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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2012
Jul. 31, 2011
Revenues:        
System and software $ 139,957 $ 117,495 $ 289,313 $ 257,140
Service and support 100,854 96,245 199,416 186,635
Total revenues 240,811 213,740 488,729 443,775
Cost of revenues:        
System and software 15,292 14,294 30,082 30,371
Service and support 29,130 26,844 57,544 52,055
Amortization of purchased technology 2,154 2,754 4,333 6,111
Total cost of revenues 46,576 43,892 91,959 88,537
Gross margin 194,235 169,848 396,770 355,238
Operating expenses:        
Research and development 72,951 69,905 143,997 139,273
Marketing and selling 79,068 75,758 158,820 153,682
General and administration 19,865 17,348 36,514 34,133
Equity in earnings of Frontline (662) (1,139) (1,249) (2,156)
Amortization of intangible assets 1,599 1,455 3,305 3,065
Special charges 1,507 1,677 2,654 6,224
Total operating expenses 174,328 165,004 344,041 334,221
Operating income 19,907 4,844 52,729 21,017
Other income (expense), net (379) 529 (296) 54
Interest expense (4,737) (4,634) (9,331) (22,074)
Income (loss) before income tax 14,791 739 43,102 (1,003)
Income tax expense (benefit) (2,764) (3,595) (1,983) (2,984)
Net income (loss) 17,555 4,334 45,085 1,981
Less: Loss attributable to noncontrolling interest (612) 0 (1,264) 0
Net income (loss) attributable to Mentor Graphics shareholders $ 18,167 $ 4,334 $ 46,349 $ 1,981
Net income (loss) per share:        
Basic (in dollars per share) $ 0.17 $ 0.04 $ 0.42 $ 0.02
Diluted (in dollars per share) $ 0.16 $ 0.04 $ 0.41 $ 0.02
Weighted average number of shares outstanding:        
Basic (in shares) 109,875 110,027 109,891 110,888
Diluted (in shares) 113,046 112,844 113,078 113,892