| ANSYS, INC. AND SUBSIDIARIES | |||||||||||||||
| Condensed Consolidated Statements of Income | |||||||||||||||
| (Unaudited) | |||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||
| (in thousands, except per share data) |
September 30,
2019 |
September 30,
2018 |
September 30,
2019 |
September 30,
2018 | |||||||||||
| Revenue: | |||||||||||||||
| Software licenses | $ | 137,144 | $ | 109,103 | $ | 430,687 | $ | 350,296 | |||||||
| Maintenance and service | 206,755 | 180,315 | 598,977 | 527,908 | |||||||||||
| Total revenue | 343,899 | 289,418 | 1,029,664 | 878,204 | |||||||||||
| Cost of sales: | |||||||||||||||
| Software licenses | 5,708 | 4,291 | 16,620 | 12,301 | |||||||||||
| Amortization | 4,762 | 5,530 | 14,064 | 23,403 | |||||||||||
| Maintenance and service | 30,895 | 26,487 | 85,993 | 80,092 | |||||||||||
| Total cost of sales | 41,365 | 36,308 | 116,677 | 115,796 | |||||||||||
| Gross profit | 302,534 | 253,110 | 912,987 | 762,408 | |||||||||||
| Operating expenses: | |||||||||||||||
| Selling, general and administrative | 120,682 | 97,576 | 353,263 | 280,443 | |||||||||||
| Research and development | 73,018 | 59,019 | 219,058 | 174,906 | |||||||||||
| Amortization | 3,787 | 3,491 | 11,342 | 10,421 | |||||||||||
| Total operating expenses | 197,487 | 160,086 | 583,663 | 465,770 | |||||||||||
| Operating income | 105,047 | 93,024 | 329,324 | 296,638 | |||||||||||
| Interest income | 3,188 | 3,213 | 9,610 | 7,674 | |||||||||||
| Other income (expense), net | 594 | (974 | ) | (1,498 | ) | (2,289 | ) | ||||||||
| Income before income tax provision | 108,829 | 95,263 | 337,436 | 302,023 | |||||||||||
| Income tax provision | 19,366 | 5,927 | 51,993 | 35,811 | |||||||||||
| Net income | $ | 89,463 | $ | 89,336 | $ | 285,443 | $ | 266,212 | |||||||
| Earnings per share – basic: | |||||||||||||||
| Earnings per share | $ | 1.06 | $ | 1.06 | $ | 3.40 | $ | 3.17 | |||||||
| Weighted average shares | 84,109 | 84,158 | 83,951 | 84,065 | |||||||||||
| Earnings per share – diluted: | |||||||||||||||
| Earnings per share | $ | 1.04 | $ | 1.04 | $ | 3.34 | $ | 3.09 | |||||||
| Weighted average shares | 85,733 | 86,043 | 85,570 | 86,060 | |||||||||||
ANSYS Announces Record Q3 Financial Results With Double-Digit Growth in Revenue and ACV
 |  | More MCAD News
|
|
RELATED NEWS
