XML 27 R18.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Intangibles, net | 3 Months Ended
--- | ---
Jul. 30, 2022
Intangibles, net |
Intangibles, net | 8. Intangibles, net ​ The components of intangibles are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | July 30, | ​ | April 30, | ​
​ |  | 2022 |  | 2022 | ​
Technology | ​ | $ | 56,612 | ​ | $ | 56,913 | ​
Licenses | ​ | ​ | 1,008 | ​ | ​ | 1,008 | ​
Customer relationships | ​ | ​ | 72,317 | ​ | ​ | 72,448 | ​
Backlog | ​ | ​ | 2,037 | ​ | ​ | 2,100 | ​
In-process research and development | ​ | ​ | 550 | ​ | ​ | 550 | ​
Non-compete agreements | ​ | ​ | 320 | ​ | ​ | 320 | ​
Trademarks and tradenames | ​ | ​ | 68 | ​ | ​ | 68 | ​
Other | ​ | ​ | 140 | ​ | ​ | 144 | ​
Intangibles, gross | ​ | ​ | 133,052 | ​ | ​ | 133,551 | ​
Less accumulated amortization | ​ |  | (42,043) | ​ |  | (36,327) | ​
Intangibles, net | ​ | $ | 91,009 | ​ | $ | 97,224 | ​
​ The weighted average amortization period at July 30, 2022 and April 30, 2022 was four years. Amortization expense for the three months ended July 30, 2022 and July 31, 2021 was $5,869,000 and $6,973,000, respectively. ​ Technology, backlog and customer relationship intangible assets were recognized in conjunction with the Company’s acquisition of Telerob on May 3, 2021. The intangibles recognized in conjunction with the acquisition of Telerob are recorded in Euros, and the balances change in accordance with the foreign currency translation at reporting date. Refer to Note 18—Business Acquisitions for further details. ​ Estimated amortization expense for the next five years is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​
​ |  | Year ending |
​ | ​ | April 30, |
2023 | ​ | $ | 17,616 | ​
2024 | ​ |  | 23,161 | ​
2025 | ​ |  | 20,879 | ​
2026 | ​ |  | 15,837 | ​
2027 | ​ |  | 5,208 | ​
​ | ​ | $ | 82,701 | ​
​

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration