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Goodwill and Intangible Assets | 6 Months Ended
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Oct. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | (5) Goodwill and Intangible Assets: The changes in the carrying amount of goodwill for the three and six months ended October 31, 2019 by reporting segment were as follows:
|  |  |  |  |  | Outdoor Products & |  |  |  |  |
|  | Firearms Segment |  |  | Accessories Segment |  |  | Total Goodwill |
Balance as of April 30, 2019 |  | $ | 19,024 |  |  | $ | 163,245 |  |  | $ | 182,269 |
Adjustments |  |  | — |  |  |  | (2 | ) |  |  | (2 | )
Balance as of July 31, 2019 |  |  | 19,024 |  |  |  | 163,243 |  |  |  | 182,267 |
Adjustments |  |  | — |  |  |  | — |  |  |  | — |
Balance as of October 31, 2019 |  | $ | 19,024 |  |  | $ | 163,243 |  |  | $ | 182,267 |
See Note 12 — Segment Reporting for more detail on segment financial information. The following table presents a summary of intangible assets as of October 31, 2019 and April 30, 2019 (in thousands):
|  | October 31, 2019 |  |  | April 30, 2019 |
|  | Gross |  |  |  |  |  |  |  |  |  |  | Gross |  |  |  |  |  |  |  |  |
|  | Carrying |  |  | Accumulated |  |  | Net Carrying |  |  | Carrying |  |  | Accumulated |  |  | Net Carrying |
|  | Amount |  |  | Amortization |  |  | Amount |  |  | Amount |  |  | Amortization |  |  | Amount |
Customer relationships |  | $ | 92,560 |  |  | $ | (47,312 | ) |  | $ | 45,248 |  |  | $ | 92,560 |  |  | $ | (41,643 | ) |  | $ | 50,917 |
Developed technology |  |  | 21,230 |  |  |  | (11,454 | ) |  |  | 9,776 |  |  |  | 21,230 |  |  |  | (10,428 | ) |  |  | 10,802 |
Patents, trademarks, and trade names |  |  | 57,747 |  |  |  | (31,399 | ) |  |  | 26,348 |  |  |  | 57,477 |  |  |  | (28,479 | ) |  |  | 28,998 |
Backlog |  |  | 1,150 |  |  |  | (1,150 | ) |  |  | — |  |  |  | 1,150 |  |  |  | (1,150 | ) |  |  | — |
|  |  | 172,687 |  |  |  | (91,315 | ) |  |  | 81,372 |  |  |  | 172,417 |  |  |  | (81,700 | ) |  |  | 90,717 |
Patents in progress |  |  | 964 |  |  |  | — |  |  |  | 964 |  |  |  | 897 |  |  |  | — |  |  |  | 897 |
Total definite-lived intangible assets |  |  | 173,651 |  |  |  | (91,315 | ) |  |  | 82,336 |  |  |  | 173,314 |  |  |  | (81,700 | ) |  |  | 91,614 |
Indefinite-lived intangible assets |  |  | 226 |  |  |  | — |  |  |  | 226 |  |  |  | 226 |  |  |  | — |  |  |  | 226 |
Total intangible assets |  | $ | 173,877 |  |  | $ | (91,315 | ) |  | $ | 82,562 |  |  | $ | 173,540 |  |  | $ | (81,700 | ) |  | $ | 91,840 |
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 $4.8 million and $5.5 million for the three months ended October 31, 2019 and 2018, respectively. Amortization expense, excluding amortization of deferred financing costs, amounted to $9.7 million and $11.0 million for the six months ended October 31, 2019 and 2018, respectively. Estimated amortization expense of intangible assets for the remainder of fiscal 2020 and succeeding fiscal years is as follows (in thousands):
Fiscal |  | Amount |
2020 |  | $ | 9,613 |
2021 |  |  | 16,608 |
2022 |  |  | 14,222 |
2023 |  |  | 11,856 |
2024 |  |  | 10,105 |
Thereafter |  |  | 18,968 |
Total |  | $ | 81,372 |

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