John Wiley & Sons (WLY) 10-Q 8 Mar 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jan. 31, 2019	Feb. 28, 2019
Entity Information [Line Items]
Entity Registrant Name	WILEY JOHN & SONS, INC.
Entity Central Index Key	107,140
Current Fiscal Year End Date	--04-30
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jan. 31, 2019
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q3
Common Stock Class A [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		0
Common Stock Class B [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		0

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - UNAUDITED - USD ($) $ in Thousands	Jan. 31, 2019		Apr. 30, 2018
Current Assets
Cash and cash equivalents	$ 132,758		$ 169,773
Accounts receivable, net	194,764	[1]	212,377
Inventories, net	35,264		39,489
Prepaid expenses and other current assets	68,657		58,332
Total Current Assets	431,443		479,971
Product Development Assets	62,004		78,814
Royalty Advances, net	42,903		37,058
Technology, Property and Equipment, net	286,172		289,934
Intangible Assets, net	892,603		848,071
Goodwill	1,103,222		1,019,801
Other Non-Current Assets	93,279		85,802
Total Assets	2,911,626		2,839,451
Current Liabilities
Accounts payable	85,111		90,097
Accrued royalties	135,863		73,007
Contract liability (Deferred revenue)	271,541	[1]	486,353
Accrued employment costs	81,571		116,179
Accrued income taxes	20,781		13,927
Other accrued liabilities	83,398		94,748
Total Current Liabilities	678,265		874,311
Long-Term Debt	633,523		360,000
Accrued Pension Liability	150,131		190,301
Deferred Income Tax Liabilities	157,786		143,518
Other Long-Term Liabilities	96,492		80,764
Total Liabilities	1,716,197		1,648,894
Shareholders' Equity
Preferred Stock, $1 par value: Authorized - 2 million, Issued - 0	0		0
Additional paid-in-capital	423,466		407,120
Retained earnings	1,886,620		1,834,057
Accumulated other comprehensive loss	(474,266)		(439,580)
Treasury stock (Class A 22,190,282 and 21,853,257 as of January 31, 2019 and April 30, 2018, respectively; Class B 3,917,574 and 3,917,574 as of January 31, 2019 and April 30, 2018, respectively)	(723,573)		(694,222)
Total Shareholders' Equity	1,195,429		1,190,557
Total Liabilities and Shareholders' Equity	2,911,626		2,839,451
Class A [Member]
Shareholders' Equity
Common Stock	70,125		70,111
Class B [Member]
Shareholders' Equity
Common Stock	$ 13,057		$ 13,071
[1]	Due to the adoption of the new revenue standard, the sales return reserve as of January 31, 2019 of $36.7 million is recorded in Contract Liability (Deferred Revenue). In prior periods, it was recorded as a reduction to Accounts Receivable, net on the Unaudited Condensed Consolidated Statement of Financial Position.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - UNAUDITED (Parenthetical) - $ / shares	Jan. 31, 2019	Apr. 30, 2018
Shareholders' Equity
Preferred Stock, par value (in dollars per share)	$ 1	$ 1
Preferred Stock, shares authorized (in shares)	2,000,000	2,000,000
Preferred Stock, shares issued (in shares)	0	0
Class A [Member]
Shareholders' Equity
Common Stock, par value (in dollars per share)	$ 1	$ 1
Common Stock, shares authorized (in shares)	180,000,000	180,000,000
Common Stock, shares issued (in shares)	70,124,963	70,110,603
Treasury stock (in shares)	22,190,282	21,853,257
Class B [Member]
Shareholders' Equity
Common Stock, par value (in dollars per share)	$ 1	$ 1
Common Stock, shares authorized (in shares)	72,000,000	72,000,000
Common Stock, shares issued (in shares)	13,056,707	13,071,067
Treasury stock (in shares)	3,917,574	3,917,574

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED - USD ($) shares in Thousands, $ in Thousands		3 Months Ended			9 Months Ended
		Jan. 31, 2019	Jan. 31, 2018		Jan. 31, 2019	Jan. 31, 2018
Revenue, net		$ 449,367	$ 455,675		$ 1,308,890	$ 1,318,850
Costs and Expenses
Cost of sales	[1]	143,879	136,362	[2]	404,194	394,444	[2]
Operating and administrative expenses	[1],[2]	240,715	239,548		717,348	703,158
Restructuring and related (credits) charges		(348)	2,208		3,562	26,531
Amortization of intangibles		14,775	12,163		39,825	35,965
Total Costs and Expenses		399,021	390,281		1,164,929	1,160,098
Operating Income		50,346	65,394	[3]	143,961	158,752	[3]
Interest Expense		(5,346)	(3,295)		(11,750)	(10,023)
Foreign Exchange Transaction Losses		(2,525)	(6,032)		(4,308)	(11,584)
Interest and Other Income		2,742	2,200		7,717	6,694
Income Before Taxes		45,217	58,267		135,620	143,839
Provision (Benefit) for Income Taxes		10,275	(10,575)		30,599	5,713
Net Income		$ 34,942	$ 68,842		$ 105,021	$ 138,126
Earnings Per Share
Basic (in dollars per share)		$ 0.61	$ 1.21		$ 1.83	$ 2.42
Diluted (in dollars per share)		$ 0.61	$ 1.19		$ 1.81	$ 2.39
Weighted Average Number of Common Shares Outstanding
Basic (in shares)		57,158	57,035		57,330	56,979
Diluted (in shares)		57,626	57,871		57,882	57,736
[1]	In connection with the acquisition of The Learning House, Inc. ("Learning House"), we changed our accounting policy for certain advertising and marketing costs related to the Education Services business. Under the new accounting policy, these costs are included in Cost of Sales whereas they were previously included in Operating and Administrative Expenses on the Unaudited Condensed Consolidated Statements of Income. Including these expenses in Cost of Sales will better align these costs with the related revenue and conform with the presentation of such costs for Learning House. This change in accounting policy was applied retrospectively. The Condensed Consolidated Statements of Income for the three and nine months ended January 31, 2018 have been reclassified to reflect this change in accounting policy. The impact of this reclassification was an increase to Cost of Sales and a corresponding decrease to Operating and Administrative Expenses of $11.2 million and $34.7 million for the three and nine months ended January 31, 2018, respectively. This reclassification had no impact on Revenue, net, Operating Income, Net Income, or Earnings per Share. Refer to Note 3, "Acquisition," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.
[2]	Due to the retrospective adoption of Accounting Standards Update ("ASU") 2017-07, "Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,", total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest and Other Income for the three and nine months ended January 31, 2018, respectively. Total net benefits related to the non-service components of defined benefit and other post-employment benefit plans were $2.1 million and $6.6 million for the three and nine months ended January 31, 2019, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.
[3]	Due to the retrospective adoption of ASU 2017-07, total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest Income and Other for the three and nine months ended January 31, 2018, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information. The impact of the reclassification on Contribution to Profit by segment for the three months ended January 31, 2018 was $1.0 million in Research, $0.6 million in Publishing, and $0.4 million in Corporate expenses. The impact of the reclassification on Contribution to Profit by segment for the nine months ended January 31, 2018 was $3.1 million in Research, $1.7 million in Publishing, and $1.2 million in Corporate expenses.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED (Parenthetical) - USD ($) $ in Thousands		3 Months Ended			9 Months Ended
		Jan. 31, 2019	Jan. 31, 2018		Jan. 31, 2019	Jan. 31, 2018
Costs and Expenses
Net charges (benefits)		$ (1,904)	$ (1,762)		$ (5,823)	$ (5,144)
Cost of sales	[1]	143,879	136,362	[2]	404,194	394,444	[2]
Operating and administrative expenses	[1],[2]	240,715	239,548		717,348	703,158
Change in Accounting Policy for Certain Advertising and Marketing Costs [Member] | The Learning House, Inc. [Member]
Costs and Expenses
Cost of sales			11,200			34,700
Operating and administrative expenses			(11,200)			(34,700)
ASU 2017-07 Member] | Operating and Administrative Expenses [Member]
Costs and Expenses
Net charges (benefits)			2,000			6,000
ASU 2017-07 Member] | Interest and Other Income [Member]
Costs and Expenses
Net charges (benefits)		$ 2,100	$ (2,000)		$ 6,600	$ (6,000)
[1]	In connection with the acquisition of The Learning House, Inc. ("Learning House"), we changed our accounting policy for certain advertising and marketing costs related to the Education Services business. Under the new accounting policy, these costs are included in Cost of Sales whereas they were previously included in Operating and Administrative Expenses on the Unaudited Condensed Consolidated Statements of Income. Including these expenses in Cost of Sales will better align these costs with the related revenue and conform with the presentation of such costs for Learning House. This change in accounting policy was applied retrospectively. The Condensed Consolidated Statements of Income for the three and nine months ended January 31, 2018 have been reclassified to reflect this change in accounting policy. The impact of this reclassification was an increase to Cost of Sales and a corresponding decrease to Operating and Administrative Expenses of $11.2 million and $34.7 million for the three and nine months ended January 31, 2018, respectively. This reclassification had no impact on Revenue, net, Operating Income, Net Income, or Earnings per Share. Refer to Note 3, "Acquisition," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.
[2]	Due to the retrospective adoption of Accounting Standards Update ("ASU") 2017-07, "Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,", total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest and Other Income for the three and nine months ended January 31, 2018, respectively. Total net benefits related to the non-service components of defined benefit and other post-employment benefit plans were $2.1 million and $6.6 million for the three and nine months ended January 31, 2019, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED [Abstract]
Net Income	$ 34,942	$ 68,842	$ 105,021	$ 138,126
Other Comprehensive Income (Loss):
Foreign currency translation adjustment	17,515	51,401	(43,234)	84,442
Unamortized retirement costs, tax (benefit) provision of $(596), $(2,377), $3,121, and $(3,085), respectively	(2,081)	(8,587)	11,117	(11,113)
Unrealized gain on interest rate swaps, tax (benefit) provision of $(1,263), $450, $(814) and $478, respectively	(1,136)	734	(2,569)	780
Total Other Comprehensive Income (Loss)	14,298	43,548	(34,686)	74,109
Comprehensive Income	$ 49,240	$ 112,390	$ 70,335	$ 212,235

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Other Comprehensive Income (Loss):
Unamortized retirement costs, tax (benefit) provision	$ (596)	$ (2,377)	$ 3,121	$ (3,085)
Unrealized gain on interest rate swaps, tax (benefit) provision	$ (1,263)	$ 450	$ (814)	$ 478

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - UNAUDITED - USD ($) $ in Thousands		9 Months Ended
		Jan. 31, 2019	Jan. 31, 2018
Operating Activities
Net income		$ 105,021	$ 138,126
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangibles		39,825	35,965
Amortization of product development spending		29,301	30,314
Depreciation and amortization of technology, property and equipment		52,414	48,471
Restructuring charges		3,562	26,531
Stock-based compensation expense		14,974	6,510
Royalty advances		(100,454)	(89,366)
Earned royalty advances		94,240	81,976
Impairment of publishing brand		0	3,600
Other non-cash credits		10,898	(4,976)
Net change in operating assets and liabilities		(202,173)	(86,484)
Net Cash Provided by Operating Activities		47,608	190,667
Investing Activities
Product development spending		(14,251)	(30,426)
Additions to technology, property and equipment		(49,988)	(78,958)
Businesses acquired in purchase transaction, net of cash acquired		(190,467)	0
Acquisitions of publication rights and other		(4,386)	(25,227)
Net Cash Used in Investing Activities		(259,092)	(134,611)
Financing Activities
Repayment of long-term debt		(217,200)	(238,951)
Borrowing of long-term debt		490,512	305,754
Purchase of treasury shares		(34,994)	(29,257)
Change in book overdrafts		(6,657)	(8,884)
Cash dividends		(56,963)	(55,093)
Net proceeds from exercise of stock options and other		6,278	30,606
Net Cash Provided by Financing Activities		180,976	4,175
Effects of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash	[1]	(6,359)	10,015
Cash, Cash Equivalents and Restricted Cash
(Decrease)/Increase for the Period	[1]	(36,867)	70,246
Balance at Beginning of Period	[1]	170,257	58,516
Balance at End of Period	[1]	133,390	128,762
Cash Paid During the Period for:
Interest		10,781	10,766
Income taxes, net of refunds		29,604	39,655
Warrants [Member]
Non-cash items associated with acquisition
Warrants to purchase 0.4 million shares of Wiley Class A Common Stock issued in connection with the Learning House acquisition			$ 0
Learning House [Member] | Warrants [Member]
Non-cash items associated with acquisition
Warrants to purchase 0.4 million shares of Wiley Class A Common Stock issued in connection with the Learning House acquisition		$ 565
[1]	Due to the retrospective adoption of ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," we are now required to include restricted cash as part of the change in cash, cash equivalents, and restricted cash. As a result, amounts which were previously classified as cash flows from operating activities have been reclassified as they are recognized in the total change in cash, cash equivalents and restricted cash. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.

