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Segment Information (Tables) | 12 Months Ended
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Apr. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Adjusted Operating Income (Loss) by segment, and the reconciliation to Income (Loss) before taxes for the years ended April 30:
| 2025
| Research |  | Learning |  | Held for Sale or Sold |  | Total
Revenue | $ | 1,075,459 |  |  | $ | 584,768 |  |  | $ | 17,382 |  |  | $ | 1,677,609 |
Cost of sales | 278,867 |  |  | 144,758 |  |  | 7,755 |  |  | 431,380 |
Direct expenses | 336,484 |  |  | 142,204 |  |  | 10,365 |  |  | 489,053 |
Allocated Corporate expenses | 160,959 |  |  | 114,703 |  |  | 2,840 |  |  | 278,502 |
Amortization of intangible assets | 43,569 |  |  | 8,253 |  |  | — |  |  | 51,822 |
Adjusted Operating Income (Loss) by segment | $ | 255,580 |  |  | $ | 174,850 |  |  | $ | (3,578) |  |  | $ | 426,852 |
Reconciliation of Adjusted Operating Income by segment to Income before taxes |  |  |  |  |  |  |
Corporate expenses(1) |  |  |  |  |  |  | (179,882) |
Restructuring and related charges(2) |  |  |  |  |  |  | (25,561) |
Interest expense |  |  |  |  |  |  | (52,547) |
Net foreign exchange transaction losses |  |  |  |  |  |  | (8,142) |
Net loss on sale of businesses, assets, and impairment charges related to assets held-for-sale |  |  |  |  |  |  | (23,340) |
Other income, net |  |  |  |  |  |  | 5,498 |
Income before taxes |  |  |  |  |  |  | $ | 142,878 |
| 2024
| Research |  | Learning |  | Held for Sale or Sold |  | Total
Revenue | $ | 1,042,705 |  |  | $ | 574,739 |  |  | $ | 255,543 |  |  | $ | 1,872,987 |
Cost of sales | 281,109 |  |  | 145,054 |  |  | 153,559 |  |  | 579,722 |
Direct expenses | 323,392 |  |  | 145,514 |  |  | 48,127 |  |  | 517,033 |
Allocated Corporate expenses | 155,495 |  |  | 132,394 |  |  | 23,142 |  |  | 311,031 |
Amortization of intangible assets | 44,946 |  |  | 9,044 |  |  | 2,004 |  |  | 55,994 |
Adjusted Operating Income by segment | $ | 237,763 |  |  | $ | 142,733 |  |  | $ | 28,711 |  |  | $ | 409,207 |
Reconciliation of Adjusted Operating Income by segment to Loss before taxes |  |  |  |  |  |  |
Corporate expenses(1) |  |  |  |  |  |  | (185,456) |
Impairment of goodwill(2) |  |  |  |  |  |  | (108,449) |
Restructuring and related charges(2) |  |  |  |  |  |  | (63,041) |
Interest expense |  |  |  |  |  |  | (49,003) |
Net foreign exchange transaction losses |  |  |  |  |  |  | (2,959) |
Net loss on sale of businesses, assets, and impairment charges related to assets held-for-sale |  |  |  |  |  |  | (183,389) |
Other expense, net |  |  |  |  |  |  | (3,957) |
Loss before taxes |  |  |  |  |  |  | $ | (187,047) |
| 2023
| Research |  | Learning |  | Held for Sale or Sold |  | Total
Revenue | $ | 1,080,311 |  |  | $ | 546,395 |  |  | $ | 393,194 |  |  | $ | 2,019,900 |
Cost of sales | 286,361 |  |  | 148,925 |  |  | 257,255 |  |  | 692,541 |
Direct expenses | 312,383 |  |  | 157,694 |  |  | 71,310 |  |  | 541,387 |
Allocated Corporate expenses | 151,348 |  |  | 130,654 |  |  | 38,534 |  |  | 320,536 |
Amortization of intangible assets | 46,235 |  |  | 9,022 |  |  | 24,909 |  |  | 80,166 |
Adjusted Operating Income by segment | $ | 283,984 |  |  | $ | 100,100 |  |  | $ | 1,186 |  |  | $ | 385,270 |
Reconciliation of Adjusted Operating Income by segment to Income before taxes |  |  |  |  |  |  |
Corporate expenses(1) |  |  |  |  |  |  | (171,926) |
Impairment of goodwill(2) |  |  |  |  |  |  | (99,800) |
Restructuring and related charges(2) |  |  |  |  |  |  | (49,389) |
Interest expense |  |  |  |  |  |  | (37,745) |
Net foreign exchange transaction gains |  |  |  |  |  |  | 894 |
Net gain on sale of businesses and assets |  |  |  |  |  |  | 10,177 |
Other income, net |  |  |  |  |  |  | 3,884 |
Legal settlement(3) |  |  |  |  |  |  | (3,671) |
Accelerated amortization of an intangible asset(4) |  |  |  |  |  |  | (4,594) |
Income before taxes |  |  |  |  |  |  | $ | 33,100 |
(1) | Corporate expenses include certain costs that are not allocated to the reportable segments.
