XML 47 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Net revenues:    
Recurring revenues $ 96,174advs_Recurring $ 89,129advs_Recurring
Non-recurring revenues 7,090advs_NonRecurring 7,675advs_NonRecurring
Total net revenues 103,264us-gaap_Revenues 96,804us-gaap_Revenues
Cost of revenues:    
Recurring revenues 21,501advs_CostOfRecurring 18,627advs_CostOfRecurring
Non-recurring revenues 7,431advs_CostOfNonRecurring 8,055advs_CostOfNonRecurring
Amortization of developed technology 1,570us-gaap_CostOfGoodsSoldAmortization 1,800us-gaap_CostOfGoodsSoldAmortization
Total cost of revenues 30,502us-gaap_CostOfRevenue 28,482us-gaap_CostOfRevenue
Gross margin 72,762us-gaap_GrossProfit 68,322us-gaap_GrossProfit
Operating expenses:    
Sales and marketing 19,664us-gaap_SellingAndMarketingExpense 19,729us-gaap_SellingAndMarketingExpense
Product development 19,557us-gaap_ResearchAndDevelopmentExpense 17,639us-gaap_ResearchAndDevelopmentExpense
General and administrative 11,457us-gaap_GeneralAndAdministrativeExpense 10,558us-gaap_GeneralAndAdministrativeExpense
Amortization of other intangibles 798us-gaap_AmortizationOfIntangibleAssets 909us-gaap_AmortizationOfIntangibleAssets
Transaction-related fees 8,444us-gaap_ProfessionalFees  
Restructuring charges 2,643us-gaap_RestructuringCharges 174us-gaap_RestructuringCharges
Total operating expenses 62,563us-gaap_OperatingExpenses 49,009us-gaap_OperatingExpenses
Income from continuing operations 10,199us-gaap_OperatingIncomeLoss 19,313us-gaap_OperatingIncomeLoss
Interest and other income (expense), net (897)us-gaap_NonoperatingIncomeExpense (2,225)us-gaap_NonoperatingIncomeExpense
Income from continuing operations before income taxes 9,302us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 17,088us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 4,226us-gaap_IncomeTaxExpenseBenefit 6,181us-gaap_IncomeTaxExpenseBenefit
Net income from continuing operations 5,076us-gaap_IncomeLossFromContinuingOperations 10,907us-gaap_IncomeLossFromContinuingOperations
Discontinued operation:    
Net loss from discontinued operation (net of applicable taxes of $(5) and $(14), respectively) (28)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity (21)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income $ 5,048us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 10,886us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic net income (loss) per share:    
Continuing operations (in dollars per share) $ 0.10us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.21us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operation (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Total operations (in dollars per share) $ 0.10us-gaap_EarningsPerShareBasic $ 0.21us-gaap_EarningsPerShareBasic
Diluted net income (loss) per share:    
Continuing operations (in dollars per share) $ 0.09us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.20us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operation (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Total operations (in dollars per share) $ 0.09us-gaap_EarningsPerShareDiluted $ 0.20us-gaap_EarningsPerShareDiluted
Weighted average shares used to compute net income (loss) per share:    
Basic (in shares) 52,411us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 51,358us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 55,106us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 53,807us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding