10-Q Filing

PROS HOLDINGS, INC. CIK: 1392972 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0000950123-11-094957`
Period End Date	20110930
Filing Date	20111104
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	pro-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 72 Cash Flow Statement 59

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts and unbilled receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.02M	USD	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$55.84M	USD	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$66.40M	USD	Point-in-time
Allowance for accounts and unbilled receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$950.00K	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`	$27.72M	USD	Point-in-time
Accounts and unbilled receivables, net of allowance of $950 and $1,020, respectively	`AccountAndUnbilledReceivables`	$27.40M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidAndOtherCurrentAssets`	$8.13M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidAndOtherCurrentAssets`	$6.17M	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
Total current assets	`AssetsCurrent`	$102.26M	USD	Point-in-time
Restricted cash	`RestrictedCashLongTerm`	$329.00K	USD	Point-in-time
Restricted cash	`RestrictedCashLongTerm`	$293.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.21M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.25M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other long term assets, net	`OtherAssetsNoncurrent`	$5.10M	USD	Point-in-time
Other long term assets, net	`OtherAssetsNoncurrent`	$5.67M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.78M	shares	Point-in-time
Total assets	`Assets`	$98.13M	USD	Point-in-time
Total assets	`Assets`	$112.46M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	31.35M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.94M	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`	$4.38M	USD	Point-in-time
Accrued liabilities	`AccruedLiability`	$1.92M	USD	Point-in-time
Accrued liabilities	`AccruedLiability`	$2.00M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$4.61M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$6.92M	USD	Point-in-time
Deferred revenue	`ShortTermDeferredRevenue`	$28.43M	USD	Point-in-time
Deferred revenue	`ShortTermDeferredRevenue`	$27.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.16M	USD	Point-in-time
Long-term deferred revenue	`LongTermDeferredRevenue`	$1.46M	USD	Point-in-time
Long-term deferred revenue	`LongTermDeferredRevenue`	$1.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$42.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$38.62M	USD	Point-in-time
Commitments and contingencies (Note 3)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 3)	`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, 31,354,835 and 30,777,000 shares issued, respectively, 26,937,250 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, 31,354,835 and 30,777,000 shares issued, respectively, 26,937,250 and 26,359,415 shares outstanding, respectively	`CommonStockValue`	$31.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$76.18M	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`	$7.81M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$59.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$70.06M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$98.13M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$112.46M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
License and implementation	`LicenseAndImplementationRevenue`	$8.58M	USD	1 Quarter
License and implementation	`LicenseAndImplementationRevenue`	$45.44M	USD	3 Qtrs
License and implementation	`LicenseAndImplementationRevenue`	$29.38M	USD	3 Qtrs
License and implementation	`LicenseAndImplementationRevenue`	$16.56M	USD	1 Quarter
Maintenance and support	`MaintenanceAndSupportRevenue`	$24.96M	USD	3 Qtrs
Maintenance and support	`MaintenanceAndSupportRevenue`	$7.11M	USD	1 Quarter
Maintenance and support	`MaintenanceAndSupportRevenue`	$8.65M	USD	1 Quarter
Maintenance and support	`MaintenanceAndSupportRevenue`	$21.47M	USD	3 Qtrs
Total revenue	`Revenues`	$15.69M	USD	1 Quarter
Total revenue	`Revenues`	$50.85M	USD	3 Qtrs
Total revenue	`Revenues`	$25.21M	USD	1 Quarter
Total revenue	`Revenues`	$70.40M	USD	3 Qtrs
License and implementation	`LicenseAndImplementation`	$14.25M	USD	3 Qtrs
License and implementation	`LicenseAndImplementation`	$4.83M	USD	1 Quarter
License and implementation	`LicenseAndImplementation`	$10.43M	USD	3 Qtrs
License and implementation	`LicenseAndImplementation`	$3.80M	USD	1 Quarter
Maintenance and support	`CostOfServicesMaintenanceCosts`	$4.38M	USD	3 Qtrs
Maintenance and support	`CostOfServicesMaintenanceCosts`	$1.58M	USD	1 Quarter
Maintenance and support	`CostOfServicesMaintenanceCosts`	$1.49M	USD	1 Quarter
Maintenance and support	`CostOfServicesMaintenanceCosts`	$4.93M	USD	3 Qtrs
Total cost of revenue	`CostOfServices`	$6.41M	USD	1 Quarter
Total cost of revenue	`CostOfServices`	$19.18M	USD	3 Qtrs
Total cost of revenue	`CostOfServices`	$5.28M	USD	1 Quarter
Total cost of revenue	`CostOfServices`	$14.81M	USD	3 Qtrs
Gross profit	`GrossProfit`	$10.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$18.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$51.21M	USD	3 Qtrs
Gross profit	`GrossProfit`	$36.04M	USD	3 Qtrs
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$9.33M	USD	1 Quarter
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$24.48M	USD	3 Qtrs
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$9.37M	USD	1 Quarter
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$26.35M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$15.54M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$6.84M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$4.86M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$18.95M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-3.79M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-3.99M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$2.59M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$5.91M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$53.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$31.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$24.00K	USD	1 Quarter
Income (loss) before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.94M	USD	3 Qtrs
Income (loss) before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.59M	USD	1 Quarter
Income (loss) before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.76M	USD	1 Quarter
Income (loss) before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.94M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$658.00K	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-1.37M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-1.36M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$1.71M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.93M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.40M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.23M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.56M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.16	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-0.10	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.15	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.10	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.01M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.09M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.93M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.78M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.09M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.69M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.01M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.84M	shares	1 Quarter

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.93M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.40M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.23M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.56M	USD	3 Qtrs
Depreciation	`Depreciation`	$1.19M	USD	3 Qtrs
Depreciation	`Depreciation`	$1.02M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.01M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$4.46M	USD	3 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.24M	USD	3 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$623.00K	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-114.00K	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-522.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-2.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-157.00K	USD	3 Qtrs
Accounts and unbilled receivable	`AccountsAndUnbilledReceivable`	$336.00K	USD	3 Qtrs
Accounts and unbilled receivable	`AccountsAndUnbilledReceivable`	$8.98M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.12M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$818.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.09M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$204.00K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-192.00K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-114.00K	USD	3 Qtrs
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$2.32M	USD	3 Qtrs
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$21.00K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-4.87M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$6.43M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-711.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.09M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.48M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.26M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.93M	USD	3 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$36.00K	USD	3 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$293.00K	USD	3 Qtrs
Decrease (increase) in short-term investment	`PaymentsToAcquireShortTermInvestments`	$73.00K	USD	3 Qtrs
Decrease (increase) in short-term investment	`PaymentsToAcquireShortTermInvestments`	$-73.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.63M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.74M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$291.00K	USD	3 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.24M	USD	3 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$623.00K	USD	3 Qtrs
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$1.61M	USD	3 Qtrs
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$1.19M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-280.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.37M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.56M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.39M	USD	3 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.84M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$53.06M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$62.45M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$66.40M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$55.84M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$53.06M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$62.45M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$66.40M	USD	Point-in-time
Taxes	`IncomeTaxesPaid`	$84.00K	USD	3 Qtrs
Taxes	`IncomeTaxesPaid`	$2.43M	USD	3 Qtrs
Purchase of property and equipment accrued but not paid	`PurchaseOfPropertyAndEquipmentAccruedButNotPaid`	$391.00K	USD	3 Qtrs
Purchase of property and equipment accrued but not paid	`PurchaseOfPropertyAndEquipmentAccruedButNotPaid`	$758.00K	USD	3 Qtrs

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