2014 Q1 Form 10-Q Financial Statement
#000139297214000064 Filed on May 12, 2014
Income Statement
| Concept | 2014 Q1 | 2013 Q1 |
|---|---|---|
| Revenue | $40.91M | $33.63M |
| YoY Change | 21.67% | 24.44% |
| Cost Of Revenue | $14.55M | $10.55M |
| YoY Change | 37.84% | 32.94% |
| Gross Profit | $26.37M | $23.07M |
| YoY Change | 14.28% | 20.8% |
| Gross Profit Margin | 64.45% | 68.62% |
| Selling, General & Admin | $22.46M | $14.29M |
| YoY Change | 57.14% | 39.28% |
| % of Gross Profit | 85.16% | 61.93% |
| Research & Development | $11.02M | $8.096M |
| YoY Change | 36.14% | 20.89% |
| % of Gross Profit | 41.8% | 35.09% |
| Depreciation & Amortization | $2.591M | $967.0K |
| YoY Change | 167.94% | 124.88% |
| % of Gross Profit | 9.83% | 4.19% |
| Operating Expenses | $33.48M | $8.096M |
| YoY Change | 313.5% | 20.89% |
| Operating Profit | -$8.500M | $689.0K |
| YoY Change | -1333.67% | -67.97% |
| Interest Expense | -$10.00K | |
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | -$972.0K | -$103.0K |
| YoY Change | 843.69% | -568.18% |
| Pretax Income | -$9.472M | $586.0K |
| YoY Change | -1716.38% | -72.77% |
| Income Tax | -$560.0K | -$1.148M |
| % Of Pretax Income | -195.9% | |
| Net Earnings | -$8.455M | $1.734M |
| YoY Change | -587.6% | 45.59% |
| Net Earnings / Revenue | -20.67% | 5.16% |
| Basic Earnings Per Share | -$0.29 | $0.06 |
| Diluted Earnings Per Share | -$0.29 | $0.06 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 28.67M shares | 27.76M shares |
| Diluted Shares Outstanding | 28.67M shares | 29.37M shares |
Balance Sheet
| Concept | 2014 Q1 | 2013 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $47.00M | $82.50M |
| YoY Change | -43.03% | 16.36% |
| Cash & Equivalents | $47.04M | $82.46M |
| Short-Term Investments | ||
| Other Short-Term Assets | $10.30M | $6.200M |
| YoY Change | 66.13% | -27.06% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $50.50M | $42.70M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $107.9M | $131.4M |
| YoY Change | -17.92% | 22.46% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $17.75M | $14.71M |
| YoY Change | 20.67% | 177.53% |
| Goodwill | $23.31M | |
| YoY Change | ||
| Intangibles | $25.53M | |
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.401M | $5.955M |
| YoY Change | -76.47% | -0.75% |
| Total Long-Term Assets | $78.59M | $20.99M |
| YoY Change | 274.38% | 84.15% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $107.9M | $131.4M |
| Total Long-Term Assets | $78.59M | $20.99M |
| Total Assets | $186.5M | $152.4M |
| YoY Change | 22.35% | 28.39% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $12.47M | $5.743M |
| YoY Change | 117.19% | 22.19% |
| Accrued Expenses | $8.798M | $4.418M |
| YoY Change | 99.14% | 38.06% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $79.94M | $55.38M |
| YoY Change | 44.35% | 43.47% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $3.484M | $1.327M |
| YoY Change | 162.55% | -52.61% |
| Total Long-Term Liabilities | $3.484M | $1.327M |
| YoY Change | 162.55% | -52.61% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $79.94M | $55.38M |
| Total Long-Term Liabilities | $3.484M | $1.327M |
| Total Liabilities | $87.30M | $59.14M |
| YoY Change | 47.61% | 42.51% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $9.873M | $16.62M |
| YoY Change | -40.59% | |
| Common Stock | $34.00K | $32.00K |
| YoY Change | 6.25% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $13.94M | $13.94M |
| YoY Change | 0.0% | |
| Treasury Stock Shares | 4.418M shares | |
| Shareholders Equity | $99.16M | $93.26M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $186.5M | $152.4M |
| YoY Change | 22.35% | 28.39% |
Cashflow Statement
| Concept | 2014 Q1 | 2013 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$8.455M | $1.734M |
| YoY Change | -587.6% | 45.59% |
| Depreciation, Depletion And Amortization | $2.591M | $967.0K |
| YoY Change | 167.94% | 124.88% |
| Cash From Operating Activities | $3.409M | $1.261M |
| YoY Change | 170.34% | -63.17% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $1.656M | $948.0K |
| YoY Change | 74.68% | -192.04% |
| Acquisitions | $22.05M | $0.00 |
| YoY Change | ||
| Other Investing Activities | $15.19M | |
| YoY Change | ||
| Cash From Investing Activities | $12.81M | -$1.744M |
| YoY Change | -834.29% | 69.16% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -$13.81M | -$613.0K |
| YoY Change | 2153.18% | -1073.02% |
| NET CHANGE | ||
| Cash From Operating Activities | $3.409M | $1.261M |
| Cash From Investing Activities | $12.81M | -$1.744M |
| Cash From Financing Activities | -$13.81M | -$613.0K |
| Net Change In Cash | $2.403M | -$1.096M |
| YoY Change | -319.25% | -144.63% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $3.409M | $1.261M |
| Capital Expenditures | $1.656M | $948.0K |
| Free Cash Flow | $1.753M | $313.0K |
| YoY Change | 460.06% | -92.97% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
12473000 | USD |
| CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
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7839000 | USD |
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Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
8798000 | USD |
| CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5210000 | USD |
| CY2014Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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|
-26000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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|
0 | USD |
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Allocated Share Based Compensation Expense
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Additional Paid In Capital
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Allocated Share Based Compensation Expense
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|
3420000 | USD |
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Allowance For Doubtful Accounts Receivable Current
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1060000 | USD |
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Allowance For Doubtful Accounts Receivable Current
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Amortization Of Financing Costs
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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|
10000 | shares |
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Assets
Assets
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Assets
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Assets Current
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Assets Current
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Business Acquisition Pro Forma Earnings Per Share Basic
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Business Acquisitions Pro Forma Net Income Loss
