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Revenue Recognition, Contracts with Customers (Tables)
 9 Months Ended
Jan. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts With Customers Disaggregated by Segment and Product Type
The following table presents our revenue from contracts with customers disaggregated by segment and product type.
Three Months Ended
January 31,		Nine Months Ended
January 31,
2023202220232022
Research:
Research Publishing (1)
$213,720 $224,553 $685,884 $706,690 
Research Solutions (1)
39,880 38,788 113,988 106,561 
Total Research253,600 263,341 799,872 813,251 
Academic:
Academic Publishing128,564 143,583 354,728 400,740 
University Services48,951 55,435 152,892 169,002 
Total Academic177,515 199,018 507,620 569,742 
Talent60,253 53,525 186,281 154,282 
Total Revenue$491,368 $515,884 $1,493,773 $1,537,275 
(1)
In May 2022 our revenue by product type previously referred to as Research Platforms was changed to Research Solutions. Research Solutions includes infrastructure and publishing services that help societies and corporations thrive in a complex knowledge ecosystem. In addition to Platforms (Atypon), certain product offerings such as corporate sales which included the recent acquisitions of Madgex Holdings Limited (Madgex), and Bio-Rad Laboratories Inc.’s Informatics products (Informatics) that were previously included in Research Publishing moved to Research Solutions to align with our strategic focus. Research Solutions also includes product offerings related to certain recent acquisitions such as J&J, and EJP. Prior period results have been revised to the new presentation. There were no changes to the total Research segment or our consolidated financial results. The revenue reclassified to Research Solutions was $24.3 million and $68.4 million for the three and nine months ended January 31, 2022, respectively.
Contract with Customer, Contract Asset, Contract Liability, and Receivable
The following table provides information about accounts receivable, net and contract liabilities from contracts with customers.
January 31, 2023April 30, 2022Increase/
(Decrease)
Balances from contracts with customers:
Accounts receivable, net$283,654 $331,960 $(48,306)
Contract liabilities (1)
369,250 538,126 (168,876)
Contract liabilities (included in Other long-term liabilities)$18,801 $19,072 $(271)
(1)
The sales return reserve recorded in Contract liabilities is $28.0 million and $31.1 million, as of January 31, 2023 and April 30, 2022, respectively.
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