Stock-Based Compensation

3 Months Ended

Mar. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Total stock-based compensation expense and its net impact on basic and diluted earnings per share are as follows:



	Three Months Ended
(in thousands, except per share data)	March 31, 2017			March 31, 2016
Cost of sales:
Software licenses	$	250		$	155
Maintenance and service	426			367
Operating expenses:
Selling, general and administrative	5,956			2,924
Research and development	3,881			3,632
Stock-based compensation expense before taxes	10,513			7,078
Related income tax benefits	(10,421		)	(2,043		)
Stock-based compensation expense, net of taxes	$	92		$	5,035
Net impact on earnings per share:
Basic earnings per share	$	—		$	(0.06	)
Diluted earnings per share	$	—		$	(0.06	)

As a result of new accounting guidance further discussed in Note 12, the three months ended March 31, 2017 related income tax benefits above include $7.0 million of excess tax benefits that in prior years had been recorded to additional paid-in capital. If such tax benefits were excluded, the impact on both basic and diluted earnings per share would have been $0.08.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details