2019 Q1 Form 10-Q Financial Statement

#000139297219000086 Filed on April 25, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $56.13M $47.91M
YoY Change 17.16% 19.39%
Cost Of Revenue $20.79M $19.52M
YoY Change 6.5% 17.53%
Gross Profit $35.34M $28.39M
YoY Change 24.49% 20.7%
Gross Profit Margin 62.96% 59.25%
Selling, General & Admin $33.15M $28.26M
YoY Change 17.32% 5.12%
% of Gross Profit 93.81% 99.54%
Research & Development $15.80M $14.78M
YoY Change 6.87% 3.33%
% of Gross Profit 44.7% 52.08%
Depreciation & Amortization $3.325M $3.364M
YoY Change -1.16% 65.47%
% of Gross Profit 9.41% 11.85%
Operating Expenses $48.95M $43.04M
YoY Change 13.73% 4.5%
Operating Profit -$13.61M -$14.75M
YoY Change -7.71% -16.53%
Interest Expense -$4.360M -$4.180M
YoY Change 4.31% 74.9%
% of Operating Profit
Other Income/Expense, Net $1.271M $202.0K
YoY Change 529.21% 531.25%
Pretax Income -$16.70M -$18.72M
YoY Change -10.84% -6.52%
Income Tax $222.0K $132.0K
% Of Pretax Income
Net Earnings -$16.92M -$18.86M
YoY Change -10.28% -6.69%
Net Earnings / Revenue -30.14% -39.36%
Basic Earnings Per Share -$0.45 -$0.58
Diluted Earnings Per Share -$0.45 -$0.58
COMMON SHARES
Basic Shares Outstanding 37.62M shares 32.38M shares
Diluted Shares Outstanding 37.62M shares 32.38M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $272.6M $148.1M
YoY Change 84.06% 25.61%
Cash & Equivalents $272.6M $148.1M
Short-Term Investments
Other Short-Term Assets $10.90M $10.00M
YoY Change 9.0% 47.06%
Inventory
Prepaid Expenses
Receivables $45.60M $29.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $329.2M $187.2M
YoY Change 75.86% 18.9%
LONG-TERM ASSETS
Property, Plant & Equipment $15.92M $14.80M
YoY Change 7.59% 0.07%
Goodwill $38.03M $38.76M
YoY Change -1.9% 91.47%
Intangibles $17.48M $25.06M
YoY Change -30.26% 107.53%
Long-Term Investments
YoY Change
Other Assets $5.530M $4.239M
YoY Change 30.46% -31.65%
Total Long-Term Assets $115.8M $93.29M
YoY Change 24.14% 75.0%
TOTAL ASSETS
Total Short-Term Assets $329.2M $187.2M
Total Long-Term Assets $115.8M $93.29M
Total Assets $445.0M $280.5M
YoY Change 58.66% 33.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.562M $3.606M
YoY Change 109.71% -42.33%
Accrued Expenses $12.35M $5.329M
YoY Change 131.79% -28.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $138.4M
YoY Change
Total Short-Term Liabilities $287.2M $101.1M
YoY Change 183.97% 7.11%
LONG-TERM LIABILITIES
Long-Term Debt $89.90M $216.1M
YoY Change -58.4% 74.27%
Other Long-Term Liabilities $740.0K $853.0K
YoY Change -13.25% 35.83%
Total Long-Term Liabilities $740.0K $853.0K
YoY Change -13.25% 35.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $287.2M $101.1M
Total Long-Term Liabilities $740.0K $853.0K
Total Liabilities $414.5M $335.6M
YoY Change 23.51% 45.54%
SHAREHOLDERS EQUITY
Retained Earnings -$309.6M -$247.3M
YoY Change 25.19% 37.04%
Common Stock $42.00K $37.00K
YoY Change 13.51% 2.78%
Preferred Stock
YoY Change
Treasury Stock (at cost) $13.94M $13.94M
YoY Change 0.0% 0.0%
Treasury Stock Shares 4.418M shares 4.418M shares
Shareholders Equity $30.47M -$55.14M
YoY Change
Total Liabilities & Shareholders Equity $445.0M $280.5M
YoY Change 58.66% 33.1%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income -$16.92M -$18.86M
YoY Change -10.28% -6.69%
Depreciation, Depletion And Amortization $3.325M $3.364M
YoY Change -1.16% 65.47%
Cash From Operating Activities -$8.095M -$4.732M
YoY Change 71.07% -61.19%
INVESTING ACTIVITIES
Capital Expenditures $611.0K $778.0K
YoY Change -21.47% 60.74%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$1.529M -$2.094M
YoY Change -26.98% -123.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$13.30M -$5.604M
YoY Change 137.26% 95.53%
NET CHANGE
Cash From Operating Activities -$8.095M -$4.732M
Cash From Investing Activities -$1.529M -$2.094M
Cash From Financing Activities -$13.30M -$5.604M
Net Change In Cash -$22.84M -$12.43M
YoY Change 83.75% 102.71%
FREE CASH FLOW
Cash From Operating Activities -$8.095M -$4.732M
Capital Expenditures $611.0K $778.0K
Free Cash Flow -$8.706M -$5.510M
YoY Change 58.0% -56.54%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q1 pro Lessee Operating Lease Anticipated Incentives
LesseeOperatingLeaseAnticipatedIncentives
14207000 USD
CY2019Q1 pro Maximum Amount Contributable By Employees Under Espp Annually
MaximumAmountContributableByEmployeesUnderESPPAnnually
10000 USD
CY2019Q1 pro Totalsubscriptionmaintenanceandsupportrevenue
Totalsubscriptionmaintenanceandsupportrevenue
45742000 USD
CY2018Q4 pro Treasury Money Market Funds At Fair Value
TreasuryMoneyMarketFundsAtFairValue
268600000 USD
CY2019Q1 pro Maximum Amount Contributablebyemployeesunder Espp Halfyearly
MaximumAmountContributablebyemployeesunderESPPHalfyearly
5000 USD
CY2018Q1 pro Percentage Of Total Revenue
PercentageOfTotalRevenue
1.00
CY2019Q1 pro Percentage Of Total Revenue
PercentageOfTotalRevenue
1.00
CY2019Q1 dei Amendment Flag
AmendmentFlag
false
CY2019Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001392972
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
37872836 shares
CY2019Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2019Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
PROS HOLDINGS, INC.
CY2018Q4 pro Account And Unbilled Receivables Net
AccountAndUnbilledReceivablesNet
41822000 USD
CY2019Q1 pro Account And Unbilled Receivables Net
AccountAndUnbilledReceivablesNet
45598000 USD
CY2018Q1 pro Accounts And Unbilled Receivables
AccountsAndUnbilledReceivables
-3454000 USD
CY2019Q1 pro Accounts And Unbilled Receivables
AccountsAndUnbilledReceivables
3773000 USD
CY2018Q1 pro Convertibledebtinterestandamortization
Convertibledebtinterestandamortization
4179000 USD
CY2019Q1 pro Convertibledebtinterestandamortization
Convertibledebtinterestandamortization
