v3.20.1
Intangible assets and goodwill (Tables)
 12 Months Ended
Jan. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets The useful life used for computing amortization for all intangible asset classes is described below:
Software and software development costs3 years
Acquired customer relationships
10-15 years
Acquired developed technology
2-5 years
Acquired trade names and trademarks3 years
Acquired HSA portfolios15 years
During the years ended January 31, 2020 and 2019, the Company capitalized the following amounts to acquire the rights to act as a custodian of HSA portfolios:
(in thousands)January 31, 2020January 31, 2019
Acquired HSA portfolios$7,659  $1,195  
The gross carrying amount and associated accumulated amortization of intangible assets is as follows as of January 31, 2020 and January 31, 2019:
(in thousands)January 31, 2020January 31, 2019
Amortizable intangible assets:
Software and software development costs$76,221  $44,835  
Acquired HSA portfolios92,770  85,110  
Acquired customer relationships601,381  2,882  
Acquired developed technology96,925  —  
Acquired trade names12,300  —  
Amortizable intangible assets, gross879,597  132,827  
Accumulated amortization(98,851) (53,161) 
Total amortizable intangible assets, net780,746  79,666  
Acquired in process software development costs2,533  —  
Total intangible assets, net$783,279  $79,666  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Estimated amortization expense for the years ending January 31 is as follows:
Year ending January 31, (in thousands)
2021$90,868  
202283,476  
202371,804  
202462,622  
202555,810  
Thereafter416,166  
Total$780,746