10-Q Filing

PROS HOLDINGS, INC. CIK: 1392972 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0000950123-11-073002`
Period End Date	20110630
Filing Date	20110804
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	pro-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 72 Cash Flow Statement 55

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Allowance for Accounts and unbilled receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$950.00K	USD	Point-in-time
Allowance for Accounts and unbilled receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.02M	USD	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$64.40M	USD	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$55.84M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$73.00K	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	-	USD	Point-in-time
Accounts and unbilled receivables, net of allowance of $950 and $1,020, respectively	`AccountAndUnbilledReceivables`	$24.84M	USD	Point-in-time
Accounts and unbilled receivables, net of allowance of $950 and $1,020, respectively	`AccountAndUnbilledReceivables`	$27.40M	USD	Point-in-time
Prepaid and other current assets	`PrepaidAndOtherCurrentAssets`	$7.50M	USD	Point-in-time
Prepaid and other current assets	`PrepaidAndOtherCurrentAssets`	$6.17M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$96.73M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$89.49M	USD	Point-in-time
Restricted cash	`RestrictedCashLongTerm`	$293.00K	USD	Point-in-time
Restricted cash	`RestrictedCashLongTerm`	$329.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.25M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.83M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Other long term assets, net	`OtherAssetsNoncurrent`	$5.34M	USD	Point-in-time
Other long term assets, net	`OtherAssetsNoncurrent`	$5.10M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Total assets	`Assets`	$98.13M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.78M	shares	Point-in-time
Total assets	`Assets`	$106.24M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	31.30M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.88M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.36M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.42M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.42M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiability`	$2.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiability`	$1.82M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.94M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$4.61M	USD	Point-in-time
Deferred revenue	`ShortTermDeferredRevenue`	$28.43M	USD	Point-in-time
Deferred revenue	`ShortTermDeferredRevenue`	$28.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.16M	USD	Point-in-time
Long-term deferred revenue	`LongTermDeferredRevenue`	$874.00K	USD	Point-in-time
Long-term deferred revenue	`LongTermDeferredRevenue`	$1.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$39.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$38.62M	USD	Point-in-time
Commitments and contingencies (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 75,000,000 shares authorized, 31,301,743 and 30,777,000 shares issued, respectively, 26,884,158 and 26,359,415 shares outstanding, respectively	`CommonStockValue`	$31.00K	USD	Point-in-time
Common stock, $0.001 par value, 75,000,000 shares authorized, 31,301,743 and 30,777,000 shares issued, respectively, 26,884,158 and 26,359,415 shares outstanding, respectively	`CommonStockValue`	$31.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$74.36M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$69.84M	USD	Point-in-time
Treasury stock, 4,417,585 common shares, at cost	`TreasuryStockValue`	$13.94M	USD	Point-in-time
Treasury stock, 4,417,585 common shares, at cost	`TreasuryStockValue`	$13.94M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.87M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$59.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$66.32M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$106.24M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$98.13M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
License and implementation	`LicenseAndImplementationRevenue`	$20.80M	USD	2 Qtrs
License and implementation	`LicenseAndImplementationRevenue`	$15.08M	USD	1 Quarter
License and implementation	`LicenseAndImplementationRevenue`	$10.43M	USD	1 Quarter
License and implementation	`LicenseAndImplementationRevenue`	$28.88M	USD	2 Qtrs
Maintenance and support	`MaintenanceAndSupportRevenue`	$7.41M	USD	1 Quarter
Maintenance and support	`MaintenanceAndSupportRevenue`	$14.36M	USD	2 Qtrs
Maintenance and support	`MaintenanceAndSupportRevenue`	$16.32M	USD	2 Qtrs
Maintenance and support	`MaintenanceAndSupportRevenue`	$8.70M	USD	1 Quarter
Total revenue	`Revenues`	$23.79M	USD	1 Quarter
Total revenue	`Revenues`	$45.19M	USD	2 Qtrs
Total revenue	`Revenues`	$35.17M	USD	2 Qtrs
Total revenue	`Revenues`	$17.84M	USD	1 Quarter
License and implementation	`LicenseAndImplementation`	$6.63M	USD	2 Qtrs
License and implementation	`LicenseAndImplementation`	$9.42M	USD	2 Qtrs
License and implementation	`LicenseAndImplementation`	$3.41M	USD	1 Quarter
License and implementation	`LicenseAndImplementation`	$4.80M	USD	1 Quarter
Maintenance and support	`CostOfServicesMaintenanceCosts`	$1.40M	USD	1 Quarter
Maintenance and support	`CostOfServicesMaintenanceCosts`	$1.64M	USD	1 Quarter
Maintenance and support	`CostOfServicesMaintenanceCosts`	$2.90M	USD	2 Qtrs
Maintenance and support	`CostOfServicesMaintenanceCosts`	$3.35M	USD	2 Qtrs
Total cost of revenue	`CostOfServices`	$4.82M	USD	1 Quarter
Total cost of revenue	`CostOfServices`	$9.53M	USD	2 Qtrs
Total cost of revenue	`CostOfServices`	$12.77M	USD	2 Qtrs
Total cost of revenue	`CostOfServices`	$6.44M	USD	1 Quarter
Gross profit	`GrossProfit`	$17.34M	USD	1 Quarter
Gross profit	`GrossProfit`	$25.64M	USD	2 Qtrs
Gross profit	`GrossProfit`	$32.42M	USD	2 Qtrs
Gross profit	`GrossProfit`	$13.02M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$9.12M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$15.15M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$8.52M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$16.99M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$10.69M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$5.47M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$6.15M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$12.11M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-199.00K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$3.32M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$2.08M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-965.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$12.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$18.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$30.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$29.00K	USD	2 Qtrs
Income (loss) before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-947.00K	USD	1 Quarter
Income (loss) before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-170.00K	USD	2 Qtrs
Income (loss) before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.35M	USD	2 Qtrs
Income (loss) before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.09M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$651.00K	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-319.00K	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$1.05M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-13.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.44M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-628.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.30M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-157.00K	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.09	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.08	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.01	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.71M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.97M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.83M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.03M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.97M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.83M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.62M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.03M	shares	1 Quarter

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.44M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-628.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.30M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-157.00K	USD	2 Qtrs
Depreciation	`Depreciation`	$673.00K	USD	2 Qtrs
Depreciation	`Depreciation`	$782.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.36M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.41M	USD	2 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.24M	USD	2 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$593.00K	USD	2 Qtrs
Other noncash	`OtherNoncashIncomeExpense`	$3.00K	USD	2 Qtrs
Other noncash	`OtherNoncashIncomeExpense`	$2.00K	USD	2 Qtrs
Accounts and unbilled receivable	`AccountsAndUnbilledReceivable`	$9.57M	USD	2 Qtrs
Accounts and unbilled receivable	`AccountsAndUnbilledReceivable`	$-2.55M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$378.00K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$77.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.26M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.42M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-416.00K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$707.00K	USD	2 Qtrs
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.09M	USD	2 Qtrs
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.33M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$5.34M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-923.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.62M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$901.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.31M	USD	2 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$293.00K	USD	2 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$36.00K	USD	2 Qtrs
Decrease (increase) in short-term investment	`PaymentsToAcquireShortTermInvestments`	$-73.00K	USD	2 Qtrs
Decrease (increase) in short-term investment	`PaymentsToAcquireShortTermInvestments`	$73.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.27M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.27M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$137.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.56M	USD	2 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.24M	USD	2 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$593.00K	USD	2 Qtrs
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$1.60M	USD	2 Qtrs
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$1.19M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.20M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-464.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.55M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.68M	USD	2 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$60.77M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.84M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$64.40M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$62.45M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$60.77M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$55.84M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$64.40M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$62.45M	USD	Point-in-time
Taxes	`IncomeTaxesPaid`	$1.43M	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.