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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Jan. 31, 2015
FAIR VALUE MEASUREMENTS [Abstract]  
Summary of financial assets and liabilities, measured at fair value
The following table sets forth the financial assets, measured at fair value, as of January 31, 2015 and January 31, 2014:
 
  
Fair value measurement at reporting date using
 
  
Quoted Prices in Active Markets for Identical Assets
(Level 1)
  
Significant Other Observable Inputs
(Level 2)
  
Significant Unobservable Inputs
(Level 3)
 
  (in thousands) 
Money market mutual funds as of January 31, 2015
 
$
98,294
     
Money market mutual funds as of January  31, 2014
 
$
57,204
     
Liability related to the interest rate swap as of January 31, 2015
     
$
(626
)
  
Asset related to the  interest rate swap as of January 31, 2014
     
$
250
   
Contingent liability associated with acquisitions as of January 31, 2015
         
$
(750
)
Contingent liability associated with   acquisitions as of January 31, 2014
         
$
(1,178
)
Fair values of the derivative instrument
The fair values of the derivative instrument at January 31, 2015 and January 31, 2014 were as follows (in thousands):
 
 
(Liability) / Asset Derivative
 
 
  
Fair Value
 
Balance Sheet
Location
January 31,
2015
 
January 31,
2014
 
Derivative instrument:
 
 
 
Interest rate swap
Other (liabilities) assets
 
$
(626
)
 
$
250
 
Total
 
 
$
(626
)
 
$
250