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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Revenue:        
Software licenses $ 28,722 $ 27,988 $ 53,953 $ 50,252
Maintenance and services 60,095 52,839 116,245 105,113
Total revenue 88,817 80,827 170,198 155,365
Costs of revenue:        
Cost of software licenses 1,365 1,139 3,085 3,146
Cost of maintenance and services 10,288 5,709 21,563 11,054
Amortization of acquired intangibles 4,093 530 8,726 1,059
Total costs of revenue 15,746 7,378 33,374 15,259
Gross profit 73,071 73,449 136,824 140,106
Operating expenses:        
Sales and marketing 31,852 24,359 62,602 48,868
Product development 22,290 15,480 45,111 30,593
General and administrative 13,673 11,428 27,988 23,155
Amortization of acquired intangibles 3,171 148 6,373 312
Restructuring expenses 3,810 124 6,153 320
Acquisition-related expenses 1,010 1,630 2,518 2,576
Total operating expenses 75,806 53,169 150,745 105,824
(Loss) income from operations (2,735) 20,280 (13,921) 34,282
Other (expense) income:        
Interest expense (947) (158) (2,086) (308)
Interest income and other, net 454 754 968 1,417
Foreign currency gain (loss), net (532) (725) 1,025 (1,232)
Total other (expense) income, net (1,025) (129) (93) (123)
(Loss) income before income taxes (3,760) 20,151 (14,014) 34,159
(Benefit) provision for income taxes (9,529) 7,352 (18,812) 10,260
Net income $ 5,769 $ 12,799 $ 4,798 $ 23,899
Earnings per share:        
Basic (in dollars per share) $ 0.11 $ 0.25 $ 0.10 $ 0.47
Diluted (in dollars per share) $ 0.11 $ 0.25 $ 0.09 $ 0.46
Weighted average shares outstanding:        
Basic (in shares) 50,342 51,049 50,505 51,271
Diluted (in shares) 51,085 51,673 51,224 51,919