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Revenue Recognition, Contracts with Customers (Tables)

12 Months Ended

Apr. 30, 2022

Revenue Recognition, Contracts with Customers [Abstract]

Revenue from Contracts With Customers Disaggregated by Segment and Product Type

Disaggregation of Revenue

The following tables present our revenue from contracts with customers disaggregated by segment and product type.

		For the Years Ended April 30,
		2022				2021				2020
Research Publishing & Platforms:
Research Publishing		$	1,057,022			$	972,512			$	908,952
Research Platforms			54,321				42,837				39,887
Total Research Publishing & Platforms			1,111,343				1,015,349				948,839
Academic & Professional Learning:
Education Publishing(1)			349,992				361,194				351,514
Professional Learning			296,831				280,667				298,601
Total Academic & Professional Learning			646,823				641,861				650,115
Education Services:
University Services(2)			226,131				227,700				210,882
Talent Development Services(1)(3)			98,631				56,591				21,647
Total Education Services			324,762				284,291				232,529
Total Revenue		$	2,082,928			$	1,941,501			$	1,831,483

⁽¹⁾ In May 2021, we moved the WileyNXT product offering from Academic & Professional Learning – Education Publishing to Education Services – Talent Development Services. As a result, the prior period results related to the WileyNXT product offering have been included in Education Services – Talent Development Services. The Revenue was $2.7 million and $0.7 million for the years ended April 30, 2021 and April 30, 2020, respectively. There were no changes to our total consolidated financial results.

⁽²⁾ University Services was previously referred to as Education Services OPM.

⁽³⁾ Talent Development Services was previously referred to as mthree.

Accounts Receivable, Net and Contract Liabilities from Contracts with Customers

The following table provides information about accounts receivable, net and contract liabilities from contracts with customers.

		April 30, 2022				April 30, 2021				Increase/ (Decrease)
Balances from contracts with customers:
Accounts receivable, net		$	331,960			$	311,571			$	20,389
Contract liabilities(1)			538,126				545,425				(7,299	)
Contract liabilities (included in Other long-term liabilities)		$	19,072			$	19,560			$	(488	)

⁽¹⁾ The sales return reserve recorded in Contract liabilities is $31.1 million and $38.0 million as of April 30, 2022 and April 30, 2021, respectively. See Note 2, “Summary of Significant Accounting Policies, Recently Issued, and Recently Adopted Accounting Standards” for further details of the sales return reserve.

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

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