XML 42 R25.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jul. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the changes in carrying amounts of goodwill (in thousands):
Balance as of January 31, 2024
$213,750 
Foreign exchange fluctuations
Balance as of July 31, 2024
$213,757 
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The following table presents the details of intangible assets:
July 31, 2024
Cost (1)
Accumulated Amortization (1)
Net (1)
Useful Life
(amounts in thousands, useful lives in years)
Customer relationships$90,759 $(25,840)$64,919 10
Developed technology18,358 (8,787)9,571 6
$109,117 $(34,627)$74,490 
_______________
(1) Values are translated into U.S. Dollars at period-end foreign exchange rates.
January 31, 2024
Cost (1)
Accumulated Amortization (1)
Net (1)
Useful Life
(amounts in thousands, useful lives in years)
Customer relationships$90,755 $(21,301)$69,454 10
Developed technology18,358 (7,257)11,101 6
$109,113 $(28,558)$80,555 
_______________
(1) Values are translated into U.S. Dollars at period-end foreign exchange rates.
Schedule of Finite-Lived Intangible Assets Amortization Expense
The following table presents the amortization expense related to intangible assets:
Three Months Ended
July 31,
Six Months Ended
July 31,
2024202320242023
(in thousands)
Amortization expense$3,028 $3,039 $6,051 $6,077