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Segment Information
 6 Months Ended
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.