| Schedule of Change in Carrying Amount of Goodwill |
Changes in the carrying amount of goodwill for the three months
ended April 30, 2016 were as follows (amounts in thousands):
|
|
|
|
|
|
Balance as of February 1, 2016
|
|
|
|
|
|
Goodwill
|
|
$ |
55,962 |
|
|
Accumulated impairment losses
|
|
|
(15,787 |
) |
|
|
|
|
|
|
|
$ |
40,175 |
|
|
Cumulative translation adjustment
|
|
|
1,129 |
|
|
|
|
|
|
|
Balance as of April 30, 2016
|
|
|
|
|
|
Goodwill
|
|
|
57,091 |
|
|
Accumulated impairment losses
|
|
|
(15,787 |
) |
|
|
|
|
|
|
|
$ |
41,304 |
|
|
|
|
|
|
|
| Schedule of Intangible Assets |
Intangible assets, net, consisted of the following at April 30,
2016 and January 31, 2016:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
As of April 30, 2016 |
|
|
As of January 31, 2016 |
|
| |
|
Weighted average
remaining life
(Years) |
|
|
Gross |
|
|
Accumulated
Amortization |
|
|
Net |
|
|
Gross |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
(Amounts in
thousands) |
|
|
Finite-life intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Customer contracts
|
|
|
6.0 |
|
|
$ |
30,555 |
|
|
$ |
(27,192 |
) |
|
$ |
3,363 |
|
|
$ |
29,956 |
|
|
$ |
(26,284 |
) |
|
$ |
3,672 |
|
|
Non-compete agreements
|
|
|
— |
|
|
|
2,457 |
|
|
|
(2,457 |
) |
|
|
— |
|
|
|
2,365 |
|
|
|
(2,365 |
) |
|
|
— |
|
|
Completed technology
|
|
|
5.5 |
|
|
|
10,389 |
|
|
|
(10,005 |
) |
|
|
384 |
|
|
|
10,075 |
|
|
|
(9,621 |
) |
|
|
454 |
|
|
Trademarks, patents and other
|
|
|
— |
|
|
|
7,087 |
|
|
|
(7,087 |
) |
|
|
— |
|
|
|
7,068 |
|
|
|
(7,068 |
) |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total finite-life intangible assets
|
|
|
|
|
|
$ |
50,488 |
|
|
$ |
(46,741 |
) |
|
$ |
3,747 |
|
|
$ |
49,464 |
|
|
$ |
(45,338 |
) |
|
$ |
4,126 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Finite-Life Intangible Assets, Future Amortization Expense |
As of April 30, 2016, the estimated future amortization expense for
our finite-life intangible assets for the remainder of fiscal 2017,
the four succeeding fiscal years is as follows (amounts in
thousands):
|
|
|
|
|
| |
|
Estimated
|
|
| |
|
Amortization
|
|
|
Fiscal Year Ended January 31,
|
|
Expense |
|
|
2017 (for the remaining nine months)
|
|
$ |
1,573 |
|
|
2018
|
|
|
1,301 |
|
|
2019
|
|
|
630 |
|
|
2020
|
|
|
243 |
|
|
2021
|
|
|
— |
|
|
2022 and thereafter
|
|
|
— |
|
|
|
|
|
|
|
Total
|
|
$ |
3,747 |
|
|
|
|
|
|
|