Intangible Assets, Goodwill and Other

9 Months Ended

Oct. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

INTANGIBLE ASSETSIndefinite-Lived Intangible Assets    The Company's indefinite-lived intangible assets consist of distribution rights assets. The following is a summary of the changes in indefinite-lived intangible assets, by segment, for the nine months ended October 31, 2021:

	Agriculture		Construction		International		Total
	(in thousands)
January 31, 2021	$	6,265	$	72	$	1,161	$	7,498
Foreign currency translation	—		—		(22)		(22)
Impairment	—		—		(1,139)		(1,139)
October 31, 2021	$	6,265	$	72	$	—	$	6,337

    The Company performs impairment testing, at least annually, of its indefinite-lived distribution rights intangible assets. There were no indicators of impairment in the three months ended October 31, 2021. The Company did not recognize any impairment charges for the three months ended October 31, 2021 and recognized $1.1 million in impairment charges for the nine months ended October 31, 2021, as it fully impaired the remaining indefinite-lived intangible assets of the German reporting unit in the second quarter.