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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Apr. 30, 2021
Goodwill and Intangible Assets [Abstract] |
Activity in Goodwill by Segment | The following table summarizes the activity in goodwill by segment as of April 30:
|  | 2020 (1) |  |  | Acquisitions (2) |  |  | Foreign Translation Adjustment |  |  | 2021 |
Research Publishing & Platforms |  | $ | 448,130 |  |  | $ | 136,789 |  |  | $ | 34,284 |  |  | $ | 619,203 |
Academic & Professional Learning |  |  | 501,091 |  |  |  | — |  |  |  | 11,421 |  |  |  | 512,512 |
Education Services |  |  | 167,569 |  |  |  | — |  |  |  | 5,056 |  |  |  | 172,625 |
Total |  | $ | 1,116,790 |  |  | $ | 136,789 |  |  | $ | 50,761 |  |  | $ | 1,304,340 |
(1) | The Education Services goodwill balance as of April 30, 2020 includes a cumulative pretax noncash goodwill impairment of $110.0 million.
(2) | Refer to Note 4, “Acquisitions,” for more information related to the acquisitions that occurred in the year ended April 30, 2021.
Intangible Assets, Net | Intangible assets, net as of April 30 were as follows:
|  | 2021 |  |  | 2020 |
|  | Cost |  |  | Accumulated Amortization |  |  | Net |  |  | Cost |  |  | Accumulated Amortization |  |  | Accumulated Impairment |  |  | Net |
Intangible assets with definite lives, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Content and publishing rights |  | $ | 1,062,072 |  |  | $ | (497,843 | ) |  | $ | 564,229 |  |  | $ | 806,862 |  |  | $ | (444,756 | ) |  | $ | — |  |  | $ | 362,106 |
Customer relationships |  |  | 384,462 |  |  |  | (117,985 | ) |  |  | 266,477 |  |  |  | 377,652 |  |  |  | (87,234 | ) |  |  | — |  |  |  | 290,418 |
Developed technology (1) |  |  | 42,785 |  |  |  | (7,824 | ) |  |  | 34,961 |  |  |  | 19,225 |  |  |  | (3,273 | ) |  |  | (2,841 | ) |  |  | 13,111 |
Brands and trademarks |  |  | 45,630 |  |  |  | (26,094 | ) |  |  | 19,536 |  |  |  | 42,877 |  |  |  | (22,689 | ) |  |  | — |  |  |  | 20,188 |
Covenants not to compete |  |  | 1,250 |  |  |  | (1,192 | ) |  |  | 58 |  |  |  | 1,675 |  |  |  | (1,429 | ) |  |  | — |  |  |  | 246 |
Total (2) |  |  | 1,536,199 |  |  |  | (650,938 | ) |  |  | 885,261 |  |  |  | 1,248,291 |  |  |  | (559,381 | ) |  |  | (2,841 | ) |  |  | 686,069 |
Intangible assets with indefinite lives |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Brands and trademarks (1) |  |  | 37,000 |  |  |  | — |  |  |  | 37,000 |  |  |  | 130,107 |  |  |  | — |  |  |  | (93,107 | ) |  |  | 37,000 |
Publishing rights |  |  | 93,041 |  |  |  | — |  |  |  | 93,041 |  |  |  | 84,336 |  |  |  | — |  |  |  | — |  |  |  | 84,336 |
Total |  |  | 130,041 |  |  |  | — |  |  |  | 130,041 |  |  |  | 214,443 |  |  |  | — |  |  |  | (93,107 | ) |  |  | 121,336 |
Total intangible assets, net |  | $ | 1,666,240 |  |  | $ | (650,938 | ) |  | $ | 1,015,302 |  |  | $ | 1,462,734 |  |  | $ | (559,381 | ) |  | $ | (95,948 | ) |  | $ | 807,405 |
(1) | The developed technology balance as of April 30, 2021 is presented net of accumulated impairments and write-offs of $2.8 million. The indefinite-lived brands and trademarks cost balance as of April 30, 2021 is net of accumulated impairments of $93.1 million.
(2) | Refer to Note 4, “Acquisitions,” for more information related to the acquisitions that occurred in 2021 and 2020.
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 |
2022 |  | $ | 82,401 |
2023 |  |  | 76,125 |
2024 |  |  | 71,367 |
2025 |  |  | 65,764 |
2026 |  |  | 63,410 |
Thereafter |  |  | 526,194 |
Total |  | $ | 885,261 |

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