v2.4.0.8
Condensed Consolidated Statements Of Operations And Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Oct. 31, 2014
Oct. 31, 2013
Oct. 31, 2014
Oct. 31, 2013
Revenue        
Account fee revenue $ 11,086 $ 7,496 $ 32,022 $ 21,721
Custodial fee revenue 6,196 4,816 17,557 13,913
Card fee revenue 4,317 2,853 12,848 8,929
Other revenue 263 83 557 291
Total revenue 21,862 15,248 62,984 44,854
Cost of services        
Account costs 7,057 4,977 20,188 14,677
Custodial costs 1,050 858 2,994 2,737
Card costs 1,467 1,006 4,284 2,989
Other costs 56 29 58 71
Total cost of services 9,630 6,870 27,524 20,474
Gross profit 12,232 8,378 35,460 24,380
Operating expenses        
Sales and marketing 2,275 1,876 6,829 5,458
Technology and development 2,811 1,803 7,299 5,131
General and administrative 2,443 894 5,252 2,629
Amortization of acquired intangible assets 409 409 1,227 1,227
Total operating expenses 7,938 4,982 20,607 14,445
Income from operations 4,294 3,396 14,853 9,935
Other expense        
Loss on revaluation of redeemable convertible preferred stock derivative 0 (109) (735) (109)
Other expense, net (145) (29) (276) (152)
Total other expense (145) (138) (1,011) (261)
Income before income taxes 4,149 3,258 13,842 9,674
Income tax provision 1,100 1,280 5,047 3,724
Net income and comprehensive income 3,049 1,978 8,795 5,950
Comprehensive income 3,049 1,978 8,795 5,950
Net income attributable to common stockholders:        
Basic (in dollars) 3,020 607 10,245 1,717
Diluted (in dollars) $ 3,036 $ 1,213 $ 9,530 $ 3,520
Net income per share attributable to common stockholders:        
Basic (in dollars per share) $ 0.06 $ 0.11 $ 0.44 $ 0.31
Diluted (in dollars per share) $ 0.05 $ 0.04 $ 0.19 $ 0.12
Weighted-average number of shares used in computing net income per share attributable to common stockholders        
Basic (in shares) 53,678 5,582 23,232 5,548
Diluted (in shares) 57,553 28,725 50,052 28,705