%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 743.6 m 561.5 743.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 739.6 m 561.5 739.6 l s BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 14.00 Tf ET q 0 0 0 rg BT 99.10 717.30 Td (UNITED ST) Tj ET Q q 0 0 0 rg BT 173.14 717.30 Td (A) Tj ET Q q 0 0 0 rg BT 182.21 717.30 Td (TES SECURITIES ) Tj ET Q q 0 0 0 rg BT 299.71 717.30 Td (AND EXCHANGE COMMISSION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.10 705.30 Td (W) Tj ET Q q 0 0 0 rg BT 253.99 705.30 Td (ASHINGT) Tj ET Q q 0 0 0 rg BT 299.93 705.30 Td (ON, D.C. 20549) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.88 705.30 Td () Tj ET Q BT /F2 18.00 Tf ET q 0 0 0 rg BT 257.25 677.70 Td (FORM10-Q) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.73 677.70 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.70 Td (\(Mark One\)) Tj ET Q /GS0 gs q 10.70 0 0 11.71 73.15 640.99 cm /I1 Do Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 110.50 644.57 Td (QUARTERLY REPORT PURSUANT TO SECTION13 OR 15\(d\)OF THE) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 110.50 632.57 Td (SECURITIES EXCHANGE ACT OF 1934) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.30 613.70 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.80 613.70 Td (For) Tj ET Q q 0 0 0 rg BT 225.17 613.70 Td ( the quarterly period ended ) Tj ET Q q 0 0 0 rg BT 344.33 613.70 Td (April 30, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.50 598.70 Td (OR) Tj ET Q /GS0 gs q 10.69 0 0 11.71 72.65 573.99 cm /I2 Do Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 110.00 577.57 Td (TRANSITION REPORT PURSUANT TO SECTION13 OR 15\(d\)OF THE) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 110.00 565.57 Td (SECURITIES EXCHANGE ACT OF 1934) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.55 546.70 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 151.05 546.70 Td (For) Tj ET Q q 0 0 0 rg BT 166.42 546.70 Td ( the transition period fr) Tj ET Q q 0 0 0 rg BT 266.78 546.70 Td (om ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 282.6125 545.13505859375 m 357.6125 545.13505859375 l s q 0 0 0 rg BT 282.61 546.70 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.61 546.70 Td ( to ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 370.942578125 545.13505859375 m 460.942578125 545.13505859375 l s q 0 0 0 rg BT 370.94 546.70 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.94 546.70 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 534.70 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 238.75 522.70 Td (Commission File No.001-34807) Tj ET Q /GS0 gs q 126.00 0 0 39.00 243.00 478.70 cm /I3 Do Q BT /F1 10.00 Tf ET BT /F2 24.00 Tf ET q 0 0 0 rg BT 206.75 449.90 Td (V) Tj ET Q q 0 0 0 rg BT 221.88 449.90 Td (erint Systems Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.95 435.90 Td (\(Exact Name of Registrant as Specified in its Charter\)) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 411.4 m 277 411.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 411.4 m 562 411.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 369.4 m 277 369.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335 369.4 m 562 369.4 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.80 415.97 Td (Delaware) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 279.50 414.16 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.00 415.97 Td (11-3200514) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.40 401.97 Td (\(State or Other Jurisdiction of Incorporation or) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.30 391.97 Td (Or) Tj ET Q q 0 0 0 rg BT 145.67 391.97 Td (ganization\)) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 279.50 390.16 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.35 401.97 Td (\(I.R.S. Employer Identification No.\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.10 373.97 Td (175 Broadhollow Road, Melville, New York) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 279.50 372.16 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 373.97 Td (11747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.45 359.97 Td (\(Address of Principal Executive Offices\)) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 279.50 358.16 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.90 359.97 Td (\(Zip Code\)) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 205 331.4 m 408 331.4 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 127.00 342.21 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.75 335.97 Td (\(631\) 962-9600) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 484.50 342.21 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.75 321.97 Td (\(Registrants Telephone Number,Including Area Code\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.90 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.90 Td (Indicate by check mark whether the registrant: \(1\)has filed all reports required to be filed by Section13 or 15\(d\)of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.90 Td (Securities Exchange ) Tj ET Q q 0 0 0 rg BT 132.81 281.90 Td (Act of 1934 during the preceding 12 months \(or for such shorter period that the registrant was required to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.90 Td (file such reports\), and \(2\)has been subject to such filing requirements for the past 90 days. ) Tj ET Q q 0 0 0 rg BT 414.30 269.90 Td (Y) Tj ET Q q 0 0 0 rg BT 420.53 269.90 Td (es ) Tj ET Q /GS0 gs q 8.92 0 0 10.09 431.36 267.74 cm /I4 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.27 269.90 Td ( No ) Tj ET Q /GS0 gs q 8.91 0 0 10.09 457.49 267.74 cm /I5 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.90 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.90 Td (Indicate by check mark whether the registrant has submitted electronically and posted on its corporate ) Tj ET Q q 0 0 0 rg BT 460.01 245.90 Td (W) Tj ET Q q 0 0 0 rg BT 468.65 245.90 Td (eb site, if any) Tj ET Q q 0 0 0 rg BT 521.87 245.90 Td (, every ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.90 Td (Interactive Data File required to be submitted and posted pursuant to Rule405 of Regulation S-T) Tj ET Q q 0 0 0 rg BT 437.84 233.90 Td ( \(232.405 of this chapter\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.90 Td (during the preceding 12 months \(or for such shorter period that the registrant was required to submit and post such files\). ) Tj ET Q q 0 0 0 rg BT 537.63 221.90 Td (Y) Tj ET Q q 0 0 0 rg BT 543.85 221.90 Td (es ) Tj ET Q /GS0 gs q 8.92 0 0 10.76 49.50 207.85 cm /I6 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.42 209.90 Td ( No ) Tj ET Q /GS0 gs q 8.91 0 0 10.76 75.64 207.85 cm /I7 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.90 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.90 Td (Indicate by check mark whether the registrant is a lar) Tj ET Q q 0 0 0 rg BT 261.73 185.90 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 337.38 185.90 Td (, an accelerated filer) Tj ET Q q 0 0 0 rg BT 418.03 185.90 Td (, a non-accelerated filer) Tj ET Q q 0 0 0 rg BT 512.00 185.90 Td (, a smaller ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.90 Td (reporting company) Tj ET Q q 0 0 0 rg BT 124.66 173.90 Td (, or an emer) Tj ET Q q 0 0 0 rg BT 172.23 173.90 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 259.35 173.90 Td (. See the definitions of "lar) Tj ET Q q 0 0 0 rg BT 369.06 173.90 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 444.71 173.90 Td (," "accelerated filer) Tj ET Q q 0 0 0 rg BT 521.58 173.90 Td (," ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.90 Td ("smaller reporting company) Tj ET Q q 0 0 0 rg BT 160.68 161.90 Td (," and "emer) Tj ET Q q 0 0 0 rg BT 210.58 161.90 Td (ging growth company" in Rule12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 429.34 161.90 Td (Act.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.50 129.97 Td (Lar) Tj ET Q q 0 0 0 rg BT 70.20 129.97 Td (ge accelerated filer ) Tj ET Q /GS0 gs q 8.92 0 0 10.09 151.25 127.81 cm /I8 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.50 129.97 Td (Accelerated filer ) Tj ET Q /GS0 gs q 8.91 0 0 10.09 457.39 127.81 cm /I9 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.50 111.97 Td (Non-accelerated filer ) Tj ET Q /GS0 gs q 8.91 0 0 10.09 146.16 109.81 cm /I10 Do Q /GS0 gs q 10.00 0 0 10.09 155.07 109.81 cm /I11 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.07 111.97 Td (\(Do not check if a smaller reporting company\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.50 111.97 Td (Smaller reporting company ) Tj ET Q /GS0 gs q 8.91 0 0 10.09 499.91 109.81 cm /I12 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.50 93.97 Td (Emer) Tj ET Q q 0 0 0 rg BT 406.97 93.97 Td (ging growth company ) Tj ET Q /GS0 gs q 8.91 0 0 10.09 499.74 91.81 cm /I13 Do Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 61.90 Td () Tj ET Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 740.10 Td (If an emer) Tj ET Q q 0 0 0 rg BT 90.40 740.10 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 177.52 740.10 Td (, indicate by check mark if the registrant has elected not to use the extended transition period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 728.10 Td (for complying with any new or revised financial accounting standards provided pursuant to Section13\(a\) of the Exchange ) Tj ET Q q 0 0 0 rg BT 539.92 728.10 Td (Act. ) Tj ET Q /GS0 gs q 8.91 0 0 10.76 49.50 714.05 cm /I14 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 692.10 Td (Indicate by check mark whether the registrant is a shell company \(as defined in Rule12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 482.96 692.10 Td (Act\). ) Tj ET Q q 0 0 0 rg BT 507.86 692.10 Td (Y) Tj ET Q q 0 0 0 rg BT 514.08 692.10 Td (es ) Tj ET Q /GS0 gs q 8.91 0 0 10.09 524.91 689.94 cm /I15 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.82 692.10 Td ( No ) Tj ET Q /GS0 gs q 8.92 0 0 10.09 551.04 689.94 cm /I16 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 680.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 668.10 Td (There were 62,674,730 shares of the registrant) Tj ET Q q 0 0 0 rg BT 238.32 668.10 Td (s common stock outstanding on May 15, 2017.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 657.6 m 562 657.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 653.6 m 562 653.6 l s BT /F1 10.00 Tf ET endstream endobj 7 0 obj <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.60 31.60 Td (i) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 690.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 690.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 690.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 662.10 472.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 662.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 634.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 634.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 634.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 607.10 75.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 607.10 397.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 607.10 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 580.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 580.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 580.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 552.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 552.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 552.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 524.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 524.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 524.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 496.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 496.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 496.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 468.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 468.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 468.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 440.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 440.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 440.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 412.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 412.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 412.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 384.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 384.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 384.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 356.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 356.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 356.10 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 328.10 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 125.50 328.10 397.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 328.10 40.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 690.1 m 125.5 690.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 125.5 690.1 m 522.5 690.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 690.1 m 562.5 690.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 676.1 m 562.5 676.1 l s BT /F2 11.00 Tf ET q 0 0 0 rg BT 220.15 723.15 Td (Verint Systems Inc. and Subsidiaries) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 259.10 708.15 Td (Index to Form 10-Q) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 197.30 694.15 Td (As of and For the Period Ended April 30, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.70 680.78 Td (Page) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 652.67 Td (Cautionary Note on Forward-Looking Statements) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 638.67 Td () Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 624.83 Td (PartI.) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 624.83 Td (Financial Information) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 610.83 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 128.00 610.83 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 597.67 Td (Item 1.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 597.67 Td (Financial Statements \(Unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 584.67 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 584.67 Td (Condensed Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 570.67 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 570.67 Td (Condensed Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 556.67 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 556.67 Td (Condensed Consolidated Statements of Comprehensive \(Loss\) Income) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 542.67 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 542.67 Td (Condensed Consolidated Statements of Stockholders) Tj ET Q q 0 0 1 rg BT 342.23 542.67 Td ( Equity) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 528.67 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 528.67 Td (Condensed Consolidated Statements of Cash Flows) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 514.67 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 514.67 Td (Notes to Condensed Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 500.67 Td (Item 2.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 500.67 Td (Management's Discussion and ) Tj ET Q q 0 0 1 rg BT 251.17 500.67 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 486.67 Td (Item 3.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 486.67 Td (Quantitative and Qualitative Disclosures ) Tj ET Q q 0 0 1 rg BT 292.40 486.67 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 472.67 Td (Item 4.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 472.67 Td (Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 458.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.00 458.67 Td () Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 444.83 Td (PartII.) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 444.78 Td (Other) Tj ET Q q 0 0 1 rg BT 153.37 444.78 Td ( Information) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 430.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.00 430.67 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 416.67 Td (Item 1.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 416.67 Td (Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 402.67 Td (Item 1A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 402.67 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 388.67 Td (Item 2.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 388.67 Td (Unregistered Sales of Equity Securities and Use of Proceeds) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 374.67 Td (Item 3.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 374.67 Td (Defaults Upon Senior Securities) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 360.67 Td (Item 4.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 360.67 Td (Mine Safety Disclosures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 346.67 Td (Item 5.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 346.67 Td (Other Information) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 332.67 Td (Item 6.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 128.00 332.67 Td (Exhibits) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 318.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.00 318.67 Td () Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 53.00 304.83 Td (Signatur) Tj ET Q q 0 0 1 rg BT 90.05 304.83 Td (e) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.00 304.67 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 288.60 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 539.20 652.67 Td (ii) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 539.50 624.78 Td (1) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 539.50 597.67 Td (1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 539.50 584.67 Td (2) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 539.50 570.67 Td (3) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 539.50 556.67 Td (4) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 539.50 542.67 Td (5) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 539.50 528.67 Td (6) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 539.50 514.67 Td (7) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 500.67 Td (31) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 486.67 Td (45) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 472.67 Td (45) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 444.78 Td (46) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 416.67 Td (46) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 402.67 Td (46) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 388.67 Td (46) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 374.67 Td (46) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 360.67 Td (46) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 346.67 Td (46) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 332.67 Td (47) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 537.00 304.78 Td (48) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 9 0 obj <>] /Rotate 0 /Contents 10 0 R>> endobj 10 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.60 Td (ii) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Cautionary Note on Forward-Looking Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (This Quarterly Report on Form 10-Q contains "forward-looking statements" within the meaning of the Private Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (Litigation Reform ) Tj ET Q q 0 0 0 rg BT 124.43 706.25 Td (Act of 1995, the provisions of Section 27A) Tj ET Q q 0 0 0 rg BT 296.08 706.25 Td ( of the Securities ) Tj ET Q q 0 0 0 rg BT 365.51 706.25 Td (Act of 1933, as amended \(the "Securities ) Tj ET Q q 0 0 0 rg BT 531.22 706.25 Td (Act"\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (and Section 21E of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 226.89 694.25 Td (Act of 1934, as amended \(the "Exchange ) Tj ET Q q 0 0 0 rg BT 392.59 694.25 Td (Act"\). Forward-looking statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (include financial projections, statements of plans and objectives for future operations, statements of future economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (performance, and statements of assumptions relating thereto. Forward-looking statements may appear throughout this report, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (including without limitation, Part I, Item 2, "Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 352.24 658.25 Td (Analysis of Financial Condition and Results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (Operations," and are often identified by future or conditional words such as "will", "plans", "expects", "intends", "believes", ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td ("seeks", "estimates", or "anticipates", or by variations of such words or by similar expressions. ) Tj ET Q q 0 0 0 rg BT 433.40 634.25 Td (There can be no assurances that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (forward-looking statements will be achieved. By their very nature, forward-looking statements involve known and unknown ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (risks, uncertainties, assumptions, and other important factors that could cause our actual results or conditions to dif) Tj ET Q q 0 0 0 rg BT 509.43 610.25 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (materially from those expressed or implied by such forward-looking statements. Important risks, uncertainties, assumptions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (and other factors that could cause our actual results or conditions to dif) Tj ET Q q 0 0 0 rg BT 333.62 586.25 Td (fer materially from our forward-looking statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (include, among others:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 550.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 550.25 Td (uncertainties regarding the impact of general economic conditions in the United States and abroad, particularly in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 538.25 Td (information technology spending and government budgets, on our business;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 517.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 517.25 Td (risks associated with our ability to keep pace with technological changes, evolving industry standards, and customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 505.25 Td (challenges, such as the proliferation and strengthening of encryption, and the transition of portions of the software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 493.25 Td (market to the cloud, to adapt to changing market potential from area to area within our markets, and to successfully ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 481.25 Td (develop, launch, and drive demand for new) Tj ET Q q 0 0 0 rg BT 258.62 481.25 Td (, innovative, high-quality products that meet or exceed customer needs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 469.25 Td (while simultaneously preserving our legacy businesses and migrating away from areas of commoditization;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 448.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 448.25 Td (risks due to aggressive competition in all of our markets, including with respect to maintaining mar) Tj ET Q q 0 0 0 rg BT 482.95 448.25 Td (gins and suf) Tj ET Q q 0 0 0 rg BT 531.10 448.25 Td (ficient ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 436.25 Td (levels of investment in our business;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 415.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 415.25 Td (risks created by the continued consolidation of our competitors or the introduction of lar) Tj ET Q q 0 0 0 rg BT 438.78 415.25 Td (ge competitors in our markets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 403.25 Td (with greater resources than we have;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 382.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 382.25 Td (risks associated with our ability to successfully compete for) Tj ET Q q 0 0 0 rg BT 324.43 382.25 Td (, consummate, and implement mer) Tj ET Q q 0 0 0 rg BT 462.55 382.25 Td (gers and acquisitions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 370.25 Td (including risks associated with valuations, capital constraints, costs and expenses, maintaining profitability levels, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 358.25 Td (expansion into new areas, management distraction, post-acquisition integration activities, and potential asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 346.25 Td (impairments;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 325.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 325.25 Td (risks relating to our ability to ef) Tj ET Q q 0 0 0 rg BT 212.46 325.25 Td (fectively and ef) Tj ET Q q 0 0 0 rg BT 274.47 325.25 Td (ficiently enhance our existing operations and execute on our growth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 313.25 Td (strategy and profitability goals, including managing investments in our business and operations, managing our cloud ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 301.25 Td (transition and our revenue mix, and enhancing and securing our internal and external operations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 280.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 280.25 Td (risks associated with our ability to ef) Tj ET Q q 0 0 0 rg BT 233.01 280.25 Td (fectively and ef) Tj ET Q q 0 0 0 rg BT 295.02 280.25 Td (ficiently allocate limited financial and human resources to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 268.25 Td (business, developmental, strategic, or other opportunities, and risk that such investments may not come to fruition or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 256.25 Td (produce satisfactory returns;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 235.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 235.25 Td (risks that we may be unable to establish and maintain relationships with key resellers, partners, and systems ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 223.25 Td (integrators;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 202.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 202.25 Td (risks associated with our reliance on third-party suppliers, partners, or original equipment manufacturers \("OEMs"\) for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 190.25 Td (certain components, products, or services, including companies that may compete with us or work with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 178.25 Td (competitors;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 157.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 157.25 Td (risks associated with the mishandling or perceived mishandling of sensitive or confidential information and with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 145.25 Td (security vulnerabilities or lapses, including information technology system breaches, failures, or disruptions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 124.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 124.25 Td (risks that our products or services, or those of third-party suppliers, partners, or OEMs which we incorporate into our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 112.25 Td (of) Tj ET Q q 0 0 0 rg BT 94.15 112.25 Td (ferings or otherwise rely on, may contain defects or may be vulnerable to cyber) Tj ET Q q 0 0 0 rg BT 411.61 112.25 Td (-attacks;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 91.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 91.25 Td (risks associated with our significant international operations, including, among others, in Israel, Europe, and ) Tj ET Q q 0 0 0 rg BT 521.18 91.25 Td (Asia, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 79.25 Td (exposure to regions subject to political or economic instability) Tj ET Q q 0 0 0 rg BT 334.74 79.25 Td (, fluctuations in foreign exchange rates, and challenges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 67.25 Td (associated with a significant portion of our cash being held overseas;) Tj ET Q endstream endobj 11 0 obj <>] /Rotate 0 /Contents 12 0 R>> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.80 31.60 Td (iii) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td (risks associated with a significant amount of our business coming from domestic and foreign government customers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 730.10 Td (including the ability to maintain security clearances for applicable projects and reputational risks associated with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td (security solutions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 697.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 697.10 Td (risks associated with complex and changing local and foreign regulatory environments in the jurisdictions in which we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 685.10 Td (operate, including, among others, with respect to privacy) Tj ET Q q 0 0 0 rg BT 313.06 685.10 Td (, information security) Tj ET Q q 0 0 0 rg BT 398.78 685.10 Td (, trade compliance, anti-corruption, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 673.10 Td (regulations related to our security solutions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 652.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 652.10 Td (risks associated with our ability to retain and recruit qualified personnel in regions in which we operate, including in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 640.10 Td (new markets and growth areas we may enter;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 619.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 619.10 Td (challenges associated with selling sophisticated solutions, including with respect to educating our customers on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 607.10 Td (benefits of our solutions or assisting them in realizing such benefits;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 586.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 586.10 Td (challenges associated with pursuing lar) Tj ET Q q 0 0 0 rg BT 242.44 586.10 Td (ger sales opportunities, including with respect to longer sales cycles, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 574.10 Td (transaction reductions, deferrals, or cancellations during the sales cycle, risk of customer concentration, our ability to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 562.10 Td (accurately forecast when a sales opportunity will convert to an order) Tj ET Q q 0 0 0 rg BT 359.38 562.10 Td (, or to forecast revenue and expenses, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 550.10 Td (increased volatility of our operating results from period to period;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 529.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 529.10 Td (risks that our intellectual property rights may not be adequate to protect our business or assets or that others may make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 517.10 Td (claims on our intellectual property or claim infringement on their intellectual property rights;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 496.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 496.10 Td (risks that our customers or partners delay or cancel orders or are unable to honor contractual commitments due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 484.10 Td (liquidity issues, challenges in their business, or otherwise;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 463.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 463.10 Td (risks that we may experience liquidity or working capital issues and related risks that financing sources may be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 451.10 Td (unavailable to us on reasonable terms or at all;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 430.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 430.10 Td (risks associated with significant leverage resulting from our current debt position or our ability to incur additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 418.10 Td (debt, including with respect to liquidity considerations, covenant limitations and compliance, fluctuations in interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 406.10 Td (rates, dilution considerations \(with respect to our convertible notes\), and our ability to maintain our credit ratings;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 385.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 385.10 Td (risks arising as a result of contingent or other obligations or liabilities assumed in our acquisition of our former parent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 373.10 Td (company) Tj ET Q q 0 0 0 rg BT 122.01 373.10 Td (, Comverse ) Tj ET Q q 0 0 0 rg BT 169.87 373.10 Td (T) Tj ET Q q 0 0 0 rg BT 175.28 373.10 Td (echnology) Tj ET Q q 0 0 0 rg BT 216.29 373.10 Td (, Inc. \("CTI"\), or associated with formerly being consolidated with, and part of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 361.10 Td (consolidated tax group with, CTI, or as a result of CTI's former subsidiary) Tj ET Q q 0 0 0 rg BT 382.09 361.10 Td (, Comverse, Inc. \(now known as Mavenir ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 349.10 Td (Inc.\), being unwilling or unable to provide us with certain indemnities or transition services to which we are entitled;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 328.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 328.10 Td (risks relating to the adequacy of our existing infrastructure, systems, processes, policies, procedures, and personnel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 316.10 Td (and our ability to successfully implement and maintain enhancements to the foregoing and adequate systems and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 304.10 Td (internal controls for our current and future operations and reporting needs, including related risks of financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 292.10 Td (statement omissions, misstatements, restatements, or filing delays; and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 271.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 271.10 Td (risks associated with changing accounting principles, tax rates, tax laws and regulations, and the continuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 259.10 Td (availability of expected tax benefits.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (These risks, uncertainties, assumptions, and challenges, as well as other factors, are discussed in greater detail in "Risk Factors" ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (under Item 1A) Tj ET Q q 0 0 0 rg BT 107.76 226.10 Td ( of our ) Tj ET Q q 0 0 0 rg BT 136.37 226.10 Td (Annual Report on Form 10-K for the year ended January 31, 2017. ) Tj ET Q q 0 0 0 rg BT 408.44 226.10 Td (Y) Tj ET Q q 0 0 0 rg BT 414.66 226.10 Td (ou are cautioned not to place undue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (reliance on forward-looking statements, which reflect our management) Tj ET Q q 0 0 0 rg BT 336.56 214.10 Td (s view only as of the date of this report. ) Tj ET Q q 0 0 0 rg BT 499.67 214.10 Td (W) Tj ET Q q 0 0 0 rg BT 508.31 214.10 Td (e make no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (such statement is made, except as otherwise required under the federal securities laws. If we were in any particular instance to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (update or correct a forward-looking statement, investors and others should not conclude that we would make additional updates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (or corrections thereafter except as otherwise required under the federal securities laws.) Tj ET Q endstream endobj 13 0 obj <><><><><><><><><><><><><><>] /Rotate 0 /Contents 14 0 R>> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Part I) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Item 1. ) Tj ET Q q 0 0 0 rg BT 86.00 718.25 Td (Financial Statements) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 641.75 483.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 532.50 641.75 29.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 611.75 483.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 532.50 611.75 29.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 581.75 483.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 532.50 581.75 29.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 542.75 483.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 532.50 542.75 29.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 641.75 m 532.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 641.75 m 561.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 626.75 m 561.5 626.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 201.00 661.43 Td (VERINT SYSTEMS INC. AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 159.95 646.43 Td (Index to Condensed Consolidated Financial Statements \(Unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.20 631.43 Td (Page) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 52.00 601.42 Td (Condensed Consolidated Balance Sheets as of ) Tj ET Q q 0 0 1 rg BT 238.63 601.42 Td (April 30, 2017 and January 31, 2017) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 52.00 587.32 Td (Condensed Consolidated Statements of Operations for the ) Tj ET Q q 0 0 1 rg BT 286.50 587.32 Td (Three Months Ended ) Tj ET Q q 0 0 1 rg BT 372.87 587.32 Td (April 30, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 52.00 572.32 Td (Condensed Consolidated Statements of Comprehensive \(Loss\) Income for the ) Tj ET Q q 0 0 1 rg BT 365.92 572.32 Td (Three Months Ended ) Tj ET Q q 0 0 1 rg BT 452.29 572.32 Td (April 30, 2017 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 1 rg BT 52.00 562.32 Td (2016) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 52.00 548.32 Td (Condensed Consolidated Statements of Stockholders) Tj ET Q q 0 0 1 rg BT 266.23 548.32 Td ( Equity for the ) Tj ET Q q 0 0 1 rg BT 326.59 548.32 Td (Three Months Ended ) Tj ET Q q 0 0 1 rg BT 412.96 548.32 Td (April 30, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 511.01 548.32 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 52.00 532.42 Td (Condensed Consolidated Statements of Cash Flows for the ) Tj ET Q q 0 0 1 rg BT 289.57 532.42 Td (Three Months Ended ) Tj ET Q q 0 0 1 rg BT 375.95 532.42 Td (April 30, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 52.00 517.42 Td (Notes to Condensed Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 544.00 601.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 544.00 586.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 544.00 572.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 544.00 547.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 544.00 532.42 Td (6) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 544.00 517.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 15 0 obj <>] /Rotate 0 /Contents 16 0 R>> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.40 742.95 Td (VERINT) Tj ET Q q 0 0 0 rg BT 247.24 742.95 Td ( SYSTEMS INC. ) Tj ET Q q 0 0 0 rg BT 314.27 742.95 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.60 732.15 Td (Condensed Consolidated Balance Sheets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 282.70 721.35 Td (\(Unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 686.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 686.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 686.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 686.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 686.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 662.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 662.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 662.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 662.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 662.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 638.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 638.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 638.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 638.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 638.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 606.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 606.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 606.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 606.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 606.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 582.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 582.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 582.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 582.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 582.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 558.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 558.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 558.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 558.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 558.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 534.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 534.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 534.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 534.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 534.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 510.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 510.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 510.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 510.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 510.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 486.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 486.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 486.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 486.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 486.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 462.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 462.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 462.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 462.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 462.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 438.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 438.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 438.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 438.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 438.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 414.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 414.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 414.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 414.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 414.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 390.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 390.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 390.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 390.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 390.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 366.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 366.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 366.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 366.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 366.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 342.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 342.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 342.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 342.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 342.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 318.85 374.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 318.85 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 318.85 65.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 318.85 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 318.85 65.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 263.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 263.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 263.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 263.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 263.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 239.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 239.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 239.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 239.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 239.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 215.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 215.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 215.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 215.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 215.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 191.85 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 191.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 191.85 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 191.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 191.85 65.00 -12.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 686.85 m 423.5 686.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 686.85 m 492.5 686.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 686.85 m 561.5 686.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 570.85 m 492.5 570.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 570.85 m 561.5 570.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 558.85 m 492.5 558.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 558.85 m 561.5 558.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 486.85 m 492.5 486.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 486.85 m 561.5 486.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 486.85 m 492.5 486.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 475.85 m 492.5 475.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 473.85 m 492.5 473.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 486.85 m 561.5 486.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 475.85 m 561.5 475.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 473.85 m 561.5 473.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 402.85 m 492.5 402.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 402.85 m 561.5 402.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 390.85 m 492.5 390.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 390.85 m 561.5 390.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 354.85 m 492.5 354.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 354.85 m 561.5 354.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 342.85 m 492.5 342.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 342.85 m 561.5 342.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 342.85 m 492.5 342.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 342.85 m 561.5 342.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 215.85000000000002 m 492.5 215.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 215.85000000000002 m 561.5 215.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 191.85000000000002 m 492.5 191.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 191.85000000000002 m 561.5 191.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 179.85000000000002 m 492.5 179.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 179.85000000000002 m 561.5 179.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 179.85000000000002 m 492.5 179.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 168.85000000000002 m 492.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 166.85000000000002 m 492.5 166.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 179.85000000000002 m 561.5 179.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 168.85000000000002 m 561.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 166.85000000000002 m 561.5 166.85000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.45 702.25 Td (April 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 505.70 702.25 Td (January 31,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 690.11 Td (\(in thousands, except share and per share data\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 690.25 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.50 690.25 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 678.25 Td (Assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.00 678.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.00 678.11 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 666.25 Td (Current Assets:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.00 666.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.00 666.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 654.11 Td (Cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.00 654.11 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 654.11 Td (340,091) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 654.11 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 654.11 Td (307,363) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 642.11 Td (Restricted cash and bank time deposits) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.25 642.11 Td (12,623) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 642.11 Td (9,198) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 630.11 Td (Short-term investments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 468.75 630.11 Td (4,533) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 630.11 Td (3,184) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 618.11 Td (Accounts receivable, net of allowance for doubtful accounts of $1.9 million and $1.8 million,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 609.16 Td (respectively) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 611.31 Td (265,180) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 611.31 Td (266,590) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 598.11 Td (Inventories) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.25 598.11 Td (18,149) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 598.11 Td (17,537) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 586.11 Td (Deferred cost of revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 468.75 586.11 Td (3,227) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 586.11 Td (3,621) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 574.11 Td (Prepaid expenses and other current assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.25 574.11 Td (66,652) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 574.11 Td (64,561) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 562.25 Td ( Total current assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.75 562.25 Td (710,455) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 562.25 Td (672,054) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 550.11 Td (Property and equipment, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.25 550.11 Td (78,674) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 550.11 Td (77,551) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 538.11 Td (Goodwill) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.00 538.11 Td (1,281,288) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.00 538.11 Td (1,264,818) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 526.11 Td (Intangible assets, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 526.11 Td (224,570) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 526.11 Td (235,259) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 514.11 Td (Capitalized software development costs, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 468.75 514.11 Td (8,877) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 514.11 Td (9,509) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 502.11 Td (Long-term deferred cost of revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 468.75 502.11 Td (4,880) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 502.11 Td (5,463) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 490.11 Td (Other assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.25 490.11 Td (90,778) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 490.11 Td (98,130) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 478.25 Td ( Total assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.00 478.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 478.25 Td (2,399,522) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.00 478.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.00 478.25 Td (2,362,784) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 454.25 Td (Liabilities and Stockholders' Equity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.00 454.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.00 454.11 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 442.25 Td (Current Liabilities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.00 442.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.00 442.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 430.11 Td (Accounts payable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.00 430.11 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.25 430.11 Td (64,952) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 430.11 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 430.11 Td (62,049) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 418.11 Td (Accrued expenses and other current liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 418.11 Td (221,939) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 418.11 Td (217,835) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 406.11 Td (Deferred revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 406.11 Td (202,162) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 406.11 Td (182,515) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.00 394.25 Td ( Total current liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.75 394.25 Td (489,053) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 394.25 Td (462,399) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 382.11 Td (Long-term debt) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 382.11 Td (746,312) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 382.11 Td (744,260) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 370.11 Td (Long-term deferred revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.25 370.11 Td (19,904) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 370.11 Td (20,912) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 358.11 Td (Other liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 358.11 Td (121,181) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 358.11 Td (120,173) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.00 346.25 Td ( Total liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 346.25 Td (1,376,450) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.00 346.25 Td (1,347,744) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 334.25 Td (Commitments and Contingencies) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 322.25 Td (Stockholders' Equity:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.00 322.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.00 322.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 309.31 Td (Preferred stock - $0.001 par value; authorized 2,207,000 shares at April 30, 2017 and January 31,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 300.31 Td (2017, respectively; none issued.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.00 300.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.00 300.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 286.31 Td (Common stock - $0.001 par value; authorized 120,000,000 shares. Issued 64,329,000 and 64,073,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 277.31 Td (shares; outstanding 62,675,000 and 62,419,000 shares at April 30, 2017 and January 31, 2017,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 268.31 Td (respectively.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.00 268.31 Td (64) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.00 268.31 Td (64) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 255.11 Td (Additional paid-in capital) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.00 255.11 Td (1,462,778) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.00 255.11 Td (1,449,335) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 243.11 Td (Treasury stock, at cost - 1,654,000 shares at April 30, 2017 and January 31, 2017, respectively.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.25 243.11 Td (\(57,147) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.00 243.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 243.11 Td (\(57,147) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.00 243.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 231.11 Td (Accumulated deficit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.75 231.11 Td (\(251,471) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.00 231.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 231.11 Td (\(230,816) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.00 231.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 219.11 Td (Accumulated other comprehensive loss) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.75 219.11 Td (\(142,518) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.00 219.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 219.11 Td (\(154,856) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.00 219.11 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 207.25 Td (Total Verint Systems Inc. stockholders' equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 207.25 Td (1,011,706) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.00 207.25 Td (1,006,580) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 195.11 Td (Noncontrolling interests) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.25 195.11 Td (11,366) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 195.11 Td (8,460) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.00 183.25 Td ( Total stockholders' equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 183.25 Td (1,023,072) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.00 183.25 Td (1,015,040) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.00 171.25 Td ( Total liabilities and stockholders' equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.00 171.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 171.25 Td (2,399,522) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.00 171.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.00 171.25 Td (2,362,784) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 145.55 Td (See notes to condensed consolidated financial statements.) Tj ET Q endstream endobj 17 0 obj <>] /Rotate 0 /Contents 18 0 R>> endobj 18 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.40 742.95 Td (VERINT) Tj ET Q q 0 0 0 rg BT 247.24 742.95 Td ( SYSTEMS INC. ) Tj ET Q q 0 0 0 rg BT 314.27 742.95 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 208.45 732.15 Td (Condensed Consolidated Statements of Operations) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 282.70 721.35 Td (\(Unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 665.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 665.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 665.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 665.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 665.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 641.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 641.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 641.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 641.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 641.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 617.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 617.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 617.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 617.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 617.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 593.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 593.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 593.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 593.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 593.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 569.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 569.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 569.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 569.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 569.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 545.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 545.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 545.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 545.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 545.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 521.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 521.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 521.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 521.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 521.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 497.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 497.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 497.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 497.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 497.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 473.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 473.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 473.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 473.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 473.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 449.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 449.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 449.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 449.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 449.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 425.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 425.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 425.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 425.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 425.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 401.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 401.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 401.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 401.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 401.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 377.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 377.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 377.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 377.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 377.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 353.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 353.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 353.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 353.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 353.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 327.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 327.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 327.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 327.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 327.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 303.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 303.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 303.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 303.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 303.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 279.05 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 279.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 279.05 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 279.05 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 279.05 65.00 -12.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 677.05 m 493.5 677.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 677.05 m 497.5 677.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 677.05 m 562.5 677.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 665.05 m 424.5 665.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 665.05 m 493.5 665.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 665.05 m 562.5 665.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 629.05 m 493.5 629.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 629.05 m 562.5 629.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 629.05 m 493.5 629.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 617.05 m 493.5 617.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 629.05 m 562.5 629.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 617.05 m 562.5 617.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 569.05 m 493.5 569.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 569.05 m 562.5 569.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 569.05 m 493.5 569.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 557.05 m 493.5 557.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 569.05 m 562.5 569.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 557.05 m 562.5 557.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 545.05 m 493.5 545.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 545.05 m 562.5 545.05 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 497.04999999999995 m 493.5 497.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 497.04999999999995 m 562.5 497.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 485.04999999999995 m 493.5 485.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 485.04999999999995 m 562.5 485.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 473.04999999999995 m 493.5 473.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 473.04999999999995 m 562.5 473.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 425.04999999999995 m 493.5 425.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 425.04999999999995 m 562.5 425.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 413.04999999999995 m 493.5 413.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 413.04999999999995 m 562.5 413.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 413.04999999999995 m 493.5 413.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 413.04999999999995 m 562.5 413.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 389.04999999999995 m 493.5 389.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 389.04999999999995 m 562.5 389.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 365.04999999999995 m 493.5 365.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 365.04999999999995 m 562.5 365.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 354.04999999999995 m 493.5 354.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 352.04999999999995 m 493.5 352.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 365.04999999999995 m 562.5 365.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 354.04999999999995 m 562.5 354.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 352.04999999999995 m 562.5 352.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 316.04999999999995 m 493.5 316.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 314.04999999999995 m 493.5 314.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 316.04999999999995 m 562.5 316.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 314.04999999999995 m 562.5 314.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 304.04999999999995 m 493.5 304.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 302.04999999999995 m 493.5 302.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 304.04999999999995 m 562.5 304.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 302.04999999999995 m 562.5 302.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 268.04999999999995 m 493.5 268.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 266.04999999999995 m 493.5 266.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 268.04999999999995 m 562.5 268.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 266.04999999999995 m 562.5 266.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 256.04999999999995 m 493.5 256.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 254.04999999999995 m 493.5 254.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 256.04999999999995 m 562.5 256.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 254.04999999999995 m 562.5 254.04999999999995 l s BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 681.51 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.05 690.50 Td (Three Months Ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.95 681.50 Td (April 30,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 668.31 Td (\(in thousands, except per share data\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.50 668.45 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.50 668.45 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 656.45 Td (Revenue:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 656.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 656.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 644.31 Td (Product) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.00 644.31 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 465.25 644.31 Td (89,817) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.00 644.31 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 644.31 Td (75,712) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 632.31 Td (Service and support) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.75 632.31 Td (171,178) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.75 632.31 Td (169,712) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 620.45 Td ( Total revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 620.45 Td (260,995) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.75 620.45 Td (245,424) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 608.45 Td (Cost of revenue:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 608.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 608.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 596.31 Td (Product) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 465.25 596.31 Td (33,924) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 596.31 Td (26,383) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 584.31 Td (Service and support) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 465.25 584.31 Td (67,345) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 584.31 Td (65,131) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 572.31 Td (Amortization of acquired technology) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.75 572.31 Td (9,534) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 572.31 Td (9,180) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 560.45 Td ( Total cost of revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 560.45 Td (110,803) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.75 560.45 Td (100,694) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 548.45 Td (Gross profit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 548.45 Td (150,192) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.75 548.45 Td (144,730) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 536.45 Td (Operating expenses:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 536.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 536.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 524.31 Td (Research and development, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 465.25 524.31 Td (46,233) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 524.31 Td (44,720) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 512.31 Td (Selling, general and administrative) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.75 512.31 Td (101,807) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.75 512.31 Td (100,035) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 500.31 Td (Amortization of other acquired intangible assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 465.25 500.31 Td (11,537) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 500.31 Td (11,266) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 488.45 Td ( Total operating expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 488.45 Td (159,577) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.75 488.45 Td (156,021) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 476.45 Td (Operating loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.75 476.45 Td (\(9,385) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 476.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.25 476.45 Td (\(11,291) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 476.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 464.45 Td (Other income \(expense\), net:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 464.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 464.31 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 452.31 Td (Interest income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.50 452.31 Td (330) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 452.31 Td (153) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 440.31 Td (Interest expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.75 440.31 Td (\(8,988) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 440.31 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.75 440.31 Td (\(8,544) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 440.31 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 428.31 Td (Other \(expense\) income, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.75 428.31 Td (\(1,889) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 428.31 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 428.31 Td (3,819) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 416.45 Td ( Total other expense, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 416.45 Td (\(10,547) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 416.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 535.75 416.45 Td (\(4,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 416.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 404.45 Td (Loss befor) Tj ET Q q 0 0 0 rg BT 93.09 404.45 Td (e \(benefit\) pr) Tj ET Q q 0 0 0 rg BT 142.91 404.45 Td (ovision for) Tj ET Q q 0 0 0 rg BT 183.50 404.45 Td ( income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 404.45 Td (\(19,932) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 404.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.25 404.45 Td (\(15,863) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 404.45 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 392.31 Td (\(Benefit\) provision for income taxes) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.50 392.31 Td (\(892) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 392.31 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 392.31 Td (330) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 380.45 Td (Net loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 380.45 Td (\(19,040) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 380.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.25 380.45 Td (\(16,193) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 380.45 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 368.31 Td (Net income attributable to noncontrolling interests) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.50 368.31 Td (746) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 368.31 Td (1,263) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 356.45 Td (Net loss attributable to ) Tj ET Q q 0 0 0 rg BT 142.83 356.45 Td (V) Tj ET Q q 0 0 0 rg BT 148.50 356.45 Td (erint Systems Inc.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 356.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 356.45 Td (\(19,786) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 356.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.00 356.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.25 356.45 Td (\(17,456) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 356.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 331.50 Td (Net loss per common share attributable to Verint Systems Inc.:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 331.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 331.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 318.45 Td (Basic) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 318.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.25 318.45 Td (\(0.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 318.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.00 318.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.25 318.45 Td (\(0.28) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 318.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 306.45 Td (Diluted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 306.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.25 306.45 Td (\(0.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 306.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.00 306.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.25 306.45 Td (\(0.28) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 306.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 282.45 Td (Weighted-average common shares outstanding:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 282.45 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 282.45 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 270.45 Td (Basic) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.25 270.45 Td (62,485) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.25 270.45 Td (62,258) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 258.45 Td (Diluted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.25 258.45 Td (62,485) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.25 258.45 Td (62,258) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.55 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 232.75 Td (See notes to condensed consolidated financial statements.) Tj ET Q endstream endobj 19 0 obj <>] /Rotate 0 /Contents 20 0 R>> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.40 742.95 Td (VERINT) Tj ET Q q 0 0 0 rg BT 247.24 742.95 Td ( SYSTEMS INC. ) Tj ET Q q 0 0 0 rg BT 314.27 742.95 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 171.80 732.15 Td (Condensed Consolidated Statements of Compr) Tj ET Q q 0 0 0 rg BT 351.15 732.15 Td (ehensive \(Loss\) Income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 282.70 720.15 Td (\(Unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.21 720.15 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 673.65 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 673.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 673.65 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 673.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 673.65 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 649.65 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 649.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 649.65 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 649.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 649.65 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 625.65 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 625.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 625.65 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 625.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 625.65 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 601.65 374.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 601.65 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 601.65 65.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 601.65 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 601.65 65.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 566.65 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 566.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 566.65 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 566.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 566.65 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 542.65 374.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 542.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 542.65 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 542.65 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 542.65 65.00 -12.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 686.65 m 493.5 686.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 686.65 m 497.5 686.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 686.65 m 562.5 686.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 673.65 m 424.5 673.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 673.65 m 493.5 673.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 673.65 m 562.5 673.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 661.65 m 493.5 661.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 661.65 m 562.5 661.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 578.65 m 493.5 578.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 578.65 m 562.5 578.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 566.65 m 493.5 566.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 566.65 m 562.5 566.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 554.65 m 493.5 554.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 554.65 m 562.5 554.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 542.65 m 493.5 542.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 542.65 m 562.5 542.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 542.65 m 493.5 542.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 531.65 m 493.5 531.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 529.65 m 493.5 529.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 542.65 m 562.5 542.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 531.65 m 562.5 531.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 529.65 m 562.5 529.65 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 691.10 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.05 700.10 Td (Three Months Ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.95 691.10 Td (April 30,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 677.91 Td (\(inthousands\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.50 678.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.50 678.05 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 665.05 Td (Net loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 665.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 665.05 Td (\(19,040) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 665.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.00 665.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.25 665.05 Td (\(16,193) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 665.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 653.05 Td (Other) Tj ET Q q 0 0 0 rg BT 75.83 653.05 Td ( compr) Tj ET Q q 0 0 0 rg BT 102.91 653.05 Td (ehensive income, net of r) Tj ET Q q 0 0 0 rg BT 197.47 653.05 Td (eclassification adjustments:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 653.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 653.05 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 640.91 Td (Foreign currency translation adjustments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.75 640.91 Td (9,673) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 640.91 Td (13,531) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 628.91 Td (Net unrealized gains on available-for-sale securities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.00 628.91 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 628.91 Td (105) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 616.91 Td (Net unrealized gains on foreign exchange contracts designated as hedges) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.75 616.91 Td (3,250) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 616.91 Td (4,788) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 604.91 Td (Net unrealized losses on interest rate swap designated as a hedge) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.00 604.91 Td (\(33) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 604.91 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 604.91 Td (\(429) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 604.91 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 592.11 Td (Provision for income taxes on net unrealized gains \(losses\) on foreign exchange contracts and interest) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.00 583.11 Td (rate swap designated as hedges) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.50 583.11 Td (\(326) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 583.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 583.11 Td (\(536) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 583.11 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 570.05 Td (Other) Tj ET Q q 0 0 0 rg BT 75.83 570.05 Td ( compr) Tj ET Q q 0 0 0 rg BT 102.91 570.05 Td (ehensive income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.25 570.05 Td (12,564) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.25 570.05 Td (17,459) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 558.05 Td (Compr) Tj ET Q q 0 0 0 rg BT 80.33 558.05 Td (ehensive \(loss\) income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.75 558.05 Td (\(6,476) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 558.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 538.75 558.05 Td (1,266) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 545.91 Td (Comprehensive income attributable to noncontrolling interests) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.50 545.91 Td (972) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 545.91 Td (1,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 534.05 Td (Compr) Tj ET Q q 0 0 0 rg BT 80.33 534.05 Td (ehensive loss attributable to ) Tj ET Q q 0 0 0 rg BT 189.17 534.05 Td (V) Tj ET Q q 0 0 0 rg BT 194.84 534.05 Td (erint Systems Inc.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 534.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.75 534.05 Td (\(7,448) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 534.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.00 534.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 542.50 534.05 Td (\(296) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 534.05 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.15 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 508.35 Td (See notes to condensed consolidated financial statements.) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 214.40 742.95 Td (VERINT) Tj ET Q q 0 0 0 rg BT 249.24 742.95 Td ( SYSTEMS INC. ) Tj ET Q q 0 0 0 rg BT 316.27 742.95 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 191.65 732.15 Td (Condensed Consolidated Statements of Stockholders) Tj ET Q q 0 0 0 rg BT 396.00 732.15 Td ( Equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.70 721.35 Td (\(Unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 657.85 115.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 657.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 657.85 30.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 657.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 657.85 25.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 657.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 657.85 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 657.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 657.85 34.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 657.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 657.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 657.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 657.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 657.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 657.85 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 657.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 657.85 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 657.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 657.85 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 631.85 115.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 631.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 631.85 30.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 631.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 631.85 25.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 631.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 631.85 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 631.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 631.85 34.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 631.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 631.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 631.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 631.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 631.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 631.85 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 631.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 631.85 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 631.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 631.85 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 597.85 115.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 597.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 597.85 30.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 597.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 597.85 25.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 597.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 597.85 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 597.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 597.85 34.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 597.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 597.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 597.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 597.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 597.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 597.85 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 597.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 597.85 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 597.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 597.85 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 563.85 115.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 563.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 563.85 30.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 563.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 563.85 25.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 563.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 563.85 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 563.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 563.85 34.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 563.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 563.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 563.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 563.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 563.