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Goodwill
12 Months Ended
Jan. 31, 2022
Notes to Financial Statements  
Goodwill

Note 10 – Goodwill

Goodwill is recorded when the consideration paid for an acquisition of a business exceeds the fair value of identifiable net tangible and intangible assets acquired. The following table summarizes the changes in goodwill since January 31, 2020:

    

January 31, 

    

January 31, 

2022

2021

Balance at beginning of period

 

565,177

 

523,690

Acquisition of Peoplevox

 

 

15,182

Acquisition of Kontainers

 

 

3,461

Acquisition of ShipTrack

 

 

10,327

Acquisition of QuestaWeb

 

21,691

 

Acquisition of Portrix

 

15,032

 

Acquisition of GreenMile

 

12,968

 

Adjustments on account of foreign exchange

 

(6,107)

 

12,517

Balance at end of period

 

608,761

 

565,177