Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v2.4.1.9
Consolidated Statements of Operations and Comprehensive Loss (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jan. 31, 2015
Jan. 31, 2014
Jan. 31, 2013
Revenues:      
Products $ 31,507us-gaap_SalesRevenueGoodsNet $ 54,749us-gaap_SalesRevenueGoodsNet $ 64,274us-gaap_SalesRevenueGoodsNet
Services 83,928us-gaap_SalesRevenueServicesNet 91,570us-gaap_SalesRevenueServicesNet 92,914us-gaap_SalesRevenueServicesNet
Total revenues 115,435us-gaap_SalesRevenueNet 146,319us-gaap_SalesRevenueNet 157,188us-gaap_SalesRevenueNet
Cost of revenues:      
Products 8,845us-gaap_CostOfGoodsSold 10,526us-gaap_CostOfGoodsSold 17,397us-gaap_CostOfGoodsSold
Services 48,272us-gaap_CostOfServices 55,075us-gaap_CostOfServices 52,162us-gaap_CostOfServices
Amortization of intangible assets 1,070us-gaap_CostOfGoodsSoldAmortization 1,269us-gaap_CostOfGoodsSoldAmortization 2,429us-gaap_CostOfGoodsSoldAmortization
Stock-based compensation expense 141seac_StockBasedCompensationExpenseAllocatedToCostOfRevenues 250seac_StockBasedCompensationExpenseAllocatedToCostOfRevenues 157seac_StockBasedCompensationExpenseAllocatedToCostOfRevenues
Inventory write-down     1,752us-gaap_InventoryWriteDown
Total cost of revenues 58,328us-gaap_CostOfGoodsAndServicesSold 67,120us-gaap_CostOfGoodsAndServicesSold 73,897us-gaap_CostOfGoodsAndServicesSold
Gross profit 57,107us-gaap_GrossProfit 79,199us-gaap_GrossProfit 83,291us-gaap_GrossProfit
Operating expenses:      
Research and development 42,169us-gaap_ResearchAndDevelopmentExpense 39,657us-gaap_ResearchAndDevelopmentExpense 38,667us-gaap_ResearchAndDevelopmentExpense
Selling and marketing 13,920us-gaap_SellingAndMarketingExpense 15,018us-gaap_SellingAndMarketingExpense 15,398us-gaap_SellingAndMarketingExpense
General and administrative 16,014us-gaap_GeneralAndAdministrativeExpense 17,618us-gaap_GeneralAndAdministrativeExpense 17,674us-gaap_GeneralAndAdministrativeExpense
Amortization of intangible assets 4,084us-gaap_AmortizationOfIntangibleAssets 3,361us-gaap_AmortizationOfIntangibleAssets 3,966us-gaap_AmortizationOfIntangibleAssets
Stock-based compensation expense 3,079us-gaap_AllocatedShareBasedCompensationExpense 2,709us-gaap_AllocatedShareBasedCompensationExpense 5,772us-gaap_AllocatedShareBasedCompensationExpense
Earn-outs and change in fair value of earn-outs   (60)us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 2,435us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Professional fees-other 671us-gaap_ProfessionalFees 1,614us-gaap_ProfessionalFees 1,619us-gaap_ProfessionalFees
Severance and other restructuring costs 3,623us-gaap_RestructuringCharges 911us-gaap_RestructuringCharges 3,106us-gaap_RestructuringCharges
Total operating expenses 83,560us-gaap_OperatingExpenses 80,828us-gaap_OperatingExpenses 88,637us-gaap_OperatingExpenses
Loss from operations (26,453)us-gaap_OperatingIncomeLoss (1,629)us-gaap_OperatingIncomeLoss (5,346)us-gaap_OperatingIncomeLoss
Other expenses, net (2,161)us-gaap_OtherNonoperatingIncomeExpense (224)us-gaap_OtherNonoperatingIncomeExpense (86)us-gaap_OtherNonoperatingIncomeExpense
(Loss) gain on sale of investment in affiliates   (363)us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal 885us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal
Loss before income taxes and equity income in earnings of affiliates (28,614)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (2,216)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (4,547)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax (benefit) provision (1,106)us-gaap_IncomeTaxExpenseBenefit 55us-gaap_IncomeTaxExpenseBenefit (1,555)us-gaap_IncomeTaxExpenseBenefit
Equity income in earnings of affiliates, net of tax 19us-gaap_IncomeLossFromEquityMethodInvestments 44us-gaap_IncomeLossFromEquityMethodInvestments 193us-gaap_IncomeLossFromEquityMethodInvestments
Loss from continuing operations (27,489)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (2,227)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (2,799)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Loss on sale of discontinued operations     (14,073)us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Income (loss) from discontinued operations, net of tax 5us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (803)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (2,293)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net loss (27,484)us-gaap_NetIncomeLoss (3,030)us-gaap_NetIncomeLoss (19,165)us-gaap_NetIncomeLoss
Net loss (27,484)us-gaap_NetIncomeLoss (3,030)us-gaap_NetIncomeLoss (19,165)us-gaap_NetIncomeLoss
Other comprehensive loss, net of tax:      
Foreign currency translation adjustment (3,647)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax (294)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax 7,954us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
Unrealized gain (loss) on marketable securities 25us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax [1] (12)us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax [1] (6)us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax [1]
Comprehensive loss $ (31,106)us-gaap_ComprehensiveIncomeNetOfTax $ (3,336)us-gaap_ComprehensiveIncomeNetOfTax $ (11,217)us-gaap_ComprehensiveIncomeNetOfTax
Loss per share:      
Basic loss per share $ (0.84)us-gaap_EarningsPerShareBasic $ (0.09)us-gaap_EarningsPerShareBasic $ (0.59)us-gaap_EarningsPerShareBasic
Diluted loss per share $ (0.84)us-gaap_EarningsPerShareDiluted $ (0.09)us-gaap_EarningsPerShareDiluted $ (0.59)us-gaap_EarningsPerShareDiluted
Loss per share from continuing operations:      
Basic loss per share $ (0.84)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ (0.07)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ (0.09)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Diluted loss per share $ (0.84)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ (0.07)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ (0.09)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Income (loss) per share from discontinued operations:      
Basic loss per share $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ (0.02)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ (0.50)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Diluted loss per share $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ (0.02)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ (0.50)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Weighted average common shares outstanding:      
Basic 32,772us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 32,718us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 32,494us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 32,772us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 32,718us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 32,494us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Tax amounts for all periods were not significant