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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Jun. 28, 2014
Jun. 29, 2013
Revenue:        
License $ 92,707 $ 79,902 $ 257,118 $ 238,777
Service 70,187 72,540 222,942 222,384
Support 173,740 162,554 510,199 487,535
Total revenue 336,634 314,996 990,259 948,696
Cost of revenue:        
Cost of license revenue 7,831 8,431 23,348 24,734
Cost of service revenue 61,910 62,941 191,666 196,083
Cost of support revenue 21,335 19,796 62,815 60,693
Total cost of revenue 91,076 91,168 277,829 281,510
Gross margin 245,558 223,828 712,430 667,186
Operating expenses:        
Sales and marketing 91,440 88,298 261,612 269,906
Research and development 57,405 53,834 166,109 166,791
General and administrative 33,817 28,812 98,888 98,027
Amortization of acquired intangible assets 7,998 6,532 23,772 19,795
Restructuring charges 514 3,137 1,581 34,349
Total operating expenses 191,174 180,613 551,962 588,868
Operating income 54,384 [1] 43,215 [1] 160,468 [1] 78,318 [1]
Interest and other income (expense), net (2,278) 3,181 (6,724) (491)
Income before income taxes 52,106 46,396 153,744 77,827
Provision (benefit) for income taxes 14,080 11,941 32,305 (9,476)
Net income $ 38,026 $ 34,455 $ 121,439 $ 87,303
Earnings per share—Basic (in USD per share) $ 0.32 $ 0.29 $ 1.02 $ 0.73
Earnings per share—Diluted (in USD per share) $ 0.32 $ 0.29 $ 1.01 $ 0.72
Weighted average shares outstanding—Basic (in shares) 118,328 119,440 118,753 119,628
Weighted average shares outstanding—Diluted (in shares) 119,901 120,828 120,573 121,234
[1] We recorded restructuring charges of $1.6 million in the first nine months of 2014. Software Products included $0.1 million; Services included $0.2 million; sales and marketing expenses included $0.5 million; and general and administrative expenses included $0.8 million of these restructuring charges. We recorded restructuring charges of $3.1 million and $34.3 million in the third quarter and first nine months of 2013, respectively. Software Products included $1.0 million and $12.6 million, respectively; Services included $0.3 million and $6.6 million, respectively; sales and marketing expenses included $1.1 million and $12.8 million, respectively; and general and administrative expenses included $0.7 million and $2.3 million, respectively, of these restructuring charges.