CONDENSED CONSOLIDATED STATEM_8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - UNAUDITED (Parenthetical) shares in Millions	Jan. 31, 2019shares
Learning House [Member] | Warrants [Member] | Common Stock Class A [Member]
Non-cash items associated with acquisition
Warrants to purchase shares, in connection with acquisition (in shares)	0.4

CONDENSED CONSOLIDATED STATEM_9

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - UNAUDITED - USD ($) $ in Thousands	Common Stock [Member]Class A [Member]	Common Stock [Member]Class B [Member]	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member]Class A [Member]	Additional Paid-in Capital [Member]Class B [Member]	Retained Earnings [Member]	Retained Earnings [Member]Class A [Member]	Retained Earnings [Member]Class B [Member]	Treasury Stock [Member]	Treasury Stock [Member]Class A [Member]	Treasury Stock [Member]Class B [Member]	Accumulated Other Comprehensive Loss [Member]	Accumulated Other Comprehensive Loss [Member]Class A [Member]	Accumulated Other Comprehensive Loss [Member]Class B [Member]	Total	Class A [Member]	Class B [Member]
Balance at Apr. 30, 2017	$ 70,086	$ 13,096	$ 387,896			$ 1,715,423			$ (676,077)			$ (507,287)			$ 1,003,137
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted Shares Issued under Stock-based Compensation Plans	0	0	(2,706)			(10)			2,904			0			188
Net (Payments)/Proceeds from Exercise of Stock Options and Other	0	0	14,327			0			16,279			0			30,606
Excess Tax Benefits from Stock-based Compensation	0	0	0			0			0			0			0
Stock-based Compensation Expense	0	0	6,450			0			60			0			6,510
Purchase of Treasury Shares	0	0	0			0			(29,257)			0			(29,257)
Common Stock Dividends	0	0		$ 0	$ 0		$ (46,294)	$ (8,799)		$ 0	$ 0		$ 0	$ 0		$ (46,294)	$ (8,799)
Common Stock Class Conversions	21	(21)	0			0			0			0			0
Comprehensive Income (Loss)	0	0	0			138,126			0			74,109			212,235
Balance at Jan. 31, 2018	70,107	13,075	405,967			1,798,446			(686,091)			(433,178)			1,168,326
Balance at Oct. 31, 2017	70,097	13,085	392,493			1,747,998			(699,898)			(476,726)			1,047,050
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted Shares Issued under Stock-based Compensation Plans	0	0	(441)			0			489			0			48
Net (Payments)/Proceeds from Exercise of Stock Options and Other	0	0	10,001			0			13,258			0			23,259
Excess Tax Benefits from Stock-based Compensation	0	0	0			0			0			0			0
Stock-based Compensation Expense	0	0	3,914			0			60			0			3,974
Purchase of Treasury Shares	0	0	0			0			0			0			0
Common Stock Dividends	0	0		0	0		(15,463)	(2,931)		0	0		0	0		(15,463)	(2,931)
Common Stock Class Conversions	10	(10)	0			0			0			0			0
Comprehensive Income (Loss)	0	0	0			68,842			0			43,547			112,390
Balance at Jan. 31, 2018	70,107	13,075	405,967			1,798,446			(686,091)			(433,178)			1,168,326
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adjustment due to adoption of new revenue standard	0	0	0			4,503			0			0			4,503
Balance at Apr. 30, 2018	70,111	13,071	407,120			1,834,057			(694,222)			(439,580)			1,190,557
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted Shares Issued under Stock-based Compensation Plans	0	0	(3,911)			2			4,083			0			174
Net (Payments)/Proceeds from Exercise of Stock Options and Other	0	0	4,718			0			1,560			0			6,278
Excess Tax Benefits from Stock-based Compensation	0	0	0			0			0			0			0
Stock-based Compensation Expense	0	0	14,974			0			0			0			14,974
Purchase of Treasury Shares	0	0	0			0			(34,994)			0			(34,994)
Common Stock Dividends	0	0		0	0		(47,911)	(9,052)		0	0		0	0		(47,911)	(9,052)
Common Stock Class Conversions	14	(14)	0			0			0			0			0
Issuance of Warrants Related to Acquisition of a Business	0	0	565			0			0			0			565
Comprehensive Income (Loss)	0	0	0			105,021			0			(34,686)			70,335
Balance at Jan. 31, 2019	70,125	13,057	423,466			1,886,620			(723,573)			(474,266)			1,195,429
Balance at Oct. 31, 2018	70,125	13,057	417,718			1,870,609			(713,553)			(488,564)			1,169,392
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted Shares Issued under Stock-based Compensation Plans	0	0	(927)			0			1,004			0			77
Net (Payments)/Proceeds from Exercise of Stock Options and Other	0	0	18			0			(1,024)			0			(1,006)
Excess Tax Benefits from Stock-based Compensation	0	0	0			0			0			0			0
Stock-based Compensation Expense	0	0	6,092			0			0			0			6,092
Purchase of Treasury Shares	0	0	0			0			(10,000)			0			(10,000)
Common Stock Dividends	0	0		$ 0	$ 0		$ (15,915)	$ (3,016)		$ 0	$ 0		$ 0	$ 0		$ (15,915)	$ (3,016)
Common Stock Class Conversions	0	0	0			0			0			0			0
Issuance of Warrants Related to Acquisition of a Business	0	0	565			0			0			0			565
Comprehensive Income (Loss)	0	0	0			34,942			0			14,298			49,240
Balance at Jan. 31, 2019	$ 70,125	$ 13,057	$ 423,466			$ 1,886,620			$ (723,573)			$ (474,266)			$ 1,195,429

CONDENSED CONSOLIDATED STATE_10

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - UNAUDITED (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Class A [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock dividend (in dollars per share)	$ 0.33	$ 0.32	$ 0.99	$ 0.96
Class B [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock dividend (in dollars per share)	$ 0.33	$ 0.32	$ 0.99	$ 0.96

