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Fee Revenue (Tables)
6 Months Ended
Oct. 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 October 31, 2024 and April 30, 2024:
October 31, 2024April 30, 2024
(in thousands)
Contract assets-unbilled receivables$124,759 $116,368 
Contract liabilities-deferred revenue$215,546 $240,958 
Schedule of Disaggregation of Fee Revenue by Industry
The following table provides further disaggregation of fee revenue by industry:
Three Months Ended October 31,
20242023
Dollars%Dollars%
(dollars in thousands)
Industrial$208,012 30.9 %$204,931 29.1 %
Financial Services
126,110 18.7 122,048 17.3 
Life Sciences/Healthcare
112,598 16.7 123,865 17.6 
Technology
96,017 14.2 98,129 13.9 
Consumer Goods
88,498 13.1 96,996 13.8 
Education/Non–Profit/General43,130 6.4 58,034 8.3 
Fee Revenue$674,365 100.0 %$704,003 100.0 %
Six Months Ended October 31,
20242023
Dollars%Dollars%
(dollars in thousands)
Industrial$406,784 30.1 %$406,849 29.0 %
Financial Services251,247 18.6 250,372 17.9 
Life Sciences/Healthcare231,588 17.2 243,219 17.3 
Technology193,937 14.4 213,902 15.2 
Consumer Goods173,645 12.9 193,423 13.8 
Education/Non–Profit/General92,110 6.8 95,427 6.8 
Fee Revenue$1,349,311 100.0 %$1,403,192 100.0 %