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GOODWILL AND INTANGIBLE ASSETS
6 Months Ended
Oct. 31, 2011
GOODWILL AND INTANGIBLE ASSETS  
GOODWILL AND INTANGIBLE ASSETS

3.                                      GOODWILL AND INTANGIBLE ASSETS

 

The following table shows the activity and balances related to goodwill from April 30, 2011 through October 31, 2011:

 

 

 

April 30, 2011

 

Acquisitions

 

October 31, 2011

 

Eastern region

 

$

38

 

$

22

 

$

60

 

Western region

 

88,976

 

103

 

89,079

 

Recycling

 

12,190

 

 

12,190

 

Total

 

$

101,204

 

$

125

 

$

101,329

 

 

Intangible assets as of October 31, 2011 and April 30, 2011 consist of the following:

 

 

 

Covenants
Not to
Compete

 

Client Lists

 

Total

 

Balance, October 31, 2011

 

 

 

 

 

 

 

Intangible assets

 

$

15,187

 

$

2,680

 

$

17,867

 

Less accumulated amortization

 

(14,141

)

(1,258

)

(15,399

)

 

 

$

1,046

 

$

1,422

 

$

2,468

 

 

 

 

 

 

 

 

 

Balance, April 30, 2011

 

 

 

 

 

 

 

Intangible assets

 

$

15,076

 

$

2,474

 

$

17,550

 

Less accumulated amortization

 

(13,966

)

(1,129

)

(15,095

)

 

 

$

1,110

 

$

1,345

 

$

2,455

 

 

Intangible amortization expense for the three and six months ended October 31, 2011 and 2010 was $151, $213, $304 and $432, respectively. The intangible amortization expense estimated for the five fiscal years following fiscal year 2011 and thereafter is as follows:

 

2012

 

2013

 

2014

 

2015

 

2016

 

Thereafter

 

$

589

 

$

532

 

$

484

 

$

434

 

$

256

 

$

477