LWSN » Topics » Research and Development.

This excerpt taken from the LWSN 10-Q filed Apr 3, 2009.
Research and Development.  Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to existing customers under maintenance plans and to new customers, testing, quality assurance and documentation.

 

For the third quarter of fiscal 2009, research and development expenses decreased $4.0 million, or 18.1%, compared to the third quarter of last year.  This decrease was primarily the result of a net decrease in employee-related costs of $3.8 million due to the impact of reduced onshore headcount, and a $0.4 million decrease in third party costs.

 

Research and development increased $1.4 million, or 2.3%, for the first nine months of fiscal 2009 compared to the first nine months of fiscal 2008.  This increase was primarily due to a net increase of $0.7 million in employee related costs and a $2.6 million increase in information technology and other infrastructure cost allocations driven by higher off-shore headcount.  These year-to-date increases were partially offset by a $1.3 million decrease in third party costs.

 

This excerpt taken from the LWSN 10-Q filed Jan 9, 2009.
Research and Development.  Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to existing customers under maintenance plans and to new customers, testing, quality assurance and documentation.

 

For the second quarter of fiscal 2009, research and development expenses increased $0.8 million, or 3.7%, compared to the second quarter of last year.  This increase was primarily the result of a net increase in employee-related costs of $1.1 million including increased headcount relating to our global support center and our acquisitions of Visual Advance Systems Technology (VasTech) and the Product Lifecycle Management software division of Freeborders (PLM) in the fourth quarter of fiscal 2008 and a $0.9 million increase in allocations relating to information technology and other infrastructure costs in the current quarter as compared to the second quarter of last year driven by higher headcount.  These increases were partially offset by a $0.8 million decrease in third party costs and a $0.4 million decrease in expenses related to computer leases and supplies.

 

Research and development increased $5.4 million, or 13.9%, for the first six months of fiscal 2009 compared to the first six months of fiscal 2008.  This increase was primarily due to a net increase of $4.5 million in employee related costs associated with increased headcount at our global support center and our fourth quarter fiscal 2008 acquisitions of VasTech and PLM and a $2.4 million increase in information technology and other infrastructure cost allocations driven by higher headcount.  These year-to-date increases were partially offset by a $0.9 million decrease in third party costs and a $0.6 million decrease in expenses related to computer leases and supplies.

 

This excerpt taken from the LWSN 10-Q filed Oct 10, 2008.
Research and Development.  Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to existing customers under maintenance plans and to new customers, testing, quality assurance and documentation.

 

For the first quarter of fiscal 2009, research and development increased $4.6 million, or 26.8%, compared to the first quarter of last year.  This increase was primarily the result of an increase in employee-related costs of $3.1 million including increased headcount relating to our global support center and our acquisitions of Visual Advance Systems Technology and the Product Lifecycle Management software division of Freeborders in the fourth quarter of fiscal 2008.  In addition, IT and other infrastructure allocations increased $1.3 million in the current quarter as compared to the first quarter of last year.

 

These excerpts taken from the LWSN 10-K filed Jul 11, 2008.

Research and Development

        Expenditures for software research and development are expensed as incurred. These expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades for existing customers under maintenance and for new customers, testing, quality assurance, and documentation. Such costs are required to be expensed until the point that technological feasibility of the software is established. To date, the time period between the establishment of technological feasibility and completion of software development has been short, and no significant development costs have been incurred during that period. Our software research and development costs primarily relate to our efforts during the period prior to technological feasibility and are charged to operations as incurred. Accordingly, we have not capitalized any software research and development costs to date.

74


LAWSON SOFTWARE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(in thousands, except share and per share data)

2. Summary of Significant Accounting Policies (Continued)

Research and Development



        Expenditures for software research and development are expensed as incurred. These expenses consist primarily of salaries, employee benefits, related overhead
costs, and consulting fees associated with product development, enhancements and upgrades for existing customers under maintenance and for new customers, testing, quality assurance, and documentation.
Such costs are required to be expensed until the point that technological feasibility of the software is established. To date, the time period between the establishment of technological feasibility
and completion of software development has been short, and no significant development costs have been incurred during that period. Our software research and development costs primarily relate to our
efforts during the period prior to technological feasibility and are charged to operations as incurred. Accordingly, we have not capitalized any software research and development costs to date.



