Goodwill, Long-lived Assets and Other Intangibles Goodwill, Long-lived Assets and Other Intangibles (Notes)

9 Months Ended

Oct. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill Impairment Loss and Other Charges

GOODWILL, LONG-LIVED ASSETS, AND OTHER CHARGES

Goodwill

Management assesses goodwill for impairment annually during the fourth quarter and between annual tests whenever a triggering event indicates there may be an impairment. Impairment tests of goodwill are done at the reporting unit level. There were no goodwill impairment losses reported in the three- and nine-month periods ending October 31, 2019 and 2018, respectively.

The changes in the carrying amount of goodwill by reporting unit were as follows:

	Applied Technology		Engineered Films		Aerostar		Total
Balance at January 31, 2019	$	17,076	$	33,232	$	634	$	50,942
Changes due to business combinations	(33)		—		—		(33)
Foreign currency translation adjustment	(75)		—		—		(75)
Balance at October 31, 2019	$	16,968	$	33,232	$	634	$	50,834

Long-lived Assets and Other Intangibles

The Company assesses the recoverability of long-lived assets, including definite-lived intangibles and property, plant, and equipment, if events or changes in circumstances indicate that an asset might be impaired. For long-lived and intangible assets, management performs impairment reviews by asset group. Management periodically assesses for triggering events and discusses any significant changes in the utilization of long-lived assets. For purposes of recognition and measurement of an impairment loss, a long-lived asset is grouped with other assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities.

When performing long-lived asset testing, the fair values of assets are determined based on valuation techniques using the best available information. Such valuations are derived from valuation techniques in which one or more significant inputs are not observable (Level 3 fair value measures). An impairment loss is recognized when the carrying amount is not recoverable and exceeds the fair value of the asset.

The following table provides the gross carrying amount and related accumulated amortization of definite-lived intangible assets:

	October 31, 2019						January 31, 2019
			Accumulated						Accumulated
	Amount		amortization		Net		Amount		amortization		Net
Existing technology	$	9,174	$	(7,591)	$	1,583	$	9,203	$	(7,216)	$	1,987
Customer relationships	16,073		(6,529)		9,544		15,791		(5,508)		10,283
Patents and other intangibles	6,102		(2,296)		3,806		5,908		(1,885)		4,023
Total	$	31,349	$	(16,416)	$	14,933	$	30,902	$	(14,609)	$	16,293

There were no long-lived asset impairment losses reported in the three- and nine-month period ending October 31, 2019 and 2018, respectively.