Pay vs Performance Disclosure - USD ($)
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12 Months Ended |
Apr. 30, 2026 |
Apr. 30, 2025 |
Apr. 30, 2024 |
Apr. 30, 2023 |
Apr. 30, 2022 |
| Pay vs Performance Disclosure |
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| Pay vs Performance Disclosure, Table |
| | | | | | | | | | | | | | | | | | | | | | | Summary Compensation Table Total for PEO1,2,3($000) (b) | Compensation Actually Paid to PEO1,2,3 ($000) (c) | Average Summary Compensation Table Total for Non-PEO NEOs1 ($000) (d) | Average Compensation Actually Paid to Non-PEO NEOs1,4,5 ($000) (e) | Value of Initial Fixed $100 Investment based on:6 | Net Income (GAAP) ($ Millions) (h) | Adjusted Revenue ($ Millions)7 (i) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Company Selected Measure Name |
Adjusted Revenue
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| Named Executive Officers, Footnote |
Matthew S. Kissner and Brian A. Napack were our PEOs during fiscal year 2024. Mr. Napack was our PEO for fiscal years 2023 and 2022. The individuals comprising the non-PEO NEOs for each year presented are listed below. 2.Information reflected for fiscal year 2024 is for PEO Matthew S. Kissner, who was appointed as interim CEO during fiscal year 2024. 3.Information reflected for fiscal year 2024 is for PEO Brian A. Napack, who departed as CEO during fiscal year 2024.
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| Peer Group Issuers, Footnote |
TSR provides an indicator of the cumulative total return to shareholders of the Company’s Class A Common Stock as compared with the cumulative total return on the Dow Jones Publishing Index used in the 10-K performance graph pursuant to Item 201(e) of Regulation S-K, for the period from April 30, 2021 to April 30, 2026. Cumulative total return assumes $100 invested on April 30, 2021, and reinvestment of dividends throughout the period.
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| PEO Total Compensation Amount |
$ 6,589,200
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$ 5,548,300
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$ 4,376,600
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$ 4,948,200
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| PEO Actually Paid Compensation Amount |
$ 5,782,300
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5,723,300
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1,792,200
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3,889,300
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| Adjustment To PEO Compensation, Footnote |
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the average of the non- PEO NEOs as set forth in the table directly below. Equity values are calculated in accordance with FASB ASC Topic 718.
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| Non-PEO NEO Average Total Compensation Amount |
$ 1,906,300
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2,150,500
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$ 2,551,000
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1,597,700
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2,726,600
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| Non-PEO NEO Average Compensation Actually Paid Amount |
$ 1,745,900
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1,478,600
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2,882,300
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858,200
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2,279,700
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| Adjustment to Non-PEO NEO Compensation Footnote |
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the average of the non- PEO NEOs as set forth in the table directly below. Equity values are calculated in accordance with FASB ASC Topic 718.
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| Compensation Actually Paid vs. Total Shareholder Return |
Relationship between CAP and TSR The graph below illustrates the relationship between our TSR and the Dow Jones Publishing Index TSR, as well as the relationship between CAP and our TSR for the PEO and the average of the non-PEO NEOs for the applicable reporting year.
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| Compensation Actually Paid vs. Net Income |
Relationship between CAP and GAAP Net Income The graph below illustrates the relationship between CAP and Net Income for the PEO and the average of the non-PEO NEOs for the applicable reporting year.
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| Compensation Actually Paid vs. Company Selected Measure |
Relationship between CAP and Adjusted Revenue The graph below illustrates the relationship between CAP and Adjusted Revenue for the PEO and the average of the non-PEO NEOs for the applicable reporting year.
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| Total Shareholder Return Vs Peer Group |
Relationship between CAP and TSR The graph below illustrates the relationship between our TSR and the Dow Jones Publishing Index TSR, as well as the relationship between CAP and our TSR for the PEO and the average of the non-PEO NEOs for the applicable reporting year.
