Accumulated Other Comprehensive Loss

6 Months Ended

Oct. 31, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Changes in Accumulated other comprehensive loss by component, net of tax, for the three and six months ended October 31, 2024 and 2023 were as follows:


	Foreign Currency Translation		Unamortized Retirement Costs		Interest Rate Swaps		Total

Balance at July 31, 2024	$	(318,864)	$	(202,962)	$	(1,766)	$	(523,592)
Other comprehensive income (loss) before reclassifications	4,717		(1,142)		189		3,764
Amounts reclassified from accumulated other comprehensive loss	23,227		1,536		(1,243)		23,520
Total other comprehensive income (loss)	27,944		394		(1,054)		27,284
Balance at October 31, 2024	$	(290,920)	$	(202,568)	$	(2,820)	$	(496,308)


Balance at April 30, 2024	$	(333,827)	$	(200,922)	$	6,310	$	(528,439)
Other comprehensive income (loss) before reclassifications	19,680		(4,691)		(6,599)		8,390
Amounts reclassified from accumulated other comprehensive loss	23,227		3,045		(2,531)		23,741
Total other comprehensive income (loss)	42,907		(1,646)		(9,130)		32,131
Balance at October 31, 2024	$	(290,920)	$	(202,568)	$	(2,820)	$	(496,308)


	Foreign Currency Translation		Unamortized Retirement Costs		Interest Rate Swaps		Total

Balance at July 31, 2023	$	(315,172)	$	(208,643)	$	6,770	$	(517,045)
Other comprehensive (loss) income before reclassifications	(33,865)		8,528		1,337		(24,000)
Amounts reclassified from accumulated other comprehensive loss	—		1,466		(2,391)		(925)
Total other comprehensive (loss) income	(33,865)		9,994		(1,054)		(24,925)
Balance at October 31, 2023	$	(349,037)	$	(198,649)	$	5,716	$	(541,970)


Balance at April 30, 2023	$	(326,346)	$	(206,806)	$	4,250	$	(528,902)
Other comprehensive (loss) income before reclassifications	(22,691)		5,204		6,034		(11,453)
Amounts reclassified from accumulated other comprehensive loss	—		2,953		(4,568)		(1,615)
Total other comprehensive (loss) income	(22,691)		8,157		1,466		(13,068)
Balance at October 31, 2023	$	(349,037)	$	(198,649)	$	5,716	$	(541,970)

In connection with the sale of Wiley Edge and CrossKnowledge, in the three and six months ended October 31, 2024, we reclassified $23.2 million of cumulative translation adjustments out of Accumulated Other Comprehensive Loss and included in the Net gain (loss) on sale of businesses, assets, and impairment charges related to assets held-for-sale in our Unaudited Condensed Consolidated Statements of Net Income (Loss).

During the three and six months ended October 31, 2024, pretax actuarial losses included in Unamortized Retirement Costs of approximately $2.0 million and $4.1 million, respectively, and in the three and six months ended October 31, 2023, of approximately $2.0 million and $3.9 million, respectively, were amortized from Accumulated other comprehensive loss and recognized as pension and post-retirement benefit expense primarily in Operating and administrative expenses and Other income (expense), net on our Unaudited Condensed Consolidated Statements of Net Income (Loss).

Our policy for releasing the income tax effects from accumulated other comprehensive (loss) income is to release when the corresponding pretax accumulated other comprehensive (loss) income items are reclassified to earnings.