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Computation of Net Income (Loss) Per Share (Tables)
9 Months Ended
Oct. 31, 2013
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income (Loss) Per Share

The following summarizes the calculation of basic and diluted net income (loss) per share:

 

     Three Months Ended October 31,      Nine Months Ended October 31,  
     2013      2012      2013     2012  

Numerator:

          

Net income (loss)

   $ 516       $ 159       $ (823 )    $ 1,103   
  

 

 

    

 

 

    

 

 

   

 

 

 

Denominator:

          

Weighted average common shares, basic

     13,341,235         13,264,018         13,318,839        6,133,987   

Dilutive effect of:

          

Options to purchase common and preferred stock

     1,351,169        1,365,658         —         1,357,992   

Warrants to purchase common stock

     12,118        9,588         —         51,443   

Convertible preferred stock

     —          —           —         4,760,301   
  

 

 

    

 

 

    

 

 

   

 

 

 

Weighted average common shares, diluted

     14,704,522         14,639,264         13,318,839        12,303,723   
  

 

 

    

 

 

    

 

 

   

 

 

 

Basic net income (loss) per share

   $ 0.04       $ 0.01       $ (0.06 )    $ 0.18   
  

 

 

    

 

 

    

 

 

   

 

 

 

Diluted net income (loss) per share

   $ 0.04       $ 0.01       $ (0.06 )    $ 0.09   
  

 

 

    

 

 

    

 

 

   

 

 

 
Equity Instruments Excluded from Diluted Net Income (Loss) Per Common Share

The following equity instruments have been excluded from diluted net income (loss) per common share as they would be anti-dilutive:

 

     Three Months Ended October 31,      Nine Months Ended October 31,  
     2013      2012      2013      2012  

Options and warrants to purchase common and preferred stock

     692,165         561,482         2,319,276         602,319