Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Data

		September 30,			September 30,			September 30,			September 30,
	Quarter Ended
	December 31,			September 30,			June 30,			March 31,
	2011			2011			2011			2011
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenues:
Software license fees	$	60,762		$	39,249		$	46,085		$	43,724
Maintenance fees		39,164			36,928			37,195			35,070
Services		21,956			23,770			18,673			15,371
Software hosting fees		13,155			12,202			11,413			10,378
Total revenues		135,037			112,149			113,366			104,543
Expenses:
Cost of software license fees (1)		4,077			3,763			4,136			3,442
Cost of maintenance, services and hosting fees (1)		27,445			29,996			31,818			29,607
Research and development		20,781			22,481			23,784			23,130
Selling and marketing		20,023			19,814			21,791			19,294
General and administrative		20,191			19,068			15,804			16,362
Depreciation and amortization		5,477			5,759			5,611			5,210
Total expenses		97,994			100,881			102,944			97,045
Operating income		37,043			11,268			10,422			7,498
Other income (expense):
Interest income		676			205			196			238
Interest expense		(1,008	)		(406	)		(374	)		(643	)
Other, net		(714	)		(46	)		260			(302	)
Total other income (expense)		(1,046	)		(247	)		82			(707	)
Income before income taxes		35,997			11,021			10,504			6,791
Income tax expense		12,106			482			704			5,169
Net income	$	23,891		$	10,539		$	9,800		$	1,622
Earnings per share
Basic (2)	$	0.71		$	0.31		$	0.29		$	0.05
Diluted	$	0.70		$	0.31		$	0.29		$	0.05

(1) The cost of software license fees excludes for depreciation but includes amortization of purchased and developed software for resale. The cost of maintenance, services and hosting fees excludes charges for depreciation.

(2) The sum of the earnings per share by qurter does not agree to the earnings per share for the year ended December 31,2011 due to rounding.

		September 30,			September 30,			September 30,			September 30,
	Quarter Ended
	December 31,			September 30,			June 30,			March 31,
	2010			2010			2010			2010
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenues:
Software license fees	$	66,039		$	37,804		$	31,399		$	29,317
Maintenance fees		35,414			32,480			34,207			33,422
Services		26,745			15,439			17,187			14,618
Software hosting fees		13,043			11,294			9,630			10,386
Total revenues		141,241			97,017			92,423			87,743
Expenses:
Cost of software license fees (1)		3,322			3,088			3,107			3,074
Cost of maintenance, services and hosting fees (1)		30,981			28,956			29,303			27,892
Research and development		18,717			18,165			18,798			18,396
Selling and marketing		19,786			17,933			15,989			16,845
General and administrative		20,558			16,341			15,735			17,462
Depreciation and amortization		5,078			5,146			5,125			4,979
Total expenses		98,442			89,629			88,057			88,648
Operating income (loss)		42,799			7,388			4,366			(905	)
Other income (expense):
Interest income		230			185			126			124
Interest expense		(514	)		(418	)		(541	)		(523	)
Other, net		(163	)		(1,556	)		(1,682	)		(214	)
Total other income (expense)		(447	)		(1,789	)		(2,097	)		(613	)
Income (loss) before income taxes		42,352			5,599			2,269			(1,518	)
Income tax expense		15,254			3,263			2,419			571
Net income (loss)	$	27,098		$	2,336		$	(150	)	$	(2,089	)
Earnings (loss) per share
Basic (2)	$	0.82		$	0.07		$	(0.00	)	$	(0.06	)
Diluted (2)	$	0.80		$	0.07		$	(0.00	)	$	(0.06	)

(1) The cost of software license fees excludes charges for depreciation but includes amortization of purchased and developed software for resale. The cost of maintenance, services and hosting fees excludes charges for depreciation.

(2) The sum of the earnings per share by quarter does not agree to the earnings per share for the year ended December 31, 2010 due to rounding.