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Quarterly Financial Data (Tables) | 12 Months Ended
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Dec. 31, 2012
Quarterly Financial Data |
|  | Quarter Ended |
|  | December 31, |  |  | September 30, |  |  | June 30, |  |  | March 31, |
(in thousands, except per share amounts) |  | 2012 |  |  | 2012 |  |  | 2012 |  |  | 2012 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Software license fees |  | $ | 94,731 |  |  | $ | 39,560 |  |  | $ | 36,645 |  |  | $ | 50,910 |
Maintenance fees |  |  | 58,862 |  |  |  | 47,920 |  |  |  | 49,359 |  |  |  | 43,735 |
Services |  |  | 38,985 |  |  |  | 35,811 |  |  |  | 33,888 |  |  |  | 22,852 |
Software hosting fees |  |  | 31,517 |  |  |  | 31,771 |  |  |  | 29,905 |  |  |  | 20,128 |
Total revenues |  |  | 224,095 |  |  |  | 155,062 |  |  |  | 149,797 |  |  |  | 137,625 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of software license fees (1) |  |  | 6,968 |  |  |  | 5,874 |  |  |  | 5,818 |  |  |  | 4,932 |
Cost of maintenance, services and hosting fees (1) |  |  | 53,502 |  |  |  | 51,944 |  |  |  | 55,715 |  |  |  | 40,891 |
Research and development |  |  | 33,586 |  |  |  | 34,213 |  |  |  | 35,027 |  |  |  | 30,933 |
Selling and marketing |  |  | 22,730 |  |  |  | 20,448 |  |  |  | 23,178 |  |  |  | 20,698 |
General and administrative |  |  | 21,616 |  |  |  | 24,533 |  |  |  | 28,236 |  |  |  | 34,362 |
Depreciation and amortization |  |  | 10,158 |  |  |  | 9,742 |  |  |  | 9,681 |  |  |  | 7,422 |
Total expenses |  |  | 148,560 |  |  |  | 146,754 |  |  |  | 157,655 |  |  |  | 139,238 |
Operating income (loss) |  |  | 75,535 |  |  |  | 8,308 |  |  |  | (7,858 | ) |  |  | (1,613 | )
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | 209 |  |  |  | 222 |  |  |  | 234 |  |  |  | 249 |
Interest expense |  |  | (3,031 | ) |  |  | (2,620 | ) |  |  | (2,875 | ) |  |  | (1,891 | )
Other, net |  |  | 1,298 |  |  |  | (1,430 | ) |  |  | (347 | ) |  |  | 878 |
Total other income (expense) |  |  | (1,524 | ) |  |  | (3,828 | ) |  |  | (2,988 | ) |  |  | (764 | )
Income (loss) before income taxes |  |  | 74,011 |  |  |  | 4,480 |  |  |  | (10,846 | ) |  |  | (2,377 | )
Income tax expense (benefit) |  |  | 24,347 |  |  |  | (1,175 | ) |  |  | (6,195 | ) |  |  | (555 | )
Net income (loss) |  | $ | 49,664 |  |  | $ | 5,655 |  |  | $ | (4,651 | ) |  | $ | (1,822 | )
Earnings (loss) per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (2) |  | $ | 1.26 |  |  | $ | 0.14 |  |  | $ | (0.12 | ) |  | $ | (0.05 | )
Diluted (2) |  | $ | 1.24 |  |  | $ | 0.14 |  |  | $ | (0.12 | ) |  | $ | (0.05 | )
(1) | The cost of software license fees excludes charges for depreciation but includes amortization of purchased and developed software for resale. The cost of maintenance, services and hosting fees excludes charges for depreciation.
(2) | The sum of the earnings per share by quarter does not agree to the earnings per share for the year ended December 31, 2012 due to rounding.
|  | Quarter Ended |
|  | December 31, |  |  | September 30, |  |  | June 30, |  |  | March 31, |
(in thousands, except per share amounts) |  | 2011 |  |  | 2011 |  |  | 2011 |  |  | 2011 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Software license fees |  | $ | 60,762 |  |  | $ | 39,249 |  |  | $ | 46,085 |  |  | $ | 43,724 |
Maintenance fees |  |  | 39,164 |  |  |  | 36,928 |  |  |  | 37,195 |  |  |  | 35,070 |
Services |  |  | 21,956 |  |  |  | 23,770 |  |  |  | 18,673 |  |  |  | 15,371 |
Software hosting fees |  |  | 13,155 |  |  |  | 12,202 |  |  |  | 11,413 |  |  |  | 10,378 |
Total revenues |  |  | 135,037 |  |  |  | 112,149 |  |  |  | 113,366 |  |  |  | 104,543 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of software license fees (1) |  |  | 4,077 |  |  |  | 3,763 |  |  |  | 4,136 |  |  |  | 3,442 |
Cost of maintenance, services and hosting fees (1) |  |  | 27,445 |  |  |  | 29,996 |  |  |  | 31,818 |  |  |  | 29,607 |
Research and development |  |  | 20,781 |  |  |  | 22,481 |  |  |  | 23,784 |  |  |  | 23,130 |
Selling and marketing |  |  | 20,023 |  |  |  | 19,814 |  |  |  | 21,791 |  |  |  | 19,294 |
General and administrative |  |  | 20,191 |  |  |  | 19,068 |  |  |  | 15,804 |  |  |  | 16,362 |
Depreciation and amortization |  |  | 5,477 |  |  |  | 5,759 |  |  |  | 5,611 |  |  |  | 5,210 |
Total expenses |  |  | 97,994 |  |  |  | 100,881 |  |  |  | 102,944 |  |  |  | 97,045 |
Operating income |  |  | 37,043 |  |  |  | 11,268 |  |  |  | 10,422 |  |  |  | 7,498 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | 676 |  |  |  | 205 |  |  |  | 196 |  |  |  | 238 |
Interest expense |  |  | (1,008 | ) |  |  | (406 | ) |  |  | (374 | ) |  |  | (643 | )
Other, net |  |  | (714 | ) |  |  | (46 | ) |  |  | 260 |  |  |  | (302 | )
Total other income (expense) |  |  | (1,046 | ) |  |  | (247 | ) |  |  | 82 |  |  |  | (707 | )
Income before income taxes |  |  | 35,997 |  |  |  | 11,021 |  |  |  | 10,504 |  |  |  | 6,791 |
Income tax expense |  |  | 12,106 |  |  |  | 482 |  |  |  | 704 |  |  |  | 5,169 |
Net income |  | $ | 23,891 |  |  | $ | 10,539 |  |  | $ | 9,800 |  |  | $ | 1,622 |
Earnings per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (2) |  | $ | 0.71 |  |  | $ | 0.31 |  |  | $ | 0.29 |  |  | $ | 0.05 |
Diluted |  | $ | 0.70 |  |  | $ | 0.31 |  |  | $ | 0.29 |  |  | $ | 0.05 |
(1) | The cost of software license fees excludes charges for depreciation but includes amortization of purchased and developed software for resale. The cost of maintenance, services and hosting fees excludes charges for depreciation.
(2) | The sum of the earnings per share by quarter does not agree to the earnings per share for the year ended December 31, 2011 due to rounding.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=20225539&loc=d3e1280-108306 + Details
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