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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jul. 31, 2013
GOODWILL AND INTANGIBLE ASSETS [Abstract]  
Changes in carrying amount of goodwill
The changes in the carrying amount of goodwill for the six months ended July 31, 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
  
(110
)
  
   
(110
)
Balance at July 31, 2013
 
$
26,910
  
$
(15,608
)
 
$
11,302
 
Intangible assets
Intangible Assets
   
 July 31,January 31,
 
 
2013
  
2013
 
 
 
(in thousands)
 
Amortizable intangible assets
 
  
 
Customer relationships (1)
 
$
3,014
  
$
3,049
 
Trade name
  
532
   
532
 
 
  
3,546
   
3,581
 
Less: accumulated amortization
  
(629
)
  
(279
)
Net amortizable intangible assets
 
$
2,917
  
$
3,302
 

___________________________________

(1)Customer relationships include the impact of foreign currency translation.
Estimated amortization expense
Amortization of intangible assets was $177,000 and $353,000 for the three and six months ended July 31, 2013, respectively. Amortization of intangible assets was $57,000 for both the three and six months ended July 31, 2012. The following table summarizes the estimated amortization expense relating to the Company's intangible assets as of July 31, 2013:

Fiscal Years
 
(in thousands)
 
2014 remaining
 $
355
 
2015
  
709
 
2016
  
709
 
2017
  
709
 
2018
  
435
 
Total
 
$
2,917