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Intangible Assets
3 Months Ended
Apr. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

(6) Intangible Assets

Intangible assets are as follows:

 

     April 30, 2016      January 31, 2016  
(In thousands)    Gross
Carrying
Amount
     Accumulated
Amortization
    Net
Carrying
Amount
     Gross
Carrying
Amount
     Accumulated
Amortization
    Net
Carrying
Amount
 

Miltope:

               

Customer Contract Relationships

   $ 3,100       $ (846   $ 2,254       $ 3,100       $ (758   $ 2,342   

RITEC:

               

Customer Contract Relationships

     2,830         (75     2,755         2,830         (31     2,799   

Non-Competition Agreement

     950         (158     792         950         (111     839   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Intangible Assets, net

   $ 6,880       $ (1,079   $ 5,801       $ 6,880       $ (900   $ 5,980   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

There were no impairments to intangible assets during the periods ended April 30, 2016 and May 2, 2015. Amortization expense of $179,000 and $89,000 in regards to the above acquired intangibles has been included in the condensed consolidated statements of income for the periods ended April 30, 2016 and May 2, 2015, respectively.