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Acquisitions and Divestitures (Tables) | 9 Months Ended
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Jan. 31, 2024
Business Combination and Asset Acquisition [Abstract] |
Disposal Groups, Including Discontinued Operations | The major categories of assets and liabilities that have been classified as held-for-sale on the Unaudited Condensed Consolidated Statement of Financial Position as of January 31, 2024 were as follows:
| University Services |  | Cross Knowledge |  | Wiley Edge |  | Total
Assets held-for-sale: |  |  |  |  |  |  |
Current assets |  |  |  |  |  |  |
Cash and cash equivalents (1) | $ | — |  |  | $ | 6,031 |  |  | $ | 9,672 |  |  | $ | 15,703 |
Accounts receivable, net | 1,024 |  |  | 8,354 |  |  | 15,207 |  |  | 24,585 |
Prepaid expenses and other current assets (1) | 61 |  |  | 3,704 |  |  | 6,684 |  |  | 10,449 |
Valuation allowance | — |  |  | (18,089) |  |  | — |  |  | (18,089) |
Total current assets held-for-sale | $ | 1,085 |  |  | $ | — |  |  | $ | 31,563 |  |  | $ | 32,648 |
Technology, property and equipment, net | — |  |  | 2,906 |  |  | 2,783 |  |  | 5,689 |
Intangible assets, net | — |  |  | 18,001 |  |  | 34,766 |  |  | 52,767 |
Operating lease right-of-use assets | — |  |  | 321 |  |  | 1,021 |  |  | 1,342 |
Other non-current assets | 1,426 |  |  | 16,840 |  |  | 179 |  |  | 18,445 |
Valuation allowance | — |  |  | (38,068) |  |  | (20,676) |  |  | (58,744) |
Total non-current assets held-for-sale | $ | 1,426 |  |  | $ | — |  |  | $ | 18,073 |  |  | $ | 19,499 |
Liabilities held-for-sale: |  |  |  |  |  |  |
Current liabilities |  |  |  |  |  |  |
Accounts payable | $ | 32 |  |  | $ | 559 |  |  | $ | 77 |  |  | $ | 668 |
Accrued royalties | — |  |  | 815 |  |  | — |  |  | 815 |
Contract liabilities | 111 |  |  | 12,332 |  |  | 19 |  |  | 12,462 |
Accrued employment costs | — |  |  | 6,556 |  |  | 3,558 |  |  | 10,114 |
Short-term portion of operating lease liabilities | — |  |  | — |  |  | 479 |  |  | 479 |
Other accrued liabilities | 45 |  |  | 3,691 |  |  | 5,634 |  |  | 9,370 |
Total current liabilities held-for-sale | $ | 188 |  |  | $ | 23,953 |  |  | $ | 9,767 |  |  | $ | 33,908 |
Accrued pension liability | — |  |  | 707 |  |  | — |  |  | 707 |
Deferred income tax liabilities | — |  |  | 4,133 |  |  | 3,447 |  |  | 7,580 |
Operating lease liabilities | — |  |  | — |  |  | 273 |  |  | 273 |
Other long-term liabilities | 11 |  |  | 674 |  |  | 459 |  |  | 1,144 |
Total long-term liabilities held-for-sale | $ | 11 |  |  | $ | 5,514 |  |  | $ | 4,179 |  |  | $ | 9,704 |
(1) | The following table shows a reconciliation of our cash, cash equivalents, and restricted cash included in current assets held-for-sale in our Unaudited Condensed Consolidated Statement of Financial Position to our Unaudited Condensed Consolidated Statement of Cash Flows for the nine months ended January 31, 2024:
Cash and cash equivalents | $ | 93,100 |
Restricted cash included in Prepaid expenses and other current assets | 50 |
Total cash, cash equivalents, and restricted cash per Unaudited Condensed Consolidated Statement of Financial Position as of January 31, 2024 | 93,150 |
Cash and cash equivalents held-for-sale | 15,703 |
Restricted cash held-for-sale included in Prepaid expenses and other current assets | 54 |
Total cash, cash equivalents, and restricted cash held-for-sale as of January 31, 2024 | 15,757 |
Total cash, cash equivalents, and restricted cash per Unaudited Condensed Consolidated Statement of Cash Flows for the nine months ended January 31, 2024 | $ | 108,907 |
Schedule of Cash and Cash Equivalents |
Cash and cash equivalents | $ | 93,100 |
Restricted cash included in Prepaid expenses and other current assets | 50 |
Total cash, cash equivalents, and restricted cash per Unaudited Condensed Consolidated Statement of Financial Position as of January 31, 2024 | 93,150 |
Cash and cash equivalents held-for-sale | 15,703 |
Restricted cash held-for-sale included in Prepaid expenses and other current assets | 54 |
Total cash, cash equivalents, and restricted cash held-for-sale as of January 31, 2024 | 15,757 |
Total cash, cash equivalents, and restricted cash per Unaudited Condensed Consolidated Statement of Cash Flows for the nine months ended January 31, 2024 | $ | 108,907 |
Restrictions on Cash and Cash Equivalents |
Cash and cash equivalents | $ | 93,100 |
Restricted cash included in Prepaid expenses and other current assets | 50 |
Total cash, cash equivalents, and restricted cash per Unaudited Condensed Consolidated Statement of Financial Position as of January 31, 2024 | 93,150 |
Cash and cash equivalents held-for-sale | 15,703 |
Restricted cash held-for-sale included in Prepaid expenses and other current assets | 54 |
Total cash, cash equivalents, and restricted cash held-for-sale as of January 31, 2024 | 15,757 |
Total cash, cash equivalents, and restricted cash per Unaudited Condensed Consolidated Statement of Cash Flows for the nine months ended January 31, 2024 | $ | 108,907 |

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