XML 22 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Intangible Assets, net
9 Months Ended
Oct. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, net
Goodwill and Intangible Assets, net
Goodwill
As of October 31, 2018 and January 31, 2018, goodwill was $18.1 million and $6.3 million, respectively. During the nine months ended October 31, 2018, the Company recorded $11.8 million of goodwill in connection with the ScaleFT acquisition that was completed in July 2018. See Note 3 for further details. No goodwill impairments were recorded during the three and nine months ended October 31, 2018 and 2017.
Intangible Assets, net
Intangible assets consisted of the following (in thousands):  
 
As of October 31, 2018
 
Gross
 
Accumulated Amortization
 
Net
 
 
 
 
 
 
 
(unaudited)
Capitalized internal-use software costs
$
19,202

 
$
(8,684
)
 
$
10,518

Purchased developed technology
5,170

 
(1,019
)
 
4,151

Software licenses
1,023

 
(703
)
 
320

 
$
25,395

 
$
(10,406
)
 
$
14,989

 
 
 
 
 
 
 
As of January 31, 2018
 
Gross
 
Accumulated Amortization
 
Net
Capitalized internal-use software costs
$
16,434

 
$
(5,172
)
 
$
11,262

Software licenses
1,057

 
(558
)
 
499

Purchased developed technology
570

 
(570
)
 

 
$
18,061

 
$
(6,300
)
 
$
11,761

 
 
 
 
 
 


The Company capitalized $0.7 million and $1.7 million of internal-use software costs in the three months ended October 31, 2018 and 2017, respectively, and $2.8 million and $5.0 million of internal-use software costs in the nine months ended October 31, 2018 and 2017, respectively. Included in the total amount capitalized is stock-based compensation expense of $0.1 million and $0.3 million for the three months ended October 31, 2018 and 2017, respectively, and $0.4 million and $0.9 million for the nine months ended October 31, 2018 and 2017, respectively. The Company reversed $0.5 million of previously capitalized internal-use software costs in the three months ended October 31, 2017 as they were not realizable. The resulting charge was recognized in research and development in the condensed consolidated statements of operations.
In addition, during the nine months ended October 31, 2018, the Company recorded $4.6 million of purchased developed technology from the ScaleFT acquisition. See Note 3 for further details.
Intangible amortization expense was $1.8 million and $0.8 million for the three months ended October 31, 2018 and 2017, respectively, and $4.1 million and $2.1 million for the nine months ended October 31, 2018 and 2017, respectively.