Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.8
Goodwill and Intangible Assets (Tables)
3 Months Ended
Apr. 30, 2014
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the three months ended April 30, 2014 were as follows:

 

     Goodwill  
     (Amounts in thousands)  

Balance at January 31, 2014

   $ 45,150   

Cumulative translation adjustment

     478   
  

 

 

 

Balance at April 30, 2014

   $ 45,628   
  

 

 

 
Schedule of Intangible Assets

Intangible assets, net, consisted of the following:

 

            As of April 30, 2014      As of January 31, 2014  
     Weighted
average
remaining
life

(Years)
     Gross      Accumulated
Amortization
    Net      Gross      Accumulated
Amortization
    Net  
            (Amounts in thousands)  

Finite-lived intangible assets:

                  

Customer contracts

     6.0       $ 32,847       $ (23,249   $ 9,598       $ 32,593       $ (22,344   $ 10,249   

Non-compete agreements

     1.0         2,811         (2,707     104         2,772         (2,632     140   

Completed technology

     5.1         11,595         (9,568     2,027         11,461         (9,195     2,266   

Trademarks, patents and other

     —           7,158         (7,158     —           7,151         (7,151     —     
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total finite-lived intangible assets

      $ 54,411       $ (42,682   $ 11,729       $ 53,977       $ (41,322   $ 12,655   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Indefinite-lived intangible assets:

                  

Trade names

     Indefinite       $ 200       $ —        $ 200       $ 200       $ —        $ 200   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total indefinite-lived intangible assets

        200         —          200         200         —          200   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total intangible assets

      $ 54,611       $ (42,682   $ 11,929       $ 54,177       $ (41,322   $ 12,855   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of April 30, 2014, the estimated future amortization expense for our finite-lived intangible assets for the remainder of fiscal year 2015, the four succeeding fiscal years and thereafter is as follows (amounts in thousands):

 

     Estimated  
     Amortization  

Fiscal Year Ended January 31,

   Expense  

2015 (for the remaining nine months)

   $ 3,295   

2016

     3,572   

2017

     2,432   

2018

     1,457   

2019

     751   

2020 and thereafter

     222   
  

 

 

 

Total

   $ 11,729