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Segment Information | 12 Months Ended
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Apr. 30, 2019
Segment Information [Abstract] |
Segment Information | Note 19 – Segment Information Our segment reporting structure consists of three reportable segments, which are listed below and a Corporate category as follows: •Research; •Publishing; and •Solutions Segment information is as follows:
|  | For the Years Ended April 30, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Revenue: |  |  |  |  |  |  |  |  |
Research |  | $ | 937,313 |  |  | $ | 934,395 |  |  | $ | 853,489 |
Publishing |  |  | 574,192 |  |  |  | 617,648 |  |  |  | 633,449 |
Solutions |  |  | 288,564 |  |  |  | 244,060 |  |  |  | 231,592 |
Total Revenue |  | $ | 1,800,069 |  |  | $ | 1,796,103 |  |  | $ | 1,718,530 |
Contribution to Profit (1): |  |  |  |  |  |  |  |  |  |  |  |
Research |  | $ | 258,875 |  |  | $ | 271,326 |  |  | $ | 250,648 |
Publishing |  |  | 118,901 |  |  |  | 121,639 |  |  |  | 124,531 |
Solutions |  |  | 14,967 |  |  |  | 22,099 |  |  |  | 14,822 |
Total Contribution to Profit |  | $ | 392,743 |  |  | $ | 415,064 |  |  | $ | 390,001 |
Corporate Expenses |  |  | (168,754 | ) |  |  | (183,603 | ) |  |  | (178,531 | )
Operating Income |  | $ | 223,989 |  |  | $ | 231,461 |  |  | $ | 211,470 |
(1) Due to the retrospective adoption of ASU 2017-07, total net benefits (costs) of $8.1 million and $(5.3) million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest Income and Other for the years ended April 30, 2018 and 2017, respectively. Refer to Note 2, "Summary of Significant Accounting Policies, Recently Issued, and Recently Adopted Accounting Standards," for more information. The impact of the reclassification on Contribution to Profit by segment for the year ended April 30, 2018 was $4.2 million in Research, $2.3 million in Publishing, and $1.6 million in Corporate expenses. The impact of the reclassification on Contribution to Profit by segment for the year ended April 30, 2017 was $1.6 million in Research, $1.2 million in Publishing, and $(8.1) million in Corporate expenses. See Note 3, “Revenue Recognition, Contracts with Customers,” for revenue from contracts with customers disaggregated by segment and product type for the years ended April 30, 2019, 2018 and 2017.
|  | For the Years Ended April 30, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Total Assets |  |  |  |  |  |  |  |  |
Research |  | $ | 1,152,973 |  |  | $ | 1,238,178 |  |  | $ | 1,133,846 |
Publishing |  |  | 643,549 |  |  |  | 575,033 |  |  |  | 582,339 |
Solutions |  |  | 751,854 |  |  |  | 563,489 |  |  |  | 575,068 |
Corporate |  |  | 388,626 |  |  |  | 462,751 |  |  |  | 314,964 |
Total |  | $ | 2,937,002 |  |  | $ | 2,839,451 |  |  | $ | 2,606,217 |
Product Development Spending and Additions to Technology, Property and Equipment |  |  |  |  |  |  |  |  |  |  |  |
Research |  | $ | (6,457 | ) |  | $ | (7,538 | ) |  | $ | (154,189 | )
Publishing |  |  | (19,712 | ) |  |  | (23,666 | ) |  |  | (29,420 | )
Solutions |  |  | (9,001 | ) |  |  | (16,786 | ) |  |  | (21,210 | )
Corporate |  |  | (66,423 | ) |  |  | (102,738 | ) |  |  | (98,608 | )
Total |  | $ | (101,593 | ) |  | $ | (150,728 | ) |  | $ | (303,427 | )
Depreciation and Amortization |  |  |  |  |  |  |  |  |  |  |  |
Research |  | $ | 37,088 |  |  | $ | 33,655 |  |  | $ | 29,330 |
Publishing |  |  | 33,892 |  |  |  | 39,495 |  |  |  | 43,831 |
Solutions |  |  | 34,300 |  |  |  | 27,703 |  |  |  | 26,792 |
Corporate |  |  | 55,875 |  |  |  | 53,136 |  |  |  | 56,608 |
Total |  | $ | 161,155 |  |  | $ | 153,989 |  |  | $ | 156,561 |
Revenue from external customers is based on the location of the customer and Technology, Property and Equipment, Net by geographic area were as follows:
|  | Revenue, net |  |  | Technology, Property and Equipment, Net |
|  | 2019 |  |  | 2018 |  |  | 2017 |  |  | 2019 |  |  | 2018 |  |  | 2017 |
United States |  | $ | 932,927 |  |  | $ | 913,852 |  |  | $ | 786,574 |  |  | $ | 252,459 |  |  | $ | 249,542 |  |  | $ | 208,572 |
United Kingdom |  |  | 150,242 |  |  |  | 147,406 |  |  |  | 189,479 |  |  |  | 18,331 |  |  |  | 20,955 |  |  |  | 21,368 |
Germany |  |  | 97,505 |  |  |  | 98,404 |  |  |  | 75,090 |  |  |  | 8,423 |  |  |  | 9,259 |  |  |  | 8,770 |
Japan |  |  | 77,145 |  |  |  | 81,572 |  |  |  | 62,674 |  |  |  | 87 |  |  |  | 72 |  |  |  | 75 |
Australia |  |  | 77,453 |  |  |  | 78,270 |  |  |  | 66,309 |  |  |  | 1,440 |  |  |  | 1,454 |  |  |  | 591 |
China |  |  | 55,024 |  |  |  | 53,076 |  |  |  | 39,653 |  |  |  | 688 |  |  |  | 229 |  |  |  | 270 |
Canada |  |  | 50,882 |  |  |  | 55,568 |  |  |  | 50,740 |  |  |  | 2,659 |  |  |  | 3,635 |  |  |  | 1,232 |
France |  |  | 51,441 |  |  |  | 51,826 |  |  |  | 44,760 |  |  |  | 403 |  |  |  | 635 |  |  |  | 335 |
India |  |  | 36,472 |  |  |  | 41,637 |  |  |  | 34,306 |  |  |  | 1,299 |  |  |  | 1,437 |  |  |  | 245 |
Other Countries |  |  | 270,978 |  |  |  | 274,492 |  |  |  | 368,945 |  |  |  | 3,232 |  |  |  | 2,716 |  |  |  | 1,600 |
Total |  | $ | 1,800,069 |  |  | $ | 1,796,103 |  |  | $ | 1,718,530 |  |  | $ | 289,021 |  |  | $ | 289,934 |  |  | $ | 243,058 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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