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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 30, 2013
Mar. 31, 2012
Mar. 30, 2013
Mar. 31, 2012
Revenue:        
License $ 79,690 $ 74,779 $ 158,875 $ 163,867
Service 73,084 75,806 149,844 151,433
Support 161,175 150,540 324,981 304,101
Total revenue 313,949 301,125 633,700 619,401
Cost of revenue:        
Cost of license revenue 8,291 7,824 16,303 15,483
Cost of service revenue 64,550 66,366 133,142 137,816
Cost of support revenue 20,429 19,026 40,897 38,136
Total cost of revenue 93,270 93,216 190,342 191,435
Gross margin 220,679 207,909 443,358 427,966
Operating expenses:        
Sales and marketing 88,059 90,962 181,608 188,740
Research and development 55,528 54,576 112,957 109,569
General and administrative 33,398 29,534 69,215 59,106
Amortization of acquired intangible assets 6,640 5,132 13,263 10,341
Restructuring charges 15,810 20,802 31,212 20,802
Total operating expenses 199,435 201,006 408,255 388,558
Operating income 21,244 [1] 6,903 [1] 35,103 [1] 39,408 [1]
Interest and other (expense) income, net (1,867) (2,967) (3,672) (5,610)
Income before income taxes 19,377 3,936 31,431 33,798
Provision (benefit) for income taxes 2,340 367 (21,417) 8,106
Net income $ 17,037 $ 3,569 $ 52,848 $ 25,692
Earnings per share—Basic $ 0.14 $ 0.03 $ 0.44 $ 0.22
Earnings per share—Diluted $ 0.14 $ 0.03 $ 0.44 $ 0.21
Weighted average shares outstanding—Basic 119,518 119,003 119,722 118,356
Weighted average shares outstanding—Diluted 121,071 121,401 121,438 120,985
[1] We recorded restructuring charges of $15.8 million and $31.2 million in the second quarter and first six months of 2013, respectively. Software Products included $6.1 million and $11.6 million, respectively; Services included $4.0 million and $6.3 million, respectively; sales and marketing expenses included $4.9 million and $11.7 million, respectively; and general and administrative expenses included $0.8 million and $1.6 million, respectively, of these restructuring charges. We recorded restructuring charges of $20.8 million in the second quarter of 2012. Software Products included $3.4 million; Services included $3.3 million; sales and marketing expenses included $12.5 million; and general and administrative expenses included $1.6 million of these restructuring charges.