Business Acquisitions (Tables)

9 Months Ended

Jan. 31, 2018

2018 Acquisitions

Business Acquisitions

Schedule of acquisitions completed

Company Name	Form of Acquisition	Date of Acquisition
ASI Building Products, LLC	Purchase of net assets	August 1, 2017
Washington Builders Supply, Inc.	Purchase of net assets	October 2, 2017
Southwest Building Materials, Ltd.	Purchase of net assets	December 4, 2017

Schedule of allocation of consideration for acquisitions

	Preliminary
	Purchase Price
	Allocation
	January 31, 2018
		(in thousands)
Trade accounts and notes receivable	$	4,525
Inventories		3,824
Property and equipment		909
Tradenames		1,000
Vendor agreement		1,000
Below market leases		350
Intangible assets		8,920
Goodwill		3,310
Liabilities assumed		(1,945)
Purchase price	$	21,893

2017 Acquisitions

Business Acquisitions

Schedule of acquisitions completed

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
Steven F. Kempf Building Materials, Inc.	Purchase of net assets	August 29, 2016
Olympia Building Supplies, LLC/Redmill, Inc.	Purchase of 100% of outstanding common stock	September 1, 2016
United Building Materials, Inc.	Purchase of net assets	October 3, 2016
Ryan Building Materials, Inc.	Purchase of net assets	October 31, 2016
Interior Products Supply	Purchase of net assets	December 5, 2016
Hawaii-based distribution business of Grabber Construction Products	Purchase of net assets	February 1, 2017

Schedule of allocation of consideration for acquisitions

	Preliminary				Preliminary
	Purchase Price				Purchase Price
	Allocation		Adjustments/		Allocation
	April 30, 2017		Reclassifications		January 31, 2018
	(in thousands)
Cash and cash equivalents	$	1,558	$	—	$	1,558
Trade accounts and notes receivable		37,691		(63)		37,628
Inventories		16,504		—		16,504
Other current assets		657		14		671
Property and equipment		8,357		—		8,357
Tradenames		9,490		—		9,490
Customer relationships		64,660		—		64,660
Goodwill		37,728		(144)		37,584
Deferred tax liability		(6,011)		—		(6,011)
Liabilities assumed		(16,958)		560		(16,398)
Purchase price	$	153,676	$	367	$	154,043