XML 14 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Software licenses and royalties $ 59,008 $ 49,065 $ 40,841
Subscriptions 111,933 87,848 61,864
Software services 139,852 113,821 93,267
Maintenance 245,537 212,696 191,720
Appraisal services 25,065 21,802 20,825
Hardware and other 9,627 7,869 8,126
Total revenues 591,022 493,101 416,643
Cost of revenues:      
Software licenses and royalties 1,632 1,900 2,377
Acquired software 4,440 1,858 2,078
Software services, maintenance and subscriptions 285,340 236,363 199,617
Appraisal services 15,922 14,284 13,809
Hardware and other 6,501 5,325 5,559
Total cost of revenues 313,835 259,730 223,440
Gross profit 277,187 233,371 193,203
Selling, general and administrative expenses 133,317 108,260 98,289
Research and development expense 29,922 25,743 23,269
Amortization of customer and trade name intangibles 10,300 6,400 6,800
Operating income 108,043 94,822 67,128
Other income (expense), net 381 (355) (1,309)
Income before income taxes 108,424 94,467 65,819
Income tax provision 43,555 35,527 26,718
Net income $ 64,869 $ 58,940 $ 39,101
Earnings per common share:      
Basic $ 1.90 $ 1.79 $ 1.23
Diluted $ 1.77 $ 1.66 $ 1.13
Unrealized gains on investment securities available-for-sale     $ 341
Income tax benefit related to components of other comprehensive income     119
Other comprehensive income, net of tax     222
Comprehensive income $ 64,869 $ 58,940 39,323
Customer and trade name intangibles [Member]      
Cost of revenues:      
Amortization of customer and trade name intangibles $ 5,905 $ 4,546 $ 4,517