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Network
135 - Disclosure - Income Taxes (Tables)
(http://www.schange.com/taxonomy/role/NotesToFinancialStatementsIncomeTaxDisclosureTextBlockTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Income Tax Disclosure [Abstract]Period [Axis]
2015-02-01 - 2016-01-31
Income Tax Disclosure [Abstract]
 
Components of Loss from Continuing Operations before Income Taxes

The components of loss from continuing operations before income taxes are as follows:

 

     For the Fiscal Years Ended January 31,  
     2016      2015      2014  
     (Amounts in thousands)  

Domestic

   $ (38,709    $ (25,920    $ (15,049

Foreign

     (10,044      (2,694      12,833   
  

 

 

    

 

 

    

 

 

 
   $ (48,753    $ (28,614    $ (2,216
  

 

 

    

 

 

    

 

 

 
 
 
Components of Income Tax (Benefit) Provision from Continuing Operations

The components of the income tax (benefit) provision from continuing operations are as follows:

 

     For the Fiscal Years Ended January 31,  
     2016      2015      2014  
     (Amounts in thousands)  

Current:

        

Federal

   $         —         $       —         $ 11   

State

     50         (762            50   

Foreign

     (49      24         692   
  

 

 

    

 

 

    

 

 

 

Total

     1         (738      753   
  

 

 

    

 

 

    

 

 

 

Deferred:

        

Foreign

     (1,030      (368      (698
  

 

 

    

 

 

    

 

 

 

Total

     (1,030      (368      (698
  

 

 

    

 

 

    

 

 

 

Income tax (benefit) provision

   $ (1,029    $ (1,106    $ 55   
  

 

 

    

 

 

    

 

 

 
 
 
Income Tax (Benefit) Provision for Continuing Operations Computed Using Federal Statutory Income Tax Rate

The income tax (benefit) provision for continuing operations computed using the federal statutory income tax rate differs from our effective tax rate primarily due to the following:

 

     For the Fiscal Years Ended January 31,  
           2016                  2015                  2014        
     (Amounts in thousands)  

Statutory U.S. federal tax rate

   $ (17,066    $ (10,014    $ (774

State taxes, net of federal tax benefit

     33         (779      33   

Income (losses) not benefitted

     15,712         8,913         92   

Non-deductible stock compensation expense

     3         —           15   

Other(1)

     (31      (74      694   

Innovative technology and development incentive

     (189      (68      260   

Foreign tax rate differential

     509         916         (265
  

 

 

    

 

 

    

 

 

 
   $ (1,029    $ (1,106    $ 55   
  

 

 

    

 

 

    

 

 

 

 

(1) Within the other line in the table above, other non-deductible items were ($0.2) million and $0.3 million for the fiscal years ended January 31, 2016 and 2014, respectively but were not material in fiscal 2015. These expenses have been aggregated with various adjustments related to differences in prior year U.S. and foreign tax provisions and the actual returns filed.
 
 
Components of Deferred Income Taxes

The components of deferred income taxes are as follows:

 

     January 31,  
     2016     2015  
     (Amounts in thousands)  

Deferred tax assets:

    

Accruals and reserves

   $ 5,041      $ 1,783   

Deferred revenue

     346        761   

Stock-based compensation expense

     3,655        3,005   

U.S. federal, state and foreign tax credits

     7,510        7,670   

Intangible assets

     7,153        —     

Loss carryforwards

     24,172        18,298   
  

 

 

   

 

 

 

Deferred tax assets

     47,877        31,517   

Less: Valuation allowance

     (47,368     (30,369
  

 

 

   

 

 

 

Net deferred tax assets

     509        1,148   

Deferred tax liabilities:

    

Intangible assets

     —          1,267   

Other

     75        74   

Property and equipment

     426        869   
  

 

 

   

 

 

 

Total net deferred tax liabilities

   $ 8      $ (1,062
 
 
Reconciliation of Beginning and Ending Balance of Total Amounts of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending balance of the total amounts of gross unrecognized tax benefits, excluding interest of $0.4 million, is as follows:

 

     For the Fiscal Years Ended January 31,  
             2016                      2015          
     (Amounts in thousands)  

Balance of gross unrecognized tax benefits, beginning of period

   $ 5,527       $ 6,035   

Gross amounts of increases in unrecognized tax benefits as a result of tax positions taken in the current period

     —           96   

Decrease due to expiration of statute of limitation

     (325      (275

Effect of currency translation

     (51      (329
  

 

 

    

 

 

 

Balance of gross unrecognized tax benefits, end of period

   $ 5,151       $ 5,527