Acquisitions (Tables)

3 Months Ended

Jul. 31, 2014

MID Retail, Inc.

Allocation of Total Purchase Price

The following preliminary allocation of the total purchase price reflects the fair value of the assets acquired and liabilities assumed as of May 30, 2014 (in thousands):

				Useful Life
Current assets	$	1,858
Property and equipment, net		32
Other assets		505
Goodwill		4,930
Non-compete		290			3 years
Customer relationships		1,400			8 years
Current technology		1,500			3 years
Total Assets Acquired		10,515
Current liabilities		(825	)
Long-term liabilities		(505	)
Total liabilities assumed		(1,330	)
Net assets acquired	$	9,185

Taylor Manufacturing Systems, USA, LLC

Allocation of Total Purchase Price

The following allocation of the total purchase price reflects the fair value of the assets acquired and liabilities assumed as of August 14, 2013 (in thousands):

Current assets	$	130
Goodwill		1,218
Current technology		472
Total Assets Acquired		1,820
Current liabilities		(13	)
Net Assets Acquired	$	1,807