Manhattan Associates (MANH) 10-Q 31 Oct 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Oct. 29, 2013
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'MANH	'
Entity Registrant Name	'MANHATTAN ASSOCIATES INC	'
Entity Central Index Key	'0001056696	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	19,207,191

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current Assets:	'	'
Cash and cash equivalents	$118,237	$96,737
Short term investments	7,656	6,310
Accounts receivable, net of allowance of $4,654 and $6,235 in 2013 and 2012, respectively	68,223	62,102
Deferred income taxes	7,525	7,787
Prepaid expenses and other current assets	7,061	8,571
Total current assets	208,702	181,507
Property and equipment, net	14,248	15,650
Goodwill, net	62,269	62,265
Deferred income taxes	675	732
Other assets	1,550	1,659
Total assets	287,444	261,813
Current liabilities:	'	'
Accounts payable	8,500	10,229
Accrued compensation and benefits	16,253	16,720
Accrued and other liabilities	10,331	12,233
Deferred revenue	54,775	47,935
Income taxes payable	9,934	4,024
Total current liabilities	99,793	91,141
Other non-current liabilities	10,761	9,163
Shareholders' equity:	'	'
Preferred stock, no par value; 20,000,000 shares authorized, no shares issued or outstanding in 2013 and 2012	'	'
Common stock, $.01 par value; 100,000,000 shares authorized; 19,212,561 and 19,620,967 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	192	196
Retained earnings	184,676	166,016
Accumulated other comprehensive loss	-7,978	-4,703
Total shareholders' equity	176,890	161,509
Total liabilities and shareholders' equity	$287,444	$261,813

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Accounts receivable, allowance	$4,654	$6,235
Preferred stock, par value	'	'
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	19,212,561	19,620,967
Common stock, shares outstanding	19,212,561	19,620,967

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenue:	'	'	'	'
Software license	$14,768	$16,164	$45,149	$47,096
Services	85,025	71,886	238,115	211,578
Hardware and other	8,009	7,791	23,655	22,215
Total revenue	107,802	95,841	306,919	280,889
Costs and expenses:	'	'	'	'
Cost of license	2,445	2,086	6,160	5,351
Cost of services	35,835	32,614	105,939	94,646
Cost of hardware and other	6,812	6,428	20,049	18,416
Research and development	10,906	11,400	33,414	33,753
Sales and marketing	9,863	10,999	33,185	34,817
General and administrative	9,755	9,258	27,195	28,806
Depreciation and amortization	1,414	1,379	4,357	4,141
Total costs and expenses	77,030	74,164	230,299	219,930
Operating income	30,772	21,677	76,620	60,959
Other income (loss), net	546	-247	1,940	431
Income before income taxes	31,318	21,430	78,560	61,390
Income tax provision	11,630	7,621	28,110	22,007
Net income	$19,688	$13,809	$50,450	$39,383
Basic earnings per share	$1.03	$0.71	$2.62	$1.99
Diluted earnings per share	$1.02	$0.69	$2.58	$1.93
Weighted average number of shares:	'	'	'	'
Basic	19,113	19,568	19,220	19,745
Diluted	19,388	20,130	19,526	20,372

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Net income	$19,688	$13,809	$50,450	$39,383
Other comprehensive income, net of tax:	'	'	'	'
Foreign currency translation adjustment	-424	1,868	-3,275	1,134
Unrealized loss on investments	'	'	'	92
Other comprehensive income	-424	1,868	-3,275	1,226
Comprehensive income	$19,264	$15,677	$47,175	$40,609

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Operating activities:	'	'
Net income	$50,450	$39,383
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	4,357	4,141
Equity-based compensation	5,249	5,795
Loss (gain) on disposal of equipment	32	-46
Tax benefit of stock awards exercised/vested	6,301	7,034
Excess tax benefits from equity-based compensation	-6,005	-5,726
Deferred income taxes	1,448	2,807
Unrealized foreign currency loss	56	411
Changes in operating assets and liabilities:	'	'
Accounts receivable, net	-6,313	-16,772
Other assets	1,472	1,215
Accounts payable, accrued and other liabilities	-4,602	-1,595
Income taxes	6,906	12,266
Deferred revenue	7,035	2,494
Net cash provided by operating activities	66,386	51,407
Investing activities:	'	'
Purchase of property and equipment	-3,201	-4,336
Net purchases of investments	-2,254	-236
Net cash used in investing activities	-5,455	-4,572
Financing activities:	'	'
Purchase of common stock	-48,715	-71,667
Proceeds from issuance of common stock from options exercised	5,369	25,708
Excess tax benefits from equity-based compensation	6,005	5,726
Net cash used in financing activities	-37,341	-40,233
Foreign currency impact on cash	-2,090	308
Net change in cash and cash equivalents	21,500	6,910
Cash and cash equivalents at beginning of period	96,737	92,180
Cash and cash equivalents at end of period	$118,237	$99,090

