XML 66 R51.htm IDEA: XBRL DOCUMENT v3.22.2
Segment Information (Tables)
12 Months Ended
Apr. 30, 2022
Segment Information [Abstract]  
Segment Information
Segment information is as follows:

 
For the Years Ended April 30,
 
   
2022
   
2021
   
2020
 
Revenue:
                 
Research Publishing & Platforms
 
$
1,111,343
   
$
1,015,349
   
$
948,839
 
Academic & Professional Learning(1)
   
646,823
     
641,861
     
650,115
 
Education Services(1)
   
324,762
     
284,291
     
232,529
 
Total revenue
 
$
2,082,928
   
$
1,941,501
   
$
1,831,483
 
                         
Adjusted Contribution to Profit:
                       
Research Publishing & Platforms
 
$
295,227
   
$
273,023
   
$
265,353
 
Academic & Professional Learning(1)
   
111,917
     
92,363
     
85,515
 
Education Services(1)
   
3,289
     
20,488
     
(4,713
)
Total adjusted contribution to profit
 
$
410,433
   
$
385,874
   
$
346,155
 
Adjusted corporate contribution to profit
   
(192,584
)
   
(167,053
)
   
(165,487
)
Total adjusted operating income
 
$
217,849
   
$
218,821
   
$
180,668
 
                         
Depreciation and Amortization:
                       
Research Publishing & Platforms
 
$
94,899
   
$
83,866
   
$
69,495
 
Academic & Professional Learning(1)
   
69,561
     
71,997
     
69,807
 
Education Services(1)
   
34,157
     
29,654
     
24,131
 
Total depreciation and amortization
 
$
198,617
   
$
185,517
   
$
163,433
 
Corporate depreciation and amortization
   
16,553
     
14,672
     
11,694
 
Total depreciation and amortization
 
$
215,170
   
$
200,189
   
$
175,127
 

(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 $2.7 million, $(0.7) million, and none, respectively, for the year ended April 30, 2021, and $0.7 million, $(0.9) million, and none, respectively, for the year ended April 30, 2020. There were no changes to our total consolidated financial results.
Reconciliation of Consolidated US GAAP Operating Income (Loss) to Non-GAAP Adjusted Operating Income
The following table shows a reconciliation of our consolidated US GAAP Operating Income (Loss) to Non-GAAP Adjusted Operating Income:

 
For the Years Ended April 30,
 
   
2022
   
2021
   
2020
 
US GAAP Operating Income (Loss)
 
$
219,276
   
$
185,511
   
$
(54,287
)
Adjustments:
                       
Restructuring and related (credits) charges(1)
   
(1,427
)
   
33,310
     
32,607
 
Impairment of goodwill(1)
   
     
     
110,000
 
Impairment of Blackwell trade name(1)
   
     
     
89,507
 
Impairment of developed technology intangible(1)
   
     
     
2,841
 
Non-GAAP Adjusted Operating Income
 
$
217,849
   
$
218,821
   
$
180,668
 

(1)
See Note 7, “Restructuring and Related (Credits) Charges” and Note 11, “Goodwill and Intangible Assets” for these charges by segment.
Total Assets and Expenditure for Long-Lived Assets by Segment
The following tables shows assets allocated by reportable segment and by the corporate category as of April 30 as follows:
 
2022
   
2021
   
2020
 
                   
Research Publishing & Platforms
 
$
1,593,297
   
$
1,692,366
   
$
1,225,313
 
Academic & Professional Learning
   
894,516
     
946,760
     
924,924
 
Education Services
   
542,508
     
472,814
     
486,316
 
Corporate
   
331,374
     
334,499
     
532,241
 
Total
 
$
3,361,695
   
$
3,446,439
   
$
3,168,794
 

The following table shows product development spending and additions to technology, property, and equipment by reportable segment and by the corporate category:
   
For the Years Ended April 30,
 
   
2022
   
2021
   
2020
 
                   
Research Publishing & Platforms
 
$
(30,139
)
 
$
(24,284
)
 
$
(16,329
)
Academic & Professional Learning
   
(44,082
)
   
(41,897
)
   
(38,229
)
Education Services
   
(7,308
)
   
(3,449
)
   
(613
)
Corporate
   
(34,329
)
   
(33,731
)
   
(60,030
)
Total
 
$
(115,858
)
 
$
(103,361
)
 
$
(115,201
)
Revenue from External Customers Based on Location of the Customer and Technology, Property and Equipment by Geographical Area
Revenue for the years ended April 30 from external customers is based on the location of the customer, and technology, property and equipment, net by geographic area as of April 30 were as follows:

 
Revenue, net
   
Technology, Property, and Equipment, Net
 
   
2022
   
2021
   
2020
   
2022
   
2021
   
2020
 
United States
 
$
1,011,716
   
$
990,499
   
$
944,075
   
$
232,824
   
$
241,217
   
$
261,296
 
United Kingdom
   
164,205
     
145,806
     
174,567
     
19,260
     
19,436
     
18,076
 
China
   
140,323
     
92,305
     
58,870
     
2,609
     
567
     
492
 
Japan
   
94,040
     
91,957
     
75,104
     
807
     
234
     
112
 
Australia
   
80,993
     
57,569
     
73,718
     
476
     
890
     
1,051
 
Canada
   
80,640
     
67,635
     
56,370
     
194
     
1,067
     
1,734
 
Germany
   
75,805
     
78,035
     
113,664
     
7,267
     
8,459
     
8,059
 
France
   
43,007
     
45,681
     
45,033
     
3,284
     
4,329
     
1,358
 
India
   
38,279
     
32,228
     
27,691
     
984
     
1,012
     
1,066
 
Other Countries
   
353,920
     
339,786
     
262,391
     
3,867
     
5,059
     
4,761
 
Total
 
$
2,082,928
   
$
1,941,501
   
$
1,831,483
   
$
271,572
   
$
282,270
   
$
298,005