v3.26.1
Intangible Assets, net
3 Months Ended
Jul. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets, net Intangible Assets, net:
The following table summarizes intangible assets as of July 31, 2026 and April 30, 2026 (in thousands):
July 31, 2026April 30, 2026
Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Customer relationships$77,380 $(73,977)$3,403 $77,380 $(73,516)$3,864 
Developed software and technology28,358 (24,501)3,857 28,354 (24,076)4,278 
Patents, trademarks, and trade names70,620 (58,376)12,244 70,504 (57,775)12,730 
176,358 (156,854)19,504 176,239 (155,367)20,872 
Patents and software in development2,406 — 2,406 2,225 — 2,225 
Total definite-lived intangible assets178,764 (156,854)21,910 178,463 (155,367)23,097 
Indefinite-lived intangible assets430 — 430 430 — 430 
Total intangible assets$179,194 $(156,854)$22,340 $178,894 $(155,367)$23,527 
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 software and technology, and six years for patents, trademarks, and trade names. Amortization expense amounted to $1.5 million and $2.1 million for the three months ended July 31, 2026 and 2025, respectively.
Future expected amortization expense for the remainder of fiscal 2027 and for succeeding fiscal years, as of July 31, 2026, are as follows (in thousands):
FiscalAmount
2027$4,409 
20284,484 
20293,058 
20302,317 
20311,458 
20321,173 
Thereafter2,605 
Total$19,504