In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues [+] | 612.7 | 556.8 | 470.5 | 388.5 | 320.6 | 226.5 | 157.4 | 118.3 |
Licensing | 327.0 | 300.9 | 270.8 | 238.7 | 204.4 | 145.2 | 99.9 | |
Services | 56.2 | 52.4 | 39.1 | 29.4 | 27.1 | | | |
Technology services | 56.2 | 52.4 | 39.1 | 29.4 | 27.1 | 21.5 | 16.1 | |
Revenue growth | 10.0% | 18.4% | 21.1% | 21.2% | 41.5% | 44.0% | 33.1% | 46.8% |
Cost of goods sold [+] | 169.5 | 139.6 | 113.1 | 78.1 | 61.9 | 44.1 | 33.1 | 14.0 |
Cost of services | 66.7 | 55.9 | 43.9 | 29.7 | 24.0 | | | |
Cost of technology services | 66.7 | 55.9 | 43.9 | 29.7 | 24.0 | 16.3 | 12.0 | |
Cost of licensing | 12.2 | 8.2 | 7.3 | 5.1 | 3.5 | 3.7 | 3.7 | |
Gross profit | 443.2 | 417.2 | 357.4 | 310.5 | 258.7 | 182.5 | 124.3 | 104.3 |
Gross margin | 72.3% | 74.9% | 76.0% | 79.9% | 80.7% | 80.5% | 79.0% | 88.2% |
Selling, general and administrative [+] | 459.0 | 417.6 | 344.8 | 290.6 | 241.7 | 161.1 | 117.9 | 94.5 |
Sales and marketing | 347.4 | 308.4 | 255.0 | 211.3 | 178.5 | 125.1 | 95.7 | 74.3 |
General and administrative | 111.6 | 109.2 | 89.8 | 79.3 | 63.3 | 36.0 | 22.2 | 20.2 |
Research and development | 74.8 | 72.6 | 60.4 | 40.0 | 24.9 | 13.8 | 8.9 | 8.3 |
Other operating expenses | -78.9 | -64.1 | -51.2 | -34.8 | -27.6 | -20.0 | -15.7 | |
EBITDA [+] | 3.7 | 2.9 | 11.7 | 19.9 | 22.6 | 29.3 | 14.3 | |
EBITDA growth | 28.0% | -75.5% | -41.4% | -12.1% | -22.7% | 105.1% | 820.3% | 217.8% |
EBITDA margin | 0.6% | 0.5% | 2.5% | 5.1% | 7.1% | 12.9% | 9.1% | 1.3% |
Depreciation | 11.5 | 8.7 | 5.9 | 4.4 | 2.8 | 1.5 | 0.9 | |
EBITA | -7.8 | -5.9 | 5.7 | 15.5 | 19.9 | 27.8 | 13.4 | 1.6 |
EBITA margin | -1.3% | -1.1% | 1.2% | 4.0% | 6.2% | 12.3% | 8.5% | 1.3% |
Amortization of intangibles | 3.8 | 3.0 | 2.3 | 0.9 | 0.2 | 0.2 | 0.2 | |
EBIT [+] | -11.6 | -8.9 | 3.4 | 14.6 | 19.7 | 27.6 | 13.2 | 1.6 |
EBIT growth | 31.1% | -359.4% | -76.6% | -25.6% | -28.7% | 109.4% | 748.9% | 2574.1% |
EBIT margin | -1.9% | -1.6% | 0.7% | 3.8% | 6.1% | 12.2% | 8.4% | 1.3% |
Interest expense, net [+] | -0.1 | -0.1 | -0.2 | -0.3 | -0.3 | 0.5 | 0.9 | 0.4 |
Interest expense | | | | | | 0.5 | 0.9 | 0.4 |
Interest income | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | | | |
Other income (expense), net [+] | -6.9 | -2.0 | -2.8 | -3.1 | -1.1 | -6.4 | -3.6 | 3.7 |
Gain (loss) on foreign currency transactions | -6.9 | -2.0 | -2.8 | -3.1 | -1.1 | | | |
Pre-tax income | -18.4 | -10.7 | 0.9 | 11.7 | 18.9 | 20.7 | 8.6 | 4.9 |
Income taxes | 18.0 | 13.9 | 10.9 | 7.9 | 9.8 | 7.2 | 1.8 | 1.9 |
Tax rate | | | 1208.8% | 67.3% | 52.1% | 34.7% | 20.6% | 38.3% |
Net income | -36.5 | -24.6 | -10.0 | 3.8 | 9.0 | 13.5 | 6.9 | 3.0 |
Net margin | -6.0% | -4.4% | -2.1% | 1.0% | 2.8% | 6.0% | 4.4% | 2.5% |
|
Basic EPS [+] | ($0.40) | ($0.27) | ($0.11) | $0.04 | $0.11 | $0.30 | $0.42 | $0.21 |
Growth | 44.5% | 140.8% | -353.2% | -59.2% | -63.1% | -29.2% | 104.9% | -862.7% |
Diluted EPS [+] | ($0.40) | ($0.27) | ($0.11) | $0.04 | $0.11 | $0.26 | $0.33 | $0.18 |
Growth | 44.5% | 140.8% | -359.8% | -58.6% | -59.3% | -21.4% | 82.2% | -771.7% |
|
Shares outstanding (basic) [+] | 92.1 | 89.9 | 87.7 | 85.4 | 82.0 | 45.2 | 16.3 | 14.6 |
Growth | 2.5% | 2.5% | 2.7% | 4.1% | 81.4% | 178.1% | 11.8% | 7.6% |
Shares outstanding (diluted) [+] | 92.1 | 89.9 | 87.7 | 87.6 | 85.6 | 52.1 | 20.8 | 16.5 |
Growth | 2.5% | 2.5% | 0.1% | 2.4% | 64.4% | 150.6% | 25.8% | 22.2% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |