Acquisitions (Tables)

12 Months Ended

Apr. 30, 2020

Summary of Components of Purchase Price and Preliminary Allocation of Purchase Price at Fair Value

The following table summarizes the components of the U.S. GAAP purchase price and the preliminary allocation of the purchase price at fair value (in thousands):


Cash paid	$	26,633
Ordinary shares	178,331
Assumption of stock option plan	9,309
Total consideration	$	214,273

Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary estimated fair values of assets acquired and liabilities assumed (in thousands):


Cash and cash equivalents	$	2,220
Restricted cash	40
Accounts receivable	2,661
Prepaid and other current assets	549
Operating lease right-of-use assets	4,363
Property and equipment	503
Intangible assets	53,800
Other assets	58
Goodwill	178,764
Accounts payable	(1,112)
Accrued expenses and other current liabilities	(3,035)
Accrued compensation and benefits	(5,042)
Operating lease liabilities, current	(981)
Deferred revenue, current	(3,532)
Deferred revenue, non-current	(2,661)
Operating lease liabilities, non-current	(3,551)
Other liabilities, non-current	(8,771)
Total purchase consideration	$	214,273

Schedule of Components of Identifiable Intangible Assets Acquired and Estimated Useful Lives

Identifiable intangible assets include (in thousands):


	Total		Useful life (in years)
Developed technology	$	32,700	5
Customer relationships	19,200		4
Trade name	1,900		4
Intangible assets	$	53,800

Summary of Unaudited Pro Forma Condensed Consolidated Financial Information

The following unaudited pro forma condensed consolidated financial information gives effect to the acquisition of Endgame as if it were consummated on May 1, 2018 (the beginning of the comparable prior reporting period), including pro forma adjustments related to the valuation and allocation of the purchase price, primarily amortization of acquired intangible assets and deferred revenue fair value adjustments; share-based compensation expense; alignment of accounting policies; the impact of applying ASC Topic 606, Revenue From Contracts With Customers, to Endgame’s historical financial statements; and direct transaction costs reflected in the historical financial statements. This data is presented for informational purposes only and is not intended to represent or be indicative of the results of operations that would have been reported had the acquisition occurred on May 1, 2018. It should not be taken as representative of future results of operations of the combined company (in thousands).


	Year Ended April 30,
	2020		2019
Pro forma revenue (1)	$	435,234	$	285,917
Pro forma net loss (1)	$	(176,019)	$	(152,280)

⁽¹⁾ As if the acquisition of Endgame was consummated on May 1, 2018

Lambda Lab

Business Acquisition [Line Items]

Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the components of the Lambda Lab purchase price and the preliminary allocation of the purchase price at fair value (in thousands):


Cash paid	$	1,997
Developed technology	$	1,339
Trade name	15
Goodwill	1,038
Net liabilities acquired	(395)
Total purchase consideration	$	1,997

Swiftype Inc

Business Acquisition [Line Items]

Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the components of the Swiftype purchase price and the allocation of the purchase price at fair value (in thousands):


Cash paid	$	1,724
Ordinary shares	8,392
Total consideration	$	10,116
Developed technology	$	5,392
Trade name	97
Customer relationships	158
Goodwill	1,885
Net assets acquired	2,584
Total purchase consideration	$	10,116

Schedule of Components of Identifiable Intangible Assets Acquired and Estimated Useful Lives

The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition (in thousands):


	Fair Value		Useful life (in years)
Developed technology	$	5,392	4
Customer relationships	158		4
Trade name	97		4
Total identifiable intangible assets	$	5,647

Opbeat

Business Acquisition [Line Items]

Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the components of the Opbeat purchase price and the allocation of the purchase price at fair value (in thousands):


Cash paid	$	3,123
Ordinary shares	4,019
Total consideration	$	7,142
Developed technology	$	1,846
Goodwill	4,925
Net assets acquired	371
Total purchase consideration	$	7,142

Schedule of Components of Identifiable Intangible Assets Acquired and Estimated Useful Lives

The following table sets forth the components of the identifiable intangible asset acquired and its estimated useful life as of the date of acquisition (in thousands):


	Fair Value		Useful life (in years)
Developed technology	$	1,846	4