| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Revenues: | |||||||||
Recurring | |||||||||
997,066 | 802,300 | 654,199 | 516,400 | 419,771 | 334,434 | 266,430 | 213,785 | 170,905 | 133,159 |
Services | |||||||||
143,478 | 138,429 | 127,092 | 101,681 | 86,165 | 75,110 | 64,563 | 53,195 | 55,368 | 58,996 |
License | |||||||||
- | - | - | - | - | 853 | 1,275 | 2,218 | 1,538 | 4,125 |
Total revenues | |||||||||
1,140,544 | 940,729 | 781,291 | 618,081 | 505,936 | 410,397 | 332,268 | 269,198 | 227,811 | 196,280 |
Cost of revenues: | |||||||||
Recurring | |||||||||
273,165 | 210,560 | 172,676 | 138,587 | 117,700 | 91,903 | 78,121 | 63,505 | 49,144 | 38,765 |
Services | |||||||||
158,569 | 143,140 | 127,433 | 99,948 | 85,939 | 76,577 | 66,063 | 52,341 | 49,843 | 48,304 |
License | |||||||||
- | - | - | - | - | 198 | 280 | 488 | 255 | 750 |
Total cost of revenues | |||||||||
431,734 | 353,700 | 300,109 | 238,535 | 203,639 | 168,678 | 144,464 | 116,334 | 99,242 | 87,819 |
Gross profit | |||||||||
708,810 | 587,029 | 481,182 | 379,546 | 302,297 | 241,719 | 187,804 | 152,864 | 128,569 | 108,461 |
Operating expenses: | |||||||||
Sales and marketing | |||||||||
285,293 | 269,781 | 224,416 | 169,664 | 117,033 | 93,879 | 72,565 | 63,145 | 58,374 | 52,810 |
Research and development | |||||||||
203,729 | 150,583 | 120,650 | 93,671 | 83,542 | 67,757 | 60,693 | 51,356 | 42,222 | 38,005 |
General and administrative | |||||||||
139,192 | 122,119 | 94,432 | 72,893 | 47,379 | 36,869 | 25,433 | 21,931 | 19,727 | 17,803 |
Total operating expenses | |||||||||
628,214 | 542,483 | 439,498 | 336,228 | 247,954 | 198,505 | 158,691 | 136,432 | 120,323 | 108,618 |
Operating income | |||||||||
80,596 | 44,546 | 41,684 | 43,318 | 54,343 | 43,214 | 29,113 | 16,432 | 8,246 | -157 |
Other (expense) income: | |||||||||
Interest expense and other, net | |||||||||
693 | 813 | 717 | 491 | 353 | 229 | 476 | 401 | 263 | 90 |
Other income, net | |||||||||
3,458 | 397 | 451 | 256 | 339 | 104 | 102 | 91 | 188 | 162 |
Total other (expense) income, net | |||||||||
2,765 | -416 | -266 | -235 | -14 | -125 | -374 | -310 | -75 | 72 |
Income before income taxes | |||||||||
83,361 | 44,130 | 41,418 | 43,083 | 54,329 | 43,089 | 28,739 | 16,122 | 8,171 | -85 |
Benefit (provision) for income taxes | |||||||||
18,221 | 30,075 | 12,178 | 28,825 | 9,592 | 17,559 | 14,107 | 11,840 | 5,161 | 721 |
Income from continuing operations | |||||||||
- | - | - | - | - | - | - | - | 3,010 | -806 |
Loss from discontinued operations, net of income taxes | |||||||||
- | - | - | - | - | - | - | - | -853 | -336 |
Net Income (Loss) Attributable to Parent | |||||||||
65,140 | 14,055 | 29,240 | 14,258 | 44,737 | 25,530 | 14,632 | 4,282 | 2,157 | -1,142 |
Net income per share: | |||||||||
Earnings from continuing operations | |||||||||
- | - | - | - | - | - | - | - | 0.12 | -0.04 |
Loss from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | -0.03 | -0.01 |
Basic (in dollars per share) | |||||||||
2.11 | 0.47 | 1.01 | 0.50 | 1.58 | 0.92 | 0.55 | 0.17 | 0.09 | -0.05 |
Earnings from continuing operations | |||||||||
- | - | - | - | - | - | - | - | 0.11 | -0.04 |
Loss from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | -0.03 | -0.01 |
Diluted (in dollars per share) | |||||||||
2.06 | 0.46 | 0.96 | 0.48 | 1.52 | 0.88 | 0.52 | 0.15 | 0.08 | -0.05 |
Weighted average shares outstanding: | |||||||||
Basic (in shares) | |||||||||
30,854 | 29,791 | 28,976 | 28,634 | 28,293 | 27,773 | 26,778 | 25,814 | 24,960 | 24,463 |
Diluted (in shares) | |||||||||
31,578 | 30,799 | 30,414 | 29,721 | 29,343 | 29,013 | 28,375 | 27,806 | 27,101 | 24,463 |