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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Oct. 31, 2015
Oct. 31, 2014
Revenues:        
System and software $ 168,699 $ 178,115 $ 486,831 $ 475,824
Service and support 121,817 114,568 356,890 329,243
Total revenues 290,516 292,683 843,721 805,067
Cost of revenues:        
System and software 9,759 11,821 36,432 54,977
Service and support 35,286 33,670 100,275 93,684
Amortization of purchased technology 1,844 2,050 5,496 5,252
Total cost of revenues 46,889 47,541 142,203 153,913
Gross profit 243,627 245,142 701,518 651,154
Operating expenses:        
Research and development 99,669 96,269 278,237 268,262
Marketing and selling 93,165 89,875 262,857 256,814
General and administration 19,665 19,851 56,298 57,006
Equity in earnings of Frontline (1,755) (1,184) (3,976) (4,625)
Amortization of intangible assets 2,364 2,233 6,817 6,009
Special charges 4,831 8,375 43,994 19,409
Total operating expenses 217,939 215,419 644,227 602,875
Operating income: 25,688 29,723 57,291 48,279
Other income (expense), net 320 (381) 849 (743)
Interest expense (4,915) (4,934) (14,381) (14,326)
Income before income tax 21,093 24,408 43,759 33,210
Income tax expense 7,204 3,849 9,763 1,907
Net income 13,889 20,559 33,996 31,303
Less: Loss attributable to noncontrolling interest (790) (471) (2,010) (1,348)
Net income attributable to Mentor Graphics shareholders $ 14,679 $ 21,030 $ 36,006 $ 32,651
Net income per share:        
Basic $ 0.13 $ 0.18 $ 0.31 $ 0.30
Diluted $ 0.12 $ 0.18 $ 0.30 $ 0.29
Weighted average number of shares outstanding:        
Basic 117,759 114,405 116,787 114,399
Diluted 120,141 116,715 121,963 116,928
Cash dividends declared per common share $ 0.055 $ 0.050 $ 0.165 $ 0.150