Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.1.9
Goodwill and Intangible Assets (Tables)
3 Months Ended
Apr. 30, 2015
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, 2015 were as follows:

 

     Goodwill  
     (Amounts in thousands)  

Balance at January 31, 2015

   $ 41,008   

Acquisition of Timeline Labs

     17,453   

Cumulative translation adjustment

     (327
  

 

 

 

Balance at April 30, 2015

$ 58,134   
  

 

 

 

Schedule of Intangible Assets

Intangible assets, net, consisted of the following at April 30, 2015 and January 31, 2015:

 


          As of April 30, 2015      As of January 31, 2015  
     Weighted
average
remaining
life

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

Finite-life intangible assets:

                  

Customer contracts

   6.3    $ 34,984       $ (24,896   $ 10,088       $ 30,397       $ (24,160   $ 6,237   

Non-compete agreements

   2.0      2,576         (2,427     149         2,433         (2,433     —     

Completed technology

   5.1      11,386         (9,359     2,027         10,307         (9,230     1,077   

Trademarks, patents and other

   7.0      7,697         (7,099     598         7,082         (7,082     —     
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total finite-life intangible assets

$ 56,643    $ (43,781 $ 12,862    $ 50,219    $ (42,905 $ 7,314   
Schedule of Finite-Life Intangible Assets, Future Amortization Expense

As of April 30, 2015, the estimated future amortization expense for our finite-life intangible assets for the remainder of fiscal 2016, the four succeeding fiscal years and thereafter is as follows (amounts in thousands):

 

Fiscal Year Ended January 31,

   Estimated
Amortization
Expense
 

2016 (for the remaining nine months)

   $ 3,423   

2017

     3,244   

2018

     2,197   

2019

     1,648   

2020

     1,199   

2021 and thereafter

     1,151   
  

 

 

 

Total

$ 12,862