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Quarterly Results of Operations
12 Months Ended
Apr. 30, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results Of Operations

Note 18. Quarterly Results of Operations (Unaudited)

 

The following interim financial information presents the fiscal 2013 and 2012 results on a quarterly basis:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

 

July 31,

 

October 31,

 

January 31,

 

April 30,

 

 

 

(In thousands, except per share data)

Year ended 2013:

 

 

 

 

 

 

 

 

 

Total revenues

$

9,638 

$

10,345 

$

10,440 

$

9,770 

 

Income from operations

 

284 

 

902 

 

367 

 

762 

 

Net income (loss)

 

157 

 

252 

 

(65)

 

188 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) per share:

 

 

 

 

 

 

 

 

 

Basic

$

0.00 

$

0.01 

$

(0.01)

$

0.01 

 

Diluted

$

0.00 

$

0.01 

$

(0.01)

$

0.01 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares used in computing income (loss) per share:

 

 

 

 

 

 

 

 

 

Basic

 

14,718 

 

14,718 

 

14,718 

 

14,718 

 

Diluted

 

14,718 

 

14,729 

 

14,718 

 

14,736 

 

 

 

 

 

 

 

 

 

 

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)

 

 

 

 

 

 

 

 

 

 

 

Income (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 income (loss) per share:

 

 

 

 

 

 

 

 

 

Basic

 

14,601 

 

14,657 

 

14,713 

 

14,718 

 

Diluted

 

14,601 

 

14,809 

 

14,713 

 

14,718 

 

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.