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Fee Revenue (Tables)
3 Months Ended
Jul. 31, 2018
Revenue From Contract With Customer [Abstract]  
Schedule of Contract Asset and Liability

The following table outlines our contract asset and liability balances as of July 31, 2018 and May 1, 2018:

 

 

July 31, 2018

 

 

May 1, 2018

 

 

 

(in thousands)

 

Contract assets (unbilled receivables)

 

$

68,570

 

 

$

65,164

 

Contract liabilities (deferred revenue)

 

$

104,581

 

 

$

114,695

 

 

Schedule of Disaggregation of Fee Revenue by Industry

The following table provides further disaggregation of fee revenue by industry:

 

 

Three Months Ended July 31,

 

 

 

2018

 

 

2017

 

 

 

Dollars

 

 

%

 

 

Dollars

 

 

%

 

 

 

(dollars in thousands)

 

Industrial

 

$

135,764

 

 

 

29.2

%

 

$

121,447

 

 

 

30.3

%

Financial Services

 

 

80,193

 

 

17.2

 

 

 

67,260

 

 

16.8

 

Life Sciences/Healthcare

 

 

79,169

 

 

 

17.0

 

 

 

66,580

 

 

16.6

 

Consumer Goods

 

 

71,794

 

 

15.4

 

 

 

61,831

 

 

15.4

 

Technology

 

 

61,849

 

 

13.3

 

 

 

51,772

 

 

12.9

 

Education

 

 

32,936

 

 

7.1

 

 

 

28,677

 

 

7.1

 

General

 

 

3,863

 

 

0.8

 

 

 

3,687

 

 

0.9

 

Fee Revenue

 

$

465,568

 

 

 

100.0

%

 

$

401,254

 

 

 

100.0

%