INFA » Topics » Research and Development

These excerpts taken from the INFA 10-K filed Feb 28, 2008.
Research and Development
 
                                         
                      Percentage Change  
                      2006
    2005
 
    Years Ended December 31,     to
    to
 
    2007     2006     2005     2007     2006  
    (In thousands, except percentages)  
 
Research and development
  $ 69,908     $ 54,997     $ 42,585       27 %     29 %
 
Our research and development expenses consist primarily of salaries and other personnel-related expenses, consulting services, facilities, and related overhead costs associated with the development of new products, enhancement and localization of existing products, quality assurance, and development of documentation for our products. Research and development expenses were $69.9 million (or 18% of total revenues), $55.0 million (or 17% of total revenues), and $42.6 million (or 16% of total revenues) for the years ended December 31, 2007, 2006 and 2005, respectively. The $14.9 million (or 27%) increase in 2007 from 2006 was primarily due to an $11.4 million increase in personnel-related cost including travel-related and equipment-related expense, as a result of headcount increasing from 330 in 2006 to 375 in 2007. Also contributing to this increase was a $1.2 million increase in consulting and temporary outside services. The $12.4 million (or 29%) increase in 2006 from 2005 was primarily due to a $4.0 million increase in personnel-related cost including travel-related and equipment-related expense, as a result of headcount increasing from 259 in 2005 to 330 in 2006. Most of the headcount increase was related to the acquisitions of Similarity and Itemfield. Also contributing to this increase was an increase of $3.6 million in legal expenses related to the Business Objects lawsuit, a $2.6 million increase in stock-based compensation, and a $1.4 million increase in consulting services. To date, all software and development costs have been expensed because they were incurred prior to the establishment of technological feasibility. As a percentage of total revenues, we expect the research and development expenses in 2008 remain relatively consistent or decrease slightly compared with 2007 levels.
 
Research
and Development



 



























































































































                                         

 

 

 

 

 

 

 

 

 

 

 

Percentage Change

 

 

 

 

 

 

 

 

 

 

 

 

2006



 

 

2005



 

 

 

Years Ended December 31,

 

 

to



 

 

to



 

 

 

2007

 

 

2006

 

 

2005

 

 

2007

 

 

2006

 

 

 

(In thousands, except percentages)

 
 


Research and development


 

$

69,908

 

 

$

54,997

 

 

$

42,585

 

 

 

27

%

 

 

29

%






 



Our research and development expenses consist primarily of
salaries and other personnel-related expenses, consulting
services, facilities, and related overhead costs associated with
the development of new products, enhancement and localization of
existing products, quality assurance, and development of
documentation for our products. Research and development
expenses were $69.9 million (or 18% of total revenues),
$55.0 million (or 17% of total revenues), and
$42.6 million (or 16% of total revenues) for the years
ended December 31, 2007, 2006 and 2005, respectively. The
$14.9 million (or 27%) increase in 2007 from 2006 was
primarily due to an $11.4 million increase in
personnel-related cost including travel-related and
equipment-related expense, as a result of headcount increasing
from 330 in 2006 to 375 in 2007. Also contributing to this
increase was a $1.2 million increase in consulting and
temporary outside services. The $12.4 million (or 29%)
increase in 2006 from 2005 was primarily due to a
$4.0 million increase in personnel-related cost including
travel-related and equipment-related expense, as a result of
headcount increasing from 259 in 2005 to 330 in 2006. Most of
the headcount increase was related to the acquisitions of
Similarity and Itemfield. Also contributing to this increase was
an increase of $3.6 million in legal expenses related to
the Business Objects lawsuit, a $2.6 million increase in
stock-based compensation, and a $1.4 million increase in
consulting services. To date, all software and development costs
have been expensed because they were incurred prior to the
establishment of technological feasibility. As a percentage of
total revenues, we expect the research and development expenses
in 2008 remain relatively consistent or decrease slightly
compared with 2007 levels.


 




These excerpts taken from the INFA 10-K filed Jan 29, 2008.
Research and Development
 
                                         
    Years Ended December 31,   Percentage Change
    2006   2005   2004   2005 to 2006   2004 to 2005
    (In thousands, except percentages)
 
Research and development
  $   54,997     $   42,585     $   51,322       29%       (17)%  
 
