Acquisitions and Strategic Agreements(Tables) (Unibased Systems Architecture, Inc)

3 Months Ended

Apr. 30, 2015

Unibased Systems Architecture, Inc

Business Acquisition [Line Items]

Purchase price allocation of assets and liabilities

The purchase price was allocated to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values as of the acquisition date as follows:

	Balance at February 3, 2014
Assets purchased:
Cash	$	59,000
Accounts receivable	221,000
Other assets	61,000
Internally-developed software	2,017,000
Client relationships	647,000
Trade name	26,000
Goodwill (1)	4,251,000
Total assets purchased	7,282,000
Liabilities assumed:
Accounts payable and accrued liabilities	362,000
Deferred revenue obligation, net	793,000
Deferred income taxes	9,000
Net assets acquired	$	6,118,000
Cash paid	$	6,118,000

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(1) Goodwill represents the excess of purchase price over the estimated fair value of net tangible and intangible assets acquired, which is not deductible for tax purposes.