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Fee Revenue (Tables)
12 Months Ended
Apr. 30, 2021
Revenue From Contract With Customer [Abstract]  
Schedule of Contract Asset and Liability

The following table outlines our contract asset and liability balances as of April 30, 2021 and 2020:

 

 

April 30,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Contract assets-unbilled receivables

 

$

82,842

 

 

$

65,370

 

Contract liabilities-deferred revenue

 

$

184,610

 

 

$

133,128

 

 

Schedule of Disaggregation of Fee Revenue by Industry

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

 

 

 

Year Ended April 30,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

Dollars

 

 

%

 

 

Dollars

 

 

%

 

 

Dollars

 

 

%

 

 

 

(dollars in thousands)

 

Industrial

 

$

490,863

 

 

 

27.1

%

 

$

556,189

 

 

 

28.8

%

 

$

557,284

 

 

 

28.9

%

Life Sciences/Healthcare

 

 

355,668

 

 

 

19.7

 

 

 

343,955

 

 

 

17.8

 

 

 

322,574

 

 

 

16.7

 

Financial Services

 

 

331,976

 

 

 

18.3

 

 

 

334,433

 

 

 

17.3

 

 

 

348,460

 

 

 

18.1

 

Consumer Goods

 

 

239,457

 

 

 

13.2

 

 

 

285,927

 

 

 

14.8

 

 

 

295,900

 

 

 

15.4

 

Technology

 

 

275,510

 

 

 

15.2

 

 

 

285,562

 

 

 

14.8

 

 

 

261,176

 

 

 

13.6

 

Education/NonProfit/General

 

 

116,573

 

 

 

6.5

 

 

 

126,666

 

 

 

6.5

 

 

 

140,639

 

 

 

7.3

 

Fee Revenue

 

$

1,810,047

 

 

 

100.0

%

 

$

1,932,732

 

 

 

100.0

%

 

$

1,926,033

 

 

 

100.0

%