Goodwill and Acquired Intangible Assets, Net

3 Months Ended

Apr. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangible Assets, Net

Goodwill and Acquired Intangible Assets, Net

As of April 30, 2020, there have been no changes to the carrying amount of goodwill from the balance presented as of January 31, 2020. The gross carrying amount and accumulated amortization of the Company’s intangible assets are as follows (in thousands):

	April 30, 2020
	Gross Carrying Value		Accumulated Amortization			Net Book Value
Developed technology	$	34,700	$	(12,860	)	$	21,840
Domain name	155		(155		)	—
Customer relationships	15,200		(4,390		)	10,810
Total	$	50,055	$	(17,405	)	$	32,650

	January 31, 2020
	Gross Carrying Value		Accumulated Amortization			Net Book Value
Developed technology	$	34,700	$	(11,495	)	$	23,205
Domain name	155		(151		)	4
Customer relationships	15,200		(3,630		)	11,570
Total	$	50,055	$	(15,276	)	$	34,779

Acquired intangible assets are amortized on a straight-line basis. As of April 30, 2020, the weighted-average remaining useful lives of identifiable, acquisition-related intangible assets was 4.0 years for developed technology and 3.6 years for customer relationships. Amortization expense of intangible assets was $2.1 million for the three months ended April 30, 2020. Amortization expense for developed technology and the domain name was included as research and development expense in the Company’s condensed consolidated statements of operations. Amortization expense for customer relationships was included as sales and marketing expense in the Company’s condensed consolidated statements of operations.

As of April 30, 2020, future amortization expense related to the intangible assets is as follows (in thousands):

Years Ending January 31,
Remainder of 2021	$	6,375
2022	8,500
2023	8,500
2024	7,825
2025	1,450
2026	—
Total	$	32,650