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Segment Information
3 Months Ended
Jul. 31, 2021
Segment Information [Abstract]  
Segment Information
Note 10 Segment Information

We report our segment information in accordance with the provisions of FASB Accounting Standards Codification (ASC) Topic 280, “Segment Reporting”. These segments reflect the way our chief operating decision maker evaluates our business performance and manages the operations. The performance metric used by our chief operating decision maker to evaluate performance of our reportable segments is Adjusted Contribution to Profit. Our segment reporting structure consists of three reportable segments, which are listed below, as well as a Corporate category, which includes certain costs that are not allocated to the reportable segments:

Research Publishing & Platforms
Academic & Professional Learning
Education Services

Segment information is as follows:

 
Three Months Ended
July 31,
 
   
2021
   
2020
 
Revenue:
           
Research Publishing & Platforms
 
$
274,756
   
$
240,810
 
Academic & Professional Learning (1)
   
139,264
     
126,432
 
Education Services (1)
   
74,368
     
64,084
 
Total revenue
 
$
488,388
   
$
431,326
 
                 
Adjusted Contribution to Profit:
               
Research Publishing & Platforms
 
$
79,024
   
$
69,621
 
Academic & Professional Learning (1)
   
8,323
     
(245
)
Education Services (1)
   
(1,861
)
   
595
 
Total adjusted contribution to profit
   
85,486
     
69,971
 
Adjusted corporate contribution to profit
   
(44,794
)
   
(37,714
)
Total adjusted contribution to profit
 
$
40,692
   
$
32,257
 
                 
Depreciation and Amortization:
               
   Research Publishing & Platforms
 
$
23,762
   
$
19,701
 
   Academic & Professional Learning (1)
   
18,364
     
18,804
 
   Education Services (1)
   
8,303
     
7,279
 
Total depreciation and amortization
   
50,429
     
45,784
 
Corporate depreciation and amortization
   
4,137
     
3,723
 
Total depreciation and amortization
 
$
54,566
   
$
49,507
 

(1)
In May 2021, we moved the WileyNXT product offering from Academic & Professional Learning to Education Services. As a result, the prior period results related to the WileyNXT product offering have been included in Education Services. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $0.5 million, $0.1 million, and none, respectively, for the three months ended July 31, 2020. There were no changes to our total consolidated financial results.

The following table shows a reconciliation of our consolidated US GAAP Operating Income to Non-GAAP Adjusted Contribution to Profit:

 
Three Months Ended
July 31,
 
   
2021
   
2020
 
US GAAP Operating Income
 
$
40,968
   
$
30,039
 
Adjustments:
               
Restructuring and related (credits) charges (1)
   
(276
)
   
2,218
 
Non-GAAP Adjusted Contribution to Profit
 
$
40,692
   
$
32,257
 

(1)
See Note 9, “Restructuring and Related (Credits) Charges” for these charges by segment.

See Note 4, “Revenue Recognition, Contracts with Customers,” for revenue from contracts with customers disaggregated by segment and product type for the three months ended July 31, 2021 and 2020.