Note 1 - Basis of Presentation and Recent Accounting Pronouncements (Tables)

9 Months Ended

Oct. 31, 2016

Condensed Consolidated Balance Sheets
				ASU 2016-09 Adoption Adjustments
(in thousands)	As Reported July 31, 20 16			February 1, 2016		For The Six Months Ended July 31, 2016			As Adjusted July 31, 20 16
Other current assets	$	18,369		$	—	$	(104	)	$	18,265
Deferred tax assets, net		12,156			995		—			13,151
Additional paid-in capital		194,943			388		(422	)		194,909
Accumulated deficit	$	(45,767	)	$	607	$	318		$	(44,842	)

(in thousands, except per share data)	As Reported Six Months Ended July 31, 2016			ASU 2016-09 Adoption Adjustments			As Adjusted Six Months Ended July 31, 2016

Cost of revenue:
Subscription fees	$	12,945		$	(5	)	$	12,940
Maintenance and other		15,532			(21	)		15,511
Professional services		35,048			(47	)		35,001
Total cost of revenue		65,015			(73	)		64,942
Gross profit		70,160			73			70,233
Operating expenses:
Sales and marketing		34,322			(90	)		34,232
Research and development		22,283			(71	)		22,212
General and administrative		16,526			(37	)		16,489
Total operating expenses		73,462			(198	)		73,264
Operating loss		(3,302	)		271			(3,031	)
Loss before income taxes		(3,743	)		271			(3,472	)
Income tax benefit		(1,601	)		(47	)		(1,648	)
Net loss	$	(2,142	)	$	318		$	(1,824	)
Basic and diluted weighted average shares outstanding:
Class A		15,644			–			15,644
Class B		3,204			–			3,204
Basic and diluted net loss per share:
Class A	$	(0.12	)	$	0.02		$	(0.10	)
Class B	$	(0.10	)	$	0.02		$	(0.08	)