Fair Value of Acquired Identifiable Intangible Assets and Related Estimated Useful Lives |
Intangible assets are as follows:
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April 30, 2025 |
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January 31, 2025 |
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(In thousands) |
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Gross Carrying Amount |
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Accumulated Amortization |
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Currency Translation Adjustment |
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Net Carrying Amount |
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Gross Carrying Amount |
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Accumulated Amortization |
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Currency Translation Adjustment |
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Net Carrying Amount |
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RITEC: |
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Customer Contract Relationships |
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$ |
2,830 |
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$ |
(1,772 |
) |
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$ |
— |
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$ |
1,058 |
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$ |
2,830 |
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$ |
(1,755 |
) |
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$ |
— |
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$ |
1,075 |
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TrojanLabel: |
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Distributor Relations |
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937 |
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(798 |
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33 |
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172 |
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937 |
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(774 |
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16 |
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179 |
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Honeywell: |
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Customer Contract Relationships |
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27,773 |
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(13,878 |
) |
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— |
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13,895 |
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27,773 |
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(13,661 |
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— |
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14,112 |
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Astro Machine: |
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Customer Contract Relationships |
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3,060 |
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(1,683 |
) |
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— |
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1,377 |
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3,060 |
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(1,530 |
) |
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— |
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1,530 |
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Trademarks |
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420 |
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(231 |
) |
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— |
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189 |
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420 |
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(210 |
) |
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— |
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210 |
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MTEX: |
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Customer Contract Relationships |
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2,603 |
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(259 |
) |
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109 |
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2,453 |
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2,603 |
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(194 |
) |
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(104 |
) |
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2,305 |
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Internally Developed Technology |
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4,719 |
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(782 |
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182 |
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4,119 |
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4,719 |
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(586 |
) |
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(181 |
) |
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3,952 |
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Trademarks |
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217 |
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(72 |
) |
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6 |
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151 |
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217 |
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(54 |
) |
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(7 |
) |
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156 |
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Intangible Assets, net |
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$ |
42,559 |
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$ |
(19,475 |
) |
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$ |
330 |
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$ |
23,414 |
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$ |
42,559 |
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$ |
(18,764 |
) |
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$ |
(276 |
) |
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$ |
23,519 |
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Summary of Estimated Amortization Expense |
Estimated amortization expense for the next five fiscal years is as follows:
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(In thousands) |
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Remaining 2026 |
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2027 |
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2028 |
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2029 |
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2030 |
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Estimated amortization expense |
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$ |
2,131 |
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$ |
2,841 |
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$ |
2,342 |
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$ |
1,976 |
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$ |
1,976 |
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