| Details of Intangible Assets |
The following schedule presents the details of intangible assets as of April 30, 2018 (dollar amounts in thousands):
|
|
|
April 30, 2018 |
|
|
|
|
Gross |
|
|
|
|
|
|
|
|
|
|
Remaining |
|
|
|
|
carrying |
|
|
Accumulated |
|
|
|
|
|
|
useful life |
|
|
|
|
amount |
|
|
amortization |
|
|
Net |
|
|
(in years) |
|
|
Existing technology |
|
$ |
3,880 |
|
|
$ |
(3,703 |
) |
|
$ |
177 |
|
|
|
0.9 |
|
|
Database |
|
|
4,939 |
|
|
|
(4,228 |
) |
|
|
711 |
|
|
|
1.9 |
|
|
Customer contracts and relationships |
|
|
33,643 |
|
|
|
(9,664 |
) |
|
|
23,979 |
|
|
|
7.3 |
|
|
Software |
|
|
10,867 |
|
|
|
(6,389 |
) |
|
|
4,478 |
|
|
|
1.9 |
|
|
Brand |
|
|
1,141 |
|
|
|
(842 |
) |
|
|
299 |
|
|
|
0.9 |
|
|
|
|
$ |
54,470 |
|
|
$ |
(24,826 |
) |
|
$ |
29,644 |
|
|
|
|
|
|
|
|
The following schedule presents the details of intangible assets as of January 31, 2018 (dollar amounts in thousands):
|
|
|
January 31, 2018 |
|
|
|
|
Gross |
|
|
|
|
|
|
|
|
|
|
Remaining |
|
|
|
|
carrying |
|
|
Accumulated |
|
|
|
|
|
|
useful life |
|
|
|
|
amount |
|
|
amortization |
|
|
Net |
|
|
(in years) |
|
|
Existing technology |
|
$ |
3,880 |
|
|
$ |
(3,509 |
) |
|
$ |
371 |
|
|
|
0.8 |
|
|
Database |
|
|
4,939 |
|
|
|
(4,091 |
) |
|
|
848 |
|
|
|
2.0 |
|
|
Customer contracts and relationships |
|
|
33,643 |
|
|
|
(8,798 |
) |
|
|
24,845 |
|
|
|
7.5 |
|
|
Software |
|
|
10,867 |
|
|
|
(5,820 |
) |
|
|
5,047 |
|
|
|
2.2 |
|
|
Brand |
|
|
1,141 |
|
|
|
(762 |
) |
|
|
379 |
|
|
|
1.2 |
|
|
|
|
$ |
54,470 |
|
|
$ |
(22,980 |
) |
|
$ |
31,490 |
|
|
|
|
|
|
|
|
|
| Estimated Amortization Expense |
The estimated amortization expense for intangible assets, for the next five years and thereafter is as follows as of April 30, 2018 (in thousands):
|
|
|
Estimated |
|
|
|
|
amortization |
|
|
Period |
|
expense |
|
|
Fiscal 2019 |
|
$ |
5,122 |
|
|
Fiscal 2020 |
|
|
6,062 |
|
|
Fiscal 2021 |
|
|
3,629 |
|
|
Fiscal 2022 |
|
|
3,182 |
|
|
Fiscal 2023 |
|
|
3,182 |
|
|
Thereafter |
|
|
8,467 |
|
|
Total |
|
$ |
29,644 |
|
|
|
|
|