| ANSYS, INC. AND SUBSIDIARIES | |||||||||||||||||||
| Consolidated Statements of Income | |||||||||||||||||||
| (in thousands, except per share data) | |||||||||||||||||||
| (Unaudited) | |||||||||||||||||||
| Three Months Ended | Twelve Months Ended | ||||||||||||||||||
|
December 31,
2015 |
December 31,
2014 |
December 31,
2015 |
December 31,
2014 | ||||||||||||||||
| Revenue: | |||||||||||||||||||
| Software licenses | $ | 149,450 | $ | 157,619 | $ | 555,105 | $ | 564,502 | |||||||||||
| Maintenance and service | 102,197 | 96,756 | 387,648 | 371,519 | |||||||||||||||
| Total revenue | 251,647 | 254,375 | 942,753 | 936,021 | |||||||||||||||
| Cost of sales: | |||||||||||||||||||
| Software licenses | 8,057 | 9,004 | 29,105 | 30,607 | |||||||||||||||
| Amortization | 9,837 | 9,455 | 38,755 | 37,653 | |||||||||||||||
| Maintenance and service | 19,098 | 21,310 | 79,386 | 85,126 | |||||||||||||||
| Total cost of sales | 36,992 | 39,769 | 147,246 | 153,386 | |||||||||||||||
| Gross profit | 214,655 | 214,606 | 795,507 | 782,635 | |||||||||||||||
| Operating expenses: | |||||||||||||||||||
| Selling, general and administrative | 71,963 | 72,374 | 253,603 | 246,376 | |||||||||||||||
| Research and development | 41,392 | 42,170 | 168,831 | 165,421 | |||||||||||||||
| Amortization | 4,357 | 6,014 | 19,394 | 23,388 | |||||||||||||||
| Total operating expenses | 117,712 | 120,558 | 441,828 | 435,185 | |||||||||||||||
| Operating income | 96,943 | 94,048 | 353,679 | 347,450 | |||||||||||||||
| Interest income | 704 | 796 | 2,829 | 3,002 | |||||||||||||||
| Other income (expense), net | 153 | (963 | ) | 257 | (2,313 | ) | |||||||||||||
| Income before income tax provision | 97,800 | 93,881 | 356,765 | 348,139 | |||||||||||||||
| Income tax provision | 29,779 | 24,248 | 104,244 | 93,449 | |||||||||||||||
| Net income | $ | 68,021 | $ | 69,633 | $ | 252,521 | $ | 254,690 | |||||||||||
| Earnings per share – basic: | |||||||||||||||||||
| Basic earnings per share | $ | 0.77 | $ | 0.76 | $ | 2.82 | $ | 2.77 | |||||||||||
| Weighted average shares – basic | 88,626 | 91,595 | 89,561 | 92,067 | |||||||||||||||
| Earnings per share – diluted: | |||||||||||||||||||
| Diluted earnings per share | $ | 0.75 | $ | 0.74 | $ | 2.76 | $ | 2.70 | |||||||||||
| Weighted average shares – diluted | 90,549 | 93,584 | 91,502 | 94,194 | |||||||||||||||
