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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Total revenues $ 315,883 $ 354,901 $ 907,278 $ 858,374
Operating expenses        
Cost of revenue [1] 158,579 174,168 471,762 444,349
Research and development 33,573 36,543 108,175 111,972
Selling and marketing 22,154 30,417 76,692 92,809
General and administrative 37,000 27,286 102,684 108,122
Depreciation and amortization 33,395 31,169 98,928 79,779
Total operating expenses 284,701 299,583 858,241 837,031
Operating income 31,182 55,318 49,037 21,343
Other income (expense)        
Interest expense (12,925) (18,987) (44,238) (45,924)
Interest income 2,927 2,988 8,781 9,018
Other, net 1,356 (2,369) (6,361) (2,879)
Total other income (expense) (8,642) (18,368) (41,818) (39,785)
Income (loss) before income taxes 22,540 36,950 7,219 (18,442)
Income tax expense (benefit) 6,674 5,136 1,705 (30,018)
Net income $ 15,866 $ 31,814 $ 5,514 $ 11,576
Income per common share        
Basic (in dollars per share) $ 0.14 $ 0.27 $ 0.05 $ 0.10
Diluted (in dollars per share) $ 0.13 $ 0.27 $ 0.05 $ 0.10
Weighted average common shares outstanding        
Basic (in shares) 116,558 116,169 116,217 116,337
Diluted (in shares) 117,804 118,307 117,644 118,460
Software as a service and platform as a service        
Revenues        
Total revenues $ 190,369 $ 192,952 $ 563,892 $ 474,008
License        
Revenues        
Total revenues 56,773 92,058 135,038 165,677
Maintenance        
Revenues        
Total revenues 53,049 52,638 159,078 159,671
Services        
Revenues        
Total revenues $ 15,692 $ 17,253 $ 49,270 $ 59,018
[1] The cost of revenue excludes charges for depreciation but includes amortization of purchased and developed software for resale.