v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Apr. 30, 2026
GOODWILL AND INTANGIBLE ASSETS  
Schedule of intangible assets excluding goodwill

The following summarizes our intangible assets, excluding goodwill, recorded as intangible assets on our Consolidated Balance Sheets as of the periods presented below (in thousands):

 

 

April 30, 2026

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Weighted-average remaining life (Years)

 

Trade name

 

$

45,000

 

 

N/A

 

 

$

45,000

 

 

Indefinite

 

Customer relationships

 

 

50,000

 

 

 

(7,267

)

 

 

42,733

 

 

 

11.2

 

Total

 

$

95,000

 

 

$

(7,267

)

 

$

87,733

 

 

 

 

 

 

April 30, 2025

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Weighted-average remaining life (Years)

 

Trade name

 

$

45,000

 

 

N/A

 

 

$

45,000

 

 

Indefinite

 

Customer relationships

 

 

50,000

 

 

 

(3,419

)

 

 

46,581

 

 

 

12.2

 

Total

 

$

95,000

 

 

$

(3,419

)

 

$

91,581

 

 

 

 

Schedule of Estimated amortization expense of the intangible assets to be recognized

Estimated amortization expense of the intangible assets to be recognized by the Company are (in thousands):

 

Fiscal Year Ended April 30,

 

 

 

2027

 

$

3,846

 

2028

 

 

3,846

 

2029

 

 

3,846

 

2030

 

 

3,846

 

2031

 

 

3,846

 

Thereafter

 

 

23,503

 

Total

 

$

42,733