XML 48 R31.htm IDEA: XBRL DOCUMENT v3.20.2

Revenue Recognition, Contracts with Customers (Tables)

3 Months Ended

Jul. 31, 2020

Revenue Recognition, Contracts with Customers [Abstract]

Revenue from Contracts With Customers Disaggregated by Segment and Product Type

The following table presents our revenue from contracts with customers disaggregated by segment and product type.

		Three Months Ended July 31,
		2020				2019
Research Publishing & Platforms:
Research Publishing		$	230,464			$	219,927
Research Platforms			10,346				9,448
Total Research Publishing & Platforms			240,810				229,375
Academic & Professional Learning:
Education Publishing			64,084				65,523
Professional Learning			62,829				79,335
Total Academic & Professional Learning			126,913				144,858
Education Services:
Education Services (1)			50,262				48,156
mthree (1)			13,341				1,141
Total Education Services			63,603				49,297
Total Revenue		$	431,326			$	423,530

⁽¹⁾ In May 2020, we moved the IT bootcamp business acquired as part of The Learning House acquisition from Education Services to mthree. As a result, the prior period revenue related to the IT bootcamp business has been included in mthree. There were no changes to our total Education Services or our consolidated financial results.

Receivables and Contract Liabilities from Contracts with Customers

The following table provides information about receivables and contract liabilities from contracts with customers.

		July 31, 2020				April 30, 2020				Increase/ (Decrease)
Balances from contracts with customers:
Accounts receivable, net		$	282,412			$	309,384			$	(26,972	)
Contract liabilities (1)			408,954				520,214				(111,260	)
Contract liabilities (included in Other Long-Term Liabilities)		$	15,357			$	14,949			$	408

⁽¹⁾ The sales return reserve recorded in Contract Liabilities is $39.4 million and $32.8 million, as of July 31, 2020 and April 30, 2020, respectively.

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration