XML 79 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net revenues:        
Recurring revenues $ 88,263 $ 80,942 $ 172,746 $ 159,662
Non-recurring revenues 7,860 8,782 15,867 16,966
Total net revenues 96,123 89,724 188,613 176,628
Cost of revenues:        
Recurring revenues 17,979 17,820 34,391 34,746
Non-recurring revenues 10,019 10,936 19,587 20,604
Amortization of developed technology 2,398 2,573 4,897 5,114
Total cost of revenues 30,396 31,329 58,875 60,464
Gross margin 65,727 58,395 129,738 116,164
Operating expenses:        
Sales and marketing 23,217 19,711 40,421 38,157
Product development 17,923 16,501 34,885 33,300
General and administrative 22,641 9,198 33,001 18,867
Amortization of other intangibles 953 956 1,910 1,912
Recapitalization costs 6,041   6,041  
Restructuring charges 801 (34) 3,116 70
Total operating expenses 71,576 46,332 119,374 92,306
(Loss) income from continuing operations (5,849) 12,063 10,364 23,858
Interest and other income (expense), net (1,330) (803) (1,633) (975)
(Loss) income from continuing operations before income taxes (7,179) 11,260 8,731 22,883
(Benefit) provision for income taxes (3,024) 4,063 829 8,369
Net (loss) income from continuing operations (4,155) 7,197 7,902 14,514
Discontinued operation:        
Net income from discontinued operation (net of applicable taxes of $76, $162, $61 and $147, respectively) 110 245 88 222
Net (loss) income $ (4,045) $ 7,442 $ 7,990 $ 14,736
Basic net (loss) income per share:        
Continuing operations (in dollars per share) $ (0.08) $ 0.14 $ 0.15 $ 0.29
Discontinued operation (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
Total operations (in dollars per share) $ (0.08) $ 0.15 $ 0.16 $ 0.29
Diluted net (loss) income per share:        
Continuing operations (in dollars per share) $ (0.08) $ 0.14 $ 0.15 $ 0.27
Discontinued operation (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
Total operations (in dollars per share) $ (0.08) $ 0.14 $ 0.15 $ 0.28
Weighted average shares used to compute net (loss) income per share:        
Basic (in shares) 51,639 50,754 51,101 50,887
Diluted (in shares) 51,639 52,977 52,243 53,117