Business Combinations (Tables)

3 Months Ended

Jul. 31, 2012

Business Combinations [Abstract]

Purchase price for PowerReviews

The Company allocated the purchase price for PowerReviews as follows (in thousands):

Cash and cash equivalents	$	744
Restricted cash		104
Accounts receivable		471
Prepaid expenses and other current assets		188
Property and equipment		281
Current deferred tax asset		239
Other non-current assets		23
Intangible assets:
Domain name (Indefinite useful life)		800
Developed technology (3 year useful life)		5,400
Customer relationships (3 to 10 year useful life)		35,000
Total identified intangibles		41,200
Goodwill		112,700
Total assets acquired		155,951
Accounts payable		(308	)
Accrued liabilities		(1,787	)
Deferred revenue		(2,581	)
Non-current deferred tax liability		(521	)
Total liabilities assumed		(5,197	)
Net assets acquired	$	150,754

The consideration paid using a price of $17.20 per share of common stock issued was as follows (in thousands):

Cash	$	31,058
Common stock		109,745
Fair Value of Vested Stock Options Assumed		9,951
Total consideration	$	150,754

Changes in goodwill

The following table reflects the changes in goodwill for the three months ended July 31, 2012:

Balance, as of April 30, 2012	$	—
Increase in goodwill related to acquisition		112,700
Balance, as of July 31, 2012, gross	$	112,700
Accumulated impairment loss		—
Balance, as of July 31, 2012, net	$	112,700

Unaudited pro forma adjusted summary

	Three Months Ended
	July 31,
	2012			2011
Pro forma adjusted total revenue	$	37,266		$	24,896
Pro forma adjusted net loss attributable to Bazaarvoice, Inc.	$	(16,778	)	$	(20,566	)
Pro forma adjusted net loss per share attributable to Bazaarvoice, Inc.:
Basic and Diluted	$	(0.26	)	$	(0.82	)