Goodwill, Long-lived Assets and Other Intangibles Goodwill, Long-lived Assets and Other Intangibles (Notes)

6 Months Ended

Jul. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill Impairment Loss and Other Charges

GOODWILL, LONG-LIVED ASSETS, AND OTHER CHARGES

Goodwill

Management assesses goodwill for impairment annually during the fourth quarter and between annual tests whenever a triggering event indicates there may be an impairment. Impairment tests of goodwill are done at the reporting unit level. There were no goodwill impairment losses reported in the three- and six-month periods ending July 31, 2019 and 2018, respectively.

The changes in the carrying amount of goodwill by reporting unit were as follows:

	Applied Technology			Engineered Films		Aerostar		Total
Balance at January 31, 2019	$	17,076		$	33,232	$	634	$	50,942
Changes due to business combinations	(33		)	—		—		(33		)
Foreign currency translation adjustment	(82		)	—		—		(82		)
Balance at July 31, 2019	$	16,961		$	33,232	$	634	$	50,827

Long-lived Assets and Other Intangibles

The Company assesses the recoverability of long-lived assets, including definite-lived intangibles and property plant and equipment, if events or changes in circumstances indicate that an asset might be impaired. For long-lived and intangible assets, management performs impairment reviews by asset group. Management periodically assesses for triggering events and discusses any significant changes in the utilization of long-lived assets. For purposes of recognition and measurement of an impairment loss, a long-lived

asset is grouped with other assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities.

When performing long-lived asset testing, the fair values of assets are determined based on valuation techniques using the best available information. Such valuations are derived from valuation techniques in which one or more significant inputs are not observable (Level 3 fair value measures). An impairment loss is recognized when the carrying amount is not recoverable and exceeds the fair value of the asset.

Fiscal 2020 and 2019

The following table provides the gross carrying amount and related accumulated amortization of definite-lived intangible assets:

	July 31, 2019							January 31, 2019
			Accumulated							Accumulated
	Amount		amortization			Net		Amount		amortization			Net
Existing technology	$	9,172	$	(7,463	)	$	1,709	$	9,203	$	(7,216	)	$	1,987
Customer relationships	16,072		(6,188		)	9,884		15,791		(5,508		)	10,283
Patents and other intangibles	5,942		(2,162		)	3,780		5,908		(1,885		)	4,023
Total	$	31,186	$	(15,813	)	$	15,373	$	30,902	$	(14,609	)	$	16,293

There were no long-lived asset impairment losses reported in the three- and six-month period ending July 31, 2019 and 2018, respectively.