Commitments and Contingencies

12 Months Ended

Apr. 30, 2012

Commitments and Contingencies [Abstract]

Commitments and Contingencies

Note 17.Commitments and Contingencies

Operating Leases

The Company leases office space and equipment under non-cancelable operating lease arrangements expiring at various dates through fiscal 2017. Such leases generally have escalation clauses.Future minimum rental payments under these leases as of April 30, 2012 are as follows (in thousands):

Years Ending April 30,
2013	$	1,630
2014		1,490
2015		953
2016		979
2017		563
Thereafter		-
	$	5,615

Rent expense under operating leases was $1.6 million, $1.6 million and $927,800 for the years ended April 30, 2012, 2011 and 2010, respectively.

Capital Leases

The Company has entered into arrangements for equipment and office furniture under non-cancelable capital lease arrangements expiring at various dates through fiscal 2016. Future minimum rental payments under these leases as of April 30, 2012 are as follows (in thousands):

Years Ending April 30,
2013	$	360
2014		152
2015		128
2016		32
		672
Less amounts representing interest		(21)
	$	651

Assets capitalized through capital leases included in property and equipment at April 30, 2012 and 2011 consisted of the following (in thousands):

		2012		2011
Equipment	$	1,893	$	1,400
Furniture and leasehold improvements		115		115
		2,008		1,515
Less accumulated depreciation		(1,216)		(998)
Property and equipment, net	$	792	$	517

Litigation

The Company is subject to legal proceedings and claims that arise in the normal course of business. If such matters arise, the Company cannot assure that it would prevail in such matters, nor can it assure that any remedy could be reached on mutually agreeable terms, if at all. Due to the inherent uncertainties of litigation, were there any such matters, the Company would not be able to accurately predict their ultimate outcome. As of April 30, 2012, there were no current proceedings or litigation involving the Company that management believes would have a material adverse impact on its financial position, results of operations, or cash flows.