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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Operating activities:    
Net income $ 389 $ 104
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of software products 496 549
Net non-cash interest expense 5 17
Depreciation and other amortization 610 371
Gain on change in fair value of earn-out payable 8  
Provision for bad debt allowance 25 51
Deferred income taxes 293 69
Stock based compensation 90 68
Stock based director fees 25 35
Net change in assets and liabilities:    
Trade receivables (102) (224)
Work in process 29 (22)
Prepaid expenses and other 86 185
Other long-term assets   (39)
Accounts payable 71 226
Deferred revenue (700) (130)
Accrued payroll and related liabilities 435 230
Accrued sales, use and income taxes 27  
Other accrued liabilities (52) 144
Net cash provided by operating activities 1,735 1,634
Investing activities:    
Purchase of equipment, software and leasehold improvements (167) (21)
Cash paid for contingent liabilities related to acquisitions (125) (249)
Cash paid for net assets related to acquisitions   (4,200)
Software development costs capitalized (373) (341)
Net cash used in investing activities (665) (4,811)
Financing activities:    
Borrowings under line of credit, net   1,000
Payments on long-term debt (151) (168)
Borrowings under long-term debt   2,168
Payments of capital lease obligations (65) (55)
Proceeds from exercise of common stock options 43 16
Net cash provided by (used in) financing activities (173) 2,961
Effect of foreign currency exchange rate changes on cash (2) 5
Net change in cash and cash equivalents 895 (211)
Cash and cash equivalents at beginning of period 2,284 1,808
Cash and cash equivalents at end of period 3,179 1,597
Cash paid for interest 113 74
Cash paid for income taxes 64 20
Non-cash investing and financing activities    
Issuance of common stock in connection with acquisitions   1,980
Debt issued in connection with acquisition   3,000
Capital leases acquired in connection with acquisitions   109
Current assets acquired in connection with acquisitions 32 634
Accrued liabilities assumed in connection with acquisitions 53  
Issuance of common stock related to payment of contingent liabilities 60 42
Cashless exercise of common stock warrants 46  
Issuance of common stock related to payment of director compensation   31
Issuance of common stock related to payment of employee compensation   97
Contingent liabilities incurred in connection with acquisition $ (62) $ 761