Term Receivable and Trade Accounts Receivable Balances Term Receivables and Trade Accounts Receivable (Tables)

12 Months Ended

Jan. 31, 2017

Term Receivables and Trade Accounts Receivable [Abstract]

Term receivable and trade accounts receivable balances

Trade accounts receivable and term receivable balances were as follows:

As of January 31,	2017		2016
Trade accounts receivable	$	214,651	$	176,021
Term receivables, short-term	$	297,993	$	317,188
Term receivables, long-term	$	303,686	$	268,657

Credit risk assessment for long-term receivables

The credit risk assessment for our long-term receivables was as follows:

As of January 31,	2017		2016
S&P credit rating:
AAA+ through BBB-	$	143,315	$	195,764
BB+ and lower	54,639		22,520
	197,954		218,284
Internal credit assessment	105,732		50,373
Total long-term term receivables	$	303,686	$	268,657

Change in allowance for doubtful accounts

The following shows the change in allowance for doubtful accounts for the fiscal years ended January 31, 2017, 2016, and 2015:

Allowance for doubtful accounts	Beginning balance		Expense adjustment			Other deductions(1)			Ending  balance
Fiscal year ended January 31, 2017	$	3,826	$	(58	)	$	321		$	4,089
Fiscal year ended January 31, 2016	$	4,217	$	(349	)	$	(42	)	$	3,826
Fiscal year ended January 31, 2015	$	5,469	$	(988	)	$	(264	)	$	4,217

⁽¹⁾  Specific account write-offs and foreign exchange.

Sale Of Receivables

We sold the following receivables to financing institutions on a non-recourse basis and recognized the following gain on the sale of those receivables:

Fiscal year ended January 31,	2017			2016			2015
Net proceeds	$	45,658		$	42,661		$	22,572
Trade receivables, short-term	$	26,920		$	16,344		$	12,715
Term receivables, long-term	20,064			27,770			10,461
Total receivables sold	$	46,984		$	44,114		$	23,176
Discount on sold receivables	$	(1,326	)	$	(1,453	)	$	(604	)
Unaccreted interest on sold receivables	1,897			2,723			922
Gain on sale of receivables	$	571		$	1,270		$	318