Accounting Standards and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Schedule of summary the changes in the allowances for doubtful accounts and sales adjustments

The following table summarizes the changes in the allowance for doubtful accounts:

	June 30, 2018
Balance, beginning of period December 31, 2017	$	5,427
Provisions for losses - accounts receivable	1,147
Collection of accounts previously written off	(212		)
Deductions for accounts charged off or credits issued	(1,257		)
Balance, end of period	$	5,105

Schedule of adjusted our condensed consolidated financial statements from amounts previously reported due to the adoption of ASU No. 2014-09

We adjusted our condensed consolidated financial statements from amounts previously reported due to the adoption of the new standard. Select unaudited condensed consolidated statement of income line items, which reflect the adoption of the new standard, are as follows (in thousands, except per share data):

	Three Months Ended June 30, 2017							Six Months Ended June 30, 2017
	As Reported		Adjustments			As Adjusted		As Reported		Adjustments			As Adjusted
Statement of Income:
Software licenses and royalties	$	17,107	$	2,199		$	19,306	$	35,330	$	5,734		$	41,064
Subscriptions	40,947		(430		)	40,517		81,049		(670		)	80,379
Software services	47,372		(1,512		)	45,860		92,390		(4,034		)	88,356
Maintenance	89,412		(601		)	88,811		176,271		(1,153		)	175,118
Appraisal services	6,366		—			6,366		12,978		—			12,978
Hardware and other	7,919		(16		)	7,903		10,647		(50		)	10,597
Total revenues	209,123		(360		)	208,763		408,665		(173		)	408,492
Selling, general and administrative expenses	43,451		(451		)	43,000		86,593		(813		)	85,780
Amortization of customer and trade name intangibles	3,463		(132		)	3,331		6,921		(265		)	6,656
Operating income	37,075		223			37,298		73,224		905			74,129
Income tax provision	5,396		31			5,427		9,049		250			9,299
Net income	$	31,578	$	192		$	31,770	$	63,884	$	655		$	64,539
Earnings per common share:
Basic	$	0.85				$	0.86	$	1.72				$	1.74
Diluted	$	0.81				$	0.81	$	1.63				$	1.65

Select condensed consolidated balance sheet line items, which reflect the adoption of the new standard, are as follows (in thousands):

	December 31, 2017
	As Reported		Adjustments			As Adjusted
Balance Sheet:
Accounts receivable	$	227,127	$	19,061		$	246,188
Prepaid expenses	27,252		4,954			32,206
Accounts receivable, long-term	7,536		4,571			12,107
Other intangibles, net	236,444		(6,827		)	229,617
Total assets	1,589,592		21,759			1,611,351
Deferred revenue	309,461		(10,848		)	298,613
Deferred income taxes	38,914		7,965			46,879
Retained earnings	599,821		24,642			624,463
Total liabilities and shareholders' equity	$	1,589,592	$	21,759		$	1,611,351