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Technology, Property, and Equipment
12 Months Ended
Apr. 30, 2024
Property, Plant and Equipment [Abstract]  
Technology, Property, and Equipment Technology, Property, and Equipment
Technology, property, and equipment, net consisted of the following at April 30:
20242023
Capitalized software$601,452 $649,138 
Computer hardware53,918 57,670 
Buildings and leasehold improvements82,199 89,056 
Furniture, fixtures, and warehouse equipment31,814 34,990 
Land and land improvements3,283 3,316 
Technology, property, and equipment, gross772,666 834,170 
Accumulated depreciation and amortization(580,228)(587,021)
Technology, property, and equipment, net$192,438 $247,149 
The following table details our depreciation and amortization expense for technology, property, and equipment, net:
For the Years Ended April 30,
202420232022
Capitalized software amortization expense$83,250 $78,441 $73,847 
Depreciation and amortization expense, excluding capitalized software14,910 17,565 21,325 
Total depreciation and amortization expense for technology, property and equipment$98,160 $96,006 $95,172 
As a result of our decision to discontinue the use of certain capitalized software, we determined that a revision of the useful lives was warranted, and certain capitalized software was fully amortized over its remaining useful life. In addition, certain work-in-process capitalized software was impaired since it is no longer probable that the software being developed will be completed, and was reported at the lower of its carrying amount or fair value which was zero. The total amount was $20.3 million, which included $15.9 million of accelerated expense reflected in depreciation and amortization in Operating and administrative expenses and $4.4 million in Restructuring and related charges (credits) reflected on our Consolidated Statements of (Loss) Income for the year end April 30, 2024. These charges were recorded in the Research and Learning segments as well as Corporate Expenses.