Financial Statement Detail

9 Months Ended

Sep. 30, 2013

Financial Statement Detail

Financial Statement Detail

Note 6—Financial Statement Detail

Recurring and non-recurring revenues

The following is a summary of recurring and non-recurring revenues (in thousands):

	Three Months Ended September 30				Nine Months Ended September 30
	2013		2012		2013		2012
Term license revenues	$	47,087	$	39,352	$	133,369	$	117,733
Perpetual maintenance revenues	16,632		17,071		49,401		50,380
Assets under administration revenues	1,471		1,653		6,376		5,189
Other recurring revenues	22,926		23,014		71,716		67,450
Total recurring revenues	$	88,116	$	81,090	$	260,862	$	240,752

	Three Months Ended September 30				Nine Months Ended September 30
	2013		2012		2013		2012
Professional servies and other revenues	$	8,281	$	8,488	$	22,675	$	23,835
Perpetual license fees	370		596		1,843		2,215
Total non-recurring revenues	$	8,651	$	9,084	$	24,518	$	26,050

Prepaid expenses and other

The following is a summary of prepaid expenses and other (in thousands):

	September 30		December 31
	2013		2012
Prepaid contract expense	$	10,318	$	9,798
Deferred commissions	6,411		7,370
Prepaid income tax	5,854		—
Debt issuance costs	1,417		—
Other	6,917		8,700
Total prepaid expenses and other	$	30,917	$	25,868

Other assets

The following is a summary of other assets (in thousands):

	September 30		December 31
	2013		2012
Prepaid contract expense, long-term	$	4,409	$	3,598
Debt issuance costs	5,254		1,146
Long-term deferred commissions	3,452		3,909
Deposits	2,610		2,555
Other	299		1,786
Total other assets	$	16,024	$	12,994

Deposits include a restricted cash balance of $1.3 million at September 30, 2013 and December 31, 2012 primarily related to the Company’s San Francisco headquarters and facilities in New York. Refer to Note 12, “Commitments and Contingencies” for additional information.

Accrued liabilities

The following is a summary of accrued liabilities (in thousands):

	September 30		December 31
	2013		2012
Salaries and benefits payable	$	20,569	$	23,365
Deferred rent, current portion	1,868		1,353
Accrued restructuring, current portion	245		3,142
Other	13,031		9,236
Total accrued liabilities	$	35,713	$	37,096

Accrued restructuring charges are discussed further in Note 9, “Restructuring Charges”. At September 30, 2013 and December 31, 2012, “Other” accrued liabilities included accruals for sales and business taxes and other miscellaneous items.

Other long-term liabilities

The following is a summary of other long-term liabilities (in thousands):

	September 30		December 31
	2013		2012
Deferred rent	$	9,397	$	10,502
Long-term deferred tax liability	1,656		2,141
Other	503		496
Total other long-term liabilities	$	11,556	$	13,139