| ANSYS, INC. AND SUBSIDIARIES | |||||||||||||||
| Condensed Consolidated Statements of Income | |||||||||||||||
| (Unaudited) | |||||||||||||||
| Three Months Ended | Twelve Months Ended | ||||||||||||||
| (in thousands, except per share data) |
December 31,
2019 |
December 31,
2018 |
December 31,
2019 |
December 31,
2018 | |||||||||||
| Revenue: | |||||||||||||||
| Software licenses | $ | 268,943 | $ | 226,421 | $ | 699,630 | $ | 576,717 | |||||||
| Maintenance and service | 217,285 | 189,011 | 816,262 | 716,919 | |||||||||||
| Total revenue | 486,228 | 415,432 | 1,515,892 | 1,293,636 | |||||||||||
| Cost of sales: | |||||||||||||||
| Software licenses | 7,324 | 6,318 | 23,944 | 18,619 | |||||||||||
| Amortization | 7,646 | 3,631 | 21,710 | 27,034 | |||||||||||
| Maintenance and service | 34,626 | 30,140 | 120,619 | 110,232 | |||||||||||
| Total cost of sales | 49,596 | 40,089 | 166,273 | 155,885 | |||||||||||
| Gross profit | 436,632 | 375,343 | 1,349,619 | 1,137,751 | |||||||||||
| Operating expenses: | |||||||||||||||
| Selling, general and administrative | 167,937 | 133,137 | 521,200 | 413,580 | |||||||||||
| Research and development | 79,152 | 58,896 | 298,210 | 233,802 | |||||||||||
| Amortization | 3,827 | 3,374 | 15,169 | 13,795 | |||||||||||
| Total operating expenses | 250,916 | 195,407 | 834,579 | 661,177 | |||||||||||
| Operating income | 185,716 | 179,936 | 515,040 | 476,574 | |||||||||||
| Interest income | 3,186 | 3,745 | 12,796 | 11,419 | |||||||||||
| Interest expense | (2,900 | ) | (12 | ) | (3,461 | ) | (59 | ) | |||||||
| Other (expense) income, net | (855 | ) | 1,393 | (1,792 | ) | (849 | ) | ||||||||
| Income before income tax provision | 185,147 | 185,062 | 522,583 | 487,085 | |||||||||||
| Income tax provision | 19,295 | 31,899 | 71,288 | 67,710 | |||||||||||
| Net income | $ | 165,852 | $ | 153,163 | $ | 451,295 | $ | 419,375 | |||||||
| Earnings per share – basic: | |||||||||||||||
| Earnings per share | $ | 1.95 | $ | 1.83 | $ | 5.36 | $ | 4.99 | |||||||
| Weighted average shares | 85,183 | 83,699 | 84,259 | 83,973 | |||||||||||
| Earnings per share – diluted: | |||||||||||||||
| Earnings per share | $ | 1.91 | $ | 1.79 | $ | 5.25 | $ | 4.88 | |||||||
| Weighted average shares | 86,992 | 85,472 | 85,925 | 85,913 | |||||||||||
Ansys Announces Fourth Quarter and Fiscal Year 2019 Financial Results With Record Revenue, EPS, ACV and Operating Cash Flow
 |  | More EDA News
|
|
RELATED NEWS