Basis of Presentation

Basis of Presentation	9 Months Ended
	Jan. 31, 2019
Basis of Presentation [Abstract]
Basis of Presentation	Note 1 Basis of Presentation Throughout this report, when we refer to “Wiley,” the “Company,” “we,” “our,” or “us,” we are referring to John Wiley & Sons, Inc. and all our subsidiaries, except where the context indicates otherwise. Our unaudited Condensed Consolidated Financial Statements include all the accounts of the Company and our subsidiaries. We have eliminated all significant intercompany transactions and balances in consolidation. In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements contain all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the Condensed Consolidated Financial Condition, Results of Operations, Comprehensive Income and Cash Flows for the periods presented. Operating results for the interim period are not necessarily indicative of the results expected for the full year. All amounts are in thousands, except per share amounts, and approximate due to rounding. These financial statements should be read in conjunction with the most recent audited consolidated financial statements included in our Form 10-K for the fiscal year ended April 30, 2018 as filed with the SEC on June 29, 2018 (“2018 Form 10-K”). Our Condensed Consolidated Financial Statements were prepared in accordance with the interim reporting requirements of the SEC. As permitted under those rules, annual footnotes or other financial information that are normally required by U.S. GAAP have been condensed or omitted. The preparation of our Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Certain prior year amounts have been reclassified to conform to the current year’s presentation. Change in Accounting Policy In connection with the acquisition of Learning House (See Note 3, “Acquisition”), we changed our accounting policy for certain advertising and marketing costs incurred by our Education Services business to fulfill performance obligations from contracts with educational institutions. Under the new accounting policy, these costs are included in Cost of Sales whereas they were previously included in Operating and Administrative Expenses on the Unaudited Condensed Consolidated Statements of Income. Including these expenses in Cost of Sales will better align these costs with the related revenue and conform with the presentation of such costs for Learning House. This change in accounting policy was applied retrospectively. The Unaudited Condensed Consolidated Statements of Income for the three and nine months ended January 31, 2018 have been reclassified to reflect this change in accounting policy. The impact of this reclassification was an increase to Cost of Sales and a corresponding decrease to Operating and Administrative Expenses of $11.2 million and $34.7 million for the three and nine months ended January 31, 2018, respectively. This reclassification had no impact on Revenue, net, Operating Income, Net Income, or Earnings per Share on the Unaudited Condensed Consolidated Statements of Income.

