Business Combinations (Tables)

3 Months Ended

Jul. 31, 2021

Business Combinations [Abstract]

Summary of the components of the preliminary consideration

The following table summarizes the components of the preliminary consideration:

	(in thousands)
Cash consideration	$	122,635
Holdback liability	17,000
Total preliminary consideration transferred	$	139,635

Schedule of preliminary allocation of the consideration transferred

The following table summarizes the preliminary acquisition accounting for this acquisition based on currently available information:

	Preliminary Acquisition Accounting
	(in thousands)
Trade accounts and notes receivable	$	27,081
Inventories	28,900
Prepaid and other current assets	228
Property and equipment	17,136
Operating lease right-of-use assets	20,782
Customer relationships	51,500
Tradenames	11,300
Goodwill	12,902
Accounts payable and accrued expenses	(14,375)
Operating lease liabilities	(15,819)
Fair value of consideration transferred	$	139,635