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| Tabular List, Table |
Adjusted Revenue •Adjusted Operating Income •Adjusted EBITDA •Adjusted EBITDA Margin % •Free Cash Flow
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| Total Shareholder Return Amount |
$ 85.2
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87.5
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73.0
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71.9
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91.6
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| Peer Group Total Shareholder Return Amount |
145.6
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123.3
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104.4
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84.1
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88.9
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| Net Income (Loss) |
$ 221,600,000
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$ 84,200,000
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$ (200,300,000)
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$ 17,200,000
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$ 148,300,000
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| Company Selected Measure Amount |
1,655,000,000
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1,660,000,000
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1,606,000,000
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2,080,000,000
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2,069,000,000
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| PEO Name |
Matthew S. Kissner
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| Additional 402(v) Disclosure |
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s PEO and other non-PEO NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 5 below.
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| Measure:: 1 |
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| Pay vs Performance Disclosure |
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| Name |
Adjusted Revenue
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| Non-GAAP Measure Description |
Our Company-selected measure is Adjusted Revenue, included as a financial measure in both our annual incentive plan and our long-term incentive plan. Revenue is adjusted to exclude the effects of foreign exchange and contributions from acquisitions made during the year (if any) in accordance with the adjustment mechanics approved at the beginning of the performance period. For fiscal years 2024 and 2025, Adjusted Revenue excludes businesses held for sale or sold during the fiscal year.
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| Measure:: 2 |
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| Pay vs Performance Disclosure |
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| Name |
Adjusted Operating Income
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| Measure:: 3 |
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| Pay vs Performance Disclosure |
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| Name |
Adjusted EBITDA
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| Measure:: 4 |
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| Pay vs Performance Disclosure |
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| Name |
Adjusted EBITDA Margin %
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| Measure:: 5 |
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| Pay vs Performance Disclosure |
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| Name |
Free Cash Flow
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| Matthew S. Kissner [Member] |
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| Pay vs Performance Disclosure |
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| PEO Total Compensation Amount |
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$ 3,357,700
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| PEO Actually Paid Compensation Amount |
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3,768,400
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| Brian A. Napack [Member] |
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| Pay vs Performance Disclosure |
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| PEO Total Compensation Amount |
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4,495,600
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| PEO Actually Paid Compensation Amount |
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1,482,800
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| PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
$ (4,237,900)
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$ (3,171,300)
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$ (2,688,500)
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$ (2,271,400)
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| PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
3,430,800
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2,670,000
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1,340,600
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1,608,300
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| PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
(341,800)
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333,100
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(1,168,800)
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(656,500)
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| PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
383,700
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296,700
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296,900
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316,500
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| PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
(41,700)
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46,600
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(364,600)
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(55,800)
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| PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
0
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0
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0
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0
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| PEO | Matthew S. Kissner [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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(1,821,800)
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| PEO | Matthew S. Kissner [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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2,104,000
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| PEO | Matthew S. Kissner [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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0
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| PEO | Matthew S. Kissner [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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188,100
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| PEO | Matthew S. Kissner [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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(59,600)
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| PEO | Matthew S. Kissner [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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0
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| PEO | Brian A. Napack [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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(2,113,200)
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| PEO | Brian A. Napack [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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1,345,700
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| PEO | Brian A. Napack [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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(10,200)
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| PEO | Brian A. Napack [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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0
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| PEO | Brian A. Napack [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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(253,500)
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| PEO | Brian A. Napack [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
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(1,981,700)
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| Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
(900,800)
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(1,172,400)
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(1,392,300)
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(755,900)
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(1,138,000)
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| Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
752,000.0
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623,500
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1,671,500
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376,900
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745,500
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| Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
(75,000.0)
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158,500
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(1,300)
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(347,200)
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(135,200)
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| Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
84,100
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55,500
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109,800
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83,500
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182,100
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| Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
(20,700)
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55,100
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(56,300)
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(96,900)
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9,900
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| Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year |
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| Pay vs Performance Disclosure |
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| Adjustment to Compensation, Amount |
$ 0
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$ (392,100)
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$ 0
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$ 0
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$ (111,100)
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