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 563.85 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 563.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 563.85 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 563.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 563.85 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 529.85 115.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 529.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 529.85 30.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 529.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 529.85 25.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 529.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 529.85 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 529.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 529.85 34.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 529.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 529.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 529.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 529.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 529.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 529.85 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 529.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 529.85 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 529.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 529.85 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 503.85 115.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 503.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 503.85 30.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 503.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 503.85 25.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 503.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 503.85 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 503.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 503.85 34.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 503.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 503.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 503.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 503.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 503.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 503.85 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 503.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 503.85 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 503.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 503.85 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 477.85 115.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 477.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 477.85 30.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 477.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 477.85 25.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 477.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 477.85 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 477.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 477.85 34.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 477.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 477.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 477.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 477.85 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 477.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 477.85 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 477.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 477.85 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 477.85 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 477.85 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 443.85 115.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 443.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 443.85 30.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 443.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 443.85 25.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 443.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 443.85 41.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 443.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 443.85 34.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 443.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 443.85 46.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 443.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 443.85 46.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 443.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 443.85 48.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 443.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 443.85 40.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 443.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 443.85 47.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 401.85 115.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 401.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 401.85 30.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 401.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 401.85 25.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 401.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 401.85 41.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 401.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 401.85 34.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 401.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 401.85 46.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 401.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 401.85 46.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 401.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 401.85 48.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 401.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 401.85 40.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 401.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 401.85 47.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 359.85 115.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 168.50 359.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 359.85 30.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 359.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 359.85 25.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 231.50 359.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 359.85 41.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 359.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 359.85 34.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 359.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 359.85 46.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 359.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 359.85 46.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 359.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 359.85 48.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 359.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 359.85 40.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 359.85 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 359.85 47.00 -21.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 697.85 m 202.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 697.85 m 206.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 697.85 m 231.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231.5 697.85 m 235.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 697.85 m 276.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 697.85 m 280.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 697.85 m 314.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 697.85 m 318.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 697.85 m 364.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 697.85 m 368.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 697.85 m 414.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 697.85 m 418.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 697.85 m 466.5 697.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 683.85 m 202.5 683.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 683.85 m 206.5 683.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 683.85 m 231.5 683.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 657.85 m 168.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 657.85 m 202.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 657.85 m 231.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 657.85 m 276.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 657.85 m 314.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 657.85 m 364.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 657.85 m 414.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 657.85 m 466.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 657.85 m 510.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 657.85 m 561.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 657.85 m 202.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 657.85 m 231.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 657.85 m 276.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 657.85 m 314.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 657.85 m 364.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 657.85 m 414.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 657.85 m 466.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 657.85 m 510.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 657.85 m 561.5 657.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 529.85 m 202.5 529.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 517.85 m 202.5 517.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 515.85 m 202.5 515.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 529.85 m 231.5 529.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 517.85 m 231.5 517.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 515.85 m 231.5 515.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 529.85 m 276.5 529.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 517.85 m 276.5 517.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 515.85 m 276.5 515.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 529.85 m 314.5 529.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 517.85 m 314.5 517.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 515.85 m 314.5 515.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 529.85 m 364.5 529.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 517.85 m 364.5 517.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 515.85 m 364.5 515.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 529.85 m 414.5 529.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 517.85 m 414.5 517.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 515.85 m 414.5 515.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 529.85 m 466.5 529.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 517.85 m 466.5 517.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 515.85 m 466.5 515.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 529.85 m 510.5 529.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 517.85 m 510.5 517.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 515.85 m 510.5 515.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 529.85 m 561.5 529.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 517.85 m 561.5 517.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 515.85 m 561.5 515.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 338.85 m 202.5 338.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 326.85 m 202.5 326.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 324.85 m 202.5 324.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 338.85 m 231.5 338.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 326.85 m 231.5 326.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 324.85 m 231.5 324.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 338.85 m 276.5 338.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 326.85 m 276.5 326.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 324.85 m 276.5 324.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 338.85 m 314.5 338.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 326.85 m 314.5 326.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 324.85 m 314.5 324.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 338.85 m 364.5 338.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 326.85 m 364.5 326.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 324.85 m 364.5 324.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 338.85 m 414.5 338.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 326.85 m 414.5 326.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 324.85 m 414.5 324.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 338.85 m 466.5 338.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 326.85 m 466.5 326.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 324.85 m 466.5 324.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 338.85 m 510.5 338.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 326.85 m 510.5 326.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 324.85 m 510.5 324.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 338.85 m 561.5 338.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 326.85 m 561.5 326.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 324.85 m 561.5 324.85 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.00 702.08 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.10 702.08 Td (VerintSystemsInc.StockholdersEquity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.00 702.08 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 537.50 702.08 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.00 688.08 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 178.45 687.91 Td (CommonStock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 239.55 675.91 Td (Additional) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 244.60 668.91 Td (Paid-in) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 244.40 661.91 Td (Capital) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 297.00 687.91 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 341.00 687.91 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 371.15 682.91 Td (Accumulated ) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 382.10 675.91 Td (Other) Tj ET Q q 0 0 0 rg BT 399.86 675.91 Td ( ) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 371.05 668.91 Td (Compr) Tj ET Q q 0 0 0 rg BT 389.27 668.91 Td (ehensive) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 410.94 668.91 Td ( ) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 384.15 661.91 Td (Loss) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 424.10 682.91 Td (TotalVerint) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 423.30 675.91 Td (SystemsInc.) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 421.55 668.91 Td (Stockholders') Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 431.85 661.91 Td (Equity) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 490.00 687.91 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 529.80 675.91 Td (Total) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 517.05 668.91 Td (Stockholders') Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 527.35 661.91 Td (Equity) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 662.10 Td (\(inthousands\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 176.95 661.91 Td (Shares) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 213.10 668.91 Td (Par) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 210.05 661.91 Td (V) Tj ET Q q 0 0 0 rg BT 214.46 661.91 Td (alue) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 283.50 668.91 Td (T) Tj ET Q q 0 0 0 rg BT 287.65 668.91 Td (r) Tj ET Q q 0 0 0 rg BT 290.63 668.91 Td (easury) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 288.60 661.91 Td (Stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 321.15 668.91 Td (Accumulated) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 331.05 661.91 Td (Deficit) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 482.60 675.91 Td (Non-) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 473.70 668.91 Td (contr) Tj ET Q q 0 0 0 rg BT 489.51 668.91 Td (olling) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 477.00 661.91 Td (Inter) Tj ET Q q 0 0 0 rg BT 492.04 661.91 Td (ests) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.00 649.08 Td (Balances at January 31, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 177.30 649.08 Td (62,266) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 209.00 649.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 220.30 649.08 Td (63) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.00 649.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 241.25 649.08 Td (1,387,955) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.00 649.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.60 649.08 Td (\(10,251) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.30 649.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.00 649.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.60 649.08 Td (\(201,436) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.30 649.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 649.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.60 649.08 Td (\(116,194) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.30 649.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.00 649.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.25 649.08 Td (1,060,137) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 649.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.25 649.08 Td (8,027) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.00 649.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.25 649.08 Td (1,068,164) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 636.10 Td (Net \(loss\) income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 636.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 636.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 636.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 636.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 336.60 636.10 Td (\(17,456) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.30 636.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 636.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 636.10 Td (\(17,456) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 636.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.25 636.10 Td (1,263) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.60 636.08 Td (\(16,193) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.30 636.08 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 623.10 Td (Other comprehensive income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 623.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 623.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 623.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 623.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 623.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.25 623.10 Td (17,160) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.25 623.10 Td (17,160) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.25 623.10 Td (299) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 536.25 623.08 Td (17,459) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 610.10 Td (Stock-based compensation -) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 602.10 Td (equity-classified awards) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 602.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 602.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 251.25 602.10 Td (13,966) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 602.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 602.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 602.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.25 602.10 Td (13,966) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.25 602.10 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 536.25 602.08 Td (13,966) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 589.10 Td (Exercises of stock options) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 589.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 589.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 269.30 589.10 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 589.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 589.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 589.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 459.30 589.10 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.25 589.10 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.30 589.08 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 576.10 Td (Common stock issued for stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 568.10 Td (awards and stock bonuses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 187.30 568.10 Td (432) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 568.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 568.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 568.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 568.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 568.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 568.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.25 568.10 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.30 568.08 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 555.10 Td (Purchases of treasury stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 184.60 555.10 Td (\(500) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 199.30 555.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 555.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 555.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 286.60 555.10 Td (\(17,162) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 311.30 555.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 555.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 555.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 555.10 Td (\(17,162) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 555.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.25 555.10 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.60 555.08 Td (\(17,162) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.30 555.08 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 542.10 Td (Tax effects from stock award) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 534.10 Td (plans) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 534.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 534.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 262.60 534.10 Td (\(25) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 273.30 534.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 534.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 534.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 534.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.60 534.10 Td (\(25) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 534.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.25 534.10 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 547.60 534.08 Td (\(25) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.30 534.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.00 521.08 Td (Balances at April 30, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 177.30 521.08 Td (62,198) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 209.00 521.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 220.30 521.08 Td (63) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.00 521.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 241.25 521.08 Td (1,401,897) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.00 521.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.60 521.08 Td (\(27,413) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.30 521.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.00 521.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.60 521.08 Td (\(218,892) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.30 521.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 521.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.60 521.08 Td (\(99,034) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.30 521.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.00 521.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.25 521.08 Td (1,056,621) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 521.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.25 521.08 Td (9,589) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.00 521.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.25 521.08 Td (1,066,210) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.00 495.08 Td (Balances at January 31, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 177.30 495.08 Td (62,419) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 209.00 495.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 220.30 495.08 Td (64) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.00 495.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 241.25 495.08 Td (1,449,335) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.00 495.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.60 495.08 Td (\(57,147) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.30 495.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.00 495.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.60 495.08 Td (\(230,816) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.30 495.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 495.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.60 495.08 Td (\(154,856) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.30 495.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.00 495.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.25 495.08 Td (1,006,580) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 495.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.25 495.08 Td (8,460) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.00 495.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.25 495.08 Td (1,015,040) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 482.10 Td (Net \(loss\) income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 482.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 482.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 482.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 482.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 336.60 482.10 Td (\(19,786) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.30 482.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 482.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 482.10 Td (\(19,786) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 482.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.25 482.10 Td (746) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.60 482.08 Td (\(19,040) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.30 482.08 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 469.10 Td (Other comprehensive income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 469.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 469.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 469.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 469.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 469.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.25 469.10 Td (12,338) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.25 469.10 Td (12,338) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.25 469.10 Td (226) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 536.25 469.08 Td (12,564) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 456.10 Td (Stock-based compensation -) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 448.10 Td (equity-classified awards) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 448.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 448.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 251.25 448.10 Td (13,443) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 448.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 448.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 448.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.25 448.10 Td (13,443) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.25 448.10 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 536.25 448.08 Td (13,443) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 435.10 Td (Common stock issued for stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 427.10 Td (awards and stock bonuses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 187.30 427.10 Td (256) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 427.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 427.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 427.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 427.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 427.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 427.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.25 427.10 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.30 427.08 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 414.10 Td (Initial noncontrolling interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 406.10 Td (related to business combination) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 406.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 406.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 406.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 406.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 406.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 406.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 406.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.25 406.10 Td (2,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 540.25 406.08 Td (2,300) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 393.10 Td (Capital contribution by) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 385.10 Td (noncontrolling interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 385.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 385.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 385.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 385.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 385.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 385.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 385.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.25 385.10 Td (350) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.30 385.08 Td (350) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 372.10 Td (Dividends to noncontrolling) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 364.10 Td (interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 364.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 364.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 364.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 364.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.30 364.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 364.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 364.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 492.60 364.10 Td (\(716) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 507.30 364.10 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 543.60 364.08 Td (\(716) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.30 364.08 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 351.10 Td (Cumulative effect from adoption) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.00 343.10 Td (of ASU No. 2016-16) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 191.30 343.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.30 343.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.30 343.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.30 343.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 346.60 343.10 Td (\(869) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.30 343.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 343.10 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 448.60 343.10 Td (\(869) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 343.10 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.25 343.10 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 543.60 343.08 Td (\(869) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.30 343.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.00 330.08 Td (Balances at April 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 177.30 330.08 Td (62,675) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 209.00 330.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 220.30 330.08 Td (64) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.00 330.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 241.25 330.08 Td (1,462,778) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.00 330.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.60 330.08 Td (\(57,147) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.30 330.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.00 330.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.60 330.08 Td (\(251,471) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.30 330.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 330.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.60 330.08 Td (\(142,518) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.30 330.08 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.00 330.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.25 330.08 Td (1,011,706) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 330.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.25 330.08 Td (11,366) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.00 330.08 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.25 330.08 Td (1,023,072) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 314.35 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 54.00 304.75 Td (See notes to condensed consolidated financial statements.) Tj ET Q endstream endobj 23 0 obj <>] /Rotate 0 /Contents 24 0 R>> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.40 742.95 Td (VERINT) Tj ET Q q 0 0 0 rg BT 247.24 742.95 Td ( SYSTEMS INC. ) Tj ET Q q 0 0 0 rg BT 314.27 742.95 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 207.85 732.15 Td (Condensed Consolidated Statements of Cash Flows) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 282.70 721.35 Td (\(Unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 673.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 673.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 673.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 673.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 673.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 649.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 649.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 649.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 649.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 649.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 625.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 625.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 625.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 625.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 625.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 601.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 601.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 601.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 601.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 601.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 577.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 577.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 577.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 577.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 577.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 553.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 553.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 553.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 553.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 553.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 529.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 529.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 529.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 529.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 529.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 505.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 505.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 505.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 505.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 505.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 481.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 481.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 481.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 481.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 481.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 457.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 457.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 457.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 457.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 457.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 433.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 433.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 433.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 433.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 433.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 409.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 409.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 409.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 409.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 409.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 385.85 376.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 385.85 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 385.85 64.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 385.85 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 385.85 64.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 350.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 350.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 350.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 350.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 350.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 326.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 326.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 326.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 326.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 326.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 302.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 302.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 302.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 302.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 302.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 278.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 278.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 278.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 278.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 278.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 254.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 254.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 254.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 254.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 254.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 230.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 230.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 230.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 230.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 230.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 206.85 376.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 206.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 206.85 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 206.85 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 206.85 64.00 -12.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 687.85 m 494.5 687.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 687.85 m 498.5 687.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 687.85 m 562.5 687.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 673.85 m 426.5 673.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 673.85 m 494.5 673.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 673.85 m 562.5 673.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 481.85 m 494.5 481.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 481.85 m 562.5 481.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 469.85 m 494.5 469.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 469.85 m 562.5 469.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 362.85 m 494.5 362.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 362.85 m 562.5 362.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 350.85 m 494.5 350.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 350.85 m 562.5 350.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 254.85000000000002 m 494.5 254.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 254.85000000000002 m 562.5 254.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 242.85000000000002 m 494.5 242.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 242.85000000000002 m 562.5 242.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 230.85000000000002 m 494.5 230.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 230.85000000000002 m 562.5 230.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 230.85000000000002 m 494.5 230.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 206.85000000000002 m 494.5 206.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 206.85000000000002 m 562.5 206.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 206.85000000000002 m 494.5 206.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 195.85000000000002 m 494.5 195.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 193.85000000000002 m 494.5 193.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 206.85000000000002 m 562.5 206.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 195.85000000000002 m 562.5 195.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 193.85000000000002 m 562.5 193.85000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 692.30 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.05 701.30 Td (Three Months Ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.95 692.30 Td (April 30,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 678.31 Td (\(inthousands\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 678.30 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.00 678.30 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 665.25 Td (Cash flows from operating activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 665.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 665.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 653.11 Td (Net loss) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.00 653.11 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.25 653.11 Td (\(19,040) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 653.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 501.00 653.11 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 531.25 653.11 Td (\(16,193) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 653.11 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 641.25 Td (Adjustments to r) Tj ET Q q 0 0 0 rg BT 117.83 641.25 Td (econcile net loss to net cash pr) Tj ET Q q 0 0 0 rg BT 233.15 641.25 Td (ovided by operating activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 641.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 641.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 629.11 Td (Depreciation and amortization) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.25 629.11 Td (29,422) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 629.11 Td (28,335) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 617.11 Td (Stock-based compensation, excluding cash-settled awards) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.25 617.11 Td (17,620) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 617.11 Td (15,312) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 605.11 Td (Amortization of discount on convertible notes) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 470.75 605.11 Td (2,756) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 605.11 Td (2,614) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 593.11 Td (Non-cash losses on derivative financial instruments, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 593.11 Td (370) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 593.11 Td (1,558) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 581.11 Td (Other non-cash items, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 470.75 581.11 Td (4,605) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 581.11 Td (2,747) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 569.25 Td (Changes in operating assets and liabilities, net of effects of business combinations:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 569.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 569.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 557.11 Td (Accounts receivable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 470.75 557.11 Td (1,633) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 557.11 Td (25,545) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 545.11 Td (Inventories) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.50 545.11 Td (\(942) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 545.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.75 545.11 Td (\(2,587) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 545.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 533.11 Td (Deferred cost of revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 533.11 Td (977) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 533.11 Td (550) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 521.11 Td (Prepaid expenses and other assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 470.75 521.11 Td (1,512) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.75 521.11 Td (\(1,392) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 521.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 509.11 Td (Accounts payable and accrued expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 509.11 Td (41) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 531.25 509.11 Td (\(16,090) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 509.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 497.11 Td (Deferred revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.25 497.11 Td (18,139) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 497.11 Td (21,509) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 485.11 Td (Other, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 470.75 485.11 Td (2,668) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.00 485.11 Td (\(46) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 485.11 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 473.25 Td (Net cash provided by operating activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.25 473.25 Td (59,761) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.25 473.25 Td (61,862) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 449.25 Td (Cash flows from investing activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 449.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 449.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 437.11 Td (Cash paid for business combinations, including adjustments, net of cash acquired) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.25 437.11 Td (\(13,922) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 437.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 531.25 437.11 Td (\(69,751) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 437.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 425.11 Td (Purchases of property and equipment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.75 425.11 Td (\(7,159) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 425.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.75 425.11 Td (\(9,441) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 425.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 413.11 Td (Purchases of investments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.75 413.11 Td (\(1,500) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 413.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 531.25 413.11 Td (\(24,967) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 413.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 401.11 Td (Maturities and sales of investments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 401.11 Td (300) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 401.11 Td (32,908) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 389.11 Td (Cash paid for capitalized software development costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.50 389.11 Td (\(148) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 389.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 389.11 Td (\(696) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 389.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 376.31 Td (Change in restricted cash and bank time deposits, including long-term portion, and other investing) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 367.31 Td (activities, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 367.31 Td (311) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 367.31 Td (693) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 354.25 Td (Net cash used in investing activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.25 354.25 Td (\(22,118) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 354.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.25 354.25 Td (\(71,254) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 354.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 330.25 Td (Cash flows from financing activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 330.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 330.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 318.11 Td (Repayments of borrowings and other financing obligations) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.75 318.11 Td (\(1,395) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 318.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 318.11 Td (\(149) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 318.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 306.11 Td (Proceeds from exercises of stock options) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 306.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.50 306.11 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 294.11 Td (Purchases of treasury stock) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 294.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 531.25 294.11 Td (\(17,162) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 294.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 282.11 Td (Dividends paid to noncontrolling interest) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.50 282.11 Td (\(716) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 282.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 282.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 270.11 Td (Payments of contingent consideration for business combinations \(financing portion\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.75 270.11 Td (\(1,750) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 270.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.75 270.11 Td (\(2,947) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 270.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 258.11 Td (Other financing activities, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 258.11 Td (278) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 258.11 Td (\(600) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 258.11 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 246.25 Td (Net cash used in financing activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.75 246.25 Td (\(3,583) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 246.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.25 246.25 Td (\(20,857) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 246.25 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 234.11 Td (Effect of foreign currency exchange rate changes on cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.75 234.11 Td (\(1,332) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 234.11 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 234.11 Td (2,049) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 222.25 Td (Net incr) Tj ET Q q 0 0 0 rg BT 84.07 222.25 Td (ease \(decr) Tj ET Q q 0 0 0 rg BT 122.14 222.25 Td (ease\) in cash and cash equivalents) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.25 222.25 Td (32,728) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.25 222.25 Td (\(28,200) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.00 222.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 210.25 Td (Cash and cash equivalents, beginning of period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.75 210.25 Td (307,363) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.75 210.25 Td (352,105) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 198.25 Td (Cash and cash equivalents, end of period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.00 198.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.75 198.25 Td (340,091) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.00 198.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.75 198.25 Td (323,905) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 173.75 Td (See notes to condensed consolidated financial statements.) Tj ET Q endstream endobj 25 0 obj <>] /Rotate 0 /Contents 26 0 R>> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.00 742.25 Td (VERINT) Tj ET Q q 0 0 0 rg BT 240.72 742.25 Td ( SYSTEMS INC. ) Tj ET Q q 0 0 0 rg BT 315.18 742.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.35 730.25 Td (Notes to Condensed Consolidated Financial Statements) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (1. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 694.25 Td (BASIS OF) Tj ET Q q 0 0 0 rg BT 112.57 694.25 Td ( PRESENT) Tj ET Q q 0 0 0 rg BT 159.52 694.25 Td (A) Tj ET Q q 0 0 0 rg BT 165.64 694.25 Td (TION ) Tj ET Q q 0 0 0 rg BT 192.21 694.25 Td (AND SIGNIFICANT ) Tj ET Q q 0 0 0 rg BT 282.98 694.25 Td (ACCOUNTING POLICIES ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (Description of Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (Unless the context otherwise requires, the terms "V) Tj ET Q q 0 0 0 rg BT 254.58 646.25 Td (erint", "we", "us", and "our" in these notes to consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (statements refer to ) Tj ET Q q 0 0 0 rg BT 126.18 634.25 Td (V) Tj ET Q q 0 0 0 rg BT 132.29 634.25 Td (erint SystemsInc. and its consolidated subsidiaries.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (V) Tj ET Q q 0 0 0 rg BT 56.11 610.25 Td (erint is a global leader in ) Tj ET Q q 0 0 0 rg BT 157.19 610.25 Td (Actionable Intelligence solutions. ) Tj ET Q q 0 0 0 rg BT 296.33 610.25 Td (Actionable Intelligence is a necessity in a dynamic world of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (massive information growth because it empowers or) Tj ET Q q 0 0 0 rg BT 259.21 598.25 Td (ganizations with crucial insights and enables decision makers to anticipate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (respond, and take action. ) Tj ET Q q 0 0 0 rg BT 154.51 586.25 Td (W) Tj ET Q q 0 0 0 rg BT 163.54 586.25 Td (ith ) Tj ET Q q 0 0 0 rg BT 176.42 586.25 Td (V) Tj ET Q q 0 0 0 rg BT 182.53 586.25 Td (erint solutions and value-added services, or) Tj ET Q q 0 0 0 rg BT 355.63 586.25 Td (ganizations of all sizes and across many industries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (can make more informed, timely) Tj ET Q q 0 0 0 rg BT 180.14 574.25 Td (, and ef) Tj ET Q q 0 0 0 rg BT 209.66 574.25 Td (fective decisions. ) Tj ET Q q 0 0 0 rg BT 283.90 574.25 Td (T) Tj ET Q q 0 0 0 rg BT 289.31 574.25 Td (oday) Tj ET Q q 0 0 0 rg BT 308.10 574.25 Td (, over 10,000 or) Tj ET Q q 0 0 0 rg BT 371.52 574.25 Td (ganizations in more than 180 countries, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (including over 80 percent of the Fortune 100, use ) Tj ET Q q 0 0 0 rg BT 249.77 562.25 Td (V) Tj ET Q q 0 0 0 rg BT 255.88 562.25 Td (erint solutions to optimize customer engagement and make the world a safer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (place. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (V) Tj ET Q q 0 0 0 rg BT 56.11 526.25 Td (erint delivers its ) Tj ET Q q 0 0 0 rg BT 122.49 526.25 Td (Actionable Intelligence solutions through two operating segments: Customer Engagement Solutions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (Cyber Intelligence Solutions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 490.25 Td (e have established leadership positions in ) Tj ET Q q 0 0 0 rg BT 225.83 490.25 Td (Actionable Intelligence by developing highly-scalable, enterprise-class software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (and services with advanced, integrated analytics for both unstructured and structured information. Our innovative solutions are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (developed by a lar) Tj ET Q q 0 0 0 rg BT 123.40 466.25 Td (ge research and development \(R&D\) team comprised of approximately 1,400 professionals and backed by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (more than 800 patents and patent applications worldwide.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 430.25 Td (o help our customers maximize the benefits of our technology over the solution lifecycle and provide a high degree of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (flexibility) Tj ET Q q 0 0 0 rg BT 88.79 418.25 Td (, we of) Tj ET Q q 0 0 0 rg BT 116.10 418.25 Td (fer a broad range of services, such as strategic consulting, managed services, implementation services, training, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (maintenance, and 24x7 support. ) Tj ET Q q 0 0 0 rg BT 181.91 406.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 231.82 406.25 Td (, we of) Tj ET Q q 0 0 0 rg BT 259.13 406.25 Td (fer a broad range of deployment options, including cloud, on-premises, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (hybrid, and software licensing and delivery models that include perpetual licenses and software as a service \(SaaS\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (Headquartered in Melville, New ) Tj ET Q q 0 0 0 rg BT 181.52 370.25 Td (Y) Tj ET Q q 0 0 0 rg BT 187.74 370.25 Td (ork, we support our customers around the globe directly and with an extensive network of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (selling and support partners.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (Preparation of Condensed Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (The condensed consolidated financial statements included herein have been prepared in accordance with accounting principles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 218.55 298.25 Td (America \("GAAP"\) and on the same basis as the audited consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (statements included in our ) Tj ET Q q 0 0 0 rg BT 157.20 286.25 Td (Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission \("SEC"\) for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (the year ended January 31, 2017. ) Tj ET Q q 0 0 0 rg BT 184.22 274.25 Td (The condensed consolidated statements of operations, comprehensive \(loss\) income, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (stockholders) Tj ET Q q 0 0 0 rg BT 103.13 262.25 Td ( equity) Tj ET Q q 0 0 0 rg BT 129.98 262.25 Td (, and cash flows for the periods ended ) Tj ET Q q 0 0 0 rg BT 283.55 262.25 Td (April 30, 2017 and 2016, and the condensed consolidated balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (sheet as of ) Tj ET Q q 0 0 0 rg BT 94.16 250.25 Td (April 30, 2017, are not audited but reflect all adjustments that are of a normal recurring nature and that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (considered necessary for a fair presentation of the results for the periods shown. ) Tj ET Q q 0 0 0 rg BT 371.93 238.25 Td (The condensed consolidated balance sheet as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (of January 31, 2017 is derived from the audited consolidated financial statements presented in our ) Tj ET Q q 0 0 0 rg BT 443.78 226.25 Td (Annual Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (K for the year ended January 31, 2017. Certain information and disclosures normally included in annual consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (statements have been omitted pursuant to the rules and regulations of the SEC. Because the condensed consolidated interim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (financial statements do not include all of the information and disclosures required by GAAP) Tj ET Q q 0 0 0 rg BT 418.71 190.25 Td ( for a complete set of financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (statements, they should be read in conjunction with the audited consolidated financial statements and notes included in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (Annual Report on Form 10-K filed with the SEC for the year ended January 31, 2017. ) Tj ET Q q 0 0 0 rg BT 396.42 166.25 Td (The results for interim periods are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (necessarily indicative of a full year) Tj ET Q q 0 0 0 rg BT 190.59 154.25 Td () Tj ET Q q 0 0 0 rg BT 193.36 154.25 Td (s results.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (Recasting of Prior Period Segment Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (Through July 31, 2016, we were or) Tj ET Q q 0 0 0 rg BT 190.35 106.25 Td (ganized and had reported our operating results in three operating segments. In ) Tj ET Q q 0 0 0 rg BT 503.86 106.25 Td (August 2016, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (we reor) Tj ET Q q 0 0 0 rg BT 80.08 94.25 Td (ganized into two businesses and now report our results in two operating segments, as further discussed in Note 14, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td ("Segment Information". Comparative segment financial information for prior periods appearing in Note 5, "Intangible ) Tj ET Q q 0 0 0 rg BT 526.84 82.25 Td (Assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (and Goodwill" and Note 14, "Segment Information", has been recast to conform to this revised segment structure. ) Tj ET Q endstream endobj 27 0 obj <>] /Rotate 0 /Contents 28 0 R>> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (8) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Principles of Consolidation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (The accompanying condensed consolidated financial statements include the accounts of ) Tj ET Q q 0 0 0 rg BT 403.58 718.25 Td (V) Tj ET Q q 0 0 0 rg BT 409.70 718.25 Td (erint Systems Inc., our wholly owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (or otherwise controlled subsidiaries, and a joint venture in which we hold a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.26 706.25 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.59 706.25 Td ( equity interest. ) Tj ET Q q 0 0 0 rg BT 438.33 706.25 Td (The joint venture is a variable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (interest entity in which we are the primary beneficiary) Tj ET Q q 0 0 0 rg BT 266.48 694.25 Td (.Noncontrolling interests in less than wholly owned subsidiaries are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (reflected within stockholders) Tj ET Q q 0 0 0 rg BT 168.66 682.25 Td ( equity on our condensed consolidated balance sheet, but separately from our stockholders' equity) Tj ET Q q 0 0 0 rg BT 558.59 682.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 670.25 Td (e hold an option to acquire the noncontrolling interests in two majority owned subsidiaries and we account for the option as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (an in-substance investment in the noncontrolling common stock of each such subsidiary) Tj ET Q q 0 0 0 rg BT 401.22 658.25 Td (. ) Tj ET Q q 0 0 0 rg BT 406.04 658.25 Td (W) Tj ET Q q 0 0 0 rg BT 414.68 658.25 Td (e include the fair value of the option ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (within other liabilities and do not recognize noncontrolling interests in these subsidiaries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 622.25 Td (e include the results of operations of acquired companies from the date of acquisition. ) Tj ET Q q 0 0 0 rg BT 403.81 622.25 Td (All significant intercompany ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (transactions and balances are eliminated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (Investments in companies in which we have less than a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.28 586.25 Td (20%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.61 586.25 Td ( ownership interest and cannot exercise significant influence are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (accounted for at cost. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (Use of Estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (The preparation of financial statements in conformity with GAAP) Tj ET Q q 0 0 0 rg BT 313.45 526.25 Td ( requires our management to make estimates and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (assumptions, which may af) Tj ET Q q 0 0 0 rg BT 158.69 514.25 Td (fect the reported amounts of assets and liabilities and the disclosure of contingent assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (during the reporting period. ) Tj ET Q q 0 0 0 rg BT 164.98 490.25 Td (Actual results could dif) Tj ET Q q 0 0 0 rg BT 258.38 490.25 Td (fer from those estimates.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (Accounts Receivable, Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (Accounts receivable, net, includes unbilled accounts receivable on arrangements recognized under contract accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (methods, representing revenue recognized on contracts for which billing will occur in subsequent periods, in accordance with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (the terms of the contracts. Unbilled accounts receivable on such contracts were) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.49 418.25 Td ($57.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.38 418.25 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.82 418.25 Td ($39.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.71 418.25 Td (at ) Tj ET Q q 0 0 0 rg BT 507.37 418.25 Td (April 30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (2017 and January 31, 2017, respectively) Tj ET Q q 0 0 0 rg BT 210.70 406.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (Under most contracts, unbilled accounts receivable are typically billed and collected within one year of revenue recognition. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (However) Tj ET Q q 0 0 0 rg BT 86.25 370.25 Td (, as of ) Tj ET Q q 0 0 0 rg BT 112.36 370.25 Td (April 30, 2017, we have unbilled accounts receivable on certain complex projects with a long-standing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (customer for which the underlying billing milestones are still in progress and have remained unbilled for periods in excess of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (one year) Tj ET Q q 0 0 0 rg BT 83.75 346.25 Td (, and in some cases, for several years. Unbilled accounts receivable from this customer have declined significantly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (over the past year) Tj ET Q q 0 0 0 rg BT 120.25 334.25 Td (. ) Tj ET Q q 0 0 0 rg BT 125.07 334.25 Td (W) Tj ET Q q 0 0 0 rg BT 133.71 334.25 Td (e have no history of uncollectible accounts with this customer and believe that collection of all unbilled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (amounts is reasonably assured. ) Tj ET Q q 0 0 0 rg BT 176.18 322.25 Td (W) Tj ET Q q 0 0 0 rg BT 184.82 322.25 Td (e expect billing and collection of all unbilled accounts receivable from this customer to occur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (within the next twelve months.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (Significant ) Tj ET Q q 0 0 0 rg BT 97.70 286.25 Td (Accounting Policies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (Our significant accounting policies are described in Note 1 to the consolidated financial statements included in our ) Tj ET Q q 0 0 0 rg BT 510.70 262.25 Td (Annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (Report on Form 10-K for the year ended January 31, 2017. ) Tj ET Q q 0 0 0 rg BT 287.82 250.25 Td (There were no material changes to our significant accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (policies during the three months ended ) Tj ET Q q 0 0 0 rg BT 207.19 238.25 Td (April 30, 2017.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (Recent ) Tj ET Q q 0 0 0 rg BT 80.45 214.25 Td (Accounting Pronouncements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (New ) Tj ET Q q 0 0 0 rg BT 70.46 190.25 Td (Accounting Pronouncements Recently ) Tj ET Q q 0 0 0 rg BT 230.93 190.25 Td (Adopted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (In March 2016, the Financial ) Tj ET Q q 0 0 0 rg BT 168.31 166.25 Td (Accounting Standards Board \("F) Tj ET Q q 0 0 0 rg BT 298.57 166.25 Td (ASB"\) issued ) Tj ET Q q 0 0 0 rg BT 354.88 166.25 Td (Accounting Standards Update \("ASU"\) No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (2016-09, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 88.33 154.25 Td (CompensationStock Compensation \(T) Tj ET Q q 0 0 0 rg BT 247.41 154.25 Td (opic 718\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.45 154.25 Td (which) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 314.89 154.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.39 154.25 Td (amends the accounting for stock-based compensation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (requires excess tax benefits and deficiencies to be recognized as a component of income tax expense rather than stockholders' ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (equity) Tj ET Q q 0 0 0 rg BT 74.35 130.25 Td (. ) Tj ET Q q 0 0 0 rg BT 79.17 130.25 Td (This guidance also requires excess tax benefits to be presented as an operating activity on the consolidated statements of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (cash flows and allows an entity to make an accounting policy election to either estimate expected forfeitures or to account for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (them as they occur) Tj ET Q q 0 0 0 rg BT 124.70 106.25 Td (. ) Tj ET Q q 0 0 0 rg BT 131.65 106.25 Td (ASU No. 2016-09 was ef) Tj ET Q q 0 0 0 rg BT 232.84 106.25 Td (fective for us on February 1, 2017. ) Tj ET Q q 0 0 0 rg BT 374.01 106.25 Td (The adoption did not result in a cumulative-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 94.25 Td (fect adjustment to retained earnings, and in accordance with the new guidance, we recorded certain tax ef) Tj ET Q q 0 0 0 rg BT 478.88 94.25 Td (fects from stock-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (based compensation awards as components of the benefit for income taxes for the three months ended ) Tj ET Q q 0 0 0 rg BT 459.87 82.25 Td (April 30, 2017, whereas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (such tax ef) Tj ET Q q 0 0 0 rg BT 93.13 70.25 Td (fects were previously recognized in stockholders) Tj ET Q q 0 0 0 rg BT 290.93 70.25 Td ( equity) Tj ET Q q 0 0 0 rg BT 317.78 70.25 Td (. ) Tj ET Q q 0 0 0 rg BT 325.10 70.25 Td (These tax ef) Tj ET Q q 0 0 0 rg BT 373.78 70.25 Td (fects were not material for the three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 75.83 58.25 Td (April 30, 2017.Our accounting for forfeitures of stock-based compensation awards has not changed because we have ) Tj ET Q endstream endobj 29 0 obj <>] /Rotate 0 /Contents 30 0 R>> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (elected to continue our current policy of estimating expected forfeitures. ) Tj ET Q q 0 0 0 rg BT 341.65 742.10 Td (The ef) Tj ET Q q 0 0 0 rg BT 367.29 742.10 Td (fects of adopting the other provisions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (ASUNo. 2016-09were not material to our condensed consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (In October 2016, the F) Tj ET Q q 0 0 0 rg BT 140.07 706.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 188.97 706.10 Td (ASUNo. 2016-16,) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 267.03 706.10 Td (Income T) Tj ET Q q 0 0 0 rg BT 303.60 706.10 Td (axes \(T) Tj ET Q q 0 0 0 rg BT 331.85 706.10 Td (opic 740\): Intra-Entity T) Tj ET Q q 0 0 0 rg BT 430.44 706.10 Td (ransfers of ) Tj ET Q q 0 0 0 rg BT 475.83 706.10 Td (Assets Other Than ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.32 694.10 Td (,which requires entities to recognize the income tax consequences of an intra-entity transfer of an asset other than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (inventory when the transfer occurs. ) Tj ET Q q 0 0 0 rg BT 193.66 682.10 Td (The new guidance is ef) Tj ET Q q 0 0 0 rg BT 286.22 682.10 Td (fective for annual reporting periods beginning after December 15, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (2017, with early adoption permitted as of the beginning of an annual reporting period. ) Tj ET Q q 0 0 0 rg BT 396.40 670.10 Td (The new standard must be adopted using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (a modified retrospective transition method, with the cumulative ef) Tj ET Q q 0 0 0 rg BT 314.46 658.10 Td (fect recognized as of the date of initial adoption. ) Tj ET Q q 0 0 0 rg BT 510.32 658.10 Td (W) Tj ET Q q 0 0 0 rg BT 518.96 658.10 Td (e have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (elected to early adopt this standard as of February 1, 2017, resulting in a $0.9 million cumulative char) Tj ET Q q 0 0 0 rg BT 456.93 646.10 Td (ge to retained deficit, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td ($1.3 million reduction to other current assets, and a $0.4 million increase in other assets.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (New ) Tj ET Q q 0 0 0 rg BT 70.46 610.10 Td (Accounting Pronouncements Not ) Tj ET Q q 0 0 0 rg BT 210.58 610.10 Td (Y) Tj ET Q q 0 0 0 rg BT 215.58 610.10 Td (et Ef) Tj ET Q q 0 0 0 rg BT 235.11 610.10 Td (fective) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (In January 2017, the F) Tj ET Q q 0 0 0 rg BT 138.96 586.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 187.87 586.10 Td (ASU No. 2017-01,) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 265.92 586.10 Td (Business Combinations \(T) Tj ET Q q 0 0 0 rg BT 370.01 586.10 Td (opic 805\): Clarifying the Definition of a ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (Business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 574.10 Td (and ) Tj ET Q q 0 0 0 rg BT 106.39 574.10 Td (ASU No. 2017-04, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 184.44 574.10 Td (IntangiblesGoodwill and Other \(T) Tj ET Q q 0 0 0 rg BT 329.36 574.10 Td (opic 350\) - Simplifying the T) Tj ET Q q 0 0 0 rg BT 443.15 574.10 Td (est for Goodwill Impairment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (ASU No. 2017-01 clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (whether transactions should be accounted for as acquisitions \(or disposals\) of assets or businesses. ) Tj ET Q q 0 0 0 rg BT 445.57 538.10 Td (The definition of a business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 526.10 Td (fects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. ) Tj ET Q q 0 0 0 rg BT 434.83 526.10 Td (The guidance is ef) Tj ET Q q 0 0 0 rg BT 508.23 526.10 Td (fective for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (annual periods beginning after December 15, 2017, including interim periods within those periods. ) Tj ET Q q 0 0 0 rg BT 450.00 514.10 Td (While we are still assessing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (the impact of this standard, we do not believe that the adoption of this guidance will have a material impact on our condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (ASU No. 2017-04 eliminates Step 2 of the goodwill impairment test and requires a goodwill impairment to be measured as the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (amount by which a reporting unit) Tj ET Q q 0 0 0 rg BT 186.36 454.10 Td (s carrying amount exceeds its fair value, not to exceed the carrying amount of its goodwill. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.50 442.10 Td (ASU is ef) Tj ET Q q 0 0 0 rg BT 106.76 442.10 Td (fective for annual or any interim goodwill impairment tests in fiscal years beginning afterDecember 15, 2019. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (While we are still assessing the impact of this standard, we do not believe that the adoption of this guidance will have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (material impact on our condensed consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (In November 2016, the F) Tj ET Q q 0 0 0 rg BT 150.07 394.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 198.97 394.10 Td (ASU No. 2016-18,) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 277.03 394.10 Td (Statement of Cash Flows \(T) Tj ET Q q 0 0 0 rg BT 387.23 394.10 Td (opic 230\): Restricted Cash. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.71 394.10 Td (This update ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (generally described as restricted cash or restricted cash equivalents. ) Tj ET Q q 0 0 0 rg BT 322.48 370.10 Td (Therefore, amounts generally described as restricted cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (and end-of-period total amounts shown on the statement of cash flows. ) Tj ET Q q 0 0 0 rg BT 335.86 346.10 Td (This update also requires an entity to disclose the nature ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (of restrictions on its cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (ASU No. 2016-18 is ef) Tj ET Q q 0 0 0 rg BT 142.31 322.10 Td (fective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (years with early adoption permitted, including adoption in an interim period. ) Tj ET Q q 0 0 0 rg BT 358.91 310.10 Td (W) Tj ET Q q 0 0 0 rg BT 367.55 310.10 Td (e typically have restrictions on certain amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (of cash and cash equivalents, primarily consisting of amounts used to secure bank guarantees in connection with sales contract ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (performance obligations, and expect to continue to have similar restrictions in the future. ) Tj ET Q q 0 0 0 rg BT 407.76 286.10 Td (W) Tj ET Q q 0 0 0 rg BT 416.40 286.10 Td (e currently report changes in such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (restricted amounts as cash flows from investing activities on our consolidated statement of cash flows. ) Tj ET Q q 0 0 0 rg BT 461.94 274.10 Td (This standard will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (change that presentation. ) Tj ET Q q 0 0 0 rg BT 152.00 262.10 Td (W) Tj ET Q q 0 0 0 rg BT 160.64 262.10 Td (e are currently reviewing this standard to assess other potential impacts on our condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (In ) Tj ET Q q 0 0 0 rg BT 60.28 226.10 Td (August 2016, the F) Tj ET Q q 0 0 0 rg BT 136.21 226.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 185.11 226.10 Td (ASU No. 2016-15,) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 263.16 226.10 Td (Statement of Cash Flows \(T) Tj ET Q q 0 0 0 rg BT 373.36 226.10 Td (opic 230\): Classification of Certain Cash ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (Receipts and Cash Payments,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.31 214.10 Td ( whichprovides guidance with the intent of reducing diversity in practice in how certain cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (receipts and cash payments are presented and classified in the statement of cash flows. ) Tj ET Q q 0 0 0 rg BT 397.93 202.10 Td (ASU No. 2016-15 is ef) Tj ET Q q 0 0 0 rg BT 490.25 202.10 Td (fective for fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (years beginning after December 15, 2017, including interim periods within those fiscal years with early adoption permitted, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (including adoption in an interim period. ) Tj ET Q q 0 0 0 rg BT 211.73 178.10 Td (W) Tj ET Q q 0 0 0 rg BT 220.37 178.10 Td (e are currently reviewing this standard to assess the impact on our condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (In June 2016, the F) Tj ET Q q 0 0 0 rg BT 126.20 142.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 175.10 142.10 Td (ASU No. 2016-13, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 253.15 142.10 Td (Financial InstrumentsCr) Tj ET Q q 0 0 0 rg BT 360.84 142.10 Td (edit Losses \(T) Tj ET Q q 0 0 0 rg BT 415.48 142.10 Td (opic 326\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.53 142.10 Td (This new standard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (changes the impairment model for most financial assets and certain other instruments. Entities will be required to use a model ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (that will result in the earlier recognition of allowances for losses for trade and other receivables, held-to-maturity debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (securities, loans, and other instruments. For available-for) Tj ET Q q 0 0 0 rg BT 277.79 106.10 Td (-sale debt securities with unrealized losses, the losses will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (recognized as allowances rather than as reductions in the amortized cost of the securities. ) Tj ET Q q 0 0 0 rg BT 408.85 94.10 Td (The new standard is ef) Tj ET Q q 0 0 0 rg BT 499.19 94.10 Td (fective for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (annual periods, and for interim periods within those annual periods, beginning after December 15, 2019, with early adoption ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (permitted.) Tj ET Q q 0 0 0 rg BT 93.14 70.10 Td (W) Tj ET Q q 0 0 0 rg BT 101.78 70.10 Td (e are currently reviewing this standard to assess the impact on our condensed consolidated financial statements.) Tj ET Q endstream endobj 31 0 obj <>] /Rotate 0 /Contents 32 0 R>> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (In February 2016, the F) Tj ET Q q 0 0 0 rg BT 143.96 742.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 192.87 742.10 Td (ASU No. 2016-02, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 270.92 742.10 Td (Leases \(T) Tj ET Q q 0 0 0 rg BT 308.62 742.10 Td (opic 842\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.17 742.10 Td ( which will require lessees to recognize assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (liabilities for leases with lease terms of more than 12 months. Consistent with current GAAP) Tj ET Q q 0 0 0 rg BT 420.21 730.10 Td (, the recognition, measurement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (finance or operating lease. However) Tj ET Q q 0 0 0 rg BT 194.25 706.10 Td (, unlike current GAAP) Tj ET Q q 0 0 0 rg BT 283.68 706.10 Td (, which requires only capital leases to be recognized on the balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (sheet, the new guidance will require both types of leases to be recognized on the balance sheet. ) Tj ET Q q 0 0 0 rg BT 434.68 694.10 Td (The new guidance is ef) Tj ET Q q 0 0 0 rg BT 527.24 694.10 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (for all periods beginning after December 15, 2018 and we are currently evaluating the ef) Tj ET Q q 0 0 0 rg BT 403.84 682.10 Td (fects that the adoption of ) Tj ET Q q 0 0 0 rg BT 505.21 682.10 Td (ASU No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (2016-02 will have on our consolidated financial statements, but anticipate that the new guidance will significantly impact our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (condensed consolidated financial statements given our significant number of leases.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (In May 2014, the F) Tj ET Q q 0 0 0 rg BT 126.20 634.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 175.10 634.10 Td (ASU No. 2014-09,) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 253.15 634.10 Td (Revenue fr) Tj ET Q q 0 0 0 rg BT 295.82 634.10 Td (om Contracts with Customers \(T) Tj ET Q q 0 0 0 rg BT 425.47 634.10 Td (opic 606\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.52 634.10 Td (ASU No. 2014-09 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (supersedes the revenue recognition requirements in ) Tj ET Q q 0 0 0 rg BT 257.52 622.10 Td (T) Tj ET Q q 0 0 0 rg BT 262.93 622.10 Td (opic 605, Revenue Recognition, and most industry-specific revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (recognition guidance throughout the Industry ) Tj ET Q q 0 0 0 rg BT 233.39 610.10 Td (T) Tj ET Q q 0 0 0 rg BT 238.80 610.10 Td (opics of the ) Tj ET Q q 0 0 0 rg BT 287.40 610.10 Td (Accounting Standards Codification. ) Tj ET Q q 0 0 0 rg BT 432.93 610.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 482.84 610.10 Td (, this update ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (supersedes some cost guidance included in Subtopic 605-35, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 295.23 598.10 Td (Revenue Recognition-Construction-T) Tj ET Q q 0 0 0 rg BT 443.62 598.10 Td (ype and Pr) Tj ET Q q 0 0 0 rg BT 487.12 598.10 Td (oduction-T) Tj ET Q q 0 0 0 rg BT 530.27 598.10 Td (ype ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.45 586.10 Td (. ) Tj ET Q q 0 0 0 rg BT 94.27 586.10 Td (The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (exchange for those goods or services. ) Tj ET Q q 0 0 0 rg BT 201.90 562.10 Td (As originally issued, this guidance was ef) Tj ET Q q 0 0 0 rg BT 368.08 562.10 Td (fective for interim and annual reporting periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (beginning after December 15, 2016, and early adoption was not permitted. In July 2015, the F) Tj ET Q q 0 0 0 rg BT 425.00 550.10 Td (ASB deferred the ef) Tj ET Q q 0 0 0 rg BT 505.06 550.10 Td (fective date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (by one year) Tj ET Q q 0 0 0 rg BT 96.25 538.10 Td (, to interim and annual reporting periods beginning after December 15, 2017. Early adoption is permitted, but not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (before the original ef) Tj ET Q q 0 0 0 rg BT 133.95 526.10 Td (fective date of December 15, 2016. ) Tj ET Q q 0 0 0 rg BT 277.04 526.10 Td (The standard allows entities to apply the standard retrospectively to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (each prior reporting period presented \(full retrospective adoption\) or retrospectively with the cumulative ef) Tj ET Q q 0 0 0 rg BT 486.59 514.10 Td (fect of initially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (applying the standard recognized at the date of initial application \(modified retrospective adoption\). ) Tj ET Q q 0 0 0 rg BT 460.22 502.10 Td (W) Tj ET Q q 0 0 0 rg BT 468.86 502.10 Td (e currently expect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (adopt ) Tj ET Q q 0 0 0 rg BT 74.17 490.10 Td (ASU No. 2014-09 using the modified retrospective option.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 466.10 Td (e are continuing to review the impacts of adopting ) Tj ET Q q 0 0 0 rg BT 261.64 466.10 Td (ASU No. 2014-09 to our condensed consolidated financial statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (Based upon our preliminary assessments, we currently do not expect the new standard to materially impact the amount or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (timing of the majority of revenue recognized in our condensed consolidated financial statements. ) Tj ET Q q 0 0 0 rg BT 440.25 442.10 Td (W) Tj ET Q q 0 0 0 rg BT 448.89 442.10 Td (e are still assessing the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (impact on the timing of revenue recognized under certain contracts under which customized solutions are delivered over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (extended periods of time.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (In addition, the timing of cost of revenue recognition for certain customer contracts requiring significant customization will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (change, because unlike current guidance, the new guidance precludes the deferral of costs simply to obtain an even profit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (mar) Tj ET Q q 0 0 0 rg BT 65.37 370.10 Td (gin over the contract term. ) Tj ET Q q 0 0 0 rg BT 173.48 370.10 Td (W) Tj ET Q q 0 0 0 rg BT 182.11 370.10 Td (e are also assessing the new standard) Tj ET Q q 0 0 0 rg BT 332.62 370.10 Td (s requirement to capitalize costs associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (obtaining customer contracts, including commission payments, which are currently expensed as incurred. Under the new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (standard, these costs will be deferred on our consolidated balance sheet. ) Tj ET Q q 0 0 0 rg BT 340.00 346.10 Td (W) Tj ET Q q 0 0 0 rg BT 348.63 346.10 Td (e are evaluating the period over which to amortize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (these capitalized costs. In addition, for sales transactions that have been billed, but for which the recognition of revenue has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (been deferred and the related account receivable has not been collected, we currently do not recognize deferred revenue or the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (related accounts receivable on our consolidated balance sheet. Under the new standard, we will record accounts receivable and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (related contract liabilities for noncancelable contracts with customers when the right to consideration is unconditional, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (we currently expect will result in increases in accounts receivable and contract liabilities \(currently presented as deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (revenue\) on our consolidated balance sheet, compared to our current presentation. Our preliminary assessments of the impacts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (to our condensed consolidated financial statements of adopting this new standard are subject to change.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (2. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 226.10 Td (NET LOSS PER COMMON SHARE ) Tj ET Q q 0 0 0 rg BT 223.50 226.10 Td (A) Tj ET Q q 0 0 0 rg BT 229.62 226.10 Td (TTRIBUT) Tj ET Q q 0 0 0 rg BT 271.84 226.10 Td (ABLE T) Tj ET Q q 0 0 0 rg BT 306.39 226.10 Td (O VERINT SYSTEMS INC. