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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Revenues:        
System and software $ 162,201 $ 149,480 $ 318,132 $ 297,709
Service and support 118,861 110,753 235,073 214,675
Total revenues 281,062 260,233 553,205 512,384
Cost of revenues:        
System and software 13,049 16,185 26,673 43,156
Service and support 31,420 30,903 64,989 60,014
Amortization of purchased technology 1,794 1,841 3,652 3,202
Total cost of revenues 46,263 48,929 95,314 106,372
Gross profit 234,799 211,304 457,891 406,012
Operating expenses:        
Research and development 89,053 87,542 178,568 171,993
Marketing and selling 84,741 82,305 169,692 166,939
General and administration 18,670 19,473 36,633 37,155
Equity in earnings of Frontline (1,351) (2,062) (2,221) (3,441)
Amortization of intangible assets 2,234 2,026 4,453 3,776
Special charges 2,186 5,108 39,163 11,034
Total operating expenses 195,533 194,392 426,288 387,456
Operating income 39,266 16,912 31,603 18,556
Other income (expense), net 187 (104) 529 (362)
Interest expense (4,772) (4,807) (9,466) (9,392)
Income before income tax 34,681 12,001 22,666 8,802
Income tax expense (benefit) 4,071 (1,768) 2,559 (1,942)
Net income 30,610 13,769 20,107 10,744
Less: Loss attributable to noncontrolling interest (602) (403) (1,220) (877)
Net income attributable to Mentor Graphics shareholders $ 31,212 $ 14,172 $ 21,327 $ 11,621
Net income per share:        
Basic $ 0.27 $ 0.13 $ 0.18 $ 0.12
Diluted $ 0.26 $ 0.13 $ 0.18 $ 0.11
Weighted average number of shares outstanding:        
Basic 116,584 113,868 116,296 114,396
Diluted 119,368 116,551 118,986 116,960
Cash dividends declared per common share $ 0.055 $ 0.050 $ 0.110 $ 0.100