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Goodwill And Intangible Assets (Tables) | 12 Months Ended
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Apr. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule Of Goodwill | Changes in the carrying amount of goodwill for the years ended April 30, 2021 and 2020 are as follows:
(in 000s)
|  | Goodwill |  | Accumulated Impairment Losses |  | Net
Balances as of May 1, 2019 |  | $ | 552,234 |  |  | $ | (32,297) |  |  | $ | 519,937 |
Acquisition of Wave |  | 300,560 |  |  | — |  |  | 300,560 |
Other acquisitions |  | 23,795 |  |  | — |  |  | 23,795 |
Disposals and foreign currency changes, net |  | (26,154) |  |  | — |  |  | (26,154) |
Impairments |  | — |  |  | (106,000) |  |  | (106,000) |
Balances as of April 30, 2020 |  | 850,435 |  |  | (138,297) |  |  | 712,138 |
Acquisitions |  | 6,948 |  |  | — |  |  | 6,948 |
Disposals and foreign currency changes, net |  | 38,573 |  |  | — |  |  | 38,573 |
Impairments |  | — |  |  | — |  |  | — |
Balances as of April 30, 2021 |  | $ | 895,956 |  |  | $ | (138,297) |  |  | $ | 757,659 |
Schedule Of Intangible Assets | Components of intangible assets are as follows:
(in 000s)
As of April 30, |  | 2021 |  | 2020
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Reacquired franchise rights |  | $ | 370,112 |  |  | $ | (179,356) |  |  | $ | 190,756 |  |  | $ | 365,062 |  |  | $ | (159,754) |  |  | $ | 205,308 |
Customer relationships |  | 316,508 |  |  | (251,160) |  |  | 65,348 |  |  | 314,191 |  |  | (227,445) |  |  | 86,746 |
Internally-developed software |  | 156,308 |  |  | (116,126) |  |  | 40,182 |  |  | 154,083 |  |  | (113,698) |  |  | 40,385 |
Noncompete agreements |  | 41,212 |  |  | (35,484) |  |  | 5,728 |  |  | 41,072 |  |  | (33,639) |  |  | 7,433 |
Franchise agreements |  | 19,201 |  |  | (15,894) |  |  | 3,307 |  |  | 19,201 |  |  | (14,614) |  |  | 4,587 |
Purchased technology |  | 122,700 |  |  | (72,609) |  |  | 50,091 |  |  | 122,700 |  |  | (57,548) |  |  | 65,152 |
Trade name |  | 5,800 |  |  | (1,064) |  |  | 4,736 |  |  | 5,800 |  |  | (483) |  |  | 5,317 |
Acquired assets pending final allocation (1) |  | — |  |  | — |  |  | — |  |  | 48 |  |  | — |  |  | 48 |
|  | $ | 1,031,841 |  |  | $ | (671,693) |  |  | $ | 360,148 |  |  | $ | 1,022,157 |  |  | $ | (607,181) |  |  | $ | 414,976 |
(1) Represents recent business acquisitions for which final purchase price allocations have not yet been determined.
Schedule Of Values and Weighted-average Lives of Assets Acquired | Components of intangible assets are as follows:
(in 000s)
As of April 30, |  | 2021 |  | 2020
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Reacquired franchise rights |  | $ | 370,112 |  |  | $ | (179,356) |  |  | $ | 190,756 |  |  | $ | 365,062 |  |  | $ | (159,754) |  |  | $ | 205,308 |
Customer relationships |  | 316,508 |  |  | (251,160) |  |  | 65,348 |  |  | 314,191 |  |  | (227,445) |  |  | 86,746 |
Internally-developed software |  | 156,308 |  |  | (116,126) |  |  | 40,182 |  |  | 154,083 |  |  | (113,698) |  |  | 40,385 |
Noncompete agreements |  | 41,212 |  |  | (35,484) |  |  | 5,728 |  |  | 41,072 |  |  | (33,639) |  |  | 7,433 |
Franchise agreements |  | 19,201 |  |  | (15,894) |  |  | 3,307 |  |  | 19,201 |  |  | (14,614) |  |  | 4,587 |
Purchased technology |  | 122,700 |  |  | (72,609) |  |  | 50,091 |  |  | 122,700 |  |  | (57,548) |  |  | 65,152 |
Trade name |  | 5,800 |  |  | (1,064) |  |  | 4,736 |  |  | 5,800 |  |  | (483) |  |  | 5,317 |
Acquired assets pending final allocation (1) |  | — |  |  | — |  |  | — |  |  | 48 |  |  | — |  |  | 48 |
|  | $ | 1,031,841 |  |  | $ | (671,693) |  |  | $ | 360,148 |  |  | $ | 1,022,157 |  |  | $ | (607,181) |  |  | $ | 414,976 |
(1) Represents recent business acquisitions for which final purchase price allocations have not yet been determined. The amounts and weighted-average lives of assets acquired during fiscal year 2021, including amounts capitalized and placed in service related to internally-developed software, are as follows:
(dollars in 000s)
|  | Amount |  | Weighted-Average Life (in years)
Internally-developed software |  | $ | 14,919 |  |  | 3
Customer relationships |  | 8,987 |  |  | 5
Reacquired franchise rights |  | 5,941 |  |  | 5
Noncompete agreements |  | 348 |  |  | 5
Total |  | $ | 30,195 |  |  | 4
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The assets acquired, net of liabilities assumed on the acquisition date, and the identified intangible assets and goodwill, are as follows:
(dollars in 000s)
|  | Amount Acquired |  | Weighted-Average Life (in years)
Assets acquired and liabilities assumed, net |  | $ | 3,928 |  |  |
Deferred tax liability |  | (8,126) |  |  |
Purchased technology |  | 68,000 |  |  | 10
Customer relationships |  | 23,000 |  |  | 5
Non-compete agreements |  | 7,070 |  |  | 5
Trade name |  | 5,800 |  |  | 10
Total identifiable net assets |  | 99,672 |  |  |
Goodwill (1) |  | 300,560 |  |  |
Total identifiable assets and goodwill |  | $ | 400,232 |  |  |
(1) See discussion of Wave's goodwill impairment of $106.0 million in fiscal year 2020 above.

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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