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (The following table summarizes the calculation of basic and diluted net loss per common share attributable to ) Tj ET Q q 0 0 0 rg BT 491.08 202.10 Td (V) Tj ET Q q 0 0 0 rg BT 497.19 202.10 Td (erint Systems ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (Inc. for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.65 190.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.96 190.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.90 190.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.51 190.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.95 190.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.95 190.10 Td (:) Tj ET Q endstream endobj 33 0 obj <>] /Rotate 0 /Contents 34 0 R>> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 31.60 Td (1) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 711.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 711.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 711.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 711.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 711.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 685.50 374.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 685.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 685.50 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 685.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 685.50 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 658.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 658.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 658.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 658.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 658.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 632.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 632.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 632.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 632.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 632.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 606.50 374.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 606.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 606.50 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 606.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 606.50 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 578.50 374.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 578.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 578.50 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 578.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 578.50 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 724.5 m 493.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 724.5 m 497.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 724.5 m 562.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 711.5 m 424.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 724.5 m 493.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 711.5 m 493.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 724.5 m 497.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 724.5 m 562.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 711.5 m 562.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 711.5 m 493.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 711.5 m 562.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 685.5 m 493.5 685.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 685.5 m 562.5 685.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 685.5 m 493.5 685.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 672.5 m 493.5 672.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 670.5 m 493.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 685.5 m 562.5 685.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 672.5 m 562.5 672.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 670.5 m 562.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 606.5 m 493.5 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 606.5 m 562.5 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 593.5 m 493.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 591.5 m 493.5 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 593.5 m 562.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 591.5 m 562.5 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 565.5 m 493.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 563.5 m 493.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 565.5 m 562.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 563.5 m 562.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 551.5 m 493.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 549.5 m 493.5 549.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 551.5 m 562.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 549.5 m 562.5 549.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 739.18 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.10 729.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 715.07 Td (\(inthousands,exceptpershareamounts\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 715.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 715.23 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 702.07 Td (Net loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 702.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 702.12 Td (\(19,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 702.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 702.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 702.12 Td (\(16,193) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 702.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 689.07 Td (Net income attributable to noncontrolling interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 689.07 Td (746) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 689.07 Td (1,263) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 676.18 Td (Net loss attributable to ) Tj ET Q q 0 0 0 rg BT 152.81 676.18 Td (V) Tj ET Q q 0 0 0 rg BT 159.11 676.18 Td (erint Systems Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 676.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.80 676.23 Td (\(19,786) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 676.18 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 676.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.80 676.23 Td (\(17,456) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 676.18 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 662.23 Td (Weighted-average shares outstanding:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 661.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 661.26 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 649.23 Td (Basic) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 649.23 Td (62,485) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 649.23 Td (62,258) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 636.07 Td (Dilutive effect of employee equity award plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 636.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 636.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 623.07 Td (Dilutive effect of 1.50% convertible senior notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 623.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 623.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 610.07 Td (Dilutive effect of warrants) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 610.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 610.07 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 597.18 Td (Diluted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 597.18 Td (62,485) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 597.18 Td (62,258) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 583.18 Td (Net loss per) Tj ET Q q 0 0 0 rg BT 102.81 583.18 Td ( common shar) Tj ET Q q 0 0 0 rg BT 163.18 583.18 Td (e attributable to ) Tj ET Q q 0 0 0 rg BT 234.38 583.18 Td (V) Tj ET Q q 0 0 0 rg BT 240.68 583.18 Td (erint Systems Inc.:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 581.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 581.26 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 569.18 Td (Basic) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 569.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.80 569.23 Td (\(0.32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 569.18 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 569.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 537.80 569.23 Td (\(0.28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 569.18 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 555.18 Td (Diluted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 555.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.80 555.23 Td (\(0.32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 555.18 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 555.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 537.80 555.23 Td (\(0.28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 555.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 527.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 527.00 Td (e excluded the following weighted-average potential common shares from the calculations of diluted net loss per common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 515.00 Td (share during the applicable periods because their inclusion would have been anti-dilutive: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 467.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 467.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 467.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 467.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 467.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 441.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 441.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 441.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 441.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 441.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 480.5 m 493.5 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 480.5 m 497.5 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 480.5 m 562.5 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 467.5 m 424.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 467.5 m 493.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 467.5 m 562.5 467.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 495.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 465.99 495.18 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.10 485.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 471.07 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 471.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 471.23 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 458.23 Td (Common shares excluded from calculation:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 457.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 457.26 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 445.07 Td (Stock options and restricted stock-based awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 445.07 Td (2,125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 445.07 Td (2,247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 432.07 Td (1.50% convertible senior notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 432.07 Td (6,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 432.07 Td (6,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 419.07 Td (Warrants) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 419.07 Td (6,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 419.07 Td (6,205) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 392.00 Td (In periods for which we report a net loss attributable to ) Tj ET Q q 0 0 0 rg BT 272.26 392.00 Td (V) Tj ET Q q 0 0 0 rg BT 278.37 392.00 Td (erint Systems Inc., basic net loss per common share and diluted net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 380.00 Td (loss per common share are identical since the ef) Tj ET Q q 0 0 0 rg BT 241.41 380.00 Td (fect of all potential common shares is anti-dilutive and therefore excluded.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 356.00 Td (Our 1.50% convertible senior notes \("Notes"\) will not impact the calculation of diluted net income per share unless the average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 344.00 Td (price of our common stock, as calculated in accordance with the terms of the indenture governing the Notes, exceeds the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.00 Td (conversion price of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.69 332.00 Td ($64.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.19 332.00 Td (per share. Likewise, diluted net income per share will not include any ef) Tj ET Q q 0 0 0 rg BT 448.30 332.00 Td (fect from the ) Tj ET Q q 0 0 0 rg BT 502.26 332.00 Td (W) Tj ET Q q 0 0 0 rg BT 510.90 332.00 Td (arrants \(as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.00 Td (defined in Note 6, "Long-T) Tj ET Q q 0 0 0 rg BT 158.63 320.00 Td (erm Debt"\) unless the average price of our common stock, as calculated under the terms of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 308.00 Td (arrants, exceeds the exercise price of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.28 308.00 Td ($75.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.78 308.00 Td (per share.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.00 Td (Our Note Hedges \(as defined in Note 6, "Long-T) Tj ET Q q 0 0 0 rg BT 245.27 284.00 Td (erm Debt"\) do not impact the calculation of diluted net income per share under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.00 Td (the treasury stock method, because their ef) Tj ET Q q 0 0 0 rg BT 220.59 272.00 Td (fect would be anti-dilutive. However) Tj ET Q q 0 0 0 rg BT 367.64 272.00 Td (, in the event of an actual conversion of any or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.00 Td (all of the Notes, the common shares that would be delivered to us under the Note Hedges would neutralize the dilutive ef) Tj ET Q q 0 0 0 rg BT 533.57 260.00 Td (fect of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.00 Td (the common shares that we would issue under the Notes. ) Tj ET Q q 0 0 0 rg BT 279.12 248.00 Td (As a result, actual conversion of any or all of the Notes would not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.00 Td (increase our outstanding common stock. Up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.85 236.00 Td (6,205,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.85 236.00 Td ( common shares could be issued upon exercise of the ) Tj ET Q q 0 0 0 rg BT 493.61 236.00 Td (W) Tj ET Q q 0 0 0 rg BT 502.25 236.00 Td (arrants. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.00 Td (Further details regarding the Notes, Note Hedges, and the ) Tj ET Q q 0 0 0 rg BT 282.81 224.00 Td (W) Tj ET Q q 0 0 0 rg BT 291.45 224.00 Td (arrants appear in Note 6, "Long-T) Tj ET Q q 0 0 0 rg BT 426.45 224.00 Td (erm Debt".) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 188.00 Td (3. CASH, CASH EQUIV) Tj ET Q q 0 0 0 rg BT 156.79 188.00 Td (ALENTS, ) Tj ET Q q 0 0 0 rg BT 199.76 188.00 Td (AND SHORT) Tj ET Q q 0 0 0 rg BT 255.80 188.00 Td (-TERM INVESTMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 164.00 Td (The following tables summarize our cash, cash equivalents, and short-term investments as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.52 164.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.12 164.00 Td ( and January 31, 2017:) Tj ET Q endstream endobj 35 0 obj <>] /Rotate 0 /Contents 36 0 R>> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (12) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 700.50 255.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.25 700.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.25 700.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.25 700.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.25 700.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.25 700.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.25 700.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.25 700.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.25 700.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 674.50 255.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.25 674.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.25 674.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.25 674.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.25 674.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.25 674.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.25 674.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.25 674.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.25 674.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 648.50 255.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.25 648.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.25 648.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.25 648.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.25 648.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.25 648.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.25 648.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.25 648.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.25 648.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 622.50 255.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.25 622.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.25 622.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.25 622.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.25 622.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.25 622.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.25 622.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.25 622.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.25 622.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 734.5 m 373.25 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.25 734.5 m 377.25 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 734.5 m 442.25 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.25 734.5 m 446.25 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 734.5 m 511.25 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.25 734.5 m 515.25 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 734.5 m 580.25 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.25 700.5 m 304.25 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 700.5 m 373.25 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 700.5 m 442.25 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 700.5 m 511.25 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 700.5 m 580.25 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 661.5 m 373.25 661.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 661.5 m 442.25 661.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 661.5 m 511.25 661.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 661.5 m 580.25 661.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 649.5 m 373.25 649.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 647.5 m 373.25 647.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 649.5 m 442.25 649.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 647.5 m 442.25 647.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 649.5 m 511.25 649.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 647.5 m 511.25 647.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 649.5 m 580.25 649.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 647.5 m 580.25 647.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 609.5 m 373.25 609.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 609.5 m 442.25 609.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 609.5 m 511.25 609.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 609.5 m 580.25 609.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 597.5 m 373.25 597.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 595.5 m 373.25 595.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 609.5 m 442.25 609.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 597.5 m 442.25 597.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 595.5 m 442.25 595.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 609.5 m 511.25 609.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 597.5 m 511.25 597.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 595.5 m 511.25 595.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 609.5 m 580.25 609.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 597.5 m 580.25 597.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 595.5 m 580.25 595.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.60 739.18 Td (April 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 705.17 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.15 705.18 Td (Cost Basis) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.80 725.18 Td (Gross) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.00 715.18 Td (Unrealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.70 705.18 Td (Gains) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.80 725.18 Td (Gross) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.00 715.18 Td (Unrealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.35 705.18 Td (Losses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.55 715.18 Td (Estimated) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.95 705.18 Td (Fair Value) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 691.23 Td (Cash and cash equivalents:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 678.07 Td (Cash and bank time deposits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.75 678.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.90 678.07 Td (339,915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.75 678.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 678.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.75 678.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.40 678.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.75 678.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.90 678.07 Td (339,915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 665.07 Td (Money market funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.40 665.07 Td (176) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 665.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.40 665.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 561.40 665.07 Td (176) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 652.23 Td (Total cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.75 652.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.90 652.23 Td (340,091) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.75 652.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.40 652.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.75 652.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.40 652.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.75 652.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.90 652.23 Td (340,091) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 626.23 Td (Short-term investments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 613.07 Td (Bank time deposits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.75 613.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.90 613.07 Td (4,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.75 613.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 613.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.75 613.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.40 613.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.75 613.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.90 613.07 Td (4,533) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 600.23 Td (Total short-term investments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.75 600.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.90 600.23 Td (4,533) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.75 600.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.40 600.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.75 600.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.40 600.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.75 600.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.90 600.23 Td (4,533) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 538.50 255.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.25 538.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.25 538.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.25 538.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.25 538.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.25 538.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.25 538.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.25 538.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.25 538.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 512.50 255.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.25 512.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.25 512.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.25 512.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.25 512.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.25 512.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.25 512.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.25 512.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.25 512.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 486.50 255.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.25 486.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.25 486.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.25 486.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.25 486.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.25 486.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.25 486.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.25 486.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.25 486.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 460.50 255.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.25 460.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.25 460.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.25 460.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.25 460.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.25 460.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.25 460.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.25 460.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.25 460.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 572.5 m 373.25 572.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.25 572.5 m 377.25 572.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 572.5 m 442.25 572.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.25 572.5 m 446.25 572.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 572.5 m 511.25 572.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.25 572.5 m 515.25 572.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 572.5 m 580.25 572.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.25 538.5 m 304.25 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 538.5 m 373.25 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 538.5 m 442.25 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 538.5 m 511.25 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 538.5 m 580.25 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 499.5 m 373.25 499.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 487.5 m 373.25 487.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 485.5 m 373.25 485.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 499.5 m 442.25 499.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 487.5 m 442.25 487.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 485.5 m 442.25 485.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 499.5 m 511.25 499.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 487.5 m 511.25 487.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 485.5 m 511.25 485.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 499.5 m 580.25 499.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 487.5 m 580.25 487.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 485.5 m 580.25 485.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 447.5 m 373.25 447.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 447.5 m 442.25 447.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 447.5 m 511.25 447.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 447.5 m 580.25 447.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 435.5 m 373.25 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.25 433.5 m 373.25 433.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 435.5 m 442.25 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.25 433.5 m 442.25 433.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 435.5 m 511.25 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.25 433.5 m 511.25 433.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 435.5 m 580.25 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.25 433.5 m 580.25 433.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.20 577.18 Td (January 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 543.17 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.15 543.18 Td (Cost Basis) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.80 563.18 Td (Gross) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.00 553.18 Td (Unrealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.70 543.18 Td (Gains) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.80 563.18 Td (Gross) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.00 553.18 Td (Unrealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.35 543.18 Td (Losses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.55 553.18 Td (Estimated) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.95 543.18 Td (Fair Value) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 529.23 Td (Cash and cash equivalents:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 516.07 Td (Cash and bank time deposits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.75 516.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.90 516.07 Td (307,188) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.75 516.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 516.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.75 516.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.40 516.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.75 516.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.90 516.07 Td (307,188) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 503.07 Td (Money market funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.40 503.07 Td (175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 503.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.40 503.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 561.40 503.07 Td (175) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 490.23 Td (Total cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.75 490.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.90 490.23 Td (307,363) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.75 490.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.40 490.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.75 490.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.40 490.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.75 490.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.90 490.23 Td (307,363) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 464.23 Td (Short-term investments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 451.07 Td (Bank time deposits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.75 451.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.90 451.07 Td (3,184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.75 451.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 451.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.75 451.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.40 451.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.75 451.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.90 451.07 Td (3,184) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 438.23 Td (Total short-term investments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.75 438.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.90 438.23 Td (3,184) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.75 438.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.40 438.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.75 438.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.40 438.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.75 438.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.90 438.23 Td (3,184) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.00 Td (Bank time deposits which are reported within short-term investments consist of deposits held outside of the U.S. with maturities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.00 Td (greater than 90 days, or without specified maturity dates which we intend to hold for periods in excess of 90 days. ) Tj ET Q q 0 0 0 rg BT 510.44 399.00 Td (All other bank ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.00 Td (deposits are included within cash and cash equivalents.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.00 Td (During the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.81 363.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.41 363.00 Td ( and 2016, proceeds from maturities and sales of short-term investments were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.38 363.00 Td ($0.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 351.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.33 351.00 Td ($32.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.22 351.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 204.88 351.00 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 315.00 Td (4. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 315.00 Td (BUSINESS COMBINA) Tj ET Q q 0 0 0 rg BT 165.54 315.00 Td (TIONS ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 291.00 Td (Three Months Ended ) Tj ET Q q 0 0 0 rg BT 139.92 291.00 Td (April 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.00 Td (During the three months ended ) Tj ET Q q 0 0 0 rg BT 175.81 267.00 Td (April 30, 2017, we completed two transactions that qualified as business combinations in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.00 Td (Customer Engagement segment, one of which retained a noncontrolling interest. ) Tj ET Q q 0 0 0 rg BT 374.17 255.00 Td (These business combinations were not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.00 Td (material to our condensed consolidated financial statements individually or in the aggregate. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 219.00 Td (Y) Tj ET Q q 0 0 0 rg BT 55.00 219.00 Td (ear Ended January31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 195.00 Td (Contact Solutions, LLC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.00 Td (On February 19, 2016, we completed the acquisition of Contact Solutions, LLC \("Contact Solutions"\), a provider of real-time, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.00 Td (contextual self-service solutions, based in Reston, ) Tj ET Q q 0 0 0 rg BT 252.00 159.00 Td (V) Tj ET Q q 0 0 0 rg BT 258.62 159.00 Td (ir) Tj ET Q q 0 0 0 rg BT 264.55 159.00 Td (ginia. ) Tj ET Q q 0 0 0 rg BT 289.36 159.00 Td (The purchase price consisted of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.48 159.00 Td ($66.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.37 159.00 Td ( of cash paid at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.00 Td (closing, and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.76 147.00 Td ($2.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.66 147.00 Td ( post-closing purchase price adjustment based upon a determination of Contact Solutions' ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.00 Td (acquisition-date working capital, which was paid during the three months ended July 31, 2016. ) Tj ET Q q 0 0 0 rg BT 431.68 135.00 Td (The cash paid for this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.00 Td (acquisition was funded with cash on hand.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.00 Td (The purchase price for Contact Solutions was allocated to the tangible and intangible assets acquired and liabilities assumed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.00 Td (based on their estimated fair values on the acquisition dates, with the remaining unallocated purchase price recorded as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.00 Td (goodwill. ) Tj ET Q q 0 0 0 rg BT 90.38 75.00 Td (The fair value assigned to identifiable intangible assets acquired were determined primarily by using the income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.00 Td (approach, which discounts expected future cash flows to present value using estimates and assumptions determined by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.00 Td (management.) Tj ET Q endstream endobj 37 0 obj <>] /Rotate 0 /Contents 38 0 R>> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Among the factors contributing to the recognition of goodwill as a component of the Contact Solutions purchase price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (allocation were syner) Tj ET Q q 0 0 0 rg BT 135.34 718.10 Td (gies in products and technologies, and the addition of a skilled, assembled workforce. ) Tj ET Q q 0 0 0 rg BT 480.07 718.10 Td (This goodwill has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (been assigned to our Customer Engagement segment and is deductible for income tax purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (In connection with the purchase price allocation for Contact Solutions, the estimated fair value of undelivered performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (obligations under customer contracts assumed in the acquisition was determined utilizing a cost build-up approach. ) Tj ET Q q 0 0 0 rg BT 513.04 670.10 Td (The cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (build-up approach calculates fair value by estimating the costs required to fulfill the obligations plus a reasonable profit mar) Tj ET Q q 0 0 0 rg BT 546.33 658.10 Td (gin, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (which approximates the amount that we believe would be required to pay a third party to assume the performance obligations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (The estimated costs to fulfill the performance obligations were based on the historical direct costs for delivering similar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 86.66 622.10 Td (As a result, in allocating the purchase price, we recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.01 622.10 Td ($0.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.90 622.10 Td ( of current and long-term deferred revenue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (representing the estimated fair value of undelivered performance obligations for which payment had been received, which will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (be recognized as revenue as the underlying performance obligations are delivered. For undelivered performance obligations for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (which payment had not yet been received, we recorded a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.62 586.10 Td ($2.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.51 586.10 Td ( asset as a component of the purchase price allocation, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (representing the estimated fair value of these obligations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.31 574.10 Td ($1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.21 574.10 Td ( of which was included within prepaid expenses and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (other current assets, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.13 562.10 Td ($1.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.02 562.10 Td ( of which was included in other assets. ) Tj ET Q q 0 0 0 rg BT 354.75 562.10 Td (W) Tj ET Q q 0 0 0 rg BT 363.39 562.10 Td (e are amortizing this asset over the underlying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (delivery periods, which adjusts the revenue we recognize for providing these services to its estimated fair value.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 526.10 Td (ransaction and related costs directly related to the acquisition of Contact Solutions, consisting primarily of professional fees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (and integration expenses, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.79 514.10 Td ($0.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.68 514.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.12 514.10 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.01 514.10 Td ( for the three months ended ) Tj ET Q q 0 0 0 rg BT 404.64 514.10 Td (April 30, 2017 and 2016, respectively) Tj ET Q q 0 0 0 rg BT 555.35 514.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (and were expensed as incurred in selling, general and administrative expenses.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (OpinionLab, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (On November 16, 2016, we completed the acquisition of all of the outstanding shares of Chicago, Illinois-based OpinionLab, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (Inc. \("OpinionLab"\), a leading SaaS provider of omnichannel ) Tj ET Q q 0 0 0 rg BT 298.47 442.10 Td (V) Tj ET Q q 0 0 0 rg BT 304.40 442.10 Td (oice of Customer \(V) Tj ET Q q 0 0 0 rg BT 389.47 442.10 Td (oC\) feedback solutions which help ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (or) Tj ET Q q 0 0 0 rg BT 58.15 430.10 Td (ganizations collect, understand, and leverage customer insights, helping drive smarter) Tj ET Q q 0 0 0 rg BT 400.42 430.10 Td (, real-time business action.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (The purchase price consisted of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.12 406.10 Td ($56.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.01 406.10 Td (of cash paid at the closing, funded from cash on hand, partially of) Tj ET Q q 0 0 0 rg BT 498.03 406.10 Td (fset by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.47 406.10 Td ($6.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 394.10 Td (of OpinionLab's cash received in the acquisition, resulting in net cash consideration at closing of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.31 394.10 Td ($50.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.20 394.10 Td (, and we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (agreed to pay potential additional future cash consideration of up to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.97 382.10 Td ($28.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.86 382.10 Td (, contingent upon the achievement of certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (performance tar) Tj ET Q q 0 0 0 rg BT 113.39 370.10 Td (gets over the period from closing through January 31, 2021, the acquisition date fair value of which was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (estimated to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.04 358.10 Td ($15.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.93 358.10 Td (. ) Tj ET Q q 0 0 0 rg BT 171.75 358.10 Td (The purchase price is subject to customary purchase price adjustments related to the final ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (determination of OpinionLab's cash, net working capital, transaction expenses, and taxes as of November 16, 2016. ) Tj ET Q q 0 0 0 rg BT 513.99 346.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (acquired business has been integrated into our Customer Engagement operating segment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (The purchase price for OpinionLab was allocated to the tangible and intangible assets acquired and liabilities assumed based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (their estimated fair values on the acquisition dates, with the remaining unallocated purchase price recorded as goodwill. ) Tj ET Q q 0 0 0 rg BT 531.04 298.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (fair value assigned to identifiable intangible assets acquired were determined primarily by using the income approach, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (discounts expected future cash flows to present value using estimates and assumptions determined by management.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (Among the factors contributing to the recognition of goodwill as a component of the OpinionLab purchase price allocation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (were syner) Tj ET Q q 0 0 0 rg BT 93.41 238.10 Td (gies in products and technologies, and the addition of a skilled, assembled workforce. ) Tj ET Q q 0 0 0 rg BT 438.14 238.10 Td (This goodwill has been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (assigned to our Customer Engagement segment and is not deductible for income tax purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (In connection with the purchase price allocation for OpinionLab, the estimated fair value of undelivered performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (obligations under customer contracts assumed in the acquisition was determined utilizing a cost build-up approach. ) Tj ET Q q 0 0 0 rg BT 513.04 190.10 Td (The cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (build-up approach calculates fair value by estimating the costs required to fulfill the obligations plus a reasonable profit mar) Tj ET Q q 0 0 0 rg BT 546.33 178.10 Td (gin, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (which approximates the amount that we believe would be required to pay a third party to assume the performance obligations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (The estimated costs to fulfill the performance obligations were based on the historical direct costs for delivering similar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 86.66 142.10 Td (As a result, in allocating the purchase price, we recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.01 142.10 Td ($3.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.90 142.10 Td ( of current and long-term deferred revenue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (representing the estimated fair value of undelivered performance obligations for which payment had been received, which will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (be recognized as revenue as the underlying performance obligations are delivered. For undelivered performance obligations for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (which payment had not yet been received, we recorded a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.62 106.10 Td ($5.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.51 106.10 Td ( asset as a component of the purchase price allocation, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (representing the estimated fair value of these obligations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.31 94.10 Td ($3.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.21 94.10 Td ( of which was included within prepaid expenses and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (other current assets, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.13 82.10 Td ($2.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.02 82.10 Td ( of which was included in other assets. ) Tj ET Q q 0 0 0 rg BT 354.75 82.10 Td (W) Tj ET Q q 0 0 0 rg BT 363.39 82.10 Td (e are amortizing this asset over the underlying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (delivery periods, which adjusts the revenue we recognize for providing these services to its estimated fair value.) Tj ET Q endstream endobj 39 0 obj <>] /Rotate 0 /Contents 40 0 R>> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The purchase price allocation for OpinionLab has been prepared on a preliminary basis and changes to the allocation may occur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (as additional information becomes available during the measurement period \(up to one year from the acquisition date\). Fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (values still under review include values assigned to identifiable intangible assets and certain pre-acquisition loss contingencies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 694.10 Td (ransaction and related costs directly related to the acquisition of OpinionLab, consisting primarily of professional fees and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (integration expenses, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.85 682.10 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.74 682.10 Td ( for the three months ended ) Tj ET Q q 0 0 0 rg BT 319.38 682.10 Td (April 30, 2017, and were expensed as incurred within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (selling, general and administrative expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (The following table sets forth the components and the allocations of the purchase prices for our acquisitions of Contact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Solutions and OpinionLab.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 599.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 599.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 599.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 599.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 599.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 573.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 573.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 573.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 573.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 573.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 547.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 547.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 547.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 547.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 547.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 521.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 521.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 521.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 521.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 521.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 495.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 495.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 495.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 495.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 495.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 469.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 469.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 469.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 469.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 469.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 443.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 443.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 443.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 443.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 443.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 417.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 417.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 417.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 417.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 417.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 391.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 391.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 391.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 391.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 391.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 365.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 365.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 365.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 365.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 365.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 339.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 339.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 339.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 339.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 339.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 313.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 313.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 313.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 313.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 313.60 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 599.6 m 423.5 599.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 599.6 m 492.5 599.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 599.6 m 561.5 599.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 547.6 m 492.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 547.6 m 561.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 547.6 m 492.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 535.6 m 492.5 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 533.6 m 492.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 547.6 m 561.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 535.6 m 561.5 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 533.6 m 561.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 404.6 m 492.5 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 404.6 m 561.5 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 391.6 m 492.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 404.6 m 561.5 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 391.6 m 561.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 339.6 m 492.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 339.6 m 561.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 326.6 m 492.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 339.6 m 561.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 326.6 m 561.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 326.6 m 492.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 313.6 m 492.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 326.6 m 561.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 313.6 m 561.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 313.6 m 492.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 301.6 m 492.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 299.6 m 492.5 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 313.6 m 561.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 301.6 m 561.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 299.6 m 561.5 299.6 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 604.27 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.55 614.28 Td (Contact) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.75 604.28 Td (Solutions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.35 604.28 Td (OpinionLab) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 590.33 Td (Components of Purchase Price:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 489.00 589.36 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 577.17 Td (Cash paid at closing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 577.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 577.17 Td (66,915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 577.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 577.17 Td (56,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 564.17 Td (Fair value of contingent consideration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 564.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 564.17 Td (15,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 551.17 Td (Other purchase price adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 551.17 Td (2,518) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 551.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 538.33 Td (Total purchase price) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.00 538.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 538.33 Td (69,433) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.00 538.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.15 538.33 Td (71,355) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 512.33 Td (Allocation of Purchase Price:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 489.00 511.36 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 499.33 Td (Net tangible assets \(liabilities\):) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 489.00 498.36 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 486.17 Td (Accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 486.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 486.17 Td (8,102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 486.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 486.17 Td (748) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 473.17 Td (Other current assets, including cash acquired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 473.17 Td (2,392) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 473.17 Td (10,625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 460.17 Td (Property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 460.17 Td (7,007) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 460.17 Td (298) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 447.17 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 447.17 Td (1,904) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 447.17 Td (2,036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 434.17 Td (Current and other liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 434.22 Td (\(4,943) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 434.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 434.22 Td (\(1,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 434.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 421.17 Td (Deferred revenue - current and long-term) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 421.22 Td (\(642) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 421.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 421.22 Td (\(3,082) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 421.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 408.17 Td (Deferred Income Taxes - current and long-term) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 408.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 408.22 Td (\(9,995) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 408.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 64.00 395.33 Td (Net tangible assets \(liabilities\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 395.33 Td (13,820) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.30 395.38 Td (\(970) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 557.65 395.33 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 382.33 Td (Identifiable intangible assets:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 489.00 381.36 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 369.17 Td (Customer relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 369.17 Td (18,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 369.17 Td (19,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 356.17 Td (Developed technology) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 356.17 Td (13,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 356.17 Td (10,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 343.17 Td (Trademarks and trade names) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 343.17 Td (2,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 343.17 Td (1,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 64.00 330.33 Td (Total identifiable intangible assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 330.33 Td (33,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.15 330.33 Td (31,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 317.33 Td (Goodwill) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 317.33 Td (22,113) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.15 317.33 Td (41,025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 304.33 Td (Total purchase price allocation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.00 304.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 304.33 Td (69,433) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.00 304.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.15 304.33 Td (71,355) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (For the acquisition of Contact Solutions, the acquired customer relationships, developed technology) Tj ET Q q 0 0 0 rg BT 448.99 277.10 Td (, and trademarks and trade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (names were assigned estimated useful lives of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.89 265.10 Td (ten years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.71 265.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.71 265.10 Td (four years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.96 265.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.90 265.10 Td (five years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.05 265.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 431.71 265.10 Td (, the weighted average of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (is approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.43 253.10 Td (7.3 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.53 253.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (For the acquisition of OpinionLab, the acquired customer relationships, developed technology) Tj ET Q q 0 0 0 rg BT 425.92 229.10 Td (, and trademarks and trade names ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.10 Td (were assigned estimated useful lives of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.84 217.10 Td (ten years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.66 217.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.16 217.10 Td (six years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.43 217.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.37 217.10 Td (four years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.62 217.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 402.29 217.10 Td (, the weighted average of which is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 205.10 Td (8.3 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.36 205.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.10 Td (The weighted-average estimated useful life of all finite-lived identifiable intangible assets acquired during the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.10 Td (January 31, 2017 is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.27 169.10 Td (7.8 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.37 169.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 145.10 Td (The acquired identifiable intangible assets are being amortized on a straight-line basis, which we believe approximates the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 133.10 Td (pattern in which the assets are utilized, over their estimated useful lives.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 109.10 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 109.10 Td ( Business Combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.10 Td (During the year ended January 31, 2017, in addition to the acquisitions of Contact Solutions and OpinionLab, we completed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.10 Td (two transactions that qualified as business combinations in our Customer Engagement segment. ) Tj ET Q q 0 0 0 rg BT 435.02 73.10 Td (These business combinations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 61.10 Td (were not material to our condensed consolidated financial statements individually or in the aggregate.) Tj ET Q endstream endobj 41 0 obj <>] /Rotate 0 /Contents 42 0 R>> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (15) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Other Business Combination Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Theacquisition date fair values of contingent consideration obligations associated with business combinations are estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (based on probability adjusted present values of the consideration expected to be transferred using significant inputs that are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (observable in the market. Key assumptions used in these estimates include probability assessments with respect to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (likelihood of achieving the performance tar) Tj ET Q q 0 0 0 rg BT 223.36 682.25 Td (gets and discount rates consistent with the level of risk of achievement. ) Tj ET Q q 0 0 0 rg BT 510.23 682.25 Td (At each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (reporting date, we revalue the contingent consideration obligations to their fair values and record increases and decreases in fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (value within selling, general and administrative expenses in our condensed consolidated statements of operations. Changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (the fair value of the contingent consideration obligations result from changes in discount periods and rates, and changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (probability assumptions with respect to the likelihood of achieving the performance tar) Tj ET Q q 0 0 0 rg BT 397.78 634.25 Td (gets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (In connection with an immaterial business combination that closed during the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.24 610.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.85 610.25 Td (, we recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (a contingent consideration obligation with a fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.65 598.25 Td ($1.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.54 598.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (For the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.37 574.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.98 574.25 Td ( and 2016, we recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.05 574.25 Td ($3.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.94 574.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.38 574.25 Td ($0.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.27 574.25 Td ( respectively) Tj ET Q q 0 0 0 rg BT 483.43 574.25 Td (, within selling, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (general and administrative expenses for changes in the fair values of contingent consideration obligations associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (business combinations. ) Tj ET Q q 0 0 0 rg BT 145.09 550.25 Td (The aggregate fair values of the remaining contingent consideration obligations associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (business combinations was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.83 538.25 Td ($55.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.72 538.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.38 538.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.99 538.25 Td (, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.76 538.25 Td ($12.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 538.25 Td ( was recorded within accrued expenses and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (other current liabilities, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.02 526.25 Td ($43.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.91 526.25 Td ( was recorded within other liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.95 Td (Payments of contingent consideration earned under these agreements were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.72 501.95 Td ($2.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.61 501.95 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.05 501.95 Td ($3.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.94 501.95 Td ( for the three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.95 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 489.95 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.43 489.95 Td ( and 2016, respectively) Tj ET Q q 0 0 0 rg BT 226.53 489.95 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 45.00 453.65 Td (5. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 453.65 Td (INT) Tj ET Q q 0 0 0 rg BT 79.67 453.65 Td (ANGIBLE ) Tj ET Q q 0 0 0 rg BT 126.25 453.65 Td (ASSETS ) Tj ET Q q 0 0 0 rg BT 164.51 453.65 Td (AND GOODWILL) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 241.64 453.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 441.65 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 429.65 Td (Acquisition-related intangible assets consisted of the following as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.78 429.65 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.38 429.65 Td ( and January 31, 2017:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 417.65 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 369.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 369.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 369.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 369.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 369.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 369.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 369.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 343.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 343.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 343.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 343.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 343.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 343.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 343.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 317.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 317.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 317.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 317.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 317.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 317.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 317.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 291.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 291.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 291.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 291.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 291.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 291.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 291.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 265.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 265.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 265.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 265.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 265.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 265.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 265.15 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 393.15 m 419.5 393.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 393.15 m 423.5 393.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 393.15 m 488.5 393.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 393.15 m 492.5 393.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 393.15 m 557.5 393.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 369.15 m 350.5 369.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 369.15 m 419.5 369.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 393.15 m 488.5 393.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 369.15 m 488.5 369.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 393.15 m 557.5 393.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 369.15 m 557.5 369.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 291.15 m 419.5 291.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 291.15 m 488.5 291.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 291.15 m 557.5 291.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 265.15 m 419.5 265.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 265.15 m 488.5 265.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 265.15 m 557.5 265.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 253.14999999999998 m 419.5 253.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 251.14999999999998 m 419.5 251.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 253.14999999999998 m 488.5 253.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 251.14999999999998 m 488.5 251.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 253.14999999999998 m 557.5 253.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 251.14999999999998 m 557.5 251.14999999999998 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 48.00 395.91 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.35 397.83 Td (April 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 373.82 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.75 373.83 Td (Cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.15 383.83 Td (Accumulated) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.85 373.83 Td (Amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.00 373.83 Td (Net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 359.88 Td (Intangible assets, with finite lives:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 416.00 358.91 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 485.00 358.91 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 554.00 358.91 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 346.72 Td (Customer relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 346.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 346.72 Td (412,094) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.00 346.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.80 346.77 Td (\(257,105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 346.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 346.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 346.72 Td (154,989) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 333.72 Td (Acquired technology) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 333.72 Td (235,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.80 333.77 Td (\(176,333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 333.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 333.72 Td (59,120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 320.72 Td (Trade names) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 320.72 Td (24,086) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 320.77 Td (\(15,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 320.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 320.72 Td (8,904) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 307.72 Td (Non-competition agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 307.72 Td (3,047) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 307.77 Td (\(2,590) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 307.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 307.72 Td (457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 294.72 Td (Distribution network) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 294.72 Td (4,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 294.77 Td (\(4,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 294.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 294.72 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 281.88 Td (Total intangible assets with finite lives) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.15 281.88 Td (679,120) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.80 281.93 Td (\(455,650) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 281.88 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.15 281.88 Td (223,470) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 268.72 Td (In-process research and development, with indefinite lives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 268.72 Td (1,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 268.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 268.72 Td (1,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 255.88 Td ( Total intangible assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.00 255.88 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.15 255.88 Td (680,220) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.00 255.88 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.80 255.93 Td (\(455,650) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 255.88 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.00 255.88 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.15 255.88 Td (224,570) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 240.65 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 194.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 194.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 194.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 194.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 194.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 194.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 194.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 168.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 168.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 168.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 168.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 168.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 168.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 168.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 142.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 142.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 142.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 142.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 142.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 142.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 142.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 116.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 116.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 116.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 116.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 116.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 116.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 116.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 90.15 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 90.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 90.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 90.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 90.15 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 90.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 90.15 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 217.14999999999998 m 419.5 217.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 217.14999999999998 m 423.5 217.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 217.14999999999998 m 488.5 217.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 217.14999999999998 m 492.5 217.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 217.14999999999998 m 557.5 217.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 194.14999999999998 m 350.5 194.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 194.14999999999998 m 419.5 194.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 194.14999999999998 m 488.5 194.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 194.14999999999998 m 557.5 194.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 116.14999999999998 m 419.5 116.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 116.14999999999998 m 488.5 116.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 116.14999999999998 m 557.5 116.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 90.14999999999998 m 419.5 90.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 78.14999999999998 m 419.5 78.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 76.14999999999998 m 419.5 76.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 90.14999999999998 m 488.5 90.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 78.14999999999998 m 488.5 78.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 76.14999999999998 m 488.5 76.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 90.14999999999998 m 557.5 90.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 78.14999999999998 m 557.5 78.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 76.14999999999998 m 557.5 76.14999999999998 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 48.00 219.91 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.95 220.88 Td (January 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 198.82 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.75 198.83 Td (Cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.15 207.88 Td (Accumulated) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.85 197.88 Td (Amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.00 198.83 Td (Net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 184.88 Td (Intangible assets, with finite lives:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 416.00 183.91 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 485.00 183.91 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 554.00 183.91 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 171.72 Td (Customer relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 171.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 171.72 Td (403,657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.00 171.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.80 171.77 Td (\(244,792) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 171.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 171.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 171.72 Td (158,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 158.72 Td (Acquired technology) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 158.72 Td (233,982) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.80 158.77 Td (\(168,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 158.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 158.72 Td (65,329) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 145.72 Td (Trade names) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 145.72 Td (23,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 145.77 Td (\(14,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 145.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 145.72 Td (9,306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 132.72 Td (Non-competition agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 132.72 Td (3,047) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 132.77 Td (\(2,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 132.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 132.72 Td (548) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 119.72 Td (Distribution network) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 119.72 Td (4,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 119.77 Td (\(4,329) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 119.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 119.72 Td (111) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 106.88 Td (Total intangible assets with finite lives) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.15 106.88 Td (668,619) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.80 106.93 Td (\(434,460) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 106.88 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.15 106.88 Td (234,159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 93.72 Td (In-process research and development, with indefinite lives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 93.72 Td (1,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 93.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 93.72 Td (1,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 80.88 Td ( Total intangible assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.00 80.88 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.15 80.88 Td (669,719) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.00 80.88 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.80 80.93 Td (\(434,460) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 80.88 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.00 80.88 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.15 80.88 Td (235,259) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 43 0 obj <>] /Rotate 0 /Contents 44 0 R>> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 742.10 Td (The following table presents net acquisition-related intangible assets by reportable segment as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.05 742.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.66 742.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 730.10 Td (January31, 2017:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 693.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 693.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 693.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 693.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 693.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 667.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 667.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 667.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 667.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 667.60 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 693.6 m 419.5 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 693.6 m 488.5 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 693.6 m 557.5 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 693.6 m 488.5 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 693.6 m 557.5 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 667.6 m 488.5 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 667.6 m 557.5 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 655.6 m 488.5 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 653.6 m 488.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 655.6 m 557.5 655.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 653.6 m 557.5 653.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.60 710.33 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.20 710.33 Td (January 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 697.17 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.50 697.33 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.50 697.33 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 684.17 Td (Customer Engagement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.00 684.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 684.17 Td (201,122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 684.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 684.17 Td (207,436) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 671.17 Td (Cyber Intelligence) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 671.17 Td (23,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 671.17 Td (27,823) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 658.33 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.00 658.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 658.33 Td (224,570) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.00 658.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.15 658.33 Td (235,259) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 643.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 631.10 Td (T) Tj ET Q q 0 0 0 rg BT 50.41 631.10 Td (otal amortization expense recorded for acquisition-related intangible assets was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.57 631.10 Td ($21.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.46 631.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.90 631.10 Td ($20.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.79 631.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 619.10 Td (the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.98 619.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.58 619.10 Td ( and 2016, respectively) Tj ET Q q 0 0 0 rg BT 290.68 619.10 Td (. ) Tj ET Q q 0 0 0 rg BT 298.00 619.10 Td (The reported amount of net acquisition-related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 607.10 Td (intangible assets can fluctuate from the impact of changes in foreign currency exchange rates on intangible assets not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 595.10 Td (denominated in U.S. dollars.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 571.10 Td (Estimated future amortization expense on finite-lived acquisition-related intangible assets is as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 534.60 443.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 534.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 534.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 508.60 443.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 508.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 508.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 482.60 443.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 482.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 482.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 456.60 443.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 456.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 456.60 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 534.6 m 488.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 534.6 m 557.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 534.6 m 557.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 456.6 m 557.5 456.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 456.6 m 557.5 456.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 444.6 m 557.5 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 442.6 m 557.5 442.6 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 551.17 Td (\(in thousands\)) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 554.00 550.36 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 538.33 Td (Years Ending January31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.95 538.33 Td (Amount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 525.17 Td (2018 \(remainder of year\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 525.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 525.17 Td (49,376) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 512.17 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 512.17 Td (43,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 499.17 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 499.17 Td (34,219) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 486.17 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 486.17 Td (25,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 473.17 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 473.17 Td (22,532) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 460.17 Td (2023 and thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 460.17 Td (48,086) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 447.33 Td ( Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.00 447.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.15 447.33 Td (223,470) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.25 432.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 420.10 Td (Goodwill activity for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.90 420.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.51 420.10 Td (, in total and by reportable segment, was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 371.60 274.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 371.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 371.60 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 371.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 371.60 71.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 371.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 371.60 71.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 345.60 274.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 345.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 345.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 345.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 345.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 345.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 345.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 317.60 274.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 317.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 317.60 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 317.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 317.60 71.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 317.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 317.60 71.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 291.60 274.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 291.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 291.60 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 291.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 291.60 71.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 291.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 291.60 71.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 265.60 274.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 265.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 265.60 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 265.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 265.60 71.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 265.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 265.60 71.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 45.50 239.60 274.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 239.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 239.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 239.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 239.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 239.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 239.60 71.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 395.6 m 469.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 395.6 m 473.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 395.6 m 544.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 371.6 m 319.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 371.6 m 393.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 371.6 m 469.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 395.6 m 544.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 371.6 m 544.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 330.6 m 393.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 330.6 m 469.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 330.6 m 544.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 291.6 m 393.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 291.6 m 469.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 291.6 m 544.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 291.6 m 393.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 279.6 m 393.5 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 277.6 m 393.5 277.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 291.6 m 469.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 279.6 m 469.5 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 277.6 m 469.5 277.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 291.6 m 544.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 279.6 m 544.5 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 277.6 m 544.5 277.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 224.60000000000002 m 393.5 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 224.60000000000002 m 469.5 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 224.60000000000002 m 544.5 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 224.60000000000002 m 393.5 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 212.60000000000002 m 393.5 212.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 210.60000000000002 m 393.5 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 224.60000000000002 m 469.5 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 212.60000000000002 m 469.5 212.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 210.60000000000002 m 469.5 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 224.60000000000002 m 544.5 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 212.60000000000002 m 544.5 212.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 210.60000000000002 m 544.5 210.60000000000002 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 400.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.00 400.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 400.28 Td (Reportable Segment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 376.27 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.05 376.28 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.45 386.28 Td (Customer) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.80 376.28 Td (Engagement) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.25 386.28 Td (Cyber) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.75 376.28 Td (Intelligence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 362.33 Td (Y) Tj ET Q q 0 0 0 rg BT 54.11 362.33 Td (ear) Tj ET Q q 0 0 0 rg BT 67.81 362.33 Td ( Ended January 31, 2017:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 349.17 Td (Goodwill, gross, at January31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 349.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 349.17 Td (1,331,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 349.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 349.17 Td (1,188,022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.00 349.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 349.17 Td (143,661) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 335.27 Td (Accumulated impairment losses through January31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.80 335.32 Td (\(66,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 335.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.80 335.32 Td (\(56,043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 335.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.80 335.32 Td (\(10,822) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 335.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 321.17 Td ( Goodwill, net, at January31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 321.17 Td (1,264,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 321.17 Td (1,131,979) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 321.17 Td (132,839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 308.17 Td (Business combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 308.17 Td (8,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 308.17 Td (8,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 308.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 295.17 Td (Foreign currency translation and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 295.17 Td (8,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 295.17 Td (8,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 295.22 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 295.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 282.33 Td ( Goodwill, net, at ) Tj ET Q q 0 0 0 rg BT 134.00 282.33 Td (April 30, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.00 282.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.65 282.33 Td (1,281,288) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.00 282.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.65 282.33 Td (1,148,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.00 282.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.15 282.33 Td (132,788) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 256.33 Td (Balance at ) Tj ET Q q 0 0 0 rg BT 94.67 256.33 Td (April 30, 2017:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.00 256.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 256.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 243.17 Td (Goodwill, gross, at April 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 243.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 243.17 Td (1,348,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 243.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 243.17 Td (1,204,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.00 243.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 243.17 Td (143,610) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.00 229.27 Td (Accumulated impairment losses through April 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.80 229.32 Td (\(66,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 229.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.80 229.32 Td (\(56,043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 229.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.80 229.32 Td (\(10,822) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 229.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 215.33 Td ( Goodwill, net, at ) Tj ET Q q 0 0 0 rg BT 134.00 215.33 Td (April 30, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.00 215.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.65 215.33 Td (1,281,288) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.00 215.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.65 215.33 Td (1,148,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.00 215.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.15 215.33 Td (132,788) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 191.10 Td (No events or circumstances indicating the potential for goodwill impairment were identified during the three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 179.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.83 179.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.43 179.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 143.10 Td (6. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 143.10 Td (LONG-TERM DEBT) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 156.61 143.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 119.10 Td (The following table summarizes our long-term debt at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.28 119.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.88 119.10 Td ( and January 31, 2017:) Tj ET Q endstream endobj 45 0 obj <>] /Rotate 0 /Contents 46 0 R>> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (17) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 718.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 718.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 718.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 718.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 718.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 692.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 692.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 692.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 692.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 692.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 666.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 666.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 666.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 666.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 666.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 640.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 640.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 640.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 640.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 640.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 614.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 614.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 614.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 614.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 614.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 718.5 m 424.5 718.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 718.5 m 493.5 718.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 718.5 m 562.5 718.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 718.5 m 424.5 718.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 718.5 m 493.5 718.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 718.5 m 562.5 718.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 640.5 m 493.5 640.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 640.5 m 562.5 640.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 640.5 m 493.5 640.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 627.5 m 493.5 627.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 640.5 m 562.5 640.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 627.5 m 562.5 627.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 627.5 m 562.5 627.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 614.5 m 562.5 614.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 614.5 m 493.5 614.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 602.5 m 493.5 602.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 600.5 m 493.5 600.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 614.5 m 562.5 614.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 602.5 m 562.5 602.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 600.5 m 562.5 600.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.60 738.18 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.20 738.18 Td (January 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 723.17 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 723.18 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 723.18 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 696.07 Td (1.50% Convertible Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 696.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 696.07 Td (400,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 696.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 696.07 Td (400,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 683.07 Td (February 2014 Term Loans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 683.07 Td (129,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 683.07 Td (130,060) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 670.07 Td (March 2014 Term Loans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 670.07 Td (278,261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 670.07 Td (278,978) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 657.07 Td (Other debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 657.07 Td (366) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 657.07 Td (404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 644.07 Td (Less: Unamortized debt discounts and issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 644.12 Td (\(57,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 644.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 644.12 Td (\(60,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 644.07 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 631.23 Td (Total debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 631.23 Td (750,885) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 526.15 631.23 Td (748,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 618.07 Td (Less: current maturities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 618.07 Td (4,573) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 618.07 Td (4,611) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 605.23 Td (Long-term debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 605.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 605.23 Td (746,312) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 605.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 526.15 605.23 Td (744,260) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.00 Td (Current maturities of long-term debt are reported within accrued expenses and other current liabilities on the condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.00 Td (consolidated balance sheet.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 542.00 Td (1.50% Convertible Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.00 Td (On June 18, 2014, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.21 518.00 Td ($400.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.10 518.00 Td ( in aggregate principal amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.61 518.00 Td (1.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.44 518.00 Td ( convertible senior notes \("Notes"\) due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.00 Td (June 1, 2021, unless earlier converted by the holders pursuant to their terms. Net proceeds from the Notes after underwriting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.00 Td (discounts were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.21 494.00 Td ($391.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.10 494.00 Td (. ) Tj ET Q q 0 0 0 rg BT 175.92 494.00 Td (The Notes pay interest in cash semiannually in arrears at a rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.98 494.00 Td (1.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.81 494.00 Td ( per annum. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.00 Td (The Notes were issued concurrently with our public issuance of 5,750,000 shares of common stock, the majority of the) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.00 Td (combined net proceeds of which were used to partially repay certain indebtedness under our Credit ) Tj ET Q q 0 0 0 rg BT 447.92 458.00 Td (Agreement, as further) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.00 Td (described below) Tj ET Q q 0 0 0 rg BT 114.60 446.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.00 Td (The Notes are unsecured and are convertible into, at our election, cash, shares of common stock, or a combination of both, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.00 Td (subject to satisfaction of specified conditions and during specified periods. If converted, we currently intend to pay cash in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.00 Td (respect of the principal amount of the Notes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.00 Td (The Notes have a conversion rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.88 374.00 Td (15.5129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.38 374.00 Td ( shares of common stock per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.58 374.00 Td ($1,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.08 374.00 Td ( principal amount of Notes, which represents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.00 Td (an ef) Tj ET Q q 0 0 0 rg BT 69.53 362.00 Td (fective conversion price of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.18 362.00 Td ($64.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.68 362.00 Td ( per share of common stock and would result in the issuance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.00 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 350.00 Td (6,205,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.26 350.00 Td ( shares if all of the Notes were converted. ) Tj ET Q q 0 0 0 rg BT 318.90 350.00 Td (The conversion rate has not changed since issuance of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.00 Td (Notes, although throughout the term of the Notes, the conversion rate may be adjusted upon the occurrence of certain events.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.00 Td (On or after December1, 2020 until the close of business on the second scheduled trading day immediately preceding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.00 Td (maturity date, holders may surrender their Notes for conversion regardless of whether any of the other specified conditions for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.00 Td (conversion have been satisfied.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.00 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.89 278.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.50 278.00 Td (, the Notes were not convertible.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.00 Td (In accordance with accounting guidance for convertible debt with a cash conversion option, we separately accounted for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.00 Td (debt and equity components of the Notes in a manner that reflected our estimated nonconvertible debt borrowing rate. ) Tj ET Q q 0 0 0 rg BT 523.83 242.00 Td (W) Tj ET Q q 0 0 0 rg BT 532.47 242.00 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.00 Td (estimated the debt and equity components of the Notes to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.11 230.00 Td ($319.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.00 230.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.44 230.00 Td ($80.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.33 230.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 478.99 230.00 Td (, at the issuance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.00 Td (date, assuming a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.87 218.00 Td (5.00%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.70 218.00 Td ( non-convertible borrowing rate. ) Tj ET Q q 0 0 0 rg BT 276.98 218.00 Td (The equity component was recorded as an increase to additional paid-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.00 Td (in capital. ) Tj ET Q q 0 0 0 rg BT 91.75 206.00 Td (The excess of the principal amount of the debt component over its carrying amount \(the "debt discount"\) is being ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.00 Td (amortized as interest expense over the term of the Notes using the ef) Tj ET Q q 0 0 0 rg BT 323.61 194.00 Td (fective interest method. ) Tj ET Q q 0 0 0 rg BT 420.06 194.00 Td (The equity component is not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.00 Td (remeasured as long as it continues to meet the conditions for equity classification.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.00 Td (Issuance costs attributable to the debt component of the Notes were netted against long-term debt and are being amortized as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.00 Td (interest expense over the term of the Notes, and issuance costs attributable to the equity component were netted with the equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.00 Td (component in additional paid-in capital. ) Tj ET Q q 0 0 0 rg BT 212.00 134.00 Td (The carrying amount of the equity component, net of issuance costs, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.81 134.00 Td ($78.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.70 134.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.00 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.17 122.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.77 122.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 98.00 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.89 98.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.50 98.00 Td (, the carrying value of the debt component was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.44 98.00 Td ($344.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.33 98.00 Td (, which is net of unamortized debt discount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 86.00 Td (and issuance costs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.65 86.00 Td ($50.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.54 86.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.98 86.00 Td ($4.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.87 86.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 311.53 86.00 Td (. Including the impact of the debt discount and related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 74.00 Td (deferred debt issuance costs, the ef) Tj ET Q q 0 0 0 rg BT 189.20 74.00 Td (fective interest rate on the Notes was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.68 74.00 Td (5.29%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.51 74.00 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.18 74.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.79 74.00 Td (.) Tj ET Q endstream endobj 47 0 obj <>] /Rotate 0 /Contents 48 0 R>> endobj 48 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Based on the closing market price of our common stock on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.00 742.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.61 742.10 Td (, the if-converted value of the Notes was less than the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (aggregate principal amount of the Notes.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Note Hedges and ) Tj ET Q q 0 0 0 rg BT 122.87 706.10 Td (W) Tj ET Q q 0 0 0 rg BT 131.02 706.10 Td (arrants) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (Concurrently with the issuance of the Notes, we entered into convertible note hedge transactions \(the "Note Hedges"\) and sold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (warrants \(the "W) Tj ET Q q 0 0 0 rg BT 117.70 670.10 Td (arrants"\). ) Tj ET Q q 0 0 0 rg BT 159.63 670.10 Td (The combination of the Note Hedges and the ) Tj ET Q q 0 0 0 rg BT 341.62 670.10 Td (W) Tj ET Q q 0 0 0 rg BT 350.26 670.10 Td (arrants serves to increase the ef) Tj ET Q q 0 0 0 rg BT 475.29 670.10 Td (fective initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (conversion price for the Notes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.85 658.10 Td ($75.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.35 658.10 Td ( per share. ) Tj ET Q q 0 0 0 rg BT 255.03 658.10 Td (The Note Hedges and ) Tj ET Q q 0 0 0 rg BT 344.27 658.10 Td (W) Tj ET Q q 0 0 0 rg BT 352.91 658.10 Td (arrants are each separate instruments from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (Notes.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Note Hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (Pursuant to the Note Hedges, we purchased call options on our common stock, under which we have the right to acquire from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (the counterparties up to approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.89 586.10 Td (6,205,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.89 586.10 Td ( shares of our common stock, subject to customary anti-dilution adjustments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.97 574.10 Td ($64.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.47 574.10 Td (, which equals the initial conversion price of the Notes. Our exercise rights under the Note Hedges generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (trigger upon conversion of the Notes and the Note Hedges terminate upon maturity of the Notes, or the first day the Notes are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (no longer outstanding. ) Tj ET Q q 0 0 0 rg BT 142.03 550.10 Td (The Note Hedges may be settled in cash, shares of our common stock, or a combination thereof, at our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (option, and are intended to reduce our exposure to potential dilution upon conversion of the Notes. ) Tj ET Q q 0 0 0 rg BT 446.94 538.10 Td (W) Tj ET Q q 0 0 0 rg BT 455.58 538.10 Td (e paid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.24 538.10 Td ($60.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.13 538.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (the Note Hedges, which was recorded as a reduction to additional paid-in capital. ) Tj ET Q q 0 0 0 rg BT 376.84 526.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.73 526.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.34 526.10 Td (, we had not purchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (any shares of our common stock under the Note Hedges.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (W) Tj ET Q q 0 0 0 rg BT 59.45 490.10 Td (arrants) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 466.10 Td (e sold the ) Tj ET Q q 0 0 0 rg BT 99.28 466.10 Td (W) Tj ET Q q 0 0 0 rg BT 107.92 466.10 Td (arrants to several counterparties. ) Tj ET Q q 0 0 0 rg BT 240.18 466.10 Td (The ) Tj ET Q q 0 0 0 rg BT 258.05 466.10 Td (W) Tj ET Q q 0 0 0 rg BT 266.68 466.10 Td (arrants provide the counterparties rights to acquire from us up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 454.10 Td (6,205,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.26 454.10 Td ( shares of our common stock at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.98 454.10 Td ($75.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.48 454.10 Td ( per share. ) Tj ET Q q 0 0 0 rg BT 389.17 454.10 Td (The ) Tj ET Q q 0 0 0 rg BT 407.04 454.10 Td (W) Tj ET Q q 0 0 0 rg BT 415.67 454.10 Td (arrants expire incrementally on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (series of expiration dates beginning in ) Tj ET Q q 0 0 0 rg BT 204.41 442.10 Td (August 2021. ) Tj ET Q q 0 0 0 rg BT 260.25 442.10 Td (At expiration, if the market price per share of our common stock exceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (the strike price of the ) Tj ET Q q 0 0 0 rg BT 137.29 430.10 Td (W) Tj ET Q q 0 0 0 rg BT 145.92 430.10 Td (arrants, we will be obligated to issue shares of our common stock having a value equal to such excess. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.87 418.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.50 418.10 Td (arrants could have a dilutive ef) Tj ET Q q 0 0 0 rg BT 199.88 418.10 Td (fect on net income per share to the extent that the market value of our common stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (exceeds the strike price of the ) Tj ET Q q 0 0 0 rg BT 171.43 406.10 Td (W) Tj ET Q q 0 0 0 rg BT 180.07 406.10 Td (arrants. Proceeds from the sale of the ) Tj ET Q q 0 0 0 rg BT 330.94 406.10 Td (W) Tj ET Q q 0 0 0 rg BT 339.58 406.10 Td (arrants were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.22 406.10 Td ($45.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.11 406.10 Td ( and were recorded as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (additional paid-in capital. ) Tj ET Q q 0 0 0 rg BT 154.41 394.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.31 394.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.91 394.10 Td (, no ) Tj ET Q q 0 0 0 rg BT 254.23 394.10 Td (W) Tj ET Q q 0 0 0 rg BT 262.87 394.10 Td (arrants had been exercised and all ) Tj ET Q q 0 0 0 rg BT 400.40 394.10 Td (W) Tj ET Q q 0 0 0 rg BT 409.04 394.10 Td (arrants remained outstanding.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (The Note Hedges and ) Tj ET Q q 0 0 0 rg BT 139.23 370.10 Td (W) Tj ET Q q 0 0 0 rg BT 147.87 370.10 Td (arrants both meet the requirements for classification within stockholders) Tj ET Q q 0 0 0 rg BT 439.82 370.10 Td ( equity) Tj ET Q q 0 0 0 rg BT 466.67 370.10 Td (, and their respective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (fair values are not remeasured and adjusted as long as these instruments continue to qualify for stockholders) Tj ET Q q 0 0 0 rg BT 485.24 358.10 Td ( equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (classification.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 77.69 322.10 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (In ) Tj ET Q q 0 0 0 rg BT 60.28 298.10 Td (April 201) Tj ET Q q 0 0 0 rg BT 98.52 298.10 Td (1, we entered into a credit agreement with our lenders, which was amended and restated in March 2013, and further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (amended in February) Tj ET Q q 0 0 0 rg BT 134.32 286.10 Td (, March, and June 2014 \(the "Credit ) Tj ET Q q 0 0 0 rg BT 279.76 286.10 Td (Agreement"\). ) Tj ET Q q 0 0 0 rg BT 336.42 286.10 Td (The Credit ) Tj ET Q q 0 0 0 rg BT 381.41 286.10 Td (Agreement, as amended and restated, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (provides for senior secured credit facilities, comprised of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.75 274.10 Td ($943.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.64 274.10 Td ( of term loans, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.68 274.10 Td ($300.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.57 274.10 Td ( was borrowed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (in February 2014 \(the "February 2014 ) Tj ET Q q 0 0 0 rg BT 204.42 262.10 Td (T) Tj ET Q q 0 0 0 rg BT 209.83 262.10 Td (erm Loans"\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.17 262.10 Td ($643.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.06 262.10 Td ( was borrowed in March 2014 \(the "March 2014 ) Tj ET Q q 0 0 0 rg BT 533.86 262.10 Td (T) Tj ET Q q 0 0 0 rg BT 539.27 262.10 Td (erm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (Loans"\), all of which matures in September 2019, and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.69 250.10 Td ($300.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.58 250.10 Td ( revolving credit facility maturing in September 2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (\(the "Revolving Credit Facility"\), subject to increase and reduction from time to time, as described in the Credit ) Tj ET Q q 0 0 0 rg BT 499.16 238.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.10 Td (Debt issuance and debt modification costs, as well as original issuance discounts, incurred in connection with the Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.10 Td (Agreement are deferred and amortized as adjustments to interest expense over the remaining contractual life of the associated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.10 Td (borrowing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.10 Td (The February 2014 ) Tj ET Q q 0 0 0 rg BT 128.96 170.10 Td (T) Tj ET Q q 0 0 0 rg BT 134.38 170.10 Td (erm Loans were borrowed in connection with our February 2014 acquisition of Kana Software, Inc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.10 Td (\(Kana\). ) Tj ET Q q 0 0 0 rg BT 91.46 158.10 Td (The March 2014 ) Tj ET Q q 0 0 0 rg BT 160.42 158.10 Td (T) Tj ET Q q 0 0 0 rg BT 165.83 158.10 Td (erm Loans were borrowed as part of a refinancing of previously outstanding amounts under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 76.94 146.10 Td (Agreement. In June 2014, we utilized the majority of the combined net proceeds from the issuance of the Notes and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.10 Td (concurrent issuance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.46 134.10 Td (5,750,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.46 134.10 Td ( shares of common stock to retire ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.26 134.10 Td ($530.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.15 134.10 Td ( of the February 2014 ) Tj ET Q q 0 0 0 rg BT 466.11 134.10 Td (T) Tj ET Q q 0 0 0 rg BT 471.52 134.10 Td (erm Loans and March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.10 Td (2014 ) Tj ET Q q 0 0 0 rg BT 72.32 122.10 Td (T) Tj ET Q q 0 0 0 rg BT 77.73 122.10 Td (erm Loans, and all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.65 122.10 Td ($106.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.54 122.10 Td ( of then-outstanding borrowings under the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 486.18 122.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.10 Td (The outstanding February 2014 ) Tj ET Q q 0 0 0 rg BT 178.13 100.10 Td (T) Tj ET Q q 0 0 0 rg BT 183.54 100.10 Td (erm Loans and March 2014 ) Tj ET Q q 0 0 0 rg BT 296.38 100.10 Td (T) Tj ET Q q 0 0 0 rg BT 301.79 100.10 Td (erm Loans incur interest at our option at either a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.28 100.10 Td (base rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.53 100.10 Td ( plus a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.10 Td (spread of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.43 88.10 Td (1.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.26 88.10 Td ( or an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.98 88.10 Td (Adjusted LIBOR Rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.41 88.10 Td (, as defined in the Credit ) Tj ET Q q 0 0 0 rg BT 329.66 88.10 Td (Agreement, plus a spread of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.62 88.10 Td (2.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.45 88.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.10 Td (As of ) Tj ET Q q 0 0 0 rg BT 73.89 66.10 Td (April 30, 2017, the weighted-average interest rate on both the February 2014 ) Tj ET Q q 0 0 0 rg BT 383.62 66.10 Td (T) Tj ET Q q 0 0 0 rg BT 389.03 66.10 Td (erm Loans and the March 2014 ) Tj ET Q q 0 0 0 rg BT 516.59 66.10 Td (T) Tj ET Q q 0 0 0 rg BT 522.00 66.10 Td (erm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 54.10 Td (Loans was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.99 54.10 Td (3.76%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.82 54.10 Td (. ) Tj ET Q q 0 0 0 rg BT 125.64 54.10 Td (T) Tj ET Q q 0 0 0 rg BT 131.05 54.10 Td (aking into account the impact of original issuance discounts, if any) Tj ET Q q 0 0 0 rg BT 397.83 54.10 Td (, and related deferred debt issuance ) Tj ET Q endstream endobj 49 0 obj <>] /Rotate 0 /Contents 50 0 R>> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (costs, the ef) Tj ET Q q 0 0 0 rg BT 97.30 742.10 Td (fective interest rates on the February 2014 ) Tj ET Q q 0 0 0 rg BT 268.45 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 273.86 742.10 Td (erm Loans and March 2014 ) Tj ET Q q 0 0 0 rg BT 386.70 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 392.11 742.10 Td (erm Loans were approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.29 742.10 Td (4.29%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.12 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 730.10 Td (3.84%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.77 730.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 145.43 730.10 Td (, at ) Tj ET Q q 0 0 0 rg BT 159.59 730.10 Td (April 30, 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 708.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 708.10 Td (e are required to pay a commitment fee equal to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.44 708.10 Td (0.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.27 708.10 Td ( per annum of the undrawn portion on the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 548.96 708.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 696.10 Td (payable quarterly) Tj ET Q q 0 0 0 rg BT 119.04 696.10 Td (, and customary administrative agent and letter of credit fees.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.10 Td (Debt issuance and debt modification costs, as well as original issuance discounts, incurred in connection with the Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.10 Td (Agreement are deferred and amortized as adjustments to interest expense over the remaining contractual life of the associated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (borrowing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.10 Td (The Credit ) Tj ET Q q 0 0 0 rg BT 94.99 628.10 Td (Agreement, contains certain customary af) Tj ET Q q 0 0 0 rg BT 261.68 628.10 Td (firmative and negative covenants for credit facilities of this type. ) Tj ET Q q 0 0 0 rg BT 522.80 628.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (Revolving Credit Facility also contains a financial covenant that requires us to maintain a ratio of Consolidated ) Tj ET Q q 0 0 0 rg BT 497.21 616.10 Td (T) Tj ET Q q 0 0 0 rg BT 502.62 616.10 Td (otal Debt to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (Consolidated EBITDA) Tj ET Q q 0 0 0 rg BT 141.38 604.10 Td ( \(each as defined in the Credit ) Tj ET Q q 0 0 0 rg BT 263.28 604.10 Td (Agreement\) of no greater than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.84 604.10 Td (4.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.34 604.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.11 604.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.11 604.10 Td (. ) Tj ET Q q 0 0 0 rg BT 426.93 604.10 Td (The limitations imposed by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (covenants are subject to certain exceptions as detailed in the Credit ) Tj ET Q q 0 0 0 rg BT 320.18 592.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 570.10 Td (e intend to seek to refinance the Credit ) Tj ET Q q 0 0 0 rg BT 215.25 570.10 Td (Agreement to, among other things, extend the maturities and modify certain terms of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.10 Td (the facilities provided for under the agreement. Completion of the refinancing, if successful, is expected to occur during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.10 Td (three months ending July 31, 2017.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 524.10 Td (Future Principal Payments on T) Tj ET Q q 0 0 0 rg BT 182.98 524.10 Td (erm Loans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (As of ) Tj ET Q q 0 0 0 rg BT 73.89 502.10 Td (April 30, 2017, future scheduled principal payments on the February 2014 ) Tj ET Q q 0 0 0 rg BT 373.36 502.10 Td (T) Tj ET Q q 0 0 0 rg BT 378.77 502.10 Td (erm Loans and March 2014 ) Tj ET Q q 0 0 0 rg BT 491.62 502.10 Td (T) Tj ET Q q 0 0 0 rg BT 497.03 502.10 Td (erm Loans are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (presented in the following table:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 443.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 443.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 443.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 443.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 443.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 417.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 417.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 417.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 417.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 417.60 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 443.6 m 424.5 443.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 443.6 m 493.5 443.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 443.6 m 562.5 443.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 443.6 m 424.5 443.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 404.6 m 493.5 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 404.6 m 562.5 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 392.6 m 493.5 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 390.6 m 493.5 390.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 392.6 m 562.5 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 390.6 m 562.5 390.6 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 462.27 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.20 470.33 Td (February ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 460.33 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 515.15 470.33 Td (Mar) Tj ET Q q 0 0 0 rg BT 533.85 470.33 Td (ch ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 460.33 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 448.28 Td (Years Ending January31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.70 448.28 Td (Term Loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.70 448.28 Td (Term Loans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 434.17 Td (2018 \(remainder of year\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 434.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 434.17 Td (1,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 434.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 434.17 Td (2,152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 421.17 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 421.17 Td (1,338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 421.17 Td (2,869) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 408.17 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 408.17 Td (127,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 408.17 Td (273,240) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 395.33 Td ( Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 395.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 395.33 Td (129,726) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 395.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 526.15 395.33 Td (278,261) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (Interest Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (The following table presents the components of interest expense incurred on the Notes and on borrowings under our Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (Agreement for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.06 334.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.67 334.10 Td ( and 2016:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 286.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 286.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 286.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 286.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 286.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 260.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 260.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 260.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 260.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 260.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 234.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 234.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 234.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 234.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 234.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 211.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 211.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 211.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 211.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 211.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 185.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 185.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 185.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 185.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 185.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 159.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 159.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 159.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 159.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 159.60 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 299.6 m 493.5 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 299.6 m 497.5 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 299.6 m 562.5 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 286.6 m 424.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 286.6 m 493.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 286.6 m 562.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 286.6 m 493.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 286.6 m 562.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 234.60000000000002 m 493.5 234.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 234.60000000000002 m 562.5 234.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 222.60000000000002 m 493.5 222.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 220.60000000000002 m 493.5 220.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 234.60000000000002 m 562.5 234.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 222.60000000000002 m 562.5 222.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 220.60000000000002 m 562.5 220.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 159.60000000000002 m 493.5 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 159.60000000000002 m 562.5 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 147.60000000000002 m 493.5 147.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 145.60000000000002 m 493.5 145.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 159.60000000000002 m 562.5 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 147.60000000000002 m 562.5 147.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 145.60000000000002 m 562.5 145.60000000000002 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 302.36 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 314.28 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.10 304.28 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 290.17 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 290.33 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 290.33 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 277.33 Td (1.50% Convertible Senior Notes:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 264.17 Td (Interest expense at 1.50% coupon rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 264.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 264.17 Td (1,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 264.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 264.17 Td (1,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 251.17 Td (Amortization of debt discount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 251.17 Td (2,756) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 251.17 Td (2,615) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 238.17 Td (Amortization of deferred debt issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 238.17 Td (260) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 238.17 Td (247) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 225.33 Td (Total Interest Expense - 1.50% Convertible Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 225.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 225.33 Td (4,516) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 225.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 225.33 Td (4,362) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 202.33 Td (Borrowings under Credit Agreement:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 189.17 Td (Interest expense at contractual rates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 189.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 189.17 Td (3,719) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 189.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 189.17 Td (3,597) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 176.17 Td (Amortization of debt discounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 176.17 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 176.17 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 163.17 Td (Amortization of deferred debt issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 163.17 Td (541) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 163.17 Td (541) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 150.33 Td (Total Interest Expense - Borrowings under Credit Agreement) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 150.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 150.33 Td (4,275) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 150.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 150.33 Td (4,152) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 101.10 Td (7. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 101.10 Td (SUPPLEMENT) Tj ET Q q 0 0 0 rg BT 134.12 101.10 Td (AL) Tj ET Q q 0 0 0 rg BT 146.53 101.10 Td ( CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 270.44 101.10 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 347.58 101.10 Td ( ST) Tj ET Q q 0 0 0 rg BT 361.20 101.10 Td (A) Tj ET Q q 0 0 0 rg BT 367.32 101.10 Td (TEMENT INFORMA) Tj ET Q q 0 0 0 rg BT 458.18 101.10 Td (TION ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 89.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 77.10 Td (Condensed Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 65.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 53.10 Td (Inventories consisted of the following as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.24 53.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.85 53.10 Td ( and January 31, 2017:) Tj ET Q endstream endobj 51 0 obj <>] /Rotate 0 /Contents 52 0 R>> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (20) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 722.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 722.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 722.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 722.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 722.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 696.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 696.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 696.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 696.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 696.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 722.5 m 424.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 722.5 m 493.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 722.5 m 562.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 722.5 m 493.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 722.5 m 562.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 683.5 m 493.5 683.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 683.5 m 562.5 683.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 683.5 m 493.5 683.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 671.5 m 493.5 671.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 669.5 m 493.5 669.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 683.5 m 562.5 683.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 671.5 m 562.5 671.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 669.5 m 562.5 669.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.60 739.23 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.20 739.23 Td (January 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 726.07 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 726.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 726.23 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 713.07 Td (Raw materials) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 713.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 713.07 Td (9,891) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 713.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 713.07 Td (9,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 700.07 Td (Work-in-process) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 700.07 Td (4,234) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 700.07 Td (4,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 687.07 Td (Finished goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 687.07 Td (4,024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 687.07 Td (4,108) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 674.23 Td ( ) Tj ET Q q 0 0 0 rg BT 60.32 674.23 Td (T) Tj ET Q q 0 0 0 rg BT 66.07 674.23 Td (otal inventories) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 674.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 674.23 Td (18,149) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 674.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 674.23 Td (17,537) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 647.00 Td (Condensed Consolidated Statements of Operations) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 635.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 623.00 Td (Other \(expense\) income, net consisted of the following for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.57 623.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.18 623.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.62 623.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.62 623.00 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 575.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 575.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 575.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 575.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 575.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 549.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 549.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 549.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 549.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 549.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 588.5 m 493.5 588.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 588.5 m 497.5 588.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 588.5 m 562.5 588.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 575.5 m 424.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 575.5 m 493.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 575.5 m 562.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 575.5 m 493.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 575.5 m 562.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 536.5 m 493.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 536.5 m 562.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 536.5 m 493.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 524.5 m 493.5 524.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 522.5 m 493.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 536.5 m 562.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 524.5 m 562.5 524.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 522.5 m 562.5 522.5 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 591.26 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 603.18 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.10 593.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 579.07 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 579.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 579.23 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 566.07 Td (Foreign currency \(losses\) gains, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 566.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 566.12 Td (\(424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 566.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 566.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 566.07 Td (5,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 553.07 Td (Losses on derivative financial instruments, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 553.12 Td (\(370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 553.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 553.12 Td (\(1,559) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 553.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 540.07 Td (Other, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 540.12 Td (\(1,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 540.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 540.12 Td (\(547) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 540.07 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 527.23 Td ( ) Tj ET Q q 0 0 0 rg BT 60.32 527.23 Td (T) Tj ET Q q 0 0 0 rg BT 66.07 527.23 Td (otal other) Tj ET Q q 0 0 0 rg BT 107.27 527.23 Td ( \(expense\) income, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 527.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.80 527.28 Td (\(1,889) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 527.23 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 527.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 527.23 Td (3,819) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 500.00 Td (Condensed Consolidated Statements of Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 488.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 476.00 Td (The following table provides supplemental information regarding our condensed consolidated cash flows for the three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 464.00 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 464.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.43 464.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.87 464.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.87 464.00 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 416.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 416.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 416.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 416.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 416.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 390.50 374.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 390.50 4.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 390.50 65.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 390.50 4.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 390.50 65.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 359.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 359.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 359.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 359.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 359.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 429.5 m 493.5 429.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 429.5 m 497.5 429.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 429.5 m 562.5 429.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 416.5 m 424.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 416.5 m 493.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 416.5 m 562.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 416.5 m 493.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 416.5 m 562.5 416.5 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 432.26 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 444.18 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.10 434.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 420.07 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 420.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 420.23 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 407.07 Td (Cash paid for interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 407.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 407.07 Td (3,962) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 407.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 407.07 Td (3,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 394.07 Td (Cash payments of income taxes, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 394.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 394.07 Td (9,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 394.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 394.07 Td (16,541) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 377.18 Td (Non-cash investing and financing transactions:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 375.26 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 363.07 Td (Accrued but unpaid purchases of property and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 363.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 363.07 Td (2,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 363.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 363.07 Td (3,642) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 350.07 Td (Inventory transfers to property and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 350.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 350.07 Td (225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 350.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 350.07 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 337.07 Td (Liabilities for contingent consideration in business combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 337.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 337.07 Td (1,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 337.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 337.07 Td (7,700) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 298.00 Td (8. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 298.00 Td (ST) Tj ET Q q 0 0 0 rg BT 79.49 298.00 Td (OCKHOLDERS) Tj ET Q q 0 0 0 rg BT 149.87 298.00 Td ( EQUITY) Tj ET Q q 0 0 0 rg BT 189.22 298.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.00 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 274.00 Td (Dividends on Common Stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 250.00 Td (e did not declare or pay any dividends on our common stock during the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.61 250.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.21 250.00 Td ( and 2016. Under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.00 Td (the terms of our Credit ) Tj ET Q q 0 0 0 rg BT 143.04 238.00 Td (Agreement, we are subject to certain restrictions on declaring and paying dividends on our common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.00 Td (stock.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 202.00 Td (Share Repurchase Program) Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 2.50 0 0 9.93 50.00 187.84 cm /I17 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.00 Td (On March 29, 2016, we announced that our board of directors had authorized a share repurchase program whereby we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.00 Td (make up to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.93 166.00 Td ($150.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.83 166.00 Td (in purchases of our outstanding shares of common stock over the two years following the date of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.00 Td (announcement. Under the share repurchase program, purchases can be made from time to time using a variety of methods, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.00 Td (which may include open market purchases. ) Tj ET Q q 0 0 0 rg BT 225.04 142.00 Td (The specific timing, price and size of purchases will depend on prevailing stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.00 Td (prices, general market and economic conditions, and other considerations, including the amount of cash generated in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.00 Td (and other potential uses of cash, such as acquisitions. Purchases may be made through a Rule 10b5-1 plan pursuant to pre-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.00 Td (determined metrics set forth in such plan. ) Tj ET Q q 0 0 0 rg BT 218.11 106.00 Td (The authorization of the share repurchase program does not obligate us to acquire any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.00 Td (particular amount of common stock, and the program may be suspended or discontinued at any time.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 70.00 Td (T) Tj ET Q q 0 0 0 rg BT 55.74 70.00 Td (reasury Stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.00 Td () Tj ET Q endstream endobj 53 0 obj <>] /Rotate 0 /Contents 54 0 R>> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Repurchased shares of common stock are recorded as treasury stock, at cost. ) Tj ET Q q 0 0 0 rg BT 358.04 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 366.68 742.10 Td (e periodically purchase treasury stock from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (directors, of) Tj ET Q q 0 0 0 rg BT 98.13 730.10 Td (ficers, and other employees to facilitate income tax withholding and payment requirements upon vesting of equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (awards.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 694.10 Td (e did not acquire any treasury stock during the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.89 694.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.50 694.10 Td (. During the three months ended ) Tj ET Q q 0 0 0 rg BT 518.81 694.10 Td (April 30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (2016, we acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.08 682.10 Td (500,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.58 682.10 Td ( shares of treasury stock at a cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.81 682.10 Td ($17.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.71 682.10 Td ( under the aforementioned share repurchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (program.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.95 646.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.56 646.10 Td ( and January 31, 2017, we held approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.73 646.10 Td (1,654,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.73 646.10 Td ( shares of treasury stock with a cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.52 646.10 Td ($57.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.41 646.10 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Accumulated Other Comprehensive Income \(Loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (Accumulated other comprehensive income \(loss\) includes items such as foreign currency translation adjustments and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (unrealized gains and losses on certain marketable securities and derivative financial instruments designated as hedges. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (Accumulated other comprehensive income \(loss\) is presented as a separate line item in the stockholders) Tj ET Q q 0 0 0 rg BT 467.45 574.10 Td ( equity section of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (condensed consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 209.67 562.10 Td (Accumulated other comprehensive income \(loss\) items have no impact on our net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (income \(loss\) as presented in our condensed consolidated statements of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (The following table summarizes changes in the components of our accumulated other comprehensive income \(loss\) by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (component for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.07 514.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.68 514.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 435.60 256.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 435.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 435.60 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 435.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 435.60 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 435.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 435.60 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 435.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 435.60 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 396.60 256.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 396.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 396.60 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 396.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 396.60 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 396.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 396.60 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 396.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 396.60 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 356.60 256.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 356.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 356.60 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 356.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 356.60 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 356.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 356.60 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 356.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 356.60 60.00 -24.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 435.6 m 306.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 435.6 m 370.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 435.6 m 434.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 435.6 m 498.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 435.6 m 562.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 435.6 m 370.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 411.6 m 370.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 435.6 m 434.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 411.6 m 434.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 411.6 m 498.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 411.6 m 562.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 371.6 m 370.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 371.6 m 434.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 371.6 m 498.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 371.6 m 562.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 356.6 m 370.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 371.6 m 434.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 356.6 m 434.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 371.6 m 498.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 356.6 m 498.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 371.6 m 562.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 356.6 m 562.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 333.6 m 370.5 333.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 331.6 m 370.5 331.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 333.6 m 434.5 333.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 331.6 m 434.5 331.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 333.6 m 498.5 333.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 331.6 m 498.5 331.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 333.6 m 562.5 333.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 331.6 m 562.5 331.6 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 440.27 Td (\(in thousands\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.05 494.05 Td (Unrealized) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.85 485.05 Td (Gains on) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.05 476.05 Td (Foreign) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.20 467.05 Td (Exchange) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.00 458.05 Td (Contracts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.60 449.05 Td (Designated as) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.00 440.05 Td (Hedges) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.05 485.05 Td (Unrealized) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.60 476.05 Td (Gain on) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.95 467.05 Td (Interest Rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.45 458.05 Td (Swap) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.60 449.05 Td (Designated as) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 440.05 Td (Hedge) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.05 467.05 Td (Foreign) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.55 458.05 Td (Currency) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.80 449.05 Td (Translation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.45 440.05 Td (Adjustments) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.15 440.05 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 426.28 Td (Accumulated other comprehensive income \(loss\) at) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 416.28 Td (January 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.00 416.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.65 416.28 Td (575) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.00 416.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.65 416.28 Td (632) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.00 416.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.80 416.33 Td (\(156,063) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.65 416.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.00 416.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 416.33 Td (\(154,856) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 416.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 401.27 Td (Other comprehensive income \(loss\) before reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 401.27 Td (3,753) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 401.32 Td (\(33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 401.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 401.27 Td (9,447) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 401.27 Td (13,167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 386.27 Td (Gains reclassified out of accumulated other comprehensive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 376.27 Td (income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 376.27 Td (829) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 376.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 376.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 376.27 Td (829) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 361.27 Td (Net other comprehensive income \(loss\), current period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 361.27 Td (2,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 361.32 Td (\(33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 361.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 361.27 Td (9,447) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 361.27 Td (12,338) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 347.28 Td (Accumulated other comprehensive income \(loss\) at April) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 337.28 Td (30, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.00 337.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.15 337.28 Td (3,499) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.00 337.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.65 337.28 Td (599) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.00 337.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.80 337.33 Td (\(146,616) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.65 337.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.00 337.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 337.33 Td (\(142,518) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 337.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.10 Td (All amounts presented in the table above are net of income taxes, if applicable. ) Tj ET Q q 0 0 0 rg BT 370.54 309.10 Td (The accumulated net losses in foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.10 Td (translation adjustments primarily reflect the strengthening of the U.S. dollar against the British pound sterling, which has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.10 Td (resulted in lower U.S. dollar) Tj ET Q q 0 0 0 rg BT 163.11 285.10 Td (-translated balances of British pound sterling-denominated goodwill and intangible assets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.10 Td (The amounts reclassified out of accumulated other comprehensive income \(loss\) into the condensed consolidated statement of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.10 Td (operations, with presentation location, for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.65 249.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.26 249.10 Td ( and 2016 were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 201.60 202.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 201.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 201.60 65.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 201.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 201.60 65.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 201.60 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 201.60 168.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 162.60 202.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 162.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 162.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 162.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 162.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 162.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 162.60 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 136.60 202.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 136.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 136.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 136.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 136.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 136.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 136.60 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 110.60 202.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 110.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 110.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 110.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 110.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 110.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 110.60 168.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 214.60000000000002 m 320.5 214.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 214.60000000000002 m 324.5 214.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 214.60000000000002 m 389.5 214.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 201.60000000000002 m 251.5 201.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 201.60000000000002 m 320.5 201.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 201.60000000000002 m 389.5 201.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 201.60000000000002 m 561.5 201.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 201.60000000000002 m 251.5 201.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 123.60000000000002 m 320.5 123.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 123.60000000000002 m 389.5 123.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 110.60000000000002 m 320.5 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 110.60000000000002 m 389.5 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 110.60000000000002 m 320.5 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 95.60000000000002 m 320.5 95.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 110.60000000000002 m 389.5 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 95.60000000000002 m 389.5 95.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 83.60000000000002 m 320.5 83.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 81.60000000000002 m 320.5 81.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 83.60000000000002 m 389.5 83.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 81.60000000000002 m 389.5 81.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.50 229.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 292.99 229.28 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.10 219.28 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 205.17 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 277.50 205.33 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 205.33 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.10 205.33 Td (Location) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 192.28 Td (Unrealized gains on derivative financial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 182.28 Td (instruments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 167.27 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 167.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.65 167.27 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 167.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.65 167.27 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 167.27 Td (Cost of product revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.65 153.17 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.65 153.17 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 153.17 Td (Cost of service and support revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 140.17 Td (482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 140.17 Td (334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 140.17 Td (Research and development, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 127.17 Td (278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 127.17 Td (172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 127.17 Td (Selling, general and administrative) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.65 114.33 Td (921) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.65 114.33 Td (606) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.00 114.33 Td (Total, before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 100.32 Td (\(92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.65 100.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.30 100.32 Td (\(61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 100.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 100.27 Td (Provision for income taxes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.00 86.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.65 86.33 Td (829) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.00 86.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.65 86.33 Td (545) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.00 86.33 Td (Total, net of income taxes) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 55 0 obj <>] /Rotate 0 /Contents 56 0 R>> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (22) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (9. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 742.25 Td (INCOME T) Tj ET Q q 0 0 0 rg BT 116.62 742.25 Td (AXES) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 142.19 742.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Our interim \(benefit\) provision for income taxes is measured using an estimated annual ef) Tj ET Q q 0 0 0 rg BT 409.43 718.25 Td (fective income tax rate, adjusted for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (discrete items that occur within the periods presented. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (For the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.37 682.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.98 682.25 Td (, we recorded an income tax benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.29 682.25 Td ($0.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.19 682.25 Td ( on a pre-tax loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.83 682.25 Td ($19.9 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 670.25 Td (, which represented an ef) Tj ET Q q 0 0 0 rg BT 178.94 670.25 Td (fective income tax rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.61 670.25 Td (4.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.44 670.25 Td (. ) Tj ET Q q 0 0 0 rg BT 309.26 670.25 Td (The income tax benefit does not include income tax benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (on losses incurred by certain domestic and foreign operations where we maintain valuation allowances. Our pre-tax losses in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (domestic and foreign jurisdictions where we maintain valuation allowances and do not record tax benefits were significantly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (higher than the pre-tax loss in jurisdictions where we record a tax benefit. ) Tj ET Q q 0 0 0 rg BT 346.94 634.25 Td (W) Tj ET Q q 0 0 0 rg BT 355.58 634.25 Td (e also recorded a discrete income tax benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td ($0.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.89 622.25 Td ( for the adjustment of certain unrecognized tax benefits mainly due to an audit settlement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (For the three months ended ) Tj ET Q q 0 0 0 rg BT 161.37 598.25 Td (April30, 2016, we recorded an income tax provision of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.31 598.25 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.20 598.25 Td ( on a pre-tax loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.85 598.25 Td ($\(15.9\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 586.25 Td (, which represented a negative ef) Tj ET Q q 0 0 0 rg BT 210.31 586.25 Td (fective income tax rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.98 586.25 Td (2.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.81 586.25 Td (. ) Tj ET Q q 0 0 0 rg BT 343.13 586.25 Td (The income tax provision does not include income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (benefits on losses incurred by certain domestic and foreign operations where we maintain valuation allowances and is mainly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (the result of the activities of profitable jurisdictions. Our pre-tax losses in domestic and foreign jurisdictions where we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (maintain valuation allowances and do not record tax benefits were significantly higher than the pre-tax income in our profitable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (jurisdictions where we record a tax provision.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (As required by the authoritative guidance on accounting for income taxes, we evaluate the realizability of deferred income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (assets on a jurisdictional basis at each reporting date.) Tj ET Q q 0 0 0 rg BT 263.83 502.25 Td (Accounting guidance for income taxes requires that a valuation allowance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (be established when it is more-likely-than-not that all or a portion of the deferred income tax assets will not be realized. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (circumstances where there is suf) Tj ET Q q 0 0 0 rg BT 179.77 478.25 Td (ficient negative evidence indicating that the deferred income tax assets are not more-likely-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (than-not realizable, we establish a valuation allowance. ) Tj ET Q q 0 0 0 rg BT 273.34 466.25 Td (W) Tj ET Q q 0 0 0 rg BT 281.98 466.25 Td (e determined that there is suf) Tj ET Q q 0 0 0 rg BT 397.59 466.25 Td (ficient negative evidence to maintain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (valuation allowances against our federal and certain state and foreign deferred income tax assets as a result of historical losses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (in the most recent three-year period in the U.S. and in certain foreign jurisdictions. ) Tj ET Q q 0 0 0 rg BT 382.77 442.25 Td (W) Tj ET Q q 0 0 0 rg BT 391.41 442.25 Td (e intend to maintain valuation allowances ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (until suf) Tj ET Q q 0 0 0 rg BT 82.88 430.25 Td (ficient positive evidence exists to support a reversal. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 406.25 Td (e had unrecognized income tax benefits of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.51 406.25 Td ($150.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.40 406.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.84 406.25 Td ($148.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.73 406.25 Td ( \(excluding interest and penalties\) as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.61 394.25 Td ( and January31, 2017, respectively) Tj ET Q q 0 0 0 rg BT 249.31 394.25 Td (.) Tj ET Q q 0 0 0 rg BT 254.13 394.25 Td (The accrued liability for interest and penalties was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.49 394.25 Td ($4.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.38 394.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.82 394.25 Td ($3.9 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 382.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.56 382.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.17 382.25 Td ( and January31, 2017, respectively) Tj ET Q q 0 0 0 rg BT 289.86 382.25 Td (. Interest and penalties are recorded as a component of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (provision for income taxes in our condensed consolidated statements of operations. ) Tj ET Q q 0 0 0 rg BT 387.42 370.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.31 370.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.92 370.25 Td ( and January31, 2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (the total amount of unrecognized income tax benefits that, if recognized, would impact our ef) Tj ET Q q 0 0 0 rg BT 423.58 358.25 Td (fective income tax rate were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 346.25 Td ($145.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.15 346.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.59 346.25 Td ($143.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.48 346.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 300.14 346.25 Td (. ) Tj ET Q q 0 0 0 rg BT 304.96 346.25 Td (W) Tj ET Q q 0 0 0 rg BT 313.60 346.25 Td (e regularly assess the adequacy of our provisions for income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (tax contingencies in accordance with the applicable authoritative guidance on accounting for income taxes. ) Tj ET Q q 0 0 0 rg BT 480.11 334.25 Td (As a result, we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (adjust the reserves for unrecognized income tax benefits for the impact of new facts and developments, such as changes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (interpretations of relevant tax law) Tj ET Q q 0 0 0 rg BT 184.30 310.25 Td (, assessments from taxing authorities, settlements with taxing authorities, and lapses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (statutes of limitation.Further) Tj ET Q q 0 0 0 rg BT 166.25 298.25 Td (, we believe that it is reasonably possible that the total amount of unrecognized income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (benefits at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.32 286.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.93 286.25 Td ( could decrease by approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.82 286.25 Td ($3.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.71 286.25 Td ( in the next twelve months as a result of settlement of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (certain tax audits or lapses of statutes of limitation.Such decreases may involve the payment of additional income taxes, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (adjustment of deferred income taxes including the need for additional valuation allowances, and the recognition of income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (benefits. Our income tax returns are subject to ongoing tax examinations in several jurisdictions in which we operate.) Tj ET Q q 0 0 0 rg BT 524.41 250.25 Td (W) Tj ET Q q 0 0 0 rg BT 533.05 250.25 Td (e also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (believe that it is reasonably possible that new issues may be raised by tax authorities or developments in tax audits may occur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (which would require increases or decreases to the balance of reserves for unrecognized income tax benefits; however) Tj ET Q q 0 0 0 rg BT 518.29 226.25 Td (, an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (estimate of such changes cannot reasonably be made.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (10. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 166.25 Td (F) Tj ET Q q 0 0 0 rg BT 73.75 166.25 Td (AIR V) Tj ET Q q 0 0 0 rg BT 99.41 166.25 Td (ALUE MEASUREMENTS) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 211.39 166.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (Assets and Liabilities Measured at Fair V) Tj ET Q q 0 0 0 rg BT 220.02 142.25 Td (alue on a Recurring Basis) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (Our assets and liabilities measured at fair value on a recurring basis consisted of the following as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.44 118.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.05 118.25 Td ( and January ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (31, 2017:) Tj ET Q endstream endobj 57 0 obj <>] /Rotate 0 /Contents 58 0 R>> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (23) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 708.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 708.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 708.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 708.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 708.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 708.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 708.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 682.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 682.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 682.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 682.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 682.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 682.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 682.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 656.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 656.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 656.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 656.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 656.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 656.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 656.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 630.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 630.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 630.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 630.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 630.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 630.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 630.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 604.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 604.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 604.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 604.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 604.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 604.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 604.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 578.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 578.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 578.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 578.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 578.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 578.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 578.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 734.5 m 424.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 734.5 m 428.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 734.5 m 493.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 734.5 m 497.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 734.5 m 562.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 721.5 m 424.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 721.5 m 428.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 721.5 m 493.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 721.5 m 497.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 721.5 m 562.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 708.5 m 355.5 708.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 708.5 m 424.5 708.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 708.5 m 493.5 708.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 708.5 m 562.5 708.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 656.5 m 424.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 656.5 m 493.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 656.5 m 562.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 656.5 m 424.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 644.5 m 424.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 642.5 m 424.5 642.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 656.5 m 493.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 644.5 m 493.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 642.5 m 493.5 642.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 656.5 m 562.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 644.5 m 562.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 642.5 m 562.5 642.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 578.5 m 424.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 578.5 m 493.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 578.5 m 562.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 578.5 m 424.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 566.5 m 424.5 566.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 564.5 m 424.5 564.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 578.5 m 493.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 566.5 m 493.5 566.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 564.5 m 493.5 564.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 578.5 m 562.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 566.5 m 562.5 566.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 564.5 m 562.5 564.5 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 737.26 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.35 739.18 Td (April 30, 2017) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 724.26 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.15 725.23 Td (Fair Value Hierarchy Category) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 712.07 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.05 712.23 Td (Level 1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.05 712.23 Td (Level 2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.05 712.23 Td (Level 3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 699.23 Td (Assets:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 421.00 698.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 698.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 698.26 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 686.07 Td (Money market funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 686.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 686.07 Td (176) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 686.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 686.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 686.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 686.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 673.07 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 673.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 673.07 Td (3,911) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 673.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 660.07 Td (Interest rate swap agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 660.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 660.07 Td (1,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 660.07 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.00 647.23 Td (Total assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.00 647.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.65 647.23 Td (176) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 647.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 647.23 Td (5,037) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 647.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 647.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 634.23 Td (Liabilities:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 421.00 633.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 633.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 633.26 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 621.07 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 621.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 621.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 621.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 621.07 Td (1,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 621.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 621.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 608.07 Td (Interest rate swap agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 608.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 608.07 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 608.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 595.07 Td (Contingent consideration - business combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 595.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 595.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 595.07 Td (55,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 582.07 Td (Option to acquire noncontrolling interests of consolidated subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 582.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 582.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 582.07 Td (3,750) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.00 569.23 Td (Total liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.00 569.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.65 569.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 569.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 569.23 Td (1,208) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 569.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 569.23 Td (59,499) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.00 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 504.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 504.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 504.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 504.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 504.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 504.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 504.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 478.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 478.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 478.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 478.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 478.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 478.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 478.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 452.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 452.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 452.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 452.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 452.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 452.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 452.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 426.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 426.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 426.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 426.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 426.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 426.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 426.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 400.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 400.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 400.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 400.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 400.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 400.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 400.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 374.50 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 374.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 374.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 374.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 374.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 374.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 374.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 530.5 m 424.5 530.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 530.5 m 428.5 530.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 530.5 m 493.5 530.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 530.5 m 497.5 530.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 530.5 m 562.5 530.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 517.5 m 424.5 517.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 517.5 m 428.5 517.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 517.5 m 493.5 517.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 517.5 m 497.5 517.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 517.5 m 562.5 517.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 504.5 m 355.5 504.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 504.5 m 424.5 504.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 504.5 m 493.5 504.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 504.5 m 562.5 504.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 452.5 m 424.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 452.5 m 493.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 452.5 m 562.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 452.5 m 424.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 440.5 m 424.5 440.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 438.5 m 424.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 452.5 m 493.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 440.5 m 493.5 440.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 438.5 m 493.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 452.5 m 562.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 440.5 m 562.5 440.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 438.5 m 562.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 374.5 m 424.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 374.5 m 493.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 374.5 m 562.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 374.5 m 424.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 362.5 m 424.5 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 360.5 m 424.5 360.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 374.5 m 493.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 362.5 m 493.5 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 360.5 m 493.5 360.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 374.5 m 562.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 362.5 m 562.5 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 360.5 m 562.5 360.5 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 533.26 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.95 534.23 Td (January 31, 2017) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 520.26 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.15 521.23 Td (Fair Value Hierarchy Category) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 508.07 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.05 508.23 Td (Level 1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.05 508.23 Td (Level 2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.05 508.23 Td (Level 3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 495.23 Td (Assets:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 421.00 494.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 494.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 494.26 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 482.07 Td (Money market funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 482.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 482.07 Td (175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 482.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 482.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 482.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 482.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 469.07 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 469.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 469.07 Td (1,646) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 469.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 456.07 Td (Interest rate swap agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 456.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 456.07 Td (1,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 456.07 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.00 443.23 Td (Total assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.00 443.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.65 443.23 Td (175) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 443.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 443.23 Td (3,075) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 443.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 443.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 430.23 Td (Liabilities:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 421.00 429.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 429.26 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 429.26 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 417.07 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 417.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 417.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 417.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 417.07 Td (1,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 417.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 417.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 404.07 Td (Interest rate swap agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 404.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 404.07 Td (408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 404.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 391.07 Td (Contingent consideration - business combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 391.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 391.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 391.07 Td (52,733) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 378.07 Td (Option to acquire noncontrolling interests of consolidated subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 378.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 378.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 378.07 Td (3,550) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.00 365.23 Td (Total liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.00 365.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.65 365.23 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 365.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 365.23 Td (1,654) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 365.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 365.23 Td (56,283) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.00 Td (The following table presents the changes in the estimated fair values of our liabilities for contingent consideration measured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.00 Td (using significant unobservable inputs \(Level3\)for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.21 326.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.81 326.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.25 326.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.25 326.00 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 278.50 362.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 278.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 278.50 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 278.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 278.50 66.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 252.50 362.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 252.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 252.50 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 252.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 252.50 66.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 226.50 362.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 226.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 226.50 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 226.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 226.50 66.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 291.5 m 486.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 291.5 m 490.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 291.5 m 556.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 278.5 m 412.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 278.5 m 486.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 291.5 m 556.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 278.5 m 556.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 278.5 m 486.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 278.5 m 556.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 213.5 m 486.5 213.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 213.5 m 556.5 213.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 201.5 m 486.5 201.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 199.5 m 486.5 199.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 201.5 m 556.5 201.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 199.5 m 556.5 199.5 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 294.26 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.50 306.18 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.10 296.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 282.07 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.00 282.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 513.00 282.23 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 269.07 Td (Fair value measurement at beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 269.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 269.07 Td (52,733) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 269.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 269.07 Td (22,391) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 256.07 Td (Contingent consideration liabilities recorded for business combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 256.07 Td (1,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 256.07 Td (7,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 243.07 Td (Changes in fair values, recorded in operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 243.07 Td (3,479) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 243.07 Td (702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 230.07 Td (Payments of contingent consideration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 230.12 Td (\(2,363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 230.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 230.12 Td (\(2,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 230.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 217.07 Td (Foreign currency translation and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 217.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 217.07 Td (96) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 204.23 Td (Fair value measurement at end of period) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.00 204.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 204.23 Td (55,749) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.00 204.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.15 204.23 Td (27,933) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.00 Td (Our estimated liability for contingent consideration represents potential payments of additional consideration for business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.00 Td (combinations, payable if certain defined performance goals are achieved. Changes in fair value of contingent consideration are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.00 Td (recorded in the condensed consolidated statements of operations within selling, general and administrative expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.00 Td (During the year ended January 31, 2017, we acquired two majority owned subsidiaries for which we hold an option to acquire ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.00 Td (the noncontrolling interests. ) Tj ET Q q 0 0 0 rg BT 164.24 117.00 Td (W) Tj ET Q q 0 0 0 rg BT 172.88 117.00 Td (e account for the option as an in-substance investment in the noncontrolling common stock of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.00 Td (each such subsidiary) Tj ET Q q 0 0 0 rg BT 132.10 105.00 Td (. ) Tj ET Q q 0 0 0 rg BT 136.92 105.00 Td (W) Tj ET Q q 0 0 0 rg BT 145.56 105.00 Td (e include the fair value of the option within other liabilities and do not recognize noncontrolling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.00 Td (interests in these subsidiaries. ) Tj ET Q q 0 0 0 rg BT 171.19 93.00 Td (The following table presents the change in the estimated fair value of this liability) Tj ET Q q 0 0 0 rg BT 497.94 93.00 Td (, which is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.00 Td (measured using Level3 inputs, for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.33 81.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.94 81.00 Td ( and 2016:) Tj ET Q endstream endobj 59 0 obj <>] /Rotate 0 /Contents 60 0 R>> endobj 60 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (24) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 709.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 709.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 709.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 709.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 709.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 683.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 683.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 683.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 683.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 683.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 724.5 m 492.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 724.5 m 496.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 724.5 m 561.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 709.5 m 423.5 709.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 709.5 m 492.5 709.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 724.5 m 561.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 709.5 m 561.5 709.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 709.5 m 423.5 709.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 709.5 m 492.5 709.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 709.5 m 561.5 709.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 670.5 m 492.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 670.5 m 561.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 658.5 m 492.5 658.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 656.5 m 492.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 658.5 m 561.5 658.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 656.5 m 561.5 656.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.50 739.18 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.10 729.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 714.17 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 714.18 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.50 714.18 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 700.07 Td (Fair value measurement at beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 700.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 700.07 Td (3,550) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 700.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 700.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 687.07 Td (Acquisition of option to acquire noncontrolling interests of consolidated subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 687.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 687.07 Td (3,134) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 674.07 Td (Change in fair value, recorded in operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 674.07 Td (200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 674.07 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 661.23 Td (Fair value measurement at end of period) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.00 661.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.15 661.23 Td (3,750) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.00 661.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.15 661.23 Td (3,134) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.00 Td (There were no transfers between levels of the fair value measurement hierarchy during the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.54 634.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 634.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.00 Td (and 2016.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 598.00 Td (Fair V) Tj ET Q q 0 0 0 rg BT 76.40 598.00 Td (alue Measurements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.00 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 574.00 Td (Money Market Funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.08 574.00 Td ( - ) Tj ET Q q 0 0 0 rg BT 144.23 574.00 Td (W) Tj ET Q q 0 0 0 rg BT 152.87 574.00 Td (e value our money market funds using quoted active market prices for such funds.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 550.00 Td (Short-term Investments and Commer) Tj ET Q q 0 0 0 rg BT 197.11 550.00 Td (cial Paper - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.37 550.00 Td (The fair values of short-term investments, as well as commercial paper ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.00 Td (classified as cash equivalents, are estimated using observable market prices for identical securities that are traded in less-active ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.00 Td (markets, if available. ) Tj ET Q q 0 0 0 rg BT 136.17 526.00 Td (When observable market prices for identical securities are not available, we value these short-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.00 Td (investments using non-binding market price quotes from brokers which we review for reasonableness using observable market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.00 Td (data; quoted market prices for similar instruments; or pricing models, such as a discounted cash flow model.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 478.00 Td (For) Tj ET Q q 0 0 0 rg BT 64.63 478.00 Td (eign Curr) Tj ET Q q 0 0 0 rg BT 103.43 478.00 Td (ency Forwar) Tj ET Q q 0 0 0 rg BT 154.43 478.00 Td (d Contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.38 478.00 Td ( - ) Tj ET Q q 0 0 0 rg BT 209.53 478.00 Td (The estimated fair value of foreign currency forward contracts is based on quotes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.00 Td (received from the counterparties thereto.) Tj ET Q q 0 0 0 rg BT 214.74 466.00 Td (These quotes are reviewed for reasonableness by discounting the future estimated cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.00 Td (flows under the contracts, considering the terms and maturities of the contracts and market foreign currency exchange rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.00 Td (using readily observable market prices for similar contracts.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 418.00 Td (Inter) Tj ET Q q 0 0 0 rg BT 69.07 418.00 Td (est Rate Swap ) Tj ET Q q 0 0 0 rg BT 127.49 418.00 Td (Agr) Tj ET Q q 0 0 0 rg BT 142.12 418.00 Td (eement - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.76 418.00 Td (The fair value of our interest rate swap agreement is based in part on data received from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.00 Td (counterparty) Tj ET Q q 0 0 0 rg BT 99.88 406.00 Td (, and represents the estimated amount we would receive or pay to settle the agreement, taking into consideration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.00 Td (current and projected future interest rates as well as the creditworthiness of the parties, all of which can be validated through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.00 Td (readily observable data from external sources.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.00 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 358.00 Td (Contingent Consideration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.67 358.00 Td (-) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 160.00 358.00 Td ( Business Combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.12 358.00 Td ( - ) Tj ET Q q 0 0 0 rg BT 264.27 358.00 Td (The fair value of the contingent consideration related to business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.00 Td (combinations is estimated using a probability-adjusted discounted cash flow model. ) Tj ET Q q 0 0 0 rg BT 387.26 346.00 Td (These fair value measurements are based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.00 Td (on significant inputs not observable in the market.) Tj ET Q q 0 0 0 rg BT 252.83 334.00 Td (The key internally developed assumptions used in these models are discount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.00 Td (rates and the probabilities assigned to the milestones to be achieved. ) Tj ET Q q 0 0 0 rg BT 325.30 322.00 Td (W) Tj ET Q q 0 0 0 rg BT 333.94 322.00 Td (e remeasure the fair value of the contingent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.00 Td (consideration at each reporting period, and any changes in fair value resulting from either the passage of time or events ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.00 Td (occurring after the acquisition date, such as changes in discount rates, or in the expectations of achieving the performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.00 Td (tar) Tj ET Q q 0 0 0 rg BT 60.37 286.00 Td (gets, are recorded within selling, general, and administrative expenses. Increases or decreases in discount rates would have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.00 Td (inverse impacts on the related fair value measurements, while favorable or unfavorable changes in expectations of achieving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.00 Td (performance tar) Tj ET Q q 0 0 0 rg BT 113.39 262.00 Td (gets would result in corresponding increases or decreases in the related fair value measurements. ) Tj ET Q q 0 0 0 rg BT 502.23 262.00 Td (W) Tj ET Q q 0 0 0 rg BT 510.87 262.00 Td (e utilized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.00 Td (discount rates ranging from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.75 250.00 Td (3.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.58 250.00 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.36 250.00 Td (20.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.19 250.00 Td ( in our calculations of the estimated fair values of our contingent consideration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.00 Td (liabilities as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.83 238.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.43 238.00 Td ( and January 31, 2017. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 214.00 Td (Option to ) Tj ET Q q 0 0 0 rg BT 90.38 214.00 Td (Acquir) Tj ET Q q 0 0 0 rg BT 117.22 214.00 Td (e Noncontr) Tj ET Q q 0 0 0 rg BT 161.57 214.00 Td (olling Inter) Tj ET Q q 0 0 0 rg BT 206.47 214.00 Td (ests of Consolidated Subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.53 214.00 Td ( - ) Tj ET Q q 0 0 0 rg BT 347.68 214.00 Td (The fair value of the option is determined primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.00 Td (by using the income approach, which discounts expected future cash flows to present value using estimates and assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.00 Td (determined by management. ) Tj ET Q q 0 0 0 rg BT 165.89 190.00 Td (This fair value measurement is based upon significant inputs not observable in the market.) Tj ET Q q 0 0 0 rg BT 529.78 190.00 Td (W) Tj ET Q q 0 0 0 rg BT 538.42 190.00 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.00 Td (remeasure the fair value of the option at each reporting period, and any changes in fair value are recorded within selling, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.00 Td (general, and administrative expenses. ) Tj ET Q q 0 0 0 rg BT 201.99 166.00 Td (W) Tj ET Q q 0 0 0 rg BT 210.63 166.00 Td (e utilized a discount rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.69 166.00 Td (14.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.52 166.00 Td ( in our calculation of the estimated fair value of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.00 Td (option as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.17 154.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.77 154.00 Td ( and January 31, 2017, respectively) Tj ET Q q 0 0 0 rg BT 298.47 154.00 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 130.00 Td (Other Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.00 Td (The carrying amounts of accounts receivable, accounts payable, and accrued liabilities and other current liabilities approximate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.00 Td (fair value due to their short maturities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.00 Td (The estimated fair values of our term loan borrowings were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.47 70.00 Td ($410 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.87 70.00 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.53 70.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.14 70.00 Td ( and January 31, 2017, respectively) Tj ET Q q 0 0 0 rg BT 552.84 70.00 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.00 Td (The estimated fair values of the term loans are based upon indicative bid and ask prices as determined by the agent responsible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 46.00 Td (for the syndication of our term loans. ) Tj ET Q q 0 0 0 rg BT 200.89 46.00 Td (W) Tj ET Q q 0 0 0 rg BT 209.53 46.00 Td (e consider these inputs to be within Level 3 of the fair value hierarchy because we ) Tj ET Q endstream endobj 61 0 obj <>] /Rotate 0 /Contents 62 0 R>> endobj 62 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (cannot reasonably observe activity in the limited market in which participations in our term loans are traded. ) Tj ET Q q 0 0 0 rg BT 486.35 742.10 Td (The indicative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (prices provided to us as at each of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.73 730.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.34 730.10 Td ( and January 31, 2017 did not significantly dif) Tj ET Q q 0 0 0 rg BT 430.85 730.10 Td (fer from par value. ) Tj ET Q q 0 0 0 rg BT 508.13 730.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (estimated fair value of our revolving credit borrowings, if any) Tj ET Q q 0 0 0 rg BT 297.05 718.10 Td (, is based upon indicative market values provided by one of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (lenders. ) Tj ET Q q 0 0 0 rg BT 83.70 706.10 Td (W) Tj ET Q q 0 0 0 rg BT 92.33 706.10 Td (e had no revolving credit borrowings at) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.02 706.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.63 706.10 Td (and January 31, 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (The estimated fair values of our Notes were approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.97 682.10 Td ($386 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.36 682.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.80 682.10 Td ($381 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.19 682.10 Td ( at) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.86 682.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.46 682.10 Td ( and January 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (2017, respectively) Tj ET Q q 0 0 0 rg BT 122.66 670.10 Td (. ) Tj ET Q q 0 0 0 rg BT 127.48 670.10 Td (The estimated fair values of the Notes are determined based on quoted bid and ask prices in the over) Tj ET Q q 0 0 0 rg BT 528.81 670.10 Td (-the-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (counter market in which the Notes trade. ) Tj ET Q q 0 0 0 rg BT 215.32 658.10 Td (W) Tj ET Q q 0 0 0 rg BT 223.96 658.10 Td (e consider these inputs to be within Level 2 of the fair value hierarchy) Tj ET Q q 0 0 0 rg BT 503.49 658.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Assets and Liabilities Not Measured at Fair V) Tj ET Q q 0 0 0 rg BT 237.52 634.10 Td (alue on a Recurring Basis) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (In addition to assets and liabilities that are measured at fair value on a recurring basis, we also measure certain assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (liabilities at fair value on a nonrecurring basis. Our non-financial assets, including goodwill, intangible assets and property) Tj ET Q q 0 0 0 rg BT 540.06 598.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (plant and equipment, are measured at fair value when there is an indication of impairment and the carrying amount exceeds the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (asset) Tj ET Q q 0 0 0 rg BT 72.22 574.10 Td (s projected undiscounted cash flows. ) Tj ET Q q 0 0 0 rg BT 221.45 574.10 Td (These assets are recorded at fair value only when an impairment char) Tj ET Q q 0 0 0 rg BT 498.09 574.10 Td (ge is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (recognized.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 526.10 Td (1) Tj ET Q q 0 0 0 rg BT 53.95 526.10 Td (1. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 67.50 526.10 Td (DERIV) Tj ET Q q 0 0 0 rg BT 97.88 526.10 Td (A) Tj ET Q q 0 0 0 rg BT 104.00 526.10 Td (TIVE FINANCIAL) Tj ET Q q 0 0 0 rg BT 184.48 526.10 Td ( INSTRUMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 514.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 502.10 Td (Our primary objective for holding derivative financial instruments is to manage foreign currency exchange rate risk and interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 490.10 Td (rate risk, when deemed appropriate. ) Tj ET Q q 0 0 0 rg BT 195.09 490.10 Td (W) Tj ET Q q 0 0 0 rg BT 203.73 490.10 Td (e enter into these contracts in the normal course of business to mitigate risks and not for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 478.10 Td (speculative purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 466.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 454.10 Td (Foreign Currency Forward Contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 430.10 Td (Under our risk management strategy) Tj ET Q q 0 0 0 rg BT 194.92 430.10 Td (, we periodically use foreign currency forward contracts to manage our short-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 418.10 Td (exposures to fluctuations in operational cash flows resulting from changes in foreign currency exchange rates.) Tj ET Q q 0 0 0 rg BT 491.95 418.10 Td (These cash flow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 406.10 Td (exposures result from portions of our forecasted operating expenses, primarily compensation and related expenses, which are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 394.10 Td (transacted in currencies other than the U.S. dollar) Tj ET Q q 0 0 0 rg BT 247.08 394.10 Td (, most notably the Israeli shekel.) Tj ET Q q 0 0 0 rg BT 379.09 394.10 Td (W) Tj ET Q q 0 0 0 rg BT 387.73 394.10 Td (e also periodically utilize foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 382.10 Td (forward contracts to manage exposures resulting from forecasted customer collections to be remitted in currencies other than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 370.10 Td (the applicable functional currency) Tj ET Q q 0 0 0 rg BT 185.17 370.10 Td (, and exposures from cash, cash equivalents and short-term investments denominated in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 358.10 Td (currencies other than the applicable functional currency) Tj ET Q q 0 0 0 rg BT 271.52 358.10 Td (.Our joint venture, which has a Singapore dollar functional currency) Tj ET Q q 0 0 0 rg BT 546.34 358.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 346.10 Td (also utilizes foreign exchange forward contracts to manage its exposure to exchange rate fluctuations related to settlements of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (liabilities denominated in U.S. dollars. ) Tj ET Q q 0 0 0 rg BT 205.96 334.10 Td (These foreign currency forward contracts generally have maturities of no longer than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 322.10 Td (twelve months, although occasionally we will execute a contract that extends beyond ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.45 322.10 Td (twelve months) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.05 322.10 Td (, depending upon the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.10 Td (nature of the underlying risk.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 286.10 Td (e held outstanding foreign currency forward contracts with notional amounts of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.32 286.10 Td ($126.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.21 286.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 286.10 Td ($144.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.54 286.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 274.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.11 274.10 Td ( and January 31, 2017, respectively) Tj ET Q q 0 0 0 rg BT 248.81 274.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 250.10 Td (Interest Rate Swap ) Tj ET Q q 0 0 0 rg BT 129.42 250.10 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 226.10 Td (During the three months ended October 31, 2016, we executed a pay-fixed, receive-variable interest rate swap agreement with a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 214.10 Td (multinational financial institution to partially mitigate risks associated with the variable interest rate on our term loans, under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 202.10 Td (which we will pay interest at a fixed rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.54 202.10 Td (4.143%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.38 202.10 Td ( and receive variable interest of three-month LIBOR \(subject to a minimum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 190.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 190.10 Td (0.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.16 190.10 Td (\), plus a spread of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.03 190.10 Td (2.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.86 190.10 Td (, on a notional amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.89 190.10 Td ($200.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.79 190.10 Td (. ) Tj ET Q q 0 0 0 rg BT 355.11 190.10 Td (The ef) Tj ET Q q 0 0 0 rg BT 380.74 190.10 Td (fective date of the agreement is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.46 190.10 Td (November1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 178.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 178.10 Td (, and settlements with the counterparty began on February 1, 2017 and occur on a quarterly basis. ) Tj ET Q q 0 0 0 rg BT 461.43 178.10 Td (The agreement will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.10 Td (terminate on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.26 166.10 Td (September6, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.52 166.10 Td (. ) Tj ET Q q 0 0 0 rg BT 181.97 166.10 Td (Assuming that we elect three-month LIBOR at the term loans' interest rate reset dates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 154.10 Td (throughout the remaining term of the interest rate swap agreement, the annual interest rate on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.92 154.10 Td ($200.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.81 154.10 Td ( of our term loans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 142.10 Td (will be fixed at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.26 142.10 Td (4.143%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.09 142.10 Td ( during that period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 118.10 Td (The interest rate swap agreement is designated as a cash flow hedge and as such, changes in its fair value are recognized in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 106.10 Td (accumulated other comprehensive income \(loss\) in the condensed consolidated balance sheets and are reclassified into the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 94.10 Td (condensed consolidated statements of operations in the period in which the hedged transaction af) Tj ET Q q 0 0 0 rg BT 437.26 94.10 Td (fects earnings. Hedge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 82.10 Td (inef) Tj ET Q q 0 0 0 rg BT 64.87 82.10 Td (fectiveness, if any) Tj ET Q q 0 0 0 rg BT 136.69 82.10 Td (, is recognized currently in the condensed consolidated statement of operations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 58.10 Td (Fair V) Tj ET Q q 0 0 0 rg BT 75.90 58.10 Td (alues of Derivative Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.75 46.10 Td () Tj ET Q endstream endobj 63 0 obj <>] /Rotate 0 /Contents 64 0 R>> endobj 64 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (The fair values of our derivative financial instruments and their classifications in our condensed consolidated balance sheets as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.78 730.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.39 730.10 Td ( and January 31, 2017 were as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 674.60 185.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.25 674.60 189.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.25 674.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.25 674.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.25 674.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.25 674.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 648.60 185.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.25 648.60 189.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.25 648.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.25 648.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.25 648.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.25 648.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 622.60 185.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.25 622.60 189.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.25 622.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.25 622.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.25 622.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.25 622.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 584.60 185.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.25 584.60 189.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.25 584.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.25 584.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.25 584.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.25 584.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 558.60 185.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.25 558.60 189.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.25 558.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.25 558.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.25 558.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.25 558.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 532.60 185.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.25 532.60 189.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.25 532.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.25 532.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.25 532.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.25 532.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.25 495.60 185.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.25 495.60 189.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.25 495.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.25 495.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.25 495.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.25 495.60 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 704.6 m 492.25 704.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.25 704.6 m 496.25 704.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.25 704.6 m 561.25 704.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 704.6 m 492.25 704.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.25 674.6 m 234.25 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234.25 674.6 m 423.25 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 674.6 m 492.25 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.25 674.6 m 561.25 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 597.6 m 492.25 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.25 597.6 m 561.25 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 597.6 m 492.25 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 585.6 m 492.25 585.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 583.6 m 492.25 583.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.25 597.6 m 561.25 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.25 585.6 m 561.25 585.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.25 583.6 m 561.25 583.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 495.6 m 492.25 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 483.6 m 492.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.25 481.6 m 492.25 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.25 495.6 m 561.25 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.25 483.6 m 561.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.25 481.6 m 561.25 481.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.05 709.28 Td (Fair Value at) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.35 694.28 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.95 694.28 Td (January 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 679.27 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.75 679.28 Td (Balance Sheet Classification) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.25 679.28 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.25 679.28 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 665.33 Td (Derivative assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 652.17 Td (Foreign currency forward contracts:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 639.17 Td ( Designated as cash flow hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.75 639.17 Td (Prepaid expenses and other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.75 639.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.90 639.17 Td (3,911) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.75 639.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.40 639.17 Td (927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 626.17 Td ( Not designated as hedging instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.75 626.17 Td (Prepaid expenses and other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.40 626.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.40 626.17 Td (719) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 613.17 Td (Interest rate swap agreement, designated as) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 603.17 Td (a cash flow hedge) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.75 602.27 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.90 602.27 Td (1,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.90 602.27 Td (1,429) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 588.33 Td ( Total derivative assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.75 588.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.90 588.33 Td (5,037) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.75 588.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.90 588.33 Td (3,075) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 562.33 Td (Derivative liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 549.17 Td (Foreign currency forward contracts:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 536.17 Td ( Designated as cash flow hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.75 536.17 Td (Accrued expenses and other current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.75 536.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.40 536.17 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.75 536.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.40 536.17 Td (288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 523.17 Td ( Not designated as hedging instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.75 523.17 Td (Accrued expenses and other current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.90 523.17 Td (1,047) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.40 523.17 Td (958) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 510.17 Td (Interest rate swap agreement, designated as) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.75 500.17 Td (a cash flow hedge) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.75 500.27 Td (Accrued expenses and other current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.40 500.27 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.40 500.27 Td (408) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 486.33 Td ( Total derivative liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.75 486.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.90 486.33 Td (1,208) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.75 486.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.90 486.33 Td (1,654) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 459.10 Td (Derivative Financial Instruments in Cash Flow Hedging Relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 435.10 Td (The ef) Tj ET Q q 0 0 0 rg BT 75.13 435.10 Td (fects of derivative financial instruments designated as cash flow hedges on accumulated other comprehensive loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.10 Td (\("AOCL"\) and on the condensed consolidated statements of operations for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.78 423.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.39 423.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.83 423.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.83 423.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.10 Td (were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 48.75 361.60 375.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.75 361.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.75 361.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.75 361.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.75 361.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.75 335.60 375.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.75 335.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.75 335.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.75 335.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.75 335.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.75 309.60 375.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.75 309.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.75 309.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.75 309.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.75 309.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 48.75 272.60 375.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.75 272.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.75 272.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.75 272.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.75 272.60 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 376.6 m 492.75 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.75 376.6 m 496.75 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.75 376.6 m 561.75 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 48.75 361.6 m 423.75 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 361.6 m 492.75 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.75 361.6 m 561.75 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 322.6 m 492.75 322.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.75 322.6 m 561.75 322.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 310.6 m 492.75 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 308.6 m 492.75 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.75 310.6 m 561.75 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.75 308.6 m 561.75 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 260.6 m 492.75 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.75 258.6 m 492.75 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.75 260.6 m 561.75 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.75 258.6 m 561.75 258.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.75 391.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 465.24 391.28 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.35 381.28 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.25 366.27 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.75 366.28 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.75 366.28 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.25 352.33 Td (Net gains \(losses\) recognized in AOCL:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.25 339.17 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.25 339.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.40 339.17 Td (4,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.25 339.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.40 339.17 Td (5,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.25 326.17 Td (Interest rate swap agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.55 326.22 Td (\(33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.90 326.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 326.22 Td (\(429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 326.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.25 313.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.40 313.33 Td (4,137) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.25 313.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.40 313.33 Td (4,965) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.25 287.28 Td (Net gains reclassified from AOCL to the condensed consolidated statements of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.25 277.28 Td (operations:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.25 263.17 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.25 263.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.90 263.17 Td (921) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.25 263.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.90 263.17 Td (606) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 248.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 236.10 Td (For information regarding the line item locations of the net \(losses\) gains on foreign currency forward contracts reclassified out ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 224.10 Td (of ) Tj ET Q q 0 0 0 rg BT 59.78 224.10 Td (AOCL) Tj ET Q q 0 0 0 rg BT 86.63 224.10 Td ( into the condensed consolidated condensed statements of operations, see Note 8, "Stockholders' Equity". ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 200.10 Td (There were no gains or losses from inef) Tj ET Q q 0 0 0 rg BT 207.88 200.10 Td (fectiveness of these cash flow hedges recorded for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.66 200.10 Td (April30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 188.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 188.10 Td ( and 2016. ) Tj ET Q q 0 0 0 rg BT 113.39 188.10 Td (All of the foreign currency forward contracts underlying the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.35 188.10 Td ($3.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.24 188.10 Td ( of net unrealized gains recorded in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 176.10 Td (our accumulated other comprehensive loss at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.66 176.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.27 176.10 Td ( mature within twelve months, and therefore we expect all such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 164.10 Td (gains to be reclassified into earnings within the next twelve months. ) Tj ET Q q 0 0 0 rg BT 326.20 164.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.25 164.10 Td ($0.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.14 164.10 Td ( net unrealized gain recorded in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 152.10 Td (accumulated other comprehensive loss at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.83 152.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.44 152.10 Td ( for the interest rate swap agreement includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.25 152.10 Td ($0.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.15 152.10 Td ( of net losses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 140.10 Td (expected to be reclassified into earnings within the next twelve months.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 128.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 116.10 Td (Derivative) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 91.70 116.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 94.20 116.10 Td (Financial Instruments) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 187.29 116.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 189.79 116.10 Td (Not Designated as Hedging Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 104.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.10 Td (Losses recognized on derivative financial instruments not designated as hedging instruments in our condensed consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 80.10 Td (statements of operations for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.07 80.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.38 80.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.33 80.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.94 80.10 Td ( and 2016 were as follows:) Tj ET Q endstream endobj 65 0 obj <>] /Rotate 0 /Contents 66 0 R>> endobj 66 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (27) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 711.50 204.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 711.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 711.50 167.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 711.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 711.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 711.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 711.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 724.5 m 494 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 724.5 m 498 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 724.5 m 563 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 711.5 m 254 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 711.5 m 425 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 711.5 m 254 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 711.5 m 425 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 711.5 m 494 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 699.5 m 494 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 697.5 m 494 697.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 711.5 m 563 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 699.5 m 563 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 697.5 m 563 697.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.80 736.18 Td (Classification in Condensed) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.65 726.18 Td (Consolidated Statements of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.10 716.18 Td (Operations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.00 739.18 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.60 729.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 715.07 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.00 715.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 520.00 715.23 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 702.07 Td (Foreign currency forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.35 702.07 Td (Other \(expense\) income, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 702.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.80 702.12 Td (\(370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 702.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 702.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 702.12 Td (\(1,559) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 702.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 663.00 Td (12. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 663.00 Td (ST) Tj ET Q q 0 0 0 rg BT 79.49 663.00 Td (OCK-BASED COMPENSA) Tj ET Q q 0 0 0 rg BT 193.14 663.00 Td (TION) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 639.00 Td (Stock-Based Compensation Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 615.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 615.00 Td (e recognized stock-based compensation expense in the following line items on the condensed consolidated statements of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 603.00 Td (operations for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.29 603.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.90 603.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.34 603.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.34 603.00 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 555.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 555.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 555.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 555.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 555.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 529.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 529.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 529.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 529.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 529.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 503.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 503.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 503.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 503.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 503.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 568.5 m 493.5 568.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 568.5 m 497.5 568.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 568.5 m 562.5 568.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 555.5 m 424.5 555.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 555.5 m 493.5 555.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 555.5 m 562.5 555.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 503.5 m 493.5 503.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 491.5 m 493.5 491.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 489.5 m 493.5 489.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 503.5 m 562.5 503.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 491.5 m 562.5 491.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 489.5 m 562.5 489.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 583.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 465.99 583.18 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.10 573.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 559.07 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 559.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 559.23 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 546.07 Td (Cost of revenue - product) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 546.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 546.07 Td (341) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 546.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 546.07 Td (113) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 533.07 Td (Cost of revenue - service and support) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 533.07 Td (1,252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 533.07 Td (1,391) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 520.07 Td (Research and development, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 520.07 Td (3,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 520.07 Td (1,462) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 507.07 Td (Selling, general and administrative) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 507.07 Td (13,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 507.07 Td (12,374) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 494.23 Td (T) Tj ET Q q 0 0 0 rg BT 58.75 494.23 Td (otal stock-based compensation expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 494.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 494.23 Td (17,683) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 494.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 494.23 Td (15,340) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.00 Td (The following table summarizes stock-based compensation expense by type of award for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.20 467.00 Td (April30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 455.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 455.00 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.94 455.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.94 455.00 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 407.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 407.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 407.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 407.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 407.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 381.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 381.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 381.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 381.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 381.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 355.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 355.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 355.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 355.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 355.50 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 420.5 m 493.5 420.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 420.5 m 497.5 420.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 420.5 m 562.5 420.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 407.5 m 424.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 407.5 m 493.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 407.5 m 562.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 381.5 m 493.5 381.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 368.5 m 493.5 368.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 381.5 m 562.5 381.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 368.5 m 562.5 368.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 368.5 m 493.5 368.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 355.5 m 493.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 368.5 m 562.5 368.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 355.5 m 562.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 355.5 m 493.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 343.5 m 493.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 341.5 m 493.5 341.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 355.5 m 562.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 343.5 m 562.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 341.5 m 562.5 341.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 435.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 465.99 435.18 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.10 425.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 411.07 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 411.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 411.23 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 398.07 Td (Restricted stock units and restricted stock awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 398.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 398.07 Td (13,443) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 398.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 398.07 Td (13,966) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 385.07 Td (Stock bonus program and bonus share program) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 385.07 Td (4,177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 385.07 Td (1,346) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 372.23 Td (Total equity-settled awards) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 372.23 Td (17,620) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 372.23 Td (15,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 359.07 Td (Phantom stock units \(cash-settled awards\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 359.07 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 359.07 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 346.23 Td (Total stock-based compensation expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 346.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 346.23 Td (17,683) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 346.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 346.23 Td (15,340) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.00 Td (A) Tj ET Q q 0 0 0 rg BT 56.30 319.00 Td (wards under our stock bonus and bonus share programs are accounted for as liability-classified awards, because the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.00 Td (obligations are based predominantly on fixed monetary amounts that are generally known at inception of the obligation, to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.00 Td (settled with a variable number of shares of our common stock. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 271.00 Td (Restricted Stock Units) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 259.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 247.00 Td (e periodically award restricted stock units \("RSUs"\) to our directors, of) Tj ET Q q 0 0 0 rg BT 342.93 247.00 Td (ficers, and other employees. ) Tj ET Q q 0 0 0 rg BT 457.71 247.00 Td (These awards contain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.00 Td (various vesting conditions and are subject to certain restrictions and forfeiture provisions prior to vesting. Some of these RSU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.00 Td (awards to executive of) Tj ET Q q 0 0 0 rg BT 140.06 223.00 Td (ficers and certain employees vest upon the achievement of specified performance goals or market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 211.00 Td (conditions \(performance awards\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 187.00 Td (The following table summarizes restricted stock unit activity and related information for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.98 187.00 Td (April30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 175.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 175.00 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 120.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 120.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 120.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 120.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 120.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 94.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 94.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 94.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 94.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 94.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 68.50 374.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 68.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 68.50 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 68.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 68.50 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 120.5 m 424.5 120.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 120.5 m 493.5 120.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 120.5 m 562.5 120.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 120.5 m 493.5 120.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 120.5 m 562.5 120.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 68.5 m 493.5 68.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 55.5 m 493.5 55.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 53.5 m 493.5 53.5 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 125.17 Td (\(in thousands, except per share data\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.35 135.18 Td (Number of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.55 125.18 Td (RSUs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.55 155.18 Td (Weighted-) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.10 145.18 Td (Average) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.20 135.18 Td (Grant Date) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.20 125.18 Td (Fair Value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 111.07 Td (RSUs outstanding, January 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 111.07 Td (2,742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 111.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 111.07 Td (45.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 98.07 Td (RSUs granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 98.07 Td (1,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 98.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 98.07 Td (39.87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 85.07 Td (RSUs released) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 85.12 Td (\(256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 85.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 85.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 85.07 Td (44.63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 72.07 Td (RSUs forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 72.12 Td (\(138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 72.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 72.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 72.07 Td (56.30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 59.18 Td (RSUs outstanding, April 30, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 59.18 Td (3,774) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 59.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 59.18 Td (42.84) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 67 0 obj <> endobj 68 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Our restricted stock unit awards may include a provision which allows the awards to be settled with cash payments upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (vesting, rather than with delivery of common stock, at the discretion of our board of directors. ) Tj ET Q q 0 0 0 rg BT 427.95 718.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.85 718.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.45 718.10 Td (, for such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (awards that are outstanding, settlement with cash payments was not considered probable, and therefore these awards have been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (accounted for as equity-classified awards.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (W) Tj ET Q q 0 0 0 rg BT 59.04 670.10 Td (ith respect to our stock bonus program, activity presented in the table above only includes shares earned and released in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (consideration of the discount provided under that program. Consistent with the provisions of the plan under which such shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (are issued, other shares issued under the stock bonus program are not included in the table above because they do not reduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (available plan capacity \(since such shares are deemed to be purchased by the grantee at fair value in lieu of receiving an earned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (cash bonus\). ) Tj ET Q q 0 0 0 rg BT 104.44 622.10 Td (Activity presented in the table above includes all shares awarded and released under the bonus share program. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (Further details appear below under "Stock Bonus Program" and "Bonus Share Program".) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Activity for performance awards for the three months ended ) Tj ET Q q 0 0 0 rg BT 292.41 586.10 Td (April 30, 2017 and 2016 was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 524.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 524.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 524.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 524.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 524.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 498.60 374.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 498.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 498.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 498.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 498.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 551.6 m 492.5 551.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 551.6 m 496.5 551.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 551.6 m 561.5 551.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 537.6 m 423.5 537.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 537.6 m 492.5 537.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 537.6 m 561.5 537.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 537.6 m 492.5 537.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 537.6 m 561.5 537.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 483.6 m 492.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 483.6 m 561.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 483.6 m 492.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 471.6 m 492.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 469.6 m 492.5 469.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 483.6 m 561.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 471.6 m 561.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 469.6 m 561.5 469.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.50 566.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 464.99 566.28 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.10 556.28 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 542.17 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 542.28 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.50 542.28 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 528.17 Td (Beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 528.17 Td (438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 528.17 Td (332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 515.17 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 515.17 Td (204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 515.17 Td (313) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 502.17 Td (Released) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 502.22 Td (\(50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 502.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 502.22 Td (\(159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 502.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 488.27 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 488.32 Td (\(79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 488.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 488.32 Td (\(35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 488.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.00 474.33 Td (Ending balance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.65 474.33 Td (513) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.65 474.33 Td (451) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 447.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.89 447.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.50 447.10 Td (, there was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.30 447.10 Td ($108.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.19 447.10 Td ( of total unrecognized compensation expense, net of estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.10 Td (forfeitures, related to unvested restricted stock units, which is expected to be recognized over a weighted-average period of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 435.10 Td (2.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.10 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.10 423.10 Td (. ) Tj ET Q q 0 0 0 rg BT 75.92 423.10 Td (The unrecognized compensation expense does not include compensation expense of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.48 423.10 Td ($1.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.37 423.10 Td ( related to shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.10 Td (for which a grant date has been established but the requisite service period has not begun.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 387.10 Td (Stock Bonus Program) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.10 Td (Our stock bonus program permits eligible employees to receive a portion of their earned bonuses, otherwise payable in cash, in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.10 Td (the form of discounted shares of our common stock. Executive of) Tj ET Q q 0 0 0 rg BT 311.69 351.10 Td (ficers are eligible to participate in this program to the extent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.10 Td (that shares remain available for awards following the enrollment of all other participants. Shares awarded to executive of) Tj ET Q q 0 0 0 rg BT 533.53 339.10 Td (ficers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.10 Td (with respect to the discount feature of the program are subject to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.40 327.10 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.84 327.10 Td (-year vesting period. ) Tj ET Q q 0 0 0 rg BT 416.63 327.10 Td (This program is subject to annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.10 Td (funding approval by our board of directors and an annual cap on the number of shares that can be issued.Subject to these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.10 Td (limitations, the number of shares to be issued under the program for a given year is determined using a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.22 303.10 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.77 303.10 Td (-day trailing average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.10 Td (price of our common stock when the awards are calculated, reduced by a discount determined by the board of directors each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.10 Td (year \(the "discount"\). ) Tj ET Q q 0 0 0 rg BT 137.95 279.10 Td (T) Tj ET Q q 0 0 0 rg BT 143.36 279.10 Td (o the extent that this program is not funded in a given year or the number of shares of common stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.10 Td (needed to fully satisfy employee enrollment exceeds the annual cap, the applicable portion of the employee bonuses will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.10 Td (generally revert to being paid in cash.Obligations under this program are accounted for as liabilities, because the obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.10 Td (are based predominantly on fixed monetary amounts that are generally known at inception of the obligation, to be settled with a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.10 Td (variable number of shares of common stock determined using a discounted average price of our common stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.30 207.10 Td (wards under the stock bonus program for the performance period ended January 31, 2017 will consist of shares earned in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.10 Td (respect of executive of) Tj ET Q q 0 0 0 rg BT 140.61 195.10 Td (ficer incentive plans and will be awarded without a discount, and are expected to be issued during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.10 Td (three months ending July 31, 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.10 Td (In March 2017, our board of directors approved up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.33 159.10 Td (125,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.83 159.10 Td ( shares of common stock, and a discount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.35 159.10 Td (15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.68 159.10 Td (, for awards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.10 Td (under our stock bonus programs for the year ending January 31, 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.10 Td (There was no activity under the stock bonus program during the three months ended ) Tj ET Q q 0 0 0 rg BT 388.80 123.10 Td (April 30, 2017 and 2016.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 99.10 Td (Bonus Share Program) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.10 Td (In February 2015, the board of directors authorized an additional program under which we may provide discretionary year) Tj ET Q q 0 0 0 rg BT 539.08 75.10 Td (-end ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.10 Td (bonuses to employees in the form of shares of common stock. Unlike the stock bonus program, there is no enrollment for this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.10 Td (program and no discount feature. Similar to the accounting for the stock bonus program, obligations for these bonuses are ) Tj ET Q endstream endobj 69 0 obj <> endobj 70 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (accounted for as liabilities, because the obligations are based predominantly on fixed monetary amounts that are generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (known, to be settled with a variable number of shares of common stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 704.90 Td (For bonuses in respect of the year ended January 31, 2017, the board of directors approved the use of up to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.60 704.90 Td (300,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.10 704.90 Td ( shares of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 692.90 Td (common stock under this program. Shares awarded in respect of the bonus share program for the year ended January 31, 2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 680.90 Td (are ) Tj ET Q q 0 0 0 rg BT 64.71 680.90 Td (expected ) Tj ET Q q 0 0 0 rg BT 102.74 680.90 Td (to ) Tj ET Q q 0 0 0 rg BT 113.02 680.90 Td (be ) Tj ET Q q 0 0 0 rg BT 124.96 680.90 Td (issued ) Tj ET Q q 0 0 0 rg BT 152.46 680.90 Td (during ) Tj ET Q q 0 0 0 rg BT 181.06 680.90 Td (the ) Tj ET Q q 0 0 0 rg BT 195.78 680.90 Td (three ) Tj ET Q q 0 0 0 rg BT 218.27 680.90 Td (months ) Tj ET Q q 0 0 0 rg BT 250.21 680.90 Td (ending ) Tj ET Q q 0 0 0 rg BT 279.93 680.90 Td (July ) Tj ET Q q 0 0 0 rg BT 299.10 680.90 Td (31, ) Tj ET Q /GS0 gs q 25.00 0 0 10.09 314.10 678.74 cm /I18 Do Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 656.90 Td (The combined accrued liabilities for the stock bonus program and the bonus share program were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.49 656.90 Td ($14.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.38 656.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.82 656.90 Td ($10.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 644.90 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 644.90 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.56 644.90 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.17 644.90 Td ( and January 31, 2017, respectively) Tj ET Q q 0 0 0 rg BT 289.86 644.90 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 608.90 Td (13. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 608.90 Td ( COMMITMENTS ) Tj ET Q q 0 0 0 rg BT 148.76 608.90 Td (AND CONTINGENCIES) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 584.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 584.90 Td (arranty Liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 560.90 Td (The following table summarizes the activity in our warranty liability) Tj ET Q q 0 0 0 rg BT 323.44 560.90 Td (, which is included in accrued expenses and other liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 548.90 Td (in the condensed consolidated balance sheets, for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.35 548.90 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.96 548.90 Td ( and 2016:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 501.40 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 501.40 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 501.40 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 501.40 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 501.40 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 475.40 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 475.40 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 475.40 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 475.40 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 475.40 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 449.40 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 449.40 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 449.40 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 449.40 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 449.40 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 514.4 m 492.5 514.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 514.4 m 496.5 514.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 514.4 m 561.5 514.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 501.4 m 423.5 501.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 501.4 m 492.5 501.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 501.4 m 561.5 501.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 449.4 m 492.5 449.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 437.4 m 492.5 437.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 435.4 m 492.5 435.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 449.4 m 561.5 449.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 437.4 m 561.5 437.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 435.4 m 561.5 435.4 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.50 529.08 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.10 519.08 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 504.97 Td (\(in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 505.13 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.50 505.13 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 491.97 Td (Warranty liability at beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 491.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 491.97 Td (962) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 491.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 491.97 Td (826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 478.97 Td (Provision charged to expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 478.97 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 478.97 Td (201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 465.97 Td (Warranty charges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 466.02 Td (\(97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 465.97 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 466.02 Td (\(167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 465.97 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 452.97 Td (Foreign currency translation and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 453.02 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 452.97 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 452.97 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 440.13 Td (Warranty liability at end of period) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.00 440.13 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.65 440.13 Td (929) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.00 440.13 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.65 440.13 Td (863) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 412.90 Td (Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.60 Td (On March 26, 2009, legal actions were commenced by Ms. Orit Deutsch, a former employee of our subsidiary) Tj ET Q q 0 0 0 rg BT 490.62 388.60 Td (, ) Tj ET Q q 0 0 0 rg BT 495.43 388.60 Td (V) Tj ET Q q 0 0 0 rg BT 501.55 388.60 Td (erint Systems ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.60 Td (Limited \("VSL"\), against ) Tj ET Q q 0 0 0 rg BT 153.52 376.60 Td (VSL) Tj ET Q q 0 0 0 rg BT 172.04 376.60 Td ( in the ) Tj ET Q q 0 0 0 rg BT 199.36 376.60 Td (T) Tj ET Q q 0 0 0 rg BT 204.77 376.60 Td (el ) Tj ET Q q 0 0 0 rg BT 213.93 376.60 Td (A) Tj ET Q q 0 0 0 rg BT 220.41 376.60 Td (viv Regional Labor Court \(Case Number 4186/09\) \(the "Deutsch Labor ) Tj ET Q q 0 0 0 rg BT 508.32 376.60 Td (Action"\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.60 Td (against CTI in the ) Tj ET Q q 0 0 0 rg BT 124.25 364.60 Td (T) Tj ET Q q 0 0 0 rg BT 129.66 364.60 Td (el ) Tj ET Q q 0 0 0 rg BT 138.82 364.60 Td (A) Tj ET Q q 0 0 0 rg BT 145.30 364.60 Td (viv District Court \(Case Number 1335/09\) \(the "Deutsch District ) Tj ET Q q 0 0 0 rg BT 406.84 364.60 Td (Action"\). In the Deutsch Labor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.60 Td (Action, Ms. Deutsch filed a motion to approve a class action lawsuit on the grounds that she purported to represent a class of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.60 Td (our employees and former employees who were granted ) Tj ET Q q 0 0 0 rg BT 276.96 340.60 Td (V) Tj ET Q q 0 0 0 rg BT 283.07 340.60 Td (erint and CTI stock options and were allegedly damaged as a result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.60 Td (of the suspension of option exercises during the period from March 2006 through March 2010, during which we did not make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.60 Td (periodic filings with the SEC as a result of certain internal and external investigations and reviews of accounting matters ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.60 Td (discussed in our prior public filings. In the Deutsch District ) Tj ET Q q 0 0 0 rg BT 289.69 304.60 Td (Action, in addition to a small amount of individual damages, Ms. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.60 Td (Deutsch was seeking to certify a class of plaintif) Tj ET Q q 0 0 0 rg BT 243.65 292.60 Td (fs who were allegedly damaged due to their inability to exercise ) Tj ET Q q 0 0 0 rg BT 501.99 292.60 Td (V) Tj ET Q q 0 0 0 rg BT 508.10 292.60 Td (erint and CTI ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.60 Td (stock options as a result of alleged negligence by CTI in its financial reporting. ) Tj ET Q q 0 0 0 rg BT 368.34 280.60 Td (The class certification motions do not specify ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.60 Td (an amount of damages. On February 8, 2010, the Deutsch Labor ) Tj ET Q q 0 0 0 rg BT 309.38 268.60 Td (Action was dismissed for lack of material jurisdiction and was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.60 Td (transferred to the ) Tj ET Q q 0 0 0 rg BT 120.62 256.60 Td (T) Tj ET Q q 0 0 0 rg BT 126.03 256.60 Td (el ) Tj ET Q q 0 0 0 rg BT 135.20 256.60 Td (A) Tj ET Q q 0 0 0 rg BT 141.67 256.60 Td (viv District Court and consolidated with the Deutsch District ) Tj ET Q q 0 0 0 rg BT 386.91 256.60 Td (Action. On March 16, 2009 and March 26, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.60 Td (2009, respectively) Tj ET Q q 0 0 0 rg BT 122.66 244.60 Td (, legal actions were commenced by Ms. Roni Katriel, a former employee of CTI's former subsidiary) Tj ET Q q 0 0 0 rg BT 521.47 244.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.60 Td (Comverse Limited, against Comverse Limited in the ) Tj ET Q q 0 0 0 rg BT 262.55 232.60 Td (T) Tj ET Q q 0 0 0 rg BT 267.96 232.60 Td (el ) Tj ET Q q 0 0 0 rg BT 277.13 232.60 Td (A) Tj ET Q q 0 0 0 rg BT 283.61 232.60 Td (viv Regional Labor Court \(Case Number 3444/09\) \(the "Katriel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.60 Td (Labor ) Tj ET Q q 0 0 0 rg BT 75.83 220.60 Td (Action"\) and against CTI in the ) Tj ET Q q 0 0 0 rg BT 204.14 220.60 Td (T) Tj ET Q q 0 0 0 rg BT 209.55 220.60 Td (el ) Tj ET Q q 0 0 0 rg BT 218.72 220.60 Td (A) Tj ET Q q 0 0 0 rg BT 225.20 220.60 Td (viv District Court \(Case Number 1334/09\) \(the "Katriel District ) Tj ET Q q 0 0 0 rg BT 481.73 220.60 Td (Action"\). In the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.60 Td (Katriel Labor ) Tj ET Q q 0 0 0 rg BT 106.09 208.60 Td (Action, Ms. Katriel is seeking to certify a class of plaintif) Tj ET Q q 0 0 0 rg BT 335.85 208.60 Td (fs who were granted CTI stock options and were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.60 Td (allegedly damaged as a result of the suspension of option exercises during an extended filing delay period af) Tj ET Q q 0 0 0 rg BT 483.30 196.60 Td (fecting CTI's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.60 Td (periodic reporting discussed in CTI's historical SEC filings. In the Katriel District ) Tj ET Q q 0 0 0 rg BT 381.19 184.60 Td (Action, in addition to a small amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.60 Td (individual damages, Ms. Katriel is seeking to certify a class of plaintif) Tj ET Q q 0 0 0 rg BT 330.58 172.60 Td (fs who were allegedly damaged due to their inability to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.60 Td (exercise CTI stock options as a result of alleged negligence by CTI in its financial reporting. ) Tj ET Q q 0 0 0 rg BT 422.21 160.60 Td (The class certification motions do ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.60 Td (not specify an amount of damages. On March 2, 2010, the Katriel Labor ) Tj ET Q q 0 0 0 rg BT 343.53 148.60 Td (Action was transferred to the ) Tj ET Q q 0 0 0 rg BT 461.92 148.60 Td (T) Tj ET Q q 0 0 0 rg BT 467.33 148.60 Td (el ) Tj ET Q q 0 0 0 rg BT 476.49 148.60 Td (A) Tj ET Q q 0 0 0 rg BT 482.97 148.60 Td (viv District Court, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.60 Td (based on an agreed motion filed by the parties requesting such transfer) Tj ET Q q 0 0 0 rg BT 331.86 136.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.00 Td (On ) Tj ET Q q 0 0 0 rg BT 64.17 112.00 Td (April 4, 2012, Ms. Deutsch and Ms. Katriel filed an uncontested motion to consolidate and amend their claims and on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.00 Td (June7, 2012, the District Court allowed Ms. Deutsch and Ms. Katriel to file the consolidated class certification motion and an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.00 Td (amended consolidated complaint against ) Tj ET Q q 0 0 0 rg BT 214.77 88.00 Td (VSL, CTI, and Comverse Limited. Following CTI's announcement of its intention to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.00 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 76.00 Td (fect the distribution of all of the issued and outstanding shares of capital stock of its former subsidiary) Tj ET Q q 0 0 0 rg BT 464.90 76.00 Td (, Comverse, Inc., on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.00 Td (July 12, 2012, the plaintif) Tj ET Q q 0 0 0 rg BT 152.59 64.00 Td (fs filed a motion requesting that the District Court order CTI to set aside up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.97 64.00 Td ($150.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.47 64.00 Td ( millionin assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 52.00 Td (to secure any future judgment. ) Tj ET Q q 0 0 0 rg BT 176.72 52.00 Td (The District Court ruled at such time that it would not decide this motion until the Deutsch and ) Tj ET Q endstream endobj 71 0 obj <>] /Rotate 0 /Contents 72 0 R>> endobj 72 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Katriel class certification motion was heard. Plaintif) Tj ET Q q 0 0 0 rg BT 260.86 742.10 Td (fs initially filed a motion to appeal this ruling in ) Tj ET Q q 0 0 0 rg BT 454.73 742.10 Td (August 2012, but ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (subsequently withdrew it in July 2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 705.50 Td (Prior to the consummation of the Comverse share distribution, CTI either sold or transferred substantially all of its business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 693.50 Td (operations and assets \(other than its equity ownership interests in us and Comverse\) to Comverse or unaf) Tj ET Q q 0 0 0 rg BT 469.17 693.50 Td (filiated third parties. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 681.50 Td (On October31, 2012, CTI completed the Comverse share distribution, in which it distributed all of the outstanding shares of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.50 Td (common stock of Comverse to CTI's shareholders. ) Tj ET Q q 0 0 0 rg BT 257.05 669.50 Td (As a result of the Comverse share distribution, Comverse became an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.50 Td (independent public company and ceased to be a wholly owned subsidiary of CTI, and CTI ceased to have any material assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.50 Td (other than its equity interest in us. On September 9, 2015, Comverse changed its name to Xura, Inc. and, on February28, 2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.50 Td (Xura, Inc. changed its name to Mavenir Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 608.90 Td (On February 4, 2013, we mer) Tj ET Q q 0 0 0 rg BT 167.85 608.90 Td (ged with CTI. ) Tj ET Q q 0 0 0 rg BT 225.62 608.90 Td (As a result of the mer) Tj ET Q q 0 0 0 rg BT 311.80 608.90 Td (ger) Tj ET Q q 0 0 0 rg BT 324.17 608.90 Td (, we have assumed certain rights and liabilities of CTI, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 596.90 Td (including any liability of CTI arising out of the Deutsch District ) Tj ET Q q 0 0 0 rg BT 308.01 596.90 Td (Action and the Katriel District ) Tj ET Q q 0 0 0 rg BT 431.59 596.90 Td (Action. However) Tj ET Q q 0 0 0 rg BT 500.06 596.90 Td (, under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 584.90 Td (terms of the Distribution ) Tj ET Q q 0 0 0 rg BT 150.55 584.90 Td (Agreement between CTI and Comverse relating to the Comverse share distribution, we, as successor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 572.90 Td (to CTI, are entitled to indemnification from Comverse \(now Mavenir\) for any losses we suf) Tj ET Q q 0 0 0 rg BT 416.11 572.90 Td (fer in our capacity as successor) Tj ET Q q 0 0 0 rg BT 540.58 572.90 Td (-in-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 560.90 Td (interest to CTI in connection with the Deutsch District ) Tj ET Q q 0 0 0 rg BT 269.68 560.90 Td (Action and the Katriel District ) Tj ET Q q 0 0 0 rg BT 393.26 560.90 Td (Action.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 536.30 Td (Following an unsuccessful mediation process, the proceeding before the District Court resumed. On ) Tj ET Q q 0 0 0 rg BT 451.85 536.30 Td (August 28, 2016, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 524.30 Td (District Court \(i\) denied plaintif) Tj ET Q q 0 0 0 rg BT 177.57 524.30 Td (fs) Tj ET Q q 0 0 0 rg BT 187.38 524.30 Td ( motion to certify the suit as a class action with respect to all claims relating to ) Tj ET Q q 0 0 0 rg BT 503.50 524.30 Td (V) Tj ET Q q 0 0 0 rg BT 509.61 524.30 Td (erint stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 512.30 Td (options and \(ii\) approved the plaintif) Tj ET Q q 0 0 0 rg BT 196.73 512.30 Td (fs) Tj ET Q q 0 0 0 rg BT 206.54 512.30 Td ( motion to certify the suit as a class action with respect to claims of current or former ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 500.30 Td (employees of Comverse Limited \(now Mavenir\) or ) Tj ET Q q 0 0 0 rg BT 256.71 500.30 Td (VSL) Tj ET Q q 0 0 0 rg BT 275.23 500.30 Td ( who held unexercised CTI stock options at the time CTI suspended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 488.30 Td (option exercises. ) Tj ET Q q 0 0 0 rg BT 122.02 488.30 Td (The court also ruled that the merits of the case and any calculation of damages would be evaluated under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 476.30 Td (New ) Tj ET Q q 0 0 0 rg BT 71.01 476.30 Td (Y) Tj ET Q q 0 0 0 rg BT 77.23 476.30 Td (ork law) Tj ET Q q 0 0 0 rg BT 106.85 476.30 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.70 Td (On December 15, 2016, CTI filed with the Supreme Court a motion for leave to appeal the District Court's ) Tj ET Q q 0 0 0 rg BT 478.09 451.70 Td (August 28, 2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.70 Td (ruling. ) Tj ET Q q 0 0 0 rg BT 81.21 439.70 Td (The plaintif) Tj ET Q q 0 0 0 rg BT 127.95 439.70 Td (fs did not file an appeal of the District Court's ) Tj ET Q q 0 0 0 rg BT 313.05 439.70 Td (August 28, 2016 ruling.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.10 Td (On December 13, 2016, the plaintif) Tj ET Q q 0 0 0 rg BT 191.72 415.10 Td (fs filed a notice with the District Court regarding the appointment of a new representative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.10 Td (plaintif) Tj ET Q q 0 0 0 rg BT 78.70 403.10 Td (f, Mr) Tj ET Q q 0 0 0 rg BT 98.70 403.10 Td (. David ) Tj ET Q q 0 0 0 rg BT 130.46 403.10 Td (V) Tj ET Q q 0 0 0 rg BT 136.57 403.10 Td (aaknin, for the current or former employees of ) Tj ET Q q 0 0 0 rg BT 324.37 403.10 Td (VSL) Tj ET Q q 0 0 0 rg BT 342.89 403.10 Td ( who held unexercised CTI stock options at the time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.10 Td (CTI suspended option exercises in replacement of Ms. Deutsch. On February 5, 2017, the District Court issued its decision to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (approve the appointment of Mr) Tj ET Q q 0 0 0 rg BT 174.41 379.10 Td (. ) Tj ET Q q 0 0 0 rg BT 179.23 379.10 Td (V) Tj ET Q q 0 0 0 rg BT 185.35 379.10 Td (aaknin as lead plaintif) Tj ET Q q 0 0 0 rg BT 273.19 379.10 Td (f. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.50 Td (On ) Tj ET Q q 0 0 0 rg BT 64.17 354.50 Td (April19, 2017, the parties submitted an agreed motion for a procedural arrangement according to which the deadline for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.50 Td (submission of the plaintif) Tj ET Q q 0 0 0 rg BT 151.76 342.50 Td (fs' amended complaint will be 45 days after a decision of the Supreme Court on defendant's appeal. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 317.90 Td (From time to time we or our subsidiaries may be involved in legal proceedings and/or litigation arising in the ordinary course ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 305.90 Td (of our business. ) Tj ET Q q 0 0 0 rg BT 117.87 305.90 Td (While the outcome of these matters cannot be predicted with certainty) Tj ET Q q 0 0 0 rg BT 397.67 305.90 Td (, we do not believe that the outcome of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 293.90 Td (any current claims will have a material ef) Tj ET Q q 0 0 0 rg BT 215.58 293.90 Td (fect on our consolidated financial position, results of operations, or cash flows.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 257.00 Td (14. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 257.00 Td ( SEGMENT INFORMA) Tj ET Q q 0 0 0 rg BT 168.03 257.00 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 233.00 Td (Operating segments are defined as components of an enterprise about which separate financial information is available that is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 221.00 Td (evaluated regularly by the enterprise) Tj ET Q q 0 0 0 rg BT 198.82 221.00 Td (s chief operating decision maker \("CODM"\), or decision making group, in deciding how ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 209.00 Td (to allocate resources and in assessing performance. Our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 352.21 209.00 Td (ficer is our CODM. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 185.00 Td (Through July 31, 2016, we were or) Tj ET Q q 0 0 0 rg BT 190.35 185.00 Td (ganized and had reported our operating results in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.61 185.00 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.60 185.00 Td ( operating segments: Enterprise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 173.00 Td (Intelligence, ) Tj ET Q q 0 0 0 rg BT 102.02 173.00 Td (V) Tj ET Q q 0 0 0 rg BT 108.64 173.00 Td (ideo Intelligence, and Cyber Intelligence. In ) Tj ET Q q 0 0 0 rg BT 286.90 173.00 Td (August 2016, we reor) Tj ET Q q 0 0 0 rg BT 373.37 173.00 Td (ganized into two businesses and, now report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 161.00 Td (our results in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.72 161.00 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.72 161.00 Td ( operating segments, Customer Engagement Solutions \("Customer Engagement"\) and Cyber Intelligence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 149.00 Td (Solutions \("Cyber Intelligence"\). Comparative segment financial information provided for prior periods has been recast to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 137.00 Td (conform to this revised segment structure.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 113.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 113.00 Td (e measure the performance of our operating segments based upon operating segment revenue and operating segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 101.00 Td (contribution. Operating segment contribution includes segment revenue and expenses incurred directly by the segment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 89.00 Td (including material costs, service costs, research and development and selling, marketing, and administrative expenses. ) Tj ET Q q 0 0 0 rg BT 524.95 89.00 Td (W) Tj ET Q q 0 0 0 rg BT 533.59 89.00 Td (e do ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 77.00 Td (not allocate certain expenses, which include the majority of general and administrative expenses, facilities and communication ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 65.00 Td (expenses, purchasing expenses, manufacturing support and logistic expenses, depreciation and amortization, amortization of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 53.00 Td (capitalized software development costs, stock-based compensation, and special char) Tj ET Q q 0 0 0 rg BT 386.36 53.00 Td (ges such as restructuring costs when ) Tj ET Q endstream endobj 73 0 obj <>] /Rotate 0 /Contents 74 0 R>> endobj 74 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (calculating operating segment contribution. ) Tj ET Q q 0 0 0 rg BT 226.16 742.10 Td (These expenses are included in the unallocated expenses section of the table ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (presented below) Tj ET Q q 0 0 0 rg BT 114.60 730.10 Td (. Revenue from transactions between our operating segments is not material. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Operating results by segment for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.55 706.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.16 706.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 706.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.60 706.10 Td ( were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 646.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 646.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 646.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 646.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 646.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 620.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 620.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 620.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 620.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 620.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 594.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 594.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 594.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 594.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 594.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 568.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 568.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 568.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 568.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 568.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 542.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 542.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 542.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 542.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 542.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 516.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 516.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 516.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 516.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 516.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 490.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 490.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 490.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 490.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 490.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 464.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 464.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 464.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 464.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 464.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 438.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 438.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 438.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 438.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 438.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 412.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 412.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 412.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 412.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 412.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 386.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 386.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 386.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 386.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 386.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 360.60 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 360.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 360.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 360.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 360.60 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 659.6 m 493.5 659.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 659.6 m 497.5 659.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 659.6 m 562.5 659.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 646.6 m 424.5 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 646.6 m 493.5 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 646.6 m 562.5 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 594.6 m 493.5 594.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 594.6 m 562.5 594.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 594.6 m 493.5 594.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 581.6 m 493.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 594.6 m 562.5 594.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 581.6 m 562.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 581.6 m 493.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 581.6 m 562.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 542.6 m 493.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 542.6 m 562.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 529.6 m 493.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 529.6 m 562.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 517.6 m 493.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 515.6 m 493.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 517.6 m 562.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 515.6 m 562.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 464.6 m 493.5 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 464.6 m 562.5 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 451.6 m 493.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 451.6 m 562.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 386.6 m 493.5 386.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 386.6 m 562.5 386.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 373.6 m 493.5 373.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 373.6 m 562.5 373.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 347.6 m 493.5 347.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 347.6 m 562.5 347.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 347.6 m 493.5 347.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 334.6 m 493.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 332.6 m 493.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 347.6 m 562.5 347.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 334.6 m 562.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 332.6 m 562.5 332.6 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 662.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 674.28 Td (Three Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.10 664.28 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 650.17 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 650.33 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 650.33 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 637.33 Td (Revenue:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 636.36 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 636.36 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 624.17 Td (Customer Engagement) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 623.36 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 623.36 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 611.17 Td (Segment revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 611.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 611.17 Td (174,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 611.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 611.17 Td (172,414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 598.17 Td (Revenue adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 598.22 Td (\(4,715) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 598.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 598.22 Td (\(3,489) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 598.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 585.17 Td (169,985) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 585.17 Td (168,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 572.17 Td (Cyber Intelligence) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 571.36 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 571.36 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 559.17 Td (Segment revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 559.17 Td (91,034) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 559.17 Td (76,564) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 546.17 Td (Revenue adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.30 546.22 Td (\(24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 546.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 546.22 Td (\(65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 546.17 Td (\)) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 532.36 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 533.17 Td (91,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 533.17 Td (76,499) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 520.33 Td (Total revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 520.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 520.33 Td (260,995) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 520.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 526.15 520.33 Td (245,424) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 494.33 Td (Segment contribution:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 493.36 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 493.36 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 481.17 Td (Customer Engagement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 481.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 481.17 Td (59,308) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 481.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 481.17 Td (58,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 468.17 Td (Cyber Intelligence) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 468.17 Td (20,352) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 468.17 Td (14,736) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 455.33 Td (Total segment contribution) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 455.33 Td (79,660) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 455.33 Td (73,266) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 429.33 Td (Unallocated expenses, net:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 428.36 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 559.00 428.36 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 416.17 Td (Amortization of acquired intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 416.17 Td (21,071) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 416.17 Td (20,446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 403.17 Td (Stock-based compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 403.17 Td (17,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 403.17 Td (15,340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 390.17 Td (Other unallocated expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 390.17 Td (50,291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 390.17 Td (48,771) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 377.17 Td (Total unallocated expenses, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 377.17 Td (89,045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 377.17 Td (84,557) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.00 364.33 Td (Operating loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.80 364.38 Td (\(9,385) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 364.33 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.80 364.38 Td (\(11,291) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 364.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 351.17 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 351.22 Td (\(10,547) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 351.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 351.22 Td (\(4,572) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 351.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.00 338.28 Td (Loss before \(benefit\) provision for income taxes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 338.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.80 338.33 Td (\(19,932) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 338.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 338.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.80 338.33 Td (\(15,863) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 338.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 310.10 Td (e identified certain net expenses incurred during the three months ended ) Tj ET Q q 0 0 0 rg BT 348.81 310.10 Td (April 30, 2016 which were incorrectly char) Tj ET Q q 0 0 0 rg BT 521.63 310.10 Td (ged ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (against the segment contribution of our Cyber Intelligence segment, which instead should have been included within other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (unallocated expenses. ) Tj ET Q q 0 0 0 rg BT 141.64 286.10 Td (As a result, the Cyber Intelligence segment contribution previously reported for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (April 30, 2016 was understated by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.25 274.10 Td ($2.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.15 274.10 Td (, and other unallocated expenses were misstated in the opposite direction by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (corresponding amount. ) Tj ET Q q 0 0 0 rg BT 144.52 262.10 Td (The Cyber Intelligence segment contribution and other unallocated expenses for the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (April 30, 2016 as presented the table above reflect the correct classification of these net expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.10 Td (Revenue adjustments represent revenue of acquired companies which is included within segment revenue reviewed by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.10 Td (CODM, but not recognizable within GAAP) Tj ET Q q 0 0 0 rg BT 224.05 218.10 Td ( revenue. ) Tj ET Q q 0 0 0 rg BT 265.52 218.10 Td (These adjustments primarily relate to the acquisition-date excess of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.10 Td (historical carrying value over the fair value of acquired companies) Tj ET Q q 0 0 0 rg BT 318.31 206.10 Td ( future maintenance and service performance obligations. ) Tj ET Q q 0 0 0 rg BT 549.88 206.10 Td (As ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.10 Td (the obligations are satisfied, we report our segment revenue using the historical carrying values of these obligations, which we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.10 Td (believe better reflects our ongoing maintenance and service revenue streams, whereas GAAP) Tj ET Q q 0 0 0 rg BT 422.26 182.10 Td ( revenue is reported using the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.10 Td (obligations) Tj ET Q q 0 0 0 rg BT 97.03 170.10 Td ( acquisition-date fair values.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.10 Td (W) Tj ET Q q 0 0 0 rg BT 59.04 150.10 Td (ith the exception of goodwill and acquired intangible assets, we do not identify or allocate our assets by operating segment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.10 Td (Consequently) Tj ET Q q 0 0 0 rg BT 104.35 138.10 Td (, it is not practical to present assets by operating segment. ) Tj ET Q q 0 0 0 rg BT 339.66 138.10 Td (The allocations of goodwill and acquired intangible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.10 Td (assets by operating segment appear in Note 5, "Intangible ) Tj ET Q q 0 0 0 rg BT 282.35 126.10 Td (Assets and Goodwill".) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td (Item 2. ) Tj ET Q q 0 0 0 rg BT 86.00 90.10 Td (Management) Tj ET Q q 0 0 0 rg BT 145.06 90.10 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 217.04 90.10 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.10 Td (The following management) Tj ET Q q 0 0 0 rg BT 163.30 66.10 Td (s discussion and analysis is provided to assist readers in understanding our financial condition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 54.10 Td (results of operations, and cash flows. ) Tj ET Q q 0 0 0 rg BT 200.34 54.10 Td (This discussion should be read in conjunction with our audited consolidated financial ) Tj ET Q endstream endobj 75 0 obj <>] /Rotate 0 /Contents 76 0 R>> endobj 76 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (statements and the notes thereto included in our ) Tj ET Q q 0 0 0 rg BT 242.73 742.10 Td (Annual Report on Form 10-K for the year ended January 31, 2017 and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (unaudited condensed consolidated financial statements and notes thereto contained in this report. ) Tj ET Q q 0 0 0 rg BT 439.98 730.10 Td (This discussion contains a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (number of forward-looking statements, all of which are based on our current expectations and all of which could be af) Tj ET Q q 0 0 0 rg BT 522.44 718.10 Td (fected by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (uncertainties and risks. Our actual results may dif) Tj ET Q q 0 0 0 rg BT 248.10 706.10 Td (fer materially from the results contemplated in these forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (statements as a result of many factors including, but not limited to, those described under "Cautionary Note on Forward-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (Looking Statements".) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (Overview) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Our Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (V) Tj ET Q q 0 0 0 rg BT 56.11 610.10 Td (erint is a global leader in ) Tj ET Q q 0 0 0 rg BT 157.19 610.10 Td (Actionable Intelligence solutions. ) Tj ET Q q 0 0 0 rg BT 296.33 610.10 Td (Actionable Intelligence is a necessity in a dynamic world of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (massive information growth because it empowers or) Tj ET Q q 0 0 0 rg BT 259.21 598.10 Td (ganizations with crucial insights and enables decision makers to anticipate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (respond, and take action. ) Tj ET Q q 0 0 0 rg BT 154.51 586.10 Td (W) Tj ET Q q 0 0 0 rg BT 163.54 586.10 Td (ith ) Tj ET Q q 0 0 0 rg BT 176.42 586.10 Td (V) Tj ET Q q 0 0 0 rg BT 182.53 586.10 Td (erint solutions and value-added services, or) Tj ET Q q 0 0 0 rg BT 355.63 586.10 Td (ganizations of all sizes and across many industries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (can make more informed, timely) Tj ET Q q 0 0 0 rg BT 180.14 574.10 Td (, and ef) Tj ET Q q 0 0 0 rg BT 209.66 574.10 Td (fective decisions. ) Tj ET Q q 0 0 0 rg BT 283.90 574.10 Td (T) Tj ET Q q 0 0 0 rg BT 289.31 574.10 Td (oday) Tj ET Q q 0 0 0 rg BT 308.10 574.10 Td (, over 10,000 or) Tj ET Q q 0 0 0 rg BT 371.52 574.10 Td (ganizations in more than 180 countries, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (including over 80 percent of the Fortune 100, use ) Tj ET Q q 0 0 0 rg BT 249.77 562.10 Td (V) Tj ET Q q 0 0 0 rg BT 255.88 562.10 Td (erint solutions to optimize customer engagement and make the world a safer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (place. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 526.10 Td (e have established leadership positions in ) Tj ET Q q 0 0 0 rg BT 225.83 526.10 Td (Actionable Intelligence by developing highly-scalable, enterprise-class software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (and services with advanced, integrated analytics for both unstructured and structured information. Our innovative solutions are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (developed by a lar) Tj ET Q q 0 0 0 rg BT 123.40 502.10 Td (ge research and development \(R&D\) team comprised of approximately 1,400 professionals and backed by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (more than 800 patents and patent applications worldwide.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 466.10 Td (o help our customers maximize the benefits of our technology over the solution lifecycle and provide a high degree of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (flexibility) Tj ET Q q 0 0 0 rg BT 88.79 454.10 Td (, we of) Tj ET Q q 0 0 0 rg BT 116.10 454.10 Td (fer a broad range of services, such as strategic consulting, managed services, implementation services, training, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (maintenance, and 24x7 support. ) Tj ET Q q 0 0 0 rg BT 179.41 442.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 229.32 442.10 Td (, we of) Tj ET Q q 0 0 0 rg BT 256.63 442.10 Td (fer a broad range of deployment options, including cloud, on-premises, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (hybrid, and software licensing and delivery models that include perpetual licenses and software as a service \(SaaS\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (Through July 31, 2016, we conducted our business in three operating segmentsEnterprise Intelligence Solutions, Cyber ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (Intelligence Solutions, and ) Tj ET Q q 0 0 0 rg BT 159.24 394.10 Td (V) Tj ET Q q 0 0 0 rg BT 165.86 394.10 Td (ideo and Situation Intelligence Solutions, through which we aligned our resources and domain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (expertise to ef) Tj ET Q q 0 0 0 rg BT 106.46 382.10 Td (fectively address ) Tj ET Q q 0 0 0 rg BT 175.88 382.10 Td (Actionable Intelligence market opportunities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (In ) Tj ET Q q 0 0 0 rg BT 60.28 358.10 Td (August 2016, we reor) Tj ET Q q 0 0 0 rg BT 146.75 358.10 Td (ganized into two businesses, and are now reporting our results in two operating segments, Customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (Engagement Solutions \("Customer Engagement"\) and Cyber Intelligence Solutions \("Cyber Intelligence"\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (This change in segment reporting is reflected in the condensed consolidated financial statements as of and for the three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (ending ) Tj ET Q q 0 0 0 rg BT 79.17 310.10 Td (April 30, 2017 included in this report. Comparative segment financial information provided for prior periods has been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (recast to conform to this revised segment structure.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (Key T) Tj ET Q q 0 0 0 rg BT 73.78 274.10 Td (rends and Factors That May Impact our Performance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.70 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 244.70 Td (e believe that there are many factors that af) Tj ET Q q 0 0 0 rg BT 231.14 244.70 Td (fect our ability to sustain and increase both revenue and profitability) Tj ET Q q 0 0 0 rg BT 503.74 244.70 Td (, including:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 220.70 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 68.00 220.70 Td (Market acceptance of ) Tj ET Q q 0 0 0 rg BT 156.95 220.70 Td (Actionable Intelligence solutions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.58 220.70 Td (W) Tj ET Q q 0 0 0 rg BT 302.22 220.70 Td (e compete in markets where the value of aspects of our products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 208.70 Td (and solutions is still in the process of market acceptance. Our future growth depends in part on the continued and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 196.70 Td (increasing acceptance and realization of the value of our product of) Tj ET Q q 0 0 0 rg BT 337.14 196.70 Td (ferings. However) Tj ET Q q 0 0 0 rg BT 406.15 196.70 Td (, we believe that or) Tj ET Q q 0 0 0 rg BT 482.33 196.70 Td (ganizations in both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 184.70 Td (the enterprise and security markets want and need ) Tj ET Q q 0 0 0 rg BT 269.59 184.70 Td (Actionable Intelligence solutions to help achieve their customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 172.70 Td (engagement, enhanced security) Tj ET Q q 0 0 0 rg BT 192.57 172.70 Td (, and risk mitigation goals.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 148.70 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 68.00 148.70 Td (Evolving technologies and market potential. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.40 148.70 Td (Our success depends in part on our ability to keep pace with technological ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 136.70 Td (changes, customer challenges, and evolving industry standards in our product of) Tj ET Q q 0 0 0 rg BT 388.85 136.70 Td (ferings, successfully developing, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 124.70 Td (launching, and driving demand for new) Tj ET Q q 0 0 0 rg BT 225.08 124.70 Td (, innovative, high-quality products and services that meet or exceed customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 112.70 Td (needs, and identifying, entering, and prioritizing areas of growing market potential, while migrating away from areas of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 100.70 Td (commoditization. For example, in our Cyber Intelligence business, stronger and more frequent use of encryption has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 88.70 Td (created significantly greater challenges for our customers and for our solutions to address. In our Customer Engagement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 76.70 Td (business, we see increased interest in cloud-based solutions, as well as pricing pressure on legacy products.) Tj ET Q endstream endobj 77 0 obj <>] /Rotate 0 /Contents 78 0 R>> endobj 78 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 742.10 Td (In the enterprise market, we believe that today's customer) Tj ET Q q 0 0 0 rg BT 298.13 742.10 Td (-centric or) Tj ET Q q 0 0 0 rg BT 339.31 742.10 Td (ganizations are increasingly seeking Customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 730.10 Td (Engagement Optimization solutions that allow them to collect and analyze intelligence across dif) Tj ET Q q 0 0 0 rg BT 456.04 730.10 Td (ferent service channels to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 718.10 Td (gain a better understanding of the performance of their workforce, the ef) Tj ET Q q 0 0 0 rg BT 357.69 718.10 Td (fectiveness of their service processes, the quality ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 706.10 Td (of their interactions, and changing customer behaviors, as well as to anticipate and prevent information security breaches, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 694.10 Td (ef) Tj ET Q q 0 0 0 rg BT 75.59 694.10 Td (fectively authenticate customers, protect personal information, mitigate risk, prevent fraud, and help ensure compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 682.10 Td (with evolving legal, regulatory) Tj ET Q q 0 0 0 rg BT 190.65 682.10 Td (, and internal requirements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 658.10 Td (In the security market, we believe that terrorism, criminal activities, cyber) Tj ET Q q 0 0 0 rg BT 364.07 658.10 Td (-attacks, and other security threats, combined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 646.10 Td (with new and more complex security challenges, including increasingly frequent and sophisticated cyber) Tj ET Q q 0 0 0 rg BT 486.83 646.10 Td (-attacks and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 634.10 Td (increasingly complex and encrypted communication networks, are driving demand for security and intelligence data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 622.10 Td (mining solutions that can access structured and unstructured data and help analyze, anticipate, prepare, and respond to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 610.10 Td (these threats.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 68.00 586.10 Td (Information technology and government spending. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.97 586.10 Td (Our growth and results depend in part on general economic conditions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 574.10 Td (and the pace of information technology spending by both commercial and governmental customers. Beginning in the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 562.10 Td (ended January 31, 2016, we began experiencing extended sales cycles, particularly for lar) Tj ET Q q 0 0 0 rg BT 426.29 562.10 Td (ge projects, a reduction in deal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 550.10 Td (sizes, and pressure in certain areas of our legacy business. ) Tj ET Q q 0 0 0 rg BT 304.68 550.10 Td (W) Tj ET Q q 0 0 0 rg BT 313.32 550.10 Td (e have made adjustments in response to these market trends ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 538.10 Td (and believe that improvements in the economic environment and growing demand for our solutions will drive growth in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 526.10 Td (both of our segments in the year ending January 31, 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 502.10 Td (In our Customer Engagement segment, we have aligned our sales strategy to engage more closely with our customers on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 490.10 Td (their long-term customer engagement optimization strategy and to focus on their near) Tj ET Q q 0 0 0 rg BT 409.64 490.10 Td (-term priorities and budget ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 478.10 Td (constraints, including by emphasizing the flexible and modular nature of our solution portfolio, in which a customer can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 466.10 Td (make an initial purchase anywhere in our portfolio and then expand into other areas over time, or can make a lar) Tj ET Q q 0 0 0 rg BT 516.81 466.10 Td (ger) Tj ET Q q 0 0 0 rg BT 529.18 466.10 Td (, more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 454.10 Td (transformational suite purchase all at once. ) Tj ET Q q 0 0 0 rg BT 244.42 454.10 Td (W) Tj ET Q q 0 0 0 rg BT 253.06 454.10 Td (e have also continued to increase the flexibility of our deployment model, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 442.10 Td (af) Tj ET Q q 0 0 0 rg BT 75.59 442.10 Td (fording our customers the choice of deploying our solutions on-premises or in the cloud, or a hybrid of both, and we also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 430.10 Td (of) Tj ET Q q 0 0 0 rg BT 76.15 430.10 Td (fer a menu of managed services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 406.10 Td (In our Cyber Intelligence segment, we believe that our solutions have proven to be highly ef) Tj ET Q q 0 0 0 rg BT 436.60 406.10 Td (fective in fighting terrorism ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 394.10 Td (and crime, which continues to be a high priority around the world. ) Tj ET Q q 0 0 0 rg BT 337.66 394.10 Td (As a result, we have continued to expand our solutions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 382.10 Td (portfolio to address emer) Tj ET Q q 0 0 0 rg BT 168.07 382.10 Td (ging threats and have designed our solutions to address specific customer needs. ) Tj ET Q q 0 0 0 rg BT 491.42 382.10 Td (W) Tj ET Q q 0 0 0 rg BT 500.06 382.10 Td (e have also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 370.10 Td (provided additional focus on smaller transactions, achieving a better mix of transaction sizes, for both our leading edge and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 358.10 Td (legacy solutions, and have continued to expand our security domain expertise.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (Critical ) Tj ET Q q 0 0 0 rg BT 83.24 334.10 Td (Accounting Policies and Estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (Note 1, "Summary of Significant ) Tj ET Q q 0 0 0 rg BT 184.07 310.10 Td (Accounting Policies" to the audited consolidated financial statements in our ) Tj ET Q q 0 0 0 rg BT 489.19 310.10 Td (Annual Report on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (Form 10-K for the year ended January 31, 2017 describes the significant accounting policies and methods used in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (preparation of the condensed consolidated financial statements appearing in this report. ) Tj ET Q q 0 0 0 rg BT 401.37 286.10 Td (The accounting policies that reflect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (more significant estimates, judgments and assumptions in the preparation of our condensed consolidated financial statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (are described in "Management) Tj ET Q q 0 0 0 rg BT 174.86 262.10 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 244.03 262.10 Td (Analysis of Financial Condition and Results of Operations" in Item 7 of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (Annual Report on Form 10-K for the year ended January 31, 2017, and include the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 226.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 226.10 Td (Revenue recognition;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 214.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 214.10 Td (Accounting for business combinations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 202.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 202.10 Td (Impairment of goodwill and other intangible assets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 190.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 190.10 Td (Accounting for income taxes;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 178.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 178.10 Td (Contingencies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 166.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 166.10 Td (Accounting for stock-based compensation;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 154.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 154.10 Td (Accounting for cost of revenue; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 142.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 142.10 Td (Allowance for doubtful accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (There were no significant changes to our critical accounting policies and estimates during the three months ended ) Tj ET Q q 0 0 0 rg BT 506.24 118.10 Td (April 30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (2017.) Tj ET Q endstream endobj 79 0 obj <>] /Rotate 0 /Contents 80 0 R>> endobj 80 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Results of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Seasonality and Cyclicality) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (As is typical for many software and technology companies, our business is subject to seasonal and cyclical factors. In most ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (years, our revenue and operating income are typically highest in the fourth quarter and lowest in the first quarter \(prior to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (impact of unusual or nonrecurring items\). Moreover) Tj ET Q q 0 0 0 rg BT 258.15 670.25 Td (, revenue and operating income in the first quarter of a new year may be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (lower than in the fourth quarter of the preceding year) Tj ET Q q 0 0 0 rg BT 262.01 658.25 Td (, in some years, by a significant mar) Tj ET Q q 0 0 0 rg BT 406.51 658.25 Td (gin. In addition, we generally receive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (a higher volume of orders in the last month of a quarter) Tj ET Q q 0 0 0 rg BT 270.92 646.25 Td (, with orders concentrated in the later part of that month. ) Tj ET Q q 0 0 0 rg BT 499.28 646.25 Td (W) Tj ET Q q 0 0 0 rg BT 507.92 646.25 Td (e believe that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (these seasonal and cyclical factors primarily reflect customer spending patterns and budget cycles, as well as the impact of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (incentive compensation plans for our sales personnel. ) Tj ET Q q 0 0 0 rg BT 266.43 622.25 Td (While seasonal and cyclical factors such as these are common in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (software and technology industry) Tj ET Q q 0 0 0 rg BT 182.93 610.25 Td (, this pattern should not be considered a reliable indicator of our future revenue or financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (performance. Many other factors, including general economic conditions, may also have an impact on our business and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (financial results.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (Overview of Operating Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (The following table sets forth a summary of certain key financial information for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 538.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.31 538.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.26 538.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.87 538.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 526.25 Td (: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 478.75 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 478.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 478.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 478.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 478.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 452.75 374.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 452.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 452.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 452.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 452.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 422.75 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 422.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 422.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 422.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 422.75 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 491.75 m 493.5 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 491.75 m 497.5 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 491.75 m 562.5 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 478.75 m 424.5 478.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 478.75 m 493.5 478.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 478.75 m 562.5 478.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 478.75 m 493.5 478.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 478.75 m 562.5 478.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 506.43 Td (Thr) Tj ET Q q 0 0 0 rg BT 465.99 506.43 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.10 496.43 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 482.32 Td (\(inthousands,exceptpersharedata\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 482.48 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 482.48 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 469.32 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 469.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 469.32 Td (260,995) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 469.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 469.32 Td (245,424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 456.32 Td (Operating loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 456.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 456.37 Td (\(9,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 456.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 456.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 456.37 Td (\(11,291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 456.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 442.42 Td (Net loss attributable to Verint Systems Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 442.47 Td (\(19,786) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 442.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 442.47 Td (\(17,456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 442.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 427.42 Td (Net loss per common share attributable to Verint Systems Inc.:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 425.51 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 413.32 Td ( Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 413.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 413.37 Td (\(0.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 413.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 413.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 413.37 Td (\(0.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 413.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 400.32 Td ( Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 400.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 400.37 Td (\(0.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 400.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 400.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 400.37 Td (\(0.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 400.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 373.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 373.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 373.25 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 373.25 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 373.25 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 373.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 373.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 373.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 373.25 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 373.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 373.25 Td ( Our revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.86 373.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.61 373.25 Td ( approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td ($15.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 361.25 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.72 361.25 Td (6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.05 361.25 Td (, to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.33 361.25 Td ($261.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.22 361.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.72 361.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.03 361.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.98 361.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.58 361.25 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.02 361.25 Td ($245.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.91 361.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.41 361.25 Td (three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.88 349.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 349.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.43 349.25 Td (.) Tj ET Q q 0 0 0 rg BT 139.25 349.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.30 349.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.05 349.25 Td ( consisted of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.04 349.25 Td ($14.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.93 349.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.43 349.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.18 349.25 Td ( in product revenue and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.03 349.25 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.92 349.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.42 349.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.18 349.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.25 Td (service and support revenue. In our Cyber Intelligence segment, revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.17 337.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.92 337.25 Td ( approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.68 337.25 Td ($14.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.57 337.25 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.40 337.25 Td (19%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.73 337.25 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.25 Td ($76.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 325.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.39 325.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.70 325.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.65 325.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.25 325.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.03 325.25 Td ($91.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.92 325.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.42 325.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.73 325.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.68 325.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.29 325.25 Td (. ) Tj ET Q q 0 0 0 rg BT 510.61 325.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.65 325.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 561.41 325.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.25 Td (consisted of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.49 313.25 Td ($15.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.38 313.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.88 313.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.63 313.25 Td ( in product revenue, partially of) Tj ET Q q 0 0 0 rg BT 323.07 313.25 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.45 313.25 Td ($1.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.34 313.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.84 313.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.25 313.25 Td ( in service and support ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td (revenue. In our Customer Engagement segment, revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.14 301.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.90 301.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.40 301.25 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.29 301.25 Td (, or approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.38 301.25 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.71 301.25 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 301.25 Td ($169.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.54 301.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.72 289.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.03 289.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.98 289.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.58 289.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.36 289.25 Td ($170.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.25 289.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.75 289.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.06 289.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.01 289.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.62 289.25 Td (. ) Tj ET Q q 0 0 0 rg BT 448.94 289.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.98 289.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.74 289.25 Td ( consisted of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.25 Td ($2.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.89 277.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.39 277.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.15 277.25 Td ( in service and support revenue, partially of) Tj ET Q q 0 0 0 rg BT 307.79 277.25 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.17 277.25 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.06 277.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.56 277.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.98 277.25 Td ( in product revenue. For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.25 Td (additional details on our revenue by segment, see "Revenue by Operating Segment". Revenue in the ) Tj ET Q q 0 0 0 rg BT 464.72 265.25 Td (Americas, in Europe, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.25 Td (the Middle East and ) Tj ET Q q 0 0 0 rg BT 132.21 253.25 Td (Africa \("EMEA"\), and in the ) Tj ET Q q 0 0 0 rg BT 249.78 253.25 Td (Asia-Pacific \("AP) Tj ET Q q 0 0 0 rg BT 320.98 253.25 Td (AC"\) regions represented approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.57 253.25 Td (55%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.90 253.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.90 253.25 Td (31%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.23 253.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.25 Td (14%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.33 241.25 Td ( of our total revenue, respectively) Tj ET Q q 0 0 0 rg BT 202.07 241.25 Td (, in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.07 241.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.38 241.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.32 241.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.93 241.25 Td (, compared to approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.39 241.25 Td (55%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.72 241.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.72 241.25 Td (30%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.05 241.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.25 Td (15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.33 229.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 120.99 229.25 Td (, in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.99 229.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.30 229.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.25 229.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.85 229.25 Td (. Further details of changes in revenue are provided below) Tj ET Q q 0 0 0 rg BT 524.40 229.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 205.25 Td (e reported an operating loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.49 205.25 Td ($9.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.38 205.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.87 205.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.18 205.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.13 205.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.74 205.25 Td ( compared to an operating loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.54 205.25 Td ($1) Tj ET Q q 0 0 0 rg BT 543.16 205.25 Td (1.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 193.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.39 193.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.70 193.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.65 193.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.25 193.25 Td (. ) Tj ET Q q 0 0 0 rg BT 252.57 193.25 Td (The lower operating loss was primarily due to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.13 193.25 Td ($5.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.02 193.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.52 193.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.28 193.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.25 Td (gross profit, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.77 181.25 Td ($144.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.66 181.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.44 181.25 Td ($150.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.33 181.25 Td (, partially of) Tj ET Q q 0 0 0 rg BT 302.30 181.25 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.68 181.25 Td ($3.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.57 181.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.07 181.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.82 181.25 Td ( in operating expenses, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.25 Td ($156.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.89 169.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.67 169.25 Td ($159.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.56 169.25 Td (. ) Tj ET Q q 0 0 0 rg BT 187.88 169.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.93 169.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.68 169.25 Td ( in operating expenses consisted of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.81 169.25 Td ($1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.70 169.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.20 169.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.95 169.25 Td ( in selling, general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.25 Td (and administrative expenses, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.68 157.25 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.57 157.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.07 157.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.83 157.25 Td ( in net research and development expenses, and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.19 157.25 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.08 157.25 Td ( increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 145.25 Td (amortization of other acquired intangible assets. Further details of changes in operating income are provided below) Tj ET Q q 0 0 0 rg BT 512.26 145.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.25 Td (Net loss attributable to ) Tj ET Q q 0 0 0 rg BT 143.13 121.25 Td (V) Tj ET Q q 0 0 0 rg BT 149.25 121.25 Td (erint Systems Inc. was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.73 121.25 Td ($19.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.63 121.25 Td (, and diluted net loss per common share was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.03 121.25 Td ($0.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.53 121.25 Td (, in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.52 121.25 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.25 Td (months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.83 109.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.77 109.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.38 109.25 Td ( compared to net loss attributable to ) Tj ET Q q 0 0 0 rg BT 312.00 109.25 Td (V) Tj ET Q q 0 0 0 rg BT 318.11 109.25 Td (erint Systems Inc. of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.37 109.25 Td ($17.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.27 109.25 Td (, and diluted net loss per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.25 Td (common share of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.92 97.25 Td ($0.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.42 97.25 Td (, in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.42 97.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.73 97.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.68 97.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.29 97.25 Td (. ) Tj ET Q q 0 0 0 rg BT 320.61 97.25 Td (The increased net loss attributable to ) Tj ET Q q 0 0 0 rg BT 469.82 97.25 Td (V) Tj ET Q q 0 0 0 rg BT 475.93 97.25 Td (erint Systems Inc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.25 Td (and diluted net loss per common share in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.35 85.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.66 85.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.61 85.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.21 85.25 Td ( was primarily due to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.63 85.25 Td ($5.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.53 85.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.03 85.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.78 85.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.25 Td (total other expense, net, which of) Tj ET Q q 0 0 0 rg BT 182.83 73.25 Td (fset the impact of decreased operating loss described above. ) Tj ET Q q 0 0 0 rg BT 427.28 73.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.33 73.25 Td ($5.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.22 73.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.72 73.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.47 73.25 Td ( in total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 61.25 Td (other expense, net, consisted primarily of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.67 61.25 Td ($6.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.56 61.25 Td ( increase in foreign currency losses, net and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.93 61.25 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.82 61.25 Td ( increase in ) Tj ET Q endstream endobj 81 0 obj <>] /Rotate 0 /Contents 82 0 R>> endobj 82 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (other) Tj ET Q q 0 0 0 rg BT 70.15 742.10 Td (, net expense, partially of) Tj ET Q q 0 0 0 rg BT 171.04 742.10 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.42 742.10 Td ($1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.31 742.10 Td ( decrease in net losses on derivative instruments. Further details of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (changes are provided below) Tj ET Q q 0 0 0 rg BT 161.25 730.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 706.10 Td ( portion of our business is conducted in currencies other than the U.S. dollar) Tj ET Q q 0 0 0 rg BT 360.92 706.10 Td (, and therefore our revenue and operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (expenses are af) Tj ET Q q 0 0 0 rg BT 110.89 694.10 Td (fected by fluctuations in applicable foreign currency exchange rates. ) Tj ET Q q 0 0 0 rg BT 389.20 694.10 Td (When comparing average exchange rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.88 682.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.19 682.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.14 682.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.74 682.10 Td ( to average exchange rates for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.61 682.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.92 682.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.87 682.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.48 682.10 Td (, the U.S. dollar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (strengthened relative to the British pound sterling, resulting in an overall decrease in our revenue, cost of revenue and operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (expenses on a U.S. dollar) Tj ET Q q 0 0 0 rg BT 151.45 658.10 Td (-denominated basis. For the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.53 658.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.84 658.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.79 658.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.40 658.10 Td (, had foreign currency exchange rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (remained unchanged from rates in ef) Tj ET Q q 0 0 0 rg BT 196.70 646.10 Td (fect for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.06 646.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.37 646.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.32 646.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.93 646.10 Td (, our revenue would have been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 634.10 Td ($2.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.15 634.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.65 634.10 Td (higher) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.20 634.10 Td ( and our cost of revenue and operating expenses on a combined basis would have been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 622.10 Td ($1.