Recent Accounting Standards

Recent Accounting Standards	9 Months Ended
	Jan. 31, 2019
Recent Accounting Standards [Abstract]
Recent Accounting Standards	Note 2 Recent Accounting Standards Recently Adopted Accounting Standards Stock Compensation – Scope of Modification Accounting In May 2017, the Financial Accounting Standards Board (“FASB”) issued ASU 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting,” which clarifies when changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. Under the new guidance, modification accounting is only required if the fair value, vesting conditions or classification (equity or liability) of the new award are different from the original award immediately before the original award is modified. We adopted ASU 2017-09 on May 1, 2018 and there was no impact to our condensed consolidated financial statements. The new guidance must be applied prospectively to awards modified on or after the adoption date. The future impact of ASU 2017-09 will be dependent on the nature of future stock award modifications. Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost In March 2017, the FASB issued ASU 2017-07, “Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” The guidance requires that the service cost component of net pension and postretirement benefit costs be reported in the same line item as other compensation costs arising from services rendered by the pertinent employees during the period, while the other components of net benefit costs must be reported separately from the service cost component and below operating income. The guidance also allows only the service cost component to be eligible for capitalization when applicable. We adopted ASU 2017-07 on May 1, 2018. The new guidance must be applied retrospectively for the presentation of net benefit costs in the income statement and prospectively for the capitalization of the service cost component of net benefit costs. The effect of retrospectively adopting this guidance resulted in a reclassification of net benefits of $2.0 million and $6.0 million from Operating and Administrative Expenses to Interest and Other Income on the Unaudited Condensed Consolidated Statement of Operations for the three and nine months ended January 31, 2018, respectively. The amount included in Interest and Other Income on the Unaudited Condensed Consolidated Statement of Operations for the three and nine months ended January 31, 2019 was a net benefit of $2.1 million and $6.6 million, respectively. We do not capitalize any service costs. Business Combinations: Clarifying the Definition of a Business In January 2017, the FASB issued ASU 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business”, which clarifies the definition of a business in order to allow for the evaluation of whether transactions should be accounted for as acquisitions or disposals of assets or business. We adopted ASU 2017-01 on May 1, 2018. The future impact of ASU 2017-01 will be dependent upon the nature of future acquisitions or dispositions made by us. Statement of Cash Flows: Restricted Cash In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash.” ASU 2016-18 requires that entities include restricted cash and restricted cash equivalents with cash and cash equivalents in the beginning-of-period and end-of-period total amounts shown on the Statement of Cash Flows. We adopted ASU 2016-18 on May 1, 2018. Retrospective transition method is to be applied to each period presented. As a result of this retrospective adoption, the reclassification of restricted cash into a change in total cash resulted in a reduction in Cash Used in Operating Activities of $0.5 million for the nine months ended January 31, 2018. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Unaudited Condensed Consolidated Statement of Financial Position that sum to the total of the same such amounts shown in the Unaudited Condensed Consolidated Statement of Cash Flows. Balance at the Beginning of Period April 30, 2018 April 30, 2017 Cash and cash equivalents $ 169,773 $ 58,516 Restricted cash included in Prepaid expenses and other current assets 484 — Total cash, cash equivalents, and restricted cash shown in the Unaudited Condensed Consolidated Statement of Cash Flows $ 170,257 $ 58,516 Balance at the End of Period January 31, 2019 January 31, 2018 Cash and cash equivalents $ 132,758 $ 128,217 Restricted cash included in Prepaid expenses and other current assets 632 545 Total cash, cash equivalents, and restricted cash shown in the Unaudited Condensed Consolidated Statement of Cash Flows $ 133,390 $ 128,762 Income taxes: Intra-Entity Transfers of Assets Other than Inventory In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other than Inventory”, which simplifies the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Current U.S. GAAP prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. The new guidance states that an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Consequently, the amendments in this Standard eliminate the exception for an intra-entity transfer of an asset other than inventory. We adopted ASU 2016-16 on May 1, 2018. The adoption of ASU 2016-16 did not have a material impact to our condensed consolidated financial statements. Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments,” which provides clarification on classifying a variety of activities within the Statement of Cash Flows. We adopted ASU 2016-15 on May 1, 2018. The adoption of ASU 2016-15 did not have a material impact to our condensed consolidated statements of cash flows. Financial Instruments: Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, the FASB issued ASU 2016-01, “Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” Subsequently, the FASB issued ASU 2018-03, “Technical Corrections and Improvements to Financial Instruments-Overall.” ASU 2016-01 requires equity investments except those under the equity method of accounting to be measured at fair value with the changes in fair value recognized in net income. The amendment simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. In addition, it also requires enhanced disclosures about investments. We adopted ASU 2016-01 on May 1, 2018. The adoption of ASU 2016- 01 did not have a material impact to our condensed consolidated financial statements. Revenue from Contracts with Customers In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers," (Topic 606) which superseded most existing revenue recognition guidance. We adopted ASU 2014-09 on May 1, 2018. The standard allows for either "full retrospective" adoption, meaning the standard is applied to all periods presented, or "modified retrospective" adoption, meaning the standard is applied only to the most current period presented in the financial statements. Subsequently, the FASB issued ASU 2016-08, "Revenue from Contracts with Customers (Topic 606) – Principal versus Agent Considerations", ASU 2016-10, "Revenue from Contracts with Customers (Topic 606) – Identifying Performance Obligations and Licensing", ASU 2016-12, "Revenue from Contracts with Customers (Topic 606) – Narrow Scope Improvements and Practical Expedients", and ASU 2016-20, "Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers," which provide clarification and additional guidance related to ASU 2014-09. We also adopted ASU 2016-08, ASU 2016-10, ASU 2016-12, and ASU 2016-20 with ASU 2014-09 (collectively, the “new revenue standard”) on May 1, 2018. We utilized a comprehensive approach to assess the impact of the new revenue standard on our contract portfolio by reviewing our current accounting policies and practices to identify differences that would result from applying the new revenue standard to our revenue contracts. Additionally, we reviewed customer agreements representative of our business models and assessed whether changes in revenue recognition were appropriate under the new revenue standard. We adopted the new revenue standard as of May 1, 2018, using the modified retrospective method. The adoption of the new revenue standard did not have a material impact to our consolidated revenues, financial position, or results of operations. Upon adoption, we recorded an immaterial net increase to opening retained earnings resulting from the change in timing of when certain components of our revenue are recognized as required under the new revenue standard as compared to historical policies. Such changes include: (i) perpetual licenses granted in connection with other deliverables; revenue that was previously recognized over the life of the associated subscription for future content is now recognized at a point in time, which is when access to content is initially granted, (ii) customers’ unexercised rights; revenue which was previously recognized at the end of a pre-determined period for situations where we have received a nonrefundable payment for a customer to receive a good or service and the customer has not exercised such right is now recognized as revenue in proportion to the pattern of rights exercised by the customer, (iii) recognition of estimated revenue from royalty agreements in the period of usage, and (iv) recognition of revenue for certain arrangements with minimum guarantees on a time-based (straight-line) basis due to a stand-ready obligation to provide additional rights to content. The adoption of the new revenue standard resulted in the discontinuance of the historical practice of presenting accounts receivable and deferred revenue balances on a net basis for some of our subscription licensing agreements where we have invoiced a customer in advance of the related revenue being recognized and payment has not yet been received. As of April 30, 2018, the amounts that were previously netted down from accounts receivable and deferred revenue were $59.5 million. The current policy for our subscription licensing agreements is to record accounts receivable when performance occurs and recognize contract liabilities once the invoice is due, or cash payment is received from the customer. In addition, the adoption of the new revenue standard resulted in the reclassification of the sales return reserve provision to Contract Liability (Deferred Revenue) from Accounts Receivable, Net on the Unaudited Condensed Consolidated Statement of Financial Position. As of April 30, 2018, the amount was $28.3 million. The cumulative effect of the changes made to our consolidated balance sheet at May 1, 2018 as a result of adoption of the new revenue standard using the modified retrospective method were as follows: April 30, 2018 Adjustments due to Adoption May 1, 2018 Assets Accounts receivable, net $ 212,377 $ 93,349 $ 305,726 Product development assets 78,814 (3,725 ) 75,089 Technology, property and equipment, net 289,934 (361 ) 289,573 Other non-current assets 85,802 5,274 91,076 Liabilities Accrued royalties 73,007 (731 ) 72,276 Contract liability (Deferred revenue) 486,353 89,364 575,717 Deferred income tax liabilities 143,518 1,400 144,918 Retained earnings $ 1,834,057 $ 4,503 $ 1,838,560 The impact of the adoption of the new revenue standard on the Unaudited Condensed Consolidated Statements of Income was $0.4 million and $11.1 million in revenue, net, for the three months and nine months ended January 31, 2019, respectively, and was a credit of $(0.7) million in cost of sales for the three months ended January 31, 2019 and expense of $1.7 million for the nine months ended January 31, 2019. The impact to the Unaudited Condensed Consolidated Statement of Financial Position was not material by line item, except for the reclassification of the sales return reserve provision to contract liability from accounts receivable, net. The sales return reserve provision amount that is included in Contract Liability (Deferred Revenue) on the Unaudited Condensed Consolidated Statement of Financial Position as of January 31, 2019 was $36.7 million. Recently Issued Accounting Standards Intangibles-Goodwill and Other-Internal-Use Software: Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract In August 2018, the FASB issued ASU 2018-15, “Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.” ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The standard is effective for us on May 1, 2020, and interim periods within that fiscal year, with early adoption permitted. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Changes to the Disclosure Requirements for Defined Benefit Plans In August 2018, the FASB issued ASU 2018-14, “Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans.” ASU 2018-14 removes certain disclosures that are not considered cost beneficial, clarifies certain required disclosures and added additional disclosures. The standard is effective for us on May 1, 2021, with early adoption permitted. The amendments in ASU 2018-14 would need to be applied on a retrospective basis. We are currently assessing the impact the new guidance will have on our disclosures. Changes to the Disclosure Requirements for Fair Value Measurement In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement.” ASU 2018-13 removes certain disclosures, modifies certain disclosures and added additional disclosures. The standard is effective for us on May 1, 2020, with early adoption permitted. Certain disclosures in ASU 2018-13 would need to be applied on a retrospective basis and others on a prospective basis. We are currently assessing the impact the new guidance will have on our disclosures. Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In February 2018, the FASB issued ASU 2018-02 “Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income,” which allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act. The standard is effective for us on May 1, 2019, and interim periods within that fiscal year, with early adoption permitted. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Targeted Improvements to Accounting for Hedging Activities In August 2017, the FASB issued ASU 2017-12, “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities,” to simplify and improve the application and financial reporting of hedge accounting. Subsequently, in November 2018, the FASB issued ASU 2018-1 6, “Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes”. ASU 2017-12 Simplifying the Test for Goodwill Impairment In January 2017, the FASB issued ASU 2017-04, “Intangibles–Goodwill and Other (Topic 350): “Simplifying the Test for Goodwill Impairment”, which simplifies the measurement of a potential goodwill impairment charge by eliminating the requirement to calculate an implied fair value of the goodwill based on the fair value of a reporting unit’s other assets and liabilities. The new guidance eliminates the implied fair value method and instead measures a potential impairment charge based on the excess of a reporting unit’s carrying value compared to its fair value. The impairment charge cannot exceed the total amount of goodwill allocated to that reporting unit. The standard is effective for us on May 1, 2020, with early adoption permitted. Based on our most recent annual goodwill impairment test completed in fiscal year 2018, we expect no initial impact on adoption. Measurement of Credit Losses on Financial Instruments In June 2016, the FASB issued ASU 2016-13, “Financial Instruments—Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments.” Subsequently, in November 2018, the FASB issued ASU 2018-19, “Codification Improvements to Topic 326, Financial Instruments-Credit Losses”. ASU 2016-13 requires entities to measure all expected credit losses for most financial assets held at the reporting date based on an expected loss model which includes historical experience, current conditions, and reasonable and supportable forecasts. Entities will now use forward-looking information to better form their credit loss estimates. ASU 2016-13 also requires enhanced disclosures to help financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an entity’s portfolio. ASU 2016-13 and ASU 2018-19 are effective for us on May 1, 2020, including interim periods within those fiscal periods, with early adoption permitted. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Leases In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)”. Subsequently, the FASB issued in March 2019, ASU 2019-01, “Leases (Topic 842): Codification Improvements”, in December 2018 ASU 2018-20, “Leases (Topic 842): Narrow Scope Improvements for Lessors”, The new standard provides a number of optional practical expedients in transition. We expect to elect the practical expedients to forgo a reassessment of (1) whether any expired or existing contracts are or contain leases, (2) the lease classification for any expired or existing leases, and (3) initial direct costs. We do not expect to elect the practical expedient allowing the use-of-hindsight which would require us to reassess the lease term of our leases based on all facts and circumstances through the effective date. In addition, we do not expect to elect the practical expedient pertaining to land easements. In addition, the new standard provides as a practical expedient, certain policy elections for ongoing lease accounting to (i) not separate nonlease components from the associated lease component if certain conditions are met, and (ii) not recognize ROU assets and lease liabilities for leases that qualify as short-term. If the short-term recognition exemption is elected, we will not recognize ROU assets or lease liabilities for existing short-term leases in transition. We are currently assessing the impact these policy elections will have on our consolidated financial statements. The standard is effective for us on May 1, 2019, with early adoption permitted. A modified retrospective transition approach is required, applying the new standard to all leases existing at the date of initial application. A company may choose to use either (1) its effective date or (2) the beginning of the earliest comparative period presented in the financial statements as of its date of initial application. We will adopt the new standard on May 1, 2019 and expect to use the effective date as the date of initial application. Accordingly, previously reported financial information will not be updated, and the disclosures required under the new standard will not be provided for dates and periods before May 1, 2019. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Additionally, we are assessing the implementation of a lease accounting system for our leases, including the conversion of our existing lease data to a new system and implementing relevant internal controls and procedures.

