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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Total revenues $ 122,152 $ 126,010 $ 365,721 $ 367,462
Cost of revenues:        
Total cost of revenues 23,389 24,389 73,614 71,896
Gross profit 98,763 101,621 292,107 295,566
Operating expenses:        
Sales and marketing 45,429 42,005 147,742 123,213
Research and development 25,829 19,360 74,471 57,347
General and administrative 20,285 19,082 63,756 58,921
Total operating expenses 91,543 80,447 285,969 239,481
Income from operations 7,220 21,174 6,138 56,085
Interest income, net 3,441 1,449 8,698 3,449
Other income (expense), net 798 (1,903) 3,665 (6,377)
Income before income taxes 11,459 20,720 18,501 53,157
(Benefit from) provision for income taxes (1,240) 2,536 (699) 9,463
Net income $ 12,699 $ 18,184 $ 19,200 $ 43,694
Basic earnings per share [1] $ 1.11 $ 1.59 $ 1.68 $ 3.82
Weighted average shares outstanding used in computing basic earnings per share 11,467 11,447 11,458 11,443
Diluted earnings per share [1] $ 1.10 $ 1.58 $ 1.67 $ 3.78
Weighted average shares outstanding used in computing diluted earnings per share 11,538 11,499 11,502 11,567
Product licenses        
Revenues:        
Total revenues $ 20,264 $ 22,356 $ 56,857 $ 62,730
Cost of revenues:        
Total cost of revenues 377 1,763 4,255 5,182
Subscription services        
Revenues:        
Total revenues 7,240 7,725 22,486 23,843
Cost of revenues:        
Total cost of revenues 3,259 3,592 9,953 10,031
Total product licenses and subscription services        
Revenues:        
Total revenues 27,504 30,081 79,343 86,573
Cost of revenues:        
Total cost of revenues 3,636 5,355 14,208 15,213
Product support        
Revenues:        
Total revenues 74,463 72,881 222,554 214,159
Cost of revenues:        
Total cost of revenues 5,079 4,218 14,685 13,094
Other services        
Revenues:        
Total revenues 20,185 23,048 63,824 66,730
Cost of revenues:        
Total cost of revenues $ 14,674 $ 14,816 $ 44,721 $ 43,589
[1] Basic and fully diluted earnings per share for class A and class B common stock are the same.