Goodwill and Intangible Assets (Tables)

6 Months Ended

Oct. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in the carrying amount of goodwill

The following table presents changes in the carrying amount of goodwill:

	Gross		Accumulated		Net
	Carrying Amount		Impairment Loss		Carrying Amount
	(in thousands)
Balance as of April 30, 2023	$	765,314	$	(64,501)	$	700,813
Goodwill recognized from acquisitions	20,796		—		20,796
Acquisition accounting adjustments from prior period	1,659		—		1,659
Translation adjustment	(4,027)		1,032		(2,995)
Balance as of October 31, 2023	$	783,742	$	(63,469)	$	720,273

Schedule of components of definite-lived intangible assets

The following tables present the components of the Company’s intangible assets:

	Estimated Useful Lives (years)	Weighted Average Amortization Period	October 31, 2023
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-16	12.3	$	686,338	$	(456,573)	$	229,765
Definite-lived tradenames	5-20	15.6	104,908		(28,607)		76,301
Vendor agreements	8-10	10.0	1,000		(625)		375
Developed technology	5-10	6.9	8,147		(5,639)		2,508
Other	3-5	3.2	1,551		(1,280)		271
Definite-lived intangible assets		12.7	$	801,944	$	(492,724)	$	309,220
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	393,587

	Estimated Useful Lives (years)	Weighted Average Amortization Period	April 30, 2023
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-16	12.4	$	669,142	$	(432,220)	$	236,922
Definite-lived tradenames	5-20	15.6	100,326		(25,407)		74,919
Vendor agreements	8-10	10.0	1,000		(575)		425
Developed technology	5-10	6.9	8,261		(5,596)		2,665
Other	3-5	3.2	1,551		(1,189)		362
Definite-lived intangible assets		12.8	$	780,280	$	(464,987)	$	315,293
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	399,660

Schedule of components of indefinite-lived intangible assets

The following tables present the components of the Company’s intangible assets:

	Estimated Useful Lives (years)	Weighted Average Amortization Period	October 31, 2023
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-16	12.3	$	686,338	$	(456,573)	$	229,765
Definite-lived tradenames	5-20	15.6	104,908		(28,607)		76,301
Vendor agreements	8-10	10.0	1,000		(625)		375
Developed technology	5-10	6.9	8,147		(5,639)		2,508
Other	3-5	3.2	1,551		(1,280)		271
Definite-lived intangible assets		12.7	$	801,944	$	(492,724)	$	309,220
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	393,587

	Estimated Useful Lives (years)	Weighted Average Amortization Period	April 30, 2023
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-16	12.4	$	669,142	$	(432,220)	$	236,922
Definite-lived tradenames	5-20	15.6	100,326		(25,407)		74,919
Vendor agreements	8-10	10.0	1,000		(575)		425
Developed technology	5-10	6.9	8,261		(5,596)		2,665
Other	3-5	3.2	1,551		(1,189)		362
Definite-lived intangible assets		12.8	$	780,280	$	(464,987)	$	315,293
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	399,660

Schedule of estimated future aggregate amortization expense

The following table summarizes the estimated future amortization expense for definite-lived intangible assets. Actual amortization expense to be reported in future periods could differ materially from these estimates as a result of acquisitions, changes in useful lives, foreign currency exchange rate fluctuations and other relevant factors.

Year Ending April 30,	(in thousands)
2024 (remaining six months)	$	29,694
2025	52,991
2026	44,807
2027	38,624
2028	32,066
Thereafter	111,038
Total	$	309,220