XML 50 R43.htm IDEA: XBRL DOCUMENT v3.2.0.727
Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Apr. 30, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Operating Results

The following tables set forth our unaudited quarterly consolidated statements of operations for continuing operations for each of the eight quarters ended April 30, 2015. The Company has prepared the quarterly data on a consistent basis with the audited consolidated financial statements included elsewhere in this report and, in the opinion of management, the financial information reflects all necessary adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of operations for these periods. This information should be read in conjunction with the audited consolidated financial statements and related notes included elsewhere in this report. These quarterly operating results are not necessarily indicative of our operating results for any future period.

 

    Three Months Ended  
    Apr 30,
2015
    Jan 31,
2015
    Oct 31,
2014
    Jul 31,
2014
    Apr 30,
2014
    Jan 31,
2014
    Oct 31,
2013
    Jul 31,
2013
 

Revenue

  $ 48,317      $ 49,562      $ 47,325      $ 45,977      $ 43,078      $ 43,600      $ 41,148      $ 40,319   

Cost of revenue

    18,148        17,988        17,414        16,356        14,522        13,758        12,508        12,117   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Gross profit

  30,169      31,574      29,911      29,621      28,556      29,842      28,640      28,202   

Operating expenses:

Sales and marketing

  20,427      18,020      18,931      20,995      23,884      20,765      20,837      20,996   

Research and development

  9,880      8,779      9,306      9,730      9,832      9,036      9,793      8,924   

General and administrative

  7,582      6,932      8,100      7,893      6,521      7,674      3,639      8,536   

Acquisition-related and other

  815      413      2,326      492      366      31      8,283      7,504   

Amortization of acquired intangible assets

  309      309      310      309      288      282      283      282   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total operating expenses

  39,013      34,453      38,973      39,419      40,891      37,788      42,835      46,242   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Operating loss

  (8,844   (2,879   (9,062   (9,798   (12,335   (7,946   (14,195   (18,040

Total other income (expense), net

  (521   (920   (588   (498   (316   (268   (249   3   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net loss before income taxes

  (9,365   (3,799   (9,650   (10,296   (12,651   (8,214   (14,444   (18,037

Income tax expense (benefit)

  (540   324      258      12      (418   179      130      (391
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net loss from continuing operations

$ (8,825 $ (4,123 $ (9,908 $ (10,308 $ (12,233 $ (8,393 $ (14,574 $ (17,646

Income (loss) from discontinued operations, net of tax

  —        —        —        (1,257   (11,448   430      420      278   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net loss applicable to common stockholders

$ (8,825 $ (4,123 $ (9,908 $ (11,565 $ (23,681 $ (7,963 $ (14,154 $ (17,368
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Basic earnings (loss) per share:

Continuing operations

$ (0.11 $ (0.05 $ (0.13 $ (0.13 $ (0.16 $ (0.11 $ (0.20 $ (0.23

Discontinued operations

  —        —        —        (0.02   (0.15   0.01      0.01      —     
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Basic loss per share:

$ (0.11 $ (0.05 $ (0.13 $ (0.15 $ (0.31 $ (0.10 $ (0.19 $ (0.23
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted earnings per share:

Continuing operations

$ —      $ —      $ —      $ —      $ —      $ —      $ —      $ —     

Discontinued operations

  —        —        —        —        —        0.01      0.01      —     
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted earnings per share:

$ —      $ —      $ —      $ —      $ —      $ 0.01    $ 0.01    $ —