XML 22 R9.htm IDEA: XBRL DOCUMENT v3.21.2
Goodwill and Intangible Assets
12 Months Ended
Jul. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and intangible assets

Note 2 – Goodwill and intangible assets

 

Goodwill

 

The Company’s net carrying amount of goodwill is in the Clinical Laboratory Services segment and is $7,452 as of July 31, 2021 and 2020.

 

Intangible assets

 

The Company’s change in the net carrying amount of intangible assets, all in the Life Sciences Products segment is as follows:

 

   Gross   Accumulated
Amortization
   Net 
July 31, 2019  $27,238   $(26,206)  $1,032 
Amortization expense   
    (524)   (524)
Foreign currency translation   448    (418)   30 
July 31, 2020  $27,686   $(27,148)  $538 
Amortization expense   
    (296)   (296)
Foreign currency translation   89    (87)   2 
July 31, 2021  $27,775   $(27,531)  $244 

 

Intangible assets, all finite-lived, consist of the following:

 

   July 31, 2021   July 31, 2020 
   Gross   Accumulated
Amortization
   Net   Gross   Accumulated
Amortization
   Net 
Patents  $11,027    (11,027)  $
   $11,027   $(11,014)  $13 
Customer relationships   12,059    (11,815)   244    12,003    (11,478)   525 
Website and acquired content   1,025    (1,025)   
    1,022    (1,022)   
 
Licensed technology and other   494    (494)   
    483    (483)   
 
Trademarks   3,170    (3,170)   
    3,151    (3,151)   
 
Total  $27,775    (27,531)  $244   $27,686   $(27,148)  $538 

At July 31, 2021, information with respect to acquired intangibles is as follows:

 

   

Useful life

assigned

   

Weighted average

remaining useful life

 
Customer relationships     8-15 years       Less than 1 year  

 

At July 31, 2021, the weighted average remaining useful life of intangible assets was less than one year.

 

Estimated amortization expense related to these finite-lived intangible assets for the five succeeding fiscal years ending July 31 is as follows:

 

2022   $ 244  
2023    
 
2024    
 
2025    
 
2026    
 

 

Amortization expense for the years ended July 31, 2021, 2020, and 2019 was $296, $524 and $842, respectively.