XML 31 R50.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Results of Operations (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenue:                      
Software license $ 19,542us-gaap_LicensesRevenue $ 16,945us-gaap_LicensesRevenue $ 17,989us-gaap_LicensesRevenue $ 17,107us-gaap_LicensesRevenue $ 17,267us-gaap_LicensesRevenue $ 14,768us-gaap_LicensesRevenue $ 16,136us-gaap_LicensesRevenue $ 14,245us-gaap_LicensesRevenue $ 71,583us-gaap_LicensesRevenue $ 62,416us-gaap_LicensesRevenue $ 61,494us-gaap_LicensesRevenue
Services 97,073us-gaap_SalesRevenueServicesNet 98,518us-gaap_SalesRevenueServicesNet 93,519us-gaap_SalesRevenueServicesNet 86,913us-gaap_SalesRevenueServicesNet 77,786us-gaap_SalesRevenueServicesNet 85,025us-gaap_SalesRevenueServicesNet 78,203us-gaap_SalesRevenueServicesNet 74,887us-gaap_SalesRevenueServicesNet 376,023us-gaap_SalesRevenueServicesNet 315,901us-gaap_SalesRevenueServicesNet 283,872us-gaap_SalesRevenueServicesNet
Hardware and other 13,788manh_HardwareRevenueAndOther 10,145manh_HardwareRevenueAndOther 11,022manh_HardwareRevenueAndOther 9,543manh_HardwareRevenueAndOther 12,546manh_HardwareRevenueAndOther 8,009manh_HardwareRevenueAndOther 8,177manh_HardwareRevenueAndOther 7,469manh_HardwareRevenueAndOther 44,498manh_HardwareRevenueAndOther 36,201manh_HardwareRevenueAndOther 30,882manh_HardwareRevenueAndOther
Total revenue 130,403us-gaap_SalesRevenueNet 125,608us-gaap_SalesRevenueNet 122,530us-gaap_SalesRevenueNet 113,563us-gaap_SalesRevenueNet 107,599us-gaap_SalesRevenueNet 107,802us-gaap_SalesRevenueNet 102,516us-gaap_SalesRevenueNet 96,601us-gaap_SalesRevenueNet 492,104us-gaap_SalesRevenueNet 414,518us-gaap_SalesRevenueNet 376,248us-gaap_SalesRevenueNet
Costs and expenses:                      
Cost of license 1,970us-gaap_LicenseCosts 1,679us-gaap_LicenseCosts 1,848us-gaap_LicenseCosts 1,613us-gaap_LicenseCosts 2,564us-gaap_LicenseCosts 2,445us-gaap_LicenseCosts 1,937us-gaap_LicenseCosts 1,778us-gaap_LicenseCosts 7,110us-gaap_LicenseCosts 8,724us-gaap_LicenseCosts 7,838us-gaap_LicenseCosts
Cost of services 45,534us-gaap_CostOfServices 43,689us-gaap_CostOfServices 41,457us-gaap_CostOfServices 38,460us-gaap_CostOfServices 36,297us-gaap_CostOfServices 35,835us-gaap_CostOfServices 35,058us-gaap_CostOfServices 35,046us-gaap_CostOfServices 169,140us-gaap_CostOfServices 142,236us-gaap_CostOfServices 128,686us-gaap_CostOfServices
Cost of hardware and other 11,088manh_CostOfHardwareAndOther 8,496manh_CostOfHardwareAndOther 9,265manh_CostOfHardwareAndOther 7,479manh_CostOfHardwareAndOther 10,142manh_CostOfHardwareAndOther 6,812manh_CostOfHardwareAndOther 7,023manh_CostOfHardwareAndOther 6,214manh_CostOfHardwareAndOther 36,328manh_CostOfHardwareAndOther 30,191manh_CostOfHardwareAndOther 25,213manh_CostOfHardwareAndOther
Research and development 13,047us-gaap_ResearchAndDevelopmentExpense 12,236us-gaap_ResearchAndDevelopmentExpense 11,867us-gaap_ResearchAndDevelopmentExpense 11,803us-gaap_ResearchAndDevelopmentExpense 11,135us-gaap_ResearchAndDevelopmentExpense 10,906us-gaap_ResearchAndDevelopmentExpense 11,032us-gaap_ResearchAndDevelopmentExpense 11,476us-gaap_ResearchAndDevelopmentExpense 48,953us-gaap_ResearchAndDevelopmentExpense 44,549us-gaap_ResearchAndDevelopmentExpense 44,704us-gaap_ResearchAndDevelopmentExpense
