|
Condensed Consolidated Income Statements (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 28, 2014
|
Jun. 29, 2013
|
Jun. 28, 2014
|
Jun. 29, 2013
|
|
| Revenue: | ||||
| Product and maintenance | $ 354,468 | $ 337,983 | $ 711,818 | $ 666,254 |
| Services | 24,320 | 24,498 | 45,520 | 50,493 |
| Total revenue | 378,788 | 362,481 | 757,338 | 716,747 |
| Costs and Expenses: | ||||
| Cost of product and maintenance | 37,707 | 28,095 | 79,904 | 57,942 |
| Cost of services | 16,706 | 15,148 | 31,608 | 33,492 |
| Marketing and sales | 98,611 | 95,277 | 196,934 | 185,679 |
| Research and development | 152,672 | 136,395 | 299,138 | 260,479 |
| General and administrative | 32,042 | 34,441 | 60,786 | 64,251 |
| Amortization of acquired intangibles | 5,579 | 5,327 | 10,789 | 9,118 |
| Restructuring and other charges (credits) | (26) | 2,656 | 370 | 2,508 |
| Total costs and expenses | 343,291 | 317,339 | 679,529 | 613,469 |
| Income from operations | 35,497 | 45,142 | 77,809 | 103,278 |
| Interest expense | (7,369) | (9,528) | (14,637) | (18,790) |
| Other income, net | 1,635 | 2,018 | 5,017 | 4,193 |
| Income before provision for income taxes | 29,763 | 37,632 | 68,189 | 88,681 |
| Provision for income taxes | 6,500 | 28,203 | 11,856 | 643 |
| Net income | $ 23,263 | $ 9,429 | $ 56,333 | $ 88,038 |
| Net income per share - basic (in usd per share) | $ 0.08 | $ 0.03 | $ 0.20 | $ 0.32 |
| Net income per share - diluted (in usd per share) | $ 0.08 | $ 0.03 | $ 0.19 | $ 0.30 |
| Weighted average common shares outstanding - basic (in shares) | 283,344 | 277,146 | 282,480 | 276,018 |
| Weighted average common shares outstanding - diluted (in shares) | 305,755 | 294,443 | 303,395 | 293,274 |