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GOODWILL AND INTANGIBLE ASSETS
9 Months Ended
Jan. 31, 2012
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 January 31, 2012:

 

 

 

April 30, 2011

 

Acquisitions

 

January 31, 2012

 

Eastern region

 

$

38

 

$

22

 

$

60

 

Western region

 

88,976

 

547

 

89,523

 

Recycling

 

12,190

 

 

12,190

 

Total

 

$

101,204

 

$

569

 

$

101,773

 

 

Intangible assets as of January 31, 2012 and April 30, 2011 consist of the following:

 

 

 

Covenants
Not to
Compete

 

Client Lists

 

Total

 

Balance, January 31, 2012

 

 

 

 

 

 

 

Intangible assets

 

$

15,601

 

$

3,093

 

$

18,694

 

Less accumulated amortization

 

(14,229

)

(1,326

)

(15,555

)

 

 

$

1,372

 

$

1,767

 

$

3,139

 

 

 

 

 

 

 

 

 

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 nine months ended January 31, 2012 and 2011 was $156, $204, $460 and $636, 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

 

$

 688

 

$

651

 

$

603

 

$

552

 

$

372

 

$

733