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Goodwill and Intangible Assets (Tables)
12 Months Ended
Apr. 30, 2020
Goodwill and Intangible Assets [Abstract]  
Activity in Goodwill by Segment
The following table summarizes the activity in goodwill by segment as of April 30:
 
2019
   
Acquisitions (1)
   
Impairment
   
Foreign
Translation
Adjustment
   
2020
 
Research Publishing & Platforms
 
$
438,511
   
$
19,356
   
$
   
$
(9,737
)
 
$
448,130
 
Academic & Professional Learning
   
458,145
     
45,410
     
     
(2,464
)
   
501,091
 
Education Services
   
199,010
     
82,561
     
(110,000
)
   
(4,002
)
   
167,569
 
Total
 
$
1,095,666
   
$
147,327
   
$
(110,000
)
 
$
(16,203
)
 
$
1,116,790
 

(1)
Refer to Note 4, “Acquisitions,” in the Notes to Consolidated Financial Statements for more information related to the acquisitions that occurred in the year ended April 30, 2020.
Intangible Assets
Intangible assets, net as of April 30 were as follows:
 
2020
   
2019
 
   
Cost
   
Accumulated
Amortization
   
Accumulated
Impairment
   
Net
   
Cost
   
Accumulated
Amortization
   
Accumulated
Impairment
   
Net
 
Intangible Assets with Definite Lives, net
                                               
Content and Publishing Rights
 
$
806,862
   
$
(444,756
)
 
$
   
$
362,106
   
$
806,628
   
$
(417,456
)
 
$
   
$
389,172
 
Customer Relationships
   
377,652
     
(87,234
)
   
     
290,418
     
310,977
     
(65,147
)
   
     
245,830
 
Developed Technology
   
19,225
     
(3,273
)
   
(2,841
)
   
13,111
     
     
     
     
 
Brands and Trademarks
   
42,877
     
(22,689
)
   
     
20,188
     
32,802
     
(19,809
)
   
     
12,993
 
Covenants not to Compete
   
1,675
     
(1,429
)
   
     
246
     
1,681
     
(1,236
)
   
     
445
 
Total (1)
   
1,248,291
     
(559,381
)
   
(2,841
)
   
686,069
     
1,152,088
     
(503,648
)
   
     
648,440
 
Intangible Assets with Indefinite Lives
                                                               
Brands and Trademarks
   
130,107
     
     
(93,107
)
   
37,000
     
134,509
     
     
(3,600
)
   
130,909
 
Publishing Rights
   
84,336
     
     
     
84,336
     
86,223
     
     
     
86,223
 
Total
   
214,443
     
     
(93,107
)
   
121,336
     
220,732
     
     
(3,600
)
   
217,132
 
Total Intangible Assets, Net
 
$
1,462,734
   
$
(559,381
)
 
$
(95,948
)
 
$
807,405
   
$
1,372,820
   
$
(503,648
)
 
$
(3,600
)
 
$
865,572
 

(1)
Refer to Note 4, “Acquisitions,” in the Notes to Consolidated Financial Statements for more information related to the acquisitions that occurred in 2020 and 2019.
Future Amortization Expense
Based on the current amount of intangible assets subject to amortization and assuming current foreign exchange rates, the estimated amortization expense for the following years are as follows:

Fiscal Year
 
Amount
 
2021
 
$
65,570
 
2022
   
59,748
 
2023
   
53,796
 
2024
   
50,554
 
2025
   
46,364
 
Thereafter
   
410,037
 
Total
 
$
686,069