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

3 Months Ended

Apr. 30, 2020

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-month periods ending April 30, 2020 and 2019, respectively.

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

	Applied Technology (excluding Autonomy)		Autonomy		Engineered Films		Aerostar		Total
Balance at January 31, 2020	$	16,943	$	55,700	$	33,232	$	634	$	106,509
Changes due to business combinations	—		55		—		—		55
Foreign currency translation adjustment	(36)		(1,920)		—		—		(1,956)
Balance at April 30, 2020	$	16,907	$	53,835	$	33,232	$	634	$	104,608

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:

	April 30, 2020						January 31, 2020
			Accumulated						Accumulated
	Amount		amortization		Net		Amount		amortization		Net
Existing technology	$	9,174	$	(7,817)	$	1,357	$	9,190	$	(7,706)	$	1,484
Customer relationships	16,059		(7,205)		8,854		16,067		(6,868)		9,199
Patents and other intangibles	6,703		(2,609)		4,094		6,678		(2,444)		4,234
In-process research and development(a)	29,521		—		29,521		31,300		—		31,300
Total	$	61,457	$	(17,631)	$	43,826	$	63,235	$	(17,018)	$	46,217
(a) Refer to Note 6 "Acquisitions and Investments in Businesses and Technologies" for a more detailed description of these indefinite-lived intangible assets acquired in business combinations in fiscal 2020. A portion of these intangible assets are denominated in a foreign currency and subject to exchange rate fluctuations.

There were no long-lived asset impairment losses reported in the three-month periods ending April 30, 2020 and 2019, respectively.