GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Oct. 26, 2013

Goodwill And Intangible Assets Disclosure [Abstract]

NOTE 3 GOODWILL AND OTHER INTANGIBLE ASSETS

The goodwill balances and related activity by business segment as of April 27, 2013 and October 26, 2013 are as follows:


	Balance at April 27, 2013		Acquisition Activity & Divestitures			Translation And Other Activity			Balance at October 26, 2013
Dental Supply	$	137,867	$	649		$	(390	)	$	138,126
Rehabilitation Supply		549,020		(4,079	)		1,744			546,685
Veterinary Supply		136,853		17,670			598			155,121

Total	$	823,740	$	14,240		$	1,952		$	839,932

On August 22, 2013 Patterson Companies, Inc. announced a plan to divest certain non-core product lines in its medical segment (“Medical Restructuring”). The results for the second quarter of fiscal 2014 include charges of $6,650, including non-cash losses on the sale of assets of $5,114, the majority of which was goodwill.

Balances of other intangible assets excluding goodwill are as follows:


	October 26, 2013			April 27, 2013
Unamortized—indefinite lived:
Copyrights, trade names and trademarks	$	76,892		$	76,464
Amortized:
Distribution agreement, customer lists and other		288,519			235,781
Less: Accumulated amortization		(126,635	)		(115,589	)

Net amortized other intangible assets		161,884			120,192

Total identifiable intangible assets, net	$	238,776		$	196,656

Customer lists of $32,756, developed software of $2,693 and trade names of $48 were acquired during the second quarter of 2014.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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