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.15 622.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.65 622.10 Td (higher) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.80 622.10 Td (, which would have resulted in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.98 622.10 Td ($0.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.88 622.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.38 622.10 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.79 622.10 Td ( in our operating loss.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.89 598.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.50 598.10 Td (, we employed approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.85 598.10 Td (5,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.35 598.10 Td ( professionals, including part-time employees and certain contractors. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.03 586.10 Td (5,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.53 586.10 Td ( at ) Tj ET Q q 0 0 0 rg BT 147.20 586.10 Td (April 30, 2016. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (Revenue by Operating Segment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (The following table sets forth revenue for each of our two operating segments for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.94 538.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.25 538.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 538.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.81 538.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (2016:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 477.60 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 477.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 477.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 477.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 477.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 477.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 477.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 451.60 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 451.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 451.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 451.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 451.60 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 451.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 451.60 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 490.6 m 424.5 490.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 490.6 m 428.5 490.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 490.6 m 493.5 490.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 490.6 m 562.5 490.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 477.6 m 355.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 477.6 m 424.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 477.6 m 493.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 490.6 m 562.5 490.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 477.6 m 562.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 477.6 m 424.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 477.6 m 493.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 477.6 m 562.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 451.6 m 424.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 451.6 m 493.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 439.6 m 424.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 437.6 m 424.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 439.6 m 493.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 437.6 m 493.5 437.6 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 493.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.50 505.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 398.99 505.28 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.10 495.28 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.85 495.28 Td (%Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 481.17 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.50 481.33 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 481.33 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.30 481.33 Td (2017 - 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 468.17 Td (Customer Engagement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 468.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 468.17 Td (169,985) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 468.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 468.17 Td (168,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 468.17 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 455.17 Td (Cyber Intelligence) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 455.17 Td (91,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 455.17 Td (76,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.30 455.17 Td (19%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 442.33 Td (Total revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.00 442.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 442.33 Td (260,995) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 442.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 442.33 Td (245,424) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 442.33 Td (6%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 427.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 415.10 Td (Customer Engagement Segment) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 391.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 391.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 391.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 391.10 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 391.10 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 391.10 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 391.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 391.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 391.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 391.10 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 391.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 391.10 Td ( Customer Engagement revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.75 379.10 Td ( approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.51 379.10 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.40 379.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.23 379.10 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.56 379.10 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.50 379.10 Td ($169.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.39 379.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.89 379.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.20 379.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 379.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.76 379.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.54 379.10 Td ($170.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.43 379.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.10 Td (in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 367.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.31 367.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.25 367.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.86 367.10 Td (. ) Tj ET Q q 0 0 0 rg BT 221.18 367.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.23 367.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.98 367.10 Td ( consisted of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.97 367.10 Td ($2.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.86 367.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.36 367.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.11 367.10 Td ( in service and support revenue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.10 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.97 355.10 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.35 355.10 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.24 355.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.74 355.10 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.15 355.10 Td ( in product revenue. ) Tj ET Q q 0 0 0 rg BT 298.44 355.10 Td (W) Tj ET Q q 0 0 0 rg BT 307.08 355.10 Td (e continue to experience a shift in our revenue mix from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.10 Td (product revenue to service and support revenue as a result of several factors, including a higher component of service of) Tj ET Q q 0 0 0 rg BT 530.20 343.10 Td (ferings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.10 Td (in our standard arrangements \(including licenses sold through cloud deployment\), an increase in services associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.10 Td (customer product upgrades, and growth in our customer install base. ) Tj ET Q q 0 0 0 rg BT 325.86 319.10 Td (The increase in Customer Engagement revenue was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.10 Td (primarily attributable to growth in sales of our cloud-based solutions in the three months ended ) Tj ET Q q 0 0 0 rg BT 432.42 307.10 Td (April 30, 2017 compared to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.10 Td (three months ended ) Tj ET Q q 0 0 0 rg BT 130.26 295.10 Td (April 30, 2016.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 271.10 Td (Cyber Intelligence Segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 247.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 247.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 247.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 247.10 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 247.10 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 247.10 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 247.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 247.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 247.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 247.10 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 247.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 247.10 Td ( Cyber Intelligence revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.44 247.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.20 247.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 235.10 Td ($14.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.15 235.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.98 235.10 Td (19%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.31 235.10 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.25 235.10 Td ($76.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.14 235.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.64 235.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.95 235.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.89 235.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.50 235.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.28 235.10 Td ($91.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.17 235.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.67 235.10 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.10 Td (months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.83 223.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.77 223.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.38 223.10 Td (. ) Tj ET Q q 0 0 0 rg BT 173.70 223.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.75 223.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.50 223.10 Td ( consisted of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.49 223.10 Td ($15.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.38 223.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.88 223.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.63 223.10 Td ( in product revenue, partially of) Tj ET Q q 0 0 0 rg BT 500.07 223.10 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.45 223.10 Td ($1.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 211.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 211.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.39 211.10 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.81 211.10 Td ( in service and support revenue. ) Tj ET Q q 0 0 0 rg BT 247.80 211.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.85 211.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.60 211.10 Td ( in product revenue was due to an increase in product deliveries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 199.10 Td (and an increase in progress realized during the current year on projects with revenue recognized using the percentage of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 187.10 Td (completion \("POC"\) method, some of which commenced in previous fiscal years. ) Tj ET Q q 0 0 0 rg BT 381.24 187.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.29 187.10 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.70 187.10 Td ( in service and support revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 175.10 Td (was primarily attributable to a decrease in support revenue from existing customers as well as provision of other value added ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 163.10 Td (services, partially of) Tj ET Q q 0 0 0 rg BT 131.18 163.10 Td (fset by an increase in progress realized during the current year on projects with revenue recognized using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 151.10 Td (the POC method.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 127.10 Td (V) Tj ET Q q 0 0 0 rg BT 55.56 127.10 Td (olume and Price) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 115.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 103.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 103.10 Td (e sell products in multiple configurations, and the price of any particular product varies depending on the configuration of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.10 Td (product sold. Due to the variety of customized configurations for each product we sell, we are unable to quantify the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.10 Td (any revenue changes attributable to a change in the price of any particular product and/or a change in the number of products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 67.10 Td (sold.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 55.10 Td () Tj ET Q endstream endobj 83 0 obj <>] /Rotate 0 /Contents 84 0 R>> endobj 84 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (36) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 60.37 742.25 Td (oduct Revenue and Service and Support Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 718.25 Td (e derive and report our revenue in two categories: \(a\)product revenue, including licensing of software products and sale of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (hardware products \(which include software that works together with the hardware to deliver the product's essential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (functionality\), and \(b\)service and support revenue, including revenue from installation services, post-contract customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (support, project management, hosting services, software-as-a-service \("SaaS"\), product warranties, consulting services, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (training services. For multiple-element arrangements for which we are unable to establish vendor) Tj ET Q q 0 0 0 rg BT 441.34 670.25 Td (-specific objective evidence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (\("VSOE"\) for one or more elements, we use various available indicators of fair value and apply our best judgment to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (reasonably classify the arrangement's revenue into product revenue and service and support revenue.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (The following table sets forth product revenue and service and support revenue for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.21 622.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.52 622.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.47 622.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.08 622.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 610.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 562.75 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 562.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 562.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 562.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 562.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 562.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 562.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 536.75 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 536.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 536.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 536.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 536.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 536.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 536.75 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 575.75 m 424.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 575.75 m 428.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 575.75 m 493.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 575.75 m 562.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 562.75 m 355.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 562.75 m 424.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 562.75 m 493.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 562.75 m 493.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 562.75 m 562.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 536.75 m 424.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 536.75 m 493.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 536.75 m 424.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 524.75 m 424.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 522.75 m 424.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 536.75 m 493.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 524.75 m 493.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 522.75 m 493.5 522.75 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 578.47 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.50 590.43 Td (Thr) Tj ET Q q 0 0 0 rg BT 398.99 590.43 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.10 580.43 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.85 580.43 Td (%Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 566.32 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.50 566.48 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 566.48 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.30 566.48 Td (2017 - 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 553.32 Td (Product revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 553.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 553.32 Td (89,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 553.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 553.32 Td (75,712) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.30 553.32 Td (19%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 540.32 Td (Service and support revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 540.32 Td (171,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 540.32 Td (169,712) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 540.32 Td (1%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 527.48 Td (Total revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.00 527.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 527.48 Td (260,995) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 527.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 527.48 Td (245,424) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 527.48 Td (6%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 512.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 500.25 Td (Product Revenue) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 476.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 476.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 476.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 476.25 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 476.25 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 476.25 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 476.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 476.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 476.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 476.25 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 476.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 476.25 Td ( Product revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.42 476.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.17 476.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 464.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 464.25 Td ($14.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.15 464.25 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.98 464.25 Td (19%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.31 464.25 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.25 464.25 Td ($75.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.14 464.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.52 464.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.83 464.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.78 464.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.38 464.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.16 464.25 Td ($89.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.05 464.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 452.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.31 452.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.26 452.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.87 452.25 Td (, resulting from a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.24 452.25 Td ($15.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.13 452.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.63 452.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.38 452.25 Td ( in our Cyber Intelligence segment, partially of) Tj ET Q q 0 0 0 rg BT 536.92 452.25 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.25 Td (by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.44 440.25 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.33 440.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.83 440.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.24 440.25 Td ( in our Customer Engagement segment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 416.25 Td (For additional information see "Revenue by Operating Segment".) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 392.25 Td (Service and Support Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 380.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 368.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 368.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 368.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 368.25 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 368.25 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 368.25 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 368.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 368.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 368.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 368.25 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 368.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 368.25 Td ( Service and support revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.73 368.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.48 368.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 356.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 356.25 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.15 356.25 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.98 356.25 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.31 356.25 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.25 356.25 Td ($169.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.14 356.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.52 356.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.83 356.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.78 356.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.38 356.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.16 356.25 Td ($171.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.05 356.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 344.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.31 344.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.26 344.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.87 344.25 Td (. ) Tj ET Q q 0 0 0 rg BT 196.19 344.25 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.46 344.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.22 344.25 Td ( was primarily attributable to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.74 344.25 Td ($2.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.63 344.25 Td ( increase in our Customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.25 Td (Engagement segment, partially of) Tj ET Q q 0 0 0 rg BT 184.78 332.25 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.15 332.25 Td ($1.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.04 332.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.54 332.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.96 332.25 Td ( in our Cyber Intelligence segment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.25 Td (For additional information see " Revenue by Operating Segment".) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 284.25 Td (Cost of Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.25 Td (The following table sets forth cost of revenue by product and service and support, as well as amortization of acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.25 Td (technology for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.81 248.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.12 248.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.07 248.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.68 248.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.12 248.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.12 248.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 200.75 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 200.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 200.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 200.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 200.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 200.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 200.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 174.75 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 174.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 174.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 174.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 174.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 174.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 174.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 213.75 m 424.5 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 213.75 m 428.5 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 213.75 m 493.5 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 213.75 m 562.5 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 200.75 m 355.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 200.75 m 424.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 200.75 m 493.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 213.75 m 562.5 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 200.75 m 562.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 200.75 m 424.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 200.75 m 493.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 200.75 m 562.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 159.75 m 424.5 159.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 159.75 m 493.5 159.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 159.75 m 424.5 159.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 147.75 m 424.5 147.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 145.75 m 424.5 145.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 159.75 m 493.5 159.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 147.75 m 493.5 147.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 145.75 m 493.5 145.75 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 216.47 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.50 228.43 Td (Thr) Tj ET Q q 0 0 0 rg BT 398.99 228.43 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.10 218.43 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.85 218.43 Td (%Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 204.32 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.50 204.48 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 204.48 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.30 204.48 Td (2017 - 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 191.32 Td (Cost of product revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 191.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 191.32 Td (33,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 191.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 191.32 Td (26,383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.30 191.32 Td (29%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 178.32 Td (Cost of service and support revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 178.32 Td (67,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 178.32 Td (65,131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 178.32 Td (3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 164.42 Td (Amortization of acquired technology) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 164.42 Td (9,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 164.42 Td (9,180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 164.42 Td (4%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 150.48 Td (Total cost of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.00 150.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 150.48 Td (110,803) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 150.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 150.48 Td (100,694) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 150.48 Td (10%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 123.25 Td (e exclude certain costs of both product revenue and service and support revenue, including shared support costs, stock-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.25 Td (compensation, and asset impairment char) Tj ET Q q 0 0 0 rg BT 215.04 111.25 Td (ges \(if any\), among others, as well as amortization of acquired technology) Tj ET Q q 0 0 0 rg BT 510.69 111.25 Td (, when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.25 Td (calculating our operating segment gross mar) Tj ET Q q 0 0 0 rg BT 227.27 99.25 Td (gins.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 75.25 Td (Cost of Product Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.25 Td () Tj ET Q endstream endobj 85 0 obj <>] /Rotate 0 /Contents 86 0 R>> endobj 86 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Cost of product revenue primarily consists of hardware material costs and royalties due to third parties for software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (components that are embedded in our software solutions. ) Tj ET Q q 0 0 0 rg BT 280.60 730.10 Td (When revenue is deferred, we also defer hardware material costs and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (third-party software royalties and recognize those costs over the same period that the product revenue is recognized. Cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (product revenue also includes amortization of capitalized software development costs, employee compensation and related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (expenses associated with our global operations, facility costs, and other allocated overhead expenses. In our Cyber Intelligence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (segment, cost of product revenue also includes employee compensation and related expenses, contractor and consulting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (expenses, and travel expenses, in each case for resources dedicated to project management and associated product delivery) Tj ET Q q 0 0 0 rg BT 540.25 670.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (Our product gross mar) Tj ET Q q 0 0 0 rg BT 140.08 646.10 Td (gins are impacted by the mix of products that we sell from period to period. ) Tj ET Q q 0 0 0 rg BT 446.95 646.10 Td (As with many other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (technology companies, our software products tend to have higher gross mar) Tj ET Q q 0 0 0 rg BT 352.79 634.10 Td (gins than our hardware products.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 610.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 610.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 610.10 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 610.10 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 610.10 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 610.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 610.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 610.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 610.10 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 610.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 610.10 Td ( Cost of product revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.52 610.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.28 610.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 598.10 Td ($7.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.15 598.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.98 598.10 Td (29%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.31 598.10 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.25 598.10 Td ($26.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.14 598.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.64 598.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.95 598.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.89 598.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 598.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.28 598.10 Td ($33.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.17 598.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.67 598.10 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.83 586.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.77 586.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.38 586.10 Td ( primarily due to increased cost of revenue in our Cyber Intelligence segment as a result of an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (increase in material costs and increase in contractor expense primarily due to increased revenue activity discussed above. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (overall product gross mar) Tj ET Q q 0 0 0 rg BT 152.29 562.10 Td (gins ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.46 562.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.87 562.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.65 562.10 Td (62%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.98 562.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.48 562.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.79 562.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.74 562.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.34 562.10 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.78 562.10 Td (65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.11 562.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.61 562.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.92 562.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.61 550.10 Td (.Product gross mar) Tj ET Q q 0 0 0 rg BT 186.20 550.10 Td (gins in our Customer Engagement segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.17 550.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.58 550.10 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.02 550.10 Td (79%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.35 550.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.84 550.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.16 550.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.61 538.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.39 538.10 Td (77%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.72 538.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.21 538.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.52 538.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.47 538.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.08 538.10 Td (. Product gross mar) Tj ET Q q 0 0 0 rg BT 383.67 538.10 Td (gins in our Cyber Intelligence segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.75 526.10 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.19 526.10 Td (53%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.52 526.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.02 526.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.33 526.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.28 526.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.88 526.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.66 526.10 Td (55%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.99 526.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.49 526.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.80 526.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.75 526.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.36 526.10 Td ( primarily due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (a change in product mix. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (Cost of Service and Support Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (Cost of service and support revenue primarily consists of employee compensation and related expenses, contractor costs, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (travel expenses relating to installation, training, consulting, and maintenance services. Cost of service and support revenue also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (includes stock-based compensation expenses, facility costs, and other overhead expenses. In accordance with GAAP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (and our accounting policy) Tj ET Q q 0 0 0 rg BT 153.49 430.10 Td (, the cost of service and support revenue is generally expensed as incurred in the period in which the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (services are performed, with the exception of certain transactions accounted for using the POC method.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 394.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 394.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 394.10 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 394.10 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 394.10 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 394.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 394.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 394.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 394.10 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 394.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 394.10 Td ( Cost of service and support revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.75 382.10 Td ( approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.51 382.10 Td ($2.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.40 382.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.23 382.10 Td (3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.56 382.10 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.50 382.10 Td ($65.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.39 382.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.89 382.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.20 382.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.15 382.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.76 382.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.54 382.10 Td ($67.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.43 382.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.72 370.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.03 370.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.98 370.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.58 370.10 Td (. ) Tj ET Q q 0 0 0 rg BT 208.40 370.10 Td (The increase was primarily attributable to increased contractor expense as a result of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (increased use of contractors in our Customer Engagement segment in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.63 358.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.94 358.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.89 358.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.50 358.10 Td ( compared to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.31 346.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.26 346.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.87 346.10 Td (. Our overall service and support gross mar) Tj ET Q q 0 0 0 rg BT 363.92 346.10 Td (gins ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.09 346.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.50 346.10 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.94 346.10 Td (62%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.27 346.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.76 346.10 Td (three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.88 334.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 334.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.43 334.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.21 334.10 Td (61%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.54 334.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.04 334.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.35 334.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.30 334.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.90 334.10 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (Amortization of ) Tj ET Q q 0 0 0 rg BT 116.87 310.10 Td (Acquired T) Tj ET Q q 0 0 0 rg BT 162.33 310.10 Td (echnology) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (Amortization of acquired technology consists of amortization of technology assets acquired in connection with business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (combinations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 250.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 250.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 250.10 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 250.10 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 250.10 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 250.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 250.10 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 250.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 250.10 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 250.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 250.10 Td ( ) Tj ET Q q 0 0 0 rg BT 399.61 250.10 Td (Amortization of acquired technology ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.75 238.10 Td ( approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.51 238.10 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.40 238.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.23 238.10 Td (4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.56 238.10 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.50 238.10 Td ($9.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.39 238.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.89 238.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.20 238.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 238.10 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.76 238.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.54 238.10 Td ($9.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.43 238.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.31 226.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.26 226.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.87 226.10 Td (. ) Tj ET Q q 0 0 0 rg BT 196.19 226.10 Td (The increase was attributable to amortization expense of acquired technology-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (intangible assets associated with recent business combinations, partially of) Tj ET Q q 0 0 0 rg BT 348.36 214.10 Td (fset by a decrease in amortization expense as a result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (of acquired technology intangibles from historical business combinations becoming fully amortized. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Further discussion regarding our business combinations appears in Note 4, "Business Combinations" to our condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (consolidated financial statements included under Part I, Item 1 of this report.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (Resear) Tj ET Q q 0 0 0 rg BT 79.25 142.10 Td (ch and Development, Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (Research and development expenses consist primarily of personnel and subcontracting expenses, facility costs, and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (allocated overhead, net of certain software development costs that are capitalized as well as reimbursements under government ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (programs. Software development costs are capitalized upon the establishment of technological feasibility and continue to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (capitalized through the general release of the related software product.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (The following table sets forth research and development, net for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.79 58.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.10 58.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.05 58.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.66 58.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.10 58.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.10 58.10 Td (:) Tj ET Q endstream endobj 87 0 obj <>] /Rotate 0 /Contents 88 0 R>> endobj 88 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (38) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 711.50 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 711.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 711.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 711.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 711.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 711.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 711.50 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 724.5 m 424.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 724.5 m 428.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 724.5 m 493.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 724.5 m 562.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 711.5 m 355.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 711.5 m 424.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 711.5 m 493.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 711.5 m 562.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 711.5 m 424.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 697.5 m 424.5 697.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 695.5 m 424.5 695.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 711.5 m 493.5 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 697.5 m 493.5 697.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 695.5 m 493.5 695.5 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 727.22 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.50 739.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 398.99 739.18 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.10 729.18 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.85 729.18 Td (%Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 715.07 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.50 715.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 715.23 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.30 715.23 Td (2017 - 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 701.17 Td (Research and development, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 701.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 701.17 Td (46,233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 701.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 701.17 Td (44,720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 701.17 Td (3%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.00 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 52.50 673.00 Td (Thr) Tj ET Q q 0 0 0 rg BT 66.58 673.00 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 136.01 673.00 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 138.33 673.00 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 196.38 673.00 Td ( compar) Tj ET Q q 0 0 0 rg BT 229.06 673.00 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 251.28 673.00 Td (Thr) Tj ET Q q 0 0 0 rg BT 265.36 673.00 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.79 673.00 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 337.10 673.00 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 395.16 673.00 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.16 673.00 Td (Research and development, net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.00 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.75 661.00 Td ( approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.51 661.00 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.40 661.00 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.23 661.00 Td (3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.56 661.00 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.50 661.00 Td ($44.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.39 661.00 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.89 661.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.20 661.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.15 661.00 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.76 661.00 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.54 661.00 Td ($46.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.43 661.00 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.72 649.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.03 649.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.98 649.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.58 649.00 Td (. ) Tj ET Q q 0 0 0 rg BT 210.90 649.00 Td (The increase is primarily due to increased stock-based compensation expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.00 Td (attributable to research and development employees related to our bonus share program \(which is discussed in Note 12, "Stock-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.00 Td (based Compensation" to our condensed consolidated financial statements included under Part I, Item 1 of this report\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.00 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 601.00 Td (Selling, General and ) Tj ET Q q 0 0 0 rg BT 138.90 601.00 Td (Administrative Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 589.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.00 Td (Selling, general and administrative expenses consist primarily of personnel costs and related expenses, professional fees, sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.00 Td (and marketing expenses, including travel, sales commissions and sales referral fees, facility costs, communication expenses, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 553.00 Td (and other administrative expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 529.00 Td (The following table sets forth selling, general and administrative expenses for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.52 529.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.83 529.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.77 529.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.38 529.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.82 529.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.82 529.00 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 479.50 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 479.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 479.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 479.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 479.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 479.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 479.50 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 494.5 m 424.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 494.5 m 428.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 494.5 m 493.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 494.5 m 562.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 479.5 m 355.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 479.5 m 424.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 479.5 m 493.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 494.5 m 562.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 479.5 m 562.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 479.5 m 424.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 465.5 m 424.5 465.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 463.5 m 424.5 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 479.5 m 493.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 465.5 m 493.5 465.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 463.5 m 493.5 463.5 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 497.22 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.50 509.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 398.99 509.18 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.10 499.18 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.85 499.18 Td (%Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 484.17 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.50 484.18 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 484.18 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.30 484.18 Td (2017 - 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 469.17 Td (Selling, general and administrative) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 469.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 469.17 Td (101,807) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 469.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 469.17 Td (100,035) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 469.17 Td (2%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.00 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 441.00 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 441.00 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 441.00 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 441.00 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 441.00 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 441.00 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 441.00 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 441.00 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 441.00 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 441.00 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 441.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 441.00 Td ( Selling, general and administrative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.00 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.60 429.00 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.35 429.00 Td ( approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.11 429.00 Td ($1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.00 429.00 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.83 429.00 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.16 429.00 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.10 429.00 Td ($100.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.99 429.00 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.49 429.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 429.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.75 429.00 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.36 429.00 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.13 429.00 Td ($101.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 417.00 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.39 417.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.70 417.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.65 417.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.25 417.00 Td (. ) Tj ET Q q 0 0 0 rg BT 252.57 417.00 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.85 417.00 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.61 417.00 Td ( was primarily attributable to a $2.8 million increase in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.00 Td (change in fair value of our obligations under contingent consideration arrangements, a $1.0 million increase in contractor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.00 Td (expense, and a $0.7 million increase in stock-based compensation expense due primarily to an increase in expenses related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.00 Td (our bonus share program \(which is discussed in Note 12, "Stock-based Compensation" to our condensed consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.00 Td (statements included under Part I, Item 1 of this report\). ) Tj ET Q q 0 0 0 rg BT 274.48 369.00 Td (These increases were partially of) Tj ET Q q 0 0 0 rg BT 405.90 369.00 Td (fset by a $2.6 million decrease in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.00 Td (selling, general, and administrative expense as a result of increased costs associated with capitalized software development for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.00 Td (internal use during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.20 345.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.51 345.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.46 345.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.06 345.00 Td ( compared to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.48 345.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.79 345.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.74 345.00 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.35 345.00 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 321.00 Td (Amortization of Other) Tj ET Q q 0 0 0 rg BT 145.90 321.00 Td ( ) Tj ET Q q 0 0 0 rg BT 147.85 321.00 Td (Acquir) Tj ET Q q 0 0 0 rg BT 177.67 321.00 Td (ed Intangible ) Tj ET Q q 0 0 0 rg BT 236.02 321.00 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.00 Td (Amortization of other acquired intangible assets consists of amortization of certain intangible assets acquired in connection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.00 Td (with business combinations, including customer relationships, distribution networks, trade names, and non-compete ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.00 Td (agreements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.00 Td (The following table sets forth amortization of other acquired intangible assets for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.84 249.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 249.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 249.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.71 249.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 237.00 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 189.50 305.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 189.50 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 189.50 65.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 189.50 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 189.50 65.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 189.50 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 189.50 65.00 -21.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 202.5 m 424.5 202.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 202.5 m 428.5 202.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 202.5 m 493.5 202.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 202.5 m 562.5 202.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 189.5 m 355.5 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 189.5 m 424.5 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 189.5 m 493.5 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 202.5 m 562.5 202.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 189.5 m 562.5 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 189.5 m 424.5 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 169.5 m 424.5 169.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 167.5 m 424.5 167.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 189.5 m 493.5 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 169.5 m 493.5 169.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 167.5 m 493.5 167.5 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 205.22 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.50 217.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 398.99 217.18 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.10 207.18 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.85 207.18 Td (%Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 193.07 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.50 193.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 193.23 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.30 193.23 Td (2017 - 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 173.17 Td (Amortization of other acquired intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 173.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 173.17 Td (11,537) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 173.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 173.17 Td (11,266) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 173.17 Td (2%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.00 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 145.00 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 145.00 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 145.00 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 145.00 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 145.00 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 145.00 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 145.00 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 145.00 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 145.00 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 145.00 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 145.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 145.00 Td ( ) Tj ET Q q 0 0 0 rg BT 397.11 145.00 Td (Amortization of other acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 133.00 Td (intangible assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.32 133.00 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.07 133.00 Td ( approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.83 133.00 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.72 133.00 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.55 133.00 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.88 133.00 Td (, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.82 133.00 Td ($1) Tj ET Q q 0 0 0 rg BT 333.45 133.00 Td (1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.34 133.00 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.84 133.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 133.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.10 133.00 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.71 133.00 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.00 Td ($1) Tj ET Q q 0 0 0 rg BT 59.63 121.00 Td (1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.52 121.00 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.02 121.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.33 121.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.27 121.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.88 121.00 Td ( as a result of an increase in amortization expense from acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.00 Td (intangible assets from recent business combinations, partially of) Tj ET Q q 0 0 0 rg BT 306.43 109.00 Td (fset by acquired intangible assets from historical business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.00 Td (combinations becoming fully amortized. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.00 Td (Further discussion regarding our business combinations appears in Note 4, "Business Combinations" to our condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 61.00 Td (consolidated financial statements included under Part I, Item 1 of this report.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 49.00 Td () Tj ET Q endstream endobj 89 0 obj <>] /Rotate 0 /Contents 90 0 R>> endobj 90 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 742.25 Td ( Expense, Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (The following table sets forth total other expense, net for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.93 718.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.24 718.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.19 718.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.79 718.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.23 718.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.23 718.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.75 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 670.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 670.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 670.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 670.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 670.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 670.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 644.75 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 644.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 644.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 644.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 644.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 644.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 644.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 618.75 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 618.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 618.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 618.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 618.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 618.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 618.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 592.75 305.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 592.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 592.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 592.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 592.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 592.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 592.75 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 683.75 m 424.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 683.75 m 428.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 683.75 m 493.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 683.75 m 562.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 670.75 m 355.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 670.75 m 424.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 670.75 m 493.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 683.75 m 562.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 670.75 m 562.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 670.75 m 424.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 657.75 m 424.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 670.75 m 493.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 657.75 m 493.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 644.75 m 424.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 644.75 m 493.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 592.75 m 424.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 592.75 m 493.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 579.75 m 424.5 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 579.75 m 493.5 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 579.75 m 424.5 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 567.75 m 424.5 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 565.75 m 424.5 565.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 579.75 m 493.5 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 567.75 m 493.5 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 565.75 m 493.5 565.75 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 686.47 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.50 698.43 Td (Thr) Tj ET Q q 0 0 0 rg BT 398.99 698.43 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.10 688.43 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.85 688.43 Td (%Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 674.32 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.50 674.48 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 674.48 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.30 674.48 Td (2017 - 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 661.32 Td (Interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 661.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 661.32 Td (330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 661.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 661.32 Td (153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.80 661.32 Td (116%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 648.32 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 648.37 Td (\(8,988) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 648.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 648.37 Td (\(8,544) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 648.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 648.32 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 635.32 Td (Other \(expense\) income:) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 421.00 634.51 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 490.00 634.51 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 622.32 Td (Foreign currency \(losses\) gains, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 622.37 Td (\(424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 622.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 622.32 Td (5,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.00 622.32 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 609.32 Td (Losses on derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 609.37 Td (\(370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 609.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 609.37 Td (\(1,559) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 609.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.00 609.32 Td (\(76\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 596.32 Td (Other, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 596.37 Td (\(1,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 596.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 596.37 Td (\(547) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 596.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.80 596.32 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 583.32 Td (Total other \(expense\) income, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 583.37 Td (\(1,889) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 583.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 583.32 Td (3,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.00 583.32 Td (*) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 570.48 Td (Total other expense, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.00 570.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.80 570.53 Td (\(10,547) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 570.48 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 570.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.80 570.53 Td (\(4,572) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 570.48 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.00 570.48 Td (131%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.25 Td (* Percentage is not meaningful.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 531.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 519.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 519.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 519.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 519.25 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 519.25 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 519.25 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 519.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 519.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 519.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 519.25 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 519.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 519.25 Td ( ) Tj ET Q q 0 0 0 rg BT 397.48 519.25 Td (T) Tj ET Q q 0 0 0 rg BT 402.89 519.25 Td (otal other expense, net, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.86 519.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.61 519.25 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.25 Td ($5.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.89 507.25 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.33 507.25 Td ($4.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.22 507.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.72 507.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.03 507.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.98 507.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.58 507.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.36 507.25 Td ($10.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.25 507.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.75 507.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.06 507.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.01 507.25 Td (April30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 495.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 471.25 Td (Interest expensed increased from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.38 471.25 Td ($8.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.28 471.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.77 471.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.08 471.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.03 471.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.64 471.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.42 471.25 Td ($9.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.31 471.25 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.80 471.25 Td (three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 459.25 Td (ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.88 459.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 459.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.43 459.25 Td ( primarily due to higher interest rates on outstanding borrowings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 435.25 Td (e recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.05 435.25 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.94 435.25 Td ( of net foreign currency losses in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.23 435.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.54 435.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.49 435.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.10 435.25 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.80 435.25 Td ($5.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.69 435.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.25 Td (net foreign currency gains in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.17 423.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.48 423.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.43 423.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.04 423.25 Td (. Foreign currency losses in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.01 423.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.32 423.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.61 411.25 Td ( resulted primarily from the weakening of the U.S. dollar against the British pound sterling from January 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.25 Td (2017 to ) Tj ET Q q 0 0 0 rg BT 82.23 399.25 Td (April 30, 2017, resulting in foreign currency losses on U.S dollar) Tj ET Q q 0 0 0 rg BT 342.26 399.25 Td (-denominated net assets in certain entities which use ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.25 Td (British pound sterling functional currency) Tj ET Q q 0 0 0 rg BT 217.09 387.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.25 Td (In the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.55 363.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.86 363.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.81 363.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.41 363.25 Td (, there were net losses on derivative financial instruments \(not designated as hedging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.25 Td (instruments\) of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.33 351.25 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.22 351.25 Td (, compared to net losses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.36 351.25 Td ($1.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.25 351.25 Td ( on such instruments for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.12 351.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.43 351.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.38 351.25 Td (April30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 339.25 Td (. ) Tj ET Q q 0 0 0 rg BT 77.32 339.25 Td (The net losses in the current year primarily reflected losses on contracts executed to hedge movements in the exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.25 Td (rate between the U.S. dollar and the Brazilian real.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 303.25 Td (\(Benefit\) Pr) Tj ET Q q 0 0 0 rg BT 100.07 303.25 Td (ovision for) Tj ET Q q 0 0 0 rg BT 145.17 303.25 Td ( Income ) Tj ET Q q 0 0 0 rg BT 181.65 303.25 Td (T) Tj ET Q q 0 0 0 rg BT 187.40 303.25 Td (axes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.25 Td (The following table sets forth our \(benefit\) provision for income taxes for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.86 279.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.17 279.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.11 279.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.72 279.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.16 279.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.16 279.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 231.75 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 231.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 231.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 231.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 231.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 231.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 231.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 244.75 m 424.5 244.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 244.75 m 428.5 244.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 244.75 m 493.5 244.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 244.75 m 562.5 244.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 231.75 m 355.5 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 231.75 m 424.5 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 231.75 m 493.5 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 231.75 m 562.5 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 231.75 m 424.5 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 217.75 m 424.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 215.75 m 424.5 215.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 231.75 m 493.5 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 217.75 m 493.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 215.75 m 493.5 215.75 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 247.47 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.50 259.43 Td (Thr) Tj ET Q q 0 0 0 rg BT 398.99 259.43 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.10 249.43 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.85 249.43 Td (%Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 235.32 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.50 235.48 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 235.48 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.30 235.48 Td (2017 - 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 221.42 Td (\(Benefit\) provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 221.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 221.47 Td (\(892) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 221.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 221.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 221.42 Td (330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 221.42 Td (\(370\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 205.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 193.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 64.08 193.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.51 193.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 135.83 193.25 Td (April30, 2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 193.88 193.25 Td ( compar) Tj ET Q q 0 0 0 rg BT 226.56 193.25 Td (ed to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 248.78 193.25 Td (Thr) Tj ET Q q 0 0 0 rg BT 262.86 193.25 Td (ee Months Ended) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.29 193.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 334.60 193.25 Td (April30, 2016) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 392.66 193.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.16 193.25 Td ( Our ef) Tj ET Q q 0 0 0 rg BT 423.30 193.25 Td (fective income tax rate was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.19 193.25 Td (4.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.02 193.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.25 Td (for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.88 181.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.19 181.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.14 181.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.74 181.25 Td (, compared to a negative ef) Tj ET Q q 0 0 0 rg BT 325.84 181.25 Td (fective income tax rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.51 181.25 Td (2.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.34 181.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.72 181.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 561.03 181.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.25 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.61 169.25 Td (. For the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.22 169.25 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.53 169.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.48 169.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.08 169.25 Td (, the pre-tax loss in our jurisdictions where we recorded income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.25 Td (benefits was significantly lower than the pre-tax losses in our domestic and foreign jurisdictions where we maintain valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 145.25 Td (allowances and did not record the related income tax benefits. ) Tj ET Q q 0 0 0 rg BT 300.00 145.25 Td (W) Tj ET Q q 0 0 0 rg BT 308.64 145.25 Td (e also recorded a discrete income tax benefit of $0.9 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 133.25 Td (for the adjustment of certain unrecognized tax benefits mainly due to an audit settlement. ) Tj ET Q q 0 0 0 rg BT 411.37 133.25 Td (The result was an income tax benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 121.25 Td ($0.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.72 121.25 Td ( on a pre-tax loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.37 121.25 Td ($19.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.26 121.25 Td (, which represented an ef) Tj ET Q q 0 0 0 rg BT 345.31 121.25 Td (fective income tax rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.98 121.25 Td (4.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.81 121.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.25 Td (For the three months ended ) Tj ET Q q 0 0 0 rg BT 161.37 97.25 Td (April30, 2016, pre-tax income in our profitable jurisdictions, where we recorded income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.25 Td (provisions, was significantly lower than the pre-tax losses in our domestic and foreign jurisdictions where we maintain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.25 Td (valuation allowances and did not record the related tax benefits. ) Tj ET Q q 0 0 0 rg BT 310.28 73.25 Td (The result was an income tax provision of $0.3 million on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 61.25 Td (pre-tax loss of $15.9 million, which represented a negative ef) Tj ET Q q 0 0 0 rg BT 295.02 61.25 Td (fective income tax rate of 2.1%. ) Tj ET Q endstream endobj 91 0 obj <>] /Rotate 0 /Contents 92 0 R>> endobj 92 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (40) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Backlog) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (For most of our transactions, delivery generally occurs within several months following receipt of the order) Tj ET Q q 0 0 0 rg BT 479.33 718.25 Td (. However) Tj ET Q q 0 0 0 rg BT 520.58 718.25 Td (, certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (projects, particularly in our Cyber Intelligence segment, can extend over longer periods of time, delivery under which, for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (various reasons, may be delayed, modified, or canceled. ) Tj ET Q q 0 0 0 rg BT 278.53 694.25 Td (As a result, we believe that our backlog at any particular time is not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (meaningful because it is not necessarily indicative of future revenue.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (Liquidity and Capital Resour) Tj ET Q q 0 0 0 rg BT 175.68 646.25 Td (ces) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (Our primary recurring source of cash is the collection of proceeds from the sale of products and services to our customers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (including cash periodically collected in advance of delivery or performance.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (Our primary recurring use of cash is payment of our operating costs, which consist primarily of employee-related expenses, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (such as compensation and benefits, as well as general operating expenses for marketing, facilities and overhead costs, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (capital expenditures. ) Tj ET Q q 0 0 0 rg BT 135.06 538.25 Td (W) Tj ET Q q 0 0 0 rg BT 143.70 538.25 Td (e also utilize cash for debt service under our Credit ) Tj ET Q q 0 0 0 rg BT 349.74 538.25 Td (Agreement and our Notes, and periodically for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (business acquisitions. Cash generated from operations, along with our existing cash, cash equivalents, and short-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (investments, are our primary sources of operating liquidity) Tj ET Q q 0 0 0 rg BT 284.29 514.25 Td (, and we believe that our operating liquidity is suf) Tj ET Q q 0 0 0 rg BT 482.95 514.25 Td (ficient to support ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (our current business operations, including debt service and capital expenditure requirements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 478.25 Td (e have historically expanded our business in part by investing in strategic growth initiatives, including acquisitions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (products, technologies, and businesses. ) Tj ET Q q 0 0 0 rg BT 208.96 466.25 Td (W) Tj ET Q q 0 0 0 rg BT 217.60 466.25 Td (e have used cash as consideration for substantially all of our historical business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (acquisitions, including approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.31 454.25 Td ($13.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.20 454.25 Td ( of net cash expended for business acquisitions during the three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 75.83 442.25 Td (April 30, 2017, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.37 442.25 Td ($69.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.26 442.25 Td ( of net cash expended for business acquisitions during the three months ended ) Tj ET Q q 0 0 0 rg BT 523.80 442.25 Td (April 30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 406.25 Td (e continually examine our options with respect to terms and sources of existing and future short-term and long-term capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (resources to enhance our operating results and to ensure that we retain financial flexibility) Tj ET Q q 0 0 0 rg BT 409.50 394.25 Td (, and may from time to time elect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (raise additional equity or debt capital in the capital markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 358.25 Td ( considerable portion of our operating income is earned outside the United States. Cash, cash equivalents, short-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (investments, and restricted cash and bank time deposits \(excluding any long-term portions\) held by our subsidiaries outside of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (the United States were $309.7 million and $282.1 million as of ) Tj ET Q q 0 0 0 rg BT 303.58 334.25 Td (April 30, 2017 and January 31, 2017, respectively) Tj ET Q q 0 0 0 rg BT 502.89 334.25 Td (, and are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (generally used to fund the subsidiaries) Tj ET Q q 0 0 0 rg BT 206.16 322.25 Td ( operating requirements and to invest in growth initiatives, including business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (acquisitions. ) Tj ET Q q 0 0 0 rg BT 102.59 310.25 Td (These subsidiaries also held long-term restricted cash and bank time deposits of $51.3 million and $54.6 million at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (April 30, 2017 and January 31, 2017, respectively) Tj ET Q q 0 0 0 rg BT 249.31 298.25 Td (. ) Tj ET Q q 0 0 0 rg BT 254.13 298.25 Td (W) Tj ET Q q 0 0 0 rg BT 262.76 298.25 Td (e currently do not anticipate that we will need funds generated from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (foreign operations to fund our domestic operations for the next 12 months or for the foreseeable future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (Should other circumstances arise whereby we require more capital in the United States than is generated by our domestic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (operations, or should we otherwise consider it in our best interests, we could repatriate future earnings from foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (jurisdictions, which could result in higher ef) Tj ET Q q 0 0 0 rg BT 226.73 238.25 Td (fective tax rates. If available, our NOLs, particularly those in the United States, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (could reduce potential income tax liabilities that may result from repatriated earnings from foreign jurisdictions to the United ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (States. ) Tj ET Q q 0 0 0 rg BT 78.71 214.25 Td (W) Tj ET Q q 0 0 0 rg BT 87.34 214.25 Td (e generally have not provided for deferred income taxes on the excess of the amount for financial reporting over the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (tax basis of investments in our foreign subsidiaries because we currently plan to indefinitely reinvest such earnings outside the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (United States.