Goodwill and Intangible Assets

12 Months Ended

Feb. 29, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill are summarized as follows (in thousands):



Balance as of February 28, 2015	$	39,742
Goodwill acquired	30,054
Effect of foreign exchange rates	(201		)
Balance as of February 29, 2016	$	69,595

As of February 29, 2016, no impairment of goodwill has been identified.

Intangible assets subject to amortization are summarized as follows (in thousands):



	As of February 29, 2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Value
Acquired developed technology	$	50,082	$	(25,643	)	$	24,439
Software license	400		(400		)	—
Customer relationships	19,809		(7,313		)	12,496
Patents	2,999		(1,295		)	1,704
Trade name	812		(259		)	553
Acquired developed software	200		(200		)	—
	$	74,302	$	(35,110	)	$	39,192



	As of February 28, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Value
Acquired developed technology	$	28,799	$	(22,987	)	$	5,812
Software license	400		(400		)	—
Customer relationships	8,233		(6,032		)	2,201
Patents	1,625		(1,058		)	567
Trade name	513		(172		)	341
Acquired developed software	200		(200		)	—
	$	39,770	$	(30,849	)	$	8,921

In addition to the above, we maintain other intangible assets not subject to amortization of $0.2 million and $0.3 million as of February 29, 2016 and February 28, 2015, respectively.

Amortization expense, including impairment charges, for fiscal 2016, 2015 and 2014 was $5.6 million, $3.4 million and $5.4 million, respectively.

As of February 29, 2016, amortization expense for intangible assets for each of the next five years is as follows: $7.2 million in fiscal 2017, $6.9 million in fiscal 2018, $6.0 million in fiscal 2019, $5.8 million in fiscal 2020, $5.3 million in fiscal 2021 and $8.0 million thereafter.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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