Property and equipment

9 Months Ended

Oct. 31, 2014

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following as of October 31, 2014 and January 31, 2014:



(in thousands)	October 31, 2014			January 31, 2014
Leasehold improvements	$	482		$	329
Furniture and fixtures	1,317			1,094
Computer equipment	4,176			3,075
Property and equipment, gross	5,975			4,498
Accumulated depreciation	(3,287		)	(2,506		)
Property and equipment, net	$	2,688		$	1,992

Depreciation expense for the three and nine months ended October 31, 2014 was $290,000 and $776,000, respectively, and $215,000 and $562,000 for the three and nine months ended October 31, 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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