XML 34 R22.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Goodwill and Intangible Assets | 9 Months Ended
--- | ---
Jan. 31, 2019
Goodwill and Intangible Assets [Abstract] |
Goodwill and Intangible Assets | Note 11 — Goodwill and Intangible Assets Goodwill The following table summarizes the activity in goodwill by segment as of January 31, 2019:
|  | April 30, 2018 |  |  | Acquisition (1) |  |  | Foreign Translation Adjustment |  |  | January 31, 2019 |
Research |  | $ | 463,419 |  |  | $ | — |  |  | $ | (18,338 | ) |  | $ | 445,081 |
Publishing |  |  | 283,851 |  |  |  | — |  |  |  | (518 | ) |  |  | 283,333 |
Solutions |  |  | 272,531 |  |  |  | 109,139 |  |  |  | (6,862 | ) |  |  | 374,808 |
Total |  | $ | 1,019,801 |  |  | $ | 109,139 |  |  | $ | (25,718 | ) |  | $ | 1,103,222 |
(1) Refer to Note 3, “Acquisition,” in the Notes to Unaudited Condensed Consolidated Financial Statements for more information related to the acquisition of Learning House on November 1, 2018. The April 30, 2018 goodwill balances for Publishing and Solutions have been revised to reflect foreign translation adjustments of $11.6 million. Intangible Assets Identifiable intangible assets, net consisted of the following:
|  | January 31, 2019 |  |  | April 30, 2018 |
Intangible Assets with Determinable Lives, net: |  |  |  |  |  |
Content and Publishing Rights (1) |  | $ | 405,426 |  |  | $ | 436,760 |
Customer Relationships (1) |  |  | 251,855 |  |  |  | 161,729 |
Brands and Trademarks |  |  | 13,663 |  |  |  | 16,100 |
Covenants not to Compete |  |  | 497 |  |  |  | 655 |
Total |  |  | 671,441 |  |  |  | 615,244 |
Intangible Assets with Indefinite Lives: |  |  |  |  |  |  |  |
Brands and Trademarks |  |  | 132,912 |  |  |  | 138,589 |
Content and Publishing Rights |  |  | 88,250 |  |  |  | 94,238 |
Total |  |  | 221,162 |  |  |  | 232,827 |
Total Intangible Assets, Net |  | $ | 892,603 |  |  | $ | 848,071 |
(1) As of January 31, 2019, amounts include intangible assets acquired as part of the acquisition of Learning House on November 1, 2018. Refer to Note 3, “Acquisition,” in the Notes to Unaudited Condensed Consolidated Financial Statements for more information related to the acquisition of Learning House. In conjunction with a business review performed in the Publishing segment associated with the restructuring activities disclosed in Note 8, “Restructuring and Related Charges”, in the three months ended July 31, 2017, we identified an indefinite lived brand with forecasted cash flows that did not support its carrying value. As a result, an impairment charge of $3.6 million was recorded in the three months ended July 31, 2017 to reduce the carrying value of the brand to its fair value of $1.2 million, which is being amortized over its estimated remaining useful life. This impairment charge was included in Operating and Administrative Expenses in the Unaudited Condensed Consolidated Statements of Income for fiscal year 2018.

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

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration