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Segment Information (Tables)

9 Months Ended

Jan. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Segment information is as follows:

			Three Months Ended January 31,												Nine Months Ended January 31,
			2023						2022						2023						2022
Revenue:
Research			$	253,600					$	263,341					$	799,872					$	813,251
Academic			177,515						199,018						507,620						569,742
Talent			60,253						53,525						186,281						154,282
Total revenue			$	491,368					$	515,884					$	1,493,773					$	1,537,275
Adjusted Contribution to Profit:
Research			$	57,177					$	62,165					$	200,739					$	218,242
Academic			20,988						31,972						31,492						68,828
Talent (1)			5,315						5,676						24,882						16,615
Total adjusted contribution to profit			83,480						99,813						257,113						303,685
Adjusted corporate contribution to profit			(38,258)						(53,376)						(130,426)						(144,001)
Total adjusted operating income			$	45,222					$	46,437					$	126,687					$	159,684
Depreciation and Amortization:
Research			$	23,123					$	23,914					$	70,308					$	71,140
Academic			19,922						19,693						61,547						61,622
Talent (1)			5,458						5,605						19,282						17,304
Total depreciation and amortization			48,503						49,212						151,137						150,066
Corporate depreciation and amortization			3,939						4,151						12,005						12,418
Total depreciation and amortization			$	52,442					$	53,363					$	163,142					$	162,484

(1) On January 1, 2020, Wiley acquired mthree, a talent placement provider that addresses the IT skills gap by finding, training, and placing job-ready technology talent in roles with leading corporations worldwide. Its results of operations are included in our Talent segment. In late May 2022, Wiley renamed the mthree talent development solution to Wiley Edge and discontinued use of the mthree trademark during the three months ended July 31, 2022. As a result of these actions, we determined that a revision of the useful life was warranted and the intangible asset was fully amortized over its remaining useful life resulting in accelerated amortization expense of $4.6 million in the three months ended July 31, 2022. This amortization expense was an adjustment to the Talent Adjusted contribution to profit. In addition, it was included in Depreciation and amortization in the table above for segment reporting.

Reconciliation of Consolidated US GAAP Operating Income to Non-GAAP Adjusted Contribution to Profit

The following table shows a reconciliation of our consolidated US GAAP Operating (Loss) Income to Non-GAAP Adjusted Operating Income:

			Three Months Ended January 31,												Nine Months Ended January 31,
			2023						2022						2023						2022
US GAAP Operating (Loss) Income			$	(67,056)					$	45,989					$	(26,582)					$	160,845
Adjustments:
Restructuring and related charges (credits) (1)			8,807						448						45,204						(1,161)
Impairment of goodwill (2)			99,800						—						99,800						—
Legal settlement (3)			3,671						—						3,671						—
Accelerated amortization of an intangible asset (4)			—						—						4,594						—
Non-GAAP Adjusted Operating Income			$	45,222					$	46,437					$	126,687					$	159,684

(1)			See Note 9, “Restructuring and Related Charges (Credits)” for these charges by segment.
(2)			See Note 12, "Goodwill and Intangible Assets" for these charges by segment.
(3)			In the three months ended January 31, 2023, we settled a litigation matter related to consideration for a previous acquisition for $3.7 million which is included in our Corporate category.
(4)			As described above, this accelerated amortization relates to the mthree trademark.

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Tabular disclosure of the reconciliation of our consolidated U.S. GAAP Operating Income (Loss) to Non-GAAP Adjusted Contribution to Profit.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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