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Note 3 - Intangible Assets | 6 Months Ended
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Jul. 31, 2025
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | (3) Intangible Assets Intangible assets consisted of the following (in thousands, except for remaining life):
|  | July 31, 2025 |  |  | January 31, 2025 |
|  | Weighted Average Remaining Life (in years) |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Weighted Average Remaining Life (in years) |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Developed software/courseware |  |  | 1.8 |  |  | $ | 373,884 |  |  | $ | 276,326 |  |  | $ | 97,558 |  |  |  | 2.0 |  |  | $ | 365,108 |  |  | $ | 238,941 |  |  | $ | 126,167 |
Customer contracts/relationships |  |  | 8.2 |  |  |  | 269,283 |  |  |  | 116,528 |  |  |  | 152,755 |  |  |  | 8.6 |  |  |  | 267,286 |  |  |  | 96,777 |  |  |  | 170,509 |
Trademarks and trade names |  |  | 11.1 |  |  |  | 52,914 |  |  |  | 12,505 |  |  |  | 40,409 |  |  |  | 11.5 |  |  |  | 52,378 |  |  |  | 10,161 |  |  |  | 42,217 |
Publishing rights |  |  | 0.9 |  |  |  | 41,100 |  |  |  | 33,999 |  |  |  | 7,101 |  |  |  | 1.4 |  |  |  | 41,100 |  |  |  | 29,889 |  |  |  | 11,211 |
Backlog |  |  | 0.4 |  |  |  | 49,700 |  |  |  | 49,414 |  |  |  | 286 |  |  |  | 0.9 |  |  |  | 49,700 |  |  |  | 49,128 |  |  |  | 572 |
Skillsoft trademark |  |  | Indefinite |  |  |  | 76,545 |  |  |  | — |  |  |  | 76,545 |  |  |  | Indefinite |  |  |  | 76,545 |  |  |  | — |  |  |  | 76,545 |
Total intangible assets |  |  |  |  |  | $ | 863,426 |  |  | $ | 488,772 |  |  | $ | 374,654 |  |  |  |  |  |  | $ | 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 (six months remaining) |  | $ | 63,823 |
2027 |  |  | 82,474 |
2028 |  |  | 41,725 |
2029 |  |  | 30,225 |
2030 |  |  | 23,415 |
Thereafter |  |  | 56,447 |
Total future amortization |  | $ | 298,109 |
Amortization expense related to intangible assets in the aggregate was $31.4 million, $63.1 million, $31.8 million and $63.4 million for the three and six months ended July 31, 2025 and the three and six months ended July 31, 2024, respectively. 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 six months ended July 31, 2025 and we concluded that there were no indicators of impairment for our intangible assets or reporting units. Our goodwill as of the dates indicated is as follows (in thousands):
|  | TDS |  |  | GK |  |  | Consolidated |
Goodwill January 31, 2025 |  | $ | 287,650 |  |  | $ | 29,421 |  |  | $ | 317,071 |
Increase (decrease) |  |  | — |  |  |  | — |  |  |  | — |
Goodwill July 31, 2025 |  | $ | 287,650 |  |  | $ | 29,421 |  |  | $ | 317,071 |

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