PROPERTY AND EQUIPMENT

12 Months Ended

Jan. 31, 2014

4. PROPERTY AND EQUIPMENT

Property and equipment, net consisted of the following:

	January 31,
	2014			2013
	(in thousands)
Buildings and building improvements	$	32,298		$	32,353
Computer equipment and software		22,121			22,668
Furniture and office equipment		10,856			11,066
Leasehold improvements		6,033			5,902
Land		3,850			3,850
Automobiles		43			270
		75,201			76,109
Less accumulated depreciation and amortization		(42,116	)		(43,583	)
	$	33,085		$	32,526

The changes in property and equipment, net for the fiscal years ended January 31, 2014 and 2013 were as follows:

	January 31,
	2014			2013
	(in thousands)
Cost
Balance at February 1	$	76,109		$	76,868
Additions		4,779			3,071
Acquisitions		-			1,220
Disposals		(5,145	)		(5,216	)
Impact of foreign currency translation		(542	)		166
Balance at January 31		75,201			76,109

Accumulated depreciation
Balance at February 1		(43,583	)		(43,729	)
Acquisitions		-			(1,043	)
Depreciation		(4,080	)		(3,958	)
Disposals		5,113			5,212
Impact of foreign currency translation		434			(65	)
Balance at January 31		(42,116	)		(43,583	)
Property and equipment, net at January 31	$	33,085		$	32,526

Depreciation and amortization expense of property and equipment for fiscal 2014, 2013 and 2012 was $4.1 million, $4.0 million and $4.2 million, respectively. There was no impairment of property and equipment assets during fiscal 2014, 2013 and 2012.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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