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Intangible Assets and Goodwill (Tables)
 12 Months Ended
Jan. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Fair Value of Acquired Identifiable Intangible Assets and Related Estimated Useful Lives

Intangible assets are as follows:

 

 

January 31, 2025

 

 

January 31, 2024

 

(In thousands)

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Currency
Translation
Adjustment

 

 

Net
Carrying
Amount

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Currency
Translation
Adjustment

 

 

Net
Carrying
Amount

 

RITEC:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer Contract Relationships

 

 

2,830

 

 

 

(1,755

)

 

 

—

 

 

 

1,075

 

 

 

2,830

 

 

 

(1,689

)

 

 

—

 

 

 

1,141

 

TrojanLabel:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributor Relations

 

 

937

 

 

 

(774

)

 

 

16

 

 

 

179

 

 

 

937

 

 

 

(686

)

 

 

30

 

 

 

281

 

Honeywell:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer Contract Relationships

 

 

27,773

 

 

 

(13,661

)

 

 

—

 

 

 

14,112

 

 

 

27,773

 

 

 

(12,795

)

 

 

—

 

 

 

14,978

 

Astro Machine:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer Contract Relationships

 

 

3,060

 

 

 

(1,530

)

 

 

—

 

 

 

1,530

 

 

 

3,060

 

 

 

(918

)

 

 

—

 

 

 

2,142

 

Trademarks

 

 

420

 

 

 

(210

)

 

 

—

 

 

 

210

 

 

 

420

 

 

 

(126

)

 

 

—

 

 

 

294

 

MTEX:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer Contract Relationships

 

 

2,603

 

 

 

(194

)

 

 

(104

)

 

 

2,305

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Internally Developed Technology

 

 

4,719

 

 

 

(586

)

 

 

(181

)

 

 

3,952

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Trademarks

 

 

217

 

 

 

(54

)

 

 

(7

)

 

 

156

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Intangible Assets, net

 

$

42,559

 

 

$

(18,764

)

 

$

(276

)

 

$

23,519

 

 

$

35,020

 

 

$

(16,214

)

 

$

30

 

 

$

18,836

 

 
Summary of Estimated Amortization Expense

Estimated amortization expense for the next five fiscal years is as follows:

 

(In thousands)

 

2026

 

 

2027

 

 

2028

 

 

2029

 

 

2030

 

Estimated amortization expense

 

$

2,832

 

 

$

2,832

 

 

$

2,338

 

 

$

1,972

 

 

$

1,972

 
Schedule of Goodwill

Goodwill is as follows:

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

PI

 

 

T&M

 

 

Total

 

Balance at January 31, 2024

 

$

10,111

 

 

$

4,522

 

 

$

14,633

 

Acquisition

 

 

14,250

 

 

 

—

 

 

 

14,250

 

Impairment

 

 

(13,403

)

 

 

—

 

 

 

(13,403

)

Foreign Currency Translation

 

 

(965

)

 

 

—

 

 

 

(965

)

Balance at January 31, 2025

 

$

9,993

 

 

$

4,522

 

 

$

14,515