XML 14 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Software licenses and royalties $ 74,306 $ 59,008 $ 49,065
Subscriptions 142,704 111,933 87,848
Software services 174,804 139,852 113,821
Maintenance 322,969 245,537 212,696
Appraisal services 26,287 25,065 21,802
Hardware and other 14,973 9,627 7,869
Total revenues 756,043 591,022 493,101
Cost of revenues:      
Software licenses and royalties 2,964 1,632 1,900
Acquired software 22,235 4,440 1,858
Software services, maintenance and subscriptions 348,939 285,340 236,363
Appraisal services 16,411 15,922 14,284
Hardware and other 10,143 6,501 5,325
Total cost of revenues 400,692 313,835 259,730
Gross profit 355,351 277,187 233,371
Selling, general and administrative expenses 167,161 133,317 108,260
Research and development expense 43,154 29,922 25,743
Amortization of customer and trade name intangibles 36,400 10,300 6,400
Operating income 131,305 108,043 94,822
Other (expense) income, net (1,998) 381 (355)
Income before income taxes 129,307 108,424 94,467
Income tax provision 19,450 43,555 35,527
Net income $ 109,857 $ 64,869 $ 58,940
Earnings per common share:      
Basic (USD per share) $ 3.01 $ 1.90 $ 1.79
Diluted (USD per share) $ 2.82 $ 1.77 $ 1.66
Customer and trade name intangibles      
Cost of revenues:      
Amortization of customer and trade name intangibles $ 13,731 $ 5,905 $ 4,546