Fee Revenue (Tables)

6 Months Ended

Oct. 31, 2025

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, 2025 and April 30, 2025:

	October 31, 2025		April 30, 2025
	(in thousands)
Contract assets-unbilled receivables	$	131,212	$	113,743
Contract liabilities-deferred revenue	$	220,899	$	245,379

Schedule of Disaggregation of Fee Revenue by Industry

The following table provides further disaggregation of fee revenue by industry:

	Three Months Ended October 31,
	2025				2024
	Dollars		%		Dollars		%
	(dollars in thousands)
Industrial	$	234,045	32.4	%	$	208,012	30.9	%
Financial Services	135,915		18.8		126,110		18.7
Life Sciences/Healthcare	119,114		16.5		112,598		16.7
Technology	104,473		14.5		96,017		14.2
Consumer Goods	84,953		11.8		88,498		13.1
Education/Non–Profit/General	43,199		6.0		43,130		6.4
Fee Revenue	$	721,699	100.0	%	$	674,365	100.0	%

	Six Months Ended October 31,
	2025				2024
	Dollars		%		Dollars		%
	(dollars in thousands)
Industrial	$	452,883	31.7	%	$	406,784	30.1	%
Financial Services	272,354		19.0		251,247		18.6
Life Sciences/Healthcare	236,558		16.5		231,588		17.2
Technology	209,805		14.7		193,937		14.4
Consumer Goods	169,334		11.8		173,645		12.9
Education/Non–Profit/General	89,378		6.3		92,110		6.8
Fee Revenue	$	1,430,312	100.0	%	$	1,349,311	100.0	%