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Intangible Assets
12 Months Ended
Jan. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 6. Intangible Assets

The following schedule presents the details of intangible assets as of January 31, 2015 (in thousands):

 

 

January 31, 2015

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

Useful Life

 

 

Amount

 

 

Amortization

 

 

Net

 

 

(in years)

 

Data update technology

$

3,680

 

 

$

(1,188

)

 

$

2,492

 

 

 

3.4

 

Database

 

2,570

 

 

 

(1,037

)

 

 

1,533

 

 

 

2.3

 

Customer relationships

 

1,020

 

 

 

(274

)

 

 

746

 

 

 

4.3

 

Software

 

304

 

 

 

(171

)

 

 

133

 

 

 

1.3

 

 

$

7,574

 

 

$

(2,670

)

 

$

4,904

 

 

 

 

 

The following schedule presents the details of intangible assets as of January 31, 2014 (in thousands):

 

 

January 31, 2014

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

Useful Life

 

 

Amount

 

 

Amortization

 

 

Net

 

 

(in years)

 

Data update technology

$

3,680

 

 

$

(452

)

 

$

3,228

 

 

 

4.4

 

Database

 

2,570

 

 

 

(394

)

 

 

2,176

 

 

 

3.4

 

Customer relationships

 

1,020

 

 

 

(104

)

 

 

916

 

 

 

5.4

 

Software

 

304

 

 

 

(73

)

 

 

231

 

 

 

2.3

 

 

$

7,574

 

 

$

(1,023

)

 

$

6,551

 

 

 

 

 

Amortization expense associated with acquired intangible assets for the fiscal year ended January 31, 2015 and 2014 was $1.7 million and $1.0 million, respectively. As of January 31, 2013, we did not have any acquired intangible assets.

The estimated amortization expense for intangible assets for the next five years and thereafter is as follows (in thousands):

 

 

Estimated

 

 

Amortization

 

Period

Expense

 

Fiscal 2016

$

1,651

 

Fiscal 2017

 

1,580

 

Fiscal 2018

 

1,154

 

Fiscal 2019

 

454

 

Fiscal 2020

 

65

 

Total

$

4,904