Goodwill and Intangible Assets (Tables)

12 Months Ended

Apr. 30, 2023

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:

	Consulting		Digital		Executive Search						Professional Search & Interim (1)		RPO (1)		Consolidated
					North America		EMEA		Asia Pacific
	(in thousands)
Balance as of May 1, 2021	$	173,410	$	326,628	$	48,498	$	47,449	$	972	$	15,705	$	14,007	$	626,669
Additions (2)	—		—		—		—		—		55,480		49,482		104,962
Exchange rate fluctuations	(440)		(1,274)		(934)		(877)		—		(1,329)		(1,185)		(6,039)
Balance as of April 30, 2022	172,970		325,354		47,564		46,572		972		69,856		62,304		725,592
Additions (3)	—		—		—		—		—		184,519		—		184,519
Exchange rate fluctuations	123		204		(1,327)		(171)		—		291		260		(620)
Balance as of April 30, 2023	$	173,093	$	325,558	$	46,237	$	46,401	$	972	$	254,666	$	62,564	$	909,491

_______________________________

(1)Segment data for FY'22 has been recast to reflect the division of the RPO & Professional Search segment into the RPO segment and Professional Search & Interim segment.

(2)Additions to goodwill in fiscal 2022 were due to $76.8 million and $28.2 million from the acquisition of the Lucas Group and Patina, respectively.

(3)Additions to goodwill in fiscal 2023 were due to $68.3 million and $116.2 million from the acquisition of the ICS and Salo, respectively.

Intangible Assets

Intangible assets include the following:

	April 30, 2023						April 30, 2022
	(in thousands)
Amortized intangible assets:	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Customer lists	$	192,099	$	(104,429)	$	87,670	$	146,799	$	(89,024)	$	57,775
Intellectual property	69,100		(47,187)		21,913		69,100		(40,720)		28,380
Proprietary databases	4,256		(4,256)		—		4,256		(4,256)		—
Non-compete agreements	910		(910)		—		910		(910)		—
Trademarks	12,086		(7,123)		4,963		8,986		(5,261)		3,725
Total (1)	$	278,451	$	(163,905)	114,546		$	230,051	$	(140,171)	89,880
Exchange rate fluctuations					(120)						(110)
Total Intangible assets					$	114,426					$	89,770

_______________________________

(1)In fiscal 2023 there were intangible assets additions of $16.4 million and $32.0 million from the acquisition of the ICS and Salo, respectively. In fiscal 2022 there were intangible assets additions of $11.6 million and $5.7 million from the acquisition of the Lucas Group and Patina, respectively.

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)
2024	$	25,604
2025	24,256
2026	22,859
2027	17,106
2028	10,080
Thereafter	14,521
	$	114,426