Tyler (TYL) 10-Q 23 Apr 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 18, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Trading Symbol	'TYL	'
Entity Registrant Name	'TYLER TECHNOLOGIES INC	'
Entity Central Index Key	'0000860731	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	33,009,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Revenues:	'	'
Software licenses and royalties	$11,232	$8,830
Subscriptions	20,507	13,473
Software services	24,307	20,461
Maintenance	50,240	46,050
Appraisal services	4,851	5,591
Hardware and other	1,489	1,394
Total revenues	112,626	95,799
Cost of revenues:	'	'
Software licenses and royalties	531	426
Acquired software	481	549
Software services, maintenance and subscriptions	54,999	46,382
Appraisal services	3,311	3,799
Hardware and other	774	798
Total cost of revenues	60,096	51,954
Gross profit	52,530	43,845
Selling, general and administrative expenses	25,367	22,646
Research and development expense	6,172	5,598
Amortization of customer and trade name intangibles	1,129	1,131
Operating income	19,862	14,470
Other expense, net	259	338
Income before income taxes	19,603	14,132
Income tax provision	7,720	5,639
Net income	11,883	8,493
Earnings per common share:	'	'
Basic	$0.36	$0.27
Diluted	$0.33	$0.25
Comprehensive income	$11,883	$8,493

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$97,145	$78,876
Accounts receivable (less allowance for losses of $1274 in 2014 and $1,113 in 2013)	82,334	106,570
Prepaid expenses	15,158	13,522
Income tax receivable	4,290	9,721
Other current assets	933	787
Deferred income taxes	7,759	7,759
Total current assets	207,619	217,235
Accounts receivable, long-term portion	526	588
Property and equipment, net	66,222	64,844
Non-current investments available-for-sale	1,280	1,288
Other assets:	'	'
Goodwill	121,011	121,011
Other intangibles, net	37,376	38,986
Sundry	207	536
Total assets	434,241	444,488
Current liabilities:	'	'
Accounts payable	2,572	2,533
Accrued liabilities	19,512	32,839
Deferred revenue	139,298	156,738
Total current liabilities	161,382	192,110
Deferred income taxes	6,155	6,059
Commitments and contingencies	'	'
Shareholders' equity:	'	'
Preferred stock, $10.00 par value; 1,000,000 shares authorized, none issued	'	'
Common stock, $0.01 par value; 100,000,000 shares authorized; 48,147,969 shares issued in 2014 and 2013	481	481
Additional paid-in capital	187,379	182,176
Accumulated other comprehensive loss, net of tax	-46	-46
Retained earnings	214,093	202,210
Treasury stock, at cost; 15,143,967 and 15,309,940 shares in 2014 and 2013, respectively	-135,203	-138,502
Total shareholders' equity	266,704	246,319
Liabilities and Shareholders' equity, Total	$434,241	$444,488

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement Of Financial Position [Abstract]	'	'
Accounts receivable, allowance for losses	$1,274	$1,113
Preferred stock, par value	$10	$10
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	48,147,969	48,147,969
Treasury stock, shares	15,143,967	15,309,940

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Net income	$11,883	$8,493
Adjustments to reconcile net income to cash provided by operations:	'	'
Depreciation and amortization	3,656	3,322
Share-based compensation expense	3,462	2,575
Excess tax benefit from exercises of share-based arrangements	-2,158	-1,523
Changes in operating assets and liabilities	'	'
Accounts receivable	24,298	22,558
Income tax receivable	7,695	5,638
Prepaid expenses and other current assets	-1,547	-1,204
Accounts payable	39	-579
Accrued liabilities	-13,328	-7,031
Deferred revenue	-17,440	-15,165
Net cash provided by operating activities	16,560	17,084
Cash flows from investing activities:	'	'
Proceeds from sale of investments	8	25
Additions to property and equipment	-3,630	-5,089
Decrease in other	300	239
Net cash used by investing activities	-3,322	-4,825
Cash flows from financing activities:	'	'
Decrease in net borrowings on revolving line of credit	'	-18,000
Contributions from employee stock purchase plan	849	670
Proceeds from exercise of stock options	2,024	1,637
Excess tax benefit from exercises of share-based arrangements	2,158	1,523
Net cash provided (used) by financing activities	5,031	-14,170
Net increase (decrease) in cash and cash equivalents	18,269	-1,911
Cash and cash equivalents at beginning of period	78,876	6,406
Cash and cash equivalents at end of period	$97,145	$4,495

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	(1) Basis of Presentation
	We prepared the accompanying condensed consolidated financial statements following the requirements of the Securities and Exchange Commission (“SEC”) and accounting principles generally accepted in the United States, or GAAP, for interim reporting. As permitted under those rules, certain footnotes or other financial information that are normally required by GAAP can be condensed or omitted for interim period. Balance sheet amounts are as of March 31, 2014 and December 31, 2013 and operating result amounts are for the three months ended March 31, 2014 and 2013, and include all normal and recurring adjustments that we considered necessary for the fair summarized presentation of our financial position and operating results. As these are condensed financial statements, one should also read the financial statements and notes included in our latest Form 10-K for the year ended December 31, 2013. Revenues, expenses, assets and liabilities can vary during each quarter of the year. Therefore, the results and trends in these interim financial statements may not be the same as those for the full year.

Shareholders_Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Shareholders' Equity	'
	(2) Shareholders’ Equity
	The following table details activity in our common stock:
		Three Months ended March 31,
		2014				2013
		Shares		Amount		Shares		Amount
	Stock option exercises		156	$	2,024		138	$	1,637
	Employee stock plan purchases		10		849		16		670
	As of March 31, 2014, we had authorization from our board of directors to repurchase up to 1.7 million additional shares of Tyler common stock.

Revolving_Line_of_Credit

Revolving Line of Credit	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Revolving Line of Credit	'
	(3) Revolving Line of Credit
	In August 2010, we entered into a $150.0 million Credit Agreement (the “Credit Facility”) and a related pledge and security agreement with a group of seven financial institutions with Bank of America, N.A., as Administrative Agent. The Credit Facility provides for a revolving credit line of $150.0 million (which may be increased up to $200.0 million subject to our obtaining commitments for such increase), with a $25.0 million sublimit for letters of credit. The Credit Facility matures on August 11, 2014. Borrowings under the Credit Facility may be used for general corporate purposes, including working capital requirements, acquisitions and share repurchases.
	Borrowings under the Credit Facility bear interest at a rate of either (1) the Bank of America’s prime rate plus a margin of 1.50% to 2.75% or (2) the 30, 60, 90 or 180-day LIBOR rate plus a margin of 2.50% to 3.75%, with the margin determined by our consolidated leverage ratio. The Credit Facility is secured by substantially all of our assets, excluding real property. The Credit Facility requires us to maintain certain financial ratios and other financial conditions and prohibits us from making certain investments, advances, cash dividends or loans, and limits incurrence of additional indebtedness and liens. As of March 31, 2014, we were in compliance with those covenants.
	As of March 31, 2014, we had no outstanding borrowings and available borrowing capacity of $148.0 million under the Credit Facility. We had an outstanding letter of credit totaling $2.0 million as of March 31, 2014. Some of our customers require a letter of credit guaranteeing performance in connection with our contracts. The maximum potential amount of an outstanding performance bond would be the remaining cost of work to be performed under our contracts. The notional amount of performance guarantees outstanding as of March 31, 2014 was estimated to be $29.0 million. This letter of credit is issued under our revolving line of credit and reduces our available borrowing capacity. We do not believe this letter of credit will be required to be drawn upon. The letter of credit expires in 2014.

Income_Tax_Provision

Income Tax Provision	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Provision	'
	(4) Income Tax Provision
	For the three months ended March 31, 2014, we had an effective income tax rate of 39.4% compared to an effective income tax rate of 39.9% for the three months ended months March 31, 2013. The effective income tax rates for the period presented were different from the statutory United States federal income tax rate of 35% primarily due to state income taxes, non-deductible share-based compensation expense, the qualified manufacturing activities deduction, and non-deductible meals and entertainment costs.
	We did not make any federal or state income tax payments in the three months ended March 31, 2014 and March 31, 2013.

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	(5) Earnings Per Share
	The following table details the reconciliation of basic earnings per share to diluted earnings per share:
		Three Months ended
		March 31,
		2014		2013
	Numerator for basic and diluted earnings per share:
	Net income	$	11,883	$	8,493
	Denominator:
	Weighted-average basic common shares outstanding		32,916		31,403
	Assumed conversion of dilutive securities:
	Stock options		2,584		2,545
	Denominator for diluted earnings per share—Adjusted weighted-average shares		35,500		33,948
	Earnings per common share:
	Basic	$	0.36	$	0.27
	Diluted	$	0.33	$	0.25
	For the three months ended March 31, 2014 and March 31, 2013, stock options representing the right to purchase common stock of approximately 302,000 shares and 950,000 shares, respectively, were not included in the computation of diluted earnings per share because their inclusion would have had an anti-dilutive effect.

