|
Subsequent Events
|
6 Months Ended |
|---|---|
|
Oct. 31, 2012
|
|
| Subsequent Events [Abstract] | |
| Subsequent Events |
10. Subsequent Events On November 5, 2012, the Company acquired Longboard Media, Inc., or Longboard Media, a full service media management network for retailers, shopping publishers and advertisers. The Company paid approximately $26.9 million in cash and issued approximately 0.5 million shares of common stock for the acquisition. At the Company’s share price on November 2, 2012, the value of the transaction is approximately $32.7 million. In the event that Longboard Media achieves certain goals with respect to its performance through December 31, 2013, the equityholders of Longboard Media may receive up to an additional $11.0 million in cash. |