Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.10.0.1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jul. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill

The following table represents the changes in the carrying amount of goodwill for the six months ended July 31, 2018 (amounts in thousands):

 

Balance as of January 31, 2017:

 

 

 

 

Goodwill, gross

 

$

62,566

 

Accumulated impairment losses

 

 

(39,279

)

Goodwill, net

 

 

23,287

 

Cumulative translation adjustment

 

 

2,292

 

Balance as of January 31, 2018:

 

 

 

 

Goodwill, gross

 

 

64,858

 

Accumulated impairment losses

 

 

(39,279

)

Goodwill, net

 

 

25,579

 

Cumulative translation adjustment

 

 

(970

)

Balance as of July 31, 2018:

 

 

 

 

Goodwill, gross

 

 

63,888

 

Accumulated impairment losses

 

 

(39,279

)

Goodwill, net

 

$

24,609

 

 

Schedule of Intangible Assets

Intangible assets, net, consisted of the following at July 31, 2018 and January 31, 2018:

 

 

 

 

 

 

 

As of July 31, 2018

 

 

As of January 31, 2018

 

 

 

Weighted average

remaining life

(Years)

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

 

 

(Amounts in thousands)

 

Finite-life intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer contracts

 

 

1.8

 

 

$

18,263

 

 

$

(17,679

)

 

$

584

 

 

$

30,818

 

 

$

(29,836

)

 

$

982

 

Non-compete agreements

 

 

 

 

 

2,530

 

 

 

(2,530

)

 

 

 

 

 

2,639

 

 

 

(2,635

)

 

 

4

 

Completed technology

 

 

1.8

 

 

 

9,867

 

 

 

(9,717

)

 

 

150

 

 

 

11,479

 

 

 

(11,203

)

 

 

276

 

Trademarks, patents and other

 

 

6.6

 

 

 

7,022

 

 

 

(6,932

)

 

 

90

 

 

 

7,189

 

 

 

(7,148

)

 

 

41

 

Total finite-life intangible assets

 

 

2.0

 

 

$

37,682

 

 

$

(36,858

)

 

$

824

 

 

$

52,125

 

 

$

(50,822

)

 

$

1,303

 

 

Schedule of Finite-Life Intangible Assets, Future Amortization Expense

As of July 31, 2018, the estimated future amortization expense for our finite-life intangible assets is as follows (amounts in thousands):

 

 

 

Estimated

 

 

 

Amortization

 

Fiscal Year Ended January 31,

 

Expense

 

2019 (for the remaining six months)

 

$

440

 

2020

 

 

326

 

2021

 

 

8

 

2022

 

 

4

 

2023

 

 

4

 

2024 and thereafter

 

 

42

 

Total

 

$

824