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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Software licenses and royalties $ 22,776 $ 21,758
Subscriptions 49,028 39,862
Software services 45,939 42,496
Maintenance 93,897 86,307
Appraisal services 5,394 6,612
Hardware and other 4,140 2,694
Total revenues 221,174 199,729
Cost of revenues:    
Software licenses and royalties 778 731
Acquired software 5,382 5,410
Software services, maintenance and subscriptions 106,085 93,540
Appraisal services 3,781 4,197
Hardware and other 2,343 1,316
Total cost of revenues 118,369 105,194
Gross profit 102,805 94,535
Selling, general and administrative expenses 47,604 42,780
Research and development expense 13,048 11,599
Amortization of customer and trade name intangibles 3,315 3,325
Operating income 38,838 36,831
Other income (expense), net 599 (190)
Income before income taxes 39,437 36,641
Income tax provision 1,612 3,872
Net income $ 37,825 $ 32,769
Earnings per common share:    
Basic (USD per share) $ 1.00 $ 0.89
Diluted (USD per share) $ 0.95 $ 0.84