Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets

Goodwill and Intangible Assets
3 Months Ended
Apr. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets


Goodwill and Intangible Assets

Goodwill represents the difference between the purchase price and the estimated fair value of identifiable assets acquired and liabilities assumed. The Company performs impairment tests related to its goodwill on an annual basis or when certain triggering events or circumstances are identified that would more likely than not reduce the estimated fair value of the goodwill below its carrying amount.

The Company performed a goodwill impairment test as of August 1, 2021 using a quantitative approach. The Company considered macroeconomics, industry-specific and Company-specific factors, and estimates and assumptions in its analysis. The Company estimated the fair value of its reporting unit using the income and market approaches and determined there was no impairment as the fair value exceeded the carrying value.

The following table represents the changes in goodwill since January 31, 2022:








(Amounts in



Balance as of January 31, 2022





Translation adjustment





Balance as of April 30, 2022






The Company recognized amortization expense of finite-lived intangible assets in the following operating expense categories:




For the Three Months Ended April 30,











(Amounts in thousands)


Selling and marketing








Research and development

















The Company’s finite-lived intangible assets were fully amortized as of January 31, 2022.