Acquired Intangible Assets, net

3 Months Ended

Jul. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Acquired Intangible Assets, net

Acquired Intangible Assets, net

Acquired intangible assets, net, as of July 31, 2017 and April 30, 2017 are as follows (in thousands):

	July 31, 2017							April 30, 2017
	Gross Fair Value		Accumulated Amortization			Net Book Value		Gross Fair Value		Accumulated Amortization			Net Book Value
Customer relationships	$	11,835	$	(5,704	)	$	6,131	$	11,835	$	(5,395	)	$	6,440
Developed technology	3,265		(2,151		)	1,114		3,265		(1,988		)	1,277
Total	$	15,100	$	(7,855	)	$	7,245	$	15,100	$	(7,383	)	$	7,717

The amortization of customer relationships is recorded as amortization expense and the amortization for developed technology is amortized to cost of revenue.

The following table presents our estimate of future amortization expense for definite-lived intangible assets (in thousands):

Fiscal period:	Amount
Remaining nine months of fiscal year 2018	$	1,418
Fiscal year 2019	1,856
Fiscal year 2020	1,130
Fiscal year 2021	1,130
Fiscal year 2022	1,130
Thereafter	581
Total	$	7,245