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 |
|
|
|
|
|
|
|