7. Goodwill

As of April 30, 2015 and April 30, 2014, the Company had goodwill in the amount of $139.2 million. The Company evaluates goodwill for impairment annually in the fourth fiscal quarter or more frequently if indicators of potential impairment arise. The Company did not recognize any goodwill impairment during fiscal year 2015 and fiscal year 2014.

The following table reflects the changes in goodwill for the fiscal years ended April 30, 2015 and April 30, 2014 (in thousands):


Balance, as of April 30, 2013	$	132,831
Goodwill related to FeedMagnet acquisition		6,324
Balance, as of April 30, 2014	$	139,155

Balance, as of April 30, 2015	$	139,155