Acquisitions, Goodwill and Intangible Assets (Tables)

9 Months Ended

Oct. 31, 2020

Goodwill

Schedule of expected future amortization for capitalized computer software costs developed for internal use

The expected future amortization expense for acquired intangible assets as of October 31, 2020 is as follows:

Fiscal Period (In thousands)	Expected Amortization Expense
Remaining fiscal 2021	$	13,018
Fiscal 2022	46,873
Fiscal 2023	42,831
Fiscal 2024	37,886
Fiscal 2025	31,182
Thereafter	27,420
Total amortization expense	$	199,210

Business Acquisition, Pro Forma Information

The unaudited pro forma results do not reflect any cost saving synergies from operating efficiencies or the effect of the incremental costs incurred from integrating these companies. Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisitions had occurred at the beginning of the period presented, nor are they indicative of future results of operations:

(In thousands)	Three Months Ended October 31, 2019		Nine Months Ended October 31, 2019
Revenues	$	631,348	$	1,584,999
Net loss	$	(83,162)	$	(413,940)

Schedule of Goodwill

Goodwill balances are presented below:

(In thousands)	Carrying Amount
Balance as of January 31, 2020	$	1,292,840
Goodwill acquired	8,233
Balance as of October 31, 2020	$	1,301,073

Schedule of finite-lived intangible assets

Intangible assets subject to amortization as of October 31, 2020 are as follows:

(In thousands, except useful life)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted-Average Remaining Useful Life (in months)
Developed technology	$	256,449	$	(117,212)	$	139,237	62
Customer relationships	81,810		(24,403)		57,407		44
Other acquired intangible assets	7,270		(4,704)		2,566		23
Total intangible assets subject to amortization	$	345,529	$	(146,319)	$	199,210

Intangible assets subject to amortization as of January 31, 2020 are as follows:

(In thousands, except useful life)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted-Average Remaining Useful Life (in months)
Developed technology	$	252,530	$	(87,112)	$	165,418	68
Customer relationships	81,810		(12,403)		69,407		53
Other acquired intangible assets	7,270		(3,680)		3,590		32
Total intangible assets subject to amortization	$	341,610	$	(103,195)	$	238,415

SignalFx

Goodwill

Finite-lived and indefinite-lived intangible assets acquired as part of business combination

The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition:

(In thousands, except useful life)	Fair Value		Useful Life (in months)
Developed technology	$	108,800	84
Customer relationships	60,900		60
Other acquired intangible assets	4,000		36
Total intangible assets acquired	$	173,700

We applied significant judgment in determining the fair value of the intangible assets acquired, which involved the use of significant estimates and assumptions with respect to revenue growth rates, royalty rate and technology migration curve.

Omnition

Goodwill

Finite-lived and indefinite-lived intangible assets acquired as part of business combination

The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition:

(In thousands, except useful life)	Fair Value		Useful Life (in months)
Developed technology	$	8,000	60
Total intangible assets acquired	$	8,000

Streamlio

Goodwill

Finite-lived and indefinite-lived intangible assets acquired as part of business combination

The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition:

(In thousands, except useful life)	Fair Value		Useful Life (in months)
Developed technology	$	3,600	36
Total intangible assets acquired	$	3,600