XML 32 R21.htm IDEA: XBRL DOCUMENT v3.7.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Jul. 29, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Roll-forward
The following table shows the roll-forward of goodwill in the financial statements as of July 29, 2017:
 
 
Automotive
 
Interface
 
Power
Products
 
Total
Balance as of April 29, 2017
 
$

 
$
0.6

 
$
1.0

 
$
1.6

Acquired
 
16.3

 

 

 
16.3

Impairment
 

 

 

 

Foreign Currency Translation
 

 
0.1

 

 
0.1

Balance as of July 29, 2017
 
$
16.3

 
$
0.7

 
$
1.0

 
$
18.0

Schedule of Intangible Assets
The following tables present details of the Company’s intangible assets:
 
 
As of July 29, 2017
 
 
Gross
 
Accumulated Amortization
 
Net
 
Wtd. Avg. Remaining Amortization Periods (Years)
Customer Relationships and Agreements
 
$
28.3

 
$
15.6

 
$
12.7

 
9.8
Trade Names, Patents and Technology Licenses
 
25.8

 
20.4

 
5.4

 
1.2
Covenants Not to Compete
 
0.1

 
0.1

 

 
0.2
Total
 
$
54.2

 
$
36.1

 
$
18.1

 
 

 
 
As of April 29, 2017
 
 
Gross
 
Accumulated Amortization
 
Net
 
Wtd. Avg. Remaining Amortization Periods (Years)
Customer Relationships and Agreements
 
$
16.3

 
$
15.6

 
$
0.7

 
6.8
Trade Names, Patents and Technology Licenses
 
25.8

 
19.9

 
5.9

 
1.4
Covenants Not to Compete
 
0.1

 
0.1

 

 
0.4
Total
 
$
42.2

 
$
35.6

 
$
6.6

 
 
Schedule of Estimated Aggregate Amortization Expense of Intangible Assets
The estimated aggregate amortization expense for the current fiscal year and each of the four succeeding fiscal years is as follows:
 
2018
 
$3.1
2019
 
$3.3
2020
 
$1.4
2021
 
$1.3
2022
 
$1.3