| Quarterly Results of Operations-Unaudited |
17. Quarterly Results of Operations—Unaudited
The following table sets forth certain unaudited quarterly results
of operations for fiscal 2012 and 2011. 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 Annual Report on Form 10-K. The quarterly
operating results are not necessarily indicative of future results
of operations.
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Three months ended
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April 30,
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July 31,
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October 31,
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January 31,
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April 30,
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July 31,
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October 31,
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January 31,
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2010
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2010
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2010
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2011
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2011
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2011
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2011
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2012
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Revenue
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$
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51,882
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$
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45,587
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$
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46,335
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$
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57,883
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$
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49,072
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$
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46,158
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$
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50,778
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$
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51,697
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| Gross profit |
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26,550 |
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22,448 |
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22,285 |
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31,572 |
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23,542 |
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23,023 |
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25,137 |
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26,310 |
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| Operating expenses |
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30,095 |
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22,700 |
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24,694 |
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22,902 |
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23,833 |
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22,283 |
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24,598 |
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26,264 |
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| Net income (loss) from continuing
operations |
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21,395 |
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3,194 |
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(4,163 |
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11,214 |
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255 |
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846 |
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1,179 |
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(3,564 |
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| Net (loss) income from discontinued
operations |
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(1,122 |
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314 |
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(1,128 |
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(236 |
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(639 |
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(59 |
) |
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(771 |
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(1,261 |
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| Net income (loss) |
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20,273 |
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3,508 |
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(5,291 |
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10,978 |
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(384 |
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787 |
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408 |
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(4,825 |
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Earnings per share from continuing
operations:
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| Basic (loss) income per share |
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0.68 |
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0.10 |
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(0.13 |
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0.36 |
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0.01 |
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0.03 |
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0.04 |
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(0.11 |
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| Diluted (loss) income per share |
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0.67 |
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0.10 |
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(0.13 |
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0.36 |
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0.01 |
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0.03 |
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0.04 |
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(0.11 |
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Loss per share from discontinued
operations:
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| Basic loss per share |
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(0.04 |
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0.01 |
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(0.04 |
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(0.01 |
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(0.02 |
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(0.00 |
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(0.02 |
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(0.04 |
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| Diluted loss per share |
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(0.04 |
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0.01 |
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(0.04 |
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(0.01 |
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(0.02 |
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(0.00 |
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(0.02 |
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(0.04 |
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| Earnings
per share: |
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| Basic income (loss) per share |
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0.65 |
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0.11 |
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(0.17 |
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0.35 |
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(0.01 |
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0.02 |
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0.01 |
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(0.15 |
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| Diluted income (loss) per share |
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0.64 |
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0.11 |
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(0.17 |
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0.34 |
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(0.01 |
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0.02 |
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0.01 |
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(0.15 |
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