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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
License $ 57,653 $ 56,236 $ 154,732 $ 151,306
Maintenance 63,764 60,457 188,572 176,921
Services 28,194 30,240 75,773 81,133
Hosting 100,033 67,006 306,848 172,406
Total revenues 249,644 213,939 725,925 581,766
Operating expenses        
Cost of license 5,433 [1] 5,888 [1] 18,066 [1] 17,975 [1]
Cost of maintenance, services and hosting 105,319 [1] 80,948 [1] 325,801 [1] 225,392 [1]
Research and development 36,321 33,642 112,653 109,182
Selling and marketing 27,078 24,098 82,994 76,710
General and administrative 25,329 24,559 75,127 75,743
Depreciation and amortization 18,295 15,249 52,383 39,696
Total operating expenses 217,775 184,384 667,024 544,698
Operating income 31,869 29,555 58,901 37,068
Other income (expense)        
Interest expense (10,416) (7,453) (28,920) (17,403)
Interest income 98 159 432 501
Other, net 3,614 (3,152) (1,344) (1,506)
Total other income (expense) (6,704) (10,446) (29,832) (18,408)
Income before income taxes 25,165 19,109 29,069 18,660
Income tax expense 9,433 5,347 7,875 5,183
Net income $ 15,732 $ 13,762 $ 21,194 $ 13,477
Income per common share        
Basic $ 0.14 $ 0.12 $ 0.18 $ 0.11
Diluted $ 0.14 $ 0.12 $ 0.18 $ 0.11
Weighted average common shares outstanding        
Basic 114,484 117,376 114,603 118,537
Diluted 116,428 119,422 116,682 120,598
[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.