Goodwill And Intangible Assets

12 Months Ended

Jan. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 4 — GOODWILL AND INTANGIBLE ASSETS

The changes in the carrying amount of goodwill, by geographic segment, for the fiscal year ended January 31, 2017, are as follows (in thousands):



	Americas		Europe			Total
Balance as of February 1, 2016	$	19,559	$	184,555		$	204,114
Goodwill acquired during the year	—		2,671			2,671
Foreign currency translation adjustment	—		(7,764		)	(7,764		)
Balance as of January 31, 2017	$	19,559	$	179,462		$	199,021

In conjunction with the Company’s annual impairment testing, the Company’s goodwill was tested for impairment as of November 1, 2016. The results of the testing indicated that the fair value of the Company’s reporting units was greater than the carrying value. As a result, no goodwill impairment was recorded during the fiscal year ended January 31, 2017.

The Company's intangible assets consist of the following (in thousands):



	January 31, 2017						January 31, 2016
	Gross carrying amount		Accumulated amortization		Net book value		Gross carrying amount		Accumulated amortization		Net book value
Capitalized software and development costs	$	320,113	$	269,872	$	50,241	$	308,926	$	256,145	$	52,781
Customer and vendor relationships	175,872		107,267		68,605		184,894		95,865		89,029
Other intangible assets	40,555		28,725		11,830		42,678		25,102		17,576
Total	$	536,540	$	405,864	$	130,676	$	536,498	$	377,112	$	159,386

The Company capitalized intangible assets of $14.6 million, $29.2 million and $10.4 million for the fiscal years ended January 31, 2017, 2016 and 2015, respectively. For fiscal 2017, these capitalized assets related primarily to software and software development expenditures to be used in the Company's operations. For fiscal 2016, these capitalized assets included acquired identifiable intangible assets (see also Note 5 - Acquisitions) and software and software development expenditures to be used in the Company's operations. For 2015, these capitalized assets related primarily to software and software development expenditures to be used in the Company's operations.

Amortization expense for the fiscal years ended January 31, 2017, 2016 and 2015, totaled $38.2 million, $41.0 million and $49.5 million, respectively. Estimated amortization expense of existing capitalized software and development costs and other intangible assets (which includes customer and vendor relationships and other intangible assets) is as follows (in thousands):



Fiscal year:	Capitalized software and development costs		Other intangible assets		Total
2018	$	16,254	$	19,091	$	35,345
2019	11,998		15,951		27,949
2020	7,427		11,586		19,013
2021	5,577		11,272		16,849
2022	3,706		10,674		14,380

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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