Goodwill and Other Intangible Assets

12 Months Ended

Apr. 29, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

The changes in the carrying value of goodwill for each of our reporting units for the fiscal year ended April 29, 2023 were as follows:

	Balance at April 30, 2022		Acquisition Activity		Foreign Currency Translation		Balance at April 29, 2023
Dental	$	139,633	$	—	$	(522)	$	139,111
Animal Health	997		16,312		—		17,309
Total	$	140,630	$	16,312	$	(522)	$	156,420

Balances of other intangible assets, excluding goodwill, were as follows:

	April 29, 2023						April 30, 2022
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Unamortized - indefinite lived:
Trade name	$	12,300	$	—	$	12,300	$	12,300	$	—	$	12,300
Amortized - definite lived:
Customer relationships	380,205		205,524		174,681		366,969		181,280		185,689
Trade names and trademarks	135,876		107,519		28,357		132,996		95,903		37,093
Developed technology and other	52,920		36,385		16,535		65,757		48,225		17,532
Total amortized intangible assets	569,001		349,428		219,573		565,722		325,408		240,314
Total identifiable intangible assets	$	581,301	$	349,428	$	231,873	$	578,022	$	325,408	$	252,614

With respect to the amortized intangible assets, future amortization expense is expected to approximate $38,545, $38,540, $28,730, $27,337 and $26,770 for fiscal 2024, 2025, 2026, 2027 and 2028, respectively. Actual amounts of amortization expense may differ from estimated amounts due to additional intangible asset acquisitions, changes in foreign currency exchange rates, impairment of intangible assets, accelerated amortization of intangible assets and other events.