Intangibles (Tables)

3 Months Ended

Jul. 30, 2022

Intangibles, net

Schedule of components of intangibles

The components of intangibles are as follows (in thousands):

	July 30,		April 30,
	2022		2022
Technology	$	56,612	$	56,913
Licenses		1,008		1,008
Customer relationships		72,317		72,448
Backlog		2,037		2,100
In-process research and development		550		550
Non-compete agreements		320		320
Trademarks and tradenames		68		68
Other		140		144
Intangibles, gross		133,052		133,551
Less accumulated amortization		(42,043)		(36,327)
Intangibles, net	$	91,009	$	97,224

Schedule of estimated amortization expense for the next five years

Estimated amortization expense for the next five years is as follows (in thousands):

	Year ending
	April 30,
2023	$	17,616
2024		23,161
2025		20,879
2026		15,837
2027		5,208
	$	82,701