Property and Equipment, net

9 Months Ended

Oct. 31, 2013

Property Plant And Equipment [Abstract]

4. Property and Equipment, net

Property and equipment, net consists of the following as of October 31, 2013 and January 31, 2013:


	October 31, 2013			January 31, 2013
Computer software and equipment	$	16,740		$	15,718
Office equipment and furniture		377			371
Leasehold improvements		2,636			2,732

Total property and equipment		19,753			18,821
Less: accumulated depreciation		(13,829	)		(12,645	)

Property and equipment, net	$	5,924		$	6,176

For the three and nine months ended October 31, 2013, depreciation expense was $434 and $1,298, respectively. For the three and nine months ended October 31, 2012, depreciation expense was $391 and $1,029, respectively. Included in computer software and equipment and office equipment and furniture is equipment held pursuant to capital leases with costs of $14,497 and $14,450 and accumulated amortization of $10,624 and $9,752 as of October 31, 2013 and January 31, 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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