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Fee Revenue (Tables)
3 Months Ended
Jul. 31, 2019
Revenue From Contract With Customer [Abstract]  
Schedule of Contract Asset and Liability

The following table outlines our contract asset and liability balances as of July 31, 2019 and April 30, 2019:

 

 

July 31, 2019

 

 

April 30, 2019

 

 

 

(in thousands)

 

Contract assets (unbilled receivables)

 

$

72,508

 

 

$

60,595

 

Contract liabilities (deferred revenue)

 

$

112,676

 

 

$

112,999

 

Schedule of Disaggregation of Fee Revenue by Industry

The following table provides further disaggregation of fee revenue by industry:

 

 

Three Months Ended July 31,

 

 

 

2019

 

 

2018

 

 

 

Dollars

 

 

%

 

 

Dollars

 

 

%

 

 

 

(dollars in thousands)

 

Industrial

 

$

139,907

 

 

 

28.9

%

 

$

135,730

 

 

 

29.1

%

Financial Services

 

 

86,876

 

 

 

17.9

 

 

 

81,390

 

 

 

17.5

 

Life Sciences/Healthcare

 

 

82,114

 

 

 

16.9

 

 

 

79,160

 

 

 

17.0

 

Consumer Goods

 

 

71,833

 

 

 

14.8

 

 

 

71,586

 

 

 

15.4

 

Technology

 

 

69,095

 

 

 

14.3

 

 

 

62,819

 

 

 

13.5

 

Education/Non-Profit

 

 

30,761

 

 

 

6.4

 

 

 

30,579

 

 

 

6.6

 

General

 

 

3,963

 

 

 

0.8

 

 

 

4,304

 

 

 

0.9

 

Fee Revenue

 

$

484,549

 

 

 

100.0

%

 

$

465,568

 

 

 

100.0

%