Goodwill And Other Intangible Assets (Tables)

6 Months Ended

Oct. 31, 2017

Goodwill And Other Intangible Assets [Abstract]

Summary Of Intangible Assets Subject To Amortization

Intangible assets subject to amortization are summarized as of October 31, 2017 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	9.58		4,690,000		1,422,770
Backlog	-		22,000		22,000
Trade names	14.58		980,000		265,395
Non-compete agreements	1.58		50,000		38,675
Patents	-		400,000		400,000
Total		$	8,912,000	$	4,918,840

Note E - Goodwill and Other Intangible Assets - Continued

Intangible assets subject to amortization are summarized as of April 30, 2017, 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	10.08		4,690,000		1,237,410
Backlog	-		22,000		22,000
Trade names	15.08		980,000		240,897
Non-compete agreements	2.08		50,000		35,105
Patents	0.08		400,000		393,353
Total		$	8,912,000	$	4,698,765

Estimated Aggregate Amortization Expense

For the remaining 6 months of the fiscal year ending April 30:	2018	$	214,968
For the fiscal years ending April 30:	2019		423,721
	2020		411,406
	2021		403,199
	2022		395,578
	Thereafter		2,144,288
		$	3,993,160