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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2012
Jan. 31, 2011
Service revenues, net $ 44,505 $ 47,425 $ 91,520 $ 70,160
Cost of services 14,566 17,494 30,274 24,085
Gross profit 29,939 29,931 61,246 46,075
Operating expenses:        
Product development and enhancement 3,038 3,557 6,037 5,496
Selling and marketing 6,386 6,776 12,913 9,733
General and administrative 12,622 12,399 26,877 19,988
Acquisition and integration related 0 817 448 2,415
Total Operating expenses 22,046 23,549 46,275 37,632
Operating income 7,893 6,382 14,971 8,443
Other income (expense):        
Interest expense (1,431) (1,598) (2,989) (2,411)
Other non-operating income (438) 23 (417) 334
Total Other income (expense) (1,869) (1,575) (3,406) (2,077)
Income before income taxes 6,024 4,807 11,565 6,366
Provision for income taxes 3,155 1,868 5,394 2,460
Net Income 2,869 2,939 6,171 3,906
Dividends on preferred stock 0 (1,962) 0 (2,012)
Net income attributable to common stockholders $ 2,869 $ 977 $ 6,171 $ 1,894
Basic net income per common share $ 0.09 $ 0.03 $ 0.19 $ 0.06
Diluted net income per common share $ 0.09 $ 0.03 $ 0.19 $ 0.06
Weighted average number of common shares outstanding – basic 31,936 29,448 31,805 29,354
Weighted average number of common shares outstanding –diluted 33,084 31,563 33,106 30,890