Acquired Intangible Assets, net

3 Months Ended

Jul. 31, 2013

Acquired Intangible Assets, net

5. Acquired Intangible Assets, net

Acquired intangible assets, net as of July 31, 2013 are as follows (in thousands):

	Gross Fair		Accumulated			Net Book
	Value		Amortization			Value
Customer relationships	$	51,238	$	(5,228	)	$	46,010
Developed technology		5,400		(2,040	)		3,360
Domain name (indefinite useful life)		800		—			800
	$	57,438	$	(7,268	)	$	50,170

Acquired intangible assets, net as of April 30, 2013 are as follows (in thousands):

	Gross Fair		Accumulated			Net Book
	Value		Amortization			Value
Customer relationships	$	51,238	$	(3,924	)	$	47,314
Developed technology		5,400		(1,590	)		3,810
Domain name (indefinite useful life)		800		—			800
	$	57,438	$	(5,514	)	$	51,924

The expected future amortization expense for intangible assets for each of the fiscal years ended thereafter is as follows (in thousands):

Fiscal period:
Remaining nine months of Fiscal 2014	$	5,262
Fiscal 2015		7,017
Fiscal 2016		5,309
Fiscal 2017		5,085
Fiscal 2018		5,085
Thereafter		21,612
Total amortization expense (Customer relationships and Developed Technology)	$	49,370