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PURCHASED INTANGIBLE ASSETS (Tables)
12 Months Ended
Jan. 31, 2016
PURCHASED INTANGIBLE ASSETS  
Schedule of Intangible Assets

 

 

 

 

 

2017

 

2016

 

 

 

Estimated
Useful Life

 

Gross
Amount

 

Accumulated
Amortization

 

Net
Amount

 

Net
Amount

 

Trade names -

 

 

 

 

 

 

 

 

 

 

 

GPS

 

15 years

 

$

3,643

 

$

2,464

 

$

1,179

 

$

1,421

 

TRC

 

15 years

 

4,499

 

350

 

4,149

 

4,499

 

SMC

 

indefinite

 

181

 

 

181

 

181

 

Process certifications -

 

 

 

 

 

 

 

 

 

 

 

TRC

 

7 years

 

1,897

 

316

 

1,581

 

1,852

 

Customer relationships -

 

 

 

 

 

 

 

 

 

 

 

TRC

 

10 years

 

916

 

107

 

809

 

901

 

APC

 

4 years

 

430

 

167

 

263

 

371

 

Other intangibles

 

various

 

288

 

269

 

19

 

119

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

 

 

 

$

11,854

 

$

3,673

 

$

8,181

 

$

9,344

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Scheduled of Activity of Acquired Intangible Assets

 

 

 

2017

 

2016

 

Intangible assets, beginning of year

 

$

11,854

 

$

3,824

 

Addition - acquisition of APC

 

 

543

 

Addition - acquisition of TRC

 

 

7,487

 

 

 

 

 

 

 

Total intangible assets, end of year

 

11,854

 

11,854

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated amortization, beginning of year

 

2,510

 

1,979

 

Amortization expense

 

1,163

 

531

 

 

 

 

 

 

 

Accumulated amortization, end of year

 

3,673

 

2,510

 

 

 

 

 

 

 

Intangible assets, net

 

$

8,181

 

$

9,344

 

 

 

 

 

 

 

 

 

 

Schedule of Expected Amortization Expense

 

The future amounts of amortization expense related to intangibles are presented below for the years ending January 31:

 

2018

 

$

1,032

 

2019

 

1,013

 

2020

 

954

 

2021

 

905

 

2022

 

870

 

Thereafter

 

3,226

 

 

 

 

 

Total

 

$

8,000