Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.3.1.900
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Jan. 31, 2014
Revenues:      
Products $ 21,896 $ 31,507 $ 54,749
Services 85,096 83,928 91,570
Total revenues 106,992 115,435 146,319
Cost of revenues:      
Products 6,013 8,845 10,526
Services 44,159 48,272 55,075
Provision for loss contract 9,162    
Amortization of intangible assets 739 1,070 1,269
Stock-based compensation expense 80 141 250
Total cost of revenues 60,153 58,328 67,120
Gross profit 46,839 57,107 79,199
Operating expenses:      
Research and development 33,696 42,169 39,657
Selling and marketing 15,197 13,920 15,018
General and administrative 15,470 16,014 17,618
Amortization of intangible assets 4,041 4,084 3,361
Stock-based compensation expense 3,472 3,079 2,709
Earn-outs and change in fair value of earn-outs     (60)
Professional fees-other 637 671 1,614
Severance and other restructuring costs 1,061 3,623 911
Loss on impairment of TLL, LLC net assets (Note 4) 21,464    
Total operating expenses 95,038 83,560 80,828
Loss from operations (48,199) (26,453) (1,629)
Other expenses, net (523) (2,161) (224)
Loss on sale of investment in affiliates (31)   (363)
Loss before income taxes and equity income in earnings of affiliates (48,753) (28,614) (2,216)
Income tax (benefit) provision (1,029) (1,106) 55
Equity income in earnings of affiliates, net of tax 27 19 44
Loss from continuing operations (47,697) (27,489) (2,227)
Income (loss) from discontinued operations, net of tax   5 (803)
Net loss (47,697) (27,484) (3,030)
Net loss (47,697) (27,484) (3,030)
Other comprehensive loss, net of tax:      
Foreign currency translation adjustment (847) (3,647) (294)
Unrealized (loss) gain on marketable securities [1] (12) 25 (12)
Comprehensive loss $ (48,556) $ (31,106) $ (3,336)
Net loss per share:      
Basic $ (1.42) $ (0.84) $ (0.09)
Diluted (1.42) (0.84) (0.09)
Net loss per share from continuing operations:      
Basic (1.42) (0.84) (0.07)
Diluted $ (1.42) (0.84) (0.07)
Net income (loss) per share from discontinued operations:      
Basic   0.00 (0.02)
Diluted   $ 0.00 $ (0.02)
Weighted average common shares outstanding:      
Basic 33,506 32,772 32,718
Diluted 33,506 32,772 32,718
[1] Tax amounts for all periods were not significant