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Segment Information | 6 Months Ended
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Oct. 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 October 31, |  |  | Six Months Ended October 31, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Research Publishing & Platforms |  | $ | 275,154 |  |  | $ | 251,334 |  |  | $ | 549,910 |  |  | $ | 492,144 |
Academic & Professional Learning (1) |  |  | 176,529 |  |  |  | 169,913 |  |  |  | 315,793 |  |  |  | 296,345 |
Education Services (1) |  |  | 81,320 |  |  |  | 69,764 |  |  |  | 155,688 |  |  |  | 133,848 |
Total revenue |  | $ | 533,003 |  |  | $ | 491,011 |  |  | $ | 1,021,391 |  |  | $ | 922,337 |
Adjusted Contribution to Profit: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Research Publishing & Platforms |  | $ | 77,053 |  |  | $ | 73,850 |  |  | $ | 156,077 |  |  | $ | 143,471 |
Academic & Professional Learning (1) |  |  | 40,606 |  |  |  | 31,548 |  |  |  | 48,929 |  |  |  | 31,303 |
Education Services (1) |  |  | 727 |  |  |  | 7,380 |  |  |  | (1,134 | ) |  |  | 7,975 |
Total adjusted contribution to profit |  |  | 118,386 |  |  |  | 112,778 |  |  |  | 203,872 |  |  |  | 182,749 |
Adjusted corporate contribution to profit |  |  | (45,831 | ) |  |  | (40,953 | ) |  |  | (90,625 | ) |  |  | (78,667 | )
Total adjusted contribution to profit |  | $ | 72,555 |  |  | $ | 71,825 |  |  | $ | 113,247 |  |  | $ | 104,082 |
Depreciation and Amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Research Publishing & Platforms |  | $ | 23,464 |  |  | $ | 19,765 |  |  | $ | 47,226 |  |  | $ | 39,466 |
Academic & Professional Learning (1) |  |  | 18,148 |  |  |  | 17,720 |  |  |  | 36,512 |  |  |  | 36,524 |
Education Services (1) |  |  | 8,813 |  |  |  | 7,210 |  |  |  | 17,116 |  |  |  | 14,489 |
Total depreciation and amortization |  |  | 50,425 |  |  |  | 44,695 |  |  |  | 100,854 |  |  |  | 90,479 |
Corporate depreciation and amortization |  |  | 4,130 |  |  |  | 3,735 |  |  |  | 8,267 |  |  |  | 7,458 |
Total depreciation and amortization |  | $ | 54,555 |  |  | $ | 48,430 |  |  | $ | 109,121 |  |  | $ | 97,937 |
(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 $0.7 million, $(0.1) million, and none, respectively, for the three months ended October 31, 2020. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $1.2 million, $(0.2) million, and none, respectively, for the six months ended October 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 October 31, |  |  | Six Months Ended October 31, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
US GAAP Operating Income |  | $ | 73,888 |  |  | $ | 69,905 |  |  | $ | 114,856 |  |  | $ | 99,944 |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restructuring and related (credits) charges (1) |  |  | (1,333 | ) |  |  | 1,920 |  |  |  | (1,609 | ) |  |  | 4,138 |
Non-GAAP Adjusted Contribution to Profit |  | $ | 72,555 |  |  | $ | 71,825 |  |  | $ | 113,247 |  |  | $ | 104,082 |
(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 and six months ended October 31, 2021 and 2020.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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