XML 84 R33.htm IDEA: XBRL DOCUMENT

Acquisition (Tables)

9 Months Ended

Jan. 31, 2020

The following table provides a summary of the net assets acquired:

	(in thousands)
Current assets⁽¹⁾	$	44,475
Long-term assets		16,413
Intangibles assets⁽²⁾		45,400
Current liabilities		29,502
Long-term liabilities		5,720
Net assets acquired		71,066
Purchase price		108,602
Goodwill⁽³⁾	$	37,536

⁽¹⁾	^{Included in current assets is acquired receivables in the amount of $41.1 million.}

⁽²⁾

^{Acquisition-related intangible assets acquired in connection with the acquisition of the Acquired Companies consists of intellectual property, customer relationships and tradenames of $36.0 million, $6.2 million, and $3.2 million, respectively, with weighted-average useful lives from the date of purchase of seven years, ten years, and nine years, respectively.}

⁽³⁾	^{Tax deductible goodwill from the acquisition was $37.1 million as of January 31, 2020.}