74








LAWSON SOFTWARE, INC.



NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)



(in thousands, except share and per share data)



2. Summary of Significant Accounting Policies (Continued)



This excerpt taken from the LWSN 10-Q filed Apr 4, 2008.

Research and Development

 

Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to customers under maintenance plans and testing, quality assurance and documentation.

 

Research and development expenses in the third quarter of fiscal 2008 increased $1.9 million, or 9.1%, compared to the third quarter of fiscal 2007. This increase was primarily the result of increased employee-related costs as we continue to staff our global support center.

 

Research and development expenses decreased $2.0 million, or 3.1%, for the first nine months of fiscal 2008 compared to the first nine months of fiscal 2007. The year-to-date decrease resulted primarily from a strategic shift in our outsourcing activities to lower-cost regions through our global support center.

 

This excerpt taken from the LWSN 10-Q filed Jan 8, 2008.

Research and Development

 

Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to customers under maintenance plans and testing, quality assurance and documentation.

 

Second Quarter of Fiscal 2008 Compared to Second Quarter of Fiscal 2007

 

Research and development expenses in the second quarter of fiscal 2008 decreased $0.8 million, or 3.5 percent, compared to the second quarter of fiscal 2007. This decrease in expenses resulted primarily from a strategic shift in our outsourcing activities to lower-cost regions through our global sourcing partner relationship. Research and development expenses, as a percentage of revenue, were 9.9 percent and 12.2 percent in the second quarters of fiscal 2008 and 2007, respectively.

 

First Six Months of Fiscal 2008 Compared to First Six Months of Fiscal 2007

 

Research and development expenses decreased $3.8 million, or 9.0 percent, for the first six months of fiscal 2008 compared to the first six months of fiscal 2007. This decrease resulted primarily from a strategic shift in our outsourcing activities to lower-cost regions through our global sourcing partner relationship. Research and development expenses as a percentage of total revenues for the first six months of fiscal 2008 and 2007 were 9.6 percent and 12.4 percent, respectively.

 

This excerpt taken from the LWSN 10-Q filed Oct 9, 2007.
Research and Development.   Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to existing customers under maintenance plans and to new customers, testing, quality assurance and documentation.

 

Research and development expenses decreased $3.0 million or 15.0 percent for the first quarter of fiscal 2008 as compared to the first quarter of fiscal 2007. This decrease resulted primarily from a reduction in outsourcing research and development activities through our global sourcing partner relationship. Research and development expenses as a percentage of total revenues for the first quarter of fiscal 2008 and 2007 were 9.2 percent and 12.5 percent, respectively.

 

This excerpt taken from the LWSN 10-K filed Jul 30, 2007.

Research and Development

Expenditures for software research and development are expensed as incurred. These expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades for existing customers under maintenance and for new customers, testing, quality assurance, and documentation. Such costs are required to be expensed until the point that technological feasibility of the software is established. To date, the time period between the establishment of technological feasibility and completion of software development has been short, and no significant development costs have been incurred during that period. Accordingly, the Company has not capitalized any internal software development costs to date. The Company’s software research and development costs primarily relate to software development during the period prior to technological feasibility and are charged to operations as incurred.

This excerpt taken from the LWSN 10-Q filed Apr 13, 2007.
Research and Development.   Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to existing customers under maintenance plans and to new customers, testing, quality assurance and documentation.

