Quarterly report pursuant to Section 13 or 15(d)

Goodwill and intangible assets

v3.3.1.900
Goodwill and intangible assets
6 Months Ended
Jan. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]

Note 5 – Goodwill and intangible assets


At January 31, 2016 and July 31, 2015, the Company’s net carrying amount of goodwill, related to the Clinical Labs segment, is $7,452.


The Company’s change in the net carrying amount of intangible assets, all in the Life Sciences segment is as follows:


    Gross     Accumulated Amortization     Net  
July 31, 2015   $ 27,838     $ (21,683 )   $ 6,155  
Amortization expense           (843 )     (843 )
Foreign currency translation     (350 )     259       (91 )
January 31, 2016   $ 27,488     $ (22,267 )   $ 5,221  

Intangible assets, all finite lived, consist of the following:


    January 31, 2016     July 31, 2015  
    Gross     Accumulated
Amortization
    Net     Gross     Accumulated
Amortization
    Net  
Patents   $ 11,027     $ (10,888 )   $ 139     $ 11,028     $ (10,871 )   $ 157  
Customer relationships     12,046       (7,785 )     4,261       12,243       (7,398 )     4,845  
Website and acquired content     1,006       (1,006 )           1,020       (1,020 )      
Licensed technology and other     499       (437 )     62       518       (441 )     77  
Trademarks     2,910       (2,151 )     759       3,029       (1,953 )     1,076  
Total   $ 27,488     $ (22,267 )   $ 5,221     $ 27,838     $ (21,683 )   $ 6,155  

At January 31, 2016, information with respect to intangibles assets acquired is as follows:


    Useful life assigned   Weighted average
remaining useful life
 
Customer relationships   8-15 years   4.5 years  
Trademarks   5 years   1.5 years  
Other intangibles   10 years   3.5 years  

At January 31, 2016, the weighted average useful life of amortizable intangible assets is approximately four years.