SeaChange International, Inc. Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

6 Months Ended

Jul. 31, 2019

The following table represents the changes in goodwill since January 31, 2019:

	Goodwill
	(Amounts in thousands)
Balance as of January 31, 2019	$	8,753
Goodwill arising from the Xstream acquisition		1,221
Cumulative translation adjustment		(191	)
Balance as of July 31, 2019	$	9,783

Intangible assets, net, consisted of the following at July 31, 2019:

	As of July 31, 2019
	Gross		Accumulated Amortization		Cumulative translation Adjustment			Net
	(Amounts in thousands)
Finite-lived intangible assets:
Acquired customer contracts	$	2,233	$	370	$	(8	)	$	1,855
Acquired existing technology		1,352		228		(2	)		1,122
Total finite-lived intangible assets	$	3,585	$	598	$	(10	)	$	2,977

We recognized amortization expense of intangible assets in cost of revenue and operating expense categories as follows:

	For the Three Months Ended July 31,				For the Six Months Ended July 31,
	2019		2018		2019		2018
	(Amounts in thousands)				(Amounts in thousands)
Cost of revenue	$	—	$	178	$	—	$	356
Selling and marketing		185		149		370		294
Research and development		115		84		228		165
	$	300	$	411	$	598	$	815

Future estimated amortization expense of acquired intangibles as of July 31, 2019 is as follows:

For the Fiscal Years Ended January 31,	Estimated Amortization Expense
	(Amounts in thousands)
2020	$	595
2021		1,191
2022		1,191
2023 and thereafter		—
Total	$	2,977