4356000 USD
CY2018Q1 pro Costofsubscriptionmaintenanceandsupport
Costofsubscriptionmaintenanceandsupport
11721000 USD
CY2019Q1 pro Costofsubscriptionmaintenanceandsupport
Costofsubscriptionmaintenanceandsupport
12527000 USD
CY2018Q1 pro Cumulativeeffectofadoptionofsection606
Cumulativeeffectofadoptionofsection606
9724000 USD
CY2019Q1 pro Esp Pcontributionsby Employees
ESPPcontributionsbyEmployees
621000 USD
CY2018Q1 pro Internal Use Software Development Costs Capitalized
InternalUseSoftwareDevelopmentCostsCapitalized
1316000 USD
CY2019Q1 pro Internal Use Software Development Costs Capitalized
InternalUseSoftwareDevelopmentCostsCapitalized
868000 USD
CY2019Q1 pro Revenue Remaining Performance Obligationtoberecognizedwithin12months
RevenueRemainingPerformanceObligationtoberecognizedwithin12months
183500000 USD
CY2019Q1 pro Sharebasedcompensationarrangementbysharebasedpayment Minimum Employee Subscriptionrate
SharebasedcompensationarrangementbysharebasedpaymentMinimumEmployeeSubscriptionrate
0.01
CY2018Q1 pro Tax Withholding Related To Net Share Settlement Of Restricted Stock Units
TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits
7255000 USD
CY2019Q1 pro Tax Withholding Related To Net Share Settlement Of Restricted Stock Units
TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits
14239000 USD
CY2018Q1 pro Totalsubscriptionmaintenanceandsupportrevenue
Totalsubscriptionmaintenanceandsupportrevenue
37524000 USD
CY2019Q1 pro Treasury Money Market Funds At Fair Value
TreasuryMoneyMarketFundsAtFairValue
248700000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
6934000 USD
CY2019Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
7562000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
9506000 USD
CY2019Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12352000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3374000 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3644000 USD
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
364877000 USD
CY2019Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
357635000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6054000 USD
CY2018Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5936000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6046000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5991000 USD
CY2018Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
57000 USD
CY2019Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
200000 USD
CY2019Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1565000 USD
CY2018Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
3900000 USD
CY2019Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
4300000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
978000 USD
CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
974000 USD
CY2018Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2580000 USD
CY2019Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2741000 USD
CY2018Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
700000 USD
CY2019Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
1100000 USD
CY2018Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
349000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
365000 USD
CY2018Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2941000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3116000 USD
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2100000 shares
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2018Q4 us-gaap Assets
Assets
436967000 USD
CY2019Q1 us-gaap Assets
Assets
444991000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
346143000 USD
CY2019Q1 us-gaap Assets Current
AssetsCurrent
329172000 USD
CY2018Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
95000 USD
CY2019Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2018Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
200000 USD
CY2019Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
493000 USD
CY2018Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
100000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
160505000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
148146000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
295476000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
272636000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-12359000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-22840000 USD
CY2019Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
41573491 shares
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
42290246 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37155906 shares
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37872661 shares
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
42000 USD
CY2019Q1 us-gaap Common Stock Value
CommonStockValue
42000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-18329000 USD
CY2018Q4 us-gaap Convertible Debt
ConvertibleDebt
225190000 USD
CY2019Q1 us-gaap Convertible Debt
ConvertibleDebt
228296000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-17187000 USD
CY2019Q1 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
18400000 USD
CY2019Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
10746000 USD
CY2019Q1 us-gaap Deferred Costs
DeferredCosts
13861000 USD
CY2018Q4 us-gaap Deferred Costs
DeferredCosts
13373000 USD
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.013
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
22519000 USD
CY2018Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
136529000 USD
CY2019Q1 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
138442000 USD
CY2018Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
88661000 USD
CY2019Q1 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
89854000 USD
