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Acquisitions (Tables)
6 Months Ended
Oct. 31, 2016
MID Retail, Inc.  
Preliminary 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 August 23, 2016 (in thousands):

 

            Useful Life  

Cash

   $ 46      

Accounts receivable, net

     510      

Other current assets

     66      

Property and equipment, net

     16      

Goodwill

     800      

Non-compete

     100         1-3 years   

Trade name

     200         3 years   

Current technology

     2,900         3 years   
  

 

 

    

Total Assets Acquired

     4,638      

Current liabilities

     (135   

Long-term liabilities

     (16   
  

 

 

    

Total liabilities assumed

     (151   
  

 

 

    

Net assets acquired

   $ 4,487