Property and Equipment, net

12 Months Ended

Apr. 30, 2013

5. Property and Equipment, net

Property and equipment consist of the following:

	April 30,

	2013			2012
	(In thousands)
Leasehold improvements	$	8,498		$	8,471
Machinery and equipment		37,873			32,883
Furniture and fixtures		1,866			2,415
Computer equipment and software		23,432			14,894
Construction in process		7,142			9,103

Property and equipment, gross		78,811			67,766
Less accumulated depreciation and amortization		(54,382	)		(44,251	)

Property and equipment, net	$	24,429		$	23,515

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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