Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Intangible Assets (Tables)

v3.24.2.u1
Note 3 - Intangible Assets (Tables)
6 Months Ended
Jul. 31, 2024
Notes Tables  
Schedule of Finite Lived and Indefinite Lived Intangible Assets by Major Class [Table Text Block]
   

July 31, 2024

   

January 31, 2024

 
   

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

    2.2     $ 359,094     $ 203,997     $ 155,097       2.7     $ 355,247     $ 172,578     $ 182,669  

Customer contracts/relationships

    9.1       268,729       78,116       190,613       9.5       269,300       59,091       210,209  

Trademarks and trade names

    11.9       52,742       8,190       44,552       12.4       52,863       6,184       46,679  

Publishing rights

    1.9       41,100       25,779       15,321       2.4       41,100       21,668       19,432  

Backlog

    1.4       49,700       47,534       2,166       1.9       49,700       45,941       3,759  

Skillsoft trademark

    Indefinite       76,545             76,545       Indefinite       76,545             76,545  

Total intangible assets

          $ 847,910     $ 363,616     $ 484,294             $ 844,755     $ 305,462     $ 539,293  
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]
   

Amortization Expense

 

2025 (six months remaining)

  $ 63,348  

2026

    123,499  

2027

    77,986  

2028

    37,548  

2029

    27,854  

Thereafter

    77,514  

Total future amortization

  $ 407,749  
Schedule of Goodwill [Table Text Block]

Description

 

Talent Development Solutions

   

Global Knowledge

   

Consolidated

 

Goodwill January 31, 2024

  $ 287,650     $ 29,421     $ 317,071  

Increase (decrease)

                 

Goodwill July 31, 2024

  $ 287,650     $ 29,421     $ 317,071  
                         

Accumulated impairment, July 31, 2024

  $ 698,405     $ 84,694     $ 783,099