Goodwill and Intangible Assets

9 Months Ended

Oct. 31, 2015

Goodwill And Intangible Assets Disclosure [Abstract]

Note 7. Goodwill and Intangible Assets

Goodwill activity is reflected in the following table (in thousands):

Balance as of January 31, 2015	$	11,242
Goodwill acquired—Verold		2,644
Goodwill acquired—Other		415
Balance as of October 31, 2015	$	14,301

Intangible assets consisted of the following (in thousands):

	Weighted Average Useful Life (1)			Gross Value		Accumulated Amortization			Net Carrying Value
October 31, 2015
Developed technology		2.5	years	$	14,273	$	(9,279	)	$	4,994
Trade name and other		6.9	years		1,201		(830	)		371
Intangibles, net				$	15,474	$	(10,109	)	$	5,365

January 31, 2015
Developed technology		2.7	years	$	11,124	$	(5,268	)	$	5,856
Trade name and other		6.9	years		1,201		(714	)		487
Intangibles, net				$	12,325	$	(5,982	)	$	6,343

(1)	From the date of acquisition

Intangible amortization expense was $1.5 million and $1.0 million for the three months ended October 31, 2015 and 2014, respectively, and $4.1 million and $2.5 million for the nine months ended October 31, 2015 and 2014, respectively. Amortization of acquired technology is included in cost of revenue and amortization for trade names is included in general and administrative expenses in the consolidated statements of operations. As of October 31, 2015, expected amortization expense for intangible assets was as follows (in thousands):

Years ending January 31:
Remainder of 2016	$	1,470
2017		3,352
2018		519
2019		23
2020		1
	$	5,365

- 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.

+ References + Details