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Fair Value Measurement (Tables)
9 Months Ended
Oct. 31, 2014
Fair Value Disclosures [Abstract]  
Financial assets and liabilities measured at fair value on a recurring basis
The following table presents information about financial assets and liabilities measured at fair value on a recurring basis as of October 31, 2014:
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Contingent consideration
$
(4,495
)
 
$

 
$

 
$
(4,495
)

The following table presents information about financial assets and liabilities measured at fair value on a recurring basis as of January 31, 2014:
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Bank certificates of deposit
$
3,990

 
$

 
$
3,990

 
$

Contingent consideration
(4,571
)
 

 

 
(4,571
)
     Total
$
(581
)
 
$

 
$
3,990

 
$
(4,571
)
Significant unobservable inputs
The fair value measurement of our contingent consideration as of October 31, 2014 encompasses the following significant unobservable inputs:
Unobservable Inputs
 
Range
Total estimated contingent consideration
 
$0
-
$5,020
Discount rate
 
9.5%
-
16.0%
Timing of cash flows (in years)
 
0
-
4

Summary of level 3 activity
The following table summarizes contingent consideration activity: 
Balance as of January 31, 2014
$
4,571

New contingent consideration
1,450

Payments
(1,514
)
Adjustments
(113
)
Interest accretion
101

Balance as of October 31, 2014
$
4,495


Schedule of notes payable
The following table summarizes the fair value and carrying value of notes payable:
As of
October 31, 2014
 
January 31, 2014
Fair value of notes payable
$
298,411

 
$
306,535

Carrying value of notes payable
$
228,824

 
$
224,261