GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Oct. 31, 2014

GOODWILL AND INTANGIBLE ASSETS [Abstract]

Changes in carrying amount of goodwill

The changes in the carrying amount of goodwill for the nine months ended October 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		(163	)		—			(163	)
Balance at October 31, 2014	$	26,822		$	(15,608	)	$	11,214

Intangible assets

Intangible Assets

		October 31, 2014			January 31, 2014
	(in thousands)
Amortizable intangible assets
Customer relationships (1)		$	2,940			$	3,048
Trade name			515				515
			3,455				3,563
Less: accumulated amortization			(1,463	)			(978	)
Net amortizable intangible assets		$	1,992			$	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 October 31, 2014:

Fiscal Years	(in thousands)
2015 remaining	$	174
2016		694
2017		694
2018		430
	$	1,992