3. Other Income, Net
Other income, net consisted of the following for the three months ended April 30, 2016 and 2015:
Three Months
Ended April 30,
(in thousands)
2016
2015
Gain from disposal of property and equipment
$
145
758
Interest income
48
272
Currency exchange losses
(84
)
(158
Other
41
169
Total
150
1,041