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Segment Information (Tables) - SOFTWARE LUXEMBOURG HOLDING S.A. (SUCCESSOR) AND POINTWELL LIMITED (PREDECESSOR) | 3 Months Ended | 5 Months Ended
--- | --- | ---
Apr. 30, 2021 | Jan. 31, 2021
Summary company's segment results and segment assets | The following table presents summary results for each of the businesses for the three months ended April 30, 2021 and the three months ended April 30, 2020 (in thousands):
|  | Successor |  | Predecessor
|  | Three months ended |  | Three months ended
|  | April 30, 2021 |  | April 30, 2020
Skillsoft |  |  |  |  |  |
Revenues |  | $ | 67,057 |  | $ | 84,318
Operating expenses |  |  | 93,127 |  |  | 287,917
Operating (loss) income |  |  | (26,070) |  |  | (203,599)
SumTotal |  |  |  |  |  |
Revenues |  |  | 24,644 |  |  | 34,011
Operating expenses |  |  | 26,277 |  |  | 168,157
Operating income (loss) |  |  | (1,633) |  |  | (134,146)
Consolidated |  |  |  |  |  |
Revenues |  |  | 91,701 |  |  | 118,329
Operating expenses |  |  | 119,404 |  |  | 456,074
Operating income (loss) |  |  | (27,703) |  |  | (337,745)
Total non-operating (expense) income |  |  | (352) |  |  | 910
Interest expense, net |  |  | (11,439) |  |  | (105,959)
Reorganization items, net |  |  | — |  |  | —
(Provision) benefit for income taxes |  |  | 2,089 |  |  | 8,891
Net (loss) income |  | $ | (37,405) |  | $ | (433,903)
The Company’s segment assets primarily consist of cash and cash equivalents, accounts receivable, prepaid expenses, deferred taxes, property and equipment, goodwill and intangible assets. The following table sets forth the Company’s segment assets as of April 30, 2021 and January 31, 2021 (in thousands):
|  | April 30, 2021 |  | January 31, 2021
Skillsoft |  | $ | 1,313,124 |  | $ | 1,398,379
SumTotal |  |  | 144,982 |  |  | 147,358
Corporate |  |  | — |  |  | —
Consolidated |  | $ | 1,458,106 |  | $ | 1,545,737
| The following table presents summary results for each of the businesses for the period August 28, 2020 through January 31, 2021 (Successor), February 1, 2020 through August 27, 2020 (Predecessor) and the fiscal years ended January 31, 2020 and 2019 (in thousands):
|  | Successor |  |  | Predecessor
|  | August 28, 2020 |  |  | February 1, 2020 |  | Year ended |  | Year ended
|  | through January 31, |  |  | through August 27, |  | January 31, |  | January 31,
|  | 2021 |  |  | 2020 |  | 2020 |  | 2019
Skillsoft |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 72,425 |  |  | $ | 196,238 |  | $ | 362,503 |  | $ | 378,316
Operating expenses |  |  | 158,671 |  |  |  | 398,178 |  |  | 637,658 |  |  | 364,581
Operating (loss) income |  |  | (86,246) |  |  |  | (201,940) |  |  | (275,155) |  |  | 13,735
SumTotal |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  | 36,343 |  |  |  | 77,613 |  |  | 151,518 |  |  | 155,825
Operating expenses |  |  | 49,269 |  |  |  | 205,483 |  |  | 279,579 |  |  | 162,906
Operating income (loss) |  |  | (12,926) |  |  |  | (127,870) |  |  | (128,061) |  |  | (7,081)
Consolidated |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  | 108,768 |  |  |  | 273,851 |  |  | 514,021 |  |  | 534,141
Operating expenses |  |  | 207,940 |  |  |  | 603,661 |  |  | 917,237 |  |  | 527,487
Operating income (loss) |  |  | (99,172) |  |  |  | (329,810) |  |  | (403,216) |  |  | 6,654
Total non-operating (expense) income |  |  | 3,452 |  |  |  | 1,268 |  |  | (5,120) |  |  | (5,624)
Interest expense, net |  |  | (19,936) |  |  |  | (168,236) |  |  | (429,657) |  |  | (395,842)
Reorganization items, net |  |  | — |  |  |  | 3,329,245 |  |  | — |  |  | —
(Provision) benefit for income taxes |  |  | 21,934 |  |  |  | (68,455) |  |  | (11,212) |  |  | (5,027)
Net (loss) income |  | $ | (93,722) |  |  | $ | 2,764,012 |  | $ | (849,205) |  | $ | (399,839)
The Company’s segment assets primarily consist of cash and cash equivalents, accounts receivable, prepaid expenses, deferred taxes, property and equipment, goodwill and intangible assets. The following table sets forth the Company’s segment assets as of January 31, 2021 and January 31, 2020 (in thousands):
|  | Successor |  |  | Predecessor
|  | January 31, 2021 |  |  | January 31, 2020
Skillsoft |  | $ | 1,398,379 |  |  | $ | 1,655,474
SumTotal |  |  | 147,358 |  |  |  | 330,785
Corporate |  |  | — |  |  |  | 6
Consolidated |  | $ | 1,545,737 |  |  | $ | 1,986,265
Schedule company's long-lived tangible assets by geographic region | The following table sets forth the Company’s long-lived tangible assets by geographic region for the years ended April 30, 2021 and January 31, 2021 (in thousands):
|  | April 30, 2021 |  | January 31, 2021
United States |  | $ | 9,019 |  | $ | 10,613
Ireland |  |  | 499 |  |  | 609
Rest of world |  |  | 2,280 |  |  | 2,558
Total |  | $ | 11,798 |  | $ | 13,780
|  | Successor |  |  | Predecessor
|  | January 31, 2021 |  |  | January 31, 2020
United States |  | $ | 10,613 |  |  | $ | 13,469
Ireland |  |  | 609 |  |  |  | 897
Rest of world |  |  | 2,558 |  |  |  | 3,536
Total |  | $ | 13,780 |  |  | $ | 17,902

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- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph b -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 + 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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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