Property and Equipment, Net

9 Months Ended

Oct. 31, 2013

Property Plant And Equipment [Abstract]

Property and Equipment, Net

3. Property and Equipment, Net

Depreciation expense was approximately $0.3 million and $0.2 million for the three months ended October 31, 2013 and 2012, respectively. Depreciation expense was approximately $0.8 million and $0.5 million for the nine months ended October 31, 2013 and 2012, respectively. Property and equipment at October 31, 2013 and January 31, 2013 consisted of the following:

	As of October 31, 2013			As of January 31, 2013
	(in thousands)
Computer equipment and software	$	4,247		$	2,810
Machinery and equipment		2,112			2,050
Furniture and fixtures		413			397
Leasehold improvements		1,195			642
Construction in progress		—			827
		7,967			6,726
Less: accumulated depreciation and amortization		(4,942	)		(4,190	)
Total property and equipment, net	$	3,025		$	2,536

In March 2013, the Company entered into a lease agreement of approximately 35,000 square feet for its new headquarters located in Santa Clara, California with an initial five-year term. Pursuant to the lease agreement, the Company agreed to pay certain construction costs. As of October 31, 2013, the Company had capitalized approximately $0.7 million of leasehold improvement as a result of the construction, which will be depreciated over the term of the lease.

In August 2012, the Company began implementation of its enterprise resources planning (“ERP”) system. As of October 31, 2013, the Company capitalized approximately $1.1 million of internal-use software related to the ERP implementation project and amortized over an estimated economic useful life of three years under a straight-line method.