Schedule of Change in Carrying Amount of Goodwill |
The following table represents the changes in the carrying amount of goodwill for the six months ended July 31, 2017 (amounts in thousands):
Balance as of February 1, 2017:
|
|
|
|
|
Goodwill, gross
|
|
$
|
62,566
|
|
Accumulated impairment losses
|
|
|
(39,279
|
)
|
Goodwill, net
|
|
|
23,287
|
|
Cumulative translation adjustment
|
|
|
1,381
|
|
Balance as of July 31, 2017:
|
|
|
|
|
Goodwill, gross
|
|
|
63,947
|
|
Accumulated impairment losses
|
|
|
(39,279
|
)
|
Goodwill, net
|
|
$
|
24,668
|
|
|
Schedule of Intangible Assets |
Intangible assets, net, consisted of the following at July 31, 2017 and January 31, 2017:
|
|
|
|
|
|
As of July 31, 2017
|
|
|
As of January 31, 2017
|
|
|
|
Weighted average remaining life (Years)
|
|
|
Gross
|
|
|
Accumulated Amortization
|
|
|
Net
|
|
|
Gross
|
|
|
Accumulated Amortization
|
|
|
Net
|
|
|
|
(Amounts in thousands)
|
|
Finite-life intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Customer contracts
|
|
|
2.3
|
|
|
$
|
31,114
|
|
|
$
|
(29,547
|
)
|
|
$
|
1,567
|
|
|
$
|
30,056
|
|
|
$
|
(28,019
|
)
|
|
$
|
2,037
|
|
Non-compete agreements
|
|
|
0.8
|
|
|
|
2,537
|
|
|
|
(2,525
|
)
|
|
|
12
|
|
|
|
2,374
|
|
|
|
(2,356
|
)
|
|
|
18
|
|
Completed technology
|
|
|
2.5
|
|
|
|
11,097
|
|
|
|
(10,695
|
)
|
|
|
402
|
|
|
|
10,496
|
|
|
|
(9,997
|
)
|
|
|
499
|
|
Trademarks, patents and other
|
|
|
2.8
|
|
|
|
7,164
|
|
|
|
(7,117
|
)
|
|
|
47
|
|
|
|
7,125
|
|
|
|
(7,076
|
)
|
|
|
49
|
|
Total finite-life intangible assets
|
|
|
2.4
|
|
|
$
|
51,912
|
|
|
$
|
(49,884
|
)
|
|
$
|
2,028
|
|
|
$
|
50,051
|
|
|
$
|
(47,448
|
)
|
|
$
|
2,603
|
|
|
Schedule of Finite-Life Intangible Assets, Future Amortization Expense |
As of July 31, 2017, the estimated future amortization expense for our finite-life intangible assets is as follows (amounts in thousands):
|
|
Estimated
|
|
|
|
Amortization
|
|
Fiscal Year Ended January 31,
|
|
Expense
|
|
2018 (for the remaining six months)
|
|
$
|
854
|
|
2019
|
|
|
862
|
|
2020
|
|
|
305
|
|
2021
|
|
|
7
|
|
2022
|
|
|
—
|
|
2023 and thereafter
|
|
|
—
|
|
Total
|
|
$
|
2,028
|
|
|