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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 16, 2018
Jul. 31, 2018
Jul. 31, 2017
Revenues:      
Revenues   $ 27,399 $ 26,886
Cost of revenues:      
Cost of revenues   13,647 11,661
Gross margin   13,752 15,225
Research and development   3,675 2,507
Sales and marketing   5,180 5,233
General and administrative   4,193 3,515
Amortization of acquisition-related intangibles   97 348
Total operating expenses   13,145 11,603
Operating income   607 3,622
Other income:      
Interest income   504 363
Other, net   249 236
Earnings before income taxes   1,360 4,221
Income tax (benefit) expense   (25) 1,496
Net earnings   $ 1,385 $ 2,725
Earnings per common share:      
Basic [1]   $ 0.05 $ 0.09
Diluted [1]   0.04 0.09
Cash dividends declared per common share $ 0.11 $ 0.11 $ 0.11
Shares used in the calculation of earnings per common share:      
Basic   30,725 29,671
Diluted   31,343 29,989
License      
Revenues:      
Revenues   $ 1,702 $ 4,015
Cost of revenues:      
Cost of revenues   1,714 1,507
Subscription Fees      
Revenues:      
Revenues   3,168 1,619
Cost of revenues:      
Cost of revenues   1,068 681
Professional Services and Other      
Revenues:      
Revenues   11,008 10,424
Cost of revenues:      
Cost of revenues   8,667 7,246
Maintenance      
Revenues:      
Revenues   11,521 10,828
Cost of revenues:      
Cost of revenues   $ 2,198 $ 2,227
[1] Basic per share amounts are the same for Class A and Class B Common Shares. Diluted per share amounts for Class A Common Shares are shown above. Diluted earnings per share for Class B Common Shares under the two-class method are $0.04 and $0.09 for the three months ended July 31, 2018 and 2017, respectively. See Note D to the Condensed Consolidated Financial Statements.