Acquisitions (Tables)

3 Months Ended

Apr. 30, 2016

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed at Acquisition Date

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date (in thousands):

	Useful Lives of Intangible Assets	Fair Value
Purchase price
Cash		$	119,935

Allocation of purchase price
Cash		$	3,107
Accounts receivable			4,600
Other current and non-current assets			5,140
Deferred tax liabilities, net			(12,316	)
Other current and non-current liabilities			(8,730	)
Net liabilities		$	(8,199	)

Customer contracts and relationships	10 years	$	31,823
Software	4.5 years		10,063
Brand	3.5 years		1,141
Purchased intangible assets		$	43,027

Goodwill		$	85,107

Total purchase price		$	119,935

Schedule of Unaudited Pro Forma Information

The unaudited pro forma results do not reflect any cost saving synergies from operating efficiencies or the effect of the incremental costs incurred in integrating the two companies. Accordingly, these unaudited pro forma results are presented for informational purpose only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisition had occurred at the beginning of the period presented, nor are they indicative of future results of operations (in thousands):

	Three Months Ended April 30, 2015
	(Unaudited)
Pro forma revenues	$	96,531
Pro forma net income	$	9,916
Pro forma net income per share attributable to Class A and Class B common stockholders:
Basic	$	0.08
Diluted	$	0.07

Qforma CrowdLink [Member]

Business Acquisition [Line Items]

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed at Acquisition Date

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date (in thousands):

	Useful Lives of Intangible Assets	Fair Value
Purchase price
Cash		$	9,750

Allocation of purchase price
Cash		$	56
Accounts receivable			1,085
Deferred tax assets, net			143
Other current and non-current assets			50
Other current and non-current liabilities			(731	)
Net assets		$	603

Database	5 years	$	1,800
Customer relationships	4 years		800
Software	5 years		500
Existing technology	5 years		200
Purchased intangible assets		$	3,300

Goodwill		$	5,847

Total purchase price		$	9,750