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Fee Revenue (Tables)
3 Months Ended
Jul. 31, 2024
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 July 31, 2024 and April 30, 2024:
July 31, 2024April 30, 2024
(in thousands)
Contract assets-unbilled receivables$122,244 $116,368 
Contract liabilities-deferred revenue$227,614 $240,958 
Schedule of Disaggregation of Fee Revenue by Industry
The following table provides further disaggregation of fee revenue by industry:
Three Months Ended July 31,
20242023
Dollars%Dollars%
(dollars in thousands)
Industrial$198,772 29.5 %$201,918 28.9 %
Financial Services125,137 18.5 128,324 18.3 
Life Sciences/Healthcare118,990 17.6 119,354 17.1 
Technology97,920 14.5 115,773 16.6 
Consumer Goods85,147 12.6 96,427 13.8 
Education/Non–Profit/General48,980 7.3 37,393 5.3 
Fee Revenue$674,946 100.0 %$699,189 100.0 %