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Goodwill and Intangible Assets
9 Months Ended
Oct. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill was $440 million as of both October 31, 2024 and January 31, 2024.
The following schedule presents the details of intangible assets as of October 31, 2024 (dollar amounts in thousands):
Gross
carrying
amount
Accumulated
amortization
Net
Remaining
useful life
(in years)
Existing technology$28,580 $(23,812)$4,768 1.3
Customer relationships113,157 (70,339)42,818 4.7
Trade name and trademarks
13,900 (13,900)— 0.0
Other intangibles21,405 (20,464)941 2.0
Total intangible assets$177,042 $(128,515)$48,527 
The following schedule presents the details of intangible assets as of January 31, 2024 (dollar amounts in thousands):
Gross
carrying
amount
Accumulated
amortization
NetRemaining
useful life
(in years)
Existing technology$28,580 $(20,646)$7,934 2.0
Customer relationships113,157 (61,755)51,402 5.3
Trade name and trademarks
13,900 (11,925)1,975 0.8
Other intangibles21,405 (19,699)1,706 2.2
Total intangible assets$177,042 $(114,025)$63,017 
Amortization expense associated with intangible assets was $5 million and $14 million for the three and nine months ended October 31, 2024, respectively, and $5 million and $15 million for the three and nine months ended October 31, 2023, respectively.
As of October 31, 2024, the estimated future amortization expense for intangible assets is as follows (in thousands):
Fiscal YearEstimated
amortization
expense
Remaining for 2025$4,067 
202614,147 
20278,922 
20287,778 
20297,782 
Thereafter5,831 
Total$48,527