Business Acquisitions (Tables)

3 Months Ended

Jul. 31, 2016

2017 Acquisitions

Business Acquisitions

Schedule of acquisitions completed

In the three months ended July 31, 2016, the Company completed the following acquisitions, with an aggregate purchase price of $25,989, subject to finalization of working capital settlement amounts.

Company name	Form of acquisition	Date of acquisition
Wall & Ceiling Supply Co., Inc.	Purchase of net assets	May 2, 2016
Rockwise, LLC	Purchase of net assets	July 5, 2016

Schedule of allocation of consideration for acquisitions

	Preliminary
	purchase price
	allocation
	July 31, 2016
Trade accounts and notes receivable	$	5,220
Inventories		3,163
Property and equipment		1,697
Other assets		1
Tradenames		400
Customer relationships		10,800
Goodwill		7,590
Liabilities assumed		(2,882)
Purchase price	$	25,989

2016 Acquisitions

Business Acquisitions

Schedule of acquisitions completed

In fiscal 2016, the Company completed the following acquisitions, with an aggregate purchase price of $117,032, comprised of $112,778 of cash consideration, net and $4,254 of contingent consideration, subject to the finalization of working capital settlement amounts.

Company name	Form of acquisition	Date of acquisition
Tri-Cities Drywall & Supply Co.	Purchase of net assets	September 29, 2015
Badgerland Supply, Inc.	Purchase of net assets	November 2, 2015
Hathaway & Sons, Inc.	Purchase of net assets	November 9, 2015
Gypsum Supply Company	Purchase of 100% of outstanding common stock	January 1, 2016
Robert N. Karpp Co., Inc.	Purchase of net assets	February 1, 2016
Professional Handling & Distribution, Inc.	Purchase of net assets	February 1, 2016
M.R. Lee Building Materials, Inc.	Purchase of net assets	April 4, 2016

Schedule of allocation of consideration for acquisitions

	Preliminary				Preliminary
	purchase price				purchase price
	allocation		Adjustments/		allocation
	April 30, 2016		Reclassifications		July 31, 2016
Trade accounts and notes receivable	$	26,707	$	102	$	26,809
Inventories		17,543		—		17,543
Property and equipment		9,236		—		9,236
Other assets		1,764		1		1,765
Tradenames		12,500		—		12,500
Below market leases		2,020		—		2,020
Customer relationships		29,055		—		29,055
Goodwill		38,833		(256)		38,577
Deferred tax liability		(6,676)		—		(6,676)
Liabilities assumed		(13,804)		7		(13,797)
Purchase price	$	117,178	$	(146)	$	117,032