v3.19.1
Intangible assets and goodwill
3 Months Ended
Apr. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets and goodwill
Intangible assets and goodwill
During the three months ended April 30, 2019 and 2018, the Company capitalized software development costs of $3.7 million and $2.1 million, respectively, related to significant enhancements and upgrades to its proprietary system.
The gross carrying amount and associated accumulated amortization of intangible assets were as follows as of April 30, 2019 and January 31, 2019:
(in thousands)

April 30, 2019


January 31, 2019

Amortized intangible assets:

 
 
 
Capitalized software development costs

$
44,328

 
$
40,583

Software

6,162

 
4,252

Other intangible assets

2,882

 
2,882

Acquired intangible member assets

85,110

 
85,110

Intangible assets, gross

138,482

 
132,827

Accumulated amortization

(57,045
)
 
(53,161
)
Intangible assets, net

$
81,437

 
$
79,666


During the three months ended April 30, 2019 and 2018, the Company expensed a total of $3.9 million and $3.2 million, respectively, in software development costs primarily related to the post-implementation and operation stages of its proprietary software.
Amortization expense for the three months ended April 30, 2019 and 2018 was $3.9 million and $3.7 million, respectively.
There were no changes to the goodwill carrying value during the three months ended April 30, 2019 and 2018.