Basis_of_Presentation_and_Prin

Basis of Presentation and Principles of Consolidation	9 Months Ended
	Sep. 30, 2013
Basis of Presentation and Principles of Consolidation	'
	1	Basis of Presentation and Principles of Consolidation
	Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements of Manhattan Associates, Inc. and its subsidiaries (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information, with the instructions to Form 10-Q and with Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required for complete financial statements. In the opinion of management, these condensed consolidated financial statements contain all normal recurring adjustments considered necessary for a fair presentation of the Company’s financial position at September 30, 2013, the results of operations for the three and nine months ended September 30, 2013 and 2012, and cash flows for the nine months ended September 30, 2013 and 2012. The results for the three and nine months ended September 30, 2013 are not necessarily indicative of the results to be expected for the full year. These statements should be read in conjunction with the Company’s audited consolidated financial statements and management’s discussion and analysis included in the Company’s annual report on Form 10-K for the year ended December 31, 2012.
	Principles of Consolidation
	The accompanying condensed consolidated financial statements include the Company’s accounts and the accounts of its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.

Revenue_Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2013
Revenue Recognition	'
	2	Revenue Recognition
	The Company’s revenue consists of fees from the licensing and hosting of software (collectively included in “Software license” revenue in the Condensed Consolidated Statements of Income), fees from implementation and training services (collectively, “professional services”) and customer support services and software enhancements (collectively included in “Services” revenue in the Condensed Consolidated Statements of Income), and sales of hardware and other revenue, which consists of reimbursements of out-of-pocket expenses incurred in connection with professional services rendered (collectively included in “Hardware and other” revenue in the Condensed Consolidated Statements of Income). All revenue is recognized net of any related sales taxes.
	The Company recognizes license revenue when the following criteria are met: (1) a signed contract is obtained covering all elements of the arrangement, (2) delivery of the product has occurred, (3) the license fee is fixed or determinable, and (4) collection is probable. Revenue recognition for software with multiple-element arrangements requires recognition of revenue using the “residual method” when (a) there is vendor-specific objective evidence (VSOE) of the fair values of all undelivered elements in a multiple-element arrangement that is not accounted for using long-term contract accounting, (b) VSOE of fair value does not exist for one or more of the delivered elements in the arrangement, and (c) all other applicable revenue-recognition criteria for software revenue recognition, are satisfied. For those contracts that contain significant customization or modifications, license revenue is recognized using contract accounting.
	The Company allocates revenue to customer support services and software enhancements and any other undelivered elements of the arrangement based on VSOE of fair value of each element and such amounts are deferred until the applicable delivery criteria and other revenue recognition criteria have been met. The balance of the revenue, net of any discounts inherent in the arrangement, is recognized at the outset of the arrangement using the residual method as the product licenses are delivered. If the Company cannot objectively determine the fair value of each undelivered element based on the VSOE of fair value, the Company defers revenue recognition until all elements are delivered, all services have been performed, or until fair value can be objectively determined. The Company must apply judgment in determining all elements of the arrangement and in determining the VSOE of fair value for each element, considering the price charged for each product on a stand-alone basis or applicable renewal rates. For arrangements that include future software functionality deliverables, the Company accounts for these deliverables as a separate element of the arrangement. Because the Company does not sell these deliverables on a standalone basis, the Company is not able to establish VSOE of fair value of these deliverables. As a result, the Company defers all revenue under the arrangement until the future functionality has been delivered to the customer.
	Payment terms for the Company’s software licenses vary. Each contract is evaluated individually to determine whether the fees in the contract are fixed or determinable and whether collectibility is probable. Judgment is required in assessing the probability of collection, which is generally based on evaluation of customer-specific information, historical collection experience, and economic market conditions. If market conditions decline, or if the financial conditions of customers deteriorate, the Company may be unable to determine that collectibility is probable, and the Company could be required to defer the recognition of revenue until the Company receives customer payments. The Company has an established history of collecting under the terms of its software license contracts without providing refunds or concessions to its customers. Therefore, the Company has determined that the presence of payment terms that extend beyond contract execution in a particular contract do not preclude the conclusion that the fees in the contract are fixed or determinable. Although infrequent, when payment terms in a contract extend beyond twelve months, the Company has determined that such fees are not fixed or determinable and recognizes revenue as payments become due provided that all other conditions for revenue recognition have been met.
	The Company’s services revenue consists of fees generated from professional services and customer support and software enhancements related to the Company’s software products. Professional services include system planning, design, configuration, testing and other software implementation support and are not typically essential to the functionality of our software. Fees from professional services performed by the Company are separately priced and are generally billed on an hourly basis, and revenue is recognized as the services are performed. In certain situations, professional services are rendered under agreements in which billings are limited to contractual maximums or based upon a fixed-fee for portions of or all of the engagement. Revenue related to fixed-fee based contracts is recognized on a proportional performance basis based on the hours incurred on discrete projects within an overall services arrangement. The Company has determined that output measures, or services delivered, approximate the input measures associated with fixed-fee services arrangements. Project losses are provided for in their entirety in the period in which they become known. Revenue related to customer support services and software enhancements is generally paid in advance and recognized ratably over the term of the agreement, typically twelve months.
	Hardware and other revenue is generated from the resale of a variety of hardware products, developed and manufactured by third parties, that are integrated with and complementary to the Company’s software solutions. As part of a complete solution, the Company’s customers periodically purchase hardware from the Company for use with the software licenses purchased from the Company. These products include computer hardware, radio frequency terminal networks, radio frequency identification (RFID) chip readers, bar code printers and scanners, and other peripherals. Hardware revenue is recognized upon shipment to the customer when title passes. The Company generally purchases hardware from the Company’s vendors only after receiving an order from a customer. As a result, the Company generally does not maintain hardware inventory.
	In accordance with the other presentation matters within the Revenue Recognition Topic of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification, the Company recognizes amounts associated with reimbursements from customers for out-of-pocket expenses as revenue. Such amounts have been included in “Hardware and other” revenue in the Condensed Consolidated Statements of Income. The total amount of expense reimbursement recorded to revenue was $4.1 million and $3.6 million for the three months ended September 30, 2013 and 2012, respectively, and $11.3 million and $9.2 million for the nine months ended September 30, 2013 and 2012, respectively.

