| Quarterly Financial Information [Text Block] |
17. Quarterly Results of Operations—Unaudited
The following table sets forth certain unaudited quarterly results of operations for fiscal 2013 and fiscal 2012. In the opinion of management, this information has been prepared on the same basis as the audited consolidated financial statements and all necessary adjustments, consisting only of normal recurring adjustments, have been included in the amounts stated below to present fairly the quarterly information when read in conjunction with the audited consolidated financial statements and notes thereto included elsewhere in this Form 10-K. The quarterly operating results are not necessarily indicative of future results of operations.
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Fiscal Year Ended January 31, 2013 |
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Q1 |
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Q2 |
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Q3 |
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Q4 |
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(Amounts in thousands, except per share data) |
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| Revenue |
|
$ |
36,626 |
|
|
$ |
36,738 |
|
|
$ |
39,249 |
|
|
$ |
44,575 |
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| Gross profit |
|
|
20,153 |
|
|
|
16,490 |
|
|
|
19,503 |
|
|
|
25,776 |
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| Operating expenses |
|
|
21,324 |
|
|
|
23,295 |
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|
|
20,404 |
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|
|
20,417 |
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| Net (loss) income from continuing operations |
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|
(287 |
) |
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|
(7,394 |
) |
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|
367 |
|
|
|
6,343 |
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| Net (loss) income from discontinued operations (1) |
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(19,290 |
) |
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|
2,100 |
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|
|
211 |
|
|
|
613 |
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| Net (loss) income |
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(19,577 |
) |
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|
(5,294 |
) |
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|
578 |
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|
6,956 |
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| Net income (loss) per share from continuing operations (2): |
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|
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| Basic (loss) income per share |
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$ |
(0.01 |
) |
|
$ |
(0.22 |
) |
|
$ |
0.01 |
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|
$ |
0.20 |
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| Diluted (loss) income per share |
|
$ |
(0.01 |
) |
|
$ |
(0.22 |
) |
|
$ |
0.01 |
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|
$ |
0.19 |
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| Loss per share from discontinued operations (2): |
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|
|
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|
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| Basic loss per share |
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$ |
(0.59 |
) |
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$ |
0.06 |
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|
$ |
0.01 |
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|
$ |
0.02 |
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| Diluted loss per share |
|
$ |
(0.59 |
) |
|
$ |
0.06 |
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|
$ |
0.01 |
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|
$ |
0.02 |
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| Earnings per share (2): |
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|
|
|
|
|
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|
|
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| Basic income (loss) per share |
|
$ |
(0.60 |
) |
|
$ |
(0.16 |
) |
|
$ |
0.02 |
|
|
$ |
0.22 |
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| Diluted income (loss) per share |
|
$ |
(0.60 |
) |
|
$ |
(0.16 |
) |
|
$ |
0.02 |
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|
$ |
0.21 |
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Fiscal Year Ended January 31, 2012 |
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Q1 |
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Q2 |
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Q3 |
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Q4 |
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(Amounts in thousands, except per share data) |
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| Revenue |
|
$ |
40,169 |
|
|
$ |
38,386 |
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|
$ |
42,913 |
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|
$ |
43,324 |
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| Gross profit |
|
|
22,038 |
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|
|
22,111 |
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|
|
24,308 |
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|
|
23,540 |
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| Operating expenses |
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|
22,809 |
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|
|
21,334 |
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|
23,570 |
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|
25,954 |
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| Net (loss) income from continuing operations |
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|
(404 |
) |
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|
966 |
|
|
|
1,108 |
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|
|
(5,073 |
) |
| Net income (loss) from discontinued operations (1) |
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|
20 |
|
|
|
(179 |
) |
|
|
(700 |
) |
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|
248 |
|
| Net (loss) income |
|
|
(384 |
) |
|
|
787 |
|
|
|
408 |
|
|
|
(4,825 |
) |
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| Net income (loss) per share from continuing operations (2): |
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| Basic income (loss) per share |
|
$ |
(0.01 |
) |
|
$ |
0.03 |
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|
$ |
0.03 |
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|
$ |
(0.16 |
) |
| Diluted income (loss) per share |
|
$ |
(0.01 |
) |
|
$ |
0.03 |
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|
$ |
0.03 |
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|
$ |
(0.16 |
) |
| Loss per share from discontinued operations (2): |
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| Basic loss per share |
|
$ |
0.00 |
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|
$ |
(0.01 |
) |
|
$ |
(0.02 |
) |
|
$ |
0.01 |
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| Diluted loss per share |
|
$ |
0.00 |
|
|
$ |
(0.01 |
) |
|
$ |
(0.02 |
) |
|
$ |
0.01 |
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| Earnings per share (2): |
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|
|
|
|
|
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|
|
|
|
|
|
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| Basic (loss) income per share |
|
$ |
(0.01 |
) |
|
$ |
0.02 |
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|
$ |
0.01 |
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|
$ |
(0.15 |
) |
| Diluted (loss) income per share |
|
$ |
(0.01 |
) |
|
$ |
0.02 |
|
|
$ |
0.01 |
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|
$ |
(0.15 |
) |
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(1) |
In May 2012, we completed the sale of our Broadcast Servers and Storage business and our Media Services business. As a result, both businesses have been reported as discontinued operations in our consolidated financial statements. For all periods presented, our consolidated financial statements have been recast to reflect the presentation of discontinued operations. |
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(2) |
The sum of per share data may not agree to annual amounts due to rounding. |
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