE INCOME TAXES 19,435 10,266 37,578 16,988
PROVISION FOR INCOME TAXES 4,941 3,397 9,497 5,901
Net Income $ 14,494 $ 6,869 $ 28,081 $ 11,087
Net income per share:        
Basic $ 0.10 $ 0.05 $ 0.19 $ 0.08
Diluted $ 0.09 $ 0.05 $ 0.17 $ 0.07
Weighted-average shares outstanding:        
Basic 152,267 136,990 151,293 135,684
Diluted 163,887 151,274 163,393 150,866