Fair_Value_Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 2013
Fair Value Measurement	'
	3	Fair Value Measurement
	The Company measures its investments based on a fair value hierarchy disclosure framework that prioritizes and ranks the level of market price observability used in measuring assets and liabilities at fair value. Market price observability is affected by a number of factors, including the type of asset or liability and their characteristics. This hierarchy prioritizes the inputs into three broad levels as follows:
		•	Level 1–Quoted prices in active markets for identical instruments.
		•	Level 2–Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets.
		•	Level 3–Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
	The Company’s investments are categorized as available-for-sale securities and recorded at fair market value. Investments with maturities of 90 days or less from the date of purchase are classified as cash equivalents; investments with maturities of greater than 90 days from the date of purchase but less than one year are generally classified as short-term investments; and investments with maturities of one year or greater from the date of purchase are generally classified as long-term investments. Unrealized holding gains and losses are reflected as a net amount in a separate component of shareholders’ equity until realized. For the purposes of computing realized gains and losses, cost is determined on a specific identification basis.
	At September 30, 2013, the Company’s cash, cash equivalents, and short-term investments balances were $76.8 million, $41.4 million, and $7.7 million, respectively. The Company currently has no long-term investments. Cash equivalents consist of highly liquid money market funds and certificates of deposit. Short-term investments consist of certificates of deposit. The Company uses quoted prices from active markets that are classified at Level 1 as a highest level observable input in the disclosure hierarchy framework for all available-for-sale securities. At September 30, 2013 and December 31, 2012, the Company had $30.4 million and $35.2 million in money market funds, respectively, which are classified as Level 1 and are included in cash and cash equivalents on the Condensed Consolidated Balance Sheets. The Company has no investments classified as Level 2 or Level 3.

EquityBased_Compensation

Equity-Based Compensation	9 Months Ended
	Sep. 30, 2013
Equity-Based Compensation	'
	4	Equity-Based Compensation
	In January 2012, in order to simplify equity grant administration, the Company changed its practice of granting restricted stock in favor of granting restricted stock units, or RSUs, which convert to the Company’s common stock upon vesting. There is no material difference between the grant of restricted stock and the grant of RSUs to either the Company or the recipients receiving the grants; however, in contrast to the granting of restricted stock, no stock will actually be issued under the granting of RSUs until the units vest. The Company does not currently grant stock options.
	The Company recorded equity-based compensation related to stock options granted in prior years of $11,000 and $138,000 during the three months ended September 30, 2013 and 2012, respectively, and $170,000 and $398,000 for the nine months ended September 30, 2013 and 2012, respectively.
	A summary of changes in outstanding options for the nine months ended September 30, 2013 is as follows:
			Number of Options
	Outstanding at December 31, 2012			371,750
	Exercised			(236,592	)
	Forfeited and expired			(6,906	)
	Outstanding at September 30, 2013			128,252
	The Company granted 278 RSUs and 10,830 RSUs during the three months ended September 30, 2013 and 2012, respectively, and 211,570 RSUs and 226,905 RSUs during the nine months ended September 30, 2013 and 2012, respectively. The Company recorded equity-based compensation expense related to restricted stock and RSUs of $1.2 million and $2.0 million during the three months ended September 30, 2013 and 2012, respectively, and $5.1 million and $5.4 million during the nine months ended September 30, 2013 and 2012.
	A summary of changes in unvested shares/units for the nine months ended September 30, 2013 is as follows:
			Number of shares/units
	Outstanding at December 31, 2012			597,199
	Granted			211,570
	Vested			(223,633	)
	Forfeited			(135,038	)
	Outstanding at September 30, 2013			450,098

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Taxes	'
	5	Income Taxes
	The Company’s effective tax rate was 37.1% and 35.6% for the quarters ended September 30, 2013 and 2012, respectively, and 35.8% for the nine months ended September 30 2013 and 2012. The effective rate for the three and nine months ended September 30, 2013 include the reinstatement of the federal research and development tax credit in January 2013 for the 2012 and 2013 tax years. In addition, the effective tax rate for the three and nine months ended September 30, 2013 included the establishment of US federal and state income tax reserves and the reversal of certain domestic tax reserves due to the expiration of the applicable statute of limitations.
	The Company applies the provisions for income taxes related to, among other things, accounting for uncertain tax positions and disclosure requirements in accordance with the Income Taxes Topic of the FASB Accounting Standards Codification (ASC 740). For the three months ended September 30, 2013, the Company’s uncertain tax positions increased $0.6 million. There has been no change to the Company’s policy that recognizes potential interest and penalties related to uncertain tax positions within its global operations in income tax expense.
	The Company conducts business globally and, as a result, files income tax returns in the U.S. federal jurisdiction and in many state and foreign jurisdictions. The Company is no longer subject to income tax examinations for the years before 2010 in the U.S. federal, substantially all state and local, and substantially all non-US jurisdictions.

Net_Earnings_Per_Share

Net Earnings Per Share	9 Months Ended
	Sep. 30, 2013
Net Earnings Per Share	'
	6	Net Earnings Per Share
	Basic net earnings per share is computed using net income divided by the weighted average number of shares of common stock outstanding (“Weighted Shares”) for each period presented. Diluted net earnings per share is computed using net income divided by the sum of Weighted Shares and common equivalent shares (CESs) outstanding for each period presented using the treasury stock method.
	The following is a reconciliation of the net income and share amounts used in the computation of basic and diluted net earnings per common share for the three and nine months ended September 30, 2013 and 2012 (in thousands, except per share data):
			Three Months Ended September 30,						Nine Months Ended September 30,
			2013			2012			2013			2012
			(in thousands, except per share data)						(in thousands, except per share data)
	Net income		$	19,688		$	13,809		$	50,450		$	39,383
	Earnings per share:
	Basic		$	1.03		$	0.71		$	2.62		$	1.99
	Effect of CESs			(0.01	)		(0.02	)		(0.04	)		(0.06	)
	Diluted		$	1.02		$	0.69		$	2.58		$	1.93
	Weighted average number of shares:
	Basic			19,113			19,568			19,220			19,745
	Effect of CESs			275			562			306			627
	Diluted			19,388			20,130			19,526			20,372
	There were no anti-dilutive CESs during 2012 and 2013.

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2013
Contingencies	'
	7	Contingencies
	From time to time, the Company may be involved in litigation relating to claims arising out of its ordinary course of business, and occasionally legal proceedings not in the ordinary course. Many of the Company’s product installations involve software products that are critical to the operations of its customers’ businesses. Any failure in a product could result in a claim for substantial damages against the Company, regardless of its responsibility for such failure. Although the Company attempts to limit contractually its liability for damages arising from product failures or negligent acts or omissions, there can be no assurance that the limitations of liability set forth in the Company’s contracts will be enforceable in all instances. The Company is not presently involved in any material litigation. The Company expenses legal costs associated with loss contingencies as such claims are incurred.

