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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

The following table summarizes the changes in the allowances for doubtful accounts and sales adjustments:

	Years Ended December 31,
	2018				2017				2016
Balance at beginning of year	$	5,427			$	3,396			$	1,640
Provisions for losses - accounts receivable	2,286				4,110				4,484
Collection of accounts previously written off	—				—				—
Deductions for accounts charged off or credits issued	(3,066		)		(2,079		)		(2,728		)
Balance at end of year	$	4,647			$	5,427			$	3,396

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

We adjusted our 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):

		December 31, 2017												December 31, 2016
		As Reported				Adjustments				As Adjusted				As Reported				Adjustments				As Adjusted
Statement of Income:
Software licenses and royalties		$	75,694			$	10,548			$	86,242			$	74,306			$	9,427			$	83,733
Subscriptions		173,510				(1,334		)		172,176				142,704				(47		)		142,657
Software services		187,149				(6,689		)		180,460				174,804				(3,156		)		171,648
Maintenance		361,569				(2,250		)		359,319				322,969				(1,971		)		320,998
Appraisal services		25,023				—				25,023				26,287				—				26,287
Hardware and other		17,717				(38		)		17,679				14,973				(416		)		14,557
Total revenues		840,662				237				840,899				756,043				3,837				759,880
Selling, general and administrative expenses		176,974				(1,060		)		175,914				167,161				(1,985		)		165,176
Amortization of customer and trade name intangibles		13,912				(531		)		13,381				13,731				(529		)		13,202
Operating income		160,930				1,828				162,758				131,305				6,351				137,656
Income tax (benefit) provision		(2,317		)		(3,798		)		(6,115		)		19,450				2,507				21,957
Net income		$	163,945			$	5,626			$	169,571			$	109,857			$	3,844			$	113,701
Earnings per common share:
Basic		$	4.40							$	4.55			$	3.01							$	3.12
Diluted		$	4.18							$	4.32			$	2.87							$	2.92

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

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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.

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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.

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