Acquisition

Acquisition	9 Months Ended
	Jan. 31, 2019
Acquisition [Abstract]
Acquisition	Note 3 – Acquisition On November 1, 2018, we completed the acquisition of 100% of the outstanding stock of The Learning House, Inc. (“Learning House”) a diversified education services provider. Headquartered in Louisville, KY, Learning House provides online program management services including graduate and undergraduate programs; short courses, boot camps, and other skills training and credentialing for students and professionals; pathway services for international students ; The preliminary fair value of the consideration transferred was approximately $201.3 million which included $200.8 million of cash and $0.5 million of warrants. We financed the payment of the cash consideration through borrowings under our revolving credit agreement ("RCA"). The warrants were classified as equity and allow the holder to purchase 400,000 shares of our Class A Common Stock at an exercise price of $90.00, subject to adjustments. The fair value of the warrants was determined using the Black-Scholes option pricing model. The preliminary fair value of the cash consideration transferred, net of $10.3 million of cash acquired was approximately $190.5 million. The transaction was accounted for using the acquisition method of accounting. We recorded the preliminary fair value of the assets acquired and liabilities assumed on the acquisition date, which included $109.5 million of intangible assets, goodwill of $109.1 million and net liabilities assumed of $17.3 million, all of which are included in the Solutions segment. None of the goodwill will be deductible for tax purposes. The final allocation of the consideration transferred to the assets acquired and the liabilities assumed will be finalized within the measurement period, which will not exceed one year from the acquisition date. The following table summarizes the identifiable intangible assets acquired and their weighted-average useful life. Estimated Fair Value Weighted-Average Useful Life (in Years) Customer Relationships $ 103.8 15 Course Content 5.7 4 Total $ 109.5 Learning House’s revenue and operating (loss) included in our Solutions segment results for three and nine months ended January 31, 2019 was $13.4 million and $(5.2) million, respectively. Pro forma financial information related to this acquisition has not been provided as it is not material to our consolidated results of operations.

