XML 66 R34.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fair Value Measurements (Tables)
12 Months Ended
Jan. 31, 2016
Fair Value Disclosures [Abstract]  
Financial Assets Measured At Fair Value On A Recurring Basis
Financial assets measured and recorded at fair value on a recurring basis consisted of the following types of instruments:
 
Fair Value as of January 31, 2016
 
Fair Value as of January 25, 2015
(in thousands)
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Cash equivalents
$
16,866

 
$
16,866

 
$

 
$

 
$
23,271

 
$
23,271

 
$

 
$

Total available-for-sale securities
16,866

 
16,866

 

 

 
23,271

 
23,271

 

 

Interest rate cap

 

 

 

 
33

 

 
33

 

Total financial assets
$
16,866

 
$
16,866

 
$

 
$

 
$
23,304

 
$
23,271

 
$
33

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     Triune Earn-Out
$

 
$

 
$

 
$

 
$

 
$

 
$

 
$

     Cycleo Earn-Out
1,457

 

 

 
1,457

 
1,619

 

 

 
1,619

Total financial liabilities
$
1,457

 
$

 
$

 
$
1,457

 
$
1,619

 
$

 
$

 
$
1,619

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
A reconciliation of the change in the earn-out liability during the twelve months ended January 31, 2016 is as follows:

(in thousands)
Cycleo
 
Triune
 
Total
Balance at January 25, 2015
$
1,619

 
$

 
$
1,619

Additions to earn-out obligations

 
16,200

 
16,200

Changes in fair value of contingent earn-out obligations
(162
)
 
(16,200
)
 
(16,362
)
Balance as of January 31, 2016
$
1,457

 
$

 
$
1,457

Financial Assets Measured At Fair Value On A Recurring Basis By Balance Sheet Grouping
Financial assets measured and recorded at fair value on a recurring basis were presented on the Company’s consolidated balance sheets as follows:
 
Fair Value as of January 31, 2016
 
Fair Value as of January 25, 2015
(in thousands)
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Financial assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     Cash equivalents
$
16,866

 
$
16,866

 
$

 
$

 
$
23,271

 
$
23,271

 
$

 
$

     Other assets

 

 

 

 
33

 

 
33

 

Total financial assets
$
16,866

 
$
16,866

 
$

 
$

 
$
23,304

 
$
23,271

 
$
33

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     Cycleo Earn-Out
$
1,457

 
$

 
$

 
$
1,457

 
$
1,619

 
$

 
$

 
$
1,619

Total financial liabilities
$
1,457

 
$

 
$

 
$
1,457

 
$
1,619

 
$

 
$

 
$
1,619