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Condensed Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Subscription $ 103,158 $ 69,090
Product and license 160,697 170,899
Support and services 433,337 422,688
Total net revenues 697,192 662,677 [1]
Cost of net revenues:    
Cost of subscription, support and services 63,385 59,659
Cost of product and license revenues 33,872 29,711
Amortization of product related intangible assets 11,029 13,088
Total cost of net revenues 108,286 102,458
Gross margin 588,906 560,219
Operating expenses:    
Research and development 98,550 102,669
Sales, marketing and services 251,213 246,765
General and administrative 63,727 76,509
Amortization of other intangible assets 3,666 3,646
Restructuring 6,187 7,986
Total operating expenses 423,343 437,575
Income from operations 165,563 122,644
Interest income 8,731 5,612
Interest expense (20,336) (11,553)
Other (expense) income, net (3,012) 3,326
Income from continuing operations before income taxes 150,946 120,029
Income tax expense 6,687 49,704
Income from continuing operations 144,259 70,325
(Loss) from discontinued operations, net of income taxes 0 (42,704)
Net income $ 144,259 $ 27,621
Basic earnings (loss) per share:    
Income from continuing operations, basic (in dollars per share) $ 1.04 $ 0.46
(Loss) from discontinued operations, basic (in dollars per share) 0.00 (0.28)
Basic earnings per share (in dollars per share) 1.04 0.18
Diluted earnings (loss) per share:    
Income from continuing operations, diluted (in dollars per share) 0.99 0.44
(Loss) from discontinued operations, diluted (in dollars per share) 0.00 (0.27)
Diluted earnings per share (in dollars per share) $ 0.99 $ 0.17
Weighted average shares outstanding:    
Basic (in shares) 139,248 153,247
Diluted (in shares) 146,388 158,369
[1] As noted above, prior period amounts have not been adjusted under the modified retrospective method. See Note 2 for further information regarding the Company’s adoption of the revenue recognition standard.