XML 31 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Oct. 28, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Roll-forward
The following table shows the roll-forward of goodwill in the financial statements as of October 28, 2017.
 
 
Automotive
 
Interface
 
Power
Products
 
Total
Balance as of April 29, 2017
 
$

 
$
0.6

 
$
1.0

 
$
1.6

Goodwill Acquired
 
66.6

 

 

 
66.6

Foreign Currency Translation
 
(1.5
)
 
0.1

 

 
(1.4
)
Balance as of October 28, 2017
 
$
65.1

 
$
0.7

 
$
1.0

 
$
66.8

Schedule of Intangible Assets
The following tables present details of the Company’s intangible assets.
 
 
As of October 28, 2017
 
 
Gross
 
Accumulated Amortization
 
Net
 
Wtd. Avg. Remaining Amortization Periods (Years)
Customer Relationships and Agreements
 
$
56.5

 
$
16.2

 
$
40.3

 
9.8
Trade Names, Patents and Technology Licenses
 
37.3

 
21.0

 
16.3

 
7.3
Total
 
$
93.8

 
$
37.2

 
$
56.6

 
 

 
 
As of April 29, 2017
 
 
Gross
 
Accumulated Amortization
 
Net
 
Wtd. Avg. Remaining Amortization Periods (Years)
Customer Relationships and Agreements
 
$
16.3

 
$
15.6

 
$
0.7

 
6.8
Trade Names, Patents and Technology Licenses
 
25.8

 
19.9

 
5.9

 
1.4
Covenants Not to Compete
 
0.1

 
0.1

 

 
0.4
Total
 
$
42.2

 
$
35.6

 
$
6.6

 
 
Schedule of Estimated Aggregate Amortization Expense of Intangible Assets
The estimated aggregate amortization expense for the current fiscal year and each of the four succeeding fiscal years is as follows:
2018
 
$
5.4

2019
 
$
7.3

2020
 
$
5.3

2021
 
$
5.3

2022
 
$
5.3