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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May 31, 2017
May 31, 2016
May 31, 2017
May 31, 2016
Revenue:        
Software licenses $ 25,592 $ 28,787 $ 49,914 $ 52,742
Maintenance and services 67,621 67,331 134,269 132,857
Total revenue 93,213 96,118 184,183 185,599
Costs of revenue:        
Cost of software licenses 1,422 1,233 3,010 2,715
Cost of maintenance and services 11,262 11,063 21,754 21,392
Amortization of acquired intangibles 4,683 3,939 8,361 7,878
Total costs of revenue 17,367 16,235 33,125 31,985
Gross profit 75,846 79,883 151,058 153,614
Operating expenses:        
Sales and marketing 21,236 29,138 46,957 58,796
Product development 18,791 22,297 36,125 44,094
General and administrative 11,606 12,264 22,174 24,644
Amortization of acquired intangibles 3,223 3,185 6,402 6,370
Restructuring expenses 662 331 17,801 265
Acquisition-related expenses 44 324 93 396
Total operating expenses 55,562 67,539 129,552 134,565
Income from operations 20,284 12,344 21,506 19,049
Other (expense) income:        
Interest expense (1,152) (1,013) (2,234) (2,070)
Interest income and other, net 257 264 478 426
Foreign currency (loss) gain, net (657) (612) (1,143) (1,542)
Total other (expense) income, net (1,552) (1,361) (2,899) (3,186)
Income before income taxes 18,732 10,983 18,607 15,863
Provision for income taxes 8,391 3,708 8,791 5,372
Net income $ 10,341 $ 7,275 $ 9,816 $ 10,491
Earnings per share:        
Basic (in dollars per share) $ 0.21 $ 0.15 $ 0.20 $ 0.21
Diluted (in dollars per share) $ 0.21 $ 0.14 $ 0.20 $ 0.21
Weighted average shares outstanding:        
Basic (in shares) 48,221 49,873 48,477 50,341
Diluted (in shares) 48,490 50,354 48,762 50,897
Cash dividends declared per common share (in dollars per share) $ 0.125 $ 0 $ 0.250 $ 0