Commitments and Contingencies

12 Months Ended

Apr. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Commitments And Contingencies

Note 16. 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, 2013 are as follows (in thousands):

Years Ending April 30,
2014	$	1,543
2015		953
2016		980
2017		563
Thereafter		-
	$	4,039

Rent expense under operating leases was $1.5 million, $1.6 million and $1.6 million for the years ended April 30, 2013, 2012 and 2011, 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 payments under these leases as of April 30, 2013 are as follows (in thousands):

Years Ending April 30,
2014	$	152
2015		128
2016		32
Therafter		-
		312
Less amounts representing interest		(6)
	$	306

Assets capitalized through capital leases included in property and equipment at April 30, 2013 and 2012 consisted of the following (in thousands):

		2013		2012
Equipment	$	1,893	$	1,893
Furniture and leasehold improvements		115		115
		2,008		2,008
Less accumulated depreciation		(1,532)		(1,216)
Property and equipment, net	$	476	$	792

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 may not be able to accurately predict their ultimate outcome. As of April 30, 2013, 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.