Goodwill and Intangible Assets

9 Months Ended

Jan. 31, 2021

Goodwill and Intangible Assets [Abstract]

Note 12 — Goodwill and Intangible Assets

Goodwill

The following table summarizes the activity in goodwill by segment as of January 31, 2021:

	April 30, 2020		Acquisitions ⁽¹⁾		Foreign Translation Adjustment		January 31, 2021
Research Publishing & Platforms	$	448,130	$	130,864	$	30,090	$	609,084
Academic & Professional Learning		501,091		—		11,871		512,962
Education Services		167,569		—		7,444		175,013
Total	$	1,116,790	$	130,864	$	49,405	$	1,297,059

⁽¹⁾

Refer to Note 3, “Acquisitions,” for more information related to the acquisition that occurred in fiscal year 2021 and the revisions that were made to the allocation of the consideration transferred to the assets acquired and liabilities assumed during the nine months ended January 31, 2021 related to the fiscal year 2020 acquisitions.

Intangible Assets

Intangible assets, net were as follows:

	January 31, 2021		April 30, 2020
Intangible Assets with Definite Lives, net:
Content and Publishing Rights ⁽¹⁾	$	561,888	$	362,106
Customer Relationships ⁽¹⁾		274,398		290,418
Developed Technology ⁽¹⁾		37,248		13,111
Brands and Trademarks ⁽¹⁾		20,331		20,188
Covenants not to Compete		98		246
Total		893,963		686,069
Intangible Assets with Indefinite Lives:
Brands and Trademarks		37,000		37,000
Publishing Rights		93,924		84,336
Total		130,924		121,336
Total Intangible Assets, Net	$	1,024,887	$	807,405

⁽¹⁾