J.	Subsequent Event

On August 20, 2013, our Board of Directors declared a quarterly cash dividend of $0.10 per share of our Class A and Class B common stock. The cash dividend is payable on December 9, 2013 to Class A and Class B shareholders of record at the close of business on November 15, 2013.

On August 14, 2013, the Company acquired certain assets of privately-held Taylor Manufacturing Systems, USA, LLC, (“TMS”) an Atlanta-based provider in the advance planning systems (“APS”) area. The acquisition of TMS will allow the Company to expand its software product offerings.

Under the terms of the purchase agreement, the Company acquired the assets in exchange for a purchase price of $1.8 million. The purchase price consisted of $1.2 million paid in cash at closing, subject to certain adjustments, and three additional cash payments of $200,000, generally payable on the anniversary date of the transaction in each of the three years following closing.

The Company will include the financial results of TMS in its consolidated financial statements commencing August 14, 2013. The acquired assets consist primarily of accounts receivable, unbilled revenue and other intangible assets, and are net of certain customer related liabilities. Acquisition related costs were not material for any period presented in the Company’s consolidated financial statements. Based upon the timing of the acquisition subsequent to the end of the Company’s first quarter of fiscal 2014, the initial accounting for the business combination is incomplete at the time of filing this report. As a result, the Company is unable to provide amounts recognized as of the acquisition date for major classes of assets and liabilities acquired. The Company will include this information in its Quarterly Report on Form 10-Q for the second quarter of fiscal year 2014.