GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Apr. 30, 2015

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, 2015 were as follows:

	Gross Carrying Amount			Accumulated Impairment			Goodwill, Net
	(in thousands)
Balance at January 31, 2015	$	26,519		$	(15,608	)	$	10,911
Impact of foreign currency translation		(54	)		—			(54	)
Balance at April 30, 2015	$	26,465		$	(15,608	)	$	10,857

Intangible assets

Intangible Assets

	April 30, 2015			January 31, 2015
	(in thousands)
Amortizable intangible assets
Customer relationships (1)	$	2,771		$	2,793
Trade name		515			515
		3,286			3,308
Less: accumulated amortization		(1,712	)		(1,558	)
Net amortizable intangible assets	$	1,574		$	1,750

(1) Customer relationships include the impact of foreign currency translation.

Estimated amortization expense

The following table summarizes the estimated amortization expense relating to the Company’s intangible assets as of April 30, 2015:

Fiscal Years	(in thousands)
2016 remaining	$	495
2017		661
2018		418
	$	1,574