ANSYS Reports Solid Revenue Results with Strong Margins For Q3 2009

 
ANSYS, INC. AND SUBSIDIARIES
Consolidated Statements of Income
(in thousands, except per share data)
(Unaudited)
             
Three Months Ended Nine Months Ended

September 30,
2009

September 30,
2008

September 30,
2009

September 30,
2008

Revenue:
Software licenses $ 76,395 $ 80,226 $ 220,020 $ 227,777
Maintenance and service   51,792   42,021   146,503   115,261
 
Total revenue 128,187 122,247 366,523 343,038
 
Cost of sales:
Software licenses 2,417 2,508 7,083 6,911
Amortization 9,005 8,120 27,002 18,072
Maintenance and service 12,295 13,959 36,820 41,041
Restructuring charges   172   -   670   -
Total cost of sales   23,889   24,587   71,575   66,024
 
Gross profit 104,298 97,660 294,948 277,014
 
Operating expenses:
Selling, general and administrative 31,719 36,071 98,114 92,933
Research and development 19,462 20,282 59,401 52,768
Amortization 4,115 3,011 12,134 7,362
Restructuring charges   1,370   -   2,178   -
Total operating expenses   56,666   59,364   171,827   153,063
 
Operating income 47,632 38,296 123,121 123,951
 
Interest expense (2,313) (3,122) (8,531) (5,349)
Interest income 425 1,672 1,354 4,480
Other income (expense), net   54   (273)   (1,251)   281
 
Income before income tax provision 45,798 36,573 114,693 123,363
 
Income tax provision   15,269   10,798   35,932   43,605
 
Net income $ 30,529 $ 25,775 $ 78,761 $ 79,758
 
Earnings per share – basic:
Basic earnings per share $ 0.35 $ 0.30 $ 0.89 $ 0.99
Weighted average shares – basic 88,284 85,687 88,292 80,831
 
 
Earnings per share - diluted:
Diluted earnings per share $ 0.33 $ 0.29 $ 0.86 $ 0.94
Weighted average shares – diluted 91,640 90,117 91,621 84,614
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise