v3.25.2
Technology, Property, and Equipment
 12 Months Ended
Apr. 30, 2025
Property, Plant and Equipment [Abstract]  
Technology, Property, and Equipment Technology, Property, and Equipment
Technology, property, and equipment, net consisted of the following at April 30:
20252024
Capitalized software$644,900 $601,452 
Computer hardware54,160 53,918 
Buildings and leasehold improvements67,589 82,199 
Furniture, fixtures, and warehouse equipment31,817 31,814 
Land and land improvements860 3,283 
Technology, property, and equipment, gross799,326 772,666 
Accumulated depreciation and amortization(637,201)(580,228)
Technology, property, and equipment, net$162,125 $192,438 
The following table details our depreciation and amortization expense for technology, property, and equipment, net:
For the Years Ended April 30,
202520242023
Capitalized software amortization expense$65,348 $83,250 $78,441 
Depreciation and amortization expense, excluding capitalized software13,346 14,910 17,565 
Total depreciation and amortization expense for technology, property and equipment$78,694 $98,160 $96,006 
In fiscal years 2025 and 2024, as a result of our decision to discontinue the use of certain capitalized software, we determined that a revision of the useful lives was warranted, and certain capitalized software was fully amortized over its revised remaining useful life. In addition, certain work-in-process capitalized software was impaired since it is no longer probable that the software being developed will be completed, and was reported at the lower of its carrying amount or fair value which was zero.
For the year ended April 30, 2025, the total amount was $1.5 million, which included $0.8 million of accelerated amortization expense and $0.7 million of impairment charges reflected in Restructuring and related charges on our Consolidated Statements of Income (Loss). These charges were recorded in the Research segment.
For the year ended April 2024, the total amount was $20.3 million, which included $15.9 million of accelerated amortization expense reflected in depreciation and amortization in Operating and administrative expenses and $4.4 million of impairment charges reflected in Restructuring and related charges on our Consolidated Statements of Income (Loss). These charges were recorded in the Research and Learning segments as well as Corporate Expenses.