XML 69 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenue:      
License and implementation $ 58,515us-gaap_LicensesRevenue $ 41,116us-gaap_LicensesRevenue $ 32,968us-gaap_LicensesRevenue
Sales Revenue, Services, Net 49,225us-gaap_SalesRevenueServicesNet 48,412us-gaap_SalesRevenueServicesNet 35,635us-gaap_SalesRevenueServicesNet
Maintenance and support 54,621us-gaap_MaintenanceRevenue 46,088us-gaap_MaintenanceRevenue 40,135us-gaap_MaintenanceRevenue
Subscription and Circulation Revenue 23,468us-gaap_SubscriptionRevenue 9,221us-gaap_SubscriptionRevenue 9,053us-gaap_SubscriptionRevenue
Total license, service and maintenance revenue 131,208pro_Totallicenseserviceandmaintenancerevenue 98,749pro_Totallicenseserviceandmaintenancerevenue 77,656pro_Totallicenseserviceandmaintenancerevenue
Total revenue 185,829us-gaap_Revenues 144,837us-gaap_Revenues 117,791us-gaap_Revenues
Cost of revenue:      
License and implementation 243us-gaap_LicenseCosts 282us-gaap_LicenseCosts 244us-gaap_LicenseCosts
Cost of Services 39,955us-gaap_CostOfServices 32,492us-gaap_CostOfServices 24,329us-gaap_CostOfServices
Cost of Goods Sold, Subscription 7,334us-gaap_CostOfGoodsSoldSubscription 2,122us-gaap_CostOfGoodsSoldSubscription 1,257us-gaap_CostOfGoodsSoldSubscription
Cost of license, service and subscription 47,532pro_Costoflicenseserviceandsubscription 34,896pro_Costoflicenseserviceandsubscription 25,830pro_Costoflicenseserviceandsubscription
Maintenance and support 10,554us-gaap_MaintenanceCosts 8,239us-gaap_MaintenanceCosts 7,955us-gaap_MaintenanceCosts
Cost of Revenue 58,086us-gaap_CostOfRevenue 43,135us-gaap_CostOfRevenue 33,785us-gaap_CostOfRevenue
Gross profit 127,743us-gaap_GrossProfit 101,702us-gaap_GrossProfit 84,006us-gaap_GrossProfit
Selling and Marketing Expense 62,156us-gaap_SellingAndMarketingExpense 39,478us-gaap_SellingAndMarketingExpense 29,987us-gaap_SellingAndMarketingExpense
General and Administrative Expense 37,761us-gaap_GeneralAndAdministrativeExpense 24,046us-gaap_GeneralAndAdministrativeExpense 18,228us-gaap_GeneralAndAdministrativeExpense
Operating Expenses      
Research and development 43,174us-gaap_ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost 32,467us-gaap_ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost 27,611us-gaap_ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
Business Combination, Acquisition Related Costs 3,019us-gaap_BusinessCombinationAcquisitionRelatedCosts 2,173us-gaap_BusinessCombinationAcquisitionRelatedCosts 0us-gaap_BusinessCombinationAcquisitionRelatedCosts
Tangible Asset Impairment Charges 4,040us-gaap_TangibleAssetImpairmentCharges 0us-gaap_TangibleAssetImpairmentCharges 0us-gaap_TangibleAssetImpairmentCharges
Income from operations (22,407)us-gaap_OperatingIncomeLoss 3,538us-gaap_OperatingIncomeLoss 8,180us-gaap_OperatingIncomeLoss
Other income:      
Other Nonoperating Income (Expense) (2,651)us-gaap_OtherNonoperatingIncomeExpense (265)us-gaap_OtherNonoperatingIncomeExpense (163)us-gaap_OtherNonoperatingIncomeExpense
Income before income tax provision (25,058)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 3,273us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 8,017us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax provision 12,493us-gaap_IncomeTaxExpenseBenefit (173)us-gaap_IncomeTaxExpenseBenefit 3,051us-gaap_IncomeTaxExpenseBenefit
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (37,551)us-gaap_ProfitLoss 3,446us-gaap_ProfitLoss 4,966us-gaap_ProfitLoss
Net Income (Loss) Attributable to Noncontrolling Interest (907)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net Income (Loss) Attributable to Parent (36,644)us-gaap_NetIncomeLoss 3,446us-gaap_NetIncomeLoss 4,966us-gaap_NetIncomeLoss
Net earnings per share:      
Basic $ (1.27)us-gaap_EarningsPerShareBasic $ 0.12us-gaap_EarningsPerShareBasic $ 0.18us-gaap_EarningsPerShareBasic
Diluted $ (1.27)us-gaap_EarningsPerShareDiluted $ 0.11us-gaap_EarningsPerShareDiluted $ 0.17us-gaap_EarningsPerShareDiluted
Weighted average number of shares:      
Basic 28,915,496us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 28,004,019us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 27,365,731us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 28,915,496us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 30,114,373us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 28,419,956us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax (2,249)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax 0us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax 0us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
Other Comprehensive Income (Loss), Net of Tax (2,249)us-gaap_OtherComprehensiveIncomeLossNetOfTax 0us-gaap_OtherComprehensiveIncomeLossNetOfTax 0us-gaap_OtherComprehensiveIncomeLossNetOfTax
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest (39,800)us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 3,446us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 4,966us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest (922)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest 0us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest 0us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
Comprehensive income $ (38,878)us-gaap_ComprehensiveIncomeNetOfTax $ 3,446us-gaap_ComprehensiveIncomeNetOfTax $ 4,966us-gaap_ComprehensiveIncomeNetOfTax