Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.7.0.1
Acquisitions (Tables) - DCC Labs [Member]
 3 Months Ended
Apr. 30, 2017
Summary of Allocation of Purchase Price

The allocation of purchase price was as follows (amounts in thousands):

 

Estimated Fair value of consideration:

   

Cash, net of cash acquired

    $ 5,243  

Stock consideration

      2,640  
  

 

 

  

Total purchase price

    $ 7,883  
  

 

 

  

Estimated Fair value of assets acquired and liabilities assumed:

   

Current assets

      826  

Other long-term assets

      116  

Finite-life intangible assets

      810  

Goodwill

      7,255  

Current liabilities

      (618 ) 

Other long-term liabilities

      (506 ) 
  

 

 

  

Allocated purchase price

    $ 7,883  
  

 

 

  
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