(2) | See Note 7, “Restructuring and Related Charges” and Note 11, “Goodwill and Intangible Assets” for more information of these charges by segment.
(3) | In the three months ended January 31, 2023, we settled a litigation matter related to consideration for a previous acquisition for $3.7 million which is included in Corporate Operating and administrative expenses.
(4) | 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. This amortization expense was an adjustment to the Held for Sale or Sold Adjusted operating income. In addition, it was included in Depreciation and amortization in the table below.
See Note 3, “Revenue Recognition, Contracts with Customers,” for revenue from contracts with customers disaggregated by segment and product type for the years ended April 30, 2025, 2024, and 2023. Depreciation and amortization expense for the years ended April 30 were as follows:
| 2025 |  | 2024 |  | 2023
Research | $ | 89,302 |  |  | $ | 93,422 |  |  | $ | 93,008 |
Learning | 43,900 |  |  | 57,696 |  |  | 57,698 |
Held for Sale or Sold(1) | — |  |  | 3,437 |  |  | 46,085 |
Total depreciation and amortization | $ | 133,202 |  |  | $ | 154,555 |  |  | $ | 196,791 |
Corporate depreciation and amortization | 13,924 |  |  | 22,434 |  |  | 16,462 |
Total depreciation and amortization | $ | 147,126 |  |  | $ | 176,989 |  |  | $ | 213,253 |
(1) | We ceased to record depreciation and amortization of long-lived assets for these businesses as of the date the assets were classified as held-for-sale.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas | Revenue for the years ended April 30 from external customers based on the location of the customer were as follows:
| 2025 |  | 2024 |  | 2023
United States | $ | 729,833 |  |  | $ | 881,795 |  |  | $ | 995,918 |
China | 141,239 |  |  | 120,213 |  |  | 150,939 |
United Kingdom | 118,328 |  |  | 165,457 |  |  | 150,601 |
Japan | 83,152 |  |  | 84,846 |  |  | 89,084 |
Australia | 75,102 |  |  | 74,986 |  |  | 79,802 |
Other countries | 529,955 |  |  | 545,690 |  |  | 553,556 |
Total | $ | 1,677,609 |  |  | $ | 1,872,987 |  |  | $ | 2,019,900 |
Total long-lived assets, consisting of technology, property and equipment, net and operating lease ROU assets by geographical area as of April 30 were as follows:
| 2025 |  | 2024 |  | 2023
United States | $ | 185,610 |  |  | $ | 213,192 |  |  | $ | 275,229 |
United Kingdom | 25,315 |  |  | 27,584 |  |  | 34,748 |
Other countries | 17,328 |  |  | 20,736 |  |  | 28,369 |
Total | $ | 228,253 |  |  | $ | 261,512 |  |  | $ | 338,346 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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