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INTANGIBLE ASSETS AND GOODWILL
12 Months Ended
Jan. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
Acquisition-related intangible assets, excluding certain intangible assets previously acquired that were fully amortized and intangible assets of the businesses we divested which were removed from our consolidated balance sheets, consisted of the following as of January 31, 2024 and 2023:

 January 31, 2024
(in thousands)CostAccumulated
Amortization
Net
Intangible assets with finite lives:   
Customer relationships$455,184 $(412,587)$42,597 
Acquired technology231,815 (217,006)14,809 
Trade names3,727 (3,667)60 
Distribution network2,440 (2,440)— 
Total intangible assets$693,166 $(635,700)$57,466 

 January 31, 2023
(in thousands)CostAccumulated
Amortization
Net
Intangible assets with finite lives:   
Customer relationships$458,013 $(390,113)$67,900 
Acquired technology229,317 (212,065)17,252 
Trade names4,479 (4,359)120 
Distribution network2,440 (2,440)— 
Total intangible assets$694,249 $(608,977)$85,272 

Total amortization expense recorded for acquisition-related intangible assets was $32.5 million, $39.4 million, and $46.8 million for the years ended January 31, 2024, 2023, and 2022, respectively. The reported amount of net acquisition-related intangible assets can fluctuate from the impact of changes in foreign currency exchange rates on intangible assets not denominated in U.S. dollars.

Estimated future amortization expense on finite-lived acquisition-related intangible assets is as follows:
(in thousands) 
Years Ending January 31,Amount
2025$17,217 
202616,367 
202712,587 
20287,744 
20292,837 
Thereafter714 
Total$57,466 

There were no material impairments for the years ended January 31, 2024 and 2023. We recorded $0.4 million of impairments for certain acquired trade names, which was included within selling, general and administrative expenses for the year ended January 31, 2022.

Goodwill activity for the years ended January 31, 2024, and 2023 was as follows:
  
(in thousands)Total
Year Ended January 31, 2023:
Goodwill, gross, at January 31, 2022$1,409,464 
Accumulated impairment losses through January 31, 2022(56,043)
   Goodwill, net, at January 31, 20221,353,421 
Business combinations, including adjustments to prior period acquisitions25,239 
Foreign currency translation and other(31,447)
Goodwill, net, at January 31, 2023$1,347,213 
Year Ended January 31, 2024:
Goodwill, gross, at January 31, 2023$1,403,256 
Accumulated impairment losses through January 31, 2023(56,043)
   Goodwill, net, at January 31, 20231,347,213 
Business combinations, including adjustments to prior period acquisitions2,409 
Divested businesses(7,120)
Foreign currency translation10,213 
Goodwill, net, at January 31, 2024$1,352,715 
Balance at January 31, 2024
Goodwill, gross, at January 31, 2024$1,408,758 
Accumulated impairment losses through January 31, 2024(56,043)
Goodwill, net, at January 31, 2024$1,352,715 

For purposes of reviewing for potential goodwill impairment, as of January 31, 2024, we had one reporting unit. Based on our November 1, 2023 and 2022 quantitative goodwill impairment reviews, we concluded that the estimated fair value of our reporting unit significantly exceeded its carrying value.

No changes in circumstances or indicators of potential impairment were identified between November 1 and January 31 in each of the years ended January 31, 2024 and 2023.
 
No goodwill impairment was identified for the years ended January 31, 2024, 2023, and 2022.