Intangibles, net (Tables)

6 Months Ended

Oct. 26, 2024

Intangibles, net

Schedule of components of intangibles

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

	October 26,		April 30,
	2024		2024
Technology	$	101,106	$	101,012
Licenses		1,008		1,008
Customer relationships		77,354		77,313
Backlog		2,851		2,831
In-process research and development		550		550
Non-compete agreements		320		320
Trademarks and tradenames		1,668		1,668
Other		146		146
Intangibles, gross		185,003		184,848
Less accumulated amortization		(122,300)		(112,624)
Intangibles, net	$	62,703	$	72,224

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,
2025	$	9,579
2026		15,022
2027		12,655
2028		11,941
2029		7,764
	$	56,961