Property and Equipment Net

9 Months Ended

Oct. 31, 2012

Property and Equipment [Abstract]

Property and Equipment, Net

Note 4. Property and Equipment, Net

Property and equipment consisted of the following (in thousands):


		October 31, 2012				January 31, 2012
Computers, equipment and software		$	19,642			$	15,738
Computers, equipment and software acquired under capital leases			38,926				20,856
Furniture and fixtures			4,248				3,574
Leasehold improvements			6,600				4,560

			69,416				44,728
Less accumulated depreciation and amortization			(29,656	)			(18,867	)

Property and equipment, net		$	39,760			$	25,861

Depreciation expense totaled $4.1 million and $2.4 million for the three months ended October 31, 2012 and 2011, respectively, and $10.8 million and $6.1 million for the nine months ended October 31, 2012 and 2011, respectively.

These amounts include depreciation of assets recorded under capital leases of $2.8 million and $1.2 million for the three months ended October 31, 2012 and 2011, respectively, and $6.8 million and $2.7 million for the nine months ended October 31, 2012 and 2011, respectively.

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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