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PURCHASED INTANGIBLE ASSETS
3 Months Ended
Apr. 30, 2018
PURCHASED INTANGIBLE ASSETS  
PURCHASED INTANGIBLE ASSETS

 

NOTE 7 — PURCHASED INTANGIBLE ASSETS

 

At both April 30 and January 31, 2018, the goodwill balances related to the acquisitions of GPS, TRC and APC were $18.5 million, $13.8 million and $2.0 million, respectively.

 

Purchased intangible assets, other than goodwill, consisted of the following elements as of April 30 and January 31, 2018.

 

 

 

 

 

April 30, 2018

 

January 31,

 

 

 

Estimated
Useful Life

 

Gross
Amount

 

Accumulated
Amortization

 

Net
Amount

 

2018 (net
amount)

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

15 years-indefinite

 

$

8,323

 

$

3,492

 

$

4,831

 

$

4,966

 

Process certifications

 

7 years

 

1,897

 

655

 

1,242

 

1,310

 

Customer relationships

 

4-10 years

 

1,346

 

523

 

823

 

873

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

 

 

 

$

11,566

 

$

4,670

 

$

6,896

 

$

7,149