XML 77 R23.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Quarterly Financial Data | 12 Months Ended
--- | ---
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Data | 15. Quarterly Financial Data (unaudited)
|  | Quarter Ended |  |  | Year Ended |
|  | March 31, |  |  | June 30, |  |  | September 30, |  |  | December 31, |  |  | December 31, |
(in thousands, except per share amounts) |  | 2013 |  |  | 2013 |  |  | 2013 |  |  | 2013 |  |  | 2013 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
License |  | $ | 41,356 |  |  | $ | 53,714 |  |  | $ | 56,236 |  |  | $ | 82,625 |  |  | $ | 233,931 |
Maintenance |  |  | 58,634 |  |  |  | 57,830 |  |  |  | 60,457 |  |  |  | 69,033 |  |  |  | 245,954 |
Services |  |  | 23,929 |  |  |  | 26,964 |  |  |  | 30,240 |  |  |  | 40,952 |  |  |  | 122,085 |
Hosting |  |  | 38,078 |  |  |  | 67,322 |  |  |  | 67,006 |  |  |  | 90,552 |  |  |  | 262,958 |
Total revenues |  |  | 161,997 |  |  |  | 205,830 |  |  |  | 213,939 |  |  |  | 283,162 |  |  |  | 864,928 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of license (1) |  |  | 5,918 |  |  |  | 6,169 |  |  |  | 5,888 |  |  |  | 7,349 |  |  |  | 25,324 |
Cost of maintenance, services and hosting (1) |  |  | 61,871 |  |  |  | 82,573 |  |  |  | 80,948 |  |  |  | 93,123 |  |  |  | 318,515 |
Research and development |  |  | 37,149 |  |  |  | 38,391 |  |  |  | 33,642 |  |  |  | 33,375 |  |  |  | 142,557 |
Selling and marketing |  |  | 25,074 |  |  |  | 27,538 |  |  |  | 24,098 |  |  |  | 23,118 |  |  |  | 99,828 |
General and administrative |  |  | 25,037 |  |  |  | 26,147 |  |  |  | 24,559 |  |  |  | 23,557 |  |  |  | 99,300 |
Depreciation and amortization |  |  | 10,957 |  |  |  | 13,490 |  |  |  | 15,249 |  |  |  | 16,660 |  |  |  | 56,356 |
Total operating expenses |  |  | 166,006 |  |  |  | 194,308 |  |  |  | 184,384 |  |  |  | 197,182 |  |  |  | 741,880 |
Operating income (loss) |  |  | (4,009 | ) |  |  | 11,522 |  |  |  | 29,555 |  |  |  | 85,980 |  |  |  | 123,048 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | (3,897 | ) |  |  | (6,053 | ) |  |  | (7,453 | ) |  |  | (9,818 | ) |  |  | (27,221 | )
Interest income |  |  | 131 |  |  |  | 211 |  |  |  | 159 |  |  |  | 158 |  |  |  | 659 |
Other, net |  |  | 3,165 |  |  |  | (1,519 | ) |  |  | (3,152 | ) |  |  | (1,821 | ) |  |  | (3,327 | )
Total other income (expense) |  |  | (601 | ) |  |  | (7,361 | ) |  |  | (10,446 | ) |  |  | (11,481 | ) |  |  | (29,889 | )
Income (loss) before income taxes |  |  | (4,610 | ) |  |  | 4,161 |  |  |  | 19,109 |  |  |  | 74,499 |  |  |  | 93,159 |
Income tax expense (benefit) |  |  | (2,444 | ) |  |  | 2,280 |  |  |  | 5,347 |  |  |  | 24,108 |  |  |  | 29,291 |
Net income (loss) |  | $ | (2,166 | ) |  | $ | 1,881 |  |  | $ | 13,762 |  |  | $ | 50,391 |  |  | $ | 63,868 |
Earnings (loss) per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (2) |  | $ | (0.05 | ) |  | $ | 0.05 |  |  | $ | 0.35 |  |  | $ | 1.30 |  |  | $ | 1.63 |
Diluted (2) |  | $ | (0.05 | ) |  | $ | 0.05 |  |  | $ | 0.35 |  |  | $ | 1.28 |  |  | $ | 1.60 |
(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, 2013 due to rounding.
