10-Q Filing

PROS HOLDINGS, INC. CIK: 1392972 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001392972-13-000025`
Period End Date	20130331
Filing Date	20130502
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	pro-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 44 Cash Flow Statement 53

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`	$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`	$83.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.46M	USD	Point-in-time
Accounts and unbilled receivables, net of allowance of $XXX and $1,130, respectively	`AccountAndUnbilledReceivablesNet`	$42.74M	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`	$38.80M	USD	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
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.07M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.20M	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
Total current assets	`AssetsCurrent`	$131.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$127.43M	USD	Point-in-time
Common stock - shares issued	`CommonStockSharesIssued`	31.43M	shares	Point-in-time
Common stock - shares issued	`CommonStockSharesIssued`	31.87M	shares	Point-in-time
Restricted cash	`RestrictedCashAndInvestmentsNoncurrent`	$329.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndInvestmentsNoncurrent`	$329.00K	USD	Point-in-time
Common stock - shares outstanding	`CommonStockSharesOutstanding`	27.01M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$14.71M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.79M	USD	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`	$5.96M	USD	Point-in-time
Other long term assets, net	`OtherAssetsNoncurrent`	$5.94M	USD	Point-in-time
Total assets	`Assets`	$146.48M	USD	Point-in-time
Total assets	`Assets`	$152.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.74M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$4.42M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$3.26M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$7.67M	USD	Point-in-time
Accrued payroll and other employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$3.12M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$42.10M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$39.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$55.38M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$2.01M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$2.43M	USD	Point-in-time
Other Liabilities, Noncurrent	`OtherLiabilitiesNoncurrent`	$1.33M	USD	Point-in-time
Other Liabilities, Noncurrent	`OtherLiabilitiesNoncurrent`	$1.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$59.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$57.81M	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`	$32.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$87.69M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$90.54M	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
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.62M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$93.26M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$88.67M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$146.48M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$152.40M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
License and implementation	`LicensesRevenue`	$22.59M	USD	1 Quarter
License and implementation	`LicensesRevenue`	$17.80M	USD	1 Quarter
Maintenance and support	`MaintenanceRevenue`	$9.22M	USD	1 Quarter
Maintenance and support	`MaintenanceRevenue`	$11.03M	USD	1 Quarter
Total revenue	`Revenues`	$33.63M	USD	1 Quarter
Total revenue	`Revenues`	$27.02M	USD	1 Quarter
License and implementation	`LicenseCosts`	$8.47M	USD	1 Quarter
License and implementation	`LicenseCosts`	$6.00M	USD	1 Quarter
Maintenance and support	`MaintenanceCosts`	$1.94M	USD	1 Quarter
Maintenance and support	`MaintenanceCosts`	$2.08M	USD	1 Quarter
Total cost of revenue	`CostOfServices`	$10.55M	USD	1 Quarter
Total cost of revenue	`CostOfServices`	$7.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$23.07M	USD	1 Quarter
Gross profit	`GrossProfit`	$19.08M	USD	1 Quarter
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$10.26M	USD	1 Quarter
Selling, marketing, general and administrative	`SellingGeneralAndAdministrativeExpenses`	$14.29M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$8.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$6.70M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.13M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$689.00K	USD	1 Quarter
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-103.00K	USD	1 Quarter
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$22.00K	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$586.00K	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.15M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$961.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$-1.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.19M	USD	Annual
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.17M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.76M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.37M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.28M	shares	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.73M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.19M	USD	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.19M	USD	Annual
Depreciation	`Depreciation`	$427.00K	USD	Annual
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	$967.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$3.42M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$2.03M	USD	Annual
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.40M	USD	Annual
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	Annual
Tax Benefit from Stock Options Exercised	`TaxBenefitFromStockOptionsExercised1`	$-10.00K	USD	Annual
Tax Benefit from Stock Options Exercised	`TaxBenefitFromStockOptionsExercised1`	$1.36M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-220.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-60.00K	USD	Annual
Accounts and unbilled receivables	`AccountsAndUnbilledReceivables`	$-6.22M	USD	Annual
Accounts and unbilled receivables	`AccountsAndUnbilledReceivables`	$3.88M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.16M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$318.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-183.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.07M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$980.00K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-226.00K	USD	Annual
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.06M	USD	Annual
Accrued payroll and other employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.55M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-2.40M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.75M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.42M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.26M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$684.00K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$948.00K	USD	Annual
Internal-use software development costs capitalized	`InternalUseSoftwareDevelopmentCostsCapitalized`	$-796.00K	USD	1 Quarter
Internal-use software development costs capitalized	`InternalUseSoftwareDevelopmentCostsCapitalized`	$-347.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.74M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.03M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.41M	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$488.00K	USD	Annual
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.40M	USD	Annual
Excess tax benefits on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	Annual
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$2.02M	USD	Annual
Tax withholding related to net share settlement of restricted stock units	`TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits`	$1.82M	USD	Annual
Debt Issuance Cost	`DebtIssuanceCosts`	$200.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-613.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$63.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.46M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.10M	USD	1 Quarter
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$68.46M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$83.56M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$70.91M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$82.46M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$68.46M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$83.56M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$70.91M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$82.46M	USD	Point-in-time

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