GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jul. 31, 2014

GOODWILL AND INTANGIBLE ASSETS [Abstract]

Changes in carrying amount of goodwill

The changes in the carrying amount of goodwill for the six months ended July 31, 2014 were as follows:

		Gross Carrying Amount			Accumulated Impairment		Goodwill, Net
	(in thousands)
Balance at January 31, 2014		$	26,985	$	(15,608	)	$	11,377
Impact of foreign currency translation			13		—			13
Balance at July 31, 2014		$	26,998	$	(15,608	)	$	11,390

Intangible assets

Intangible Assets

		July 31, 2014			January 31, 2014
	(in thousands)
Amortizable intangible assets
Customer relationships (1)		$	3,030		$	3,048
Trade name			515			515
			3,545			3,563
Less: accumulated amortization			(1,328	)		(978	)
Net amortizable intangible assets		$	2,217		$	2,585

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

Estimated amortization expense

The following table summarizes the estimated amortization expense relating to the Company's intangible assets as of July 31, 2014:

Fiscal Years	(in thousands)
2015 remaining	$	356
2016		713
2017		712
2018		436
	$	2,217