XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Accounting Standards and Significant Accounting Policies (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Accounting Policies [Abstract] |
Schedule of summary the changes in the allowances for doubtful accounts and sales adjustments | The following table summarizes the changes in the allowance for doubtful accounts:
| June 30, 2018
Balance, beginning of period December 31, 2017 | $ | 5,427 |
Provisions for losses - accounts receivable | 1,147 |
Collection of accounts previously written off | (212 | )
Deductions for accounts charged off or credits issued | (1,257 | )
Balance, end of period | $ | 5,105 |
Schedule of adjusted our condensed consolidated financial statements from amounts previously reported due to the adoption of ASU No. 2014-09 | We adjusted our condensed consolidated financial statements from amounts previously reported due to the adoption of the new standard. Select unaudited condensed consolidated statement of income line items, which reflect the adoption of the new standard, are as follows (in thousands, except per share data):
|  | Three Months Ended June 30, 2017 |  | Six Months Ended June 30, 2017
|  | As Reported |  | Adjustments |  | As Adjusted |  | As Reported |  | Adjustments |  | As Adjusted
Statement of Income: |  |  |  |  |  |  |  |  |  |  |  |
Software licenses and royalties |  | $ | 17,107 |  |  | $ | 2,199 |  |  | $ | 19,306 |  |  | $ | 35,330 |  |  | $ | 5,734 |  |  | $ | 41,064 |
Subscriptions |  | 40,947 |  |  | (430 | ) |  | 40,517 |  |  | 81,049 |  |  | (670 | ) |  | 80,379 |
Software services |  | 47,372 |  |  | (1,512 | ) |  | 45,860 |  |  | 92,390 |  |  | (4,034 | ) |  | 88,356 |
Maintenance |  | 89,412 |  |  | (601 | ) |  | 88,811 |  |  | 176,271 |  |  | (1,153 | ) |  | 175,118 |
Appraisal services |  | 6,366 |  |  | — |  |  | 6,366 |  |  | 12,978 |  |  | — |  |  | 12,978 |
Hardware and other |  | 7,919 |  |  | (16 | ) |  | 7,903 |  |  | 10,647 |  |  | (50 | ) |  | 10,597 |
Total revenues |  | 209,123 |  |  | (360 | ) |  | 208,763 |  |  | 408,665 |  |  | (173 | ) |  | 408,492 |
Selling, general and administrative expenses |  | 43,451 |  |  | (451 | ) |  | 43,000 |  |  | 86,593 |  |  | (813 | ) |  | 85,780 |
Amortization of customer and trade name intangibles |  | 3,463 |  |  | (132 | ) |  | 3,331 |  |  | 6,921 |  |  | (265 | ) |  | 6,656 |
Operating income |  | 37,075 |  |  | 223 |  |  | 37,298 |  |  | 73,224 |  |  | 905 |  |  | 74,129 |
Income tax provision |  | 5,396 |  |  | 31 |  |  | 5,427 |  |  | 9,049 |  |  | 250 |  |  | 9,299 |
Net income |  | $ | 31,578 |  |  | $ | 192 |  |  | $ | 31,770 |  |  | $ | 63,884 |  |  | $ | 655 |  |  | $ | 64,539 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.85 |  |  |  |  | $ | 0.86 |  |  | $ | 1.72 |  |  |  |  | $ | 1.74 |
Diluted |  | $ | 0.81 |  |  |  |  | $ | 0.81 |  |  | $ | 1.63 |  |  |  |  | $ | 1.65 |
Select condensed consolidated balance sheet line items, which reflect the adoption of the new standard, are as follows (in thousands):
| December 31, 2017
| As Reported |  | Adjustments |  | As Adjusted
Balance Sheet: |  |  |  |  |
Accounts receivable | $ | 227,127 |  |  | $ | 19,061 |  |  | $ | 246,188 |
Prepaid expenses | 27,252 |  |  | 4,954 |  |  | 32,206 |
Accounts receivable, long-term | 7,536 |  |  | 4,571 |  |  | 12,107 |
Other intangibles, net | 236,444 |  |  | (6,827 | ) |  | 229,617 |
Total assets | 1,589,592 |  |  | 21,759 |  |  | 1,611,351 |
Deferred revenue | 309,461 |  |  | (10,848 | ) |  | 298,613 |
Deferred income taxes | 38,914 |  |  | 7,965 |  |  | 46,879 |
Retained earnings | 599,821 |  |  | 24,642 |  |  | 624,463 |
Total liabilities and shareholders' equity | $ | 1,589,592 |  |  | $ | 21,759 |  |  | $ | 1,611,351 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration