<SEC-DOCUMENT>0001628280-21-009759.txt : 20210511
<SEC-HEADER>0001628280-21-009759.hdr.sgml : 20210511
<ACCEPTANCE-DATETIME>20210511073744
ACCESSION NUMBER:		0001628280-21-009759
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20210511
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20210511
DATE AS OF CHANGE:		20210511

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BENTLEY SYSTEMS INC
		CENTRAL INDEX KEY:			0001031308
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				953936623
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39548
		FILM NUMBER:		21909639

	BUSINESS ADDRESS:	
		STREET 1:		690 PENNSYLVANIA DR
		CITY:			EXTON
		STATE:			PA
		ZIP:			19341
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>bsy-20210511.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version="1.0" ?><!--XBRL Document Created with Wdesk from Workiva--><!--Copyright 2021 Workiva--><!--r:9ec9d0c7-b163-4dcc-9971-885746e657c4,g:9df58559-d78f-49ab-a018-f065046dedcd,d:c859c11d6c3a4c86bf3d9cd654201a32--><html xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns="http://www.w3.org/1999/xhtml" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:xbrli="http://www.xbrl.org/2003/instance" xml:lang="en-US"><head><meta http-equiv="Content-Type" content="text/html"/>


<title>bsy-20210511</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl80L2ZyYWc6YTM0NzhlNTM0ZWI2NGYyY2FjZTUxOTNlNjNhMzU5ZjYvdGFibGU6MzdkNDc2ZDljNGI3NDFmNDljOGRhYzkxZTk0ODliODcvdGFibGVyYW5nZTozN2Q0NzZkOWM0Yjc0MWY0OWM4ZGFjOTFlOTQ4OWI4N18wLTEtMS0xLTA_df93ddd2-cd59-42ba-b98a-c0d1e3e7f9cf">0001031308</ix:nonNumeric><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt:booleanfalse" name="dei:AmendmentFlag" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl80L2ZyYWc6YTM0NzhlNTM0ZWI2NGYyY2FjZTUxOTNlNjNhMzU5ZjYvdGFibGU6MzdkNDc2ZDljNGI3NDFmNDljOGRhYzkxZTk0ODliODcvdGFibGVyYW5nZTozN2Q0NzZkOWM0Yjc0MWY0OWM4ZGFjOTFlOTQ4OWI4N18xLTEtMS0xLTA_593864f1-d6b5-48bd-8d7d-d7ce9f05b9ff">FALSE</ix:nonNumeric></ix:hidden><ix:references xml:lang="en-US"><link:schemaRef xlink:type="simple" xlink:href="bsy-20210511.xsd"></link:schemaRef></ix:references><ix:resources><xbrli:context id="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001031308</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2021-05-11</xbrli:startDate><xbrli:endDate>2021-05-11</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="ic859c11d6c3a4c86bf3d9cd654201a32_1"></div><div style="min-height:54pt;width:100%"><div style="margin-bottom:12pt;text-align:justify"><span><br/></span></div></div><div style="text-align:center"><span><br/></span></div><div style="margin-bottom:3pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:3pt double #000;padding:0 1pt"></td></tr></table></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Washington, D.C. 20549</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">___________________________________</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">FORM <ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzI1_09a2bd9e-a164-4fef-a2c0-ea9f500b996c">8-K</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">___________________________________</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">CURRENT REPORT</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Date of Report (Date of earliest event reported):</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8zMDQ_373cd028-d5c9-4b42-b335-c1cce5d024fd">May&#160;11, 2021</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">___________________________________</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:16pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzI4_2383f132-59b1-46cd-9b3d-49c3bb5b32bc">BENTLEY SYSTEMS, INCORPORATED</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(Exact name of registrant as specified in its charter)</span></div><div style="margin-bottom:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">___________________________________</span></div><div style="margin-top:11pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:35.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:27.635%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.384%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV8wLTAtMS0xLTA_dd8a1297-09b1-48dc-9f83-bceb0904a9fa">Delaware</ix:nonNumeric></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:EntityFileNumber" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV8wLTEtMS0xLTA_a9ac3137-3721-445b-b58b-6b988f8ccbe5">001-39548</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV8wLTItMS0xLTA_d99a688e-0e0a-497d-96b5-fb262732444b">95-3936623</ix:nonNumeric></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(State or other jurisdiction of incorporation)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Commission File Number)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(IRS Employer Identification No.)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV8zLTAtMS0xLTAvdGV4dHJlZ2lvbjoyOTQ5ZjIwMjgxZjg0YjcxODI1YTk4MjlmODMyM2VmYl80_fb189cc6-5744-42b2-8d25-56976f35e62c">685 Stockton Drive</ix:nonNumeric></span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV80LTAtMS0xLTAvdGV4dHJlZ2lvbjplOTIwMzAyZjg0N2Q0NjUzYTRmMTA2NjgyNzE5MmU0ZF81_005b90a3-8b58-4bb1-a19e-3a93ba81f847">Exton</ix:nonNumeric>, <ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV80LTAtMS0xLTAvdGV4dHJlZ2lvbjplOTIwMzAyZjg0N2Q0NjUzYTRmMTA2NjgyNzE5MmU0ZF85_a285141f-0d00-47ee-843c-f2038f44c703">Pennsylvania</ix:nonNumeric></span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV80LTItMS0xLTA_59d4b815-4953-4772-bc4b-79f595e027ab">19341</ix:nonNumeric></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Address of principal executive offices)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Zip Code)</span></div></td></tr></table></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Registrant&#8217;s telephone number, including area code:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">(<ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzM3_a7b79e6f-5252-4254-b96b-cb5da8273f84">610</ix:nonNumeric>) <ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:LocalPhoneNumber" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzMz_c3596537-baf4-4304-954f-a65d37a35a21">458-5000</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">___________________________________</span></div><div><span><br/></span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Check the appropriate box below if the Form&#160;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt-sec:boolballotbox" name="dei:WrittenCommunications" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzI5_67e36b9e-b17f-4596-8c4a-bd6b84c0347c">&#9744;</ix:nonNumeric> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt-sec:boolballotbox" name="dei:SolicitingMaterial" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzMw_92de14d1-a080-4e6d-ab4a-e9b10063dfb7">&#9744;</ix:nonNumeric> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt-sec:boolballotbox" name="dei:PreCommencementTenderOffer" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzM1_0d002c6f-8fb6-4323-abbd-5caac30f1d86">&#9744;</ix:nonNumeric> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt-sec:boolballotbox" name="dei:PreCommencementIssuerTenderOffer" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzM2_e25c2e67-9e15-4a97-8bdc-bd8ef38fa166">&#9744;</ix:nonNumeric> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities registered pursuant to Section 12(b) of the Act:</span></div><div><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:41.459%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.780%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:38.189%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Title of each class</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Trading Symbol</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Name of each exchange on which registered</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:Security12bTitle" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6Y2I4MmFhM2IzNDA4NDkwN2JjNDBjZjk0MmM4NDJhZmEvdGFibGVyYW5nZTpjYjgyYWEzYjM0MDg0OTA3YmM0MGNmOTQyYzg0MmFmYV8xLTAtMS0xLTA_748ff386-7df0-4378-af28-4a022f5b83e1">Class B common stock, par value $0.01 per share</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" name="dei:TradingSymbol" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6Y2I4MmFhM2IzNDA4NDkwN2JjNDBjZjk0MmM4NDJhZmEvdGFibGVyYW5nZTpjYjgyYWEzYjM0MDg0OTA3YmM0MGNmOTQyYzg0MmFmYV8xLTItMS0xLTA_742acf6b-2420-4e68-861b-349369191d40">BSY</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6Y2I4MmFhM2IzNDA4NDkwN2JjNDBjZjk0MmM4NDJhZmEvdGFibGVyYW5nZTpjYjgyYWEzYjM0MDg0OTA3YmM0MGNmOTQyYzg0MmFmYV8xLTQtMS0xLTA_c9942c70-43f2-4950-82a1-1971730c23b0">The Nasdaq Stock Market LLC</ix:nonNumeric></span></div></td></tr></table></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule&#160;405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule&#160;12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></div><div><span><br/></span></div><div style="text-align:right"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Emerging growth company </span><span style="color:#000000;font-family:'Wingdings 2',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNDYz_539a05d9-59e4-43d6-afa8-37f3c0ec6615">&#9746;</ix:nonNumeric></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&#160;13(a) of the Exchange Act. <ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt-sec:boolballotbox" name="dei:EntityExTransitionPeriod" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzMx_f7aaeb01-f049-41e4-96da-c9178b5b4a8e">&#9744;</ix:nonNumeric></span></div><div><span><br/></span></div><div><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:12pt;text-align:justify"><span><br/></span></div></div></div><div id="ic859c11d6c3a4c86bf3d9cd654201a32_7"></div><hr style="page-break-after:always"/><div style="min-height:72pt;width:100%"><div style="margin-bottom:12pt;text-align:justify"><span><br/></span></div></div><div style="-sec-extract:summary;margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 2.02 Results of Operations and Financial Condition.</span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On <ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl83L2ZyYWc6YmQwYzAyODc2MjI1NDA5YmFmMzJlOTVjY2ZlMjFjMzcvdGV4dHJlZ2lvbjpiZDBjMDI4NzYyMjU0MDliYWYzMmU5NWNjZmUyMWMzN182NQ_373cd028-d5c9-4b42-b335-c1cce5d024fd">May&#160;11, 2021</ix:nonNumeric>, Bentley Systems, Incorporated (the &#8220;Company&#8221;) issued a press release announcing its financial results for the quarter ended March&#160;31, 2021. A copy of the release is furnished as Exhibit&#160;99.1 and incorporated by reference herein.</span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The information in this Item&#160;2.02 of this Current Report on Form&#160;8-K, including Exhibit&#160;99.1, is being furnished and shall not be deemed &#8220;filed&#8221; for the purposes of Section&#160;18 of the Securities Exchange Act of 1934, as amended (the&#160;&#8220;Exchange Act&#8221;) or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.</span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 9.01 Financial Statements and Exhibits.</span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(d) Exhibits.</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:11.079%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.562%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:84.959%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Exhibit No.</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Description</span></div></td></tr><tr style="height:8pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.1</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit991-2021q1.htm">Press release dated Ma</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit991-2021q1.htm">y</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit991-2021q1.htm">&#160;</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit991-2021q1.htm">11</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit991-2021q1.htm">, 2021</a></span></div></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cover Page Interactive Data File (embedded within the Inline XBRL document)</span></td></tr></table></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:12pt;text-align:justify"><span><br/></span></div></div></div><div id="ic859c11d6c3a4c86bf3d9cd654201a32_10"></div><hr style="page-break-after:always"/><div style="min-height:72pt;width:100%"><div style="margin-bottom:12pt;text-align:justify"><span><br/></span></div></div><div style="margin-bottom:12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SIGNATURE</span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized.</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:right"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:25.983%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.073%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.752%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:30.792%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bentley Systems, Incorporated</span></div></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Date: <ix:nonNumeric contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate" id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xMC9mcmFnOjVhZDFhYzA3Mjk0NjQ2MzQ4YzQ5MzYwMjk4MTk5YmUyL3RhYmxlOmQyZDczNzFjMWY3MzQzNzRhZWY5ODRjNGI0ZjE1M2I4L3RhYmxlcmFuZ2U6ZDJkNzM3MWMxZjczNDM3NGFlZjk4NGM0YjRmMTUzYjhfMi0wLTEtMS0wL3RleHRyZWdpb246ODkwY2NlMjQzMGIzNDFkZDg0Y2E1Yjk2ZWRhNjRiMzhfMTE_373cd028-d5c9-4b42-b335-c1cce5d024fd">May&#160;11, 2021</ix:nonNumeric></span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:2pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">/s/ D</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:115%">AVID</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%"> J. H</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:115%">OLLISTER</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Name:</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:2pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">David J. Hollister</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Title:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Chief Financial Officer</span></div></td></tr></table></div><div style="margin-bottom:12pt;text-align:right"><span><br/></span></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><span><br/></span></div></div></div></body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit991-2021q1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2021 Workiva -->
<title>Document</title></head><body><div id="ibff599d1f3924fea80f28044fe975bfd_1"></div><div style="min-height:45pt;width:100%"><div><font><br></font></div></div><div style="padding-left:45pt;text-align:right"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit 99.1</font></div><div style="text-align:right"><font><br></font></div><div><img alt="bsylogo1.jpg" src="bsylogo1.jpg" style="height:54px;margin-bottom:5pt;vertical-align:text-bottom;width:180px"></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:6pt;text-align:right"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Press Release</font></div><div style="margin-bottom:6pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Investor Contact&#58; Ankit Hira or Ed Yuen</font></div><div style="margin-bottom:6pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Solebury Trout for Bentley Systems</font></div><div style="margin-bottom:6pt;text-align:right"><font style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">ir&#64;bentley.com</font></div><div style="margin-bottom:6pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1-610-458-2777</font></div><div style="margin-bottom:6pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Media Contact&#58;</font></div><div style="margin-bottom:6pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Carey Mann</font></div><div style="margin-bottom:6pt;text-align:right"><font style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">carey.mann&#64;bentley.com</font></div><div style="margin-bottom:6pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1-610-458-3170</font></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Bentley Systems Announces First Quarter 2021 Operating Results</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">EXTON, Pa. &#8211; May&#160;11, 2021&#58; Bentley Systems, Incorporated (Nasdaq&#58;&#160;BSY) (&#8220;Bentley&#160;Systems&#8221; or the &#8220;Company&#8221;), the </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">infrastructure engineering software</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> company, today announced operating results for its quarter ended March&#160;31, 2021.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">First Quarter 2021 Financial Results&#58;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Total revenues</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> were $222.0&#160;million, up 14.0% year-over-year&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Subscriptions revenues</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> were $188.1&#160;million, up 10.5% year-over-year&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Last twelve-month recurring revenues</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> were $716.9&#160;million, up 10.7% year-over-year&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Last twelve-month recurring revenues dollar-based net retention rate</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was 107% (calculated under Topic&#160;606), compared to 109% (calculated under Topic&#160;605) for the same period last year&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Last twelve-month account retention rate</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was 98% (calculated under Topic&#160;606), compared to 98% (calculated under Topic&#160;605) for the same period last year&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Annualized Recurring Revenue (&#8220;ARR&#8221;)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was $760.2&#160;million as of March&#160;31, 2021, representing a c</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">onstant currency ARR growth rate</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> of 10% from March&#160;31, 2020&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">GAAP operating income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was $55.6&#160;million, compared to $46.0&#160;million for the same period last year&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">GAAP net income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was $57.0&#160;million, compared to $29.7&#160;million for the same period last year. </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">GAAP net income per diluted share</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was $0.18, compared to $0.10 for the same period last year&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted Net Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was $64.0&#160;million, compared to $43.2&#160;million for the same period last year. </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adjusted Net Income per diluted share</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was $0.20 compared to $0.15 for the same period last year&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted EBITDA</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was $82.8&#160;million, compared to $57.9&#160;million for the same period last year. </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adjusted EBITDA margin</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was 37.3%, compared to 29.8% for the same period last year&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Cash flow from operations</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> was $132.8&#160;million, compared to $72.6&#160;million for the same period last year.</font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="ibff599d1f3924fea80f28044fe975bfd_4"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Definitions of the non&#8209;GAAP financial measures used in this press release and reconciliations of such measures to the most comparable GAAP financial measures are included below under the heading &#8220;Use and Reconciliation of Non&#8209;GAAP Financial Measures.&#8221;</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8220;Our first quarter operating results were broadly consistent with the progression of the same mildly improving application usage trends we reported earlier this year, with our established quarterly seasonalization, and with the outlook we have previously expressed for the unfolding of full-year 2021. On the other hand, the quarter&#8217;s unprecedented operating margins and operating cash flows benefited from circumstances likely unique to this unusual year. Of note, we are pleased by the indicated market demand for our applications within our newly-targeted &#8216;SMB&#8217; prospects</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> our Virtuosity subscriptions have attracted over a thousand accounts new to Bentley Systems, since inception less than a year ago,&#8221; said Greg Bentley, CEO.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8220;I believe the long-term potential of infrastructure digital twins will be accelerated by the &#8216;programmatic&#8217; acquisitions we announced last month, of </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">INRO</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> to add multi-modal and dynamic simulation capabilities for mobility digital twins, and of </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">sensemetrics</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Vista Data Vision</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> to extend our iTwin platform for infrastructure IoT. Anticipating the closing later in this quarter of our largest acquisition to date, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Seequent</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, subject to the completion of regulatory review, when we announce our second quarter operating results we will update our financial outlook for 2021 to reflect acquisition impacts,&#8221; concluded Mr. Bentley.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">First Quarter 2021 Financial Developments&#58;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">In January 2021, we entered into the Second Amendment to the Amended and Restated Credit Agreement dated December&#160;19, 2017, which increased the senior secured revolving loan facility from $500.0&#160;million to $850.0&#160;million and extended the maturity date from December&#160;18, 2022 to November&#160;15, 2025.</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">In January 2021, we completed a private offering of $690.0&#160;million of 0.125% convertible senior notes due 2026 (the &#8220;2026&#160;Notes&#8221;). We incurred $18.1&#160;million of expenses in connection with the 2026&#160;Notes offering consisting of the payment of initial purchasers&#8217; discounts and commissions, professional fees, and other expenses (&#8220;transaction costs&#8221;). Transaction costs were recorded as a direct deduction from the related debt liability in the consolidated balance sheet and are amortized to interest expense using the effective interest method over the term of the 2026&#160;Notes.</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">In connection with the pricing of the 2026&#160;Notes, we entered into capped call options with certain of the initial purchasers or their respective affiliates and certain other financial institutions. The capped call options are expected to reduce potential dilution to our Class&#160;B Common Stock upon any conversion of 2026&#160;Notes and&#47;or offset any cash payments we are required to make in excess of the principal amount of converted notes, as the case may be, with such reduction and&#47;or offset subject to a cap. We paid premiums of $25.5&#160;million in connection with the capped call options and they have been included as a net reduction to </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Additional paid-in capital</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> in the consolidated balance sheet.</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">On March&#160;11, 2021, we entered into a definitive agreement to acquire Seequent, a leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata management and collaboration, for approximately $900.0&#160;million in cash, net of cash acquired and subject to customary adjustments, including for working capital, plus 3,141,361&#160;shares of our Class&#160;B Common Stock. Seequent is expected to deepen the potential of our infrastructure digital twins offerings to help understand and mitigate environmental risks, advancing resilience, and sustainability. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close during the second quarter of 2021. We expect to use readily available cash, including a portion of the net proceeds from the 2026&#160;Notes, and borrowings under our Credit Facility to fund the cash component of the transaction. For the three months ended March&#160;31, 2021, we incurred $6.7&#160;million of expenses related to entering into the definitive agreement to acquire Seequent.</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">For the three months ended March&#160;31, 2021, the Company reported an effective tax rate of 15.3%. The unusually low effective tax rate was primarily due to the tax benefit associated with stock&#8209;based compensation, partially offset by the impact from officer compensation limitation provisions.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Operating Results Call Details</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Bentley Systems will host a live Zoom Video Webinar on May&#160;11, 2021 at 8&#58;30&#160;a.m. Eastern Time to discuss financial and operating results for its first quarter ended March&#160;31, 2021.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Those wishing to participate should access the live Zoom Video Webinar of the event through a direct registration link at </font><font style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">https&#58;&#47;&#47;zoom.us&#47;webinar&#47;register&#47;WN_XcHUVJklTrCeRvyQUGNxNg</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Alternatively, the event can be accessed from the Events &#38; Presentations page on Bentley Systems&#8217; Investor Relations website at                    </font><font style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">https&#58;&#47;&#47;investors.bentley.com</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Presentation materials will be posted prior to the webinar on Bentley&#160;Systems&#8217; Investor Relations website. In addition, a replay and transcript will be available after the conclusion of the live event on Bentley Systems&#8217; Investor Relations website for one year.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Definitions of Certain Key Business Metrics</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Definitions of the non&#8209;GAAP financial measures used in this earnings release and reconciliations of such measures to their nearest GAAP equivalents are included below under &#8220;Use and Reconciliation of Non&#8209;GAAP Financial Measures.&#8221; Certain non&#8209;GAAP measures included in our financial outlook are not being reconciled to the comparable GAAP financial measures because the GAAP measures are not accessible on a forward&#8209;looking basis. The Company is unable to reconcile these forward&#8209;looking non&#8209;GAAP financial measures to the most directly comparable GAAP measures without unreasonable efforts because the Company is currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected for these periods not to impact the non&#8209;GAAP measures, but would impact GAAP measures. Such unavailable information, which could have a significant impact on the Company&#8217;s GAAP financial results, may include stock&#8209;based compensation charges, depreciation and amortization of capitalized software costs and of acquired intangible assets, realignment expenses, and other items.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Last twelve-month recurring revenues</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> are calculated as recurring revenues recognized over the preceding twelve&#8209;month period. We define recurring revenues as subscription revenues that recur monthly, quarterly, or annually with specific or automatic renewal clauses and professional services revenues in which the underlying contract is based on a fixed fee and contains automatic annual renewal provisions.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Constant Currency Metrics</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In reporting period&#8209;over&#8209;period results, we calculate the effects of foreign currency fluctuations and constant currency information by translating current period results using prior period average foreign currency exchange rates. Our definition of constant currency may differ from other companies reporting similarly named measures, and these constant currency performance measures should be viewed in addition to, and not as a substitute for, our operating performance measures calculated in accordance with GAAP.</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Our </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">last twelve</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8209;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">month recurring revenues dollar</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8209;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">based net retention rate</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is calculated, using the average exchange rates for the prior period, as follows&#58; the recurring revenues for the current period, including any growth or reductions from accounts with recurring revenues in the prior period (&#8220;existing accounts&#8221;), but excluding recurring revenues from any new accounts added during the current period, divided by the total recurring revenues from all accounts during the prior period. A period is defined as any trailing twelve months. Prior to the year ended December&#160;31, 2020, the recurring revenues dollar&#8209;based net retention rate was calculated using revenues recognized pursuant to Topic&#160;605 for all periods in order to enhance comparability during our transition to Topic&#160;606 as we did not have all information that was necessary to calculate account retention rate pursuant to Topic&#160;606 for earlier periods.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Our </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">last twelve-month account retention rate</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for any given twelve&#8209;month period is calculated using the average currency exchange rates for the prior period, as follows&#58; the prior period recurring revenues from all accounts with recurring revenues in the current and prior period, divided by total recurring revenues from all accounts during the prior period. Prior to the year ended December&#160;31, 2020, the account retention rate was calculated using revenues recognized pursuant to Topic&#160;605 for all periods in order to enhance comparability during our transition to Topic&#160;606 as we did not have all information that was necessary to calculate account retention rate pursuant to Topic&#160;606 for earlier periods.</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Our </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">constant currency ARR growth rate</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is the growth rate of our ARR, measured on a constant currency basis. Our ARR is defined as the sum of the annualized value of our portfolio of contracts that produce recurring revenue as of the last day of the reporting period, and the annualized value of the last three months of recognized revenues for our contractually recurring consumption&#8209;based software subscriptions with consumption measurement durations of less than one year.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use and Reconciliation of Non-GAAP Financial Measures</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to our results determined in accordance with GAAP, we have calculated </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">adjusted cost of subscriptions and licenses</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">adjusted cost of services</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">adjusted research and development</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">adjusted selling and marketing</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">adjusted general and administrative</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">adjusted income from operations</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adjusted Net Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adjusted Net Income per diluted share</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adjusted EBITDA</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, and </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adjusted EBITDA margin</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, each of which are non&#8209;GAAP financial measures. We have provided tabular reconciliations of each of these non&#8209;GAAP financial measures to such measure&#8217;s most directly comparable GAAP financial measure.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management uses these non&#8209;GAAP financial measures to understand and compare operating results across accounting periods, for internal budgeting and forecasting purposes, and to evaluate financial performance and liquidity. Our non&#8209;GAAP financial measures are presented as supplemental disclosure as we believe they provide useful information to investors and others in understanding and evaluating our results, prospects, and liquidity period&#8209;over&#8209;period without the impact of certain items that do not directly correlate to our operating performance and that may vary significantly from period to period for reasons unrelated to our operating performance, as well as to compare our financial results to those of other companies. Our definitions of these non&#8209;GAAP financial measures may differ from similarly titled measures presented by other companies and therefore comparability may be limited. In addition, other companies may not publish these or similar metrics. Thus, our non&#8209;GAAP financial measures should be considered in addition to, not as a substitute for, or in isolation from, the financial information prepared in accordance with GAAP, and should be read in conjunction with the financial statements included in our Quarterly Report on Form&#160;10&#8209;Q to be filed with the U.S. Securities and Exchange Commission&#160;(&#8220;SEC&#8221;).</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We calculate these non&#8209;GAAP financial measures as follows&#58;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted cost of subscriptions and licenses</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is determined by adding back to GAAP cost of subscriptions and licenses, amortization of purchased intangibles and developed technologies, stock&#8209;based compensation, and realignment expenses, for the respective periods&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted cost of services</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is determined by adding back to GAAP cost of services, stock&#8209;based compensation, acquisition expenses, and realignment expenses, for the respective periods&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted research and development</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is determined by adding back to GAAP research and development, stock&#8209;based compensation, acquisition expenses, and realignment expenses, for the respective periods&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted selling and marketing</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is determined by adding back to GAAP selling and marketing, stock&#8209;based compensation, acquisition expenses, and realignment expenses, for the respective periods&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted general and administrative</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is determined by adding back to GAAP general and administrative, stock&#8209;based compensation, acquisition expenses, and realignment expenses, for the respective periods&#59;</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted income from operations</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is determined by adding back to GAAP operating income, amortization of purchased intangibles and developed technologies, stock&#8209;based compensation, acquisition expenses, and realignment expenses for the respective periods&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted Net Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is defined as net income adjusted for the following&#58; amortization of purchased intangibles and developed technologies, stock&#8209;based compensation, acquisition expenses, realignment expenses, other non&#8209;operating income and expense (primarily foreign exchange gain (loss)), net, the tax effect of the above adjustments to net income, and loss from investment accounted for using the equity method, net of tax. The tax effect of adjustments to net income is based on the estimated marginal effective tax rates in the jurisdictions impacted by such adjustments&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted Net Income per diluted share</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is determined by dividing </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adjusted Net Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> by the weighted average diluted shares&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted EBITDA</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is defined as net income adjusted for interest expense, net, provision for income taxes, depreciation and amortization, stock&#8209;based compensation, acquisition expenses, realignment expenses, other non&#8209;operating income and expense (primarily foreign exchange gain (loss)), net, and loss from investment accounted for using the equity method, net of tax&#59;</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Adjusted EBITDA margin</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is determined by dividing </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adjusted EBITDA</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> by </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">total revenues</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We encourage investors and others to review our financial information in its entirety, not to rely on any single financial measure, and to view these non&#8209;GAAP financial measures in conjunction with the related GAAP financial measures.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Forward-Looking Statements</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The forward-looking statements contained in this earnings release reflect Bentley Systems&#8217; expectations as of today&#8217;s date. Given the number of risk factors, uncertainties, and assumptions discussed below, actual results may differ materially.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Any statements made in this earnings release that are not statements of historical fact, including statements about our 2021 financial outlook and our beliefs and expectations, the planned acquisition of Seequent and the timing thereof, the impact of the acquisition on Bentley&#8217;s financial condition and results of operations and the products, services, and business relationships of each of Bentley and Seequent, are forward&#8209;looking statements and should be evaluated as such. Forward&#8209;looking statements include information concerning possible or assumed future results of operations, business plans, pending acquisitions and&#47;or the integration of completed acquisitions, and business strategies. Forward&#8209;looking statements are based on Bentley Systems management&#8217;s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited, to macroeconomic conditions, pandemic consequences, Bentley&#8217;s ability to successfully integrate or operate Seequent&#8217;s business, any costs or delays attributable to obtaining required regulatory approvals for the acquisition, costs related to the acquisition, adverse changes in the capital markets environment and Bentley&#8217;s ability to access additional financing on terms acceptable to it or at all, changes in Seequent&#8217;s customer base or geographic footprint, failure to retain personnel necessary for the operation or integration of Seequent&#8217;s business, changes in the industries in which Seequent&#8217;s customers operate, the competitive environment in which both Bentley and Seequent operate and competitive responses to the acquisition, Bentley and Seequent&#8217;s ability to innovate, develop new products or modify existing products, general economic, market, and business conditions, unanticipated impact of accounting for acquisitions, and the ability to satisfy the conditions to the completion of the acquisition on the anticipated schedule, or at all.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Further information on factors which may cause actual results to differ materially from current expectations include, but are not limited, those described under the heading &#8220;Risk Factors&#8221; in the Company&#8217;s 2020 Annual Report on Form&#160;10&#8209;K, and the Company&#8217;s subsequent filings with the SEC. Copies of each filing may be obtained from the Company or the SEC on their respective websites. All forward&#8209;looking statements reflect our beliefs and assumptions only as of the date of this press release. We undertake no obligation to update forward&#8209;looking statements to reflect future events or circumstances.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">About Bentley Systems</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Bentley Systems (Nasdaq&#58; BSY) is the </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">infrastructure engineering software</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> company. We provide innovative software to advance the world&#8217;s infrastructure &#8211; sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, and industrial facilities. Our offerings include </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">MicroStation</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">-based applications for modeling and simulation, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">ProjectWise</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for project delivery, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">AssetWise</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for asset and network performance, and the </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">iTwin</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> platform for infrastructure digital twins. Bentley Systems employs more than 4,000&#160;colleagues and generates annual revenues of more than $800&#160;million in 172&#160;countries.</font><font style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.bentley.com</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#169; 2021 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, INRO, iTwin, MicroStation, ProjectWise, and Vista Data Vision are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. sensemetrics is a registered trademark of sensemetrics Inc. All other brands and product names are trademarks of their respective owners.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="ibff599d1f3924fea80f28044fe975bfd_7"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">BENTLEY SYSTEMS, INCORPORATED AND SUBSIDIARIES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Consolidated Balance Sheets</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">(in thousands)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:6pt;padding-left:45pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:62.361%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.921%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.566%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.883%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.569%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">March&#160;31, 2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">December&#160;31, 2020</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Assets</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current assets&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash and cash equivalents</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">569,536&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">122,006&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accounts receivable</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">189,530&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">195,782&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Allowance for doubtful accounts</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6,370)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5,759)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Prepaid income taxes</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,994&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,535&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Prepaid and other current assets</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">25,118&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">24,694&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total current assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">781,808&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">340,258&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property and equipment, net</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">27,767&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">28,414&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Operating lease right-of-use assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">41,691&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">46,128&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Intangible assets, net</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">53,697&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">45,627&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Goodwill</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">622,756&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">581,174&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Investments</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,245&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,691&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred income taxes</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">42,133&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">39,224&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other assets</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">51,771&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">39,519&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,626,868&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,126,035&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Liabilities and Stockholders&#8217; Equity</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current liabilities&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accounts payable</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15,947&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16,492&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accruals and other current liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">296,497&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">226,793&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred revenues</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">186,396&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">202,294&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Operating lease liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15,894&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16,610&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes payable</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">11,721&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,366&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total current liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">526,455&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">465,555&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Long-term debt</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">672,599&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">246,000&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Long-term operating lease liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">27,861&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">31,767&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred revenues</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7,108&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7,020&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred income taxes</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14,305&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10,849&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes payable</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7,883&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7,883&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other liabilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16,660&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15,362&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total liabilities</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,272,871&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">784,436&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stockholders&#8217; equity&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Common stock</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,737&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,722&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additional paid-in capital</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">732,635&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">741,113&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accumulated other comprehensive loss</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(35,394)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(26,233)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accumulated deficit</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(345,981)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(376,003)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total stockholders&#8217; equity</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">353,997&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">341,599&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total liabilities and stockholders&#8217; equity</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,626,868&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,126,035&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr></table></div><div style="padding-left:22.5pt;padding-right:22.5pt;text-align:center"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="ibff599d1f3924fea80f28044fe975bfd_10"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">BENTLEY SYSTEMS, INCORPORATED AND SUBSIDIARIES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Consolidated Statements of Operations</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">(in thousands, except share and per share data)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.810%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.921%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.842%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.883%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.844%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Three Months Ended</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">March&#160;31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2021</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2020</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenues&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Subscriptions</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">188,125&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">170,182&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Perpetual licenses</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10,116&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10,814&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Subscriptions and licenses</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">198,241&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">180,996&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Services</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">23,764&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">13,694&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total revenues</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">222,005&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">194,690&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cost of revenues&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cost of subscriptions and licenses</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">28,945&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">21,327&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cost of services</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,344&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15,932&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total cost of revenues</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">49,289&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">37,259&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Gross profit</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">172,716&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">157,431&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Operating expenses&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Research and development</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">47,803&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">45,135&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Selling and marketing</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">32,440&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">36,095&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">General and administrative</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">33,388&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">26,804&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Amortization of purchased intangibles</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,438&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,436&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total operating expenses</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">117,069&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">111,470&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income from operations</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">55,647&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">45,961&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest expense, net</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,319)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,388)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other income (expense), net</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14,482&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(7,390)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income before income taxes</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">67,810&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">37,183&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Provision for income taxes</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(10,358)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(7,176)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss from investment accounted for using the equity method, net of tax</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(446)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(338)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">57,006&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">29,669&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Less&#58; Net income attributable to participating securities</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income attributable to Class&#160;A and Class&#160;B&#160;common stockholders</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">57,006&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">29,669&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Per share information&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income per share, basic</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.19&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.10&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income per share, diluted</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.18&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.10&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Weighted average shares, basic</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">302,583,452&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">285,486,972&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Weighted average shares, diluted</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">321,736,649&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">292,378,627&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:center"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="ibff599d1f3924fea80f28044fe975bfd_13"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">BENTLEY SYSTEMS, INCORPORATED AND SUBSIDIARIES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Consolidated Statements of Cash Flows</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">(in thousands)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:73.900%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.921%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.797%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.883%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.799%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Three Months Ended</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">March&#160;31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2021</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2020</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash flows from operating activities&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">57,006&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">29,669&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjustments to reconcile net income to net cash provided by operating activities&#58;</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Depreciation and amortization</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,993&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,050&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Bad debt allowance (recovery)</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">746&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(256)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred income taxes</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">966&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,742&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred compensation plan activity</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,021&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">676&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation expense</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,913&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,653&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Amortization and write-off of deferred debt issuance costs</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,229&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">138&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Change in fair value of derivative</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(13,661)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Change in fair value of contingent consideration</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,390)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Foreign currency remeasurement (gain) loss</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(583)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6,985&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss from investment accounted for using the equity method, net&#160;of tax</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">446&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">338&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Changes in assets and liabilities, net of effect from acquisitions&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accounts receivable</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14,903&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">38,273&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Prepaid and other assets</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,257&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,653&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accounts payable, accruals and other liabilities</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">54,977&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6,778&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Deferred revenues</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(21,889)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(28,247)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income taxes payable</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">11,474&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,550&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash provided by operating activities</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">132,798&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">72,612&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash flows from investing activities&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Purchases of property and equipment and investment in capitalized software</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,655)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4,500)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisitions, net of cash acquired of $1,326 and $1,986, respectively</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(57,975)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(39,329)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other investing activities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,414)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash used in investing activities</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(60,630)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(45,243)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash flows from financing activities&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proceeds from credit facilities</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16,000&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">58,907&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payments of credit facilities</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(262,000)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(133,625)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proceeds from convertible senior notes, net of discounts and commissions</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">672,750&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payments of debt issuance costs</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3,777)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Purchase of capped call options</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(25,530)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payments of financing leases</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(50)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(47)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payments of acquisition debt and other consideration</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(25)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(127)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payments of dividends</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(8,219)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(7,802)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Payments for shares acquired including shares withheld for taxes</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(18,763)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3,918)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proceeds from exercise of stock options</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,751&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">724&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash provided by (used in) financing activities</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">372,137&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(85,888)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Effect of exchange rate changes on cash and cash equivalents</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3,225&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,293)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Increase (decrease) in cash and cash equivalents</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">447,530&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(60,812)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash and cash equivalents, beginning of year</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">122,006&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">121,101&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash and cash equivalents, end of period</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">569,536&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">60,289&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="ibff599d1f3924fea80f28044fe975bfd_16"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">BENTLEY SYSTEMS, INCORPORATED AND SUBSIDIARIES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reconciliation of GAAP to Non-GAAP Measures</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">For the Three Months Ended March&#160;31, 2021 and 2020</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">(in thousands)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Reconciliation of net income to Adjusted EBITDA&#58;</font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:73.419%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.598%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.883%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.600%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Three Months Ended</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">March&#160;31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2021</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2020</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">57,006&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">29,669&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest expense, net</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,319&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,388&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Provision for income taxes</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10,358&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7,176&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Depreciation and amortization</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,993&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,050&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,913&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,653&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisition expenses</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">9,256&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,275&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Realignment expenses</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other (income) expense, net</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(14,482)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7,390&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-9pt;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss from investment accounted for using the equity method, net of tax</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">446&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">338&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted EBITDA</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">82,809&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">57,931&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div><font><br></font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Reconciliation of net income to Adjusted Net Income&#58;</font></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:73.419%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.598%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.883%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.600%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Three Months Ended</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">March&#160;31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2021</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2020</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">57,006&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">29,669&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Non-GAAP adjustments, prior to income taxes&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Amortization of purchased intangibles and developed technologies</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,683&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,539&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,913&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,653&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisition expenses</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">9,256&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,275&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Realignment expenses</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(8)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other (income) expense, net</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(14,482)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7,390&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-9pt;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total non-GAAP adjustments, prior to income taxes</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,370&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15,849&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income tax effect of non-GAAP adjustments</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,818)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2,700)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss from investment accounted for using the equity method, net of tax</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">446&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">338&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted Net Income</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">64,004&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">43,156&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Reconciliation of GAAP Financial Statement Line Items to Non-GAAP Adjusted Financial Statement Line Items&#58;</font></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:73.419%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.598%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.883%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.600%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Three Months Ended</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">March&#160;31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2021</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2020</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cost of subscriptions and licenses</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">28,945&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">21,327&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Amortization of purchased intangibles and developed technologies</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,245)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,103)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(86)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(28)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted cost of subscriptions and licenses</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">27,614&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,196&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cost of services</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">20,344&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15,932&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(235)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(96)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisition expenses</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(966)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(20)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted cost of services</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">19,143&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15,816&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Research and development</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">47,803&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">45,135&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3,909)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(619)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisition expenses</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,374)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1,250)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Realignment expenses</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted research and development</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">42,520&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">43,274&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Selling and marketing</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">32,440&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">36,095&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(690)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(400)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisition expenses</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(44)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(77)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted selling and marketing</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">31,706&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">35,618&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">General and administrative</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">33,388&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">26,804&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3,993)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(510)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisition expenses</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6,860)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(812)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted general and administrative</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">22,535&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">25,482&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income from operations</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">55,647&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">45,961&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Amortization of purchased intangibles and developed technologies</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,683&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,539&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,913&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,653&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisition expenses</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">9,256&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,275&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Realignment expenses</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted income from operations</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">78,499&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">54,420&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>bsy-20210511.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2021 Workiva-->
<!--r:9ec9d0c7-b163-4dcc-9971-885746e657c4,g:9df58559-d78f-49ab-a018-f065046dedcd-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:bsy="http://www.bentley.com/20210511" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.bentley.com/20210511">
