XML 69 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Licenses $ 71,752 $ 77,632 $ 141,735 $ 144,367
Services 143,950 125,338 286,162 246,760
Total revenues 215,702 202,970 427,897 391,127
Cost of revenues:        
Licenses 2,786 2,550 5,669 4,334
Services 24,650 22,634 48,652 43,600
Amortization of purchased technology 7,296 5,249 14,264 9,899
Total cost of revenues 34,732 30,433 68,585 57,833
Gross profit 180,970 172,537 359,312 333,294
Operating expenses:        
Sales and marketing 87,277 86,983 173,239 168,713
Research and development 45,461 43,117 91,835 84,840
General and administrative 24,258 28,078 51,085 56,271
Amortization of other purchased intangible assets 4,551 4,198 12,842 7,945
Transaction fees - pending merger 46,426   52,061  
Total operating expenses 207,973 162,376 381,062 317,769
Income (loss) from operations (27,003) 10,161 (21,750) 15,525
Other (expense) income, net (2,400) 122 (3,274) 1,279
Income (loss) before income tax provision (29,403) 10,283 (25,024) 16,804
Income tax provision 2,102 4,565 3,880 7,716
Net income (loss) (31,505) 5,718 (28,904) 9,088
Net loss attributable to noncontrolling interest 114   181  
Net income (loss) attributable to Quest Software, Inc. $ (31,391) $ 5,718 $ (28,723) $ 9,088
Net income (loss) per share attributable to Quest Software, Inc. stockholders:        
Basic $ (0.37) $ 0.06 $ (0.34) $ 0.10
Diluted $ (0.36) $ 0.06 $ (0.33) $ 0.10
Weighted-average common shares outstanding:        
Basic 84,368 88,320 83,896 90,301
Diluted 86,769 90,363 85,987 92,742