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Fair Value Measurement (Tables)
3 Months Ended
Apr. 30, 2013
Fair Value Disclosures [Abstract]  
Financial assets and liabilities measured at fair value on a recurring basis
The following table presents information about financial assets and liabilities measured at fair value on a recurring basis as of April 30, 2013:
 
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Bank certificates of deposit
$
7,833

 
$

 
$
7,833

 
$

Contingent consideration
(4,340
)
 

 

 
(4,340
)
     Total
$
3,493

 
$

 
$
7,833

 
$
(4,340
)

The following table presents information about financial assets and liabilities measured at fair value on a recurring basis as of January 31, 2013:
 
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Contingent consideration
$
(6,016
)
 
$

 
$

 
$
(6,016
)
Significant unobservable inputs
The fair value measurement of our contingent consideration as of April 30, 2013 encompasses the following significant unobservable inputs:
Unobservable Inputs
 
Range
Total estimated contingent consideration
 
$0
-
$5,733
Discount rate
 
14%
-
16%
Timing of cash flows (in years)
 
0
-
5
Summary of level 3 activity
The following table summarizes contingent consideration activity: 
Balance as of January 31, 2013
$
6,016

Payments
(1,131
)
Adjustments
(603
)
Interest accretion
58

Balance as of April 30, 2013
$
4,340

Schedule of notes payable table
The following table summarizes the fair value and carrying value of notes payable:
 
As of
April 30, 2013
 
January 31, 2013
Fair value of notes payable
$
300,438

 
$
293,867

Carrying value of notes payable
$
219,937

 
$
218,546