Property and Equipment, net

12 Months Ended

Jan. 31, 2013

4. Property and Equipment, net

Depreciation expense was approximately $0.7 million, $0.6 million and $0.6 million for the years ended January 31, 2013, 2012 and 2011, respectively. Property and equipment at January 31, 2013 and 2012 consisted of the following:


	As of January 31,
	2013			2012
	(in thousands)
Computer equipment and software	$	2,810		$	2,481
Machinery and equipment		2,050			1,951
Furniture and fixtures		397			346
Leasehold improvements		642			543
Construction in progress		827			—

		6,726			5,321
Less: accumulated depreciation and amortization		(4,190	)		(3,635	)

Total property and equipment, net	$	2,536		$	1,686

- 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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