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Segment Information (Tables) | 3 Months Ended
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Apr. 30, 2022
Segment Information |
Summary of the 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, 2022 (Successor) and April 30, 2021 (Predecessor (SLH)), (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Successor | ​ | ​ | Predecessor (SLH)
​ | ​ | Three Months | ​ | ​ | Three Months
​ | ​ | Ended | ​ | ​ | Ended
​ |  | April 30, 2022 | ​ | ​ | April 30, 2021
Skillsoft Content |  | ​ |  | ​ | ​ | ​ |
Revenues |  | $ | 87,276 | ​ | ​ | $ | 67,057
Operating expenses |  | ​ | 126,090 | ​ | ​ | ​ | 93,127
Operating income (loss) |  | ​ | (38,814) | ​ | ​ | ​ | (26,070)
SumTotal |  | ​ |  | ​ | ​ | ​ |
Revenues |  | ​ | 31,585 | ​ | ​ | ​ | 24,644
Operating expenses |  | ​ | 28,548 | ​ | ​ | ​ | 26,277
Operating income (loss) |  | ​ | 3,037 | ​ | ​ | ​ | (1,633)
Global Knowledge |  | ​ |  | ​ | ​ | ​ |
Revenues |  | ​ | 45,053 | ​ | ​ | ​ | —
Operating expenses |  | ​ | 51,653 | ​ | ​ | ​ | —
Operating income (loss) |  | ​ | (6,600) | ​ | ​ | ​ | —
Consolidated |  | ​ |  | ​ | ​ | ​ |
Revenues |  | ​ | 163,914 | ​ | ​ | ​ | 91,701
Operating expenses |  | ​ | 206,291 | ​ | ​ | ​ | 119,404
Operating income (loss) |  | ​ | (42,377) | ​ | ​ | ​ | (27,703)
Non-operating (expense) income |  | ​ | 1,003 | ​ | ​ | ​ | (352)
Fair value adjustment of warrants | ​ | ​ | 10,106 | ​ | ​ | ​ | —
Interest expense, net |  | ​ | (12,115) | ​ | ​ | ​ | (11,439)
Reorganization items, net |  | ​ | — | ​ | ​ | ​ | —
Benefits from (provision for) income taxes |  | ​ | 21,740 | ​ | ​ | ​ | 2,089
Net (loss) income |  | $ | (21,643) | ​ | ​ | $ | (37,405)
​ ​ 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, 2022 and January 31, 2022 (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | April 30, 2022 |  |  | January 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Skillsoft | ​ | $ | 1,895,258 | ​ | ​ | $ | 1,650,190
SumTotal | ​ | ​ | 201,046 | ​ | ​ |  | 226,856
Global Knowledge | ​ | ​ | 331,753 | ​ | ​ | ​ | 344,902
Corporate | ​ | ​ | — | ​ | ​ | ​ | —
Consolidated | ​ | $ | 2,428,057 | ​ | ​ | $ | 2,221,948
Schedule of the company's long-lived tangible assets by geographic region | The following table sets forth the Company’s long-lived tangible assets by geographic region as of April 30, 2022 and January 31, 2022 (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | April 30, 2022 |  |  | January 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
United States | ​ | $ | 14,560 | ​ | ​ | $ | 14,735
Ireland | ​ | ​ | 279 | ​ | ​ |  | 313
Rest of world | ​ | ​ | 2,794 | ​ | ​ | ​ | 3,036
Total | ​ | $ | 17,633 | ​ | ​ | $ | 18,084

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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=123359005&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=123359005&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=123359005&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=123359005&loc=d3e8906-108599 + Details
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