XML 51 R32.htm IDEA: XBRL DOCUMENT v3.23.2

Revenue Recognition, Contracts with Customers (Tables)

3 Months Ended

Jul. 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 July 31,
			2023						2022
Research:
Research Publishing			$	223,000					$	239,523
Research Solutions			34,804						35,390
Total Research			257,804						274,913
Learning:
Academic			48,292						58,748
Professional			61,028						60,899
Total Learning			109,320						119,647
Held for Sale or Sold			83,889						93,009
Total Revenue			$	451,013					$	487,569

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.

			July 31, 2023						April 30, 2023						Increase/ (Decrease)
Balances from contracts with customers:
Accounts receivable, net			$	153,392					$	310,121					$	(156,729)
Contract liabilities (1)			369,562						504,695						(135,133)
Contract liabilities (included in Other long-term liabilities)			$	19,038					$	17,426					$	1,612

(1) The sales return reserve recorded in Contract liabilities is $26.0 million and $24.6 million, as of July 31, 2023 and April 30, 2023, respectively.

X

- 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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration