XML 28 R14.htm IDEA: XBRL DOCUMENT v3.19.2
Intangible Assets and Trademarks
 12 Months Ended
Apr. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Trademarks
Intangible Assets and Trademarks
 
The components of customer relationships intangibles were:
 
APRIL 30
(in thousands)
2019
 
2018
Customer relationship intangibles
$
274,000

 
$
274,000

Less accumulated amortization
(60,889
)
 
(15,222
)
 
 
 
 
Total
$
213,111

 
$
258,778


The components of trademarks were:
 
APRIL 30
(in thousands)
2019
 
2018
Trademarks
$
10,000

 
$
10,000

Less accumulated amortization
(4,445
)
 
(1,111
)
 
 
 
 
Total
$
5,555

 
$
8,889



Customer relationship intangibles and trademarks are amortized over the estimated useful lives on a straight-line basis over six and three years, respectively. Amortization expense on customer relationship intangibles and trademarks amounted to $49.0 million and $16.3 million for the years ended April 30, 2019 and 2018, respectively.