Quarterly Results of Operations

12 Months Ended

Apr. 30, 2012

Quarterly Results of Operations [Abstract]

Quarterly Results of Operations

Note 19.Quarterly Results of Operations (Unaudited)

The following interim financial information presents the fiscal 2012 and 2011 results on a quarterly basis:

			Quarter Ended
			July 31,		October 31,		January 31,		April 30,
			(In thousands, except per share data)
Year ended 2012:
	Total revenues	$	11,514	$	11,075	$	11,069	$	9,811
	Income (loss) from operations		845		1,198		604		(15,706)
	Net income (loss)		(1,778)		795		53		(15,732)
	Earnings (loss) per share:
	Basic	$	(0.12)	$	0.05	$	0.00	$	(1.08)
	Diluted	$	(0.12)	$	0.04	$	0.00	$	(1.08)
	Weighted-average shares used in computing earnings (loss) per share:
	Basic		14,601		14,657		14,713		14,718
	Diluted		14,601		16,476		14,713		14,718
Year ended 2011:
	Total revenues	$	9,885	$	12,868	$	12,431	$	11,809
	Income (loss) from operations		(309)		782		1,138		(15,342)
	Net income (loss)		(475)		(113)		(206)		(15,871)
	Earnings (loss) per share:
	Basic	$	(0.04)	$	(0.01)	$	(0.01)	$	(1.09)
	Diluted	$	(0.04)	$	(0.01)	$	(0.01)	$	(1.09)
	Weighted-average shares used in computing earnings (loss) per share:
	Basic		11,240		13,844		14,577		14,578
	Diluted		11,240		13,844		14,577		14,578

As discussed in Note 5, the Company recorded a charge for impairments of goodwill and other intangible assets of $15.0 million in the fourth quarter of 2012 and $16.0 million in the fourth quarter of 2011.