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Other Income, Net
9 Months Ended
Oct. 31, 2013
Other Income, Net

5. Other Income, Net

Other income, net consisted of the following for the three and nine months ended October 31, 2013 and 2012:

Three Months Nine Months
Ended October 31, Ended October 31,

(in thousands)

2013 2012 2013 2012

Gain from disposal of property and equipment

$ 470 $ 1,293 $ 4,716 $ 2,734

Interest income

17 28 60 151

Currency exchange (loss) gain

(102 ) (687 ) (768 ) 273

Other

(265 ) 487 (47 ) 946

Total

$ 120 $ 1,121 $ 3,961 $ 4,104

During July 2013, the Company determined its investment in a joint venture was no longer viable. The related investment of $0.6 million was determined to be unrecoverable and was written off. In April 2013, the Company received insurance proceeds totaling $0.5 million as payment for equipment lost in a fire. These proceeds are included in gains from disposal of property and equipment.