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Business Acquisitions Pro Forma Revenue
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Business Combination Acquisition Related Costs
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Business Combination Acquisition Related Costs
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents Period Increase Decrease
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Cash And Cash Equivalents Period Increase Decrease
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Commitments And Contingencies
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Common Stock Par Or Stated Value Per Share
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0.001 | |
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Common Stock Par Or Stated Value Per Share
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Common Stock Shares Authorized
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Common Stock Shares Authorized
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Common Stock Shares Issued
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Common Stock Shares Issued
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Common Stock Shares Outstanding
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Common Stock Shares Outstanding
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Common Stock Value
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Common Stock Value
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Comprehensive Income Net Of Tax
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Comprehensive Income Net Of Tax
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Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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Cost Of Services
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Deferred Revenue Current
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Deferred Revenue Noncurrent
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Deferred Revenue Noncurrent
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Deferred Tax Assets Net Noncurrent
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Deferred Tax Expense From Stock Options Exercised
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Deferred Tax Expense From Stock Options Exercised
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Depreciation Depletion And Amortization
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Depreciation Depletion And Amortization
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|
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Earnings Per Share Basic
EarningsPerShareBasic
|
-0.29 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
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0.06 | |
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Earnings Per Share Diluted
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-0.29 | |
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Earnings Per Share Diluted
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0.06 | |
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Effect Of Exchange Rate On Cash And Cash Equivalents
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Effect Of Exchange Rate On Cash And Cash Equivalents
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Effective Income Tax Rate Continuing Operations
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Effective Income Tax Rate Continuing Operations
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Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.34 | |
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EmployeeRelatedLiabilitiesCurrent
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Employee Related Liabilities Current
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Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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Finitelived Intangible Assets Acquired1
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Goodwill
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|
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Goodwill
Goodwill
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Gross Profit
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Gross Profit
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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Net Income Loss
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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Income Tax Expense Benefit
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Income Tax Expense Benefit
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Increase Decrease In Accounts Payable
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Increase Decrease In Accounts Payable
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Increase Decrease In Accrued Liabilities
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Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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Increase Decrease In Deferred Revenue
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Increase Decrease In Deferred Revenue
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|
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Increase Decrease In Employee Related Liabilities
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Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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| CY2013Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1162000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
812000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
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| CY2013Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD |
| CY2014Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
25532000 | USD |
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Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
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Liabilities
Liabilities
|
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Liabilities
Liabilities
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Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
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Liabilities And Stockholders Equity
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Liabilities Current
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Liabilities Current
LiabilitiesCurrent
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License Costs
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License Costs
LicenseCosts
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Licenses Revenue
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Licenses Revenue
LicensesRevenue
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Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
