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GOODWILL AND INTANGIBLE ASSETS (Tables)
 3 Months Ended
Apr. 30, 2013
GOODWILL AND INTANGIBLE ASSETS [Abstract]  
Changes in carrying amount of goodwill
The changes in the carrying amount of goodwill for the three months ended April 30, 2013, were as follows:

Gross Carrying
 
Accumulated
 
 
 
Amount
 
Impairment
 
Goodwill, Net
 
(in thousands)
 
Balance at January 31, 2013
$
27,020
 
$
(15,608
)
$
11,412
 
Impact of foreign currency translation
 
(40
)
 
−
 
 
(40
)
Balance at April 30, 2013
$
26,980
 
$
(15,608
)
$
11,372
 
Intangible assets
Intangible Assets

 
 
April 30,
 
 
January 31,
 
 
 
2013
 
 
2013
 
 
 
(in thousands)
 
Amortizable intangible assets
 
 
 
 
 
 
Customer relationships (1)...........................................................................................................................................................................................................................................
 
$
2,996
 
 
$
3,049
 
Trade name.....................................................................................................................................................................................................................................................................
 
 
532
 
 
 
532
 
 
 
 
3,528
 
 
 
3,581
 
Less: accumulated amortization......................................................................................................................................................................................................................................
 
 
(449
)
 
 
(279
)
Net amortizable intangible assets................................................................................................................................................................................................................................
 
$
3,079
 
 
$
3,302
 
______________________
(1)
Customer relationships include the impact of foreign currency translation.
Estimated amortization expense
Amortization of intangible assets was $176,000 and zero for the first quarters of fiscal 2014 and 2013 respectively. The following table summarizes the estimated amortization expense relating to the Company's intangible assets as of April 30, 2013:

Fiscal Years
 
(in thousands)
 
2014 remaining..............................................................................................................................................................................................................................................................................................................
 
$
529
 
2015................................................................................................................................................................................................................................................................................................................................
 
 
706
 
2016................................................................................................................................................................................................................................................................................................................................
 
 
706
 
2017................................................................................................................................................................................................................................................................................................................................
 
 
706
 
2018................................................................................................................................................................................................................................................................................................................................
 
 
432
 
 
 
$
3,079