Goodwill and Intangible Assets (Tables)

12 Months Ended

Apr. 30, 2012

Changes In Carrying Value Of Goodwill By Reportable Segment

Changes in the carrying value of goodwill by reportable segment were as follows:


	Executive Recruitment
	North America			EMEA			Asia Pacific		Subtotal			Futurestep			Consolidated
	(in thousands)
Balance as of April 30, 2010	$	88,612		$	50,389		$	972	$	139,973		$	32,300		$	172,273
Additions		3,000			—			—		3,000			—			3,000
Exchange rate fluctuations		1,958			3,519			—		5,477			3,202			8,679

Balance as of April 30, 2011		93,570			53,908			972		148,450			35,502			183,952
Additions		—			—			—		—			343			343
Deletion(1)		(586	)		—			—		(586	)		—			(586	)
Exchange rate fluctuations		(1,125	)		(3,244	)		—		(4,369	)		(3,002	)		(7,371	)

Balance as of April 30, 2012	$	91,859		$	50,664		$	972	$	143,495		$	32,843		$	176,338

(1)	During fiscal 2012, the Company sold a majority interest in a previously consolidated subsidiary, requiring the Company to deconsolidate the subsidiary and reduce goodwill by $0.6 million

Intangible assets

Intangible assets include the following:


	Weighted-Average Amortization Period		April 30,
	Weighted-Average Amortization Period		2012			2011
			(in thousands)
Amortized intangible assets:
Intellectual property		24 years	$	11,400		$	11,400
Customer lists		7 years		6,399			6,399
Proprietary databases		10 years		4,256			3,931
Trademarks(1)		5 years		1,186			1,186
Non-compete agreements		5 years		510			510

Total amortized intangible assets		16 years		23,751			23,426
Accumulated amortization				(7,128	)		(4,937	)

				16,623			18,489
Unamortized intangible assets:
Trademarks				3,800			3,800
Exchange rate fluctuations				(10	)		—

Intangible assets			$	20,413		$	22,289

(1)	During fiscal 2011, the Company wrote-off a trademark no longer in use with a net book value of $0.9 million, which is included as a component of general and administrative expenses in the accompanying consolidated statements of income.

Estimated Annual Amortization Expense Related To Amortizing Intangible Assets

Estimated annual amortization expense related to amortizing intangible assets is as follows:


Year Ending April 30,	Estimated Annual Amortization Expense
	(in thousands)
2013	$	2,183
2014		2,119
2015		1,855
2016		1,594
2017		980
Thereafter		7,892

	$	16,623

- Definition

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

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