Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jan. 31, 2017
Components of Identified Intangible Assets Associated with Acquisition and their Estimated Useful Lives

The intangible assets are amortized to cost of sales and operating expenses, as appropriate, on a straight-line or accelerated basis, using the economic consumption life basis, to reflect the period that the assets will be consumed, which are:

 

Intangible assets with finite useful lives:

Customer contracts

   1 - 8 years

Non-compete agreements

   2 - 3 years

Completed technology

   4 - 6 years

Trademarks, patents and other

   5 - 7 years
DCC Labs [Member]  
Components of Identified Intangible Assets Associated with Acquisition and their Estimated Useful Lives

The following table sets forth the components of the identified intangible assets associated with the DCC Labs acquisition and their estimated useful lives:

 

     Useful life      Fair Value  
            (Amounts in thousands)  

Tradename

     4 years      $ 60  

Customer contracts

     2 years        230  

Non-compete agreements

     2 years        30  

Existing technology

     3 years        490  
     

 

 

 
      $ 810  
     

 

 

 
Timeline Labs [Member]  
Components of Identified Intangible Assets Associated with Acquisition and their Estimated Useful Lives

The following table sets forth the components of the identified intangible assets associated with the Timeline Labs acquisition and their estimated useful lives:

 

     Useful life      Fair Value  
            (Amounts in thousands)  

Tradename

     7 years      $ 620  

Customer contracts

     7 years        4,760  

Non-compete agreements

     2 years        170  

Existing technology

     5 years        1,170  
     

 

 

 
      $ 6,720