Goodwill and Intangible Assets

6 Months Ended

Oct. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

3.	GOODWILL AND INTANGIBLE ASSETS

The following table shows the activity and balances related to goodwill from April 30, 2014 through October 31, 2014:


	April 30, 2014		Acquisitions		October 31, 2014
Eastern region	$	17,429	$	—	$	17,429
Western region		87,666		31		87,697
Recycling		12,315		—		12,315
Other		1,729		—		1,729

Total	$	119,139	$	31	$	119,170

Intangible assets as of October 31, 2014 and April 30, 2014 consisted of the following:


	Covenants Not-to-Compete			Client Lists			Total
Balance, October 31, 2014
Intangible assets	$	17,296		$	16,075		$	33,371
Less accumulated amortization		(15,638	)		(5,421	)		(21,059	)

	$	1,658		$	10,654		$	12,312


	Covenants Not-to-Compete			Client Lists			Total
Balance, April 30, 2014
Intangible assets	$	17,245		$	15,760		$	33,005
Less accumulated amortization		(15,363	)		(4,222	)		(19,585	)

	$	1,882		$	11,538		$	13,420

Intangible amortization expense was $737 and $1,474 during the three and six months ended October 31, 2014, respectively, as compared to $586 and $1,109 during the three and six months ended October 31, 2013.


Estimated Future Amortization Expense as of October 31, 2014:
For the eight-month transition period ending December 31, 2014	$	502
For the fiscal year ending December 31, 2015	$	2,569
For the fiscal year ending December 31, 2016	$	2,045
For the fiscal year ending December 31, 2017	$	1,783
For the fiscal year ending December 31, 2018	$	1,582
Thereafter	$	3,831

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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