XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Restructuring Charges | 6 Months Ended
--- | ---
Oct. 31, 2017
Restructuring Charges [Abstract] |
Restructuring Charges | 7. Restructuring Charges: Beginning in fiscal year 2013, the Company initiated a program (the "Restructuring and Reinvestment Program") to restructure and realign its cost base with current and anticipated future market conditions. The Company is targeting most of the cost savings achieved to improve margins and earnings, with the remainder reinvested in growth opportunities. The following tables summarize the pre-tax restructuring charges (credits) related to this program (in thousands):
|  |  |  |  |  |  |  | Cumulative |
|  |  |  |  |  |  |  | Program |
|  | Three Months |  |  | Six Months |  |  | Charges |
|  | Ended October 31, |  |  | Ended October 31, |  |  | to Date |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |  |  |  |
Charges (Credits) by Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Research |  | $ | (388 | ) |  | $ | 229 |  |  | $ | 4,448 |  |  | $ | 160 |  |  | $ | 24,604 |
Publishing |  |  | 71 |  |  |  | 215 |  |  |  | 7,325 |  |  |  | 569 |  |  |  | 39,814 |
Solutions |  |  | (625 | ) |  |  | 524 |  |  |  | 2,170 |  |  |  | 524 |  |  |  | 4,721 |
Shared Services |  |  | (464 | ) |  |  | 5,879 |  |  |  | 10,380 |  |  |  | 4,674 |  |  |  | 93,128 |
Total |  | $ | (1,406 | ) |  | $ | 6,847 |  |  | $ | 24,323 |  |  | $ | 5,927 |  |  | $ | 162,267 |
Charges (Credits) by Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance |  | $ | (1,455 | ) |  | $ | 4,322 |  |  | $ | 23,266 |  |  | $ | 4,579 |  |  | $ | 110,856 |
Process Reengineering Consulting |  |  | - |  |  |  | - |  |  |  | 1,521 |  |  |  | 7 |  |  |  | 20,335 |
Other Activities |  |  | 49 |  |  |  | 2,525 |  |  |  | (464 | ) |  |  | 1,341 |  |  |  | 31,076 |
Total |  | $ | (1,406 | ) |  | $ | 6,847 |  |  | $ | 24,323 |  |  | $ | 5,927 |  |  | $ | 162,267 |
Other Activities reflects leased facility consolidations, contract termination costs and the curtailment of certain defined benefit pension plans. The credits in Other Activities for the six months ended October 31, 2017 mainly reflect changes in estimates for previously accrued restructuring charges related to facility lease reserves. The following table summarizes the activity for the Restructuring and Reinvestment Program liability for the six months ended October 31, 2017 (in thousands):
|  |  |  |  |  |  |  |  |  |  | Foreign |  |  |  |
|  |  |  |  |  |  |  |  |  |  | Translation & |  |  |  |
|  | April 30,2017 |  |  | Charges |  |  | Payments |  |  | Reclassifications |  |  | October 31,2017 |
Severance |  | $ | 10,082 |  |  | $ | 23,266 |  |  | $ | (12,739 | ) |  | $ | 345 |  |  | $ | 20,954 |
Process Reengineering Consulting |  |  | - |  |  |  | 1,521 |  |  |  | (1,320 | ) |  |  | - |  |  |  | 201 |
Other Activities |  |  | 12,708 |  |  |  | (464 | ) |  |  | (6,680 | ) |  |  | (2,025 | ) |  |  | 3,539 |
Total |  | $ | 22,790 |  |  | $ | 24,323 |  |  | $ | (20,739 | ) |  | $ | (1,680 | ) |  | $ | 24,694 |
The restructuring liability as of October 31, 2017 for accrued Severance costs is reflected in Accrued Employment Costs in the Condensed Consolidated Statements of Financial Position. The liability as of October 31, 2017, for Process Reengineering Consulting costs is reflected in Other Accrued Liabilities. As of October 31, 2017, approximately $2.2 million and $1.3 million of the Other Activities are reflected in Other Accrued Liabilities and Other Long-Term Liabilities, respectively.

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RestructuringChargesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration