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Goodwill and Other Intangible Assets
 9 Months Ended
Jan. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
In connection with the Nu Aire Acquisition, on November 1, 2024, the Company recorded goodwill of $14.2 million on its Condensed Consolidated Balance Sheet. See Note C, Nu Aire Acquisition for additional information. No impairment losses on goodwill were recorded during the three months ended January 31, 2025. The ending balance of goodwill at January 31, 2025 was approximately $14.2 million.
Also in connection with the Nu Aire Acquisition, the Company recorded other intangible assets on November 1, 2024 of $18.6 million on its Condensed Consolidated Balance Sheet. See Note C, Nu Aire Acquisition for additional information. The gross carrying amount and accumulated amortization of the Company's intangible assets other than goodwill as of January 31, 2025 were as follows:
January 31, 2025
($ in thousands)Estimated Useful LifeGross Carrying AmountAccumulated AmortizationNet Book Value
Customer relationships10 years$9,800 $(245)$9,555 
Trade names and trademarksindefinite4,900 — 4,900 
Developed technology7 years3,900 (139)3,761 
Total$18,600 $(384)$18,216 
Expected future amortization expense related to intangible assets, net as of January 31, 2025, excluding trade names and trademarks, are as follows:
($ in thousands)
Remainder of fiscal 2025
$384 
20261,537 
20271,537 
20281,537 
20291,537 
Thereafter6,784 
Total$13,316