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Quarterly Results of Operations (Unaudited)
12 Months Ended
Jan. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)

19. Quarterly Results of Operations (Unaudited)

The following table sets forth the Company’s unaudited operating results for each of the eight quarters in the two-year period ended January 31, 2014. The information is derived from the Company’s unaudited financial statements. In the opinion of management, the Company’s unaudited financial statements include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation thereof. The financial information presented for the interim periods has been prepared in a manner consistent with the Company’s accounting policies described in Note 2 and should be read in conjunction therewith. Operating results for interim periods are not necessarily indicative of the results that may be expected for a full-year period or any future period.

 

     Fiscal Year 2014 Quarter Ended     Fiscal Year 2013 Quarter Ended  
     April 30,
2013
    July 31,
2013
    October 31,
2013
    January 31,
2014
    April 30,
2012
    July 31,
2012
    October 31,
2012
    January 31,
2013
 

License revenue

   $ 10,692      $ 10,719      $ 11,121      $ 12,047      $ 10,013      $ 10,215      $ 10,317      $ 10,606   

Project revenue

     1,796        1,985        2,987        3,167        1,281        1,618        2,295        2,523   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total revenues

     12,488        12,704        14,108        15,214        11,294        11,833        12,612        13,129   

Operating expenses:

                

Cost of revenues

     3,671        3,833        4,023        4,432        3,223        3,112        3,644        4,175   

Sales and marketing

     2,117        2,179        2,243        3,004        1,600        1,709        1,529        2,277   

Research and development

     4,386        4,450        4,428        4,976        4,140        4,157        4,113        4,277   

General and administrative

     2,771        2,426        2,736        2,961        1,958        1,968        2,435        2,591   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total operating expenses

     12,945        12,888        13,430        15,373        10,921        10,946        11,721        13,320   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

(Loss) income from operations

     (457     (184     678        (159     373        887        891        (191
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Other (expense) income, net:

                

Foreign exchange gain (loss)

     37        (93     31        (58     —          326        (115     (194

Interest expense, net

     (377     (171     (67     (64     (412     (409     (402     (408

Other income (expense), net

     2        (752     2        3        66        445        2        16   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total other (expense) income, net

     (338     (1,016     (34     (119     (346     362        (515     (586
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

(Loss) income before income taxes

     (795     (1,200     644        (278     27        1,249        376        (777

Benefit (provision) for income taxes

     254        402        (128     392        35        (367     (217     437   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net (loss) income

   $ (541   $ (798   $ 516      $ 114      $ 62      $ 882      $ 159      $ (340
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Basic (loss) income per share

   $ (0.04   $ (0.06   $ 0.04      $ 0.01      $ 0.12      $ 0.20      $ 0.01      $ (0.03

Diluted (loss) income per share

   $ (0.04   $ (0.06   $ 0.04      $ 0.01      $ 0.01      $ 0.70      $ 0.01      $ (0.03