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10-Q
EXHIBIT 10.1
EXHIBIT 10.2
EXHIBIT 31.1
EXHIBIT 31.2
EXHIBIT 32.1
EXHIBIT 32.2
Unaudited Condensed Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues:
Services revenue
$ 139,814
$ 179,044
Product revenue, net
35,012
37,139
Total revenues
174,826
216,183
Cost of revenues:
Services cost of revenue
34,941
71,293
Product cost of revenue
24,100
25,029
Total cost of revenues
59,041
96,322
Engineering and technology
5,217
4,135
Sales and marketing
54,196
55,836
General and administrative
10,409
8,632
Depreciation
1,138
1,058
Amortization of intangible assets
6,118
5,584
Total operating expenses
136,119
171,567
Operating income
38,707
44,616
Other loss, net
(3,726)
(4,069)
Income before income taxes
34,981
40,547
Income tax expense
(11,881)
(14,560)
Net income
23,100
25,987
Net income per share:
Basic, USD per share
$ 0.56
$ 0.62
Diluted, USD per share
$ 0.55
$ 0.58
Weighted average shares outstanding:
Basic, Shares
40,987
42,162
Diluted, Shares
41,899
44,521
Other comprehensive income (loss):
Net income
23,100
25,987
Unrealized gain (loss) on available-for-sale investments, net of tax
(73)
14
Reclassification adjustment for realized loss on available-for-sale investments, net of tax, included in net income
41
0
Other comprehensive income (loss)
(32)
14
Comprehensive income
$ 23,068
$ 26,001