|
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Maintenance Costs
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|
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| CY2013Q1 | us-gaap |
Maintenance Costs
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2082000 | USD |
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Maintenance Revenue
MaintenanceRevenue
|
12621000 | USD |
| CY2013Q1 | us-gaap |
Maintenance Revenue
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|
11034000 | USD |
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Minority Interest
MinorityInterest
|
0 | USD |
| CY2014Q1 | us-gaap |
Minority Interest
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|
3054000 | USD |
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Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization and Nature of Operations</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">PROS Holdings, Inc., a Delaware corporation, through its operating subsidiaries ("PROS" or the “Company”), provides big data software applications designed to help companies outperform in their markets by using big data to sell more effectively. The Company applies data science to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. The Company offers big data software applications to analyze, execute, and optimize sales, pricing, quoting, rebates and revenue management. The Company also provides professional services to implement its software applications as well as business consulting. In addition, the Company provides product maintenance and support to its customers, including unspecified upgrades, maintenance releases and bug fixes during the term of the support period on a when-and-if-available basis. The Company provides its big data software applications to enterprises across a range of industries, including manufacturing, distribution, services and travel. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In December 2013, the Company acquired SignalDemand, Inc. ("SignalDemand"), an optimization software company headquartered in San Francisco, California, with approximately </font><font style="font-family:inherit;font-size:10pt;">40</font><font style="font-family:inherit;font-size:10pt;"> professionals, for total cash consideration of </font><font style="font-family:inherit;font-size:10pt;">$13.5 million</font><font style="font-family:inherit;font-size:10pt;">. This acquisition broadens the Company's offerings to companies in resource-based and commodity-driven industries, with products designed to help them better serve their customers in volatile markets with greater confidence and agility. Through its SaaS-based solutions, SignalDemand processes thousands of variables to deliver real-time recommendations to help companies make price and mix decisions across products, customers and channels. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 8, 2014, the Company acquired approximately </font><font style="font-family:inherit;font-size:10pt;">81.7%</font><font style="font-family:inherit;font-size:10pt;"> of the common stock of Cameleon Software SA, a publicly traded French société anonyme ("Cameleon") headquartered in Toulouse, France, in an all-cash tender offer for approximately </font><font style="font-family:inherit;font-size:10pt;">$29.1 million</font><font style="font-family:inherit;font-size:10pt;">. The Company has continued to purchase shares of Cameleon in the open market. Since the initial tender offer the Company has acquired additional </font><font style="font-family:inherit;font-size:10pt;">7.6%</font><font style="font-family:inherit;font-size:10pt;"> of Cameleon's common stock for approximately </font><font style="font-family:inherit;font-size:10pt;">$2.7 million</font><font style="font-family:inherit;font-size:10pt;">. As of March 31, 2014, the Company owned </font><font style="font-family:inherit;font-size:10pt;">89.3%</font><font style="font-family:inherit;font-size:10pt;"> of Cameleon.</font></div></div> | |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-13812000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-613000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1744000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
12806000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1261000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3409000 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8455000 | USD |
| CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
352000 | USD |
| CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
414000 | USD |
| CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
40000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1251000 | USD |
| CY2014Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1401000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-26000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1734000 | USD |
| CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
546000 | USD |
| CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2014Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2014Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
7842000 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-457000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
| CY2013Q1 | us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
0 | USD |
| CY2014Q1 | us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
2693000 | USD |
| CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8500000 | USD |
| CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
689000 | USD |
| CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1994000 | USD |
| CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
893000 | USD |
| CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
295000 | USD |
| CY2014Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3484000 | USD |
| CY2013Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-103000 | USD |
| CY2014Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-972000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
22048000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
948000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1656000 | USD |
| CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2014Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2014Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2014Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
6157000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
944000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1409000 | USD |
| CY2013Q1 | us-gaap |
Profit Loss
ProfitLoss
|
1734000 | USD |
| CY2014Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-8912000 | USD |
| CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
17750000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
15587000 | USD |
| CY2014Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-200000 | USD |
| CY2013Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-60000 | USD |
| CY2013Q1 | us-gaap |
Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
|
8096000 | USD |
| CY2014Q1 | us-gaap |
Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
|
11559000 | USD |
| CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
39718000 | USD |
| CY2014Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
2478000 | USD |
| CY2013Q4 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
100000 | USD |
| CY2014Q1 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
100000 | USD |
| CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
18328000 | USD |
| CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
9873000 | USD |
| CY2014Q1 | us-gaap |
Revenues
Revenues
|
40913000 | USD |
| CY2013Q1 | us-gaap |
Revenues
Revenues
|
33626000 | USD |
| CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4407000 | USD |
| CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3420000 | USD |
| CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
|
0.05 | |
| CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
|
0.10 | |
| CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
900000 | shares |
| CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
8168000 | shares |
| CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
934442 | shares |
| CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
99160000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
111303000 | USD |
| CY2014Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
4417585 | shares |
| CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
4417585 | shares |
| CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
13938000 | USD |
| CY2014Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
13938000 | USD |
| CY2014Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
200000 | USD |
| CY2014Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company’s management prepares the unaudited condensed consolidated financial statements in accordance with GAAP. The Company makes estimates and assumptions in the preparation of its unaudited condensed consolidated financial statements, and its estimates and assumptions may affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates. The complexity and judgment required in the Company’s estimation process, as well as issues related to the assumptions, risks and uncertainties inherent in the application of the percentage-of-completion method of accounting, affect the amounts of revenue, expenses, unbilled receivables and deferred revenue. Estimates are also used for, but not limited to, receivables, allowance for doubtful accounts, useful lives of assets, depreciation, income taxes and deferred tax asset valuation, valuation of stock options, other current liabilities and accrued liabilities. Numerous internal and external factors can affect estimates. The critical accounting policies related to the estimates and judgments are discussed in the Company’s Annual Report under management’s discussion and analysis of financial condition and results of operations. There have been no significant changes to the Company’s critical accounting policies as described in the Company’s Annual Report.</font></div></div> | |
| CY2014Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1607945 | shares |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28667782 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
29365342 | shares |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28667782 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27757397 | shares |
| CY2014Q1 | pro |
Account And Unbilled Receivables Net
AccountAndUnbilledReceivablesNet
|
50501000 | USD |
| CY2013Q4 | pro |
Account And Unbilled Receivables Net
AccountAndUnbilledReceivablesNet
|
46566000 | USD |
| CY2013Q1 | pro |
Accounts And Unbilled Receivables
AccountsAndUnbilledReceivables
|
3877000 | USD |
| CY2014Q1 | pro |
Accounts And Unbilled Receivables
AccountsAndUnbilledReceivables
|
-6732000 | USD |
| CY2013Q1 | pro |
Discretetaxbenefitrelatedto R Dcredit
DiscretetaxbenefitrelatedtoRDcredit
|
1400000 | USD |
| CY2014Q1 | pro |
Esp Pcontributionsby Employees
ESPPcontributionsbyEmployees
|
200000 | USD |
| CY2013Q1 | pro |
Internal Use Software Development Costs Capitalized
InternalUseSoftwareDevelopmentCostsCapitalized
|
796000 | USD |
| CY2014Q1 | pro |
Internal Use Software Development Costs Capitalized
InternalUseSoftwareDevelopmentCostsCapitalized
|
730000 | USD |
| CY2014Q1 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2014Q1 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2014Q1 | pro |
Maximum Amount Contributable By Employees Under Espp Annually
MaximumAmountContributableByEmployeesUnderESPPAnnually
|
10000 | USD |
| CY2014Q1 | pro |
Maximum Amount Contributablebyemployeesunder Espp Halfyearly
MaximumAmountContributablebyemployeesunderESPPHalfyearly
|
5000 | USD |
| CY2014Q1 | pro |
Premiumtobepaidpershare
Premiumtobepaidpershare
|
0.15 | |
| CY2013Q1 | pro |
Selling General And Administrative Expenses
SellingGeneralAndAdministrativeExpenses
|
14288000 | USD |
| CY2014Q1 | pro |
Selling General And Administrative Expenses
SellingGeneralAndAdministrativeExpenses
|
22455000 | USD |
| CY2014Q1 | pro |
Sharebasedcompensationarrangementbysharebasedpayment Minimum Employee Subscriptionrate
SharebasedcompensationarrangementbysharebasedpaymentMinimumEmployeeSubscriptionrate
|
0.01 | |
| CY2014Q1 | pro |
Tax Withholding Related To Net Share Settlement Of Restricted Stock Units
TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits
|
12063000 | USD |
| CY2013Q1 | pro |
Tax Withholding Related To Net Share Settlement Of Restricted Stock Units
TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits
|
2022000 | USD |
| CY2013Q4 | pro |
Treasury Money Market Funds At Fair Value
TreasuryMoneyMarketFundsAtFairValue
|
21000000 | USD |
| CY2014Q1 | pro |
Treasury Money Market Funds At Fair Value
TreasuryMoneyMarketFundsAtFairValue
|
26700000 | USD |
| CY2014Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2014Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2014Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2014Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
| CY2014Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-03-31 | |
| CY2014Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2014Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001392972 | |
| CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
28942417 | shares |
| CY2014Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2014Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
| CY2014Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
PROS HOLDINGS, INC. |
