Goodwill and Other Intangible Assets

12 Months Ended

Jan. 31, 2017

Goodwill And Intangible Assets Disclosure [Abstract]

Note 4. Goodwill and Other Intangible Assets

Goodwill

The following table represents the changes in goodwill (in thousands):

Balance at January 31, 2015	$	174
Additions from acquisitions		1,431
Balance at January 31, 2016		1,605
Additions from acquisitions		4,701
Balance at January 31, 2017	$	6,306

Other Intangible Assets

The following table summarizes the other intangible asset balances (in thousands):

	As of January 31,
	2017							2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Developed technology	$	7,210	$	(1,393	)	$	5,817	$	1,779	$	(478	)	$	1,301
Customer relationships		74		(43	)		31		74		(6	)		68
Total other intangible assets	$	7,284	$	(1,436	)	$	5,848	$	1,853	$	(484	)	$	1,369

Amortization expense related to other intangible assets was approximately $952,000, $387,000 and $53,000 for the years ended January 31, 2017, 2016 and 2015, respectively.

As of January 31, 2017, the future amortization expense of other intangible assets is as follows (in thousands):

Year Ending January 31,
2018	$	1,600
2019		1,086
2020		1,086
2021		1,086
2022		990
Total	$	5,848

The Company, which has one reporting unit, performed an annual test for goodwill impairment during the fourth quarter of the years ended January 31, 2017 and 2016 and determined that goodwill was not impaired. In addition, there have been no significant events or circumstances affecting the valuation of goodwill subsequent to the Company’s annual assessment. Furthermore, no events or changes in circumstances have occurred to suggest that the carrying amounts for any of the Company’s long-lived assets or identifiable intangible assets may be non-recoverable. As such, the Company was not required to reevaluate the recoverability of its long-lived assets.

- 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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