ShareBased_Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Share-Based Compensation	'
	(6) Share-Based Compensation
	The following table summarizes share-based compensation expense related to share-based awards recorded in the statements of comprehensive income, pursuant to ASC 718, Stock Compensation:
		Three Months ended
		March 31,
		2014		2013
	Cost of software services, maintenance and subscriptions	$	513	$	336
	Selling, general and administrative expense		2,949		2,239
	Total share-based compensation expense	$	3,462	$	2,575

Segment_and_Related_Informatio

Segment and Related Information	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Segment and Related Information	'
	(7) Segment and Related Information
	We are a major provider of integrated information management solutions and services for the public sector, with a focus on local governments.
	We provide our software systems and services and appraisal services through four business units, which focus on the following products:
		•		Financial management and education software solutions;
		•		Financial management, municipal courts, and land and vital records software solutions;
		•		Courts and justice software solutions; and
		•		Appraisal and tax software solutions and property appraisal services.
	In accordance with ASC 280-10, Segment Reporting, the financial management and education software solutions unit, financial management, municipal courts and land and vital records software solutions unit and the courts and justice software solutions unit meet the criteria for aggregation and are presented in one segment, Enterprise Software Solutions (“ESS”). The ESS segment provides municipal and county governments and schools with software systems to meet their information technology and automation needs for mission-critical “back-office” functions such as financial management and courts and justice processes. The Appraisal and Tax Software Solutions and Services (“ATSS”) segment provides systems and software that automate the appraisal and assessment of real and personal property as well as property appraisal outsourcing services for local governments and taxing authorities. Property appraisal outsourcing services include: the physical inspection of commercial and residential properties; data collection and processing; computer analysis for property valuation; preparation of tax rolls; community education; and arbitration between taxpayers and the assessing jurisdiction.
	We evaluate performance based on several factors, of which the primary financial measure is business segment operating income. We define segment operating income as income before noncash amortization of intangible assets associated with their acquisition, interest expense and income taxes. Segment operating income includes intercompany transactions. The majority of intercompany transactions relate to contracts involving more than one unit and are valued based on the contractual arrangement. Segment operating income for corporate primarily consists of compensation costs for the executive management team and certain accounting and administrative staff and share-based compensation expense for the entire company. Corporate segment operating income also includes revenues and expenses related to a company-wide user conference.
	For the Three Months ended March 31, 2014
			Enterprise			Appraisal and Tax
			Software			Software Solutions
			Solutions			and Services			Corporate			Totals
	Revenues
	Software licenses and royalties		$	10,795		$	437		$	—		$	11,232
	Subscriptions			19,722			785			—			20,507
	Software services			22,188			2,119			—			24,307
	Maintenance			46,093			4,147			—			50,240
	Appraisal services			—			4,851			—			4,851
	Hardware and other			1,489			—			—			1,489
	Intercompany			473			—			(473	)		—
	Total revenues		$	100,760		$	12,339		$	(473	)	$	112,626
	Segment operating income		$	25,428		$	1,831		$	(5,787	)	$	21,472
	For the Three Months ended March 31, 2013
			Enterprise			Appraisal and Tax
			Software			Software Solutions
			Solutions			and Services			Corporate			Totals
	Revenues
	Software licenses and royalties		$	8,100		$	730		$	—		$	8,830
	Subscriptions			12,901			572			—			13,473
	Software services			18,741			1,720			—			20,461
	Maintenance			41,882			4,168			—			46,050
	Appraisal services			—			5,591			—			5,591
	Hardware and other			1,394			—			—			1,394
	Intercompany			589			—			(589	)		—
	Total revenues		$	83,607		$	12,781		$	(589	)	$	95,799
	Segment operating income		$	17,828		$	2,326		$	(4,004	)	$	16,150
			Three Months ended
	Reconciliation of reportable segment operating		March 31,
	income to the Company’s consolidated totals:		2014			2013
	Total segment operating income		$	21,472		$	16,150
	Amortization of acquired software			(481	)		(549	)
	Amortization of customer and trade name intangibles			(1,129	)		(1,131	)
	Other expense, net			(259	)		(338	)
	Income before income taxes		$	19,603		$	14,132

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments And Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	(8) Commitments and Contingencies
	Other than routine litigation incidental to our business, there are no material legal proceedings pending to which we are party or to which any of our properties are subject.