Revenue Recognition, Contracts

Revenue Recognition, Contracts with Customers	9 Months Ended
	Jan. 31, 2019
Revenue Recognition, Contracts with Customers [Abstract]
Revenue Recognition, Contracts with Customers	Note 4 Revenue Recognition, Contracts with Customers Revenue from contracts with customers is recognized using a five-step model consisting of the following: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when (or as) we satisfy a performance obligation. Performance obligations are satisfied when we transfer control of a good or service to a customer, which can occur over time or at a point in time. The amount of revenue recognized is based on the consideration to which we expect to be entitled in exchange for those goods or services, including the expected value of variable consideration. The customer’s ability and intent to pay the transaction price is assessed in determining whether a contract exists with the customer. If collectability of substantially all the consideration in a contract is not probable, consideration received is not recognized as revenue unless the consideration is nonrefundable, and we no longer have an obligation to transfer additional goods or services to the customer or collectability becomes probable. Disaggregation of Revenue The following tables present our revenue from contracts with customers disaggregated by segment and product type for the three and nine months ended January 31, 2019 and 2018: Three Months Ended January 31, 2019 2018 Research Publishing Solutions Total Research Publishing Solutions Total Research: Journals Subscriptions $ 152,291 $ — $ — $ 152,291 $ 160,287 $ — $ — $ 160,287 Open Access 14,194 — — 14,194 9,905 — — 9,905 Licensing, Reprints, Backfiles and Other 50,804 — — 50,804 45,035 — — 45,035 Publishing Technology Services (Atypon) 9,064 — — 9,064 8,262 — — 8,262 Publishing: STM and Professional Publishing — 64,599 — 64,599 — 80,775 — 80,775 Education Publishing — 37,437 — 37,437 — 48,446 — 48,446 Course Workflow (WileyPLUS) — 22,935 — 22,935 — 21,406 — 21,406 Test Preparation and Certification — 9,560 — 9,560 — 7,758 — 7,758 Licensing, Distribution, Advertising and Other — 11,104 — 11,104 — 11,859 — 11,859 Solutions: Education Services — — 46,207 46,207 — — 32,242 32,242 Professional Assessment — — 14,600 14,600 — — 13,228 13,228 Corporate Learning — — 16,572 16,572 — — 16,472 16,472 Total $ 226,353 $ 145,635 $ 77,379 $ 449,367 $ 223,489 $ 170,244 $ 61,942 $ 455,675 Nine Months Ended January 31, 2019 2018 Research Publishing Solutions Total Research Publishing Solutions Total Research: Journals Subscriptions $ 482,000 $ — $ — $ 482,000 $ 498,775 $ — $ — $ 498,775 Open Access 38,917 — — 38,917 28,058 — — 28,058 Licensing, Reprints, Backfiles and Other 132,041 — — 132,041 124,594 — — 124,594 Publishing Technology Services (Atypon) 27,032 — — 27,032 24,559 — — 24,559 Publishing: STM and Professional Publishing — 197,565 — 197,565 — 215,835 — 215,835 Education Publishing — 127,736 — 127,736 — 151,893 — 151,893 Course Workflow (WileyPLUS) — 42,142 — 42,142 — 38,926 — 38,926 Test Preparation and Certification — 29,343 — 29,343 — 27,167 — 27,167 Licensing, Distribution, Advertising and Other — 31,269 — 31,269 — 32,686 — 32,686 Solutions: Education Services — — 105,244 105,244 — — 88,316 88,316 Professional Assessment — — 47,667 47,667 — — 43,936 43,936 Corporate Learning — — 47,934 47,934 — — 44,105 44,105 Total $ 679,990 $ 428,055 $ 200,845 $ 1,308,890 $ 675,986 $ 466,507 $ 176,357 $ 1,318,850 Description of Revenue Generating Activities We generate our revenues from sales from our three reportable segments. We report our segment information in accordance with the provisions of FASB ASC Topic 280, “Segment Reporting” (“FASB ASC Topic 280”). Our segment reporting structure consists of three reportable segments, which are listed below, and a Corporate category: ● Research, ● Publishing, and ● Solutions. Research Segment Included within the Research segment are the following revenue streams: ● Journal Subscriptions, ● Open Access, ● Licensing, Reprints, Backfiles and Other, and ● Publishing Technology Services (Atypon). Journal Subscriptions We publish approximately 1,700 academic research journals. We sell journal subscriptions directly through our sales representatives, indirectly through independent subscription agents, through promotional campaigns, and through memberships in professional societies for those journals that are sponsored by societies. Journal subscriptions are primarily licensed through contracts for digital content available online through Wiley Online Library. In March 2018, we migrated our Wiley Online Library platform to our Literatum platform, which we acquired as part of our purchase of Atypon Systems, Inc. ( Atypon ) in fiscal year 2017. Contracts are negotiated by us directly with customers or their subscription agents. Subscription periods typically cover calendar years. Print journals are generally mailed to subscribers directly from independent printers. We do not own or manage printing facilities. Subscription revenue is generally collected in advance. In a In journal subscriptions, multiple performance obligations exist, which include a stand-ready promise to provide access to new content for one year and a perpetual license for access to historical journal content. The transaction price consists of fixed consideration. We allocate revenue to the stand-ready promise to provide access to new content for one year based on its standalone selling price and the revenue for new content is recognized over time as we have a continuous stand-ready obligation to provide the right of access to additional intellectual property. The allocation of revenue to the perpetual licenses for access to historical journal content is done using the expected cost plus a margin approach as permitted by the new revenue standard. Revenue is recognized at the point in time when access to historical content is initially granted. Open Access Under the Author-Funded Access business model, accepted research articles are published subject to payment of Article Publication Charges (“APC”). All Author-Funded Access articles are immediately free to access online. Contributors of Author-Funded Access articles retain many rights and typically license their work under terms that permit re-use. Author-Funded Access offers authors choices in how to share and disseminate their work, and it serves the needs of researchers who may be required by their research funder to make articles freely accessible without embargo. APCs are typically paid by the individual author or by the author’s funder, and payments are often mediated by the author’s institution. We provide specific workflows and infrastructure to authors, funders and institutions to support the requirements of the Author-Funded Access model. Customers in open access are typically individual educational institutions or a consortium of universities. Under the Author-Funded Access model, we have a signed contract with the customer that contains enforceable rights. The Author-Funded Access model in a typical model includes an over-time single performance obligation that combines a promise to host the customer’s content on our open access platform, and a promise to provide a discount on APCs of eligible users (as defined in the contract) in exchange for an upfront payment. Enforceable right to payment occurs over time as we fulfill our obligation to provide a discount to eligible users, as defined, on future APCs. Therefore, the upfront payment is deferred and recognized over time. Licensing, Reprints, Backfiles and Other Licensing, Reprints, Backfiles, and Other includes advertising, backfile sales, the licensing of publishing rights, journal and article reprints, and individual article sales. A backfile license provides access to a historical collection of Wiley journals, generally for a one-time fee. Within Licensing, the revenue derived from these contracts is primarily comprised of advance payments, including minimum guarantees and sales- or usage-based royalty agreements. For our sales-or usage-based royalty agreements, we recognize revenue in the period of usage based on the amounts earned. We record revenue under these arrangements for the amounts due and not yet reported to us based on estimates of the sales or usage of these customers and pursuant to the terms of the contracts. We also have certain licenses whereby we receive a non-refundable minimum guarantee against a volume-based royalty throughout the term of the agreement. We recognize revenue for the minimum guarantee on a straight-line basis over the term of the agreement because of the stand-ready promise to provide updates during the subscription period. We recognize volume-based royalty income only when cumulative consideration exceeds the minimum guarantee. Reprints contracts generally contain a single performance obligation which is the delivery of printed articles. Revenue is recognized at the time of delivery of the printed articles. For Backfiles, the performance obligation is the granting of a functional intellectual property license. Revenue is recognized at the time the functional intellectual property license is granted. Other includes our Article Select offering, whereby we have a single performance obligation to our customers to give access to an article through the purchase of a token. The customer redeems the token for access to the article for a 24-hour period. The customer purchases the tokens with an upfront cash payment. Revenue is recognized when access to the article is provided. Publishing Technology Services (Atypon) Atypon is a publishing software and service provider that enables scholarly and professional societies and publishers to deliver, host, enhance, market, and manage their content on the web through the Literatum Publishing Segment Included within the Publishing segment are the following revenue streams: ● STM (Scientific, Technical and Medical) and Professional Publishing, ● Education Publishing, ● Course Workflow (WileyPLUS), ● Test Preparation and Certification, and ● Licensing, Distribution, Advertising and Other. STM (Scientific, Technical and Medical) and Professional Publishing and Education Publishing STM books are sold and distributed globally in digital and print formats through multiple channels, including research libraries and library consortia, independent