10-Q Filing

PROS HOLDINGS, INC. CIK: 1392972 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001392972-12-000014`
Period End Date	20120630
Filing Date	20120802
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	pro-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 80 Cash Flow Statement 54

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance for bad debts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$860.00K	USD	Point-in-time
Allowance for bad debts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.13M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.84M	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
Accounts and unbilled receivables, net of allowance of $XXX and $1,130, respectively	`AccountAndUnbilledReceivablesNet`	$36.53M	USD	Point-in-time
Accounts and unbilled receivables, net of allowance of $XXX and $1,130, respectively	`AccountAndUnbilledReceivablesNet`	$33.86M	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
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.92M	USD	Point-in-time
Common stock - par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.35M	USD	Point-in-time
Common stock - shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$110.67M	USD	Point-in-time
Common stock - shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$111.61M	USD	Point-in-time
Restricted cash	`RestrictedCashAndInvestmentsNoncurrent`	$329.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndInvestmentsNoncurrent`	$329.00K	USD	Point-in-time
Common stock - shares issued	`CommonStockSharesIssued`	31.43M	shares	Point-in-time
Common stock - shares issued	`CommonStockSharesIssued`	31.83M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.70M	USD	Point-in-time
Common stock - shares outstanding	`CommonStockSharesOutstanding`	27.41M	shares	Point-in-time
Common stock - shares outstanding	`CommonStockSharesOutstanding`	27.01M	shares	Point-in-time
Treasury stock - shares	`TreasuryStockShares`	4.42M	shares	Point-in-time
Other long term assets, net	`OtherAssetsNoncurrent`	$5.83M	USD	Point-in-time
Treasury stock - shares	`TreasuryStockShares`	4.42M	shares	Point-in-time
Other long term assets, net	`OtherAssetsNoncurrent`	$5.55M	USD	Point-in-time
Total assets	`Assets`	$125.76M	USD	Point-in-time
Total assets	`Assets`	$121.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.60M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.32M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.46M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$4.55M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.14M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$33.09M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$33.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.47M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$2.85M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$3.13M	USD	Point-in-time
Total liabilities	`Liabilities`	$45.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$47.32M	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, XXX and 31,432,430 shares issued, respectively, XXX and 27,014,845 shares outstanding, respectively	`CommonStockValue`	$31.00K	USD	Point-in-time
Common stock, $0.001 par value, 75,000,000 shares authorized, XXX and 31,432,430 shares issued, respectively, XXX and 27,014,845 shares outstanding, respectively	`CommonStockValue`	$32.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$82.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$77.93M	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`	$12.11M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$80.36M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$73.94M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$125.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$121.26M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
License and implementation	`LicensesRevenue`	$15.08M	USD	1 Quarter
License and implementation	`LicensesRevenue`	$35.97M	USD	2 Qtrs
License and implementation	`LicensesRevenue`	$28.88M	USD	2 Qtrs
License and implementation	`LicensesRevenue`	$18.18M	USD	1 Quarter
Maintenance and support	`MaintenanceRevenue`	$8.70M	USD	1 Quarter
Maintenance and support	`MaintenanceRevenue`	$9.96M	USD	1 Quarter
Maintenance and support	`MaintenanceRevenue`	$19.18M	USD	2 Qtrs
Maintenance and support	`MaintenanceRevenue`	$16.32M	USD	2 Qtrs
Total revenue	`Revenues`	$55.16M	USD	2 Qtrs
Total revenue	`Revenues`	$45.19M	USD	2 Qtrs
Total revenue	`Revenues`	$28.13M	USD	1 Quarter
Total revenue	`Revenues`	$23.79M	USD	1 Quarter
License and implementation	`LicenseCosts`	$11.54M	USD	2 Qtrs
License and implementation	`LicenseCosts`	$9.45M	USD	2 Qtrs
License and implementation	`LicenseCosts`	$5.54M	USD	1 Quarter
License and implementation	`LicenseCosts`	$4.76M	USD	1 Quarter
Maintenance and support	`MaintenanceCosts`	$1.96M	USD	1 Quarter
Maintenance and support	`MaintenanceCosts`	$3.35M	USD	2 Qtrs
Maintenance and support	`MaintenanceCosts`	$3.90M	USD	2 Qtrs
Maintenance and support	`MaintenanceCosts`	$1.64M	USD	1 Quarter
Total cost of revenue	`CostOfServices`	$7.50M	USD	1 Quarter
Total cost of revenue	`CostOfServices`	$6.41M	USD	1 Quarter
Total cost of revenue	`CostOfServices`	$15.44M	USD	2 Qtrs
Total cost of revenue	`CostOfServices`	$12.80M	USD	2 Qtrs
Gross profit	`GrossProfit`	$32.39M	USD	2 Qtrs
Gross profit	`GrossProfit`	$17.38M	USD	1 Quarter
Gross profit	`GrossProfit`	$20.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$39.72M	USD	2 Qtrs
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$22.14M	USD	2 Qtrs
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$11.88M	USD	1 Quarter
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$9.12M	USD	1 Quarter
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$16.99M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$6.15M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$12.11M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$6.77M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$13.47M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$3.30M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.98M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.11M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$2.11M	USD	1 Quarter
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$56.00K	USD	2 Qtrs
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-129.00K	USD	1 Quarter
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-106.00K	USD	2 Qtrs
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-21.00K	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.85M	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.00M	USD	2 Qtrs
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.09M	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.35M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$651.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.05M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$855.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.19M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$995.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.30M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.09	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.08	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.08	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.08	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.27M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.83M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.38M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.71M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.62M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.83M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.30M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.34M	shares	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.30M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$995.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.19M	USD	2 Qtrs

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.19M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$995.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.30M	USD	2 Qtrs
Depreciation	`Depreciation`	$938.00K	USD	2 Qtrs
Depreciation	`Depreciation`	$782.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.36M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$4.47M	USD	2 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.67M	USD	2 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.24M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-257.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Other noncash	`OtherNoncashIncomeExpense`	$2.00K	USD	2 Qtrs
Other noncash	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Accounts and unbilled receivables	`AccountsAndUnbilledReceivables`	$2.41M	USD	2 Qtrs
Accounts and unbilled receivables	`AccountsAndUnbilledReceivables`	$-2.55M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.81M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$378.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.26M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.46M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$979.00K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-416.00K	USD	2 Qtrs
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.33M	USD	2 Qtrs
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.46M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$845.00K	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`	$6.97M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.08M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.31M	USD	2 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	2 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$36.00K	USD	2 Qtrs
Increase in short-term investment	`PaymentsToAcquireShortTermInvestments`	-	USD	2 Qtrs
Increase in short-term investment	`PaymentsToAcquireShortTermInvestments`	$-73.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.08M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.27M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$510.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.56M	USD	2 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.67M	USD	2 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.24M	USD	2 Qtrs
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$2.36M	USD	2 Qtrs
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$1.60M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.20M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-185.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.55M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.71M	USD	2 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$68.46M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$64.40M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$71.16M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.84M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$68.46M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$64.40M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$71.16M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$55.84M	USD	Point-in-time

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