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Intangible Assets
12 Months Ended
Apr. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

10. Intangible Assets

 

The following table presents a summary of intangible assets as of April 30, 2017 and 2016 (in thousands):

 

 

 

April 30, 2017

 

 

April 30, 2016

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Customer relationships

 

$

 

105,260

 

 

$

 

(16,463

)

 

$

 

88,797

 

 

$

 

28,560

 

 

$

 

(6,423

)

 

$

 

22,137

 

Developed technology

 

 

 

19,430

 

 

 

 

(5,436

)

 

 

 

13,994

 

 

 

 

16,430

 

 

 

 

(2,890

)

 

 

 

13,540

 

Patents, trademarks, and trade

   names

 

 

 

53,308

 

 

 

 

(15,619

)

 

 

 

37,689

 

 

 

 

36,076

 

 

 

 

(9,262

)

 

 

 

26,814

 

Backlog

 

 

 

1,150

 

 

 

 

(1,150

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

179,148

 

 

 

 

(38,668

)

 

 

 

140,480

 

 

 

 

81,066

 

 

 

 

(18,575

)

 

 

 

62,491

 

Patents in progress

 

 

 

611

 

 

 

 

 

 

 

 

611

 

 

 

 

433

 

 

 

 

 

 

 

 

433

 

Total definite-lived intangible

   assets

 

 

 

179,759

 

 

 

 

(38,668

)

 

 

 

141,091

 

 

 

 

81,499

 

 

 

 

(18,575

)

 

 

 

62,924

 

Indefinite-lived intangible assets

 

 

 

226

 

 

 

 

 

 

 

 

226

 

 

 

 

 

 

 

 

 

 

 

 

 

Total intangible assets

 

$

 

179,985

 

 

$

 

(38,668

)

 

$

 

141,317

 

 

$

 

81,499

 

 

$

 

(18,575

)

 

$

 

62,924

 

 

We amortize intangible assets with determinable lives over a weighted-average period of approximately five years. The weighted-average periods of amortization by intangible asset class is approximately five years for customer relationships, six years for developed technology, and five years for patents, trademarks, and trade names. Amortization expense, excluding amortization of deferred financing costs, amounted to $20.1 million, $10.7 million, and $4.6 million for the fiscal years ended April 30, 2017, 2016, and 2015, respectively.

The following table represents future expected amortization expense as of April 30, 2017, which will primarily be recorded in our Outdoor Products & Accessories segment (in thousands):

 

Fiscal

 

 

Amount

 

2018

 

$

 

22,937

 

2019

 

 

 

23,199

 

2020

 

 

 

20,367

 

2021

 

 

 

17,552

 

2022

 

 

 

14,836

 

Thereafter

 

 

 

41,589

 

Total

 

$

 

140,480