Acquisitions (Tables)

9 Months Ended

Jan. 31, 2022

Business Combinations [Abstract]

Summary of Net Assets Acquired

The following table provides a summary of the net assets acquired:

	(in thousands)
Current assets (1)	$	25,138
Long-term assets		7,787
Intangible assets (2)		11,600
Current liabilities		14,765
Long-term liabilities		15,713
Net assets acquired		14,047
Purchase price		90,860
Goodwill	$	76,813

^{(1) Included in current assets is acquired receivables in the amount of $13.8 million.}

^{(2) Acquisition-related intangible assets acquired in connection with the acquisition consists of customer relationships and tradenames of $10.4 million, and $1.2 million, respectively, with weighted-average useful lives from the date of purchase of seven years, and two years, respectively.}