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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Cloud and related solutions $ 157,879 $ 149,992 $ 316,656 $ 299,806
Software and services 15,896 21,152 30,954 40,330
Maintenance 18,938 19,108 37,573 36,342
Total revenues 192,713 190,252 385,183 376,478
Cost of revenues (exclusive of depreciation, shown separately below):        
Cloud and related solutions 77,286 70,195 153,338 136,428
Software and services 10,405 11,461 21,679 24,827
Maintenance 9,969 11,127 20,351 21,011
Total cost of revenues 97,660 92,783 195,368 182,266
Other operating expenses:        
Research and development 27,939 24,281 54,779 47,907
Selling, general and administrative 36,819 34,980 74,165 69,031
Depreciation 3,316 3,509 6,631 7,025
Restructuring and reorganization charges 2,731 5,325 2,979 (416)
Total operating expenses 168,465 160,878 333,922 305,813
Operating income 24,248 29,374 51,261 70,665
Other income (expense):        
Interest expense (4,146) (4,473) (8,452) (7,478)
Amortization of original issue discount (625) (1,136) (1,513) (2,794)
Interest and investment income, net 704 523 1,510 991
Loss on repurchase of convertible notes   (5,108)   (8,319)
Other, net 122 (1,895) (153) (2,686)
Total other (3,945) (12,089) (8,608) (20,286)
Income before income taxes 20,303 17,285 42,653 50,379
Income tax provision (8,722) (6,448) (10,835) (18,038)
Net income $ 11,581 $ 10,837 $ 31,818 $ 32,341
Weighted-average shares outstanding:        
Basic 32,572 30,942 32,294 30,852
Diluted 32,996 32,811 32,795 33,241
Earnings per common share:        
Basic $ 0.36 $ 0.35 $ 0.99 $ 1.05
Diluted $ 0.35 $ 0.33 $ 0.97 $ 0.97