Property, Equipment and Capitalized Internal-Use Software Development Costs

12 Months Ended

Apr. 30, 2014

Property, Equipment and Capitalized Internal-Use Software Development Costs

5. Property, Equipment and Capitalized Internal-Use Software Development Costs

Property and equipment, including capitalized internal-use software development costs, consisted of the following (in thousands):


	April 30,
	2014			2013
Computer equipment	$	3,380		$	3,653
Furniture and fixtures		2,453			2,434
Office equipment		1,827			1,607
Software		1,407			1,466
Capitalized internal-use software development costs		20,245			12,230
Leasehold improvements		6,298			5,215

		35,610			26,605
Less: accumulated depreciation and amortization		(18,605	)		(12,144	)

	$	17,005		$	14,461

Depreciation and amortization relating to the Company’s property and equipment for the years ended April 30, 2014, 2013 and 2012 was $3.3 million, $2.8 million and $2.1 million, respectively. Amortization related to the Company’s capitalized internal-use software development costs for the years ended April 30, 2014, 2013 and 2012 was $4.6 million, $2.5 million and $1.0 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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