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Goodwill and Intangible Assets (Tables)
12 Months Ended
Apr. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the activity in goodwill by segment as of April 30:
2023(1)(2)
ImpairmentForeign
Translation
Adjustment
2024
Research$609,729 $— $(2,440)$607,289 
Learning486,025 — (1,946)484,079 
Total excluding Held for Sale or Sold Segment1,095,754 — (4,386)1,091,368 
Held for Sale or Sold108,296 (108,449)153 — 
Total including Held for Sale or Sold segment$1,204,050 $(108,449)$(4,233)$1,091,368 
(1)
The Held for Sale or Sold goodwill balance as of April 30, 2023 includes accumulated pretax noncash goodwill impairments of $209.8 million.
(2)
In the three months ended July 31, 2023, we reorganized our segments and due to this realignment have reallocated goodwill.
Intangible Assets, Net
Intangible assets, net as of April 30 were as follows:
20242023
CostAccumulated
Amortization
NetCostAccumulated
Amortization
Net
Intangible assets with definite lives, net(1):
Content and publishing rights$1,087,601 $(656,342)$431,259 $1,100,463 $(638,000)$462,463 
Customer relationships125,521 (85,812)39,709 407,289 (189,943)217,346 
Developed technology(2)
44,880 (25,358)19,522 76,154 (30,654)45,500 
Brands and trademarks(3)
31,448 (25,714)5,734 44,230 (36,949)7,281 
Covenants not to compete1,157 (1,123)34 1,663 (1,363)300 
Total intangible assets with definite lives, net1,290,607 (794,349)496,258 1,629,799 (896,909)732,890 
Intangible assets with indefinite lives:     
Brands and trademarks(2)
37,000 — 37,000 37,000 — 37,000 
Publishing rights82,436 — 82,436 84,904 — 84,904 
Total intangible assets with indefinite lives119,436 — 119,436 121,904 — 121,904 
Total intangible assets, net$1,410,043 $(794,349)$615,694 $1,751,703 $(896,909)$854,794 
(1)
Refer to Note 4, “Acquisitions and Divestitures,” for more information related to the acquisition that occurred in the year ended April 30, 2023.
(2)
The developed technology balance as of April 30, 2024 and 2023 is presented net of accumulated impairments and write-offs of $2.8 million. The indefinite-lived brands and trademarks balance as of April 30, 2024 and 2023 is net of accumulated impairments of $93.1 million.
(3)
We discontinued use of the mthree trademark that resulted in a change in the useful life and accelerated amortization expense of $4.6 million in the three months ended July 31, 2022.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Based on the current amount of intangible assets subject to amortization and assuming current foreign exchange rates, the estimated amortization expense for the following years are as follows:
Fiscal YearAmount
2025$51,283 
202648,647 
202744,007 
202838,088 
202933,467 
Thereafter280,766 
Total$496,258