XML 76 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisition of AdvantageMS (Tables)
9 Months Ended
Oct. 31, 2013
Business Combinations [Abstract]  
Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed at Acquisition Date

The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed at the acquisition date. The primary areas of those preliminary estimates that are not yet finalized relate to income and non-income based taxes (in thousands):

 

Purchase price

  

Cash

   $ 12,363   
  

 

 

 

Allocation of purchase price

  

Cash

   $ 408   

Accounts receivable

     1,636   

Intangible assets

     7,380   

Deferred tax asset

     1,593   

Other current and non-current assets

     218   

Deferred tax liability

     (3,367

Other current and non-current liabilities

     (214

Goodwill

     4,709   
  

 

 

 

Total purchase price

   $ 12,363   
  

 

 

 
Component of Identifiable Intangible Assets Acquired

Each component of identifiable intangible assets acquired in connection with the above acquisition as of October 31, 2013 were as follows (dollar amounts in thousands):

 

     October 31, 2013  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net      Remaining
Useful Life
(in years)
 

Data update technology

   $ 3,680      $ 268      $ 3,412        4.6   

Database

     2,570        234        2,336        3.6   

Customer relationships

     1,020        62        958        5.6   

Software

     110        13        97        2.6   
  

 

 

    

 

 

    

 

 

    
   $ 7,380      $ 577      $ 6,803