Rendering

Component: (Network and Table)
Network
2305301 - Disclosure - Balance Sheet Components (Tables)
(http://www.guidewire.com/role/BalanceSheetComponentsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Balance Sheet Related Disclosures [Abstract]Period [Axis]
2015-08-01 - 2016-07-31
Balance Sheet Related Disclosures [Abstract]
 
Property and equipment
Property and Equipment, net
Property and equipment, net consists of the following:
 
July 31, 2016
 
July 31, 2015
 
(in thousands)
Computer hardware
$
19,257

 
$
15,099

Software
5,066

 
4,867

Furniture and fixtures
3,492

 
3,065

Leasehold improvements
8,434

 
8,040

      Total property and equipment
36,249

 
31,071

Less accumulated depreciation
(23,294
)
 
(18,911
)
      Property and equipment, net
$
12,955

 
$
12,160

 
 
Goodwill and Intangible Assets
Goodwill and Intangible Assets
The following table presents changes in the carrying amount of goodwill acquired:
 
(in thousands)
Goodwill, July 31, 2014
$
9,205

Changes in carrying value

Goodwill, July 31, 2015
$
9,205

Addition - EagleEye acquisition
20,875

Goodwill, July 31, 2016
$
30,080

Intangible assets consist of the following:
 
July 31, 2016
 
July 31, 2015
 
(in thousands)
 
Cost
 
Accumulated Amortization
 
Net Book Value
 
Cost
 
Accumulated Amortization
 
Net Book Value
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Acquired technology
$
13,900

 
$
5,199

 
8,701

 
$
7,200

 
3,201

 
$
3,999

Customer contracts and related relationships
$
4,500

 
$
167

 
4,333

 

 

 

Partner relationships
$
200

 
$
8

 
192

 

 

 

Order backlog
$
1,100

 
$
122

 
978

 

 

 

Total
$
19,700

 
$
5,496

 
$
14,204

 
$
7,200

 
$
3,201

 
$
3,999

 
 
Future Amortization Expense
Estimated aggregate amortization expense for each of the next five fiscal years is as follows:
 
 
Future Amortization
 
 
(in thousands)
2017
 
$
4,004

2018
 
3,682

2019
 
2,442

2020
 
1,639

2021
 
522

Thereafter
 
1,915

Total
 
$
14,204

 
 
Accrued Employee Compensation
Accrued Employee Compensation
Accrued employee compensation consists of the following:
 
July 31, 2016
 
July 31, 2015
 
(in thousands)
 Accrued bonuses
$
24,872

 
$
19,819

 Accrued commission
2,571

 
5,008

 Accrued vacation
9,067

 
7,980

Accrued salaries, payroll taxes and benefits
4,757

 
4,428

     Total
$
41,267

 
$
37,235

 
 
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss by component were as follows:
 
Foreign Currency Items
 
Unrealized gain (loss) on available-for-sale securities
 
Total
 
(In thousands)
Balance as of July 31, 2014
$
(1,310
)
 
$
(57
)
 
$
(1,367
)
Other comprehensive income (loss) before reclassification adjustments:
(4,937
)
 
(121
)
 
(5,058
)
Amounts reclassified from accumulated other comprehensive income (loss) to earnings

 
44

 
44

Tax effect

 
38

 
38

Balance as of July 31, 2015
(6,247
)
 
(96
)
 
(6,343
)
Other comprehensive income (loss) before reclassification adjustments:
(562
)
 
475

 
(87
)
Amounts reclassified from accumulated other comprehensive income (loss) to earnings

 
24

 
24

Tax effect

 
(187
)
 
(187
)
Balance as of July 31, 2016
$
(6,809
)
 
$
216

 
$
(6,593
)