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Fair Value Measurement (Tables)
3 Months Ended
Apr. 30, 2015
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 April 30, 2015:
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Contingent consideration
$
(3,068
)
 
$

 
$

 
$
(3,068
)

The following table presents information about financial assets and liabilities measured at fair value on a recurring basis as of January 31, 2015:
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Contingent consideration
$
(4,563
)
 
$

 
$

 
$
(4,563
)
Significant unobservable inputs
The fair value measurement of our contingent consideration as of April 30, 2015 encompasses the following significant unobservable inputs:
Unobservable Inputs
 
Range
Total estimated contingent consideration
 
$871
-
$4,794
Discount rate
 
9.5%
-
16.0%
Timing of cash flows (in years)
 
1
-
3

Summary of level 3 activity
The following table summarizes contingent consideration activity: 
Balance as of January 31, 2015
$
4,563

Payments
(1,525
)
Adjustments
(6
)
Interest accretion
36

Balance as of April 30, 2015
$
3,068


Schedule of notes payable
The following table summarizes the fair value and carrying value of notes payable:
As of
April 30, 2015
 
January 31, 2015
Fair value of notes payable
$
320,103

 
$
310,173

Carrying value of notes payable
$
235,604

 
$
230,400