v3.24.3
Goodwill and Net Intangible Assets
9 Months Ended
Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Net Intangible Assets Goodwill and Net Intangible Assets
There were no changes in the carrying amount of goodwill or measurement period adjustments during the nine months ended October 31, 2024.
The following table presents the components of net intangible assets (in thousands):
October 31, 2024
January 31, 2024
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Software technology
$28,491 $(23,704)$4,787 $28,491 $(20,231)$8,260 
Customer relationships
34,072 (20,454)13,618 34,072 (16,941)17,131 
Trade names4,100 (1,935)2,165 4,100 (1,601)2,499 
Patents170 (149)21 170 (144)26 
Domain names
44 — 44 44 — 44 
Total$66,877 $(46,242)$20,635 $66,877 $(38,917)$27,960 
The following table presents the components of acquired intangible assets (dollars in thousands):
October 31, 2024
January 31, 2024
Net Carrying Amount
Weighted- Average Life (Years)
Net Carrying Amount
Weighted- Average Life (Years)
Software technology
$4,787 1.6$8,260 2.1
Customer relationships
13,618 3.017,131 3.7
Trade names2,165 4.82,499 5.6
Total$20,570 2.8$27,890 3.4
Amortization expense related to intangible assets was $2.3 million and $2.7 million for the three months ended October 31, 2024 and 2023, respectively, and $7.3 million and $8.1 million for the nine months ended October 31, 2024 and 2023, respectively. As of October 31, 2024, estimated remaining amortization expense for the finite-lived intangible assets by fiscal year is as follows (in thousands):
Remainder of Fiscal 2025$2,309 
Fiscal 20267,916 
Fiscal 20275,750 
Fiscal 20283,454 
Fiscal 2029721 
Thereafter441 
Total$20,591