Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Cash flows from operating activities:    
Net loss $ (9,467) $ (1,985)
Net income from discontinued operations   (35)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities from continuing operations:    
Depreciation of property and equipment 995 1,180
Amortization of intangible assets 1,779 1,149
Stock-based compensation expense 596 1,113
Other 11 101
Changes in operating assets and liabilities:    
Accounts receivable 4,855 4,943
Unbilled receivables 40 (2,850)
Inventories 244 (583)
Prepaid expenses and other assets (1,793) 4,081
Accounts payable 771 (831)
Accrued expenses (3,731) (1,652)
Deferred revenues 277 (1,349)
Other 141 (214)
Net cash (used in) provided by operating activities from continuing operations (5,282) 3,068
Net cash provided by operating activities from discontinued operations   35
Total cash (used in) provided by operating activities (5,282) 3,103
Cash flows from investing activities:    
Purchases of property and equipment (371) (507)
Purchases of marketable securities (1,543) (2,062)
Proceeds from sale and maturity of marketable securities 538 3,116
Investment in affiliate (2,000)  
Acquisition of businesses and payment of contingent consideration, net of cash acquired   (3,206)
Other investing activities, net   19
Net cash used in investing activities from continuing operations (3,376) (2,640)
Net cash provided by investing activities from discontinued operations   2,000
Total cash used in investing activities (3,376) (640)
Cash flows from financing activities:    
Repurchases of common stock (3,504)  
Proceeds from issuance of common stock relating to stock option exercises   84
Total cash (used in) provided by financing activities (3,504) 84
Effect of exchange rate changes on cash (315) (79)
Net (decrease) increase in cash and cash equivalents (12,477) 2,468
Cash and cash equivalents, beginning of period 115,734 106,721
Cash and cash equivalents, end of period 103,257 109,189
Supplemental disclosure of cash flow information:    
Income taxes paid 248 17
Interest paid 2  
Supplemental disclosure of non-cash activities:    
Transfer of items originally classified as inventories to equipment $ 123 $ 46