Other intangible assets with definite lives (Notes)

9 Months Ended

Oct. 31, 2013

Other intangible assets with definite lives [Abstract]

Schedule of Indefinite-Lived Intangible Assets [Table Text Block]

Other intangible assets with definite lives. The Company owns several patents, including those covering features of its piping and electronic leak detection systems. The patents are not material either individually, or in the aggregate, because the Company believes sales would not be materially reduced if patent protection were not available. Patents are capitalized and amortized on a straight-line basis over a period not to exceed the legal lives of the patents. The Company expenses costs incurred to renew or extend the term of intangible assets. Gross patents were $2.58 million and $2.55 million as of October 31, 2013 and January 31, 2013, respectively. Accumulated amortization was approximately $2.22 million and $2.18 million as of October 31, 2013 and January 31, 2013, respectively. Future amortizations over the next five years ending January 31 will be $12,400 in 2014, $47,300 in 2015, $44,100 in 2016, $40,300 in 2017, $37,200 in 2018, and $179,400 thereafter.