CY2019Q1 us-gaap Cost Method Investments Fair Value Disclosure
CostMethodInvestmentsFairValueDisclosure
2000000 USD
CY2018Q1 us-gaap Cost Of Goods Sold Subscription
CostOfGoodsSoldSubscription
8764000 USD
CY2019Q1 us-gaap Cost Of Goods Sold Subscription
CostOfGoodsSoldSubscription
9725000 USD
CY2018Q1 us-gaap Cost Of Revenue
CostOfRevenue
19521000 USD
CY2019Q1 us-gaap Cost Of Revenue
CostOfRevenue
20790000 USD
CY2018Q1 us-gaap Cost Of Services
CostOfServices
7727000 USD
CY2019Q1 us-gaap Cost Of Services
CostOfServices
8202000 USD
CY2018Q4 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
37560000 USD
CY2019Q1 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
37560000 USD
CY2018Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
250000000 USD
CY2019Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
250000000 USD
CY2018Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
251505000 USD
CY2019Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
298200000 USD
CY2018Q1 us-gaap Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
1250000 USD
CY2019Q1 us-gaap Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
1250000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
24810000 USD
CY2019Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
21704000 USD
CY2018Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
4089000 USD
CY2019Q1 us-gaap Deferred Costs Current
DeferredCostsCurrent
4494000 USD
CY2018Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
17500000 USD
CY2018Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
99262000 USD
CY2019Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
112439000 USD
CY2018Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
17903000 USD
CY2019Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
16352000 USD
CY2018Q1 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
30200000 USD
CY2019Q1 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
38300000 USD
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3364000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3325000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.58
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.45
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.58
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.45
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.58
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.45
CY2018Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
71000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
80000 USD
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.007
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
57558000 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y10M2D
CY2018Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-35000 USD
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10689000 USD
CY2019Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11667000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
38231000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
38028000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
28389000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
35341000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-18724000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-16695000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
132000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
222000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
690000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
565000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1415000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2634000 USD
CY2018Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
8637000 USD
CY2019Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
11646000 USD
CY2018Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-8181000 USD
CY2019Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-11779000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-238000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
893000 USD
CY2018Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1575000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2065000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
19354000 USD
CY2019Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17475000 USD
CY2018Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
4179000 USD
CY2019Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
4356000 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
2535000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
64072000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
38696000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4590000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4575000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6018000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5166000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5027000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
23831000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
382068000 USD
CY2019Q1 us-gaap Liabilities
Liabilities
414521000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
436967000 USD
CY2019Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
444991000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
274750000 USD
CY2019Q1 us-gaap Liabilities Current
LiabilitiesCurrent
287229000 USD
CY2018Q1 us-gaap License Costs
LicenseCosts
73000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-16917000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
2249000 USD
CY2019Q1 us-gaap License Costs
LicenseCosts
61000 USD
CY2018Q1 us-gaap Licenses Revenue
LicensesRevenue
1066000 USD
CY2019Q1 us-gaap Licenses Revenue
LicensesRevenue
506000 USD
