Acquisitions (Tables)

6 Months Ended

Jul. 31, 2024

Schedule of Assets Acquired And Liabilities Assumed

The following table summarizes preliminary allocation of purchase consideration to assets acquired and liabilities assumed based on their respective estimated fair values as of the date of acquisition:


(in thousands)	May 31, 2024
Cash and cash equivalents	$	10,409
Accounts receivable, net	1,741
Goodwill	103,352
Intangible assets, net	50,200
Contract liabilities — current	(5,071)
Deferred tax liability	(5,862)
Accrued expenses and other current liabilities	(749)





Total purchase consideration	$	154,020

Schedule of Identifiable Intangible Assets Estimated Useful Lives

The estimated useful lives of intangible assets, primarily based on the expected period of benefit to us, and fair values of the identifiable intangible assets at Acquisition Date were as follows:


(in thousands, except years)	Estimated Fair Value		Expected Useful Life
Existing technology	$	29,900	5.0 years
Customer relationships—subscription	20,300		7.0 years
Total intangible assets	$	50,200	5.8 years

Schedule of Unaudited Pro Forma Results

The unaudited pro forma results have been prepared based on estimates and assumptions, which we believe are reasonable, however, they are not necessarily indicative of the consolidated results of operations had the acquisition occurred on February 1, 2023, or of future results of operations:




(in thousands) (unaudited)	Three Months Ended July 31,	Six Months Ended July 31,
	2023	2023
Net income/(loss)	4,082	2,117