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Goodwill and Intangible Assets (Tables)
12 Months Ended
Apr. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Value of Goodwill by Reportable Segment

Changes in the carrying value of goodwill by reportable segment were as follows:

 

 

 

 

 

 

 

 

 

 

Executive Search

 

 

 

 

 

 

 

 

 

 

 

Consulting

 

 

Digital

 

 

North

America

 

 

EMEA

 

 

Asia

Pacific

 

 

RPO &

Professional

Search

 

 

Consolidated

 

 

 

(in thousands)

 

Balance as of May 1, 2019

 

$

173,147

 

 

$

284,214

 

 

$

46,571

 

 

$

45,480

 

 

$

972

 

 

$

27,914

 

 

$

578,298

 

Additions

 

 

—

 

 

 

38,926

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

38,926

 

Exchange rate fluctuations

 

 

(133

)

 

 

(413

)

 

 

(850

)

 

 

(986

)

 

 

—

 

 

 

(899

)

 

 

(3,281

)

Balance as of April 30, 2020

 

 

173,014

 

 

 

322,727

 

 

 

45,721

 

 

 

44,494

 

 

 

972

 

 

 

27,015

 

 

 

613,943

 

Adjustments

 

 

—

 

 

 

2,643

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2,643

 

Exchange rate fluctuations

 

 

396

 

 

 

1,258

 

 

 

2,777

 

 

 

2,955

 

 

 

—

 

 

 

2,697

 

 

 

10,083

 

Balance as of April 30, 2021

 

$

173,410

 

 

$

326,628

 

 

$

48,498

 

 

$

47,449

 

 

$

972

 

 

$

29,712

 

 

$

626,669

 

Intangible Assets

Intangible assets include the following:

 

 

 

April 30, 2021

 

 

April 30, 2020

 

 

 

(in thousands)

 

Amortized intangible assets:

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

Customer lists

 

$

131,299

 

 

$

(76,489

)

 

$

54,810

 

 

$

131,299

 

 

$

(64,762

)

 

$

66,537

 

Intellectual property

 

 

69,100

 

 

 

(33,623

)

 

 

35,477

 

 

 

69,100

 

 

 

(26,548

)

 

 

42,552

 

Proprietary databases

 

 

4,256

 

 

 

(4,234

)

 

 

22

 

 

 

4,256

 

 

 

(4,202

)

 

 

54

 

Non-compete agreements

 

 

910

 

 

 

(910

)

 

 

—

 

 

 

910

 

 

 

(910

)

 

 

—

 

Trademarks

 

 

7,186

 

 

 

(4,636

)

 

 

2,550

 

 

 

7,186

 

 

 

(4,236

)

 

 

2,950

 

Total

 

$

212,751

 

 

$

(119,892

)

 

 

92,859

 

 

$

212,751

 

 

$

(100,658

)

 

 

112,093

 

Exchange rate fluctuations

 

 

 

 

 

 

 

 

 

 

90

 

 

 

 

 

 

 

 

 

 

 

(167

)

Total Intangible assets

 

 

 

 

 

 

 

 

 

$

92,949

 

 

 

 

 

 

 

 

 

 

$

111,926

 

Estimated Annual Amortization Expense Related to Amortizing Intangible Assets Estimated annual amortization expense related to amortizing intangible assets is as follows:

Year Ending April 30,

 

Estimated

Annual

Amortization

Expense

 

 

 

(in thousands)

 

2022

 

$

19,123

 

2023

 

 

17,271

 

2024

 

 

14,794

 

2025

 

 

14,679

 

2026

 

 

14,174

 

Thereafter

 

 

12,908

 

 

 

$

92,949