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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Software licenses and royalties $ 16,850 $ 14,300
Subscriptions 34,089 25,288
Software services 42,430 30,804
Maintenance 76,032 57,348
Appraisal services 6,558 6,089
Hardware and other 3,334 1,137
Total revenues 179,293 134,966
Cost of revenues:    
Software licenses and royalties 638 553
Acquired software 5,459 456
Software services, maintenance and subscriptions 85,270 65,377
Appraisal services 3,962 4,135
Hardware and other 1,846 566
Total cost of revenues 97,175 71,087
Gross profit 82,118 63,879
Selling, general and administrative expenses 40,759 28,545
Research and development expense 9,956 7,004
Amortization of customer and trade name intangibles 3,362 1,152
Operating income 28,041 27,178
Other income (expense), net (467) 181
Income before income taxes 27,574 27,359
Income tax provision 10,495 10,086
Net income $ 17,079 $ 17,273
Earnings per common share:    
Basic $ 0.47 $ 0.51
Diluted $ 0.44 $ 0.48