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Goodwill
 3 Months Ended
Jul. 29, 2023
Goodwill.  
Goodwill

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8. Goodwill

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The following table presents the changes in the Company’s goodwill balance by segment (in thousands):

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

UMS

​

LMS

​

MW

​

Total

Balance at April 30, 2023

​

$

161,547

​

$

—

​

$

19,254

​

$

180,801

Change to goodwill

​

​

(4)

​

​

—

​

​

—

​

​

(4)

Balance at July 29, 2023

​

$

161,543

​

$

—

​

$

19,254

​

$

180,797

​

Effective May 1, 2023, the reporting segments for goodwill are UMS, LMS and MW. The UMS segment includes goodwill from the acquisitions of Pulse Aerospace, LLC (“Pulse”), Arcturus UAV, Inc. (“Arcturus”), Telerob and Planck acquisitions. The MW segment includes goodwill from the purchase of certain assets of Intelligent Systems Group business segment (“ISG”) of Progeny Systems Corporation. The goodwill change to UMS is attributable to the Telerob acquisition recorded in Euros and translated to dollars at each reporting date. The MUAS reporting unit, included in the UMS reportable segment, is considered at an increased risk of failing future quantitative goodwill impairment tests as an impairment was recorded during the most recent annual goodwill impairment test performed during the fourth quarter ended April 30, 2023. The Company’s annual impairment test for the fiscal year ending April 30, 2024 will be performed during the fourth quarter. The intangibles included in the MUAS reporting unit of $16,701,000 as of July 29, 2023 will also be evaluated for potential impairment during the fourth quarter.