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Goodwill and Intangible Assets
3 Months Ended
Apr. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

Note 5. Goodwill and Intangible Assets

There was no goodwill activity for the three months ended April 30, 2018.

 

 

Intangible assets consisted of the following (in thousands):

 

 

 

Weighted

Average Useful

Life (1)

 

Gross Value

 

 

Accumulated

Amortization

 

 

Net Carrying

Value

 

April 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

 

2.5

 

years

 

$

14,273

 

 

$

(14,273

)

 

$

 

Trade name and other

 

 

6.9

 

years

 

 

1,201

 

 

 

(1,191

)

 

 

10

 

Intangibles, net

 

 

 

 

 

 

$

15,474

 

 

$

(15,464

)

 

$

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

 

2.5

 

years

 

$

14,273

 

 

$

(14,273

)

 

$

 

Trade name and other

 

 

6.9

 

years

 

 

1,201

 

 

 

(1,177

)

 

 

24

 

Intangibles, net

 

 

 

 

 

 

$

15,474

 

 

$

(15,450

)

 

$

24

 

 

(1)

From the date of acquisition

Intangible amortization expense was not material for the three months ended April 30, 2018 and was $0.4 million for the three months ended April 30, 2017. Amortization of acquired technology is included in cost of revenue and amortization for trade names is included in general and administrative expenses in the condensed consolidated statements of operations. As of April 30, 2018, expected amortization expense for intangible assets was not material.