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
 6 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Cash flows from operating activities:    
Net loss $ (14,852) $ (15,035)
Net income from discontinued operations   (119)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization of property and equipment 1,703 1,918
Amortization of intangible assets 2,338 2,868
Fair value of acquisition-related contingent consideration 983  
Stock-based compensation expense 1,867 1,397
Other 102 334
Changes in operating assets and liabilities, excluding impact of acquisition:    
Accounts receivable (1,147) 3,568
Unbilled receivables (3,850) 299
Inventories (732) 1,235
Prepaid expenses and other assets (598) (981)
Accounts payable 1,875 (1,070)
Accrued expenses (3,127) (3,278)
Deferred revenues (1,929) (784)
Other (832) (59)
Net cash used in operating activities from continuing operations (18,199) (9,707)
Net cash provided by operating activities from discontinued operations   119
Total cash used in operating activities (18,199) (9,588)
Cash flows from investing activities:    
Purchases of property and equipment (795) (686)
Purchases of marketable securities (2,002) (5,591)
Proceeds from sale and maturity of marketable securities 4,003 3,575
Proceeds from sale of equity investments   239
Investment in affiliate   (2,000)
Cash paid for acquisition of business, net of cash acquired (11,686)  
Increase in other long-term assets (1,453)  
Total cash used in investing activities (11,933) (4,463)
Cash flows from financing activities:    
Proceeds from issuance of common stock relating to stock option exercises 20  
Repurchases of common stock   (5,504)
Total cash provided by (used in) financing activities 20 (5,504)
Effect of exchange rate changes on cash 653 376
Net decrease in cash and cash equivalents (29,459) (19,179)
Cash and cash equivalents, beginning of period 90,019 115,734
Cash and cash equivalents, end of period 60,560 96,555
Supplemental disclosure of cash flow information:    
Income taxes paid 364 540
Supplemental disclosure of non-cash investing activities:    
Transfer of items originally classified as inventories to equipment $ 293 $ 310