v3.26.1
Technology, Property, and Equipment
 12 Months Ended
Apr. 30, 2026
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:
20262025
Capitalized software$687,427 $644,900 
Computer hardware55,511 54,160 
Buildings and leasehold improvements69,143 67,589 
Furniture, fixtures, and warehouse equipment30,303 31,817 
Land and land improvements885 860 
Technology, property, and equipment, gross843,269 799,326 
Accumulated depreciation and amortization(707,009)(637,201)
Technology, property, and equipment, net$136,260 $162,125 
The following table details our depreciation and amortization expense for technology, property, and equipment, net:
For the Years Ended April 30,
202620252024
Capitalized software amortization expense$61,745 $65,348 $83,250 
Depreciation and amortization expense, excluding capitalized software12,624 13,346 14,910 
Total depreciation and amortization expense for technology, property and equipment$74,369 $78,694 $98,160 
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. The charges resulting from these actions are summarized below.
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.