Shareholders_Equity_Tables

Shareholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Summary of Activities in Common Stock	'
	The following table details activity in our common stock:
		Three Months ended March 31,
		2014				2013
		Shares		Amount		Shares		Amount
	Stock option exercises		156	$	2,024		138	$	1,637
	Employee stock plan purchases		10		849		16		670

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Computation of Basic Earnings and Diluted Earnings Per Share Data	'
	The following table details the reconciliation of basic earnings per share to diluted earnings per share:
		Three Months ended
		March 31,
		2014		2013
	Numerator for basic and diluted earnings per share:
	Net income	$	11,883	$	8,493
	Denominator:
	Weighted-average basic common shares outstanding		32,916		31,403
	Assumed conversion of dilutive securities:
	Stock options		2,584		2,545
	Denominator for diluted earnings per share—Adjusted weighted-average shares		35,500		33,948
	Earnings per common share:
	Basic	$	0.36	$	0.27
	Diluted	$	0.33	$	0.25

ShareBased_Compensation_Tables

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Summary of Share-Based Compensation Expense Related to Share-Based Awards	'
	The following table summarizes share-based compensation expense related to share-based awards recorded in the statements of comprehensive income, pursuant to ASC 718, Stock Compensation:
		Three Months ended
		March 31,
		2014		2013
	Cost of software services, maintenance and subscriptions	$	513	$	336
	Selling, general and administrative expense		2,949		2,239
	Total share-based compensation expense	$	3,462	$	2,575

Segment_and_Related_Informatio1

Segment and Related Information (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Revenues and Operations	'
	For the Three Months ended March 31, 2014
		Enterprise			Appraisal and Tax
		Software			Software Solutions
		Solutions			and Services			Corporate			Totals
	Revenues
	Software licenses and royalties	$	10,795		$	437		$	—		$	11,232
	Subscriptions		19,722			785			—			20,507
	Software services		22,188			2,119			—			24,307
	Maintenance		46,093			4,147			—			50,240
	Appraisal services		—			4,851			—			4,851
	Hardware and other		1,489			—			—			1,489
	Intercompany		473			—			(473	)		—
	Total revenues	$	100,760		$	12,339		$	(473	)	$	112,626
	Segment operating income	$	25,428		$	1,831		$	(5,787	)	$	21,472
	For the Three Months ended March 31, 2013
		Enterprise			Appraisal and Tax
		Software			Software Solutions
		Solutions			and Services			Corporate			Totals
	Revenues
	Software licenses and royalties	$	8,100		$	730		$	—		$	8,830
	Subscriptions		12,901			572			—			13,473
	Software services		18,741			1,720			—			20,461
	Maintenance		41,882			4,168			—			46,050
	Appraisal services		—			5,591			—			5,591
	Hardware and other		1,394			—			—			1,394
	Intercompany		589			—			(589	)		—
	Total revenues	$	83,607		$	12,781		$	(589	)	$	95,799
	Segment operating income	$	17,828		$	2,326		$	(4,004	)	$	16,150
Reconciliation of Operating Income from Segments to Consolidated	'
	Three Months ended
	Reconciliation of reportable segment operating	March 31,
	income to the Company’s consolidated totals:	2014			2013
	Total segment operating income	$	21,472		$	16,150
	Amortization of acquired software		(481	)		(549	)
	Amortization of customer and trade name intangibles		(1,129	)		(1,131	)
	Other expense, net		(259	)		(338	)
	Income before income taxes	$	19,603		$	14,132

Basis_of_Presentation_Addition

Basis of Presentation - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2014
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]	'
Description of royalty revenue	'Royalty revenue is recognized when the fees are fixed or determinable, which is known when we receive notice of the amounts earned pursuant to our third party royalty arrangements. Typically, we receive notice of royalty revenues earned on a quarterly basis 30 to 60 days after the end of the reporting period.
Minimum [Member]	'
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]	'
Notice of royalty revenue earned quarterly after the end of the reporting period	'30 days
Maximum [Member]	'
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]	'
Notice of royalty revenue earned quarterly after the end of the reporting period	'60 days

Shareholders_Equity_Summary_of

Shareholders Equity - Summary of Activities in Common Stock (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Equity [Abstract]	'	'
Stock option exercises, Amount	$2,024	$1,637
Employee stock plan purchases, Amount	$849	$670
Stock option exercises, Shares	156	138
Employee stock plan purchases, Shares	10	16

Shareholders_Equity_Additional

Shareholders Equity - Additional Information (Detail)	Mar. 31, 2014
In Millions, unless otherwise specified
Equity [Abstract]	'
Number of shares authorized to be repurchased	1.7

