Income Taxes (Tables)

12 Months Ended

Sep. 30, 2013

Income Tax Disclosure [Abstract]

Schedule of pretax loss

The pretax loss attributable to Textura Corporation is summarized as follows:

	Years Ended September 30,
	2013			2012			2011
	(in thousands)
Domestic	$	(36,172	)	$	(15,858	)	$	(18,853	)
Foreign	(418		)	(70		)	(75		)
Loss before taxes	$	(36,590	)	$	(15,928	)	$	(18,928	)

Schedule of (provision) benefit for income taxes

The (provision) benefit for income taxes consists of the following components:

	Years Ended September 30,
	2013			2012			2011
Current	(in thousands)
Federal	$	(9,615	)	$	(1,661	)	$	(4,922	)
State	(533		)	(59		)	(259		)
Foreign	—			—			—
Total current	(10,148		)	(1,720		)	(5,181		)
Deferred
Federal	(2,673		)	(3,903		)	(1,680		)
State	(756		)	(85		)	119
Foreign	(108		)	(9		)	(10		)
Total deferred	(3,537		)	(3,997		)	(1,571		)
Change in valuation allowance	13,979			5,717			6,752
Total	$	294		$	—		$	—

Schedule of deferred tax assets and liabilities

The Company’s deferred tax assets and liabilities consisted of the following:

	As of September 30,
	2013			2012
	(in thousands)
Property and equipment	$	314		$	150
Intangible assets	—			177
Goodwill	668			—
Deferred revenue	712			101
Accrued compensation	1,748			1,640
Share‑based compensation	8,134			4,136
Accrued interest	—			657
Net domestic operating loss carryforwards	37,260			28,022
Net foreign operating loss carryforwards	128			19
Other	614			428
Deferred tax assets	49,578			35,330
Valuation allowance	(49,221		)	(35,170		)
Total deferred tax assets	357			160
Software	(241		)	—
Convertible debt-beneficial conversion feature	—			(160		)
Intangible assets	(570		)	—
Goodwill	—			(160		)
Total deferred tax liabilities	(811		)	(320		)
Net deferred tax liabilities	$	(454	)	$	(160	)

Schedule of reconciliation of statutory federal rate to effective income tax rate

The reconciliation of the statutory federal rate of 35.0% to the effective income tax rate for the years ended September 30, 2013, 2012 and 2011 is as follows:

	Years Ended September 30,
	2013		2012		2011
Tax benefit at the statutory rate	(35.0	)%	(35.0	)%	(35.0	)%
State taxes, net of federal benefit	(1.9	)	(1.2	)	(1.8	)
Other	(0.5	)	0.3		1.1
Valuation allowance	38.2		35.9		35.7
Effective tax rate	0.8	%	0.0	%	0.0	%