XML 33 R17.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note 9 - Intangible Assets
12 Months Ended
Jan. 31, 2016
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

Note 9 - Intangible Assets


    January 31,
2016
    January 31,
2015
 
Cost                
Customer agreements and relationships     107,743       97,344  
Existing technology     117,586       93,911  
Trade names     4,515       4,349  
Non-compete covenants     2,559       2,407  
      232,403       198,011  
Accumulated amortization                
Customer agreements and relationships     45,853       37,956  
Existing technology     48,295       40,326  
Trade names     3,128       3,130  
Non-compete covenants     1,565       1,473  
      98,841       82,885  
Net     133,562       115,126  

Intangible assets related to our acquisitions are recorded at their fair value at the acquisition date. The change in intangible assets during 2016 is primarily due to the acquisition of BearWare, MK Data, and Oz described in Note 3 to these consolidated financial statements. The balance of the change in intangible assets is due to foreign currency translation and amortization.


Intangible assets with a finite life are amortized into income over their useful lives. Amortization expense for existing intangible assets is expected to be $133.6 million over the following periods: $26.1 million for 2017, $21.3 million for 2018, $19.3 million for 2019, $18.6 million for 2020, $15.2 million for 2021 and $33.1 million thereafter. Expected future amortization expense is subject to fluctuations in foreign exchange rates and assumes no future adjustments to acquired intangible assets.