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Goodwill And Intangible Assets
 6 Months Ended
Oct. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Intangible Assets
NOTE 5: GOODWILL AND INTANGIBLE ASSETS
Changes in the carrying amount of goodwill for the six months ended October 31, 2018 and 2017 are as follows:
(in 000s)
 
 
 
Goodwill

 
Accumulated Impairment Losses

 
Net

Balances as of April 30, 2018
 
$
540,168

 
$
(32,297
)
 
$
507,871

Acquisitions
 
624

 
—

 
624

Disposals and foreign currency changes, net
 
(1,304
)
 
—

 
(1,304
)
Impairments
 
—

 
—

 
—

Balances as of October 31, 2018
 
$
539,488

 
$
(32,297
)
 
$
507,191

 
 
 
 
 
 
 
Balances as of April 30, 2017
 
$
523,504

 
$
(32,297
)
 
$
491,207

Acquisitions
 
961

 
—

 
961

Disposals and foreign currency changes, net
 
891

 
—

 
891

Impairments
 
—

 
—

 
—

Balances as of October 31, 2017
 
$
525,356

 
$
(32,297
)
 
$
493,059

 
 
 
 
 
 
 

We test goodwill for impairment annually in our fourth quarter, or more frequently if events occur or circumstances change which would, more likely than not, reduce the fair value of a reporting unit below its carrying value.
Components of intangible assets are as follows:
(in 000s)
 
 
 
Gross
Carrying
Amount

 
Accumulated
Amortization

 
Net

As of October 31, 2018:
 
 
 
 
 
 
Reacquired franchise rights
 
$
339,719

 
$
(124,733
)
 
$
214,986

Customer relationships
 
256,739

 
(179,011
)
 
77,728

Internally-developed software
 
142,147

 
(117,060
)
 
25,087

Noncompete agreements
 
32,879

 
(30,596
)
 
2,283

Franchise agreements
 
19,201

 
(12,694
)
 
6,507

Purchased technology
 
54,700

 
(40,646
)
 
14,054

Acquired assets pending final allocation (1)
 
23,879

 
—

 
23,879

 
 
$
869,264

 
$
(504,740
)
 
$
364,524

As of October 31, 2017:
 
 
 
 
 
 
Reacquired franchise rights
 
$
331,290

 
$
(101,987
)
 
$
229,303

Customer relationships
 
234,909

 
(147,881
)
 
87,028

Internally-developed software
 
146,985

 
(117,162
)
 
29,823

Noncompete agreements
 
32,471

 
(28,644
)
 
3,827

Franchise agreements
 
19,201

 
(11,414
)
 
7,787

Purchased technology
 
54,700

 
(34,889
)
 
19,811

Acquired assets pending final allocation (1)
 
28,861

 
—

 
28,861

 
 
$
848,417

 
$
(441,977
)
 
$
406,440

As of April 30, 2018:
 
 
 
 
 
 
Reacquired franchise rights
 
$
339,779

 
$
(113,856
)
 
$
225,923

Customer relationships
 
256,137

 
(164,005
)
 
92,132

Internally-developed software
 
140,255

 
(111,734
)
 
28,521

Noncompete agreements
 
32,899

 
(29,673
)
 
3,226

Franchise agreements
 
19,201

 
(12,054
)
 
7,147

Purchased technology
 
54,700

 
(37,770
)
 
16,930

Acquired assets pending final allocation (1)
 
102

 
—

 
102

 
 
$
843,073

 
$
(469,092
)
 
$
373,981

 
 
 
 
 
 
 

(1)    Represents business acquisitions for which final purchase price allocations have not yet been determined.
During the six months ended October 31, 2018 and 2017, we made payments to acquire franchisee and competitor businesses totaling $24.5 million and $27.5 million, respectively.
Amortization of intangible assets for the three and six months ended October 31, 2018 was $17.6 million and $35.7 million, respectively. Amortization for the three and six months ended October 31, 2017 was $19.4 million and $38.7 million, respectively. Estimated amortization of intangible assets for fiscal years 2019, 2020, 2021, 2022 and 2023 is $69.7 million, $53.4 million, $38.0 million, $25.7 million and $13.4 million, respectively.