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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Jan. 31, 2025
GOODWILL AND INTANGIBLE ASSETS  
Schedule of changes in goodwill

 

 

USA Operations

 

 

Europe

 

 

Other Foreign

 

 

Total

 

Balance at January 31, 2023

 

$871

 

 

$7,602

 

 

$-

 

 

$8,473

 

Measurement period adjustment

 

 

-

 

 

 

1,447

 

 

 

-

 

 

 

1,447

 

Acquisitions

 

 

-

 

 

 

-

 

 

 

3,749

 

 

 

3,749

 

Impairment

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Currency translation

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Balance at January 31, 2024

 

$871

 

 

$9,049

 

 

$3,749

 

 

$13,669

 

Measurement period adjustment

 

 

-

 

 

 

-

 

 

 

(691)

 

 

(691)

Acquisitions

 

 

4,956

 

 

 

8,969

 

 

 

-

 

 

 

13,925

 

Impairment

 

 

-

 

 

 

(7,512)

 

 

(3,026)

 

 

(10,538)

Currency translation

 

 

-

 

 

 

(93)

 

 

(32)

 

 

(125)

Balance at January 31, 2025

 

$5,827

 

 

$10,413

 

 

$-

 

 

$16,240

 

Schedule of changes in intangible assets

 

 

2025

 

 

2024

 

Balance at beginning of year

 

$6,830

 

 

$6,042

 

Acquisitions

 

 

19,319

 

 

 

1,211

 

Measurement period adjustments

 

 

1,093

 

 

 

-

 

Amortization

 

 

(997)

 

 

(423)

Currency translation

 

 

(742)

 

 

-

 

Balance at end of year

 

$25,503

 

 

$6,830

 

 

 

 

 

 

January 31, 2025

 

 

 

 

 

January 31, 2024

 

 

 

 

Intangible Assets (in $000s)

 

Weighted Average Life in Years

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

Customer relationships

 

 

20

 

 

$20,543

 

 

$(1,655)

 

$18,888

 

 

$3,558

 

 

$(267)

 

$3,291

 

Trade names and trademarks

 

 

15

 

 

 

5,079

 

 

 

(568)

 

 

4,511

 

 

 

1,773

 

 

 

(109)

 

 

1,664

 

Technological know-how

 

 

15

 

 

 

2,447

 

 

 

(343)

 

 

2,104

 

 

 

1,989

 

 

 

(114)

 

 

1,875

 

Total

 

 

 

 

 

$28,069

 

 

$(2,566)

 

$25,503

 

 

$7,320

 

 

$(490)

 

$6,830