Our research and development expenses consist primarily of salaries and other personnel-related expenses, consulting services, facilities, and related overhead costs associated with the development of new products, enhancement and localization of existing products, quality assurance, and development of documentation for our products. The $12.4 million or 29% increase in 2006 from 2005 was primarily due to $4.0 million increase in personnel-related cost including travel-related and equipment-related expense, as a result of headcount increasing from 259 in 2005 to 330 in 2006. Most of the headcount increase was related to the acquisitions of Similarity and Itemfield. Also contributing to this increase was an increase of $3.6 million in legal expenses related to the Business Objects lawsuit, a $2.6 million increase in stock-based compensation, and a $1.4 million increase in consulting services. The $8.7 million or 17% decrease in 2005 from 2004 was primarily due to a $8.1 million decrease in facilities and related overhead costs in connection with the 2004 Restructuring Plan and a $1.7 million decrease in stock-based compensation and was partially offset by a $0.9 million increase in personnel-related costs including travel-related and equipment-related expenses, as a result of headcount increasing from 238 in 2004 to 259 in 2005. Research and development expenses represented 17%, 16%, and 23% of total revenues in 2006, 2005, and 2004, respectively. To date, all software and development costs have been expensed since they were incurred prior to the establishment of technological feasibility. For 2007, as a percentage of total revenues, we expect the research and development expenses to remain relatively consistent with 2006 levels.
 
Research
and Development



 















































































                                         

 

 

Years Ended December 31,

 

Percentage Change

 

 

2006

 

2005

 

2004

 

2005 to 2006

 

2004 to 2005

 

 

(In thousands, except percentages)
 


Research and development


 

$

  54,997

 

 

$

  42,585

 

 

$

  51,322

 

 

 

29%

 

 

 

(17)%

 






 



Our research and development expenses consist primarily of
salaries and other personnel-related expenses, consulting
services, facilities, and related overhead costs associated with
the development of new products, enhancement and localization of
existing products, quality assurance, and development of
documentation for our products. The $12.4 million or 29%
increase in 2006 from 2005 was primarily due to
$4.0 million increase in personnel-related cost including
travel-related and equipment-related expense, as a result of
headcount increasing from 259 in 2005 to 330 in 2006. Most of
the headcount increase was related to the acquisitions of
Similarity and Itemfield. Also contributing to this increase was
an increase of $3.6 million in legal expenses related to
the Business Objects lawsuit, a $2.6 million increase in
stock-based compensation, and a $1.4 million increase in
consulting services. The $8.7 million or 17% decrease in
2005 from 2004 was primarily due to a $8.1 million decrease
in facilities and related overhead costs in connection with the
2004 Restructuring Plan and a $1.7 million decrease in
stock-based compensation and was partially offset by a
$0.9 million increase in personnel-related costs including
travel-related and equipment-related expenses, as a result of
headcount increasing from 238 in 2004 to 259 in 2005. Research
and development expenses represented 17%, 16%, and 23% of total
revenues in 2006, 2005, and 2004, respectively. To date, all
software and development costs have been expensed since they
were incurred prior to the establishment of technological
feasibility. For 2007, as a percentage of total revenues, we
expect the research and development expenses to remain
relatively consistent with 2006 levels.


 




This excerpt taken from the INFA 10-K filed Feb 28, 2007.
Research and Development
 
                                         
    Years Ended December 31,   Percentage Change
    2006   2005   2004   2005 to 2006   2004 to 2005
    (In thousands, except percentages)
 
Research and development
  $   54,997     $   42,585     $   51,322       29%       (17)%  
 
Our research and development expenses consist primarily of salaries and other personnel-related expenses, consulting services, facilities, and related overhead costs associated with the development of new products, enhancement and localization of existing products, quality assurance, and development of documentation for our products. The $12.4 million or 29% increase in 2006 from 2005 was primarily due to $4.0 million increase in personnel-related cost including travel-related and equipment-related expense, as a result of headcount increasing from 259 in 2005 to 330 in 2006. Most of the headcount increase was related to the acquisitions of Similarity and Itemfield. Also contributing to this increase was an increase of $3.6 million in legal expenses related to the Business Objects lawsuit, a $2.6 million increase in stock-based compensation, and a $1.4 million increase in consulting services. The $8.7 million or 17% decrease in 2005 from 2004 was primarily due to a $8.1 million decrease in facilities and related overhead costs in connection with the 2004 Restructuring Plan and a $1.7 million decrease in stock-based compensation and was partially offset by a $0.9 million increase in personnel-related costs including travel-related and equipment-related expenses, as a result of headcount increasing from 238 in 2004 to 259 in 2005. Research and development expenses represented 17%, 16%, and 23% of total revenues in 2006, 2005, and 2004, respectively. To date, all software and development costs have been expensed since they were incurred prior to the establishment of technological feasibility. For 2007, as a percentage of total revenues, we expect the research and development expenses to remain relatively consistent with 2006 levels.
 
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki