Goodwill And Intangible Assets (Tables)

12 Months Ended

Apr. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule Of Goodwill

Changes in the carrying amount of goodwill for the years ended April 30, 2020 and 2019 are as follows:

(in 000s)
	Goodwill			Accumulated Impairment Losses			Net
Balances as of May 1, 2018	$	540,168		$	(32,297	)	$	507,871
Acquisitions	13,656			—			13,656
Disposals and foreign currency changes, net	(1,590		)	—			(1,590		)
Impairments	—			—			—
Balances as of April 30, 2019	552,234			(32,297		)	519,937
Acquisition of Wave	300,560			—			300,560
Other acquisitions	23,795			—			23,795
Disposals and foreign currency changes, net	(26,154		)	—			(26,154		)
Impairments	—			(106,000		)	(106,000		)
Balances as of April 30, 2020	$	850,435		$	(138,297	)	$	712,138

Schedule Of Intangible Assets

Components of intangible assets are as follows:

(in 000s)
As of April 30,	2020							2019
	Gross Carrying Amount		Accumulated Amortization			Net		Gross Carrying Amount		Accumulated Amortization			Net
Reacquired franchise rights	$	365,062	$	(159,754	)	$	205,308	$	350,410	$	(136,345	)	$	214,065
Customer relationships	314,191		(227,445		)	86,746		274,838		(195,174		)	79,664
Internally-developed software	154,083		(113,698		)	40,385		139,239		(109,885		)	29,354
Noncompete agreements	41,072		(33,639		)	7,433		33,376		(31,446		)	1,930
Franchise agreements	19,201		(14,614		)	4,587		19,201		(13,334		)	5,867
Purchased technology	122,700		(57,548		)	65,152		54,700		(43,518		)	11,182
Trade name	5,800		(483		)	5,317		—		—			—
Acquired assets pending final allocation (1)	48		—			48		431		—			431
	$	1,022,157	$	(607,181	)	$	414,976	$	872,195	$	(529,702	)	$	342,493

⁽¹⁾    Represents recent business acquisitions for which final purchase price allocations have not yet been determined.

Schedule Of Values and Weighted-average Lives of Assets Acquired

The amounts and weighted-average lives of assets acquired during fiscal year 2020, including amounts capitalized and placed in service related to internally-developed software, are as follows:

(dollars in 000s)
	Amount		Weighted-Average Life (in years)
Reacquired franchise rights	$	14,756	4
Customer relationships	19,080		5
Internally-developed software	14,196		3
Noncompete agreements	679		5
Total	$	48,711	4

Components of intangible assets are as follows:

(in 000s)
As of April 30,	2020							2019
	Gross Carrying Amount		Accumulated Amortization			Net		Gross Carrying Amount		Accumulated Amortization			Net
Reacquired franchise rights	$	365,062	$	(159,754	)	$	205,308	$	350,410	$	(136,345	)	$	214,065
Customer relationships	314,191		(227,445		)	86,746		274,838		(195,174		)	79,664
Internally-developed software	154,083		(113,698		)	40,385		139,239		(109,885		)	29,354
Noncompete agreements	41,072		(33,639		)	7,433		33,376		(31,446		)	1,930
Franchise agreements	19,201		(14,614		)	4,587		19,201		(13,334		)	5,867
Purchased technology	122,700		(57,548		)	65,152		54,700		(43,518		)	11,182
Trade name	5,800		(483		)	5,317		—		—			—
Acquired assets pending final allocation (1)	48		—			48		431		—			431
	$	1,022,157	$	(607,181	)	$	414,976	$	872,195	$	(529,702	)	$	342,493

⁽¹⁾    Represents recent business acquisitions for which final purchase price allocations have not yet been determined.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The assets acquired, net of liabilities assumed on the acquisition date, and the identified intangible assets and goodwill, are as follows:

($ in 000s)
	Amount Acquired			Weighted-Average Life (in years)
Assets acquired and liabilities assumed, net	$	3,928
Deferred tax liability	(8,126		)
Purchased technology	68,000			10
Customer relationships	23,000			5
Non-compete agreements	7,070			5
Trade name	5,800			10
Total identifiable net assets	99,672
Goodwill (1)	300,560
Total identifiable assets and goodwill	$	400,232

⁽¹⁾    See discussion of Wave's goodwill impairment of $106.0 million above.