Business Combinations (Tables)

6 Months Ended

Oct. 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	$	745
Restricted cash		104
Accounts receivable		497
Prepaid expenses and other current assets		156
Property and equipment		280
Current deferred tax asset		239
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 intangible assets		41,200
Goodwill		113,152
Total assets acquired		156,373
Accounts payable		(304	)
Accrued liabilities		(2,167	)
Deferred revenue		(2,627	)
Non-current deferred tax liability		(521	)
Total liabilities assumed		(5,619	)
Net assets acquired	$	150,754

Using a price of $17.20 per share of common stock issued, which was the closing price of the Company’s common stock on the Nasdaq Global Market on the date of the acquisition, the consideration paid was as follows (in thousands):

Cash	$	31,059
Common stock		109,745
Fair Value of Vested Stock Options Assumed		9,950
Total consideration	$	150,754

Changes in goodwill

Balance, as of April 30, 2012	$	—
Increase in goodwill related to acquisition		113,152
Balance, as of October 31, 2012, gross	$	113,152
Accumulated impairment loss		—
Balance, as of October 31, 2012, net	$	113,152

Unaudited pro forma adjusted summary

	Three Months Ended October 31,						Six Months Ended October 31,
	2012			2011			2012			2011
Pro forma adjusted total revenue	$	38,626		$	27,929		$	75,892		$	52,825
Pro forma adjusted net loss attributable to Bazaarvoice, Inc.	$	(10,259	)	$	(10,376	)	$	(27,037	)	$	(30,942	)
Pro forma adjusted net loss per share attributable to Bazaarvoice, Inc.:
Basic and Diluted	$	(0.15	)	$	(0.40	)	$	(0.40	)	$	(1.21	)