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Fee Revenue (Tables)
6 Months Ended
Oct. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Asset and Liability
The following table outlines the Company’s contract asset and liability balances as of October 31, 2023 and April 30, 2023:
October 31, 2023April 30, 2023
(in thousands)
Contract assets-unbilled receivables$133,565 $99,442 
Contract liabilities-deferred revenue$223,232 $257,067 
Schedule of Disaggregation of Fee Revenue by Industry
The following table provides further disaggregation of fee revenue by industry:
Three Months Ended October 31,
20232022
Dollars%Dollars%
(dollars in thousands)
Industrial$204,931 29.1 %$206,448 28.4 %
Life Sciences/Healthcare123,865 17.6 133,595 18.4 
Financial Services122,048 17.3 131,199 18.0 
Technology98,129 13.9 124,605 17.1 
Consumer Goods96,996 13.8 99,280 13.6 
Education/Non–Profit/General58,034 8.3 32,722 4.5 
Fee Revenue$704,003 100.0 %$727,849 100.0 %
Six Months Ended October 31,
20232022
Dollars%Dollars%
(dollars in thousands)
Industrial$406,849 29.0 %$402,357 28.3 %
Financial Services250,372 17.9 249,998 17.5 
Life Sciences/Healthcare243,219 17.3 266,799 18.7 
Technology213,902 15.2 247,257 17.4 
Consumer Goods193,423 13.8 195,228 13.7 
Education/Non–Profit/General95,427 6.8 62,113 4.4 
Fee Revenue$1,403,192 100.0 %$1,423,752 100.0 %