Intangible Assets

3 Months Ended

Jul. 31, 2014

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

2. INTANGIBLE ASSETS

Intangible assets as of July 31, 2014 and April 30, 2014 consisted of the following:

	Covenants Not-to-Compete			Client Lists			Total
Balance, July 31, 2014
Intangible assets	$	17,248		$	15,806		$	33,054
Less accumulated amortization		(15,500	)		(4,821	)		(20,321	)
	$	1,748		$	10,985		$	12,733

	Covenants Not-to-Compete			Client Lists			Total
Balance, April 30, 2014
Intangible assets	$	17,245		$	15,760		$	33,005
Less accumulated amortization		(15,363	)		(4,222	)		(19,585	)
	$	1,882		$	11,538		$	13,420

Estimated Amortization Expense as of July 31, 2014:
For the eight-month transition period ending December 31, 2014	$	1,227
For the fiscal year ending December 31, 2015	$	2,531
For the fiscal year ending December 31, 2016	$	2,009
For the fiscal year ending December 31, 2017	$	1,749
For the fiscal year ending December 31, 2018	$	1,547
Thereafter	$	3,670

Intangible amortization expense for the three months ended July 31, 2014 and 2013 was $736 and $522, respectively.