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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Apr. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Carrying Value of Goodwill by Reportable Segment | Changes in the carrying value of goodwill by reportable segment were as follows:
| Consulting |  | Digital |  | Executive Search |  | Professional Search & Interim |  | RPO |  | Consolidated
|  |  | North America |  | EMEA |  | Asia Pacific |  |  |
| (in thousands)
Balance as of May 1, 2022 | $ | 172,970 |  |  | $ | 325,354 |  |  | $ | 47,564 |  |  | $ | 46,572 |  |  | $ | 972 |  |  | $ | 69,856 |  |  | $ | 62,304 |  |  | $ | 725,592 |
Additions (1) | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 184,519 |  |  | — |  |  | 184,519 |
Exchange rate fluctuations | 123 |  |  | 204 |  |  | (1,327) |  |  | (171) |  |  | — |  |  | 291 |  |  | 260 |  |  | (620) |
Balance as of April 30, 2023 | 173,093 |  |  | 325,558 |  |  | 46,237 |  |  | 46,401 |  |  | 972 |  |  | 254,666 |  |  | 62,564 |  |  | 909,491 |
Exchange rate fluctuations | (99) |  |  | (171) |  |  | (83) |  |  | (155) |  |  | — |  |  | (321) |  |  | (286) |  |  | (1,115) |
Balance as of April 30, 2024 | $ | 172,994 |  |  | $ | 325,387 |  |  | $ | 46,154 |  |  | $ | 46,246 |  |  | $ | 972 |  |  | $ | 254,345 |  |  | $ | 62,278 |  |  | $ | 908,376 |
_______________________________ (1)Additions to goodwill in fiscal 2023 were due to $68.3 million and $116.2 million from the acquisitions of Infinity Consulting Solutions ("ICS") and Salo LLC ("Salo"), respectively.
Business Combination, Segment Allocation | Tax deductible goodwill from acquisitions were as follows:
| April 30,
| 2024 |  | 2023
| (in thousands)
PIVOT Leadership | $ | 4,497 |  |  | $ | 5,182 |
Miller Heiman | 14,852 |  |  | 16,266 |
ICS | 60,339 |  |  | 64,893 |
Salo | 106,526 |  |  | 114,274 |
Total tax deductible goodwill from acquisitions | $ | 186,214 |  |  | $ | 200,615 |
Intangible Assets | Intangible assets include the following:
| April 30, 2024 |  | April 30, 2023
| (in thousands)
Amortized intangible assets: | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Customer lists | $ | 192,099 |  |  | $ | (121,977) |  |  | $ | 70,122 |  |  | $ | 192,099 |  |  | $ | (104,429) |  |  | $ | 87,670 |
Intellectual property | 69,100 |  |  | (52,804) |  |  | 16,296 |  |  | 69,100 |  |  | (47,187) |  |  | 21,913 |
Trademarks | 12,086 |  |  | (9,549) |  |  | 2,537 |  |  | 12,086 |  |  | (7,123) |  |  | 4,963 |
Proprietary databases | 4,256 |  |  | (4,256) |  |  | — |  |  | 4,256 |  |  | (4,256) |  |  | — |
Non-compete agreements | 910 |  |  | (910) |  |  | — |  |  | 910 |  |  | (910) |  |  | — |
Total (1) | $ | 278,451 |  |  | $ | (189,496) |  |  | 88,955 |  |  | $ | 278,451 |  |  | $ | (163,905) |  |  | 114,546 |
Exchange rate fluctuations |  |  |  |  | (122) |  |  |  |  |  |  | (120) |
Total Intangible assets |  |  |  |  | $ | 88,833 |  |  |  |  |  |  | $ | 114,426 |
_______________________________ (1)In fiscal 2024 there were no intangible assets additions. In fiscal 2023 there were intangible assets additions of $16.4 million and $32.0 million from the acquisitions of ICS and Salo, respectively.
Estimated Annual Amortization Expense Related to Amortizing Intangible Assets | Estimated annual amortization expense related to amortizing intangible assets is as follows:
Year Ending April 30, |  | Estimated Annual Amortization Expense
|  | (in thousands)
2025 |  | $ | 24,262 |
2026 |  | 22,859 |
2027 |  | 17,106 |
2028 |  | 10,080 |
2029 |  | 9,276 |
Thereafter |  | 5,250 |
|  | $ | 88,833 |

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