10-Q Filing

PROS HOLDINGS, INC. CIK: 1392972 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001392972-12-000018`
Period End Date	20120930
Filing Date	20121101
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	pro-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 80 Cash Flow Statement 59

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance for bad debts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.13M	USD	Point-in-time
Allowance for bad debts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$860.00K	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`	$55.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.46M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.40M	USD	Point-in-time
Preferred stock - shares issued	`PreferredStockSharesIssued`	0.00	shares	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
Accounts and unbilled receivables, net of allowance of $XXX and $1,130, respectively	`AccountAndUnbilledReceivablesNet`	$46.95M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.82M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.35M	USD	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
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`	$124.41M	USD	Point-in-time
Common stock - shares issued	`CommonStockSharesIssued`	31.43M	shares	Point-in-time
Restricted cash	`RestrictedCashAndInvestmentsNoncurrent`	$329.00K	USD	Point-in-time
Common stock - shares issued	`CommonStockSharesIssued`	31.87M	shares	Point-in-time
Restricted cash	`RestrictedCashAndInvestmentsNoncurrent`	$329.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$10.70M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.70M	USD	Point-in-time
Common stock - shares outstanding	`CommonStockSharesOutstanding`	27.01M	shares	Point-in-time
Common stock - shares outstanding	`CommonStockSharesOutstanding`	27.46M	shares	Point-in-time
Treasury stock - shares	`TreasuryStockShares`	4.42M	shares	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
Other long term assets, net	`OtherAssetsNoncurrent`	$5.71M	USD	Point-in-time
Total assets	`Assets`	$121.26M	USD	Point-in-time
Total assets	`Assets`	$141.15M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.93M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.92M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.67M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$3.88M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.91M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$4.79M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$33.09M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$37.96M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$53.68M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$2.85M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$2.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$47.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$56.46M	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`	$32.00K	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`	$31.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$85.14M	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`	$9.93M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$84.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$73.94M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$121.26M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$141.15M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
License and implementation	`LicensesRevenue`	$45.44M	USD	3 Qtrs
License and implementation	`LicensesRevenue`	$55.47M	USD	3 Qtrs
License and implementation	`LicensesRevenue`	$19.49M	USD	1 Quarter
License and implementation	`LicensesRevenue`	$16.56M	USD	1 Quarter
Maintenance and support	`MaintenanceRevenue`	$8.65M	USD	1 Quarter
Maintenance and support	`MaintenanceRevenue`	$10.42M	USD	1 Quarter
Maintenance and support	`MaintenanceRevenue`	$29.60M	USD	3 Qtrs
Maintenance and support	`MaintenanceRevenue`	$24.96M	USD	3 Qtrs
Total revenue	`Revenues`	$85.07M	USD	3 Qtrs
Total revenue	`Revenues`	$70.40M	USD	3 Qtrs
Total revenue	`Revenues`	$29.91M	USD	1 Quarter
Total revenue	`Revenues`	$25.21M	USD	1 Quarter
License and implementation	`LicenseCosts`	$14.22M	USD	3 Qtrs
License and implementation	`LicenseCosts`	$4.75M	USD	1 Quarter
License and implementation	`LicenseCosts`	$6.55M	USD	1 Quarter
License and implementation	`LicenseCosts`	$18.09M	USD	3 Qtrs
Maintenance and support	`MaintenanceCosts`	$2.12M	USD	1 Quarter
Maintenance and support	`MaintenanceCosts`	$4.93M	USD	3 Qtrs
Maintenance and support	`MaintenanceCosts`	$1.58M	USD	1 Quarter
Maintenance and support	`MaintenanceCosts`	$6.02M	USD	3 Qtrs
Total cost of revenue	`CostOfServices`	$24.11M	USD	3 Qtrs
Total cost of revenue	`CostOfServices`	$19.15M	USD	3 Qtrs
Total cost of revenue	`CostOfServices`	$8.67M	USD	1 Quarter
Total cost of revenue	`CostOfServices`	$6.33M	USD	1 Quarter
Gross profit	`GrossProfit`	$21.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$51.25M	USD	3 Qtrs
Gross profit	`GrossProfit`	$18.88M	USD	1 Quarter
Gross profit	`GrossProfit`	$60.96M	USD	3 Qtrs
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$12.38M	USD	1 Quarter
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$9.35M	USD	1 Quarter
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$34.52M	USD	3 Qtrs
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$26.32M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$20.52M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$6.84M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$18.95M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$7.05M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.68M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.81M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$5.92M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$5.97M	USD	3 Qtrs
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-15.00K	USD	1 Quarter
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-33.00K	USD	3 Qtrs
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-121.00K	USD	3 Qtrs
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-90.00K	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.80M	USD	3 Qtrs
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.59M	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.94M	USD	3 Qtrs
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.80M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.71M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$2.26M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$658.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$441.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.54M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.23M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.16	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.13	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.13	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.15	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.78M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.93M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.43M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.32M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.32M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.69M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.84M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.36M	shares	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.23M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.93M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.36M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.54M	USD	3 Qtrs

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.54M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.23M	USD	3 Qtrs
Depreciation	`Depreciation`	$1.55M	USD	3 Qtrs
Depreciation	`Depreciation`	$1.19M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.01M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$6.96M	USD	3 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.24M	USD	3 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.72M	USD	3 Qtrs
Tax Benefit from Stock Options Exercised	`TaxBenefitFromStockOptionsExercised1`	$1.62M	USD	3 Qtrs
Tax Benefit from Stock Options Exercised	`TaxBenefitFromStockOptionsExercised1`	$1.21M	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$344.00K	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-521.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-257.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-2.00K	USD	3 Qtrs
Accounts and unbilled receivables	`AccountsAndUnbilledReceivables`	$336.00K	USD	3 Qtrs
Accounts and unbilled receivables	`AccountsAndUnbilledReceivables`	$12.83M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.28M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.03M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$137.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.09M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.33M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$326.00K	USD	3 Qtrs
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.12M	USD	3 Qtrs
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.88M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$4.79M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-712.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.87M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.09M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.93M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.77M	USD	3 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$36.00K	USD	3 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	3 Qtrs
Increase in short-term investment	`PaymentsToAcquireShortTermInvestments`	$-73.00K	USD	3 Qtrs
Increase in short-term investment	`PaymentsToAcquireShortTermInvestments`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.77M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.90M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.03M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.74M	USD	3 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.72M	USD	3 Qtrs
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.24M	USD	3 Qtrs
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$2.41M	USD	3 Qtrs
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$1.61M	USD	3 Qtrs
Debt Issuance Cost	`DebtIssuanceCosts`	$-250.00K	USD	3 Qtrs
Debt Issuance Cost	`DebtIssuanceCosts`	$200.00K	USD	1 Quarter
Debt Issuance Cost	`DebtIssuanceCosts`	-	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$87.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.37M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.56M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.19M	USD	3 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.84M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$68.46M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$72.64M	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`	$68.46M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$72.64M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$66.40M	USD	Point-in-time

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