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Goodwill and Intangible Assets (Tables)
12 Months Ended
Apr. 30, 2018
Goodwill and Intangible Assets  
Schedule of changes in the carrying amount of goodwill

 

 

 

 

 

    

Carrying

 

 

Amount

 

 

(in thousands)

Balance as of April 30, 2016

 

$

386,306

Goodwill acquired

 

 

37,728

Purchase price adjustments

 

 

(390)

Balance as of April 30, 2017

 

 

423,644

Goodwill acquired

 

 

4,145

Purchase price adjustments

 

 

(144)

Balance as of April 30, 2018

 

$

427,645

 

Schedule of components of definite-lived intangible assets

The following tables present the components of the Company’s definite-lived intangible assets as of April 30, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

Weighted

 

April 30, 2018

 

 

Useful

 

Average

 

Gross

 

 

 

Net

 

    

Lives

 

Amortization

 

Carrying

 

Accumulated

 

Carrying

 

 

(years)

 

Period

 

Amount

 

Amortization

 

Value

 

 

(dollars in thousands)

Customer relationships

 

5 - 13

 

10.9

 

$

282,547

 

$

150,081

 

$

132,466

Definite-lived tradenames

 

5 - 20

 

18.0

 

 

26,250

 

 

3,578

 

 

22,672

Vendor agreements

 

8 - 10

 

8.3

 

 

6,644

 

 

2,956

 

 

3,688

Leasehold interests

 

7 - 15

 

9.0

 

 

2,866

 

 

832

 

 

2,034

Other

 

5

 

5.0

 

 

521

 

 

66

 

 

455

Totals

 

 

 

 

 

$

318,828

 

$

157,513

 

$

161,315

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

Weighted

 

April 30, 2017

 

 

Useful

 

Average

 

Gross

 

 

 

Net

 

    

Lives

     

Amortization

     

Carrying

     

Accumulated

     

Carrying

 

 

(years)

 

Period

 

Amount

 

Amortization

 

Value

 

 

(dollars in thousands)

Customer relationships

 

5 - 13

 

10.9

 

$

273,196

 

$

111,291

 

$

161,905

Definite-lived tradenames

 

5 - 20

 

18.3

 

 

25,250

 

 

1,718

 

 

23,532

Vendor agreement

 

8

 

8.0

 

 

5,644

 

 

2,176

 

 

3,468

Leasehold interests

 

7 - 13

 

8.2

 

 

2,516

 

 

496

 

 

2,020

Totals

 

 

 

 

 

$

306,606

 

$

115,681

 

$

190,925