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Employee Benefit Plans
8 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans
14. EMPLOYEE BENEFIT PLANS

Defined Contribution Plan

We offer our eligible employees the opportunity to contribute to a 401(k) plan (“401(k) Plan”). Under the provisions of the 401(k) Plan participants may direct us to defer a portion of their compensation to the 401(k) Plan, subject to Internal Revenue Code limitations. We provide an employer matching contribution equal to fifty cents for every dollar an employee invests in the 401(k) Plan up to our maximum match of one thousand dollars per employee per calendar year, subject to revision. Participants vest in employer contributions ratably over a three year period. Employer contributions for transition period 2014, fiscal year 2014, fiscal year 2013 and fiscal year 2012 amounted to $497, $784, $645 and $603, respectively.

Employee Stock Purchase Plan

In the fiscal year ended April 30, 1998, we implemented our employee stock purchase plan. Under this plan, qualified employees may purchase shares of Class A common stock by payroll deduction at a 15% discount from the market price. As of December 31, 2014, an aggregate of 1,200 shares of Class A common stock have been reserved for this purpose. During transition period 2014, fiscal year 2014, fiscal year 2013 and fiscal year 2012, 79, 70, 76 and 65 shares, respectively, of Class A common stock were issued under this plan. As of December 31, 2014, 376 shares of Class A common stock were available for distribution under this plan.