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Acquisition (Tables)
12 Months Ended
Jan. 31, 2015
Unaudited Pro Forma Information

This information has been prepared for informational purposes only and does not purport to represent the results of operations that would have happened had the acquisition occurred as of the date indicated, nor of future results of operations.

 

     Year Ended
January 31
 
(In thousands)    2014  

Net Revenue

   $ 75,362   
Miltope's Ruggedized Printer Product Line Operation [Member]  
Purchase Price of Acquisition Allocated on Basis of Estimated Fair Value

The purchase price of the acquisition has been allocated on the basis of the estimated fair value as follows:

 

(In thousands)       

Accounts Receivable

   $ 713   

Inventories

     2,503   

Identifiable Intangible Assets

     3,400   

Goodwill

     196   

Warranty Reserve

     (80
  

 

 

 

Total Purchase Price

   $ 6,732   
  

 

 

 
Fair Value of the Acquired Identifiable Intangible Assets and Related Estimated Useful Lives

The following table reflects the fair value of the acquired identifiable intangible assets and related estimated useful lives:

 

(In thousands)    Fair
Value
     Useful Life
(Years)
 

Customer Contract Relationships

   $ 3,100         10   

Backlog

     300         1   
  

 

 

    

Total

   $ 3,400      
  

 

 

    
Summary of Estimated Amortization Expense for Next Five Years

Estimated amortization expense for the next five years is as follows:

 

(In thousands)    2016      2017      2018      2019      2020  

Estimated amortization expenses

   $ 357       $ 349       $ 331       $ 278       $ 278