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Segment Information
 9 Months Ended
Jan. 31, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
We report our segment information in accordance with the provisions of ASC Topic 280, “Segment Reporting.” These segments reflect the way our chief operating decision maker (CODM) evaluates our business performance, manages the operations, makes operating decisions, and allocates resources. The performance metric used by our chief operating decision maker to evaluate performance of our reportable segments is Adjusted Operating Income. Our segment reporting structure consists of three operating and reportable segments, which are listed below, as well as a Corporate expense category, which includes certain costs that are not allocated to the reportable segments:
•Research
•Learning
•Held for Sale or Sold

Segment information is as follows:

Three Months Ended
January 31,		Nine Months Ended
January 31,
2025202420252024
Revenue:
Research$267,544 $256,199 $794,738 $771,673 
Learning137,082 146,334 422,910 404,594 
Held for Sale or Sold
— 58,172 17,382 228,259 
Total revenue$404,626 $460,705 $1,235,030 $1,404,526 
  
Adjusted Operating Income (Loss):  
Research$65,669 $57,098 $180,412 $169,481 
Learning37,764 37,513 116,135 85,051 
Held for Sale or Sold
— 4,118 (3,578)26,302 
Total adjusted operating income by segment$103,433 $98,729 $292,969 $280,834 
Depreciation and Amortization:
Research$21,918 $22,029 $66,999 $67,909 
Learning10,761 13,812 32,952 41,338 
Held for Sale or Sold(1)
— — — 3,437 
Total depreciation and amortization32,679 35,841 99,951 112,684 
Corporate depreciation and amortization(2)
3,795 9,633 10,494 16,692 
Total depreciation and amortization$36,474 $45,474 $110,445 $129,376 
(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.
(2)
As a result of our decision to discontinue the use of certain capitalized software included in Technology, property, and equipment, net on our Unaudited Condensed Consolidated Statement of Financial Position, we recorded a pretax noncash impairment charge of $6.4 million in the three and nine months ended January 31, 2024. The impairment charge was included in Corporate depreciation and amortization reflected in Operating and administrative expenses on our Unaudited Condensed Consolidated Statements of Net (Loss) Income.
The following table shows a reconciliation of our Adjusted Operating Income by Segment to Income (Loss) Before Taxes:
Three Months Ended
January 31,		Nine Months Ended
January 31,
2025202420252024
Adjusted Operating Income by Segment$103,433 $98,729 $292,969 $280,834 
Adjustments:
Corporate expenses(1)
(46,028)(48,578)(134,961)(136,873)
Impairment of goodwill(2)
— (81,754)— (108,449)
Restructuring and related charges(2)
(5,574)(14,808)(13,071)(52,033)
Interest expense(14,027)(13,321)(41,277)(37,592)
Net foreign exchange transaction (losses) gains(4,222)488 (7,316)(3,489)
Net loss on sale of businesses, assets, and impairment charges related to assets held-for-sale(15,930)(52,404)(9,760)(179,747)
Other income (expense), net1,021 (648)4,029 (3,700)
Income (Loss) Before Taxes$18,673 $(112,296)$90,613 $(241,049)
(1)
Corporate expenses includes certain costs that are not allocated to the reportable segments.
(2)
See Note 9, “Restructuring and Related Charges” and Note 12, “Goodwill and Intangible Assets” for these charges by segment.
See Note 4, “Revenue Recognition, Contracts with Customers,” for revenue from contracts with customers disaggregated by segment and product type for the three and nine months ended January 31, 2025 and 2024.