Goodwill and Intangible Assets

6 Months Ended

Aug. 31, 2017

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, 2017	$	69,795
Effect of foreign exchange rates	858
Balance as of August 31, 2017	$	70,653

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



	As of August 31, 2017
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Value
Acquired developed technology	$	50,296	$	(32,626	)	$	17,670
Customer relationships	20,033		(10,594		)	9,439
Patents	2,999		(1,991		)	1,008
Trade name	812		(432		)	380
	$	74,140	$	(45,643	)	$	28,497



	As of February 28, 2017
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Value
Acquired developed technology	$	50,013	$	(30,105	)	$	19,908
Customer relationships	19,736		(9,348		)	10,388
Patents	2,999		(1,781		)	1,218
Trade name	812		(375		)	437
	$	73,560	$	(41,609	)	$	31,951

Certain intangible assets were removed as they were fully amortized as of the periods presented above. In addition to the above, we maintained other intangible assets not subject to amortization of $0.2 million as of August 31, 2017 and February 28, 2017.

Amortization expense, including impairment charges, was $1.8 million and $3.5 million for the three and six months ended August 31, 2017, respectively, and $1.8 million and $3.7 million for the three and six months ended August 31, 2016, respectively.

As of August 31, 2017, amortization expense for intangible assets in future periods was as follows: $3.4 million for the remainder of fiscal 2018, $6.0 million for fiscal 2019, $5.8 million for fiscal 2020, $5.3 million for fiscal 2021, $4.9 million for fiscal 2022 and $3.1 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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