CY2019Q1 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2019Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
50000000 USD
CY2019Q1 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.02
CY2018Q1 us-gaap Maintenance Costs
MaintenanceCosts
2957000 USD
CY2019Q1 us-gaap Maintenance Costs
MaintenanceCosts
2802000 USD
CY2018Q1 us-gaap Maintenance Revenue
MaintenanceRevenue
16574000 USD
CY2019Q1 us-gaap Maintenance Revenue
MaintenanceRevenue
15327000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5604000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-13296000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2094000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1529000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4732000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8095000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-18856000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-14747000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-13610000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
26034000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5688000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
20346000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1016000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
25003000 USD
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0758
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
P7Y10M28D
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
80153000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
4164000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
5679000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
6181000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
5115000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1649000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
57365000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5190000 USD
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5530000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
527000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-270000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
527000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-270000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15922000 USD
CY2019Q1 us-gaap Purchase Obligation
PurchaseObligation
70000000 USD
CY2018Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
58000 USD
CY2019Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
CY2018Q1 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
14784000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
754000 USD
CY2019Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
740000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
202000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1271000 USD
CY2018Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2019Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
50000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
778000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
611000 USD
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2019Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2019Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4756000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6444000 USD
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
875000 USD
CY2019Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2018Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
834000 USD
CY2019Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
943000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14676000 USD
CY2019Q1 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
15799000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-292708000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-309625000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
381200000 USD
CY2018Q1 us-gaap Revenues
Revenues
47910000 USD
CY2019Q1 us-gaap Revenues
Revenues
56131000 USD
CY2018Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
9320000 USD
CY2019Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
9883000 USD
CY2018Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
17568000 USD
CY2019Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
21485000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5936000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6046000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
0.15
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.10
CY2019Q1 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
35340 shares
CY2018Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-7255000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-14239000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-46979000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
-55139000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
54899000 USD
CY2018Q1 us-gaap Subscription Revenue
SubscriptionRevenue
20950000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
30470000 USD
CY2019Q1 us-gaap Sublease Income
SubleaseIncome
17000 USD
CY2019Q1 us-gaap Subscription Revenue
SubscriptionRevenue
30415000 USD
CY2019Q1 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
4417585 shares
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
4417585 shares
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
13938000 USD
CY2019Q1 us-gaap Treasury Stock Value
TreasuryStockValue
13938000 USD
CY2019Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
135000 USD
CY2019Q1 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
1500000 USD
CY2019Q1 us-gaap Variable Lease Cost
VariableLeaseCost
303000 USD
CY2018Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32378000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37623000 shares
