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PURCHASED INTANGIBLE ASSETS
6 Months Ended
Jul. 31, 2018
PURCHASED INTANGIBLE ASSETS  
PURCHASED INTANGIBLE ASSETS

 

NOTE 7 — PURCHASED INTANGIBLE ASSETS

 

At both July 31, 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 July 31, and January 31, 2018:

 

 

 

 

 

 

July 31, 2018

 

January 31,

 

 

 

Estimated
Useful Life

 

Gross
Amount

 

Accumulated
Amortization

 

Net
Amount

 

2018 (net
amount)

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

15 years-indefinite

 

$

8,323

 

$

3,628

 

$

4,695

 

$

4,966

 

Process certifications

 

7 years

 

1,897

 

723

 

1,174

 

1,310

 

Customer relationships

 

4-10 years

 

1,346

 

572

 

774

 

873

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

 

 

 

$

11,566

 

$

4,923

 

$

6,643

 

$

7,149