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Segment Information (Tables)
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9 Months Ended |
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Jun. 28, 2014
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| Segment Reporting [Abstract] |
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| Revenue and Operating Income |
The revenue and operating income attributable to our operating segments are summarized as follows: | | | | | | | | | | | | | | | | | | Three months ended | | Nine months ended | | June 28,
2014 | | June 29,
2013 | | June 28,
2014 | | June 29,
2013 | | (in thousands) | Revenue: | | | | | | | | Total Software Products segment revenue | $ | 258,805 |
| | $ | 236,306 |
| | $ | 748,482 |
| | $ | 712,174 |
| Total Services segment revenue | 77,829 |
| | 78,690 |
| | 241,777 |
| | 236,522 |
| Total revenue | $ | 336,634 |
| | $ | 314,996 |
| | $ | 990,259 |
| | $ | 948,696 |
| Operating income: (1) | | | | | | | | Software Products segment | $ | 166,639 |
| | $ | 148,904 |
| | $ | 479,736 |
| | $ | 434,031 |
| Services segment | 13,516 |
| | 13,227 |
| | 42,566 |
| | 27,321 |
| Sales and marketing expenses | (91,440 | ) | | (89,443 | ) | | (262,085 | ) | | (282,734 | ) | General and administrative expenses | (34,331 | ) | | (29,473 | ) | | (99,749 | ) | | (100,300 | ) | Total operating income | 54,384 |
| | 43,215 |
| | 160,468 |
| | 78,318 |
| Other income (expense), net | (2,278 | ) | | 3,181 |
| | (6,724 | ) | | (491 | ) | Income before income taxes | $ | 52,106 |
| | $ | 46,396 |
| | $ | 153,744 |
| | $ | 77,827 |
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| | (1) | We recorded restructuring charges of $0.5 million in the third quarter of 2014, all of which was included in general and administrative expenses. We recorded restructuring charges of $1.6 million in the first nine months of 2014. Software Products included $0.1 million; Services included $0.2 million; sales and marketing expenses included $0.5 million; and general and administrative expenses included $0.8 million of these restructuring charges. We recorded restructuring charges of $3.1 million and $34.3 million in the third quarter and first nine months of 2013, respectively. Software Products included $1.0 million and $12.6 million, respectively; Services included $0.3 million and $6.6 million, respectively; sales and marketing expenses included $1.1 million and $12.8 million, respectively; and general and administrative expenses included $0.7 million and $2.3 million, respectively, of these restructuring charges. |
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| Revenue by Product Segment |
| | | | | | | | | | | | | | | | | | Three months ended | | Nine months ended | | June 28,
2014 | | June 29,
2013 | | June 28,
2014 | | June 29,
2013 | | (in thousands) | Revenue: | | | | | | | | CAD | $ | 149,024 |
| | $ | 135,206 |
| | $ | 423,355 |
| | $ | 403,503 |
| Extended PLM | 145,856 |
| | 139,848 |
| | 435,731 |
| | 422,080 |
| SLM | 41,754 |
| | 39,942 |
| | 131,173 |
| | 123,113 |
| Total revenue | $ | 336,634 |
| | $ | 314,996 |
| | $ | 990,259 |
| | $ | 948,696 |
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| Revenue by Geographic Segment |
| | | | | | | | | | | | | | | | | | Three months ended | | Nine months ended | | June 28,
2014 | | June 29,
2013 | | June 28,
2014 | | June 29,
2013 | | (in thousands) | Revenue: | | | | | | | | Americas (1) | $ | 130,379 |
| | $ | 129,501 |
| | $ | 403,633 |
| | $ | 380,310 |
| Europe (2) | 130,659 |
| | 115,425 |
| | 385,720 |
| | 353,920 |
| Pacific Rim | 36,422 |
| | 36,268 |
| | 106,976 |
| | 114,179 |
| Japan | 39,174 |
| | 33,802 |
| | 93,930 |
| | 100,287 |
| Total revenue | $ | 336,634 |
| | $ | 314,996 |
| | $ | 990,259 |
| | $ | 948,696 |
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_________________ | | (1) | Includes revenue in the United States totaling $121.0 million and $121.9 million for the quarters ended June 28, 2014 and June 29, 2013, respectively, and $375.9 million and $350.5 million for the nine months ended June 28, 2014 and June 29, 2013, respectively. |
| | (2) | Includes revenue in Germany totaling $48.9 million and $41.8 million for the quarters ended June 28, 2014 and June 29, 2013, respectively, and $139.5 million and $123.5 million for the nine months ended June 28, 2014 and June 29, 2013, respectively. |
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