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wanna find common-size statements of the income statement of this table for 2018 and 2019 Year ended December 31, 2018 2019 (in thousands except share
wanna find common-size statements of the income statement of this table for 2018 and 2019
Year ended December 31, | ||
2018 | 2019 | |
(in thousands except share and per share data) | ||
Consolidated | ||
Statements of | ||
Operations: | ||
Revenues: | ||
License | $192,514 | $237,879 |
Maintenance and | ||
professional | ||
services | 150,685 | 196,016 |
Total revenues | 343,199 | 433,895 |
Cost of revenues: | ||
License | 10,526 | 10,569 |
Maintenance and | ||
professional | ||
services | 37,935 | 52,046 |
Total cost of | ||
revenues(2) | 48,461 | 62,615 |
Gross profit | 294,738 | 371,280 |
Operating | ||
expenses: | ||
Research and | ||
development(2) | 57,112 | 72,520 |
Sales and | ||
marketing(2) | 148,290 | 184,168 |
General and | ||
administrative(2) | 42,044 | 52,308 |
Total operating | ||
expenses | 247,446 | 308,996 |
Operating income | 47,292 | 62,284 |
Financial income | ||
(expenses), net | 4,551 | 7,800 |
Income before | ||
taxes on income | 51,843 | 70,084 |
Taxes on income | -4,771 | -7,020 |
Net income | $47,072 | $63,064 |
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