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Intangible Assets (Tables)
6 Months Ended 11 Months Ended
Oct. 31, 2015
Apr. 30, 2015
Intangible Assets [Abstract]    
Schedule of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 31, 2015

 

 

April 30, 2015

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

Estimated

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

Useful Lives

(in millions)

 

 

Amounts

 

 

Amortization

 

 

Net (1)

 

 

Amounts

 

 

Amortization

 

 

Net

 

(in years)

Customer contracts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   and relationships

 

$

1,991.7 

 

$

1,223.4 

 

$

768.3 

 

$

1,735.2 

 

$

1,168.4 

 

$

566.8 

 

 2 - 15

Acquired and

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   developed technology

 

 

1,117.5 

 

 

893.7 

 

 

223.8 

 

 

1,029.2 

 

 

868.5 

 

 

160.7 

 

 2 - 11

Tradenames

 

 

137.9 

 

 

128.9 

 

 

9.0 

 

 

132.6 

 

 

129.1 

 

 

3.5 

 

 1 - 20 

   Total

 

$

3,247.1 

 

$

2,246.0 

 

$

1,001.1 

 

$

2,897.0 

 

$

2,166.0 

 

$

731.0 

 

 

 

 


 

(1)Net intangible assets decreased from April 30, 2015 to October 31, 2015 by approximately $5.8 million due to cumulative foreign currency translation adjustments, reflecting movement in the currencies of the applicable underlying entities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

April 30, 2015

 

 

 

 

 

May 31, 2014

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

Estimated

 

 

Carrying

 

Accumulated

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

Useful Lives

(in millions)

 

Amounts

 

Amortization

 

Net (1)

 

 

 

 

 

Amounts

 

 

Amortization

 

 

Net

 

(in years)

Customer contracts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   and relationships

 

$

1,735.2 

 

$

1,168.4 

 

$

566.8 

 

 

 

 

$

1,840.2 

 

$

1,118.2 

 

$

722.0 

 

 2 - 15

Acquired and

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   developed technology

 

 

1,029.2 

 

 

868.5 

 

 

160.7 

 

 

 

 

 

1,082.4 

 

 

859.0 

 

 

223.4 

 

 2 - 11

Tradenames

 

 

132.6 

 

 

129.1 

 

 

3.5 

 

 

 

 

 

137.6 

 

 

132.3 

 

 

5.3 

 

 1 - 20 

   Total

 

$

2,897.0 

 

$

2,166.0 

 

$

731.0 

 

 

 

 

$

3,060.2 

 

$

2,109.5 

 

$

950.7 

 

 

 

 

(1)Net intangible assets decreased from May 31, 2014, to April 30, 2015, by approximately $42.4 million due to cumulative foreign currency translation adjustments, reflecting movement in the currencies of the applicable underlying entities. 

Amortization expense by asset type

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

 

 

October 31,

 

 

October 31,

(in millions)

 

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer contracts and relationships

 

 

 

$

34.3 

 

$

35.9 

 

$

67.0 

 

$

73.1 

Acquired and developed technology

 

 

 

 

16.1 

 

 

17.8 

 

 

32.5 

 

 

36.2 

Tradenames

 

 

 

 

0.3 

 

 

0.3 

 

 

0.4 

 

 

2.0 

   Total

 

 

 

$

50.7 

 

$

54.0 

 

$

99.9 

 

$

111.3 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11 Months Ended

 

 

Year Ended May 31,

 

 

(in millions)

 

 

April 30, 2015

 

 

2014

 

 

2013

 

 

Customer contracts and relationships

 

$

129.1 

 

$

153.1 

 

$

161.0 

 

 

Acquired and developed technology

 

 

64.3 

 

 

72.2 

 

 

75.4 

 

 

Tradenames

 

 

1.5 

 

 

9.4 

 

 

9.7 

 

 

   Total

 

$

194.9 

 

$

234.7 

 

$

246.1 

 

 

 

Estimated future amortization expense

 

 

 

 

 

 

 

(in millions)

 

 

 

 

 

 

Fiscal 2016 (remaining 6 months)

 

 

 

 

$

110.8 

Fiscal 2017

 

 

 

 

 

179.8 

Fiscal 2018

 

 

 

 

 

132.4 

Fiscal 2019

 

 

 

 

 

115.2 

Fiscal 2020

 

 

 

 

 

106.5 

Fiscal 2021

 

 

 

 

 

100.5 

Thereafter

 

 

 

 

 

255.9 

   Total

 

 

 

 

$

1,001.1 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in millions)

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal 2016

 

 

 

 

$

187.4 

 

 

 

 

 

 

Fiscal 2017

 

 

 

 

 

139.6 

 

 

 

 

 

 

Fiscal 2018

 

 

 

 

 

92.9 

 

 

 

 

 

 

Fiscal 2019

 

 

 

 

 

78.1 

 

 

 

 

 

 

Fiscal 2020

 

 

 

 

 

70.9 

 

 

 

 

 

 

Thereafter

 

 

 

 

 

162.1 

 

 

 

 

 

 

   Total

 

 

 

 

$

731.0