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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Total revenue $ 149,757 $ 162,275 $ 439,290 $ 465,020
Total costs 65,199 74,366 203,055 213,114
Research and development 20,454 22,614 63,713 65,824
Sales and marketing 11,399 12,125 34,196 41,426
General and administrative 15,536 16,236 45,666 48,091
Depreciation and amortization 2,193 1,937 6,796 5,710
Total costs and expenses 114,781 127,278 353,426 374,165
Operating income 34,976 34,997 85,864 90,855
Other (loss) income, net (891) 810 371 368
Income before income taxes 34,085 35,807 86,235 91,223
Income tax provision 9,119 8,700 19,535 22,219
Net income $ 24,966 $ 27,107 $ 66,700 $ 69,004
Basic earnings per share $ 0.39 $ 0.42 $ 1.05 $ 1.07
Diluted earnings per share $ 0.39 $ 0.42 $ 1.04 $ 1.06
Weighted average number of shares:        
Basic 63,524 64,247 63,541 64,591
Diluted 64,427 64,992 64,298 65,112
Cloud Subscriptions        
Total revenue $ 21,064 $ 14,242 $ 56,827 $ 31,110
Software License        
Total revenue 13,233 15,486 28,649 39,621
Total costs 527 748 1,673 1,963
Maintenance        
Total revenue 37,305 37,763 108,947 111,185
Services        
Total revenue 73,470 91,626 232,654 274,208
Hardware        
Total revenue 4,685 3,158 12,213 8,896
Cloud Subscriptions, Maintenance and Services        
Total costs $ 64,672 $ 73,618 $ 201,382 $ 211,151