Operating_Segments

Operating Segments	9 Months Ended
	Sep. 30, 2013
Operating Segments	'
	8	Operating Segments
	The Company operates its business in three geographical segments: the Americas (North America and Latin America); Europe, Middle East, and Africa (EMEA); and Asia Pacific (APAC). The information for the periods presented below reflects these segments. All segments derive revenue from the sale and implementation of the Company’s supply chain execution and planning solutions. The individual products sold by the segments are similar in nature and are all designed to help companies manage the effectiveness and efficiency of their supply chain. The Company uses the same accounting policies for each operating segment. The Chief Executive Officer and Chief Financial Officer evaluate performance based on revenue and operating results for each region.
	The Americas segment charges royalty fees to the EMEA and APAC segments based on software licenses sold by those operating segments. The royalties, which totaled approximately $0.8 million and $0.4 million for the three months ended September 30, 2013 and 2012, respectively, and approximately $2.1 million and $2.3 million for the nine months ended September 30, 2013 and 2012, respectively, are included in cost of revenue in EMEA and APAC with a corresponding reduction in the Americas cost of revenue. The revenues represented below are from external customers only. The geographical-based costs consist of costs of personnel, direct sales and marketing expenses, and general and administrative costs to support the business. There are certain corporate expenses included in the Americas region that are not charged to the other segments, including research and development, certain marketing and general and administrative costs that support the global organization, and the amortization of acquired developed technology. Included in the Americas costs are all research and development costs including the costs associated with the Company’s India operations.
	The following table presents the revenues, expenses and operating income by reporting segment for the three and nine months ended September 30, 2013 and 2012 (in thousands):
			Three Months Ended September 30,
			2013								2012
			Americas		EMEA		APAC		Consolidated		Americas		EMEA		APAC		Consolidated
	Revenue:
	License		$	11,708	$	1,793	$	1,267	$	14,768	$	14,649	$	796	$	719	$	16,164
	Services			68,868		10,515		5,642		85,025		57,677		9,479		4,730		71,886
	Hardware and other			7,401		378		230		8,009		7,331		314		146		7,791
	Total revenue			87,977		12,686		7,139		107,802		79,657		10,589		5,595		95,841
	Costs and Expenses:
	Cost of revenue			35,246		6,522		3,324		45,092		32,959		5,298		2,871		41,128
	Operating expenses			25,844		3,453		1,227		30,524		27,716		2,517		1,424		31,657
	Depreciation and amortization			1,274		78		62		1,414		1,264		67		48		1,379
	Total costs and expenses			62,364		10,053		4,613		77,030		61,939		7,882		4,343		74,164
	Operating income		$	25,613	$	2,633	$	2,526	$	30,772	$	17,718	$	2,707	$	1,252	$	21,677
			Nine Months Ended September 30,
			2013								2012
			Americas		EMEA		APAC		Consolidated		Americas		EMEA		APAC		Consolidated
	Revenue:
	Software license		$	36,699	$	4,230	$	4,220	$	45,149	$	37,999	$	8,112	$	985	$	47,096
	Services			192,658		30,755		14,702		238,115		171,142		26,285		14,151		211,578
	Hardware and other			22,040		1,096		519		23,655		20,805		933		477		22,215
	Total revenue			251,397		36,081		19,441		306,919		229,946		35,330		15,613		280,889
	Costs and Expenses:
	Cost of revenue			103,495		18,894		9,759		132,148		92,674		17,377		8,362		118,413
	Operating expenses			80,133		9,836		3,825		93,794		83,939		9,533		3,904		97,376
	Depreciation and amortization			3,936		229		192		4,357		3,800		189		152		4,141
	Total costs and expenses			187,564		28,959		13,776		230,299		180,413		27,099		12,418		219,930
	Operating income		$	63,833	$	7,122	$	5,665	$	76,620	$	49,533	$	8,231	$	3,195	$	60,959
	License revenues related to the Company’s warehouse and non-warehouse product groups for the three and nine months ended September 30, 2013 and 2012 are as follows (in thousands):
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2013		2012		2013		2012
	Warehouse		$	10,611	$	11,680	$	29,237	$	30,103
	Non-Warehouse			4,157		4,484		15,912		16,993
	Total software license revenue		$	14,768	$	16,164	$	45,149	$	47,096
	The Company’s services revenues, which consist of fees generated from professional services and customer support and software enhancements related to its software products, for the three and nine months ended September 30, 2013 and 2012 are as follows (in thousands):
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2013		2012		2013		2012
	Professional services		$	57,690	$	47,082	$	159,333	$	139,200
	Customer support and software enhancements			27,335		24,804		78,782		72,378
	Total services revenue		$	85,025	$	71,886	$	238,115	$	211,578

