XML 25 R10.htm IDEA: XBRL DOCUMENT
v3.25.1

Note 3 - Intangible Assets | 3 Months Ended
--- | ---
Apr. 30, 2025
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | (3) Intangible Assets Intangible assets consisted of the following (in thousands):
|  | April 30, 2025 |  |  | January 31, 2025 |
|  | Weighted Average Remaining Life |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Weighted Average Remaining Life |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Developed software/courseware |  |  | 1.9 |  |  | $ | 369,728 |  |  | $ | 257,749 |  |  | $ | 111,979 |  |  |  | 2.0 |  |  | $ | 365,108 |  |  | $ | 238,941 |  |  | $ | 126,167 |
Customer contracts/relationships |  |  | 8.4 |  |  |  | 269,334 |  |  |  | 106,998 |  |  |  | 162,336 |  |  |  | 8.6 |  |  |  | 267,286 |  |  |  | 96,777 |  |  |  | 170,509 |
Trademarks and trade names |  |  | 11.3 |  |  |  | 52,927 |  |  |  | 11,405 |  |  |  | 41,522 |  |  |  | 11.5 |  |  |  | 52,378 |  |  |  | 10,161 |  |  |  | 42,217 |
Publishing rights |  |  | 1.1 |  |  |  | 41,100 |  |  |  | 31,944 |  |  |  | 9,156 |  |  |  | 1.4 |  |  |  | 41,100 |  |  |  | 29,889 |  |  |  | 11,211 |
Backlog |  |  | 0.7 |  |  |  | 49,700 |  |  |  | 49,271 |  |  |  | 429 |  |  |  | 0.9 |  |  |  | 49,700 |  |  |  | 49,128 |  |  |  | 572 |
Skillsoft trademark |  |  | Indefinite |  |  |  | 76,545 |  |  |  | — |  |  |  | 76,545 |  |  |  | Indefinite |  |  |  | 76,545 |  |  |  | — |  |  |  | 76,545 |
Total intangible assets |  |  |  |  |  | $ | 859,334 |  |  | $ | 457,367 |  |  | $ | 401,967 |  |  |  |  |  |  | $ | 852,117 |  |  | $ | 424,896 |  |  | $ | 427,221 |
Amortization expense related to the existing finite-lived intangible assets is expected to be as follows (in thousands) for the fiscal years ended January 31:
|  | Amortization Expense |
2026 (nine months remaining) |  | $ | 95,088 |
2027 |  |  | 81,342 |
2028 |  |  | 40,517 |
2029 |  |  | 29,410 |
2030 |  |  | 22,845 |
Thereafter |  |  | 56,220 |
Total future amortization |  | $ | 325,422 |
Amortization expense related to intangible assets in the aggregate was $31.6 million for both the three months ended April 30, 2025 and April 30, 2024. Refer to Note 5 “Intangible Assets” to the 2025 AFS for information regarding impairment review requirements and assumption uncertainty. This process was completed for the three months ended April 30, 2025 and we concluded that there were no indicators of impairment for our intangible assets or reporting units. A roll forward of goodwill is as follows (in thousands):
|  | TDS |  |  | GK |  |  | Consolidated |
Goodwill January 31, 2025 |  | $ | 287,650 |  |  | $ | 29,421 |  |  | $ | 317,071 |
Increase (decrease) |  |  | — |  |  |  | — |  |  |  | — |
Goodwill April 30, 2025 |  | $ | 287,650 |  |  | $ | 29,421 |  |  | $ | 317,071 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration