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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue:        
Software licenses $ 9,123 $ 4,832 $ 17,959 $ 10,571
Support and maintenance 16,978 15,145 33,108 30,788
Professional services 23,059 17,870 41,826 35,300
Hosting 14,165 13,927 28,272 26,274
Total revenue 63,325 51,774 121,165 102,933
Operating expenses:        
Cost of software licenses 525 [1] 569 [1] 1,124 [1] 951 [1]
Cost of professional services, support and maintenance 24,943 [1] 20,661 [1] 48,056 [1] 40,075 [1]
Cost of hosting 7,031 [1] 6,893 [1] 14,376 [1] 13,561 [1]
Selling and marketing 7,208 6,871 14,489 13,555
Product development 8,537 8,753 17,320 17,473
General and administrative 9,546 5,928 16,312 12,975
Depreciation and amortization 2,575 2,635 5,108 5,021
Total operating expenses 60,365 52,310 116,785 103,611
Operating income (loss) 2,960 (536) 4,380 (678)
Interest income 66 55 113 111
Interest expense (54) (118) (206) (238)
Other non-operating expenses (746) (315) (928) (472)
Interest and other expense, net (734) (378) (1,021) (599)
Income (loss) before income tax expense 2,226 (914) 3,359 (1,277)
Income tax expense (719) (860) (1,170) (1,553)
Net income (loss) $ 1,507 $ (1,774) $ 2,189 $ (2,830)
Net income (loss) per share:        
Basic $ 0.03 $ (0.03) $ 0.04 $ (0.05)
Diluted $ 0.03 $ (0.03) $ 0.04 $ (0.05)
Weighted average common shares outstanding - basic 53,565,639 51,843,559 53,474,733 51,791,139
Weighted average common shares outstanding - diluted 54,430,596 51,843,559 54,277,418 51,791,139
[1] Excludes charges for depreciation. Cost of software licenses includes amortization of acquired technology.