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Goodwill and Intangible Assets (Tables)
12 Months Ended
Apr. 30, 2019
Goodwill and Intangible Assets  
Schedule of changes in the carrying amount of goodwill

 

 

 

 

 

    

Carrying

 

 

Amount

 

 

(in thousands)

Balance as of April 30, 2017

 

$

423,644

Goodwill acquired

 

 

4,145

Purchase price adjustments

 

 

(144)

Balance as of April 30, 2018

 

 

427,645

Goodwill acquired

 

 

196,267

Purchase price adjustments from prior periods

 

 

 8

Translation adjustment

 

 

(6,593)

Balance as of April 30, 2019

 

$

617,327

 

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, 2019 and 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

Weighted

 

April 30, 2019

 

 

Useful

 

Average

 

Gross

 

 

 

Net

 

 

Lives

 

Amortization

 

Carrying

 

Accumulated

 

Carrying

 

    

(years)

    

Period

    

Amount

    

Amortization

    

Value

 

 

(dollars in thousands)

Customer relationships

 

5 - 16

 

12.8

 

$

520,703

 

$

214,044

 

$

306,659

Definite-lived tradenames

 

5 - 20

 

16.3

 

 

56,018

 

 

6,993

 

 

49,025

Vendor agreements

 

8 - 10

 

8.3

 

 

6,644

 

 

3,761

 

 

2,883

Developed technology

 

5

 

4.9

 

 

5,209

 

 

971

 

 

4,238

Leasehold interests

 

1 - 15

 

7.6

 

 

3,707

 

 

1,502

 

 

2,205

Other

 

3 - 5

 

3.4

 

 

4,118

 

 

1,182

 

 

2,936

Totals

 

 

 

 

 

$

596,399

 

$

228,453

 

$

367,946

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 agreement

 

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