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Business Combinations (Tables)
12 Months Ended
Apr. 30, 2014
Business Combinations [Abstract]  
Schedule of Purchase Price Paid for Acquisitions

The purchase price paid for these acquisitions during fiscal years 2014 and 2013 and the allocation of the purchase price is as follows:

 

     Fiscal Year Ended April 30,  
     2014     2013  

Purchase Price:

    

Cash used in acquisitions, net of cash acquired

   $ 7,860      $ 25,225   

Common stock issued

     —          2,650   

Other non-cash considerations

     555        —     

Contingent consideration and holdbacks (1)

     1,653        33   
  

 

 

   

 

 

 

Total

     10,068        27,908   

Current assets

     814        1,422   

Equipment

     2,010        9,423   

Other liabilities, net

     (241     (7,009

Intangible assets

     4,302        9,850   
  

 

 

   

 

 

 

Fair value of assets acquired and liabilities assumed

     6,885        13,686   
  

 

 

   

 

 

 

Excess purchase price to be allocated to goodwill

   $ 3,183      $ 14,222   
  

 

 

   

 

 

 

 

(1) In the fourth quarter of fiscal year 2014, we recovered a portion of the purchase price holdback amount we had previously paid and were relieved of any potential contingent consideration obligation associated with the acquisition of an industrial service management business completed earlier in fiscal year 2014. As a result, we recorded a $1,058 gain on settlement of acquisition related contingent consideration in fiscal year 2014.
Schedule of Unaudited Pro forma Combined Information

The following unaudited pro forma combined information shows the results of our continuing operations for fiscal years 2014 and 2013 as though each of the acquisitions completed in fiscal years 2014 and 2013 had occurred as of May 1, 2012.

 

     Fiscal Year Ended
April 30,
 
     2014     2013  

Revenue

   $ 501,713      $ 478,039   

Operating income

   $ 12,698      $ 14,748   

Net loss attributable to common stockholders

   $ (22,779   $ (53,763

Basic and diluted loss per common share attributable to common stockholders

   $ (0.57   $ (1.58
  

 

 

   

 

 

 

Basic and diluted weighted average shares outstanding

     39,820        34,015