Note 1 - Basis of Presentation and Recent Accounting Pronouncements (Tables)

3 Months Ended

Apr. 30, 2018

Notes Tables

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

	Jan. 31, 2018			Topic 606			ASU2016-16 (1)		Feb. 1, 2018
	(in thousands)
Assets
Current assets:
Cash and equivalents	$	147,023		$	-		$	-	$	147,023
Accounts receivable, net		83,518			-			-		83,518
Other current assets		15,856			4,013			-		19,869
Total current assets		246,397			4,013			-		250,410
Property and equipment, net		30,408			-			-		30,408
Capitalized software costs, net		990			-			-		990
Goodwill		11,023			-			-		11,023
Deferred tax assets, net		7,944			(1,643	)		9,584		15,885
Other assets, net		3,055			8,421			-		11,476
Total assets	$	299,817		$	10,791		$	9,584	$	320,192
Liabilities and stockholders’ equity
Current portion of long-term debt	$	466		$	-		$	-	$	466
Accounts payable		14,818			-			-		14,818
Deferred revenue		116,693			(1,239	)		-		115,454
Other current liabilities		43,460			-			-		43,460
Total current liabilities		175,437			(1,239	)		-		174,198
Long-term debt		13,313			-			-		13,313
Other liabilities		5,439			(511	)		-		4,928
Stockholders’ equity
Common stock - Class A		16			-			-		16
Common stock - Class B		4			-			-		4
Additional paid-in capital		200,456			-			-		200,456
Treasury stock		(12,461	)		-			-		(12,461	)
Accumulated deficit		(75,559	)		12,541			9,584		(53,434	)
Accumulated other comprehensive loss		(6,828	)		-			-		(6,828	)
Total stockholders’ equity		105,628			12,541			9,584		127,753
Total liabilities and stockholders’ equity	$	299,817		$	10,791		$	9,584	$	320,192

	As reported under Topic 606			Adjustments			Balances under Prior GAAP
	(i n thousands)
Assets
Current assets:
Cash and equivalents	$	144,389		$	-		$	144,389
Accounts receivable, net		56,909			-			56,909
Other current assets		23,538			(3,658	)		19,880
Total current assets		224,836			(3,658	)		221,178
Property and equipment, net		30,184			-			30,184
Capitalized software costs, net		1,050			-			1,050
Goodwill		10,974			-			10,974
Deferred tax assets, net		13,057			994			14,051
Other assets, net		11,147			(8,050	)		3,097
Total assets	$	291,248		$	(10,714	)	$	280,534
Liabilities and stockholders’ equity
Current portion of long-term debt	$	471		$	-		$	471
Accounts payable		9,192			-			9,192
Deferred revenue		103,369			3,384			106,753
Other current liabilities		34,830			-			34,830
Total current liabilities		147,862			3,384			151,246
Long-term debt		13,194			-			13,194
Other liabilities		4,883			1,094			5,977
Stockholders’ equity
Common stock - Class A		16			-			16
Common stock - Class B		4			-			4
Additional paid-in capital		196,058			-			196,058
Treasury stock		(10,035	)		-			(10,035	)
Accumulated deficit		(53,396	)		(15,192	)		(68,588	)
Accumulated other comprehensive loss		(7,338	)		-			(7,338	)
Total stockholders’ equity		125,309			(15,192	)		110,117
Total liabilities and stockholders’ equity	$	291,248		$	(10,714	)	$	280,534

	As reported under Topic 606			Adjustments			Balances under Prior GAAP
	(i n thousands, except per share amounts)
Revenue
Subscription fees	$	21,511		$	(306	)	$	21,205
License fees		6,266			(1,170	)		5,096
Maintenance and other		31,483			73			31,556
Professional services		26,930			(1,750	)		25,180
Total revenue		86,190			(3,153	)		83,037
Cost of revenue:
Subscription fees		8,228			10			8,238
License fees		664			-			664
Maintenance and other		7,865			-			7,865
Professional services		24,310			-			24,310
Total cost of revenue		41,067			10			41,077
Gross profit		45,123			(3,163	)		41,960
Operating expenses:
Sales and marketing		19,946			(262	)		19,684
Research and development		14,006			(59	)		13,947
General and administrative		9,362			-			9,362
Total operating expenses		43,314			(321	)		42,993
Operating income		1,809			(2,842	)		(1,033	)
Other (income) expense
Interest income		(524	)		-			(524	)
Interest expense		157			-			157
Other (income) expense		(404	)		-			(404	)
Total other (income) expense, net		(771	)		-			(771	)
Income before income taxes		2,580			(2,842	)		(262	)
Income tax expense		1,183			(191	)		992
Net income	$	1,397		$	(2,651	)	$	(1,254	)
Basic income per share
Class A	$	0.07		$	(0.14	)	$	(0.07	)
Class B	$	0.06		$	(0.12	)	$	(0.06	)
Diluted income per share
Class A	$	0.07		$	(0.14	)	$	(0.07	)
Class B	$	0.06		$	(0.12	)	$	(0.06	)

	As reported under Topic 606			Adjustments			Balances under Prior GAAP
	(i n thousands)
Net income (loss)	$	1,397		$	(2,651	)	$	(1,254	)
Amortization of deferred costs		1,004			(1,004	)		-
Net change in valuation allowance		1,416			648			2,064
Changes in operating assets and liabilities:
Other assets		(4,454	)		279			(4,175	)
Deferred revenue		(11,020	)		2,728			(8,292	)