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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Cloud and related solutions $ 151,217 $ 143,887 $ 451,023 $ 429,009
Software and services 18,634 23,231 58,964 68,301
Maintenance 19,460 19,842 55,802 57,922
Total revenues 189,311 186,960 565,789 555,232
Cost of revenues (exclusive of depreciation, shown separately below):        
Cloud and related solutions 70,150 67,428 206,578 201,455
Software and services 12,230 15,244 37,057 52,912
Maintenance 11,040 9,510 32,051 29,877
Total cost of revenues 93,420 92,182 275,686 284,244
Other operating expenses:        
Research and development 23,572 24,941 71,479 76,567
Selling, general and administrative 32,508 34,247 101,539 102,261
Depreciation 3,398 3,723 10,423 11,268
Restructuring and reorganization charges (185) 846 (601) 1,822
Total operating expenses 152,713 155,939 458,526 476,162
Operating income 36,598 31,021 107,263 79,070
Other income (expense):        
Interest expense (4,398) (2,526) (11,876) (8,431)
Amortization of original issue discount (1,062) (1,576) (3,856) (4,639)
Interest and investment income, net 707 278 1,698 674
Loss on repurchase of convertible notes (332)   (8,651)  
Other, net (1,354) 746 (4,040) 426
Total other (6,439) (3,078) (26,725) (11,970)
Income before income taxes 30,159 27,943 80,538 67,100
Income tax provision (12,265) (11,196) (30,303) (28,201)
Net income $ 17,894 $ 16,747 $ 50,235 $ 38,899
Weighted-average shares outstanding:        
Basic 31,063 30,920 30,922 31,087
Diluted 32,639 33,287 33,041 33,241
Earnings per common share:        
Basic $ 0.58 $ 0.54 $ 1.62 $ 1.25
Diluted 0.55 0.50 1.52 1.17
Cash dividends declared per common share $ 0.185 $ 0.175 $ 0.56 $ 0.53