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Intangible Assets
3 Months Ended
Jul. 31, 2015
Intangible Assets [Abstract]  
Intangible Assets

3.Intangible Assets    

    

Intangible asset balances by major asset class are as follows (in thousands):     

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

Net

 

 

carrying

 

Accumulated

 

carrying

July 31, 2015

 

amount

 

amortization

 

amount

Customer-related

$

6,236 

$

(5,218)

$

1,018 

Technology-based

 

2,638 

 

(2,418)

 

220 

Trademarks

 

4,600 

 

(2,071)

 

2,529 

Trade name

 

100 

 

(100)

 

 -

Total

$

13,574 

$

(9,807)

$

3,767 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

Net

 

 

carrying

 

Accumulated

 

carrying

April 30, 2015

 

amount

 

amortization

 

amount

Customer-related

$

6,236 

$

(5,083)

$

1,153 

Technology-based

 

2,638 

 

(2,346)

 

292 

Trademarks

 

4,600 

 

(1,943)

 

2,657 

Trade name

 

100 

 

(100)

 

 -

Total

$

13,574 

$

(9,472)

$

4,102 

 

 

 

 

 

 

 

 

 

 

Acquired finite-lived intangible assets are generally amortized on a straight-line basis over their estimated useful lives. The useful life of finite-lived intangible assets is the period over which the asset is expected to contribute directly or indirectly to future cash flows of the Company.  Intangible amortization expense for the three months ended July 31, 2015 and 2014, was $0.3 million and $0.4 million, respectively.  The estimated future amortization expense related to intangible assets as of July 31, 2015, is as follows (in thousands):

 

 

 

 

Fiscal Year Ending April 30,

 

Amount

Remainder of 2016

$

761 

2017

 

814 

2018

 

774 

2019

 

774 

2020

 

558 

Thereafter

 

86 

Total

$

3,767