XML 53 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Oct. 31, 2014
FAIR VALUE MEASUREMENTS [Abstract]  
Summary of financial assets and liabilities, measured at fair value
The following table sets forth the financial assets, measured at fair value, as of October 31, 2014 and January 31, 2014:
 
  
Fair value measurement at reporting date using
 
  
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
  
Significant Other
Observable Inputs
(Level 2)
  
Significant
Unobservable Inputs
(Level 3)
 
    
(in thousands)
   
Money market mutual funds as of October 31, 2014
$
50,402
 
Money market mutual funds as of January 31, 2014
 
$
57,204
     
Liability related to the interest rate swap as of  October 31, 2014
     
$
(71
)
  
Asset related to the  interest rate swap as of January 31, 2014
     
$
250
   
Contingent liability associated with acquisitions as of October 31, 2014
         
$
(736
)
Contingent liability associated with acquisitions as of January 31, 2014
         
$
(1,178
)
Fair values of the derivative instrument
The fair values of the derivative instrument at October 31, 2014 and January 31, 2014 were as follows (in thousands):

 
( Liability) Asset Derivative
 
 
Fair Value
Balance Sheet
Location
October 31,
2014
 
January 31,
2014
 
Derivative instrument:
   
Interest rate swap
Other (liabilities) assets, net
 
$
(71
)
 
$
250
 
Total
  
$
(71
)
 
$
250