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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Oct. 31, 2015
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, 2015 and January 31, 2015:
 
  
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, 2015
 
$
107,155
       
Money market mutual funds as of January 31, 2015
 
$
98,294
       
Liability related to the interest rate swap as of October 31, 2015
     
$
(462
)
   
Liability related to the interest rate swap as of January 31, 2015
     
$
(626
)
   
Contingent liability associated with acquisitions as of October 31, 2015
         
$
 
Contingent liability associated with acquisitions as of January 31, 2015
         
$
(750
)
Fair values of the derivative instrument
The fair values of the derivative instrument at October 31, 2015 and January 31, 2015 were as follows (in thousands):
 
 
(Liability) derivative
 
    
Fair Value
 
Balance Sheet
Location
 October 31,
2015
 
January 31,
2015
 
Derivative instrument:
    
Interest rate swap
Other liabilities
  
$
(462
)
 
$
(626
)
Total
   
$
(462
)
 
$
(626
)