Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.5.0.2
Goodwill and Intangible Assets (Tables)
9 Months Ended
Oct. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the nine months ended October 31, 2016 were as follows (amounts in thousands):

 

Balance as of February 1, 2016

  

Goodwill

   $ 55,962   

Accumulated impairment losses

     (15,787
  

 

 

 
     40,175   

Acquisition of DCC Labs

     5,401   

Cumulative translation adjustment

     113   
  

 

 

 

Balance as of October 31, 2016

  

Goodwill

     61,476   

Accumulated impairment losses

     (15,787
  

 

 

 
   $ 45,689   
  

 

 

 
Schedule of Intangible Assets

Intangible assets, net, consisted of the following at October 31, 2016 and January 31, 2016:

 

          As of October 31, 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

   4.3    $ 31,454       $ (27,797   $ 3,657       $ 29,956       $ (26,284   $ 3,672   

Non-compete agreements

   1.8      2,483         (2,410     73         2,365         (2,365     —     

Completed technology

   6.0      11,509         (10,029     1,480         10,075         (9,621     454   

Trademarks, patents and other

   4.8      7,267         (7,092     175         7,068         (7,068     —     
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total finite-life intangible assets

   4.7    $ 52,713       $ (47,328   $ 5,385       $ 49,464       $ (45,338   $ 4,126   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 
Schedule of Finite-Life Intangible Assets, Future Amortization Expense

As of October 31, 2016, the estimated future amortization expense for our finite-life intangible assets is as follows (amounts in thousands):

 

Fiscal Year Ended January 31,

   Estimated
Amortization
Expense
 

2017 (for the remaining three months)

   $ 635   

2018

     1,721   

2019

     1,038   

2020

     524   

2021

     389   

2022 and thereafter

     1,078   
  

 

 

 

Total

   $ 5,385