5. COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS

	January 31,
	2012			2011
	(in thousands)
Accounts receivable, net
Accounts receivable	$	67,224		$	68,281
Less allowance for:
Doubtful accounts		(1,283	)		(1,165	)
Sales adjustments		(1,184	)		(1,496	)
	$	64,757		$	65,620
Other current assets
Deferred cost of revenues	$	7,770		$	7,255
Prepaid expenses		3,330			3,859
Other		753			1,439
	$	11,853		$	12,553
Property and equipment, net
Buildings and building improvements	$	32,108		$	32,194
Computer equipment and software		22,201			23,821
Furniture and office equipment		12,345			13,043
Leasehold improvements		6,104			5,666
Land		3,850			3,850
Automobiles		260			297
		76,868			78,871
Less accumulated depreciation and amortization		(43,729	)		(45,076	)
	$	33,139		$	33,795
Accounts payable
Trade payables	$	6,399		$	5,912
VAT payable		3,325			4,091
	$	9,724		$	10,003
Deferred revenue
Deferred maintenance revenue	$	83,400		$	81,034
Deferred subscription revenue		3,696			2,318
Deferred services revenue		3,507			4,744
Deferred license revenue		1,806			3,061
Deferred research and development funding		1,462			3,296
	$	93,871		$	94,453
Other current liabilities
Accrued commissions and bonus	$	10,562		$	12,053
Accrued compensated absences		7,255			7,086
Other accrued payroll		2,794			3,030
Income tax payable		1,855			694
Accrued professional fees		1,519			1,766
Accrued travel		1,297			995
Dividends payable		1,099			926
Other current liabilities		4,718			4,341
	$	31,099		$	30,891
Other liabilities
Long-term tax contingency reserve	$	2,312		$	2,155
Long-term deferred revenue		1,280			2,359
Other		1,710			700
	$	5,302		$	5,214