Goodwill and Intangible Assets (Tables)

9 Months Ended

Jan. 31, 2024

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	20,930		—		20,930
Acquisition accounting adjustments from prior period	(132)		—		(132)
Translation adjustment	1,907		(493)		1,414
Balance as of January 31, 2024	$	788,019	$	(64,994)	$	723,025

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	January 31, 2024
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-16	12.4	$	686,471	$	(466,614)	$	219,857
Definite-lived tradenames	5-20	15.5	106,118		(30,735)		75,383
Vendor agreements	10	10.0	1,000		(650)		350
Developed technology	5-10	6.9	8,313		(5,882)		2,431
Other	3-5	3.2	1,551		(1,325)		226
Definite-lived intangible assets		12.7	$	803,453	$	(505,206)	$	298,247
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	382,614

	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	January 31, 2024
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-16	12.4	$	686,471	$	(466,614)	$	219,857
Definite-lived tradenames	5-20	15.5	106,118		(30,735)		75,383
Vendor agreements	10	10.0	1,000		(650)		350
Developed technology	5-10	6.9	8,313		(5,882)		2,431
Other	3-5	3.2	1,551		(1,325)		226
Definite-lived intangible assets		12.7	$	803,453	$	(505,206)	$	298,247
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	382,614

	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 three months)	$	14,236
2025	53,109
2026	44,908
2027	38,761
2028	32,141
Thereafter	115,092
Total	$	298,247