Quarterly Results of Operations-Unaudited

12 Months Ended

Jan. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations-Unaudited

15. Quarterly Results of Operations—Unaudited

The following table sets forth certain unaudited quarterly results of operations for fiscal 2014 and fiscal 2013. In the opinion of management, this information has been prepared on the same basis as the audited consolidated financial statements and all necessary adjustments, consisting only of normal recurring adjustments, have been included in the amounts stated below to present fairly the quarterly information when read in conjunction with the audited consolidated financial statements and notes thereto included elsewhere in this Form 10-K. The quarterly operating results are not necessarily indicative of future results of operations.

	Fiscal Year Ended January 31, 2014
	Q1			Q2			Q3			Q4
	(Amounts in thousands, except per share data)
Revenue	$	35,552		$	37,380		$	37,771		$	35,616
Gross profit		19,084			21,362			20,888			17,865
Operating expenses		20,900			20,827			20,359			18,742
Net (loss) income from continuing operations		(2,020	)		343			798			(1,348	)
Net income (loss) from discontinued operations (1)		35			(558	)		(221	)		(59	)
Net (loss) income		(1,985	)		(215	)		577			(1,407	)
Net (loss) income per share from continuing operations (2):
Basic (loss) income per share	$	(0.06	)	$	0.01		$	0.02		$	(0.04	)
Diluted (loss) income per share	$	(0.06	)	$	0.01		$	0.02		$	(0.04	)
Income (loss) per share from discontinued operations (2):
Basic income (loss) per share	$	0.00		$	(0.02	)	$	(0.00	)	$	(0.00	)
Diluted income (loss) per share	$	0.00		$	(0.02	)	$	(0.00	)	$	(0.00	)
(Loss) income per share (2):
Basic (loss) income per share	$	(0.06	)	$	(0.01	)	$	0.02		$	(0.04	)
Diluted (loss) income per share	$	(0.06	)	$	(0.01	)	$	0.02		$	(0.04	)
	Fiscal Year Ended January 31, 2013
	Q1			Q2			Q3			Q4
	(Amounts in thousands, except per share data)
Revenue	$	36,626		$	36,738		$	39,249		$	44,575
Gross profit		20,505			16,860			19,860			26,066
Operating expenses		21,676			24,369			21,465			21,127
Net (loss) income from continuing operations		(287	)		(8,098	)		(337	)		5,923
Net (loss) income from discontinued operations (1)		(19,290	)		2,100			211			613
Net (loss) income		(19,577	)		(5,998	)		(126	)		6,536
Net (loss) income per share from continuing operations (2):
Basic (loss) income per share	$	(0.01	)	$	(0.25	)	$	(0.01	)	$	0.18
Diluted (loss) income per share	$	(0.01	)	$	(0.25	)	$	(0.01	)	$	0.18
(Loss) income per share from discontinued operations (2):
Basic (loss) income per share	$	(0.59	)	$	0.07		$	0.01		$	0.02
Diluted (loss) income per share	$	(0.59	)	$	0.07		$	0.01		$	0.02
(Loss) income per share (2):
Basic (loss) income per share	$	(0.60	)	$	(0.18	)	$	(0.00	)	$	0.20
Diluted (loss) income per share	$	(0.60	)	$	(0.18	)	$	(0.00	)	$	0.20

(1) In May 2012, we completed the sale of our broadcast servers and storage business and our media services business. As a result, both businesses have been reported as discontinued operations in our consolidated financial statements. For all periods presented, our consolidated financial statements have been recast to reflect the presentation of discontinued operations.

(2) The sum of per share data may not agree to annual amounts due to rounding.