6. Goodwill

At April 30, 2013, the Company had goodwill in the amount of $141.8 million. The Company assesses goodwill for impairment annually in the fourth fiscal quarter or more frequently if other indicators of potential impairment arise. There were no indicators of impairment during the year ended April 30, 2013 and no impairment was identified in the Company’s annual assessment.

The following table reflects the changes in goodwill for the year ended April 30, 2013 (in thousands):


Balance, as of April 30, 2012	$	—
Increase in goodwill related to PowerReviews acquisition		113,152
Increase in goodwill related to Longboard Media acquisition		28,681

Balance, as of April 30, 2013, net	$	141,833