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (The following table summarizes our total cash, cash equivalents, restricted cash and bank time deposits, and short-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (investments, as well as our total debt, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.58 154.25 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.19 154.25 Td ( and January 31, 2017:) Tj ET Q endstream endobj 93 0 obj <>] /Rotate 0 /Contents 94 0 R>> endobj 94 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (41) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 722.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 722.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 722.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 722.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 722.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 696.50 374.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 696.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 696.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 696.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 696.50 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 658.50 374.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 658.50 4.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 658.50 65.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 658.50 4.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 658.50 65.00 -18.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 722.5 m 424.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 722.5 m 493.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 722.5 m 562.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 683.5 m 493.5 683.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 683.5 m 562.5 683.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 659.5 m 493.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 657.5 m 493.5 657.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 659.5 m 562.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 657.5 m 562.5 657.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 657.5 m 493.5 657.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 659.5 m 493.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 641.5 m 493.5 641.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 639.5 m 493.5 639.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 657.5 m 562.5 657.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 659.5 m 562.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 641.5 m 562.5 641.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 639.5 m 562.5 639.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.60 739.23 Td (April 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.20 739.23 Td (January 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 726.07 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.50 726.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 726.23 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 713.07 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 713.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 713.07 Td (340,091) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 713.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 713.07 Td (307,363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 700.07 Td (Restricted cash and bank time deposits \(excluding long term portions\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 700.07 Td (12,623) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 700.07 Td (9,198) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 687.07 Td (Short-term investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 687.07 Td (4,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 687.07 Td (3,184) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 673.18 Td (Total cash, cash equivalents, restricted cash and bank time deposits, and short-term) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 663.18 Td (investments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 663.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 663.18 Td (357,247) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 663.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 526.15 663.18 Td (319,745) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 645.18 Td (Total debt, including current portion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.00 645.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 645.18 Td (750,885) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.00 645.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 526.15 645.18 Td (748,871) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 629.00 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 617.00 Td (Condensed Consolidated Cash Flow ) Tj ET Q q 0 0 0 rg BT 201.33 617.00 Td (Activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.00 Td (The following table summarizes selected items from our condensed consolidated statements of cash flows for the three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.00 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 585.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.43 585.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.87 585.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.87 585.00 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 529.50 367.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 529.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 529.50 68.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 529.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 529.50 69.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 503.50 367.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 503.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 503.50 68.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 503.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 503.50 69.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 477.50 367.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 477.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 477.50 68.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 477.50 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 477.50 69.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 542.5 m 489.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 542.5 m 493.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 542.5 m 562.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 529.5 m 417.5 529.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 529.5 m 489.5 529.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 542.5 m 562.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 529.5 m 562.5 529.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 529.5 m 489.5 529.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 529.5 m 562.5 529.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 477.5 m 489.5 477.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 477.5 m 562.5 477.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 477.5 m 489.5 477.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 465.5 m 489.5 465.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 463.5 m 489.5 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 477.5 m 562.5 477.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 465.5 m 562.5 465.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 463.5 m 562.5 463.5 l s BT /F2 1.00 Tf ET q 0 0 0 rg BT 53.00 545.22 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.00 557.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 462.49 557.18 Td (ee Months Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 547.18 Td (April 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 533.07 Td (\(inthousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.00 533.23 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.50 533.23 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 520.07 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.00 520.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 520.07 Td (59,761) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.00 520.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 520.07 Td (61,862) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 507.07 Td (Net cash used in investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.80 507.12 Td (\(22,118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 507.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 507.12 Td (\(71,254) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 507.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 494.07 Td (Net cash used in financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.80 494.12 Td (\(3,583) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 494.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 494.12 Td (\(20,857) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 494.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 481.07 Td (Effect of foreign currency exchange rate changes on cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.80 481.12 Td (\(1,332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 481.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 481.07 Td (2,049) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 468.23 Td (Net increase \(decrease\) in cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.00 468.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.15 468.23 Td (32,728) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.00 468.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.80 468.28 Td (\(28,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 468.23 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.00 Td (Our operating activities generated $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.28 441.00 Td (59.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.17 441.00 Td ( of cash during the three months ended ) Tj ET Q q 0 0 0 rg BT 399.35 441.00 Td (April 30, 2017, which was of) Tj ET Q q 0 0 0 rg BT 516.10 441.00 Td (fset by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.00 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.00 429.00 Td (25.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 429.00 Td ( of net cash used in combined investing and financing activities during this period. Further discussion of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.00 Td (items appears below) Tj ET Q q 0 0 0 rg BT 130.99 417.00 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 393.00 Td (Net Cash Provided by Operating ) Tj ET Q q 0 0 0 rg BT 185.45 393.00 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.00 Td (Net cash provided by operating activities is driven primarily by our net income, as adjusted for non-cash items and working ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.00 Td (capital changes. Operating activities generated $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.80 357.00 Td (59.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.70 357.00 Td ( of net cash during the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.59 357.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.20 357.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.00 Td (compared to $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.20 345.00 Td (61.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.09 345.00 Td ( generated during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.28 345.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.59 345.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.54 345.00 Td (April30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.15 345.00 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.00 Td (Our cash flow from operating activities can fluctuate from period to period due to several factors, including the timing of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.00 Td (billings and collections, the timing and amounts of interest, income tax and other payments, and our operating results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.00 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 285.00 Td (Net Cash Used in Investing ) Tj ET Q q 0 0 0 rg BT 164.92 285.00 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.00 Td (During the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.55 261.00 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.86 261.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.81 261.00 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.41 261.00 Td (, our investing activities used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.84 261.00 Td ($22.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.73 261.00 Td ( of net cash, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.82 261.00 Td ($13.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.71 261.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.00 Td (of net cash utilized for business acquisitions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.63 249.00 Td ($7.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.52 249.00 Td ( of payments for property) Tj ET Q q 0 0 0 rg BT 382.07 249.00 Td (, equipment and capitalized software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.00 Td (development costs, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.09 237.00 Td ($1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.98 237.00 Td ( of purchases of short-term investments, partially of) Tj ET Q q 0 0 0 rg BT 401.97 237.00 Td (fset by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.41 237.00 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.30 237.00 Td ( of net cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.00 Td (provided by other investing activities, consisting primarily of an increase in restricted cash and bank time deposits during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.00 Td (period. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.00 Td (During the three months ended ) Tj ET Q q 0 0 0 rg BT 175.81 189.00 Td (April30, 2016, our investing activities used $71.3 million of net cash, including $69.8 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.00 Td (of net cash utilized for business acquisitions, and $10.1 million of payments for property) Tj ET Q q 0 0 0 rg BT 404.00 177.00 Td (, equipment, and capitalized software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.00 Td (development costs. Partially of) Tj ET Q q 0 0 0 rg BT 173.68 165.00 Td (fsetting those uses were $7.9 million of net proceeds from sales and maturities of short-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.00 Td (investments and $0.7 million of net cash provided by other investing activities, consisting primarily of decreases in restricted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.00 Td (cash and bank time deposits during the period. Restricted cash and bank time deposits are typically short-term deposits used to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.00 Td (secure bank guarantees in connection with sales contracts, the amounts of which will fluctuate from period to period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 105.00 Td (e had no significant commitments for capital expenditures at ) Tj ET Q q 0 0 0 rg BT 302.73 105.00 Td (April 30, 2017.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 81.00 Td (Net Cash Used in Financing ) Tj ET Q q 0 0 0 rg BT 169.93 81.00 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.00 Td () Tj ET Q endstream endobj 95 0 obj <>] /Rotate 0 /Contents 96 0 R>> endobj 96 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (For the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.11 742.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.42 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.37 742.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.98 742.10 Td (, our financing activities used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 742.10 Td ($3.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.39 742.10 Td ( of net cash, the most significant portions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (of which were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.70 730.10 Td ($1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.59 730.10 Td ( for the financing portion of payments under contingent consideration arrangements related to prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (business combinations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.71 718.10 Td ($1.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.60 718.10 Td ( repayments of borrowing and other financing obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (For the three months ended ) Tj ET Q q 0 0 0 rg BT 161.37 694.10 Td (April30, 2016, our financing activities used $20.9 million of net cash, the most significant portions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (of which were payments of $17.2 million of purchases of treasury stock under our share repurchase program, and $2.9 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (for the financing portion of payments under contingent consideration arrangements related to prior business combinations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (Liquidity and Capital Resources Requirements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Based on past performance and current expectations, we believe that our cash, cash equivalents, short-term investments and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (cash generated from operations will be suf) Tj ET Q q 0 0 0 rg BT 219.76 610.10 Td (ficient to meet anticipated operating costs, required payments of principal and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (interest, working capital needs, ordinary course capital expenditures, research and development spending, and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (commitments for at least the next 12 months. Currently) Tj ET Q q 0 0 0 rg BT 270.70 586.10 Td (, we have no plans to pay any cash dividends on our common stock, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (which are not permitted under our Credit ) Tj ET Q q 0 0 0 rg BT 215.79 574.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Our liquidity could be negatively impacted by a decrease in demand for our products and service and support, including the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (impact of changes in customer buying behavior due to circumstances over which we have no control. If we determine to make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (additional business acquisitions or otherwise require additional funds, we may need to raise additional capital, which could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (involve the issuance of additional equity or debt securities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (On March 29, 2016, we announced that our board of directors had authorized a share repurchase program whereby we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (make up to $150 million in purchases of our outstanding shares of common stock over the two years following the date of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (announcement. Under the share repurchase program, purchases can be made from time to time using a variety of methods, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (which may include open market purchases. ) Tj ET Q q 0 0 0 rg BT 227.54 454.10 Td (The specific timing, price and size of purchases will depend on prevailing stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (prices, general market and economic conditions, and other considerations, including the amount of cash generated in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (and other potential uses of cash, such as acquisitions. Purchases may be made through a Rule 10b5-1 plan pursuant to pre-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (determined metrics set forth in such plan. ) Tj ET Q q 0 0 0 rg BT 220.61 418.10 Td (The authorization of the share repurchase program does not obligate us to acquire ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (any particular amount of common stock, and the program may be suspended or discontinued at any time.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 382.10 Td (e did not acquire any shares of treasury stock during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.96 382.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.27 382.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.21 382.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.82 382.10 Td ( under this program.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (Financing ) Tj ET Q q 0 0 0 rg BT 95.48 358.10 Td (Arrangements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (1.50% Convertible Senior) Tj ET Q q 0 0 0 rg BT 160.64 334.10 Td ( Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (On June 18, 2014, we issued $400.0 million in aggregate principal amount of 1.50% convertible senior notes due June 1, 2021, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (unless earlier converted by the holders pursuant to their terms. ) Tj ET Q q 0 0 0 rg BT 301.69 298.10 Td (The Notes pay interest in cash semiannually in arrears at a rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (of 1.50% per annum.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (The Notes were issued concurrently with our issuance of 5,750,000 shares of common stock, the majority of the combined net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (proceeds of which were used to partially repay certain indebtedness under our Credit ) Tj ET Q q 0 0 0 rg BT 391.27 250.10 Td (Agreement, as further described below) Tj ET Q q 0 0 0 rg BT 545.83 250.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (The Notes are unsecured and rank senior in right of payment to our indebtedness that is expressly subordinated in right of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (payment to the Notes; equal in right of payment to our indebtedness that is not so subordinated; ef) Tj ET Q q 0 0 0 rg BT 442.24 214.10 Td (fectively subordinated in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (right of payment to any of our secured indebtedness to the extent of the value of the assets securing such indebtedness; and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (structurally subordinated to indebtedness and other liabilities of our subsidiaries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (The Notes are convertible into, at our election, cash, shares of common stock, or a combination of both, subject to satisfaction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (of specified conditions and during specified periods, as described below) Tj ET Q q 0 0 0 rg BT 337.60 154.10 Td (. If converted, we currently intend to pay cash in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (respect of the principal amount. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (The conversion price of the Notes at any time is equal to $1,000 divided by the then-applicable conversion rate. ) Tj ET Q q 0 0 0 rg BT 498.85 118.10 Td (The Notes have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (an initial conversion rate of 15.5129 shares of common stock per $1,000 principal amount of Notes, which represents an initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 94.10 Td (fective conversion price of approximately $64.46 per share of common stock and would result in the issuance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (approximately 6,205,000 shares if all of the Notes were converted. ) Tj ET Q q 0 0 0 rg BT 318.90 82.10 Td (Throughout the term of the Notes, the conversion rate may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (be adjusted upon the occurrence of certain events.) Tj ET Q endstream endobj 97 0 obj <>] /Rotate 0 /Contents 98 0 R>> endobj 98 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Holders may surrender their Notes for conversion at any time prior to the close of business on the business day immediately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (preceding December 1, 2020, only under the following circumstances:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 706.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td (during any calendar quarter commencing after the calendar quarter ending on September 30, 2014, if the closing sale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 694.10 Td (price of our common stock, for at least 20 trading days \(whether or not consecutive\) in the period of 30 consecutive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 682.10 Td (trading days ending on the last trading day of the immediately preceding calendar quarter) Tj ET Q q 0 0 0 rg BT 442.97 682.10 Td (, is more than 130% of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 670.10 Td (conversion price of the Notes in ef) Tj ET Q q 0 0 0 rg BT 224.11 670.10 Td (fect on each applicable trading day;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 646.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 646.10 Td (during the ten consecutive trading-day period following any five consecutive trading-day period in which the trading ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 634.10 Td (price for the Notes for each such trading day was less than 98% of the closing sale price of our common stock on such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 622.10 Td (date multiplied by the then-current conversion rate; or) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 598.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 598.10 Td (upon the occurrence of specified corporate events, as described in the indenture governing the Notes, such as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 586.10 Td (consolidation, mer) Tj ET Q q 0 0 0 rg BT 160.25 586.10 Td (ger) Tj ET Q q 0 0 0 rg BT 172.62 586.10 Td (, or binding share exchange.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (On or after December 1, 2020 until the close of business on the second scheduled trading day immediately preceding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (maturity date, holders may surrender their Notes for conversion regardless of whether any of the foregoing conditions have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (been satisfied. Holders of the Notes may require us to purchase for cash all or any portion of their Notes upon the occurrence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (of a fundamental change at a price equal to 100% of the principal amount of the Notes being purchased, plus accrued and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (unpaid interest.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (As of ) Tj ET Q q 0 0 0 rg BT 73.89 490.10 Td (April 30, 2017, the Notes were not convertible.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (Note Hedges and ) Tj ET Q q 0 0 0 rg BT 124.54 466.10 Td (W) Tj ET Q q 0 0 0 rg BT 133.99 466.10 Td (arrants) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (Concurrently with the issuance of the Notes, we entered into convertible note hedge transactions \(the "Note Hedges"\) and sold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (warrants \(the "W) Tj ET Q q 0 0 0 rg BT 117.70 430.10 Td (arrants"\). ) Tj ET Q q 0 0 0 rg BT 157.13 430.10 Td (The combination of the Note Hedges and the ) Tj ET Q q 0 0 0 rg BT 339.12 430.10 Td (W) Tj ET Q q 0 0 0 rg BT 347.76 430.10 Td (arrants serves to increase the ef) Tj ET Q q 0 0 0 rg BT 472.79 430.10 Td (fective initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (conversion price for the Notes to $75.00 per share. ) Tj ET Q q 0 0 0 rg BT 255.03 418.10 Td (The Note Hedges and ) Tj ET Q q 0 0 0 rg BT 344.27 418.10 Td (W) Tj ET Q q 0 0 0 rg BT 352.91 418.10 Td (arrants are each separate instruments from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (Notes. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (Note Hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (Pursuant to the Note Hedges, we purchased call options on our common stock, under which we have the right to acquire from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (the counterparties up to approximately 6,205,000 shares of our common stock, subject to customary anti-dilution adjustments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (at a price of $64.46, which equals the initial conversion price of the Notes. Our exercise rights under the Note Hedges generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (trigger upon conversion of the Notes and the Note Hedges terminate upon maturity of the Notes, or the first day the Notes are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (no longer outstanding. ) Tj ET Q q 0 0 0 rg BT 142.03 310.10 Td (The Note Hedges may be settled in cash, shares of our common stock, or a combination thereof, at our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (option, and are intended to reduce our exposure to potential dilution upon conversion of the Notes. ) Tj ET Q q 0 0 0 rg BT 446.94 298.10 Td (W) Tj ET Q q 0 0 0 rg BT 455.58 298.10 Td (e paid $60.8 million for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (the Note Hedges, which was recorded as a reduction to additional paid-in capital. ) Tj ET Q q 0 0 0 rg BT 376.84 286.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.73 286.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.34 286.10 Td (, we had not purchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (any shares under the Note Hedges.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 250.10 Td (arrants) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 226.10 Td (e sold the ) Tj ET Q q 0 0 0 rg BT 99.28 226.10 Td (W) Tj ET Q q 0 0 0 rg BT 107.92 226.10 Td (arrants to several counterparties. ) Tj ET Q q 0 0 0 rg BT 240.18 226.10 Td (The ) Tj ET Q q 0 0 0 rg BT 258.05 226.10 Td (W) Tj ET Q q 0 0 0 rg BT 266.68 226.10 Td (arrants provide the counterparties rights to acquire from us up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (approximately 6,205,000 shares of our common stock at a price of $75.00 per share. ) Tj ET Q q 0 0 0 rg BT 389.17 214.10 Td (The ) Tj ET Q q 0 0 0 rg BT 407.04 214.10 Td (W) Tj ET Q q 0 0 0 rg BT 415.67 214.10 Td (arrants expire incrementally on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (series of expiration dates beginning in ) Tj ET Q q 0 0 0 rg BT 204.41 202.10 Td (August 2021. ) Tj ET Q q 0 0 0 rg BT 260.25 202.10 Td (At expiration, if the market price per share of our common stock exceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (the strike price of the ) Tj ET Q q 0 0 0 rg BT 137.29 190.10 Td (W) Tj ET Q q 0 0 0 rg BT 145.92 190.10 Td (arrants, we will be obligated to issue shares of our common stock having a value equal to such excess. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (The proceeds from the sale of the ) Tj ET Q q 0 0 0 rg BT 186.15 178.10 Td (W) Tj ET Q q 0 0 0 rg BT 194.79 178.10 Td (arrants were $45.2 million and were recorded as additional paid-in capital. ) Tj ET Q q 0 0 0 rg BT 494.40 178.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.30 178.10 Td (April30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 166.10 Td (, no ) Tj ET Q q 0 0 0 rg BT 87.32 166.10 Td (W) Tj ET Q q 0 0 0 rg BT 95.96 166.10 Td (arrants had been exercised and all ) Tj ET Q q 0 0 0 rg BT 233.49 166.10 Td (W) Tj ET Q q 0 0 0 rg BT 242.12 166.10 Td (arrants remained outstanding.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (Cr) Tj ET Q q 0 0 0 rg BT 61.48 142.10 Td (edit ) Tj ET Q q 0 0 0 rg BT 79.54 142.10 Td (Agr) Tj ET Q q 0 0 0 rg BT 96.02 142.10 Td (eement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (In ) Tj ET Q q 0 0 0 rg BT 60.28 118.10 Td (April 201) Tj ET Q q 0 0 0 rg BT 98.52 118.10 Td (1, we entered into a credit agreement with our lenders, which was amended and restated in March 2013, and further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (amended in February 2014, March 2014, and June 2014 \(the "Credit ) Tj ET Q q 0 0 0 rg BT 325.41 106.10 Td (Agreement"\). ) Tj ET Q q 0 0 0 rg BT 382.07 106.10 Td (The Credit ) Tj ET Q q 0 0 0 rg BT 427.06 106.10 Td (Agreement, as amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (restated, provides for senior secured credit facilities, comprised of $943.5 million of term loans, of which $300.0 million was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (borrowed in February 2014 \(the "February 2014 ) Tj ET Q q 0 0 0 rg BT 245.24 82.10 Td (T) Tj ET Q q 0 0 0 rg BT 250.65 82.10 Td (erm Loans"\) and of which $643.5 million was borrowed in March 2014 \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td ("March 2014 ) Tj ET Q q 0 0 0 rg BT 105.00 70.10 Td (T) Tj ET Q q 0 0 0 rg BT 110.41 70.10 Td (erm Loans"\), all of which mature in September 2019, and a $300.0 million revolving credit facility maturing in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (September 2018, subject to increase and reduction from time to time, as described in the Credit ) Tj ET Q q 0 0 0 rg BT 432.67 58.10 Td (Agreement.) Tj ET Q endstream endobj 99 0 obj <>] /Rotate 0 /Contents 100 0 R>> endobj 100 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The February 2014 ) Tj ET Q q 0 0 0 rg BT 128.96 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 134.38 742.10 Td (erm Loans were borrowed in connection with our acquisition of Kana. ) Tj ET Q q 0 0 0 rg BT 418.00 742.10 Td (The March 2014 ) Tj ET Q q 0 0 0 rg BT 486.96 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 492.37 742.10 Td (erm Loans were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (borrowed as part of a refinancing of previously outstanding amounts under the Credit ) Tj ET Q q 0 0 0 rg BT 393.53 730.10 Td (Agreement. In June 2014, we utilized the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (majority of the combined net proceeds from the issuance of the Notes and the concurrent issuance of 5,750,000 shares of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (common stock to retire $530.0 million of the February 2014 ) Tj ET Q q 0 0 0 rg BT 292.83 706.10 Td (T) Tj ET Q q 0 0 0 rg BT 298.24 706.10 Td (erm Loans and March 2014 ) Tj ET Q q 0 0 0 rg BT 411.08 706.10 Td (T) Tj ET Q q 0 0 0 rg BT 416.49 706.10 Td (erm Loans, and all $106.0 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (of then-outstanding borrowings under the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 320.14 694.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 672.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.89 672.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.50 672.10 Td (, there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.91 672.10 Td ($408.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.81 672.10 Td ( of combined borrowings outstanding under our February 2014 ) Tj ET Q q 0 0 0 rg BT 495.30 672.10 Td (T) Tj ET Q q 0 0 0 rg BT 500.71 672.10 Td (erm Loans and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 660.10 Td (March 2014 ) Tj ET Q q 0 0 0 rg BT 100.92 660.10 Td (T) Tj ET Q q 0 0 0 rg BT 106.33 660.10 Td (erm Loans, bearing interest at a weighted-average annual rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.93 660.10 Td (3.76%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.76 660.10 Td (, and no borrowings outstanding under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 648.10 Td (our revolving credit facility) Tj ET Q q 0 0 0 rg BT 159.59 648.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (On February 1) Tj ET Q q 0 0 0 rg BT 107.95 626.10 Td (1, 2016, we executed a pay-fixed, receive-variable interest rate swap agreement with a multinational financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.10 Td (institution to partially mitigate risks associated with the variable interest rate on our term loans, under which we will pay ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.10 Td (interest at a fixed rate of 4.143% and receive variable interest of three-month LIBOR \(subject to a minimum of 0.75%\), plus a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (spread of 2.75%, on a notional amount of $200.0million. ) Tj ET Q q 0 0 0 rg BT 284.51 590.10 Td (The ef) Tj ET Q q 0 0 0 rg BT 310.14 590.10 Td (fective date of the agreement is November 1, 2016, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.10 Td (settlements with the counterparty began on February 1, 2017 and will occur on a quarterly basis. ) Tj ET Q q 0 0 0 rg BT 440.55 578.10 Td (The agreement will terminate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (on September 6, 2019. ) Tj ET Q q 0 0 0 rg BT 142.21 566.10 Td (Assuming that we elect three-month LIBOR at the term loans' interest rate reset dates throughout the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.10 Td (remaining term of the interest rate swap agreement, the annual interest rate on $200.0 million of our term loans will be fixed at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.10 Td (4.143% during that period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 518.10 Td (e are required to make quarterly principal payments of approximately $1.1 million on our term loans. ) Tj ET Q q 0 0 0 rg BT 465.56 518.10 Td (The vast majority of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (term loan balances are due upon maturity in September 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.10 Td (The revolving credit facility contains a financial covenant that currently requires us to maintain a ratio of Consolidated ) Tj ET Q q 0 0 0 rg BT 527.44 482.10 Td (T) Tj ET Q q 0 0 0 rg BT 532.85 482.10 Td (otal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.10 Td (Debt to Consolidated EBITDA) Tj ET Q q 0 0 0 rg BT 173.60 470.10 Td ( \(each as defined in the Credit ) Tj ET Q q 0 0 0 rg BT 295.50 470.10 Td (Agreement\) of no greater than 4.50 to 1 \(the "Leverage Ratio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.10 Td (Covenant"\). ) Tj ET Q q 0 0 0 rg BT 100.19 458.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.13 458.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.74 458.10 Td (, our consolidated leverage ratio was approximately 2.7 to 1 compared to a permitted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.10 Td (consolidated leverage ratio of 4.50 to 1, and our EBITDA) Tj ET Q q 0 0 0 rg BT 280.21 446.10 Td ( for the twelve-month period then ended exceeded by at least $90.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.10 Td (million the minimum EBITDA) Tj ET Q q 0 0 0 rg BT 173.61 434.10 Td ( required to satisfy the Leverage Ratio Covenant given our outstanding debt as of such date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 410.10 Td (e intend to seek to refinance the Credit ) Tj ET Q q 0 0 0 rg BT 215.25 410.10 Td (Agreement to, among other things, extend the maturities and modify certain terms of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.10 Td (the facilities provided for under the agreement. Completion of the refinancing, if successful, is expected to occur during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.10 Td (three months ending July 31, 2017.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 364.10 Td (Contractual Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 67.50 340.10 Td (Annual Report on Form 10-K for the year ended January 31, 2017 includes a table summarizing our contractual obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.10 Td (of approximately $1.1 billion as of January 31, 2017, including approximately $900 million for long-term debt obligations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (including projected future interest. ) Tj ET Q q 0 0 0 rg BT 190.61 316.10 Td (That table appears under Item 7, "Management) Tj ET Q q 0 0 0 rg BT 381.56 316.10 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 450.73 316.10 Td (Analysis of Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (Condition and Results of Operations" in that report.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 280.10 Td (e believe that our contractual obligations and commercial commitments did not materially change during the three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 268.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.43 268.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 244.10 Td (Contingent Payments ) Tj ET Q q 0 0 0 rg BT 140.75 244.10 Td (Associated with Business Combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.10 Td (In connection with certain of our business combinations, we have agreed to make contingent cash payments to the former ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.10 Td (owners of the acquired companies based upon achievement of performance tar) Tj ET Q q 0 0 0 rg BT 364.13 208.10 Td (gets following the acquisition dates. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (For the three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.37 184.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.98 184.10 Td (, we made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.29 184.10 Td ($2.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.18 184.10 Td ( of payments under contingent consideration arrangements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.89 172.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.50 172.10 Td (, potential future cash payments and earned consideration expected to be paid subsequent to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.55 172.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.16 172.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.10 Td (under contingent consideration arrangements total $102.3 million, the estimated fair value of which was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.77 160.10 Td ($55.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.66 160.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.10 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.27 148.10 Td ($12.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.17 148.10 Td ( reported in accrued expenses and other current liabilities, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.90 148.10 Td ($43.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.79 148.10 Td ( reported in other liabilities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.10 Td (The performance periods associated with these potential payments extend through January 2022.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 112.10 Td (Of) Tj ET Q q 0 0 0 rg BT 60.37 112.10 Td (f-Balance Sheet ) Tj ET Q q 0 0 0 rg BT 128.33 112.10 Td (Arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.89 88.10 Td (April30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.50 88.10 Td (, we did not have any of) Tj ET Q q 0 0 0 rg BT 228.68 88.10 Td (f-balance sheet arrangements that we believe have or are reasonably likely to have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.10 Td (a current or future ef) Tj ET Q q 0 0 0 rg BT 132.55 76.10 Td (fect on our financial condition, changes in financial condition, revenue or expenses, results of operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.10 Td (liquidity) Tj ET Q q 0 0 0 rg BT 83.24 64.10 Td (, capital expenditures or capital resources that are material to investors.) Tj ET Q endstream endobj 101 0 obj <>] /Rotate 0 /Contents 102 0 R>> endobj 102 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Recent ) Tj ET Q q 0 0 0 rg BT 81.38 730.10 Td (Accounting Pr) Tj ET Q q 0 0 0 rg BT 143.13 730.10 Td (onouncements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (For a description of recent accounting pronouncements, and the potential impact of these pronouncements on our condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (consolidated financial statements, see Note 1 to the condensed consolidated financial statements in Part I, Item 1 of this report.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (Item 3. Quantitative and Qualitative Disclosur) Tj ET Q q 0 0 0 rg BT 250.09 658.10 Td (es ) Tj ET Q q 0 0 0 rg BT 260.37 658.10 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Market risk represents the risk of loss that may impact our financial condition due to adverse changes in financial market prices ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (and rates. ) Tj ET Q q 0 0 0 rg BT 90.63 622.10 Td (W) Tj ET Q q 0 0 0 rg BT 99.27 622.10 Td (e are exposed to market risk related to changes in interest rates and foreign currency exchange rate fluctuations. ) Tj ET Q q 0 0 0 rg BT 548.07 622.10 Td (T) Tj ET Q q 0 0 0 rg BT 553.48 622.10 Td (o ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (manage the volatility relating to interest rate and foreign currency risks, we periodically enter into derivative instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (including foreign currency forward exchange contracts and interest rate swap agreements. It is our policy to enter into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (derivative transactions only to the extent considered necessary to meet our risk management objectives. ) Tj ET Q q 0 0 0 rg BT 466.63 586.10 Td (W) Tj ET Q q 0 0 0 rg BT 475.26 586.10 Td (e use derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (instruments solely to reduce the financial impact of these risks and do not use derivative instruments for speculative purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (The section entitled "Quantitative and Qualitative Disclosures ) Tj ET Q q 0 0 0 rg BT 299.85 550.10 Td (About Market Risk" under Part II, Item 7A) Tj ET Q q 0 0 0 rg BT 471.68 550.10 Td ( of our ) Tj ET Q q 0 0 0 rg BT 500.29 550.10 Td (Annual Report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (on Form 10-K for the year ended January 31, 2017 provides detailed quantitative and qualitative discussions of the market risks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 526.10 Td (fecting our operations. ) Tj ET Q q 0 0 0 rg BT 150.16 526.10 Td (W) Tj ET Q q 0 0 0 rg BT 158.79 526.10 Td (e believe that our market risk profile did not materially change during the three months ended ) Tj ET Q q 0 0 0 rg BT 535.34 526.10 Td (April ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (30, 2017.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.00 478.10 Td (Item 4. Contr) Tj ET Q q 0 0 0 rg BT 109.36 478.10 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 152.52 478.10 Td (ocedur) Tj ET Q q 0 0 0 rg BT 181.78 478.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.00 466.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (Evaluation of Disclosur) Tj ET Q q 0 0 0 rg BT 149.83 454.10 Td (e Contr) Tj ET Q q 0 0 0 rg BT 182.14 454.10 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 225.30 454.10 Td (ocedur) Tj ET Q q 0 0 0 rg BT 254.56 454.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (Management conducted an evaluation under the supervision and with the participation of our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 502.18 430.10 Td (ficer and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (Chief Financial Of) Tj ET Q q 0 0 0 rg BT 124.80 418.10 Td (ficer) Tj ET Q q 0 0 0 rg BT 142.71 418.10 Td (, of the ef) Tj ET Q q 0 0 0 rg BT 180.85 418.10 Td (fectiveness of our disclosure controls and procedures, as defined in Rules 13a-15\(e\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (15d-15\(e\) under the Exchange ) Tj ET Q q 0 0 0 rg BT 173.29 406.10 Td (Act, as of ) Tj ET Q q 0 0 0 rg BT 213.83 406.10 Td (April 30, 2017. Disclosure controls and procedures are those controls and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (procedures that are designed to ensure that information required to be disclosed in reports filed or submitted under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 91.37 382.10 Td (Act is recorded, processed, summarized, and reported, within the time periods specified by the rules and forms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (promulgated by the SEC. Disclosure controls and procedures include, without limitation, controls and procedures designed to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (ensure that such information is accumulated and communicated to management, including our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 507.18 358.10 Td (ficer and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (Chief Financial Of) Tj ET Q q 0 0 0 rg BT 124.80 346.10 Td (ficer) Tj ET Q q 0 0 0 rg BT 142.71 346.10 Td (, as appropriate, to allow timely decisions regarding required disclosure. ) Tj ET Q q 0 0 0 rg BT 435.97 346.10 Td (As a result of this evaluation, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 143.40 334.10 Td (ficer and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 255.95 334.10 Td (ficer concluded that our disclosure controls and procedures were ef) Tj ET Q q 0 0 0 rg BT 524.27 334.10 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (as of ) Tj ET Q q 0 0 0 rg BT 71.11 322.10 Td (April 30, 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (Changes in Internal Contr) Tj ET Q q 0 0 0 rg BT 162.89 298.10 Td (ol Over) Tj ET Q q 0 0 0 rg BT 194.64 298.10 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (There were no changes to our internal control over financial reporting \(as defined in Rules 13a-15\(f\) and 15d-15\(f\) under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 91.37 262.10 Td (Act\) that occurred during the three months ended ) Tj ET Q q 0 0 0 rg BT 290.20 262.10 Td (April 30, 2017, that materially af) Tj ET Q q 0 0 0 rg BT 421.92 262.10 Td (fected, or are reasonably likely to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (materially af) Tj ET Q q 0 0 0 rg BT 100.63 250.10 Td (fect, our internal control over financial reporting.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (Inher) Tj ET Q q 0 0 0 rg BT 73.71 226.10 Td (ent Limitations on Effectiveness of Contr) Tj ET Q q 0 0 0 rg BT 248.79 226.10 Td (ols) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (Our management, including our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 257.81 202.10 Td (ficer and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 370.37 202.10 Td (ficer) Tj ET Q q 0 0 0 rg BT 388.28 202.10 Td (, does not expect that our disclosure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (controls or our internal control over financial reporting will prevent or detect all errors and all fraud. ) Tj ET Q q 0 0 0 rg BT 453.19 190.10 Td (A) Tj ET Q q 0 0 0 rg BT 459.86 190.10 Td ( control system, no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (system will be achieved. Further) Tj ET Q q 0 0 0 rg BT 179.84 166.10 Td (, the design of a control system must reflect the impact of resource constraints, and the benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (controls can provide absolute assurance that all control issues and instances of fraud, if any) Tj ET Q q 0 0 0 rg BT 413.96 142.10 Td (, have been detected. ) Tj ET Q q 0 0 0 rg BT 499.84 142.10 Td (These inherent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (limitations include the possibility that judgments in decision-making can be faulty) Tj ET Q q 0 0 0 rg BT 378.18 130.10 Td (, and that breakdowns can occur because of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (simple errors. ) Tj ET Q q 0 0 0 rg BT 106.93 118.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 156.84 118.10 Td (, controls can be circumvented by individual acts, by collusion of two or more people, or by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (management override of the controls. ) Tj ET Q q 0 0 0 rg BT 201.99 106.10 Td (The design of any system of controls also is based in part upon certain assumptions about ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (possible conditions. Over time, controls may become inadequate because of changes in conditions or deterioration in the degree ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (of compliance with policies or procedures. Because of the inherent limitations in a cost-ef) Tj ET Q q 0 0 0 rg BT 409.15 70.10 Td (fective control system, misstatements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (due to error or fraud may occur and not be detected.) Tj ET Q endstream endobj 103 0 obj <>] /Rotate 0 /Contents 104 0 R>> endobj 104 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (46) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Part II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Item 1. Legal Pr) Tj ET Q q 0 0 0 rg BT 121.74 718.25 Td (oceedings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (See Note 13, "Commitments and Contingencies" of the Notes to the condensed consolidated financial statements under Part I, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (Item 1 for information regarding our legal proceedings. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.00 646.25 Td (Item 1A.) Tj ET Q BT /F2 3.00 Tf ET q 0 0 0 rg BT 86.21 646.25 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 100.46 646.25 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.00 634.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (There have been no material changes to the Risk Factors described in Part I "Item 1A. Risk Factors" in our ) Tj ET Q q 0 0 0 rg BT 478.89 622.25 Td (Annual Report on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (Form 10-K for the year ended January 31, 2017. In addition to the other information set forth in this Quarterly Report, you ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (should carefully consider the risks discussed in our ) Tj ET Q q 0 0 0 rg BT 256.07 598.25 Td (Annual Report on Form 10-K, which could materially af) Tj ET Q q 0 0 0 rg BT 482.23 598.25 Td (fect our business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (financial condition, or operating results. ) Tj ET Q q 0 0 0 rg BT 214.78 586.25 Td (The risks described in our ) Tj ET Q q 0 0 0 rg BT 320.59 586.25 Td (Annual Report on Form 10-K are not the only risks facing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (us, however) Tj ET Q q 0 0 0 rg BT 97.77 574.25 Td (. ) Tj ET Q q 0 0 0 rg BT 104.72 574.25 Td (Additional risks and uncertainties not currently known to us or that we currently deem to be insignificant also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (may materially and adversely af) Tj ET Q q 0 0 0 rg BT 178.10 562.25 Td (fect our business, financial condition, or operating results in the future.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (Item 2. ) Tj ET Q q 0 0 0 rg BT 86.00 526.25 Td (Unr) Tj ET Q q 0 0 0 rg BT 103.04 526.25 Td (egister) Tj ET Q q 0 0 0 rg BT 131.18 526.25 Td (ed Sales of Equity Securities and Use of Pr) Tj ET Q q 0 0 0 rg BT 312.10 526.25 Td (oceeds) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (Pur) Tj ET Q q 0 0 0 rg BT 65.93 502.25 Td (chases of Equity Securities by the Issuer) Tj ET Q q 0 0 0 rg BT 236.86 502.25 Td ( and ) Tj ET Q q 0 0 0 rg BT 257.43 502.25 Td (Affiliated Pur) Tj ET Q q 0 0 0 rg BT 316.41 502.25 Td (chasers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (On March 29, 2016, we announced that our board of directors had authorized a share repurchase program whereby we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (make up to$150 millionin purchases of our outstanding shares of common stock over the two years following the date of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (announcement. Under the share repurchase program, purchases can be made from time to time using a variety of methods, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (which may include open market purchases. ) Tj ET Q q 0 0 0 rg BT 225.04 442.25 Td (The specific timing, price and size of purchases will depend on prevailing stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (prices, general market and economic conditions, and other considerations, including the amount of cash generated in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (and other potential uses of cash, such as acquisitions. Purchases may be made through a Rule 10b5-1 plan pursuant to pre-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (determined metrics set forth in such plan. ) Tj ET Q q 0 0 0 rg BT 218.11 406.25 Td (The authorization of the share repurchase program does not obligate us to acquire any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (particular amount of common stock, and the program may be suspended or discontinued at any time. ) Tj ET Q q 0 0 0 rg BT 457.77 394.25 Td (There was no share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (repurchase activity during the three months ended ) Tj ET Q q 0 0 0 rg BT 251.88 382.25 Td (April 30, 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 358.25 Td (e periodically purchase treasury stock from directors, of) Tj ET Q q 0 0 0 rg BT 282.26 358.25 Td (ficers, and other employees to facilitate income tax withholding and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (payment requirements upon vesting of equity awards during a company-imposed trading blackout or lockup periods. ) Tj ET Q q 0 0 0 rg BT 521.65 346.25 Td (There ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (was no such activity during the three months ended ) Tj ET Q q 0 0 0 rg BT 257.46 334.25 Td (April 30, 2017.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (Item 3. Defaults Upon Senior) Tj ET Q q 0 0 0 rg BT 176.48 310.25 Td ( Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (None.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (Item 4. Mine Safety Disclosur) Tj ET Q q 0 0 0 rg BT 178.69 250.25 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (Not applicable.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (Item 5. Other) Tj ET Q q 0 0 0 rg BT 110.36 190.25 Td ( Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (Not applicable.) Tj ET Q endstream endobj 105 0 obj <>] /Rotate 0 /Contents 106 0 R>> endobj 106 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (47) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 740.25 Td (Item 6.Exhibits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 716.25 Td (The following exhibit list includes agreements that we entered into or that became ef) Tj ET Q q 0 0 0 rg BT 388.37 716.25 Td (fective during the three months ended ) Tj ET Q q 0 0 0 rg BT 541.66 716.25 Td (April 30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 704.25 Td (2017:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 659.75 66.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 116.00 659.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 120.00 659.75 300.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 659.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 659.75 165.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 609.75 66.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 116.00 609.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 120.00 609.75 300.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 609.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 609.75 165.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 559.75 66.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 116.00 559.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 120.00 559.75 300.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 559.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 559.75 165.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 519.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 116.00 519.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 120.00 519.75 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 519.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 519.75 165.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 489.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 116.00 489.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 120.00 489.75 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 489.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 489.75 165.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 459.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 116.00 459.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 120.00 459.75 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 459.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 459.75 165.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 659.75 m 116 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 120 659.75 m 420 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 659.75 m 589 659.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 64.80 664.43 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.50 664.43 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.35 684.43 Td (Filed Her) Tj ET Q q 0 0 0 rg BT 511.99 684.43 Td (ewith /) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.10 674.43 Td (Incorporated by) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.00 664.43 Td (Refer) Tj ET Q q 0 0 0 rg BT 496.69 664.43 Td (ence fr) Tj ET Q q 0 0 0 rg BT 525.65 664.43 Td (om) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.75 650.32 Td (10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 650.32 Td (Form of Performance-Based Restricted Stock Unit Award Agreement for) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 640.32 Td (Grants Subsequent to March 2017*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.90 650.32 Td (Form 10-K filed on March 28, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.75 625.32 Td (31.1) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 631.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 625.32 Td (Certification of Chief Executive Officer pursuant to Section 302 of the) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 615.32 Td (Sarbanes-Oxley Act of 2002) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 631.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 625.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.75 600.32 Td (31.2) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 606.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 600.32 Td (Certification of Chief Financial Officer pursuant to Section 302 of the) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 590.32 Td (Sarbanes-Oxley Act of 2002) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 606.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 600.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.75 575.32 Td (32.1) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 581.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 575.32 Td (Certification of Chief Executive Officer pursuant to Securities Exchange) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 565.32 Td (Act Rule 13a-14\(b\) and 18 U.S.C. Section 1350 \(1\)) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 581.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 575.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.75 550.32 Td (32.2) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 556.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 550.32 Td (Certification of Chief Financial Officer pursuant to Securities Exchange) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 540.32 Td (Act Rule 13a-14\(b\) and 18 U.S.C. Section 1350 \(1\)) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 556.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 550.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.65 525.32 Td (101.INS) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 531.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 525.32 Td (XBRL Instance Document) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 531.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 525.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 510.32 Td (101.SCH) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 516.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 510.32 Td (XBRL Taxonomy Extension Schema Document) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 516.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 510.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.90 495.32 Td (101.CAL) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 501.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 495.32 Td (XBRL Taxonomy Extension Calculation Linkbase Document) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 501.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 495.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.30 480.32 Td (101.DEF) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 486.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 480.32 Td (XBRL Taxonomy Extension Definition Linkbase Document) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 486.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 480.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.75 465.32 Td (101.LAB) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 471.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 465.32 Td (XBRL Taxonomy Extension Label Linkbase Document) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 471.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 465.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.55 450.32 Td (101.PRE) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 118.50 456.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 450.32 Td (XBRL Taxonomy Extension Presentation Linkbase Document) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 422.50 456.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.95 450.32 Td (Filed herewith) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 433.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 421.25 Td (\(1\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 421.25 Td (These exhibits are being "furnished" with this periodic report and are not deemed "filed" with the SEC and are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 409.25 Td (incorporated by reference in any filing of the company under the Securities ) Tj ET Q q 0 0 0 rg BT 352.17 409.25 Td (Act of 1933, as amended or the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 563.21 409.25 Td (Act of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 397.25 Td (1934, as amended.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 373.25 Td (* Denotes a management contract or compensatory plan or arrangement required to be filed as an exhibit to this form pursuant to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.25 Td (Item 6 of this report.) Tj ET Q endstream endobj 107 0 obj <>] /Rotate 0 /Contents 108 0 R>> endobj 108 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.25 730.25 Td (Signatur) Tj ET Q q 0 0 0 rg BT 322.30 730.25 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 276.05 694.25 Td (Act of 1934, the Registrant has duly caused this report to be signed on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (its behalf by the undersigned thereunto duly authorized.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 599.75 m 562.5 599.75 l s BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 656.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 650.32 Td (Verint Systems Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 635.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 635.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 620.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 620.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 605.32 Td (June 7, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 605.32 Td (/s/ Douglas E. Robinson) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 596.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 590.32 Td (Douglas E. Robinson) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 53.00 581.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 575.32 Td (Chief Financial Officer \(Principal Financial Officer and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 565.32 Td (Principal Accounting Officer\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 109 0 obj <> endobj 110 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.30 742.25 Td (Exhibit31.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.45 718.25 Td (CER) Tj ET Q q 0 0 0 rg BT 117.30 718.25 Td (TIFICA) Tj ET Q q 0 0 0 rg BT 148.41 718.25 Td (TION BY) Tj ET Q q 0 0 0 rg BT 188.31 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 190.63 718.25 Td (THE CHIEF EXECUTIVE OFFICER PURSUANT) Tj ET Q q 0 0 0 rg BT 398.79 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 401.11 718.25 Td (T) Tj ET Q q 0 0 0 rg BT 407.04 718.25 Td (O SECTION302 OF ) Tj ET Q q 0 0 0 rg BT 494.08 718.25 Td (THE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.65 706.25 Td (SARBANES-OXLEY) Tj ET Q q 0 0 0 rg BT 320.73 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 322.68 706.25 Td (ACT) Tj ET Q q 0 0 0 rg BT 342.49 706.25 Td ( OF 2002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 694.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (I, Dan Bodner) Tj ET Q q 0 0 0 rg BT 106.53 682.25 Td (, certify that:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (1. I have reviewed this quarterly report on Form10-Q of ) Tj ET Q q 0 0 0 rg BT 278.64 658.25 Td (V) Tj ET Q q 0 0 0 rg BT 284.76 658.25 Td (erint Systems Inc.;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (with respect to the period covered by this report;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (material respects the financial condition, results of operations and cash flows of the registrant as of, and for) Tj ET Q q 0 0 0 rg BT 478.63 574.25 Td (, the periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (presented in this report;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (4. ) Tj ET Q q 0 0 0 rg BT 59.82 538.25 Td (The registrant's other certifying of) Tj ET Q q 0 0 0 rg BT 196.39 538.25 Td (ficer and I are responsible for establishing and maintaining disclosure controls and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (procedures \(as defined in Exchange ) Tj ET Q q 0 0 0 rg BT 194.66 526.25 Td (Act Rules13a-15\(e\)and 15d-15\(e\)\) and internal control over financial reporting \(as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (defined in Exchange ) Tj ET Q q 0 0 0 rg BT 134.14 514.25 Td (Act Rules13a-15\(f\)and 15d-15\(f\)\) for the registrant and have:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 490.25 Td (a\) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 478.25 Td (under our supervision, to ensure that material information relating to the registrant, including its consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 466.25 Td (subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 454.25 Td (being prepared;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 442.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 430.25 Td (b\) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 418.25 Td (designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 406.25 Td (preparation of financial statements for external purposes in accordance with generally accepted accounting principles;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 394.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 382.25 Td (c\) Evaluated the ef) Tj ET Q q 0 0 0 rg BT 152.05 382.25 Td (fectiveness of the registrant's disclosure controls and procedures and presented in this report our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 370.25 Td (conclusions about the ef) Tj ET Q q 0 0 0 rg BT 173.74 370.25 Td (fectiveness of the disclosure controls and procedures, as of the end of the period covered by this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 358.25 Td (report based on such evaluation; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 346.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 334.25 Td (d\) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 322.25 Td (registrant's most recent fiscal quarter \(the registrant's fourth fiscal quarter in the case of an annual report\) that has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 310.25 Td (materially af) Tj ET Q q 0 0 0 rg BT 127.63 310.25 Td (fected, or is reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 309.04 310.25 Td (fect, the registrant's internal control over financial reporting; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 298.25 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 286.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (5. ) Tj ET Q q 0 0 0 rg BT 59.82 274.25 Td (The registrant's other certifying of) Tj ET Q q 0 0 0 rg BT 196.39 274.25 Td (ficer and I have disclosed, based on our most recent evaluation of internal control over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors \(or persons ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (performing the equivalent functions\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 226.25 Td (a\) ) Tj ET Q q 0 0 0 rg BT 86.72 226.25 Td (All significant deficiencies and material weaknesses in the design or operation of internal control over financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 214.25 Td (reporting which are reasonably likely to adversely af) Tj ET Q q 0 0 0 rg BT 287.57 214.25 Td (fect the registrant's ability to record, process, summarize and report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 202.25 Td (financial information; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 190.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 178.25 Td (b\) ) Tj ET Q q 0 0 0 rg BT 87.28 178.25 Td (Any fraud, whether or not material, that involves management or other employees who have a significant role in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 166.25 Td (registrant's internal control over financial reporting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 154.25 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 129.75 m 504.5 129.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 134.32 Td (Dated:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.00 134.32 Td (June 7, 2017) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 193.00 140.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 134.32 Td (By:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 134.32 Td (/s/ Dan Bodner) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 126.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 193.00 126.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 293.00 126.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 120.32 Td (Dan Bodner) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 112.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 193.00 112.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 293.00 112.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 106.32 Td (President and Chief Executive Officer) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 98.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 193.00 98.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 293.00 98.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 92.32 Td (Principal Executive Officer) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 111 0 obj <> endobj 112 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.30 742.25 Td (Exhibit31.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.75 718.25 Td (CER) Tj ET Q q 0 0 0 rg BT 118.60 718.25 Td (TIFICA) Tj ET Q q 0 0 0 rg BT 149.71 718.25 Td (TION BY) Tj ET Q q 0 0 0 rg BT 189.61 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 191.93 718.25 Td (THE CHIEF FINANCIAL) Tj ET Q q 0 0 0 rg BT 298.78 718.25 Td ( OFFICER PURSUANT) Tj ET Q q 0 0 0 rg BT 397.51 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 399.83 718.25 Td (T) Tj ET Q q 0 0 0 rg BT 405.76 718.25 Td (O SECTION302 OF ) Tj ET Q q 0 0 0 rg BT 492.80 718.25 Td (THE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.65 706.25 Td (SARBANES-OXLEY) Tj ET Q q 0 0 0 rg BT 320.73 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 322.68 706.25 Td (ACT) Tj ET Q q 0 0 0 rg BT 342.49 706.25 Td ( OF 2002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 694.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (I, Douglas E. Robinson, certify that:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (1. I have reviewed this quarterly report on Form10-Q of ) Tj ET Q q 0 0 0 rg BT 278.64 658.25 Td (V) Tj ET Q q 0 0 0 rg BT 284.76 658.25 Td (erint Systems Inc.;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (with respect to the period covered by this report;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (material respects the financial condition, results of operations and cash flows of the registrant as of, and for) Tj ET Q q 0 0 0 rg BT 478.63 574.25 Td (, the periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (presented in this report;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (4. ) Tj ET Q q 0 0 0 rg BT 59.82 538.25 Td (The registrant's other certifying of) Tj ET Q q 0 0 0 rg BT 196.39 538.25 Td (ficer and I are responsible for establishing and maintaining disclosure controls and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (procedures \(as defined in Exchange ) Tj ET Q q 0 0 0 rg BT 194.66 526.25 Td (Act Rules13a-15\(e\)and 15d-15\(e\)\) and internal control over financial reporting \(as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (defined in Exchange ) Tj ET Q q 0 0 0 rg BT 134.14 514.25 Td (Act Rules13a-15\(f\)and 15d-15\(f\)\) for the registrant and have:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 490.25 Td (a\) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 478.25 Td (under our supervision, to ensure that material information relating to the registrant, including its consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 466.25 Td (subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 454.25 Td (being prepared;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 442.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 430.25 Td (b\) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 418.25 Td (designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 406.25 Td (preparation of financial statements for external purposes in accordance with generally accepted accounting principles;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 394.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 382.25 Td (c\) Evaluated the ef) Tj ET Q q 0 0 0 rg BT 152.05 382.25 Td (fectiveness of the registrant's disclosure controls and procedures and presented in this report our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 370.25 Td (conclusions about the ef) Tj ET Q q 0 0 0 rg BT 173.74 370.25 Td (fectiveness of the disclosure controls and procedures, as of the end of the period covered by this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 358.25 Td (report based on such evaluation; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 346.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 334.25 Td (d\) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 322.25 Td (registrant's most recent fiscal quarter \(the registrant's fourth fiscal quarter in the case of an annual report\) that has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 310.25 Td (materially af) Tj ET Q q 0 0 0 rg BT 127.63 310.25 Td (fected, or is reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 309.04 310.25 Td (fect, the registrant's internal control over financial reporting; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 298.25 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 286.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (5. ) Tj ET Q q 0 0 0 rg BT 59.82 274.25 Td (The registrant's other certifying of) Tj ET Q q 0 0 0 rg BT 196.39 274.25 Td (ficer and I have disclosed, based on our most recent evaluation of internal control over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors \(or persons ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (performing the equivalent functions\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 226.25 Td (a\) ) Tj ET Q q 0 0 0 rg BT 86.72 226.25 Td (All significant deficiencies and material weaknesses in the design or operation of internal control over financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 214.25 Td (reporting which are reasonably likely to adversely af) Tj ET Q q 0 0 0 rg BT 287.57 214.25 Td (fect the registrant's ability to record, process, summarize and report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 202.25 Td (financial information; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 190.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 178.25 Td (b\) ) Tj ET Q q 0 0 0 rg BT 87.28 178.25 Td (Any fraud, whether or not material, that involves management or other employees who have a significant role in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 166.25 Td (registrant's internal control over financial reporting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 154.25 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 129.75 m 506.5 129.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 134.32 Td (Dated:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.00 134.32 Td (June 7, 2017) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 193.00 140.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 134.32 Td (By:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 134.32 Td (/s/ Douglas E. Robinson) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 126.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 193.00 126.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 293.00 126.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 120.32 Td (Douglas E. Robinson) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 112.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 193.00 112.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 293.00 112.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 106.32 Td (Chief Financial Officer) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 98.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 193.00 98.56 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 293.00 98.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 92.32 Td (Principal Financial Officer) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 113 0 obj <> endobj 114 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.30 742.25 Td (Exhibit 32.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.95 718.25 Td (CER) Tj ET Q q 0 0 0 rg BT 196.80 718.25 Td (TIFICA) Tj ET Q q 0 0 0 rg BT 227.91 718.25 Td (TION PURSUANT) Tj ET Q q 0 0 0 rg BT 306.90 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 309.22 718.25 Td (T) Tj ET Q q 0 0 0 rg BT 315.15 718.25 Td (O 18 U.S.C. SECTION1350,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.80 706.25 Td (AS ) Tj ET Q q 0 0 0 rg BT 129.53 706.25 Td (ADOPTED PURSUANT) Tj ET Q q 0 0 0 rg BT 231.30 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 233.62 706.25 Td (T) Tj ET Q q 0 0 0 rg BT 239.55 706.25 Td (O SECTION906 OF ) Tj ET Q q 0 0 0 rg BT 326.60 706.25 Td (THE SARBANES-OXLEY) Tj ET Q q 0 0 0 rg BT 437.61 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 439.56 706.25 Td (ACT) Tj ET Q q 0 0 0 rg BT 459.38 706.25 Td ( OF 2002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 694.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (In connection with the Quarterly Report of ) Tj ET Q q 0 0 0 rg BT 223.38 682.25 Td (V) Tj ET Q q 0 0 0 rg BT 229.49 682.25 Td (erint Systems Inc. \(the Company\) on Form10-Q for the period ended ) Tj ET Q q 0 0 0 rg BT 518.04 682.25 Td (April 30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (2017 \(the Report\),I, Dan Bodner) Tj ET Q q 0 0 0 rg BT 191.50 670.25 Td (, President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 330.72 670.25 Td (ficer of the Company) Tj ET Q q 0 0 0 rg BT 415.32 670.25 Td (, hereby certify) Tj ET Q q 0 0 0 rg BT 475.47 670.25 Td (, pursuant to 18 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (U.S.C. Section1350, as adopted pursuant to Section906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 370.51 658.25 Td (Act of 2002, that to my knowledge:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (\(1\)the Report fully complies with the requirements of Section13\(a\)or 15\(d\)of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 469.05 634.25 Td (Act of 1934, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (amended; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (\(2\)the information contained in the Report fairly presents, in all material respects, the financial condition and results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (operations of the Company) Tj ET Q q 0 0 0 rg BT 157.94 586.25 Td (.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 549.75 m 562.5 549.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 554.32 Td (Dated:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.00 554.32 Td (June 7, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 554.32 Td (/s/ Dan Bodner) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 546.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 540.32 Td (Dan Bodner) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 532.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 526.32 Td (President and Chief Executive Officer) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 518.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 512.32 Td (Principal Executive Officer) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.25 Td (This certification accompanies this Report on Form10-Q pursuant to Section906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 470.19 484.25 Td (Act of 2002 and shall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (not, except to the extent required by such ) Tj ET Q q 0 0 0 rg BT 216.89 472.25 Td (Act, be deemed filed by the Company for purposes of Section18 of the Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.25 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 91.37 460.25 Td (Act of 1934, as amended \(the Exchange ) Tj ET Q q 0 0 0 rg BT 257.42 460.25 Td (Act\). Such certification will not be deemed to be incorporated by reference ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.25 Td (into any filing under the Securities ) Tj ET Q q 0 0 0 rg BT 190.53 448.25 Td (Act of 1933, as amended, or the Exchange ) Tj ET Q q 0 0 0 rg BT 362.14 448.25 Td (Act, except to the extent that the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.25 Td (specifically incorporates it by reference.) Tj ET Q endstream endobj 115 0 obj <> endobj 116 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.30 742.25 Td (Exhibit32.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.00 730.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.70 718.25 Td (CER) Tj ET Q q 0 0 0 rg BT 197.55 718.25 Td (TIFICA) Tj ET Q q 0 0 0 rg BT 228.66 718.25 Td (TION REQUIRED BY) Tj ET Q q 0 0 0 rg BT 321.62 718.25 Td ( 18 U.S.C. SECTION1350,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.80 706.25 Td (AS ) Tj ET Q q 0 0 0 rg BT 129.53 706.25 Td (ADOPTED PURSUANT) Tj ET Q q 0 0 0 rg BT 231.30 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 233.62 706.25 Td (T) Tj ET Q q 0 0 0 rg BT 239.55 706.25 Td (O SECTION906 OF ) Tj ET Q q 0 0 0 rg BT 326.60 706.25 Td (THE SARBANES-OXLEY) Tj ET Q q 0 0 0 rg BT 437.61 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 439.56 706.25 Td (ACT) Tj ET Q q 0 0 0 rg BT 459.38 706.25 Td ( OF 2002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 694.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (In connection with the Quarterly Report of ) Tj ET Q q 0 0 0 rg BT 223.38 682.25 Td (V) Tj ET Q q 0 0 0 rg BT 229.49 682.25 Td (erint Systems Inc. \(the Company\) on Form10-Q for the period ended ) Tj ET Q q 0 0 0 rg BT 518.04 682.25 Td (April 30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (2017 \(the Report\),I, Douglas E. Robinson, Chief Financial Of) Tj ET Q q 0 0 0 rg BT 308.38 670.25 Td (ficer of the Company) Tj ET Q q 0 0 0 rg BT 392.98 670.25 Td (, hereby certify) Tj ET Q q 0 0 0 rg BT 453.13 670.25 Td (, pursuant to 18 U.S.C. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (Section1350, as adopted pursuant to Section906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 341.05 658.25 Td (Act of 2002, that to my knowledge:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (\(1\)the Report fully complies with the requirements of Section13\(a\)or 15\(d\)of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 469.05 634.25 Td (Act of 1934, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (amended; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (\(2\)the information contained in the Report fairly presents, in all material respects, the financial condition and results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (operations of the Company) Tj ET Q q 0 0 0 rg BT 157.94 586.25 Td (.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 549.75 m 562.5 549.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 554.32 Td (Dated:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.00 554.32 Td (June 7, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 554.32 Td (/s/ Douglas E. Robinson) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 546.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 540.32 Td (Douglas E. Robinson) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 532.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 526.32 Td (Chief Financial Officer) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 93.00 518.56 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 512.32 Td (Principal Financial Officer) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.25 Td (This certification accompanies this Report on Form10-Q pursuant to Section906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 470.19 484.25 Td (Act of 2002 and shall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (not, except to the extent required by such ) Tj ET Q q 0 0 0 rg BT 216.89 472.25 Td (Act, be deemed filed by the Company for purposes of Section18 of the Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.25 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 91.37 460.25 Td (Act of 1934, as amended \(the Exchange ) Tj ET Q q 0 0 0 rg BT 257.42 460.25 Td (Act\). Such certification will not be deemed to be incorporated by reference ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.25 Td (into any filing under the Securities ) Tj ET Q q 0 0 0 rg BT 190.53 448.25 Td (Act of 1933, as amended, or the Exchange ) Tj ET Q q 0 0 0 rg BT 362.14 448.25 Td (Act, except to the extent that the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.25 Td (specifically incorporates it by reference.) Tj ET Q endstream endobj 117 0 obj <> /View <>>>>> endobj 118 0 obj <> /View <>>>>> endobj 119 0 obj <> endobj 120 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;