Goodwill And Other Intangible Assets (Tables)

6 Months Ended

Oct. 31, 2015

Goodwill And Other Intangible Assets [Abstract]

Summary Of Intangible Assets Subject To Amortization

Intangible assets subject to amortization are summarized as of October 31, 2015 as follows:

	Weighted Average
	Remaining	Gross
	Amortization	Carrying		Accumulated
	Period (Years)	Amount		Amortization
Other intangible assets – Able	-	$	375,000	$	375,000
Customer relationships – Able	-		2,395,000		2,395,000
Spitfire:
Non-contractual customer relationships	11.6		4,690,000		714,580
Backlog	-		22,000		22,000
Trade names	16.6		980,000		167,403
Non-compete agreements	3.6		50,000		24,395
Patents	1.6		400,000		273,347
Total		$	8,912,000	$	3,971,725

Note E - Goodwill and Other Intangible Assets - Continued

Intangible assets subject to amortization are summarized as of April 30, 2015, as follows:

	Weighted Average
	Remaining	Gross
	Amortization	Carrying		Accumulated
	Period (Years)	Amount		Amortization
Other intangible assets – Able	-	$	375,000	$	375,000
Customer relationships – Able	-		2,395,000		2,395,000
Spitfire:
Non-contractual customer relationships	12.08		4,690,000		548,781
Backlog	-		22,000		22,000
Trade names	17.08		980,000		142,905
Non-compete agreements	4.08		50,000		20,825
Patents	2.08		400,000		233,345
Total		$	8,912,000	$	3,737,856

Estimated Aggregate Amortization Expense

For the remaining 6 months of the fiscal year ending April 30:	2016	$	237,030
For the fiscal year ending April 30:	2017		490,010
	2018		435,043
	2019		423,721
	2020		411,406
	Thereafter		2,943,065
		$	4,940,275