v3.25.0.1
Business Combinations (Tables)
 9 Months Ended
Jan. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of preliminary allocation of the consideration transferred
The following table summarizes the preliminary consideration transferred for the Company’s fiscal 2025 acquisitions:
(in thousands)
Cash$212,356 
Contingent consideration26,648 
Fair value of consideration transferred$239,004 
The following table summarizes the preliminary acquisition accounting for the Company’s fiscal 2025 acquisitions based on currently available information:
Preliminary
Acquisition
Accounting		AdjustmentsPreliminary
Acquisition
Accounting
(in thousands)
Cash$8,414 $— $8,414 
Trade accounts and notes receivable51,721 611 52,332 
Inventories10,731 (185)10,546 
Property and equipment22,392 — 22,392 
Other assets15,826 161 15,987 
Intangible assets102,563 14,000 116,563 
Goodwill83,217 (16,190)67,027 
Accounts payable and other liabilities(31,483)(181)(31,664)
Deferred income taxes(21,230)(1,363)(22,593)
Fair value of consideration transferred$242,151 $(3,147)$239,004 
Schedule of intangible assets acquired
The following table summarizes the preliminary components of intangible assets acquired in connection with the Company’s fiscal 2025 acquisitions (dollars in thousands):
Fair ValueWeighted Average Amortization Period (Years)
Customer relationships$101,440 11.6
Trade names13,276 15.0
Other1,847 5.0
Total intangible assets$116,563 11.9