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Revenue Recognition, Contracts with Customers (Tables)
9 Months Ended
Jan. 31, 2024
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
January 31,
Nine Months Ended
January 31,
2024202320242023
Research:
Research Publishing$216,586 $213,720 $659,329 $685,884 
Research Solutions39,613 39,880 112,344 113,988 
Total Research256,199 253,600 771,673 799,872 
Learning:
Academic87,216 82,822 224,633 223,826 
Professional59,118 60,421 179,961 178,713 
Total Learning146,334 143,243 404,594 402,539 
Held for Sale or Sold58,172 94,525 228,259 291,362 
Total Revenue$460,705 $491,368 $1,404,526 $1,493,773 
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.
January 31, 2024April 30, 2023Increase/
(Decrease)
Balances from contracts with customers:
Accounts receivable, net$161,009 $310,121 $(149,112)
Contract liabilities (1)
300,675 504,695 (204,020)
Contract liabilities (included in Other long-term liabilities)$15,114 $17,426 $(2,312)
(1)
The sales return reserve recorded in Contract liabilities is $25.9 million and $24.6 million, as of January 31, 2024 and April 30, 2023, respectively.