Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data

	Quarter Ended												Year Ended
	March 31,			June 30,			September 30,			December 31,			December 31,
(in thousands, except per share amounts)	2015			2015			2015			2015			2015
Revenues:
License	$	39,577		$	67,161		$	50,237		$	94,230		$	251,205
Maintenance		59,492			60,141			59,262			63,000			241,895
Services		23,497			23,110			25,842			34,371			106,820
Hosting		110,251			115,410			103,360			117,036			446,057
Total revenues		232,817			265,822			238,701			308,637			1,045,977
Operating expenses:
Cost of license (1)		6,109			5,939			5,387			5,810			23,245
Cost of maintenance, services and hosting (1)		113,013			120,484			104,272			111,285			449,054
Research and development		37,091			39,425			36,123			33,285			145,924
Selling and marketing		28,911			31,298			28,451			40,747			129,407
General and administrative		21,575			25,008			20,284			20,552			87,419
Depreciation and amortization		19,693			20,004			20,298			22,985			82,980
Total operating expenses		226,392			242,158			214,815			234,664			918,029
Operating income		6,425			23,664			23,886			73,973			127,948
Other income (expense):
Interest expense		(10,941	)		(10,505	)		(9,728	)		(10,198	)		(41,372	)
Interest income		102			58			94			132			386
Other, net		3,722			19,659			4,314			(1,284	)		26,411
Total other income (expense)		(7,117	)		9,212			(5,320	)		(11,350	)		(14,575	)
Income (loss) before income taxes		(692	)		32,876			18,566			62,623			113,373
Income tax expense (benefit)		(530	)		5,825			3,786			18,856			27,937
Net income (loss)	$	(162	)	$	27,051		$	14,780		$	43,767		$	85,436
Earnings (loss) per share
Basic	$	0.00		$	0.23		$	0.13		$	0.37		$	0.73
Diluted	$	0.00		$	0.23		$	0.12		$	0.36		$	0.72

(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.

	Quarter Ended												Year Ended
(in thousands, except per share amounts)	March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014			December 31, 2014
Revenues:
License	$	35,702		$	61,377		$	57,653		$	80,425		$	235,157
Maintenance		62,499			62,309			63,764			67,421			255,993
Services		22,588			24,991			28,194			29,811			105,584
Hosting		100,684			106,131			100,033			112,567			419,415
Total revenues		221,473			254,808			249,644			290,224			1,016,149
Operating expenses:
Cost of license (1)		5,736			6,897			5,433			6,499			24,565
Cost of maintenance, services and hosting (1)		107,887			112,595			105,319			104,390			430,191
Research and development		37,456			38,876			36,321			31,554			144,207
Selling and marketing		27,909			28,007			27,078			29,053			112,047
General and administrative		25,116			24,682			25,329			19,938			95,065
Depreciation and amortization		17,078			17,010			18,295			19,519			71,902
Total operating expenses		221,182			228,067			217,775			210,953			877,977
Operating income		291			26,741			31,869			79,271			138,172
Other income (expense):
Interest expense		(9,175	)		(9,329	)		(10,416	)		(10,818	)		(39,738	)
Interest income		199			135			98			143			575
Other, net		(1,057	)		(3,901	)		3,614			1,104			(240	)
Total other income (expense)		(10,033	)		(13,095	)		(6,704	)		(9,571	)		(39,403	)
Income (loss) before income taxes		(9,742	)		13,646			25,165			69,700			98,769
Income tax expense (benefit)		(3,967	)		2,409			9,433			23,334			31,209
Net income (loss)	$	(5,775	)	$	11,237		$	15,732		$	46,366		$	67,560
Earnings (loss) per share
Basic	$	(0.05	)	$	0.10		$	0.14		$	0.40		$	0.59
Diluted	$	(0.05	)	$	0.10		$	0.14		$	0.40		$	0.58

(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.