v3.25.2
Goodwill and Intangible Assets (Tables)
 3 Months Ended
Jul. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the activity in goodwill by segment as of July 31, 2025:
April 30, 2025 (1)
Foreign Translation Adjustment
July 31, 2025
Research$639,434 $(5,441)$633,993 
Learning482,071 1,763 483,834 
Total $1,121,505 $(3,678)$1,117,827 
(1)
As of April 30, 2025, the Held for Sale or Sold segment goodwill balance is zero. It includes accumulated pretax noncash goodwill impairments of $318.2 million.
Schedule of Intangible Assets, Net
Intangible assets, net were as follows:
July 31, 2025April 30, 2025 ⁽¹⁾
Intangible assets with definite lives, net:
Content and publishing rights$406,917 $417,982 
Customer relationships32,545 35,041 
Developed technology10,912 12,406 
Brands and trademarks4,869 5,054 
Covenants not to compete3 9 
Total intangible assets with definite lives, net455,246 470,492 
Intangible assets with indefinite lives:  
Brands and trademarks37,000 37,000 
Publishing rights88,085 87,552 
Total intangible assets with indefinite lives125,085 124,552 
Total intangible assets, net$580,331 $595,044 
(1)
The developed technology balance as of April 30, 2025 is presented net of accumulated impairments and write-offs of $2.8 million. The indefinite-lived brands and trademarks balance as of April 30, 2025 is net of accumulated impairments of $93.1 million.