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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2016
Oct. 31, 2015
Revenues:        
System and software $ 198,605 $ 168,699 $ 439,064 $ 486,831
Service and support 123,911 121,817 365,435 356,890
Total revenues 322,516 290,516 804,499 843,721
Cost of revenues:        
System and software 13,713 9,759 37,375 36,432
Service and support 35,649 35,286 100,910 100,275
Amortization of purchased technology 1,828 1,844 5,400 5,496
Total cost of revenues 51,190 46,889 143,685 142,203
Gross profit 271,326 243,627 660,814 701,518
Operating expenses:        
Research and development 101,023 99,669 285,561 278,237
Marketing and selling 91,646 93,165 259,816 262,857
General and administration 20,015 19,665 56,777 56,298
Equity in earnings of Frontline (634) (1,755) (2,311) (3,976)
Amortization of intangible assets 1,462 2,364 4,536 6,817
Special charges 1,500 4,831 5,936 43,994
Total operating expenses 215,012 217,939 610,315 644,227
Operating income: 56,314 25,688 50,499 57,291
Other income 268 320 1,795 849
Interest expense (5,143) (4,915) (14,971) (14,381)
Income before income tax 51,439 21,093 37,323 43,759
Income tax expense 9,677 7,204 5,560 9,763
Net income 41,762 13,889 31,763 33,996
Less: Loss attributable to noncontrolling interest 0 (790) 0 (2,010)
Net income attributable to Mentor Graphics shareholders $ 41,762 $ 14,679 $ 31,763 $ 36,006
Net income per share:        
Basic $ 0.38 $ 0.13 $ 0.29 $ 0.31
Diluted $ 0.37 $ 0.12 $ 0.29 $ 0.30
Weighted average number of shares outstanding:        
Basic 108,887 117,759 108,442 116,787
Diluted 114,112 120,141 110,931 121,963
Cash dividends declared per common share $ 0.055 $ 0.055 $ 0.165 $ 0.165