  <xs:import namespace="http://www.w3.org/1999/xlink" schemaLocation="http://www.xbrl.org/2003/xlink-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2020-01-31" schemaLocation="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="bsy-20210511_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="bsy-20210511_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="bsy-20210511_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="bsy-20210511_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="Cover" roleURI="http://www.bentley.com/role/Cover">
        <link:definition>0001001 - Document - Cover</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
</xs:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>4
<FILENAME>bsy-20210511_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2021 Workiva-->
<!--r:9ec9d0c7-b163-4dcc-9971-885746e657c4,g:9df58559-d78f-49ab-a018-f065046dedcd-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.bentley.com/role/Cover" xlink:type="simple" xlink:href="bsy-20210511.xsd#Cover"/>
  <link:calculationLink xlink:role="http://www.bentley.com/role/Cover" xlink:type="extended"/>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>5
<FILENAME>bsy-20210511_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2021 Workiva-->
<!--r:9ec9d0c7-b163-4dcc-9971-885746e657c4,g:9df58559-d78f-49ab-a018-f065046dedcd-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member"/>
  <link:roleRef roleURI="http://www.bentley.com/role/Cover" xlink:type="simple" xlink:href="bsy-20210511.xsd#Cover"/>
  <link:definitionLink xlink:role="http://www.bentley.com/role/Cover" xlink:type="extended" id="ib967ab0e0f8b49c7a382059bdb1e8535_Cover"/>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>6
<FILENAME>bsy-20210511_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2021 Workiva-->
<!--r:9ec9d0c7-b163-4dcc-9971-885746e657c4,g:9df58559-d78f-49ab-a018-f065046dedcd-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_dei_DocumentType_deda7112-91fc-4761-adbc-a8d4437256c2_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_8865083c-2359-4f0a-b384-67612facc3b0_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LocalPhoneNumber_37c47887-cc59-47e6-b864-a6092adf0823_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_c1e53686-66a2-4c9d-97fa-863d1336ac00_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_WrittenCommunications_195845c7-6240-4148-b250-be9cfe3b39ec_terseLabel_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Written Communications</link:label>
    <link:label id="lab_dei_WrittenCommunications_label_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Written Communications</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_WrittenCommunications" xlink:to="lab_dei_WrittenCommunications" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CityAreaCode_75b34d12-67da-4d3b-9720-04a776ecdc2d_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_Security12bTitle_3e8a6954-a665-4f3c-85c2-ee1f01fadaea_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressStateOrProvince_ffc9cc48-4317-4e29-8cae-2c194376b0df_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SecurityExchangeName_d98cac20-3c79-4795-8066-6496e4a73878_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SolicitingMaterial_5607fd52-12c8-403b-8158-d80154d81bd4_terseLabel_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Soliciting Material</link:label>
    <link:label id="lab_dei_SolicitingMaterial_label_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Soliciting Material</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SolicitingMaterial" xlink:to="lab_dei_SolicitingMaterial" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_43988067-fed5-476a-89bd-ba22069dbef1_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_450ef14f-235c-4c14-82a5-5feccab14556_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_c3cce221-1ae8-4c1e-903a-2f8f6c6f7460_terseLabel_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_label_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber" xlink:to="lab_dei_EntityTaxIdentificationNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_92cf89bb-d071-4365-8612-3ffa7c9a1ffa_terseLabel_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementIssuerTenderOffer" xlink:to="lab_dei_PreCommencementIssuerTenderOffer" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementTenderOffer_55256318-28f5-4813-9018-3b5bd3d476cc_terseLabel_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementTenderOffer" xlink:to="lab_dei_PreCommencementTenderOffer" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_72ff0948-f438-4cce-b2fd-3cbb345ebbf7_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_af29d58a-b62f-4f2d-9986-73d150b7cb5f_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_d0671903-93f0-4d17-8b40-c8e6ce4da7a4_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_058646f3-788b-4ec4-b290-ce61506f9e37_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_7c90dfb9-8d59-4d1e-998b-e788421a5fb3_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_a70ec59e-e69d-464b-b81e-c1ef02d022bb_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_TradingSymbol_be8eb8a9-3eb3-47e8-b064-ca4324c36ec3_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityExTransitionPeriod_297717ca-aca3-48ed-9a34-9a9685ade9fe_terseLabel_en-US" xlink:label="lab_dei_EntityExTransitionPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Ex Transition Period</link:label>
    <link:label id="lab_dei_EntityExTransitionPeriod_label_en-US" xlink:label="lab_dei_EntityExTransitionPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Ex Transition Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityExTransitionPeriod" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityExTransitionPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityExTransitionPeriod" xlink:to="lab_dei_EntityExTransitionPeriod" xlink:type="arc" order="1"/>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>bsy-20210511_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2021 Workiva-->
<!--r:9ec9d0c7-b163-4dcc-9971-885746e657c4,g:9df58559-d78f-49ab-a018-f065046dedcd-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.bentley.com/role/Cover" xlink:type="simple" xlink:href="bsy-20210511.xsd#Cover"/>
  <link:presentationLink xlink:role="http://www.bentley.com/role/Cover" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_94dc4458-8cae-4340-b030-59fb96cf5a48" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_DocumentType_94dc4458-8cae-4340-b030-59fb96cf5a48" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_93cdac0f-2a8e-4e0d-9593-cf81fb873f0c" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_DocumentPeriodEndDate_93cdac0f-2a8e-4e0d-9593-cf81fb873f0c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_e222fb93-5f01-4025-a87c-3368a856c96f" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityRegistrantName_e222fb93-5f01-4025-a87c-3368a856c96f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_9388d39a-9320-4c36-8530-097952bdef29" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityIncorporationStateCountryCode_9388d39a-9320-4c36-8530-097952bdef29" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_fb714030-8e39-4450-aaf8-c0e6f2aca24f" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityFileNumber_fb714030-8e39-4450-aaf8-c0e6f2aca24f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_64e7a13f-c73d-4c2d-82d7-ec1e63d99f6a" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityTaxIdentificationNumber_64e7a13f-c73d-4c2d-82d7-ec1e63d99f6a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_626bdf55-d170-4659-b18c-9bf2cf513954" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityAddressAddressLine1_626bdf55-d170-4659-b18c-9bf2cf513954" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_30badaa5-ad93-4a76-9a6f-1c2beb3b31f2" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityAddressCityOrTown_30badaa5-ad93-4a76-9a6f-1c2beb3b31f2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_86beb81c-3bab-46a5-a803-68c7bec9de30" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityAddressStateOrProvince_86beb81c-3bab-46a5-a803-68c7bec9de30" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_817e0e3f-8bbe-477e-a168-263bcd8d618e" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityAddressPostalZipCode_817e0e3f-8bbe-477e-a168-263bcd8d618e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_8c0bfde3-7cb2-4b0f-b657-28dbced3f607" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_CityAreaCode_8c0bfde3-7cb2-4b0f-b657-28dbced3f607" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_ca1413da-5ce3-4f91-912b-a2efab6afa72" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_LocalPhoneNumber_ca1413da-5ce3-4f91-912b-a2efab6afa72" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_a833a6aa-ed2f-441d-8d6b-ccf7e3952d76" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_WrittenCommunications_a833a6aa-ed2f-441d-8d6b-ccf7e3952d76" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_10b21965-1f26-47d8-8a35-5bef3e0f6cdc" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_SolicitingMaterial_10b21965-1f26-47d8-8a35-5bef3e0f6cdc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_a6b505f3-4d24-460c-a9fc-fbbc5faf4c20" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_PreCommencementTenderOffer_a6b505f3-4d24-460c-a9fc-fbbc5faf4c20" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_dd795c37-c301-47ed-98c4-df8098ffda62" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_dd795c37-c301-47ed-98c4-df8098ffda62" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_8606ca91-3827-4d24-9ef2-6f66d3883b9a" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_Security12bTitle_8606ca91-3827-4d24-9ef2-6f66d3883b9a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_9deb6638-3d49-4879-ad87-c9e96650fb79" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_TradingSymbol_9deb6638-3d49-4879-ad87-c9e96650fb79" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_bfb8778a-dc19-4693-a221-43303c313abd" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_SecurityExchangeName_bfb8778a-dc19-4693-a221-43303c313abd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_b21c990c-2457-4d4e-ae59-68586e6bc756" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityEmergingGrowthCompany_b21c990c-2457-4d4e-ae59-68586e6bc756" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityExTransitionPeriod_ca740554-3f5c-46ca-a18d-f67cf8085522" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityExTransitionPeriod"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityExTransitionPeriod_ca740554-3f5c-46ca-a18d-f67cf8085522" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_07a7ab67-4a7e-4a14-9b21-db8e7f0f13bb" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_EntityCentralIndexKey_07a7ab67-4a7e-4a14-9b21-db8e7f0f13bb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_e6156f72-7e4e-4431-a135-39e4298fc50b" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_b3b69511-1ca2-4f90-9f9e-8fdec354fede" xlink:to="loc_dei_AmendmentFlag_e6156f72-7e4e-4431-a135-39e4298fc50b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>bsylogo1.jpg
<TEXT>
begin 644 bsylogo1.jpg
M_]C_X  02D9)1@ ! 0$ W #<  #_VP!#  ," @," @,# P,$ P,$!0@%!00$
M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_
MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04
M%!04%!04%!04%!04%!04%!04%!04%!3_P  1" ") ; # 2(  A$! Q$!_\0
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M'7Q8\7V'C;Q!;6_B"\AMX=0N(XXU8 (HE8*O3ICI7VBWW37P#\1?^2@^)_\
ML*77_HUJ^1XBJSI4H.#MJ?-YW4G3IP<';4T?^%Q^-?\ H9+[_OL?X4?\+C\:
M_P#0R7W_ 'V/\*Y*UMIKRYBM[>)YIY7$<<:#+,Q.  .YKH1\,?%QZ>&=6/\
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MA/XA^"[CP!XNOM&G)=86W03$'$L1&4;H,\'!QW# 5N_\+\\??]#%-_X#P_\
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M2;V>I[YX=_97'B/P_IVJQ>*?)CO;:.X6-M/R5#J&P3YO;.*TO^&/6_Z&P?\
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MZ^2/M;]G/_DCF@_6X_\ 2B2O2J\U_9S_ .2.:#];C_THDKTJOT# _P"ZTO\
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M?H2R7+VKJ'XO_,^U_LG!;J'XO_,^;?\ ACUO^AM'_@N_^VT?\,>M_P!#8O\
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MGA"JK$J!5!!7S?\ :D^"NE?!_P#:*UKX<>$6U34[>S:S@@;49(YKB:6>"*7
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M?0_P1_9'^%_[/>I'5?!>@RV6M2V T^XU*XOIYY+B/<C,65G\L,S1JQV(O(X
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$DH__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>bsy-20210511_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xml:lang="en-US"
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="bsy-20210511.xsd" xlink:type="simple"/>
    <context id="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001031308</identifier>
        </entity>
        <period>
            <startDate>2021-05-11</startDate>
            <endDate>2021-05-11</endDate>
        </period>
    </context>
    <dei:EntityCentralIndexKey