|  | Quarter Ended |  |  | Year Ended |
|  | March 31, |  |  | June 30, |  |  | September 30, |  |  | December 31, |  |  | December 31, |
(in thousands, except per share amounts) |  | 2012 |  |  | 2012 |  |  | 2012 |  |  | 2012 |  |  | 2012 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
License |  | $ | 50,910 |  |  | $ | 36,645 |  |  | $ | 39,560 |  |  | $ | 94,731 |  |  | $ | 221,846 |
Maintenance |  |  | 43,735 |  |  |  | 49,359 |  |  |  | 47,920 |  |  |  | 58,862 |  |  |  | 199,876 |
Services |  |  | 22,852 |  |  |  | 33,888 |  |  |  | 35,811 |  |  |  | 38,985 |  |  |  | 131,536 |
Hosting |  |  | 20,128 |  |  |  | 29,905 |  |  |  | 31,771 |  |  |  | 31,517 |  |  |  | 113,321 |
Total revenues |  |  | 137,625 |  |  |  | 149,797 |  |  |  | 155,062 |  |  |  | 224,095 |  |  |  | 666,579 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of license (1) |  |  | 4,932 |  |  |  | 5,818 |  |  |  | 5,874 |  |  |  | 6,968 |  |  |  | 23,592 |
Cost of maintenance, services and hosting (1) |  |  | 40,891 |  |  |  | 55,715 |  |  |  | 51,944 |  |  |  | 53,502 |  |  |  | 202,052 |
Research and development |  |  | 30,933 |  |  |  | 35,027 |  |  |  | 34,213 |  |  |  | 33,586 |  |  |  | 133,759 |
Selling and marketing |  |  | 20,698 |  |  |  | 23,178 |  |  |  | 20,448 |  |  |  | 22,730 |  |  |  | 87,054 |
General and administrative |  |  | 34,362 |  |  |  | 28,236 |  |  |  | 24,533 |  |  |  | 21,616 |  |  |  | 108,747 |
Depreciation and amortization |  |  | 7,422 |  |  |  | 9,681 |  |  |  | 9,742 |  |  |  | 10,158 |  |  |  | 37,003 |
Total operating expenses |  |  | 139,238 |  |  |  | 157,655 |  |  |  | 146,754 |  |  |  | 148,560 |  |  |  | 592,207 |
Operating income (loss) |  |  | (1,613 | ) |  |  | (7,858 | ) |  |  | 8,308 |  |  |  | 75,535 |  |  |  | 74,372 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | (1,891 | ) |  |  | (2,875 | ) |  |  | (2,620 | ) |  |  | (3,031 | ) |  |  | (10,417 | )
Interest income |  |  | 249 |  |  |  | 234 |  |  |  | 222 |  |  |  | 209 |  |  |  | 914 |
Other, net |  |  | 878 |  |  |  | (347 | ) |  |  | (1,430 | ) |  |  | 1,298 |  |  |  | 399 |
Total other income (expense) |  |  | (764 | ) |  |  | (2,988 | ) |  |  | (3,828 | ) |  |  | (1,524 | ) |  |  | (9,104 | )
Income (loss) before income taxes |  |  | (2,377 | ) |  |  | (10,846 | ) |  |  | 4,480 |  |  |  | 74,011 |  |  |  | 65,268 |
Income tax expense (benefit) |  |  | (555 | ) |  |  | (6,195 | ) |  |  | (1,175 | ) |  |  | 24,347 |  |  |  | 16,422 |
Net income (loss) |  | $ | (1,822 | ) |  | $ | (4,651 | ) |  | $ | 5,655 |  |  | $ | 49,664 |  |  | $ | 48,846 |
Earnings (loss) per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (2) |  | $ | (0.05 | ) |  | $ | (0.12 | ) |  | $ | 0.14 |  |  | $ | 1.26 |  |  | $ | 1.26 |
Diluted (2) |  | $ | (0.05 | ) |  | $ | (0.12 | ) |  | $ | 0.14 |  |  | $ | 1.24 |  |  | $ | 1.22 |
(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.

X
- Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: 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=25249566&loc=d3e1280-108306 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration