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Goodwill and Intangible Assets | 9 Months Ended
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Jan. 31, 2020
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 nine months ended January 31, 2020 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 |
Adjustments |  |  | — |  |  |  | — |  |  |  | — |
Balance as of January 31, 2020 |  | $ | 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 January 31, 2020 and April 30, 2019 (in thousands):
|  | January 31, 2020 |  |  | April 30, 2019 |
|  | Gross |  |  |  |  |  |  |  |  |  |  | Gross |  |  |  |  |  |  |  |  |
|  | Carrying |  |  | Accumulated |  |  | Net Carrying |  |  | Carrying |  |  | Accumulated |  |  | Net Carrying |
|  | Amount |  |  | Amortization |  |  | Amount |  |  | Amount |  |  | Amortization |  |  | Amount |
Customer relationships |  | $ | 92,560 |  |  | $ | (50,325 | ) |  | $ | 42,235 |  |  | $ | 92,560 |  |  | $ | (41,643 | ) |  | $ | 50,917 |
Developed technology |  |  | 21,788 |  |  |  | (11,968 | ) |  |  | 9,820 |  |  |  | 21,230 |  |  |  | (10,428 | ) |  |  | 10,802 |
Patents, trademarks, and trade names |  |  | 57,775 |  |  |  | (32,859 | ) |  |  | 24,916 |  |  |  | 57,477 |  |  |  | (28,479 | ) |  |  | 28,998 |
Backlog |  |  | 1,150 |  |  |  | (1,150 | ) |  |  | — |  |  |  | 1,150 |  |  |  | (1,150 | ) |  |  | — |
|  |  | 173,273 |  |  |  | (96,302 | ) |  |  | 76,971 |  |  |  | 172,417 |  |  |  | (81,700 | ) |  |  | 90,717 |
Patents in progress |  |  | 1,045 |  |  |  | — |  |  |  | 1,045 |  |  |  | 897 |  |  |  | — |  |  |  | 897 |
Total definite-lived intangible assets |  |  | 174,318 |  |  |  | (96,302 | ) |  |  | 78,016 |  |  |  | 173,314 |  |  |  | (81,700 | ) |  |  | 91,614 |
Indefinite-lived intangible assets |  |  | 330 |  |  |  | — |  |  |  | 330 |  |  |  | 226 |  |  |  | — |  |  |  | 226 |
Total intangible assets |  | $ | 174,648 |  |  | $ | (96,302 | ) |  | $ | 78,346 |  |  | $ | 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 January 31, 2020 and 2019, respectively. Amortization expense, excluding amortization of deferred financing costs, amounted to $14.4 million and $16.5 million for the nine months ended January 31, 2020 and 2019, 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 |  | $ | 4,857 |
2021 |  |  | 16,795 |
2022 |  |  | 14,410 |
2023 |  |  | 11,855 |
2024 |  |  | 10,107 |
Thereafter |  |  | 18,947 |
Total |  | $ | 76,971 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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