Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.19.2
Acquisitions (Tables)
6 Months Ended
Jul. 31, 2019
Business Combinations [Abstract]  
Summary of Preliminary Purchase Price Allocation Recorded The following table summarizes the preliminary purchase price allocation recorded:

Estimated fair value of consideration:

 

 

 

 

Cash

 

$

4,552

 

Stock consideration

 

 

874

 

Total purchase price

 

$

5,426

 

 

Estimated fair value of assets acquired and liabilities assumed:

 

 

 

 

Cash and cash equivalents

 

$

714

 

Other current assets

 

 

927

 

Other long-term assets

 

 

152

 

Finite-life intangible assets

 

 

3,648

 

Goodwill

 

 

1,221

 

Current liabilities

 

 

(1,236

)

Allocated purchase price

 

$

5,426

 

Schedule of Estimated Fair Values and Useful Lives of Identifiable Intangible Assets Acquired

The following table presents the estimated fair values and useful lives of the identifiable intangible assets acquired:

 

 

 

Useful Life

 

Fair Value

 

 

 

 

 

(amounts in

thousands)

 

Customer contracts

 

3 years

 

$

2,273

 

Existing technology

 

3 years

 

 

1,375

 

 

 

 

 

$

3,648