| Schedule of Contract Asset and Liability |
The following table outlines the Company’s contract asset and liability balances as of October 31, 2025 and April 30, 2025: | | | | | | | | | | | | | October 31, 2025 | | April 30, 2025 | | | | | | (in thousands) | | Contract assets-unbilled receivables | $ | 131,212 | | | $ | 113,743 | | | Contract liabilities-deferred revenue | $ | 220,899 | | | $ | 245,379 | |
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| Schedule of Disaggregation of Fee Revenue by Industry |
The following table provides further disaggregation of fee revenue by industry: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended October 31, | | 2025 | | 2024 | | Dollars | | % | | Dollars | | % | | | | | | | | | | (dollars in thousands) | | Industrial | $ | 234,045 | | | 32.4 | % | | $ | 208,012 | | | 30.9 | % | Financial Services | 135,915 | | | 18.8 | | | 126,110 | | | 18.7 | | Life Sciences/Healthcare | 119,114 | | | 16.5 | | | 112,598 | | | 16.7 | | Technology | 104,473 | | | 14.5 | | | 96,017 | | | 14.2 | | Consumer Goods | 84,953 | | | 11.8 | | | 88,498 | | | 13.1 | | | Education/Non–Profit/General | 43,199 | | | 6.0 | | | 43,130 | | | 6.4 | | | Fee Revenue | $ | 721,699 | | | 100.0 | % | | $ | 674,365 | | | 100.0 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended October 31, | | 2025 | | 2024 | | Dollars | | % | | Dollars | | % | | | | | | | | | | (dollars in thousands) | | Industrial | $ | 452,883 | | | 31.7 | % | | $ | 406,784 | | | 30.1 | % | | Financial Services | 272,354 | | | 19.0 | | | 251,247 | | | 18.6 | | | Life Sciences/Healthcare | 236,558 | | | 16.5 | | | 231,588 | | | 17.2 | | Technology | 209,805 | | | 14.7 | | | 193,937 | | | 14.4 | | Consumer Goods | 169,334 | | | 11.8 | | | 173,645 | | | 12.9 | | | Education/Non–Profit/General | 89,378 | | | 6.3 | | | 92,110 | | | 6.8 | | | Fee Revenue | $ | 1,430,312 | | | 100.0 | % | | $ | 1,349,311 | | | 100.0 | % |
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