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Fee Revenue (Tables)
6 Months Ended
Oct. 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 October 31, 2018 and May 1, 2018:

 

 

October 31, 2018

 

 

May 1, 2018

 

 

 

(in thousands)

 

Contract assets (unbilled receivables)

 

$

78,403

 

 

$

65,164

 

Contract liabilities (deferred revenue)

 

$

104,738

 

 

$

114,695

 

Schedule of Disaggregation of Fee Revenue by Industry

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

 

 

Three Months Ended October 31,

 

 

 

2018

 

 

2017

 

 

 

Dollars

 

 

%

 

 

Dollars

 

 

%

 

 

 

(dollars in thousands)

 

Industrial

 

$

144,199

 

 

 

29.1

%

 

$

132,648

 

 

 

29.9

%

Financial Services

 

 

92,134

 

 

 

18.6

 

 

 

83,467

 

 

 

18.8

 

Life Sciences/ Healthcare

 

 

82,829

 

 

 

16.7

 

 

 

71,954

 

 

 

16.2

 

Consumer Goods

 

 

78,635

 

 

 

15.9

 

 

 

70,263

 

 

 

15.9

 

Technology

 

 

61,556

 

 

 

12.4

 

 

 

56,298

 

 

 

12.7

 

Education/Non-Profit

 

 

32,011

 

 

 

6.5

 

 

 

25,842

 

 

 

5.8

 

General

 

 

3,841

 

 

 

0.8

 

 

 

2,546

 

 

 

0.7

 

Fee Revenue

 

$

495,205

 

 

 

100.0

%

 

$

443,018

 

 

 

100.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended October 31,

 

 

 

2018

 

 

2017

 

 

 

Dollars

 

 

%

 

 

Dollars

 

 

%

 

 

 

(dollars in thousands)

 

Industrial

 

$

279,963

 

 

 

29.1

%

 

$

254,095

 

 

 

30.1

%

Financial Services

 

 

172,327

 

 

 

17.9

 

 

 

150,727

 

 

 

17.9

 

Life Sciences/ Healthcare

 

 

161,997

 

 

 

16.9

 

 

 

138,534

 

 

 

16.4

 

Consumer Goods

 

 

150,429

 

 

 

15.7

 

 

 

132,094

 

 

 

15.6

 

Technology

 

 

123,405

 

 

 

12.8

 

 

 

108,070

 

 

 

12.8

 

Education/Non-Profit

 

 

64,947

 

 

 

6.8

 

 

 

54,519

 

 

 

6.5

 

General

 

 

7,705

 

 

 

0.8

 

 

 

6,233

 

 

 

0.7

 

Fee Revenue

 

$

960,773

 

 

 

100.0

%

 

$

844,272

 

 

 

100.0

%