Goodwill and Intangible Assets (Tables)

3 Months Ended

Jul. 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, 2024	$	917,689	$	(63,922)	$	853,767
Goodwill recognized from acquisitions	39,177		—		39,177
Acquisition accounting adjustments from prior period	(901)		—		(901)
Translation adjustment	(1,703)		359		(1,344)
Balance as of July 31, 2024	$	954,262	$	(63,563)	$	890,699

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	July 31, 2024
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-15	12.7	$	754,057	$	(409,734)	$	344,323
Definite-lived trade names	5-20	15.4	151,586		(34,924)		116,662
Developed technology	5-10	6.9	8,209		(5,882)		2,327
Other	3-10	5.6	7,169		(1,507)		5,662
Definite-lived intangible assets		13.0	$	921,021	$	(452,047)	$	468,974
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	553,341

	Estimated Useful Lives (years)	Weighted Average Amortization Period	April 30, 2024
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-15	12.8	$	695,411	$	(395,117)	$	300,294
Definite-lived trade names	5-20	15.4	143,267		(32,613)		110,654
Developed technology	5-10	6.9	8,249		(5,843)		2,406
Other	3-10	5.6	6,142		(1,175)		4,967
Definite-lived intangible assets		13.1	$	853,069	$	(434,748)	$	418,321
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	502,688

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	July 31, 2024
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-15	12.7	$	754,057	$	(409,734)	$	344,323
Definite-lived trade names	5-20	15.4	151,586		(34,924)		116,662
Developed technology	5-10	6.9	8,209		(5,882)		2,327
Other	3-10	5.6	7,169		(1,507)		5,662
Definite-lived intangible assets		13.0	$	921,021	$	(452,047)	$	468,974
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	553,341

	Estimated Useful Lives (years)	Weighted Average Amortization Period	April 30, 2024
			Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(dollars in thousands)
Customer relationships	5-15	12.8	$	695,411	$	(395,117)	$	300,294
Definite-lived trade names	5-20	15.4	143,267		(32,613)		110,654
Developed technology	5-10	6.9	8,249		(5,843)		2,406
Other	3-10	5.6	6,142		(1,175)		4,967
Definite-lived intangible assets		13.1	$	853,069	$	(434,748)	$	418,321
Indefinite-lived intangible assets							84,367
Total intangible assets, net							$	502,688

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)
2025 (remaining nine months)	$	58,845
2026	70,398
2027	62,411
2028	53,703
2029	46,184
Thereafter	177,433
Total	$	468,974