XML 33 R25.htm IDEA: XBRL DOCUMENT v2.4.1.9
Selected Quarterly Financial Data
12 Months Ended
Jan. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data

Note 18. Selected Quarterly Financial Data (Unaudited)

Selected summarized quarterly financial information for fiscal 2015 and 2014 is as follows (in thousands):

 

 

Three Months Ended

 

 

Jan. 31,

2015

 

 

Oct. 31,

2014

 

 

Jul. 31,

2014

 

 

Apr. 30,

2014

 

 

Jan. 31,

2014

 

 

Oct. 31,

2013

 

 

Jul. 31,

2013

 

 

Apr. 30,

2013

 

Consolidated Statements of Income Data:

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subscription services

$

66,535

 

 

$

61,435

 

 

$

56,572

 

 

$

48,521

 

 

$

45,686

 

 

$

38,935

 

 

$

34,063

 

 

$

27,937

 

Professional services and other

 

20,477

 

 

 

22,390

 

 

 

19,092

 

 

 

18,200

 

 

 

17,117

 

 

 

16,044

 

 

 

15,518

 

 

 

14,851

 

Total revenues

 

87,012

 

 

 

83,825

 

 

 

75,664

 

 

 

66,721

 

 

 

62,803

 

 

 

54,979

 

 

 

49,581

 

 

 

42,788

 

Cost of revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of subscription services

 

15,210

 

 

 

14,409

 

 

 

13,346

 

 

 

12,040

 

 

 

11,790

 

 

 

9,511

 

 

 

7,948

 

 

 

6,950

 

Cost of professional services and other

 

15,946

 

 

 

16,007

 

 

 

14,790

 

 

 

13,910

 

 

 

12,568

 

 

 

11,881

 

 

 

11,195

 

 

 

10,759

 

Total cost of revenues

 

31,156

 

 

 

30,416

 

 

 

28,136

 

 

 

25,950

 

 

 

24,358

 

 

 

21,392

 

 

 

19,143

 

 

 

17,709

 

Gross profit

 

55,856

 

 

 

53,409

 

 

 

47,528

 

 

 

40,771

 

 

 

38,445

 

 

 

33,587

 

 

 

30,438

 

 

 

25,079

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

11,742

 

 

 

10,635

 

 

 

9,787

 

 

 

8,992

 

 

 

7,858

 

 

 

6,585

 

 

 

6,357

 

 

 

5,527

 

Sales and marketing

 

15,328

 

 

 

14,251

 

 

 

13,810

 

 

 

12,814

 

 

 

12,768

 

 

 

11,467

 

 

 

9,610

 

 

 

7,662

 

General and administrative

 

8,103

 

 

 

8,582

 

 

 

7,146

 

 

 

6,408

 

 

 

6,511

 

 

 

5,550

 

 

 

4,633

 

 

 

3,717

 

Total operating expenses

 

35,173

 

 

 

33,468

 

 

 

30,743

 

 

 

28,214

 

 

 

27,137

 

 

 

23,602

 

 

 

20,600

 

 

 

16,906

 

Operating income

 

20,683

 

 

 

19,941

 

 

 

16,785

 

 

 

12,557

 

 

 

11,308

 

 

 

9,985

 

 

 

9,838

 

 

 

8,173

 

Other income (expense), net

 

(1,660

)

 

 

(989

)

 

 

(101

)

 

 

(30

)

 

 

(365

)

 

 

125

 

 

 

(65

)

 

 

(499

)

Income before income taxes

 

19,023

 

 

 

18,952

 

 

 

16,684

 

 

 

12,527

 

 

 

10,943

 

 

 

10,110

 

 

 

9,773

 

 

 

7,674

 

Provision for income taxes

 

5,697

 

 

 

8,694

 

 

 

7,106

 

 

 

5,306

 

 

 

4,696

 

 

 

3,585

 

 

 

3,775

 

 

 

2,829

 

Net income

$

13,326

 

 

$

10,258

 

 

$

9,578

 

 

$

7,221

 

 

$

6,247

 

 

$

6,525

 

 

$

5,998

 

 

$

4,845

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Class A and

   Class B common stockholders, basic

   and diluted

$

13,288

 

 

$

10,198

 

 

$

9,490

 

 

$

7,128

 

 

$

6,145

 

 

$

2,339

 

 

$

1,275

 

 

$

926

 

Net income per share attributable to Class A

   and Class B common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.10

 

 

$

0.08

 

 

$

0.07

 

 

$

0.06

 

 

$

0.05

 

 

$

0.07

 

 

$

0.05

 

 

$

0.04

 

Diluted

$

0.09

 

 

$

0.07

 

 

$

0.07

 

 

$

0.05

 

 

$

0.04

 

 

$

0.05

 

 

$

0.03

 

 

$

0.03

 

Weighted-average shares used to compute

   net income per share attributable to

   Class A and Class B common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

130,345

 

 

 

129,212

 

 

 

127,314

 

 

 

123,902

 

 

 

122,578

 

 

 

35,802

 

 

 

24,418

 

 

 

21,610

 

Diluted

 

144,737

 

 

 

144,289

 

 

 

143,353

 

 

 

142,849

 

 

 

143,221

 

 

 

131,963

 

 

 

37,038

 

 

 

32,988