Revolving_Line_of_Credit_Addit

Revolving Line of Credit - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2014
Line of Credit Facility [Line Items]	'
Revolving credit facility, borrowing capacity	$150,000,000
Revolving credit facility, maximum borrowing capacity	200,000,000
Revolving credit facility maturity date	11-Aug-14
Outstanding borrowings	0
Unused available borrowing capacity	148,000,000
Letters of credit, outstanding	2,000,000
Performance guarantees outstanding	29,000,000
Letter of Credit [Member]	'
Line of Credit Facility [Line Items]	'
Revolving credit facility, maximum borrowing capacity	$25,000,000
Libor Rate [Member] | Maximum [Member]	'
Line of Credit Facility [Line Items]	'
Interest rate margin over reference rate	3.75%
Libor Rate [Member] | Minimum [Member]	'
Line of Credit Facility [Line Items]	'
Interest rate margin over reference rate	2.50%
Bank Of America's Prime Rate [Member] | Maximum [Member]	'
Line of Credit Facility [Line Items]	'
Interest rate margin over reference rate	2.75%
Bank Of America's Prime Rate [Member] | Minimum [Member]	'
Line of Credit Facility [Line Items]	'
Interest rate margin over reference rate	1.50%

Income_Tax_Provision_Additiona

Income Tax Provision - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Tax Disclosure [Abstract]	'	'
Effective income tax rate	39.40%	39.90%
Federal income tax rate	35.00%	'

Earnings_Per_Share_Computation

Earnings Per Share - Computation of Basic Earnings and Diluted Earnings Per Share Data (Detail) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'
Net income	$11,883	$8,493
Weighted-average basic common shares outstanding	32,916	31,403
Stock options	2,584	2,545
Denominator for diluted earnings per share-Adjusted weighted-average shares	35,500	33,948
Basic	$0.36	$0.27
Diluted	$0.33	$0.25

Earnings_Per_Share_Additional_

Earnings Per Share - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'
Antidilutive securities excluded from computation of earnings per share, amount	302,000	950,000

ShareBased_Compensation_Summar

Share-Based Compensation - Summary of Share-Based Compensation Expense Related to Share-Based Awards (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total share-based compensation expense	$3,462	$2,575
Cost of software services, maintenance and subscriptions [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total share-based compensation expense	513	336
Selling, general and administrative expense [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total share-based compensation expense	$2,949	$2,239

Segment_and_Related_Informatio2

Segment and Related Information - Additional Information (Detail)	Mar. 31, 2014
	Business_Unit
Segment Reporting [Abstract]	'
Number of business units	4

Segment_and_Related_Informatio3

Segment and Related Information - Schedule of Segment Revenues and Operations (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Segment Reporting Information [Line Items]	'	'
Software licenses and royalties	$11,232	$8,830
Subscriptions	20,507	13,473
Software services	24,307	20,461
Maintenance	50,240	46,050
Appraisal services	4,851	5,591
Hardware and other	1,489	1,394
Intercompany	'	'
Total revenues	112,626	95,799
Segment operating income	21,472	16,150
Operating segments [Member] | Enterprise Software Solutions [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Software licenses and royalties	10,795	8,100
Subscriptions	19,722	12,901
Software services	22,188	18,741
Maintenance	46,093	41,882
Appraisal services	'	'
Hardware and other	1,489	1,394
Intercompany	473	589
Total revenues	100,760	83,607
Segment operating income	25,428	17,828
Operating segments [Member] | Appraisal And Tax Software Solutions And Services [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Software licenses and royalties	437	730
Subscriptions	785	572
Software services	2,119	1,720
Maintenance	4,147	4,168
Appraisal services	4,851	5,591
Hardware and other	'	'
Intercompany	'	'
Total revenues	12,339	12,781
Segment operating income	1,831	2,326
Corporate [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Software licenses and royalties	'	'
Subscriptions	'	'
Software services	'	'
Maintenance	'	'
Appraisal services	'	'
Hardware and other	'	'
Intercompany	-473	-589
Total revenues	-473	-589
Segment operating income	($5,787)	($4,004)

Segment_and_Related_Informatio4

Segment and Related Information - Reconciliation of Operating Income from Segments to Consolidated (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]	'	'
Total segment operating income	$21,472	$16,150
Amortization of acquired software	-481	-549
Amortization of customer and trade name intangibles	-1,129	-1,131
Other expense, net	-259	-338
Income before income taxes	19,603	14,132
Segment Reconciling Items [Member]	'	'
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]	'	'
Amortization of acquired software	-481	-549
Amortization of customer and trade name intangibles	-1,129	-1,131
Other expense, net	($259)	($338)

Commitments_and_Contingencies_

Commitments and Contingencies - Additional Information (Detail)	Mar. 31, 2014
	LegalMatter
Commitments And Contingencies Disclosure [Abstract]	'
Number of material legal proceedings pending	0