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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2015
Jan. 31, 2015
Current assets    
Cash and cash equivalents $ 67,164,000 $ 83,502,000
Short-term marketable securities 24,528,000 6,347,000
Restricted cash 400,000 400,000
Accounts receivable, net of allowances of $2,229 as of October 31, 2015 and $1,502 as of January 31, 2015 30,971,000 26,415,000
Inventory 27,953,000 20,445,000
Deferred tax assets 3,259,000 3,319,000
Prepaid expenses and other current assets 11,704,000 8,805,000
Total current assets 165,979,000 149,233,000
Long-term marketable securities 3,537,000 4,249,000
Software, equipment and leasehold improvements, net 16,638,000 21,594,000
Intangible assets, net 24,318,000 24,642,000
Deferred tax assets, net of current portion 645,000 687,000
Long-term investments, net of current portion 3,132,000 3,267,000
Other non-current assets 7,586,000 1,661,000
Total assets 221,835,000 205,333,000
Current liabilities    
Accounts payable 26,664,000 21,207,000
Accrued compensation and related benefits 8,684,000 6,806,000
Accrued liabilities 12,451,000 22,894,000
Total current liabilities 47,799,000 50,907,000
Income taxes payable 10,475,000 7,573,000
Long-term deferred tax liabilities 423,000 741,000
Other long-term liabilities 6,439,000 2,822,000
Total liabilities $ 65,136,000 $ 62,043,000
Commitments and contingencies (Note 9)
Shareholders’ equity    
Preferred stock; no par value, authorized 2,000,000 shares, none issued and outstanding $ 0 $ 0
Common stock and additional paid-in capital; no par value; 100,000,000 shares authorized; 41,016,710 issued and 36,357,567 outstanding as of October 31, 2015 and 39,973,689 issued and 35,314,546 outstanding as of January 31, 2015 501,101,000 493,550,000
Treasury stock, at cost, 4,659,143 shares as of October 31, 2015 and January 31, 2015 (88,198,000) (88,198,000)
Accumulated other comprehensive loss (1,602,000) (1,111,000)
Accumulated deficit (254,602,000) (260,951,000)
Total shareholders’ equity 156,699,000 143,290,000
Total liabilities and shareholders’ equity $ 221,835,000 $ 205,333,000