Research and development expenses for the third quarter of fiscal 2007 increased 42.3% from the third quarter of fiscal 2006 due to the acquisition of Intentia.  Excluding the addition of $8.1 million from the acquisition of Intentia, research and development expenses decreased $2.1 million, of which $1.6 million is due to lower human resource expenses resulting from offshoring and a $0.5 million is due to a decrease in contractor expenses.  Research and development expenses for the nine months ended fiscal 2007 also increased due to the acquisition of Intentia, which has accounted for $25.2 million this year to date.  This increase is offset by a decrease in legacy Lawson research and development on a year to date basis of $4.8 million which resulted from lower human resource costs due to a decrease in headcount as well as a decrease in contractor expenses.

This excerpt taken from the LWSN 10-Q filed Apr 9, 2007.
Research and Development.   Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to existing customers under maintenance plans and to new customers, testing, quality assurance and documentation.

Research and development expenses for the third quarter of fiscal 2007 increased 42.3% from the third quarter of fiscal 2006 due to the acquisition of Intentia.  Excluding the addition of $8.1 million from the acquisition of Intentia, research and development expenses decreased $2.1 million, of which $1.6 million is due to lower human resource expenses resulting from offshoring and a $0.5 million is due to a decrease in contractor expenses.  Research and development expenses for the nine months ended fiscal 2007 also increased due to the acquisition of Intentia, which has accounted for $25.2 million this year to date.  This increase is offset by a decrease in legacy Lawson research and development on a year to date basis of $4.8 million which resulted from lower human resource costs due to a decrease in headcount as well as a decrease in contractor expenses.

This excerpt taken from the LWSN 10-Q filed Jan 9, 2007.
Research and Development.   Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to existing customers under maintenance plans and to new customers, testing, quality assurance and documentation.

Research and development expenses for the second quarter of fiscal 2007 increased 60.4 percent from the second quarter of fiscal 2006 due to the addition of research and development costs associated with the M3 solutions.  Excluding the addition of $9.5 million from the acquisition of Intentia, research and development decreased $1.0 million, primarily due to lower resource costs of $0.6 million related to employee salaries and incentives due to offshoring and a decrease in contractor expenses of $0.2 million.  Research and development costs recorded for Intentia for the second quarter of fiscal 2007 are more in line with those costs typically experienced by Intentia, an increase from the first quarter which were lower during the summer months due to vacations impacting personnel related costs.  Research and development expenses as a percentage of total revenues for the second quarter of fiscal 2007 and 2006 were 12.2 percent and 15.8 percent, respectively.  Research and development expenses for the six months ended fiscal 2007 increased $14.3 million or 50.1 percent of which $17.0 million was due to the addition of Intentia offset by a decrease in legacy Lawson research and development on a year-to-date basis due to lower resource costs due to lower headcount as well as a decrease in contractor expenses.

This excerpt taken from the LWSN 10-Q filed Oct 10, 2006.
Research and Development.   Research and development expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades provided to existing customers under maintenance plans and to new customers, testing, quality assurance and documentation.

Research and development expenses for the first quarter of fiscal 2007 increased 40.2 percent from the first quarter of fiscal 2006 due to the addition of research and development costs associated with the M3 solutions.  Excluding the addition of $7.5 million from the acquisition of Intentia, research and development decreased $1.7 million, primarily due to lower resource costs related to salaries and incentives and contractor expenses.  Research and development costs recorded for Intentia for the first quarter of fiscal 2007 are lower during the summer months due to vacations impacting personnel costs.  Research and development expenses as a percentage of total revenues for the first quarter of fiscal 2007 and 2006 were 12.5 percent and 16.5 percent, respectively.

This excerpt taken from the LWSN 10-K filed Aug 29, 2006.

Research and Development

Expenditures for software research and development are expensed as incurred. These expenses consist primarily of salaries, employee benefits, related overhead costs, and consulting fees associated with product development, enhancements and upgrades for existing customers under maintenance and for new customers, testing, quality assurance, and documentation. Such costs are required to be expensed until the point that technological feasibility of the software is established. To date, the time period between the establishment of technological feasibility and completion of software development has been short, and no significant development costs have been incurred during that period. Accordingly, the Company has not capitalized any software development costs to date. The Company’s software research and development costs primarily relate to software development during the period prior to technological feasibility and are charged to operations as incurred.

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