Sales and marketing 16,273us-gaap_SellingAndMarketingExpense 11,476us-gaap_SellingAndMarketingExpense 12,848us-gaap_SellingAndMarketingExpense 12,020us-gaap_SellingAndMarketingExpense 11,374us-gaap_SellingAndMarketingExpense 9,863us-gaap_SellingAndMarketingExpense 11,888us-gaap_SellingAndMarketingExpense 11,434us-gaap_SellingAndMarketingExpense 52,617us-gaap_SellingAndMarketingExpense 44,559us-gaap_SellingAndMarketingExpense 45,622us-gaap_SellingAndMarketingExpense
General and administrative 11,694us-gaap_GeneralAndAdministrativeExpense 10,856us-gaap_GeneralAndAdministrativeExpense 11,256us-gaap_GeneralAndAdministrativeExpense 10,649us-gaap_GeneralAndAdministrativeExpense 9,952us-gaap_GeneralAndAdministrativeExpense 9,755us-gaap_GeneralAndAdministrativeExpense 7,932us-gaap_GeneralAndAdministrativeExpense 9,508us-gaap_GeneralAndAdministrativeExpense 44,455us-gaap_GeneralAndAdministrativeExpense 37,147us-gaap_GeneralAndAdministrativeExpense 38,474us-gaap_GeneralAndAdministrativeExpense
Depreciation and amortization 1,725us-gaap_DepreciationDepletionAndAmortization 1,675us-gaap_DepreciationDepletionAndAmortization 1,489us-gaap_DepreciationDepletionAndAmortization 1,488us-gaap_DepreciationDepletionAndAmortization 1,468us-gaap_DepreciationDepletionAndAmortization 1,414us-gaap_DepreciationDepletionAndAmortization 1,459us-gaap_DepreciationDepletionAndAmortization 1,484us-gaap_DepreciationDepletionAndAmortization 6,377us-gaap_DepreciationDepletionAndAmortization 5,825us-gaap_DepreciationDepletionAndAmortization 5,638us-gaap_DepreciationDepletionAndAmortization
Total costs and expenses 101,331us-gaap_CostsAndExpenses 90,107us-gaap_CostsAndExpenses 90,030us-gaap_CostsAndExpenses 83,512us-gaap_CostsAndExpenses 82,932us-gaap_CostsAndExpenses 77,030us-gaap_CostsAndExpenses 76,329us-gaap_CostsAndExpenses 76,940us-gaap_CostsAndExpenses 364,980us-gaap_CostsAndExpenses 313,231us-gaap_CostsAndExpenses 296,175us-gaap_CostsAndExpenses
Operating income 29,072us-gaap_OperatingIncomeLoss 35,501us-gaap_OperatingIncomeLoss 32,500us-gaap_OperatingIncomeLoss 30,051us-gaap_OperatingIncomeLoss 24,667us-gaap_OperatingIncomeLoss 30,772us-gaap_OperatingIncomeLoss 26,187us-gaap_OperatingIncomeLoss 19,661us-gaap_OperatingIncomeLoss 127,124us-gaap_OperatingIncomeLoss 101,287us-gaap_OperatingIncomeLoss 80,073us-gaap_OperatingIncomeLoss
Other income (loss), net 850us-gaap_OtherNonoperatingIncomeExpense (55)us-gaap_OtherNonoperatingIncomeExpense 312us-gaap_OtherNonoperatingIncomeExpense (233)us-gaap_OtherNonoperatingIncomeExpense (118)us-gaap_OtherNonoperatingIncomeExpense 546us-gaap_OtherNonoperatingIncomeExpense 1,243us-gaap_OtherNonoperatingIncomeExpense 151us-gaap_OtherNonoperatingIncomeExpense (394)us-gaap_OtherNonoperatingIncomeExpense 655us-gaap_OtherNonoperatingIncomeExpense (97)us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes 29,922us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 35,446us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 32,812us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 29,818us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 24,549us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 31,318us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 27,430us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 19,812us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 127,998us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 103,109us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 81,038us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax provision 9,568us-gaap_IncomeTaxExpenseBenefit 13,106us-gaap_IncomeTaxExpenseBenefit 12,218us-gaap_IncomeTaxExpenseBenefit 11,106us-gaap_IncomeTaxExpenseBenefit 7,703us-gaap_IncomeTaxExpenseBenefit 11,630us-gaap_IncomeTaxExpenseBenefit 10,023us-gaap_IncomeTaxExpenseBenefit 6,457us-gaap_IncomeTaxExpenseBenefit 45,998us-gaap_IncomeTaxExpenseBenefit 35,813us-gaap_IncomeTaxExpenseBenefit 29,185us-gaap_IncomeTaxExpenseBenefit
Net income $ 20,354us-gaap_NetIncomeLoss $ 22,340us-gaap_NetIncomeLoss $ 20,594us-gaap_NetIncomeLoss $ 18,712us-gaap_NetIncomeLoss $ 16,846us-gaap_NetIncomeLoss $ 19,688us-gaap_NetIncomeLoss $ 17,407us-gaap_NetIncomeLoss $ 13,355us-gaap_NetIncomeLoss $ 82,000us-gaap_NetIncomeLoss $ 67,296us-gaap_NetIncomeLoss $ 51,853us-gaap_NetIncomeLoss
Basic earnings per share $ 0.27us-gaap_EarningsPerShareBasic $ 0.30us-gaap_EarningsPerShareBasic $ 0.27us-gaap_EarningsPerShareBasic $ 0.25us-gaap_EarningsPerShareBasic $ 0.22us-gaap_EarningsPerShareBasic $ 0.26us-gaap_EarningsPerShareBasic $ 0.23us-gaap_EarningsPerShareBasic $ 0.17us-gaap_EarningsPerShareBasic $ 1.09us-gaap_EarningsPerShareBasic $ 0.88us-gaap_EarningsPerShareBasic $ 0.66us-gaap_EarningsPerShareBasic
Diluted earnings per share $ 0.27us-gaap_EarningsPerShareDiluted $ 0.30us-gaap_EarningsPerShareDiluted $ 0.27us-gaap_EarningsPerShareDiluted $ 0.24us-gaap_EarningsPerShareDiluted $ 0.22us-gaap_EarningsPerShareDiluted $ 0.25us-gaap_EarningsPerShareDiluted $ 0.22us-gaap_EarningsPerShareDiluted $ 0.17us-gaap_EarningsPerShareDiluted $ 1.08us-gaap_EarningsPerShareDiluted $ 0.86us-gaap_EarningsPerShareDiluted $ 0.64us-gaap_EarningsPerShareDiluted
Shares used in computing basic earnings per share 74,223us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 74,687us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 75,274us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 75,817us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 76,032us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 76,452us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 76,888us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 77,308us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 74,995us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 76,664us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 78,640us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Shares used in computing diluted earnings per share 75,034us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 75,466us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 76,037us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 76,795us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 77,256us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 77,552us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 78,036us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 78,740us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 75,841us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 77,932us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 81,084us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding