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Restructuring and Related Charges
12 Months Ended
Apr. 30, 2018
Restructuring and Related Charges [Abstract]  
Restructuring and Related Charges
Note 6 – Restructuring and Related Charges

In fiscal years 2018, 2017 and 2016, we recorded pre-tax restructuring and related charges of $28.6 million, $13.4 million, and $28.6 million, respectively, which are reflected in the Restructuring and Related Charges line item on the Consolidated Statements of Income and described in more detail below:

Restructuring and Reinvestment Program:

Beginning in fiscal year 2013, we initiated a global program (the "Restructuring and Reinvestment Program") to restructure and realign our cost base with current and anticipated future market conditions. We are targeting a majority of the expected cost savings achieved to improve margins and earnings, while the remainder will be reinvested in high-growth digital business opportunities.

The following tables summarize the pre-tax restructuring charges related to this program:

  
2018
  
2017
  
2016
  
Total Charges
Incurred to Date
 
Charges by Segment:
            
Research
 
$
5,257
  
$
1,949
  
$
2,982
  
$
25,413
 
Publishing
  
6,443
   
1,596
   
4,507
   
38,931
 
Solutions
  
3,695
   
1,787
   
1,042
   
6,247
 
Corporate Expenses
  
13,171
   
8,023
   
20,080
   
95,919
 
Total Restructuring and Related Charges
 
$
28,566
  
$
13,355
  
$
28,611
  
$
166,510
 
                 
Charges (Credits) by Activity:
                
Severance
 
$
27,213
  
$
8,386
  
$
16,443
  
$
114,803
 
Process Reengineering Consulting
  
1,815
   
148
   
7,191
   
20,629
 
Other Activities
  
(462
)
  
4,821
   
4,977
   
31,078
 
Total Restructuring and Related Charges
 
$
28,566
  
$
13,355
  
$
28,611
  
$
166,510
 

Other Activities in 2017 and 2016 reflects leased facility consolidations, contract termination costs, and the curtailment of certain defined benefit pension plans.

The following table summarizes the activity for the Restructuring and Reinvestment Program liability for fiscal year 2018:

  
April 30, 2017
  
Charges
  
Payments
  
Foreign Translation
and Reclassification
  
April 30, 2018
 
Severance
 
$
10,082
  
$
27,213
  
$
(21,197
)
 
$
1,181
  
$
17,279
 
Process Reengineering Consulting
  
   
1,815
   
(1,815
)
  
   
 
Other Activities
  
12,708
   
(462
)
  
(7,583
)
  
(1,891
)
  
2,772
 
Total
 
$
22,790
  
$
28,566
  
$
(30,595
)
 
$
(710
)
 
$
20,051
 

The restructuring liability for accrued severance costs of $17.3 million is reflected in Accrued Employment Costs on the Consolidated Statements of Financial Position. Approximately $0.9 million and $1.9 million of the Other Activities are included in Other Accrued Liabilities and Other Long-Term Liabilities, respectively on the Consolidated Statements of Financial Position. The amount included in Other Long-Term Liabilities that relates to Other Activities is expected to be paid starting in 2020 until 2022.