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Net (Loss) Income per Share
12 Months Ended
Jan. 31, 2014
Earnings Per Share [Abstract]  
Net (Loss) Income per Share

16. Net (Loss) Income per Share

Net (loss) income per share has been computed using the weighted average number of shares of common stock outstanding during each period. Diluted amounts per share include the impact of the Company’s outstanding potential common shares, such as shares issuable upon exercise of in-the-money stock options or warrants, when dilutive. Potential common shares that are anti-dilutive are excluded from the calculation of diluted net (loss) income per common share.

The following table sets forth the components of the computation of basic and diluted net (loss) income per common share for the periods indicated:

 

     Year Ended January 31,  
     2014     2013      2012  

Numerator:

       

Net (loss) income

   $ (709   $ 763       $ 14,138   
  

 

 

   

 

 

    

 

 

 

Denominator:

       

Weighted average common shares, basic

     13,326,883        7,929,364         493,763   

Dilutive effect of:

       

Options to purchase common stock

     —          152,871         78,189   

Options to purchase preferred stock

     —          1,209,778         1,209,440   

Warrants to purchase common stock

     —          40,752         40,346   

Convertible preferred stock

     —          3,563,722         8,503,073   
  

 

 

   

 

 

    

 

 

 

Weighted average common shares outstanding, fully diluted

     13,326,883        12,896,487         10,324,811   
  

 

 

   

 

 

    

 

 

 

Basic net (loss) income per share

   $ (0.05   $ 0.10       $ 28.63   
  

 

 

   

 

 

    

 

 

 

Diluted net (loss) income per share

   $ (0.05   $ 0.06       $ 1.37   
  

 

 

   

 

 

    

 

 

 

The following outstanding options, awards and warrants were excluded from the computation of diluted net (loss) income per share for the periods indicated because including them would have had an anti-dilutive effect:

 

     Year Ended January 31,  
     2014      2013      2012  

Options, awards and warrants

     2,401,649         630,909         574,789