Intangibles (Tables)

6 Months Ended

Oct. 29, 2022

Intangibles, net

Schedule of components of intangibles

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

	October 29,		April 30,
	2022		2022
Technology	$	59,563	$	56,913
Licenses		1,008		1,008
Customer relationships		72,209		72,448
Backlog		2,685		2,100
In-process research and development		550		550
Non-compete agreements		320		320
Trademarks and tradenames		68		68
Other		136		144
Intangibles, gross		136,539		133,551
Less accumulated amortization		(47,879)		(36,327)
Intangibles, net	$	88,660	$	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	$	12,009
2024		23,770
2025		21,568
2026		16,360
2027		5,663
	$	79,370