10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-12-225912 |
| Period End Date | 20120331 |
| Filing Date | 20120510 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | ssth-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$2.02M | USD | Point-in-time |
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$2.01M | USD | Point-in-time |
| Accumulated amortization of intangible and other assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$188.91M | USD | Point-in-time |
| Accumulated amortization of intangible and other assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$198.72M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$40.32M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$84.84M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$41.94M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$70.83M | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $2,021 and $2,006, respectively |
AccountsReceivableNetCurrent
|
$47.20M | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $2,021 and $2,006, respectively |
AccountsReceivableNetCurrent
|
$53.17M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$9.79M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$5.21M | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
$415.00K | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
$788.00K | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$889.00K | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$880.00K | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$1.15M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
488,000.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
488,000.00 | shares | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$1.15M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$95.56M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$107.34M | USD | Point-in-time |
| Leasehold improvements |
LeaseholdImprovementsGross
|
$6.64M | USD | Point-in-time |
| Leasehold improvements |
LeaseholdImprovementsGross
|
$6.47M | USD | Point-in-time |
| Equipment, furniture, and fixtures |
PropertyPlantAndEquipmentOther
|
$34.80M | USD | Point-in-time |
| Equipment, furniture, and fixtures |
PropertyPlantAndEquipmentOther
|
$36.22M | USD | Point-in-time |
| Total property and equipment |
PropertyPlantAndEquipmentGross
|
$42.87M | USD | Point-in-time |
| Total property and equipment |
PropertyPlantAndEquipmentGross
|
$41.27M | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$26.97M | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$28.57M | USD | Point-in-time |
| Net property and equipment |
PropertyPlantAndEquipmentNet
|
$14.30M | USD | Point-in-time |
| Net property and equipment |
PropertyPlantAndEquipmentNet
|
$14.29M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$1.11M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$720.00K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$931.64M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$937.41M | USD | Point-in-time |
| Intangible and other assets, net of accumulated amortization of $198,724 and $188,907, respectively |
IntangibleAndOtherAssets
|
$165.00M | USD | Point-in-time |
| Intangible and other assets, net of accumulated amortization of $198,724 and $188,907, respectively |
IntangibleAndOtherAssets
|
$157.51M | USD | Point-in-time |
| Total assets |
Assets
|
$1.21B | USD | Point-in-time |
| Total assets |
Assets
|
$1.22B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$4.17M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$5.18M | USD | Point-in-time |
| Accrued employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$19.77M | USD | Point-in-time |
| Accrued employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$6.68M | USD | Point-in-time |
| Other accrued expenses |
AccruedLiabilitiesCurrent
|
$14.06M | USD | Point-in-time |
| Other accrued expenses |
AccruedLiabilitiesCurrent
|
$15.50M | USD | Point-in-time |
| Interest payable |
InterestPayableCurrent
|
$61.00K | USD | Point-in-time |
| Interest payable |
InterestPayableCurrent
|
$95.00K | USD | Point-in-time |
| Deferred maintenance and other revenue |
DeferredRevenueCurrent
|
$54.81M | USD | Point-in-time |
| Deferred maintenance and other revenue |
DeferredRevenueCurrent
|
$46.40M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$82.23M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$84.49M | USD | Point-in-time |
| Long-term debt (Note 4) |
LongTermDebtAndCapitalLeaseObligations
|
$85.00M | USD | Point-in-time |
| Long-term debt (Note 4) |
LongTermDebtAndCapitalLeaseObligations
|
$100.00M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$14.08M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$12.54M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$28.94M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$27.05M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$206.82M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$227.50M | USD | Point-in-time |
| Commitments and contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$829.99M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$835.65M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$25.41M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$32.21M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$147.62M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$129.73M | USD | Point-in-time |
| Total common stock |
StockholdersEquityBeforeTreasuryStock
|
$1.02B | USD | Point-in-time |
| Total common stock |
StockholdersEquityBeforeTreasuryStock
|
$985.92M | USD | Point-in-time |
| Less: cost of common stock in treasury, 488 shares |
TreasuryStockValue
|
$5.82M | USD | Point-in-time |
| Less: cost of common stock in treasury, 488 shares |
TreasuryStockValue
|
$5.82M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.01B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$980.10M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.22B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.21B | USD | Point-in-time |
Income Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Software licenses |
LicensesRevenue
|
$6.57M | USD | 1 Quarter |
| Software licenses |
LicensesRevenue
|
$3.81M | USD | 1 Quarter |
| Maintenance |
MaintenanceRevenue
|
$19.50M | USD | 1 Quarter |
| Maintenance |
MaintenanceRevenue
|
$19.45M | USD | 1 Quarter |
| Professional services |
TechnologyServicesRevenue
|
$5.27M | USD | 1 Quarter |
| Professional services |
TechnologyServicesRevenue
|
$5.79M | USD | 1 Quarter |
| Software-enabled services |
SoftwareEnabledServices
|
$57.72M | USD | 1 Quarter |
| Software-enabled services |
SoftwareEnabledServices
|
$64.58M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$93.67M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$89.01M | USD | 1 Quarter |
| Software licenses |
LicenseCosts
|
$1.68M | USD | 1 Quarter |
| Software licenses |
LicenseCosts
|
$1.30M | USD | 1 Quarter |
| Maintenance |
MaintenanceCosts
|
$8.67M | USD | 1 Quarter |
| Maintenance |
MaintenanceCosts
|
$8.67M | USD | 1 Quarter |
| Professional services |
TechnologyServicesCosts
|
$3.57M | USD | 1 Quarter |
| Professional services |
TechnologyServicesCosts
|
$3.97M | USD | 1 Quarter |
| Software-enabled services |
SoftwareEnabledServicesCost
|
$32.91M | USD | 1 Quarter |
| Software-enabled services |
SoftwareEnabledServicesCost
|
$30.58M | USD | 1 Quarter |
| Total cost of revenues |
CostOfGoodsAndServicesSold
|
$44.49M | USD | 1 Quarter |
| Total cost of revenues |
CostOfGoodsAndServicesSold
|
$46.85M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$44.51M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$46.82M | USD | 1 Quarter |
| Selling and marketing |
SellingAndMarketingExpense
|
$6.89M | USD | 1 Quarter |
| Selling and marketing |
SellingAndMarketingExpense
|
$7.37M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$8.64M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$7.97M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$4.59M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$6.54M | USD | 1 Quarter |
| Transaction costs |
TransactionCosts
|
$4.15M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$24.75M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$21.41M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$22.07M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$23.11M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$549.00K | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$5.13M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$4.13M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-287.00K | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-2.88M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$14.81M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$25.65M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$7.76M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$4.98M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$9.83M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$17.88M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$0.13 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$0.23 | USD | 1 Quarter |
| Basic weighted average number of common shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
77.72M | shares | 1 Quarter |
| Basic weighted average number of common shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
74.38M | shares | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$0.12 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$0.22 | USD | 1 Quarter |
| Diluted weighted average number of common and common equivalent shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
82.01M | shares | 1 Quarter |
| Diluted weighted average number of common and common equivalent shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
78.69M | shares | 1 Quarter |
| Net income |
NetIncomeLoss
|
$9.83M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$17.88M | USD | 1 Quarter |
| Foreign currency exchange translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
$7.98M | USD | 1 Quarter |
| Foreign currency exchange translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
$6.80M | USD | 1 Quarter |
| Total other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
$7.98M | USD | 1 Quarter |
| Total other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
$6.80M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$24.68M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$17.82M | USD | 1 Quarter |
Cash Flow Statement
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$9.83M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$17.88M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$10.21M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$10.38M | USD | 1 Quarter |
| Non-cash gain on foreign currency derivatives |
NonCashGainOnForeignCurrencyDerivatives
|
$-4.37M | USD | 1 Quarter |
| Amortization of loan origination costs |
AmortizationOfFinancingCosts
|
$1.39M | USD | 1 Quarter |
| Amortization of loan origination costs |
AmortizationOfFinancingCosts
|
$58.00K | USD | 1 Quarter |
| Loss on sale or disposition of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$-1.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-1.63M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-2.78M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.80M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.23M | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$430.00K | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$96.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$5.76M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$9.57M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$522.00K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$43.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-566.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$973.00K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-9.92M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-13.56M | USD | 1 Quarter |
| Income taxes receivable and payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$243.00K | USD | 1 Quarter |
| Income taxes receivable and payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$392.00K | USD | 1 Quarter |
| Deferred maintenance and other revenues |
IncreaseDecreaseInDeferredRevenue
|
$8.14M | USD | 1 Quarter |
| Deferred maintenance and other revenues |
IncreaseDecreaseInDeferredRevenue
|
$10.89M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$12.09M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$13.14M | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.23M | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.57M | USD | 1 Quarter |
| Cash paid for business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$19.00K | USD | 1 Quarter |
| Cash paid for business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$14.77M | USD | 1 Quarter |
| Additions to capitalized software |
PaymentsToAcquireSoftware
|
$539.00K | USD | 1 Quarter |
| Additions to capitalized software |
PaymentsToAcquireSoftware
|
$85.00K | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-87.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.25M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-16.88M | USD | 1 Quarter |
| Cash received from debt borrowings |
ProceedsFromOtherDebt
|
$15.00M | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
$30.00M | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
$67.05M | USD | 1 Quarter |
| Proceeds from common stock issuance, net |
ProceedsFromIssuanceOfCommonStock
|
$52.01M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$3.90M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$3.63M | USD | 1 Quarter |
| Income tax benefit related to exercise of stock options |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$1.70M | USD | 1 Quarter |
| Income tax benefit related to exercise of stock options |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$536.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-10.57M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-9.71M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$305.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$485.00K | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-14.01M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.63M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$40.32M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$84.84M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$41.94M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$70.83M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$40.32M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$84.84M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$41.94M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$70.83M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.