Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.7.0.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Jan. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill

At January 31, 2017 and 2016, we had goodwill of $23.3 million and $40.2 million, respectively. The following table represents the changes in goodwill for the fiscal year ended January 31, 2017 (amounts in thousands):

 

Balance as of February 1, 2016:

   

Goodwill, gross

    $ 55,962  

Accumulated impairment losses

      (15,787 ) 
  

 

 

  

Goodwill, net

      40,175  

Acquisition of DCC Labs

      7,255  

Goodwill impairment charge

      (23,492 ) 

Cumulative translation adjustment

      (651 ) 
  

 

 

  

Balance as of January 31, 2017

   

Goodwill, gross

      61,707  

Accumulated impairment losses

      (39,279 ) 
  

 

 

  

Goodwill, net

    $ 23,287  
  

 

 

  
Schedule of Intangible Assets

Intangible assets, net, consisted of the following at January 31, 2017 and 2016:

 

          January 31, 2017     January 31, 2016  
    Weighted average
remaining life
(Years)		     Gross     Accumulated
Amortization		     Net     Gross     Accumulated
Amortization		     Net  
    (Amounts in thousands)  

Finite-lived intangible assets:

              

Customer contracts

     2.4     $ 30,056     $ (28,019 )    $ 2,037     $ 29,956     $ (26,284 )    $ 3,672  

Non-compete agreements

     1.3       2,374       (2,356 )      18       2,365       (2,365 )      —    

Completed technology

     2.4       10,496       (9,997 )      499       10,075       (9,621 )      454  

Trademarks, patents and other

     3.3       7,125       (7,076 )      49       7,068       (7,068 )      —    
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total finite-lived intangible assets

     2.4     $ 50,051     $ (47,448 )    $ 2,603     $ 49,464     $ (45,338 )    $ 4,126  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
Schedule of Finite-Life Intangible Assets, Future Amortization Expense

The total amortization expense for each of the next five fiscal years is as follows (amounts in thousands):

 

For the Fiscal Years Ended January 31,

    Estimated
Amortization
Expense		  

2018

    $ 1,412  

2019

      931  

2020

      257  

2021

      3  

2022

      —    

2023 and thereafter

      —    
  

 

 

  

Total

    $ 2,603