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl80L2ZyYWc6YTM0NzhlNTM0ZWI2NGYyY2FjZTUxOTNlNjNhMzU5ZjYvdGFibGU6MzdkNDc2ZDljNGI3NDFmNDljOGRhYzkxZTk0ODliODcvdGFibGVyYW5nZTozN2Q0NzZkOWM0Yjc0MWY0OWM4ZGFjOTFlOTQ4OWI4N18wLTEtMS0xLTA_df93ddd2-cd59-42ba-b98a-c0d1e3e7f9cf">0001031308</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl80L2ZyYWc6YTM0NzhlNTM0ZWI2NGYyY2FjZTUxOTNlNjNhMzU5ZjYvdGFibGU6MzdkNDc2ZDljNGI3NDFmNDljOGRhYzkxZTk0ODliODcvdGFibGVyYW5nZTozN2Q0NzZkOWM0Yjc0MWY0OWM4ZGFjOTFlOTQ4OWI4N18xLTEtMS0xLTA_593864f1-d6b5-48bd-8d7d-d7ce9f05b9ff">false</dei:AmendmentFlag>
    <dei:DocumentType
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzI1_09a2bd9e-a164-4fef-a2c0-ea9f500b996c">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8zMDQ_373cd028-d5c9-4b42-b335-c1cce5d024fd">2021-05-11</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzI4_2383f132-59b1-46cd-9b3d-49c3bb5b32bc">BENTLEY SYSTEMS, INCORPORATED</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV8wLTAtMS0xLTA_dd8a1297-09b1-48dc-9f83-bceb0904a9fa">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV8wLTEtMS0xLTA_a9ac3137-3721-445b-b58b-6b988f8ccbe5">001-39548</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV8wLTItMS0xLTA_d99a688e-0e0a-497d-96b5-fb262732444b">95-3936623</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV8zLTAtMS0xLTAvdGV4dHJlZ2lvbjoyOTQ5ZjIwMjgxZjg0YjcxODI1YTk4MjlmODMyM2VmYl80_fb189cc6-5744-42b2-8d25-56976f35e62c">685 Stockton Drive</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV80LTAtMS0xLTAvdGV4dHJlZ2lvbjplOTIwMzAyZjg0N2Q0NjUzYTRmMTA2NjgyNzE5MmU0ZF81_005b90a3-8b58-4bb1-a19e-3a93ba81f847">Exton</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV80LTAtMS0xLTAvdGV4dHJlZ2lvbjplOTIwMzAyZjg0N2Q0NjUzYTRmMTA2NjgyNzE5MmU0ZF85_a285141f-0d00-47ee-843c-f2038f44c703">PA</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6OTk3YjBhZGY2MTQ3NDA2MTkzZWMzMDVjNGIwYTZmN2UvdGFibGVyYW5nZTo5OTdiMGFkZjYxNDc0MDYxOTNlYzMwNWM0YjBhNmY3ZV80LTItMS0xLTA_59d4b815-4953-4772-bc4b-79f595e027ab">19341</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzM3_a7b79e6f-5252-4254-b96b-cb5da8273f84">610</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzMz_c3596537-baf4-4304-954f-a65d37a35a21">458-5000</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzI5_67e36b9e-b17f-4596-8c4a-bd6b84c0347c">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzMw_92de14d1-a080-4e6d-ab4a-e9b10063dfb7">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzM1_0d002c6f-8fb6-4323-abbd-5caac30f1d86">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzM2_e25c2e67-9e15-4a97-8bdc-bd8ef38fa166">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6Y2I4MmFhM2IzNDA4NDkwN2JjNDBjZjk0MmM4NDJhZmEvdGFibGVyYW5nZTpjYjgyYWEzYjM0MDg0OTA3YmM0MGNmOTQyYzg0MmFmYV8xLTAtMS0xLTA_748ff386-7df0-4378-af28-4a022f5b83e1">Class B common stock, par value $0.01 per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6Y2I4MmFhM2IzNDA4NDkwN2JjNDBjZjk0MmM4NDJhZmEvdGFibGVyYW5nZTpjYjgyYWEzYjM0MDg0OTA3YmM0MGNmOTQyYzg0MmFmYV8xLTItMS0xLTA_742acf6b-2420-4e68-861b-349369191d40">BSY</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGFibGU6Y2I4MmFhM2IzNDA4NDkwN2JjNDBjZjk0MmM4NDJhZmEvdGFibGVyYW5nZTpjYjgyYWEzYjM0MDg0OTA3YmM0MGNmOTQyYzg0MmFmYV8xLTQtMS0xLTA_c9942c70-43f2-4950-82a1-1971730c23b0">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNDYz_539a05d9-59e4-43d6-afa8-37f3c0ec6615">true</dei:EntityEmergingGrowthCompany>
    <dei:EntityExTransitionPeriod
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xL2ZyYWc6ZmVhMjczYjJkMmMxNDBkZWJkYzAwMjhkNGQ0ZDM4YTAvdGV4dHJlZ2lvbjpmZWEyNzNiMmQyYzE0MGRlYmRjMDAyOGQ0ZDRkMzhhMF8xNzMx_f7aaeb01-f049-41e4-96da-c9178b5b4a8e">false</dei:EntityExTransitionPeriod>
    <dei:DocumentPeriodEndDate
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl83L2ZyYWc6YmQwYzAyODc2MjI1NDA5YmFmMzJlOTVjY2ZlMjFjMzcvdGV4dHJlZ2lvbjpiZDBjMDI4NzYyMjU0MDliYWYzMmU5NWNjZmUyMWMzN182NQ_373cd028-d5c9-4b42-b335-c1cce5d024fd">2021-05-11</dei:DocumentPeriodEndDate>
    <dei:DocumentPeriodEndDate
      contextRef="i3f58831320bd4873b28d4387c20c3500_D20210511-20210511"
      id="id3VybDovL2RvY3MudjEvZG9jOmM4NTljMTFkNmMzYTRjODZiZjNkOWNkNjU0MjAxYTMyL3NlYzpjODU5YzExZDZjM2E0Yzg2YmYzZDljZDY1NDIwMWEzMl8xMC9mcmFnOjVhZDFhYzA3Mjk0NjQ2MzQ4YzQ5MzYwMjk4MTk5YmUyL3RhYmxlOmQyZDczNzFjMWY3MzQzNzRhZWY5ODRjNGI0ZjE1M2I4L3RhYmxlcmFuZ2U6ZDJkNzM3MWMxZjczNDM3NGFlZjk4NGM0YjRmMTUzYjhfMi0wLTEtMS0wL3RleHRyZWdpb246ODkwY2NlMjQzMGIzNDFkZDg0Y2E1Yjk2ZWRhNjRiMzhfMTE_373cd028-d5c9-4b42-b335-c1cce5d024fd">2021-05-11</dei:DocumentPeriodEndDate>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140467130068344">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>May 11, 2021</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">May 11,  2021<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">BENTLEY SYSTEMS, INCORPORATED<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-39548<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">95-3936623<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">685 Stockton Drive<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Exton<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">PA<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">19341<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">610<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">458-5000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Class B common stock, par value $0.01 per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BSY<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityExTransitionPeriod', window );">Entity Ex Transition Period</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001031308<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityExTransitionPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 7A<br> -Section B<br> -Subsection 2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityExTransitionPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>11
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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M=]W3CHG&K=!X#;[Q3X?#KHG&J]!TZVDF)_VN:Z3I%FA"1N/K>A(5M>5 TR
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M!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL!_]':-\*K^(+
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MU4#E/]O4#6CV#30<D05>,9FV-J/D3@H\W/[O#;#"Q([A[8N_ 5!+ P04
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MX *<%]><@9O9!O!]J90Y5NPMN/@G1O\?4$L#!!0    ( +4\JU*?H!OPL0(
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M3AI_YHOA/UY_ 5!+ 0(4 Q0    ( +4\JU('04UB@0   +$    0
M      "  0    !D;V-0<F]P<R]A<' N>&UL4$L! A0#%     @ M3RK4@FZ
MV*OO    *P(  !$              ( !KP   &1O8U!R;W!S+V-O<F4N>&UL
M4$L! A0#%     @ M3RK4IE<G",0!@  G"<  !,              ( !S0$
M 'AL+W1H96UE+W1H96UE,2YX;6Q02P$"% ,4    " "U/*M2: ?K<$\$  #0
M$   &               @($."   >&PO=V]R:W-H965T<R]S:&5E=#$N>&UL
M4$L! A0#%     @ M3RK4I^@&_"Q @  X@P   T              ( !DPP
M 'AL+W-T>6QE<RYX;6Q02P$"% ,4    " "U/*M2EXJ[',     3 @  "P
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52P4&      D "0 ^ @  YQ,

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.21.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>96</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="bsy-20210511.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>0001001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.bentley.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="bsy-20210511.htm">bsy-20210511.htm</File>
    <File>bsy-20210511.xsd</File>
    <File>bsy-20210511_cal.xml</File>
    <File>bsy-20210511_def.xml</File>
    <File>bsy-20210511_lab.xml</File>
    <File>bsy-20210511_pre.xml</File>
    <File>exhibit991-2021q1.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2020-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>16
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "bsy-20210511.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "contextCount": 1,
   "dts": {
    "calculationLink": {
     "local": [
      "bsy-20210511_cal.xml"
     ]
    },
    "definitionLink": {
     "local": [
      "bsy-20210511_def.xml"
     ]
    },
    "inline": {
     "local": [
      "bsy-20210511.htm"
     ]
    },
    "labelLink": {
     "local": [
      "bsy-20210511_lab.xml"
     ],
     "remote": [
      "https://xbrl.sec.gov/dei/2020/dei-doc-2020-01-31.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "bsy-20210511_pre.xml"
     ]
    },
    "referenceLink": {
     "remote": [
      "https://xbrl.sec.gov/dei/2020/dei-ref-2020-01-31.xml"
     ]
    },
    "schema": {
     "local": [
      "bsy-20210511.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd"
     ]
    }
   },
   "elementCount": 24,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2020-01-31": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 96,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "bsy",
   "nsuri": "http://www.bentley.com/20210511",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "baseRef": "bsy-20210511.htm",
      "contextRef": "i3f58831320bd4873b28d4387c20c3500_D20210511-20210511",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "0001001 - Document - Cover",
     "role": "http://www.bentley.com/role/Cover",
     "shortName": "Cover",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "baseRef": "bsy-20210511.htm",
      "contextRef": "i3f58831320bd4873b28d4387c20c3500_D20210511-20210511",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag",
        "terseLabel": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code",
        "terseLabel": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "xbrltype": "stringItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.",
        "label": "Document Period End Date",
        "terseLabel": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type",
        "terseLabel": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One",
        "terseLabel": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key",
        "terseLabel": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityExTransitionPeriod": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.",
        "label": "Entity Ex Transition Period",
        "terseLabel": "Entity Ex Transition Period"
       }
      }
     },
     "localname": "EntityExTransitionPeriod",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number",
        "terseLabel": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code",
        "terseLabel": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name",
        "terseLabel": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number",
        "terseLabel": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer",
        "terseLabel": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer",
        "terseLabel": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security",
        "terseLabel": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material",
        "terseLabel": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications",
        "terseLabel": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.bentley.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 0
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r6": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  },
  "r7": {
   "Name": "Securities Act",
   "Number": "7A",
   "Publisher": "SEC",
   "Section": "B",
   "Subsection": "2"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>17
<FILENAME>0001628280-21-009759-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001628280-21-009759-xbrl.zip
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MFVL/),OQ!D.Q-HUM!.L'=&Y9/>AXR3(V_;#5(?"93Z+(BS@%E%--(98"$!I
M_0]!.*1"$B4M^U652<8&Y*8!\^ \*UW_Q8%UIZKJ:.LV52^?!NI1V5C4I4'5
MZ$'_[E0U]-"MJ<;D:OI2S6.;8-]^'R[TH[,7FV?BU3?XG[WX'U!+ P04
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MO0=_$NO+'74[TV_O)FY\"_ 81FD:34[Q"N]HG#+/#>0.^&;$QSFD!NWIMU6
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M\Y_RY*Z'Z5\\'CR,(]</9G#]8<(2#+,8]RP=\RN=QM$M E5>7,$D8-OX")O
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M/+XJAN!W9>N<>;S=#4O&5.I^X]50O"*IV[+_)BA<AIF!?#"98L77,:D(]$4
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M D89V'.+1R_M6;2]2'D&<;[[*?HG/)G(C=RM6,RG:/ES3YD 9RHLKW0VI?-
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M[9Z0OL\Y9$X&FQY6(]OQ(9MI6:3=K@O9=J0#-(/9G^6C*&/0KX'1@\W]HIJ
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MFJ1G]<B@IV3RAL9BC<4;8K$)6-S>-@>[<2E("G8T^86)*0Q,MLF\QO&BXRB
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M@0\</):NGMU']2SL.651"-HW3M,\8:'AN5,&VK@VYBOJ8;9%>K6-?M4 >AI
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M2Z])&1+/*6A1*!ZLD:Y)2/><$A2%8M2[:*%3$P3._#\RT2<GP1+*F'I1Z+&
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M>2TR,#(Q,#4Q,2YH=&U02P$"% ,4    " "U/*M2[$IK%8<"  !O"0  $
M            @ %"%@  8G-Y+3(P,C$P-3$Q+GAS9%!+ 0(4 Q0    ( +4\
MJU)?:S9#@ $  ,,"   4              "  ?<8  !B<WDM,C R,3 U,3%?
M8V%L+GAM;%!+ 0(4 Q0    ( +4\JU*_#I],!P(  &@&   4
M  "  :D:  !B<WDM,C R,3 U,3%?9&5F+GAM;%!+ 0(4 Q0    ( +4\JU*Q
M/124G@H  (]A   4              "  >(<  !B<WDM,C R,3 U,3%?;&%B
M+GAM;%!+ 0(4 Q0    ( +4\JU+F1(UHX 8  ( S   4              "
M ;(G  !B<WDM,C R,3 U,3%?<')E+GAM;%!+ 0(4 Q0    ( +4\JU(0U>4U
M\3\  &KI P 5              "  <0N  !E>&AI8FET.3DQ+3(P,C%Q,2YH
8=&U02P4&      < !P#' 0  Z&X

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