New_Accounting_Pronouncements

New Accounting Pronouncements	9 Months Ended
	Sep. 30, 2013
New Accounting Pronouncements	'
	9	New Accounting Pronouncements
	In February 2013, the FASB issued an Accounting Standards Update (ASU) on reporting of amounts reclassified out of accumulated other comprehensive income, an amendment to the Presentation of Comprehensive Income Topic of the FASB Accounting Standards Codification. The ASU requires disclosure of amounts reclassified out of accumulated other comprehensive income by component. In addition, companies are required to present either on the face of the financial statements or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income, but only if the amount reclassified is required to be reclassified to net income in its entirety in the same reporting period. For amounts that are not required to be reclassified in their entirety to net income, companies are required to cross-reference to other disclosures that provide additional detail about those amounts. This guidance is effective prospectively for annual and interim periods beginning after December 15, 2012. The Company adopted the ASU in its first quarter of 2013 reporting, which did not have an impact on its financial statements.
	In July 2013, the FASB issued an ASU on presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists, an amendment to the Income Taxes Topic of the FASB Accounting Standards Codification. The ASU requires companies to net the liability related to an unrecognized tax benefit against a deferred tax asset for a loss or other carryforward that would apply in settlement of the uncertain tax positions. In addition, under this ASU, unrecognized tax benefits will be netted against all available same-jurisdiction loss or other tax carryforwards that would be utilized, rather than only against carryforwards that are created by the unrecognized tax benefits. This guidance is effective prospectively for annual and interim periods beginning after December 15, 2013. The Company does not anticipate the adoption of this ASU will have a material impact on its financial statements.

EquityBased_Compensation_Table

Equity-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Summary of Changes in Outstanding Options	'
	A summary of changes in outstanding options for the nine months ended September 30, 2013 is as follows:
		Number of Options
	Outstanding at December 31, 2012		371,750
	Exercised		(236,592	)
	Forfeited and expired		(6,906	)
	Outstanding at September 30, 2013		128,252
Summary of Changes in Unvested Shares/Units	'
	A summary of changes in unvested shares/units for the nine months ended September 30, 2013 is as follows:
		Number of shares/units
	Outstanding at December 31, 2012		597,199
	Granted		211,570
	Vested		(223,633	)
	Forfeited		(135,038	)
	Outstanding at September 30, 2013		450,098

Net_Earnings_Per_Share_Tables

Net Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2013
Reconciliation of Net Income and Share Amounts in Computation of Basic and Diluted Net Earnings Per Common Share	'
	The following is a reconciliation of the net income and share amounts used in the computation of basic and diluted net earnings per common share for the three and nine months ended September 30, 2013 and 2012 (in thousands, except per share data):
		Three Months Ended September 30,						Nine Months Ended September 30,
		2013			2012			2013			2012
		(in thousands, except per share data)						(in thousands, except per share data)
	Net income	$	19,688		$	13,809		$	50,450		$	39,383
	Earnings per share:
	Basic	$	1.03		$	0.71		$	2.62		$	1.99
	Effect of CESs		(0.01	)		(0.02	)		(0.04	)		(0.06	)
	Diluted	$	1.02		$	0.69		$	2.58		$	1.93
	Weighted average number of shares:
	Basic		19,113			19,568			19,220			19,745
	Effect of CESs		275			562			306			627
	Diluted		19,388			20,130			19,526			20,372