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
32378000 shares
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
37623000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32378000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37623000 shares
CY2019Q1 us-gaap 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%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</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 (collectively, the "Company"), provides artificial intelligence ("AI") solutions that power commerce in the digital economy by providing fast, frictionless and personalized buying experiences. PROS solutions enable dynamic buying experiences for both business-to-business ("B2B") and business-to-consumer ("B2C") companies across industry verticals. Companies can use the Company's dynamic pricing optimization, sales effectiveness, revenue management and commerce solutions to assess their market environments in real time to deliver customized prices and offers. The Company's solutions enable buyers to move fluidly across its customers&#8217; direct sales, online, mobile and partner channels with personalized experiences regardless of which channel those customers choose. The Company's decades of data science and AI expertise are infused into its solutions and are designed to reduce time and complexity through actionable intelligence. The Company provides standard configurations of its software based on the industries it serves and offers professional services to configure these solutions to meet the specific needs of each customer.</font></div></div>
CY2019Q1 us-gaap Revenue Recognition Customer Acquisitions
RevenueRecognitionCustomerAcquisitions
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Deferred costs</font></div><div style="line-height:120%;text-indent:48px;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;">Sales commissions earned by the Company's sales representatives are considered incremental and recoverable costs of obtaining a customer contract. Sales commissions are deferred and amortized on a straight-line basis over the period of benefit, which the Company has determined to be five to eight years. The Company determined the period of benefit by taking into consideration its customer contracts, expected renewals of those customer contracts (as the Company currently does not pay an incremental sales commission), the Company's technology and other factors. The Company also defers amounts earned by employees other than sales representatives who earn incentive payments under compensation plans that are also tied to the value of customer contracts acquired. Deferred costs were&#160;</font><font style="font-family:inherit;font-size:10pt;">$18.4 million</font><font style="font-family:inherit;font-size:10pt;">&#160;and&#160;</font><font style="font-family:inherit;font-size:10pt;">$17.5 million</font><font style="font-family:inherit;font-size:10pt;">&#160;as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">&#160;and&#160;</font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;">, respectively. Amortization expense for the deferred costs was&#160;</font><font style="font-family:inherit;font-size:10pt;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">&#160;and&#160;</font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div>
CY2019Q1 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Deferred revenue</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;">Deferred revenue primarily consists of customer invoicing in advance of revenues being recognized. The Company generally invoices its customers annually in advance for subscription services and maintenance and support services. Deferred revenue that is anticipated to be recognized during the next twelve-month period is recorded as current deferred revenue and the remaining portion is recorded as long-term.</font></div></div>
CY2019Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;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%;text-indent:48px;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 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 determining the nature and timing of satisfaction of performance obligations and determining the standalone selling price of performance obligations, 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, operating lease right-of-use assets and operating lease liabilities, useful lives of assets, depreciation and amortization, 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 estimates and judgments are discussed in the Annual Report under management's discussion and analysis of financial condition and results of operations and are also discussed under Item 2 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">"Management's discussion and analysis of financial condition and results of operations</font><font style="font-family:inherit;font-size:10pt;">".</font></div></div>

Files In Submission

Name View Source Status
0001392972-19-000086-index-headers.html Edgar Link pending
0001392972-19-000086-index.html Edgar Link pending
0001392972-19-000086.txt Edgar Link pending
0001392972-19-000086-xbrl.zip Edgar Link pending
a2019q1ex311ceocertificati.htm Edgar Link pending
a2019q1ex312cfocertificati.htm Edgar Link pending
a2019q1ex321ceocfocertific.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
form10-q2019q1.htm Edgar Link pending
pro-20190331.xml Edgar Link completed
pro-20190331.xsd Edgar Link pending
pro-20190331_cal.xml Edgar Link unprocessable
pro-20190331_def.xml Edgar Link unprocessable
pro-20190331_lab.xml Edgar Link unprocessable
pro-20190331_pre.xml Edgar Link unprocessable
proslogoa03a01a01a01a17.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending