GOODWILL (Tables)

12 Months Ended

Jan. 31, 2013

GOODWILL [Abstract]

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the fiscal years ended January 31, 2013, and 2012 were as follows:

	Gross Carrying			Accumulated
	Amount			Impairment			Goodwill, Net
	(in thousands)
Balance at January 31, 2011	$	22,065		$	(15,608	)	$	6,457
Impact of foreign currency translation		(45	)		—			(45	)
Balance at January 31, 2012		22,020			(15,608	)		6,412
Impact of foreign currency translation		313			—			313
DynaSys acquisition		2,231			—			2,231
CEBOS acquisition		2,456			—			2,456
Balance at January 31, 2013	$	27,020		$	(15,608	)	$	11,412

Finite-Lived Intangible Assets

Intangible Assets

	January 31,			January 31,
	2013			2012
	(in thousands)
Amortizable intangible assets
Customer relationships (1)	$	3,049		$	—
Trade name (1)		532			—
		3,581			—
Less: accumulated amortization		(279	)		—
Net amortizable intangible assets	$	3,302		$	—

______________________

(1) Customer relationships and trade name include the impact of foreign currency translation.

Estimated Amortization Expense

Amortization of intangible assets was $264,000, $14,000 and $55,000 for the fiscal years 2013, 2012 and 2011 respectively. The following table summarizes the estimated amortization expense relating to the Company's intangible assets as of January 31, 2013:

Fiscal Years	(in thousands)
2014	$	716
2015		716
2016		716
2017		716
2018		438
	$	3,302