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Intangible Assets (Tables) - SOFTWARE LUXEMBOURG HOLDING S.A. (SUCCESSOR) AND POINTWELL LIMITED (PREDECESSOR) | 3 Months Ended | 5 Months Ended
--- | --- | ---
Apr. 30, 2021 | Jan. 31, 2021
Schedule of intangible assets | Intangible assets consisted of the following (in thousands):
|  | April 30, 2021 |  |  |  | January 31, 2021 |
|  | Gross |  |  |  |  | Net |  | Gross |  |  |  |  | Net
|  | Carrying |  | Accumulated |  | Carrying |  | Carrying |  | Accumulated |  | Carrying
|  | Amount |  | Amortization |  | Amount |  | Amount |  | Amortization |  | Amount
Developed software/ courseware |  | $ | 267,014 |  | $ | 39,459 |  | $ | 227,555 |  | $ | 265,758 |  | $ | 24,669 |  | $ | 241,089
Customer contracts/ relationships |  |  | 279,500 |  |  | 9,114 |  |  | 270,386 |  |  | 279,500 |  |  | 3,627 |  |  | 275,873
Trademarks and trade names |  |  | 6,300 |  |  | 676 |  |  | 5,624 |  |  | 6,300 |  |  | 455 |  |  | 5,845
Publishing rights |  |  | 35,200 |  |  | 4,693 |  |  | 30,507 |  |  | 35,200 |  |  | 2,933 |  |  | 32,267
Backlog |  |  | 90,200 |  |  | 20,842 |  |  | 69,358 |  |  | 90,200 |  |  | 8,141 |  |  | 82,059
Skillsoft trademark |  |  | 91,500 |  |  | — |  |  | 91,500 |  |  | 91,500 |  |  | — |  |  | 91,500
Total |  | $ | 769,714 |  | $ | 74,784 |  | $ | 694,930 |  | $ | 768,458 |  | $ | 39,825 |  | $ | 728,633
| Intangible assets consisted of the following (in thousands):
|  | Successor |  |  | Predecessor
|  | January 31, 2021 |  |  | January 31, 2020
|  | Gross |  |  |  |  | Net |  |  | Gross |  |  |  |  | Net
|  | Carrying |  | Accumulated |  | Carrying |  |  | Carrying |  | Accumulated |  | Carrying
|  | Amount |  | Amortization |  | Amount |  |  | Amount |  | Amortization |  | Amount
Developed software/ courseware |  | $ | 265,758 |  | $ | 24,669 |  | $ | 241,089 |  |  | $ | 157,168 |  | $ | 129,663 |  | $ | 27,505
Customer contracts/ relationships |  |  | 279,500 |  |  | 3,627 |  |  | 275,873 |  |  |  | 670,800 |  |  | 466,972 |  |  | 203,828
Trademarks and trade names |  |  | 6,300 |  |  | 455 |  |  | 5,845 |  |  |  | 45,300 |  |  | 27,648 |  |  | 17,652
Publishing rights |  |  | 35,200 |  |  | 2,933 |  |  | 32,267 |  |  |  | — |  |  | — |  |  | —
Backlog |  |  | 90,200 |  |  | 8,141 |  |  | 82,059 |  |  |  | — |  |  | — |  |  | —
Skillsoft trademark |  |  | 91,500 |  |  | — |  |  | 91,500 |  |  |  | 186,000 |  |  | — |  |  | 186,000
Total |  | $ | 768,458 |  | $ | 39,825 |  | $ | 728,633 |  |  | $ | 1,059,268 |  | $ | 624,283 |  | $ | 434,985
Schedule of amortization expense related to the existing finite-lived intangible assets | Amortization expense related to the existing finite-lived intangible assets is expected to be as follows (in thousands):
Fiscal Year |  | Amortization Expense
2022 (Remaining 9 months) |  | $ | 104,693
2023 |  |  | 120,579
2024 |  |  | 106,172
2025 |  |  | 94,070
2026 |  |  | 64,496
Thereafter |  |  | 113,420
Total |  | $ | 603,430
| Amortization expense related to the existing finite-lived intangible assets is expected to be as follows (in thousands):
|  | Amortization
Fiscal Year |  | Expense
2022 |  | $ | 139,408
2023 |  |  | 120,339
2024 |  |  | 105,910
2025 |  |  | 93,842
2026 |  |  | 64,269
Thereafter |  |  | 113,365
Total |  | $ | 637,133
Schedule of goodwill |
Description |  | Skillsoft |  | SumTotal |  | Consolidated
Goodwill, net January 31, 2021 (Predecessor) |  | $ | 491,654 |  | $ | 3,350 |  | $ | 495,004
Foreign currency translation adjustment |  |  | (62) |  |  | — |  |  | (62)
Goodwill, net April 30, 2021 (Predecessor) |  | $ | 491,592 |  | $ | 3,350 |  | $ | 494,942
Description |  | Skillsoft |  | SumTotal |  | Consolidated
Goodwill, January 31, 2018 |  | $ | — |  | $ | — |  | $ | 1,693,906
Re-allocation of goodwill upon change in reporting units |  |  | 1,433,662 |  |  | 260,244 |  |  | —
Foreign currency translation adjustment |  |  | 385 |  |  | 22 |  |  | 407
Goodwill, January 31, 2019 |  |  | 1,434,047 |  |  | 260,266 |  |  | 1,694,313
Foreign currency translation adjustment |  |  | 113 |  |  | (6) |  |  | 107
Impairment of goodwill |  |  | (321,340) |  |  | (119,258) |  |  | (440,598)
Goodwill, net January 31, 2020 (Predecessor) |  |  | 1,112,820 |  |  | 141,002 |  |  | 1,253,822
Foreign currency translation adjustment |  |  | (158) |  |  | (4) |  |  | (162)
Impairment of goodwill |  |  | (107,934) |  |  | (69,952) |  |  | (177,886)
Canada deconsolidation |  |  | (5,100) |  |  |  |  |  | (5,100)
Goodwill, net August 27, 2020 (Predecessor) |  | $ | 999,628 |  | $ | 71,046 |  | $ | 1,070,674
Impact of Fresh-Start Reporting |  |  | (507,843) |  |  | (67,696) |  |  | (575,539)
Goodwill, net August 28, 2020 (Successor) |  | $ | 491,785 |  | $ | 3,350 |  | $ | 495,135
Foreign currency translation adjustment |  |  | (131) |  |  |  |  |  | (131)
Goodwill, net January 31, 2021 (Successor) |  | $ | 491,654 |  | $ | 3,350 |  | $ | 495,004

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- Definition Tabular disclosure of amortizable finite-lived intangible assets, in total and by major class, including the gross carrying amount and accumulated amortization, and indefinite-lived intangible assets not subject to amortization, excluding goodwill, in total and by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. + References No definition available. + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
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