Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Jan. 31, 2012
Cash flows from operating activities:      
Net loss $ (3,030) $ (19,165) $ (4,014)
Net loss from discontinued operations 803 16,366 611
Adjustments to reconcile net loss to net cash provided by continuing operating activities:      
Depreciation of property and equipment 4,389 4,671 5,435
Amortization of intangible assets 4,630 6,395 6,271
Impairment of long-lived asset   967 1,092
Loss (gain) on sale of investment in affiliates 363 (885)  
Stock-based compensation expense 2,959 5,929 2,988
Deferred income taxes (684) (132) 6,599
Change in contingent consideration related to acquisitions (60) 2,435 3,312
Other 495 79 669
Changes in operating assets and liabilities:      
Accounts receivable 5,420 1,676 (409)
Unbilled receivables (5,251) 4,637 (1,255)
Inventories (234) 2,563 (852)
Prepaid expenses and other assets 6,724 (5,045) (4,510)
Accounts payable (873) (236) (2,596)
Accrued expenses 1,080 (347) 3,612
Customer deposits (4,226) 1,777 (926)
Deferred revenues (4,877) (6,283) (3,839)
Other 539 568 519
Net cash provided by operating activities from continuing operations 8,167 15,970 12,707
Net cash (used in) provided by operating activities from discontinued operations (803) 1,387 1,672
Total cash provided by operating activities 7,364 17,357 14,379
Cash flows from investing activities:      
Purchases of property and equipment (2,315) (3,972) (1,512)
Purchases of marketable securities (11,479) (15,642) (19,944)
Proceeds from sale and maturity of marketable securities 12,237 14,214 19,523
Additional proceeds from sale of equity investment 1,128 885  
Acquisition of businesses and payment of contingent consideration, net of cash acquired (4,009) (8,175) (4,935)
Decrease in restricted cash 938 262 132
Other 20 190  
Net cash used in investing activities from continuing operations (3,480) (12,238) (6,736)
Net cash provided by (used in) investing activities from discontinued operations 4,000 25,232 (1,891)
Total cash provided by (used in) investing activities 520 12,994 (8,627)
Cash flows from financing activities:      
Repurchases of our common stock   (6,200)  
Proceeds from issuance of common stock relating to stock option exercises 1,058 2,191 1,787
Total cash provided by (used in) financing activities 1,058 (4,009) 1,787
Effect of exchange rate changes on cash 71 (206) (99)
Net increase in cash and cash equivalents 9,013 26,136 7,440
Cash and cash equivalents, beginning of period 106,721 80,585 73,145
Cash and cash equivalents, end of period 115,734 106,721 80,585
Supplemental disclosure of cash flow information:      
Income taxes paid 2,606 1,312 565
Interest paid 4 89  
Supplemental disclosure of non-cash activities:      
Transfer of items originally classified as inventories to equipment 1,110 897 1,402
Issuance of common stock for settlement of contingent consideration related to acquisitions 1,560    
Asset held for sale reclassified to asset held for use and reclassified from current assets to property and equipment $ 465