XML 55 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2015
Aug. 31, 2014
Aug. 31, 2015
Aug. 31, 2014
Revenue:        
Software licenses $ 31,840 $ 26,393 $ 85,794 $ 76,645
Maintenance and services 62,797 52,881 179,042 157,994
Total revenue 94,637 79,274 264,836 234,639
Costs of revenue:        
Cost of software licenses 1,441 1,805 4,526 4,951
Cost of maintenance and services 9,612 5,222 31,174 16,276
Amortization of acquired intangibles 4,079 834 12,805 1,893
Total costs of revenue 15,132 7,861 48,505 23,120
Gross profit 79,505 71,413 216,331 211,519
Operating expenses:        
Sales and marketing 30,004 22,477 92,607 71,425
Product development 20,422 14,975 65,533 45,568
General and administrative 14,076 12,162 42,065 35,236
Amortization of acquired intangibles 3,186 116 9,559 428
Restructuring expenses 2,561 1,680 8,715 2,001
Acquisition-related expenses 662 572 3,180 3,148
Total operating expenses 70,911 51,982 221,659 157,806
Income (loss) from operations 8,594 19,431 (5,328) 53,713
Other (expense) income:        
Interest expense (987) (122) (2,808) (430)
Interest income and other, net 450 (1,800) 1,153 (383)
Foreign currency (loss) gain, net (628) (535) 397 (1,768)
Total other expense, net (1,165) (2,457) (1,258) (2,581)
Income (loss) before income taxes 7,429 16,974 (6,586) 51,132
Provision (benefit) for income taxes 11,555 5,879 (7,256) 16,138
Net (loss) income $ (4,126) $ 11,095 $ 670 $ 34,994
Earnings per share:        
Basic (in dollars per share) $ (0.08) $ 0.22 $ 0.01 $ 0.69
Diluted (in dollars per share) $ (0.08) $ 0.22 $ 0.01 $ 0.68
Weighted average shares outstanding:        
Basic (in shares) 50,120 50,383 50,377 50,975
Diluted (in shares) 50,120 50,931 51,117 51,590