Operating_Segments_Tables

Operating Segments (Tables)	9 Months Ended
	Sep. 30, 2013
Revenues, Expenses and Operating Income by Reporting Segment	'
	The following table presents the revenues, expenses and operating income by reporting segment for the three and nine months ended September 30, 2013 and 2012 (in thousands):
		Three Months Ended September 30,
		2013								2012
		Americas		EMEA		APAC		Consolidated		Americas		EMEA		APAC		Consolidated
	Revenue:
	License	$	11,708	$	1,793	$	1,267	$	14,768	$	14,649	$	796	$	719	$	16,164
	Services		68,868		10,515		5,642		85,025		57,677		9,479		4,730		71,886
	Hardware and other		7,401		378		230		8,009		7,331		314		146		7,791
	Total revenue		87,977		12,686		7,139		107,802		79,657		10,589		5,595		95,841
	Costs and Expenses:
	Cost of revenue		35,246		6,522		3,324		45,092		32,959		5,298		2,871		41,128
	Operating expenses		25,844		3,453		1,227		30,524		27,716		2,517		1,424		31,657
	Depreciation and amortization		1,274		78		62		1,414		1,264		67		48		1,379
	Total costs and expenses		62,364		10,053		4,613		77,030		61,939		7,882		4,343		74,164
	Operating income	$	25,613	$	2,633	$	2,526	$	30,772	$	17,718	$	2,707	$	1,252	$	21,677
		Nine Months Ended September 30,
		2013								2012
		Americas		EMEA		APAC		Consolidated		Americas		EMEA		APAC		Consolidated
	Revenue:
	Software license	$	36,699	$	4,230	$	4,220	$	45,149	$	37,999	$	8,112	$	985	$	47,096
	Services		192,658		30,755		14,702		238,115		171,142		26,285		14,151		211,578
	Hardware and other		22,040		1,096		519		23,655		20,805		933		477		22,215
	Total revenue		251,397		36,081		19,441		306,919		229,946		35,330		15,613		280,889
	Costs and Expenses:
	Cost of revenue		103,495		18,894		9,759		132,148		92,674		17,377		8,362		118,413
	Operating expenses		80,133		9,836		3,825		93,794		83,939		9,533		3,904		97,376
	Depreciation and amortization		3,936		229		192		4,357		3,800		189		152		4,141
	Total costs and expenses		187,564		28,959		13,776		230,299		180,413		27,099		12,418		219,930
	Operating income	$	63,833	$	7,122	$	5,665	$	76,620	$	49,533	$	8,231	$	3,195	$	60,959
License Revenue	'
Revenues	'
	License revenues related to the Company’s warehouse and non-warehouse product groups for the three and nine months ended September 30, 2013 and 2012 are as follows (in thousands):
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2013		2012		2013		2012
	Warehouse	$	10,611	$	11,680	$	29,237	$	30,103
	Non-Warehouse		4,157		4,484		15,912		16,993
	Total software license revenue	$	14,768	$	16,164	$	45,149	$	47,096
Sales Revenue, Services, Net	'
Revenues	'
	The Company’s services revenues, which consist of fees generated from professional services and customer support and software enhancements related to its software products, for the three and nine months ended September 30, 2013 and 2012 are as follows (in thousands):
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2013		2012		2013		2012
	Professional services	$	57,690	$	47,082	$	159,333	$	139,200
	Customer support and software enhancements		27,335		24,804		78,782		72,378
	Total services revenue	$	85,025	$	71,886	$	238,115	$	211,578

Revenue_Recognition_Additional

Revenue Recognition - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenue Recognition [Line Items]	'	'	'	'
Expense reimbursement recorded to revenue	$4.10	$3.60	$11.30	$9.20

Fair_Value_Measurement_Additio

Fair Value Measurement - Additional Information (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Cash balance	$76,800,000	'
Cash equivalents	41,400,000	'
Short-term investments	7,656,000	6,310,000
Money Market Funds	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale securities	$30,400,000	$35,200,000

EquityBased_Compensation_Addit

Equity-Based Compensation - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Stock option expense	$11,000	$138,000	$170,000	$398,000
Number of restricted stock units/shares, Granted	278	10,830	211,570	226,905
Restricted stock expense	$1,200,000	$2,000,000	$5,100,000	$5,400,000

Summary_of_Changes_in_Outstand

Summary of Changes in Outstanding Options (Detail)	9 Months Ended
	Sep. 30, 2013
Number of Options	'
Number of Options, Outstanding at December 31, 2012	371,750
Number of Options, Exercised	-236,592
Number of Options, Forfeited and expired	-6,906
Number of Options, Outstanding at September 30, 2013	128,252

Summary_of_Changes_in_Unvested

Summary of Changes in Unvested Shares of Restricted Stock (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Number of units, Granted	278	10,830	211,570	226,905
Restricted Stock and Restricted Stock Unit	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Number of shares/units, Outstanding at December 31, 2012	'	'	597,199	'
Number of units, Granted	'	'	211,570	'
Number of shares/units, Vested	'	'	-223,633	'
Number of shares/units, Forfeited	'	'	-135,038	'
Number of shares/units, Outstanding at September 30, 2013	450,098	'	450,098	'

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Reconciliation of Effective Income Tax Rate [Line Items]	'	'	'	'
Effective tax rate	37.10%	35.60%	35.80%	35.80%
Increase in uncertain tax position	$0.60	'	'	'

Reconciliation_of_Net_Income_a

Reconciliation of Net Income and Shares Amounts in Computation of Basic and Diluted Net Earnings Per Common Share (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]	'	'	'	'
Net income	$19,688	$13,809	$50,450	$39,383
Earnings per share:	'	'	'	'
Basic	$1.03	$0.71	$2.62	$1.99
Effect of CESs	($0.01)	($0.02)	($0.04)	($0.06)
Diluted	$1.02	$0.69	$2.58	$1.93
Weighted average number of shares:	'	'	'	'
Basic	19,113	19,568	19,220	19,745
Effect of CESs	275	562	306	627
Diluted	19,388	20,130	19,526	20,372

Operating_Segments_Additional_

Operating Segments - Additional Information (Detail) (Americas, USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Americas	'	'	'	'
Segment Reporting Disclosure [Line Items]	'	'	'	'
Americas royalty fees	$0.80	$0.40	$2.10	$2.30

Revenues_Expenses_and_Operatin

Revenues, Expenses and Operating Income by Reporting Segment (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Segment Reporting Information [Line Items]	'	'	'	'
License	$14,768	$16,164	$45,149	$47,096
Services	85,025	71,886	238,115	211,578
Hardware and other	8,009	7,791	23,655	22,215
Total revenue	107,802	95,841	306,919	280,889
Cost of revenue	45,092	41,128	132,148	118,413
Operating expenses	30,524	31,657	93,794	97,376
Depreciation and amortization	1,414	1,379	4,357	4,141
Total costs and expenses	77,030	74,164	230,299	219,930
Operating income	30,772	21,677	76,620	60,959
Americas	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
License	11,708	14,649	36,699	37,999
Services	68,868	57,677	192,658	171,142
Hardware and other	7,401	7,331	22,040	20,805
Total revenue	87,977	79,657	251,397	229,946
Cost of revenue	35,246	32,959	103,495	92,674
Operating expenses	25,844	27,716	80,133	83,939
Depreciation and amortization	1,274	1,264	3,936	3,800
Total costs and expenses	62,364	61,939	187,564	180,413
Operating income	25,613	17,718	63,833	49,533
EMEA	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
License	1,793	796	4,230	8,112
Services	10,515	9,479	30,755	26,285
Hardware and other	378	314	1,096	933
Total revenue	12,686	10,589	36,081	35,330
Cost of revenue	6,522	5,298	18,894	17,377
Operating expenses	3,453	2,517	9,836	9,533
Depreciation and amortization	78	67	229	189
Total costs and expenses	10,053	7,882	28,959	27,099
Operating income	2,633	2,707	7,122	8,231
APAC	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
License	1,267	719	4,220	985
Services	5,642	4,730	14,702	14,151
Hardware and other	230	146	519	477
Total revenue	7,139	5,595	19,441	15,613
Cost of revenue	3,324	2,871	9,759	8,362
Operating expenses	1,227	1,424	3,825	3,904
Depreciation and amortization	62	48	192	152
Total costs and expenses	4,613	4,343	13,776	12,418
Operating income	$2,526	$1,252	$5,665	$3,195

License_Revenues_of_Warehouse_

License Revenues of Warehouse and Non-Warehouse Product Groups (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenue from External Customer [Line Items]	'	'	'	'
Total software license revenue	$14,768	$16,164	$45,149	$47,096
Warehouse Product Groups	'	'	'	'
Revenue from External Customer [Line Items]	'	'	'	'
Total software license revenue	10,611	11,680	29,237	30,103
Non-warehouse Product Groups	'	'	'	'
Revenue from External Customer [Line Items]	'	'	'	'
Total software license revenue	$4,157	$4,484	$15,912	$16,993

Services_Revenues_from_Profess

Services Revenues from Professional Services and Customer Support and Software Enhancements (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenue from External Customer [Line Items]	'	'	'	'
Professional services	$57,690	$47,082	$159,333	$139,200
Customer support and software enhancements	27,335	24,804	78,782	72,378
Total services revenue	$85,025	$71,886	$238,115	$211,578