Goodwill and Other Intangible Assets

12 Months Ended

Jan. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Goodwill

The following table represents the changes in goodwill (in thousands):

Balance at January 31, 2020	$	442,112
Additions from acquisitions	1,030,924
Foreign currency translation adjustments	6,784
Adjustments	1,027
Balance at January 31, 2021	1,480,847
Additions from acquisitions	33,817
Foreign currency translation adjustments	(343)
Other adjustments	229
Balance at January 31, 2022	$	1,514,550

Other Intangible Assets

The following table summarizes the other intangible asset balances (in thousands):

	As of January 31,
	2022							2021
	Weighted Average Remaining Useful Lives (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	5.1	$	484,510	$	(150,910)	$	333,600	$	474,120	$	(69,560)	$	404,560
Customer relationships	3.7	256,082		(79,019)		177,063		254,437		(27,727)		226,710
Trademarks	0.0	2,419		(2,419)		—		2,419		(1,516)		903
Total other intangible assets		$	743,011	$	(232,348)	$	510,663	$	730,976	$	(98,803)	$	632,173

Amortization expense related to other intangible assets was approximately $133.5 million, $62.9 million and $24.0 million for the years ended January 31, 2022, 2021 and 2020, respectively.

As of January 31, 2022, the future amortization expense of other intangible assets is as follows (in thousands):

Year Ending January 31,
2023	$	128,111
2024	121,994
2025	102,849
2026	78,559
2027	45,157
Thereafter	33,993
Total	$	510,663

The Company, which has one reporting unit, performed an annual test for goodwill impairment and determined that goodwill was not impaired. In addition, there have been no significant events or circumstances affecting the valuation of goodwill subsequent to the Company’s annual assessment. Furthermore, no events or changes in circumstances have occurred to suggest that the carrying amounts for any of the Company’s long-lived assets or identifiable intangible assets may be non-recoverable. As such, the Company was not required to reevaluate the recoverability of its long-lived assets.