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Goodwill and Intangible Assets (Tables)
12 Months Ended
Jan. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the changes in carrying amounts of goodwill:
(in thousands)
Balance as of January 31, 2022$218,484 
Foreign exchange fluctuations(4,768)
Balance as of January 31, 2023$213,716 
Foreign exchange fluctuations
34 
Balance as of January 31, 2024
$213,750 
There was no impairment recognized for the years ended January 31, 2024, 2023, and 2022.
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The following table presents the details of intangible assets:
January 31, 2024
Cost (1)
Accumulated Amortization (1)
Net (1)
Useful Life
(amounts in thousands, useful lives in years)
Customer relationships$90,755 $(21,301)$69,454 10
Developed technology18,358 (7,257)11,101 6
$109,113 $(28,558)$80,555 
_______________
(1) Values are translated into U.S. Dollars at period-end foreign exchange rates.
January 31, 2023
Cost (1)
Accumulated Amortization (1)
Net (1)
Useful Life
(amounts in thousands, useful lives in years)
Customer relationships$90,738 $(12,223)$78,515 10
Developed technology18,355 (4,197)14,158 6
$109,093 $(16,420)$92,673 
_______________
(1) Values are translated into U.S. Dollars at period-end foreign exchange rates.
Schedule of Finite-Lived Intangible Assets Amortization Expense
The following table presents the amortization expense related to intangible assets:
Year ended January 31,
202420232022
(in thousands)
Amortization Expense$12,140 $11,646 $4,617 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table presents the estimated aggregate amortization expense related to intangible assets:
Years Ending January 31,(in thousands)
2025$12,134 
202612,134 
202712,134 
202810,996 
20299,075 
Thereafter24,082 
Total amortization expense$80,555