Intangible Assets and Goodwill

12 Months Ended

Jan. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

Intangible Assets and Goodwill

The following schedule presents the details of intangible assets as of January 31, 2020 (dollar amounts in thousands):

	January 31, 2020
	Gross carrying amount		Accumulated amortization			Net		Remaining useful life (in years)
Existing technology	$	26,380	$	(4,808	)	$	21,572	5.8
Customer relationships	111,443		(17,575		)	93,868		9.0
Trade name/Trademarks	13,900		(720		)	13,180		4.7
Other intangibles	22,947		(16,966		)	5,981		5.0
	$	174,670	$	(40,069	)	$	134,601

The following schedule presents the details of intangible assets as of January 31, 2019 (dollar amounts in thousands):

	January 31, 2019
	Gross carrying amount		Accumulated amortization			Net		Remaining useful life (in years)
Existing technology	$	3,880	$	(3,834	)	$	46	1.2
Customer relationships	33,643		(12,350		)	21,293		6.6
Other intangibles	16,947		(13,765		)	3,182		1.2
	$	54,470	$	(29,949	)	$	24,521

Amortization expense associated with intangible assets for the fiscal years ended January 31, 2020, 2019, and 2018 was $10.1 million, $7.0 million, and $7.8 million, respectively.

The estimated amortization expense for intangible assets for the next five years and thereafter is as follows as of January 31, 2020 (in thousands):

	Estimated amortization expense
Period
Fiscal 2021	$	19,595
Fiscal 2022	18,397
Fiscal 2023	18,342
Fiscal 2024	18,160
Fiscal 2025	17,417
Thereafter	42,690
Total	$	134,601

The following schedule presents the details of goodwill as of January 31, 2020 (in thousands):

	Goodwill
Balance as of January 31, 2019	$	95,804
Goodwill from Crossix acquisition	314,642
Goodwill from Physicians World acquisition	28,083
Balance as of January 31, 2020	$	438,529