subscription agents, direct sales to professional society members, bookstores, online booksellers, and other customers. Professional books, which include business and finance, technology, and other professional categories, as well as the For Dummies Education textbooks and related supplementary material and digital products are sold primarily to bookstores and online booksellers serving both for-profit and nonprofit educational institutions (primarily colleges and universities), and direct-to-students. We employ sales representatives who call on faculty responsible for selecting books to be used in courses, and on the bookstores that serve such institutions and their students. The textbook business is seasonal, with the majority of textbook sales occurring during the July-through-October and December-through-January periods. Book sales for STM, Professional and Education Publishing are generally made on a returnable basis with certain restrictions. Our performance obligations as it relates to STM, Professional and Education Publishing are primarily book products delivered in both print and digital form which could include a single or multiple performance obligations based on the number of International Standard Book Number (“ISBN’s”) purchased. This revenue stream also includes variable consideration as it relates to discounts and returns for both print and digital books. Discounts are identifiable by performance obligation and therefore are applied at the point of sale by performance obligation. The process that we use to determine our sales returns and the related reserve provision charged against revenue is based on applying an estimated return rate to current year returnable print book sales. This rate is based upon an analysis of actual historical return experience in the various markets and geographic regions in which we do business. We collect, maintain and analyze significant amounts of sales returns data for large volumes of homogeneous transactions. This allows us to make reasonable estimates of the amount of future returns. All available data is utilized to identify the returns by market and to which fiscal year the sales returns apply. This enables management to track the returns in detail and identify and react to trends occurring in the marketplace, with the objective of being able to make the most informed judgments possible in setting reserve rates. Associated with the estimated sales return reserves, we also include a related reduction in inventory and royalty costs as a result of the expected returns. As it relates to print and digital books within the STM, Professional and Education Publishing, revenue is recognized at the point when control of product transfers, which for print is upon shipment or for digital when fulfillment of the products has been rendered. Course Workflow (WileyPLUS) We offer high-quality online learning solutions, including WileyPLUS, a research-based, online environment for effective teaching and learning that is integrated with a complete digital textbook. Course Workflow customers purchase access codes to utilize the product. This could include a single or multiple performance obligations based on the number of course ISBN’s purchased. Revenue is recognized from the point in time when the access codes are activated and then over the applicable semester term such product relates to. Test Preparation and Certification The Test Preparation and Certification business represents learning solutions and training activities that are delivered to customers directly through online digital delivery platforms. Products include CPAExcel, a modular, digital platform comprised of online self-study, videos, mobile apps, and sophisticated planning tools to help professionals prepare for the CPA exam, and test preparation products for the CFA®, CMA, CIA®, CMT®, FRN®, FINRA, Banking, and PMP® exams. Test Preparation and Certification contracts are generally three-year agreements. This revenue stream includes multiple performance obligations as it relates to the on-line and printed course materials, including such items as text books, e-books, video lectures, flashcards, study guides and test banks. The transaction price is fixed; however, discounts are offered and returns of certain products are allowed. We allocate revenue to each performance obligation based on its standalone selling price. Depending on the performance obligation, revenue is recognized at the time the product is delivered and control has passed to the customer or over time due to our stand-ready obligation to provide updates to the customer. Licensing, Distribution, Advertising and Other Licensing and distribution services are made available to other publishers under agency arrangements. We also engage in co-publishing titles with international publishers and receive licensing revenue from photocopies, reproductions, translations, and digital uses of our content. Wiley also realizes advertising revenue from branded Web sites (e.g., Dummies.com, etc.) and online applications. Licensing, Distribution, Advertising and Other contracts are generally multi-year agreements. Revenue derived from our licensing contracts is primarily comprised of advance payments and sales- or usage-based royalties. Revenue for advance payments is recognized at the point in time that the functional intellectual property license is granted. For sales- or usage- based royalties, we record revenue under these arrangements for the amounts due and not yet reported to us based on estimates of the sales or usage of these customers and pursuant to the terms of the contracts. Solutions Segment Included within the Solutions segment are the following revenue streams: ● Education Services, ● Professional Assessment, and ● Corporate Learning. Education Services As student demand for online degree and certificate programs continues to increase, traditional institutions are partnering with o nline program management Education Services includes a single performance obligation for the services provided because of the integrated technology and services our institutional clients need to attract, enroll, educate and support students. Consideration is variable since it is based on the number of students enrolled in a program. We begin to recognize revenue at the start of the delivery of the class within a semester, which is also the point at which the variable consideration contingency is resolved. Professional Assessment Our Professional Assessment services include pre-hire screening and post-hire personality assessments, which are delivered to business customers through online digital delivery platforms, either directly or through an authorized distributor network of independent consultants, trainers, and coaches. Professional Assessment services contracts are generally one year. Professional Assessment includes a performance obligation to stand ready to provide assessments to our distributor’s customers or to provide assessments direct to a customer. Revenue for Professional Assessments is recognized at the time the product or service is provided or delivered. Consideration is allocated to assessments based on standalone selling prices. In addition, as it relates to Professional Assessments customers' unexercised rights for situations where we have received a nonrefundable payment for a customer to receive a good or service and the customer is not expected to exercise such right, we will recognize such “breakage” amounts as revenue in proportion to the pattern of rights exercised by the customer. Corporate Learning The Corporate Learning business offers online learning and training solutions for global corporations, universities, and small and medium-sized enterprises, which are sold on a subscription or fee basis. Learning formats and modules on topics such as leadership development, value creation, client orientation, change management and corporate strategy are delivered on a cloud-based Learning Management System (“LMS”) platform that hosts over 20,000 content assets (videos, digital learning modules, written files, etc.) in 17 languages. Its Mohive offering also provides a collaborative e-learning publishing and program creation system. Revenue growth is derived from legacy markets, such as France, England, and other European markets, and newer markets, such as the U.S. and Brazil. In addition, content and LMS offerings are continuously refreshed and expanded to serve a wider variety of customer needs. The transaction price consists of fixed consideration that is determined at the beginning of each year and received at the same time. Within Corporate Learning there are multiple performance obligations which includes the licenses to learning content and the learning application. Revenue is recognized over time as we have a continuous obligation to provide the right of access to the intellectual property which includes the licenses and learning applications. Accounts Receivable, net and Contract Liability (Deferred Revenue) Balances When consideration is received, or such consideration is unconditionally due, from a customer prior to transferring goods or services to the customer under the terms of a contract, a contract liability is recorded. Contract liabilities are recognized as revenue when, or as, control of the products or services are transferred to the customer and all revenue recognition criteria have been met. The following table provides information about receivables and contract liabilities from contracts with customers. January 31, 2019 April 30, 2018 (1) Increase/ (Decrease) Balances from contracts with customers: Accounts receivable, net (2) $ 194,764 $ 212,377 $ (17,613 ) Contract liability (Deferred revenue) (2) 271,541 486,353 (214,812 ) Contract liability (Deferred revenue) (included in Other Long-Term Liabilities) $ 14,722 $ — $ 14,722 (1) (2) Revenue recognized for the three and nine months ended January 31, 2019 relating to the contract liability at April 30, 2018 after the adjustments for the adoption of the new revenue standard on May 1, 2018 was $131.4 million and $518.2 million, respectively. Remaining Performance Obligations included in Contract Liability (Deferred Revenue) As of January 31, 2019, the aggregate amount of the transaction price allocated to the remaining performance obligations is approximately $286.3 million, which included the sales return reserve of $36.7 million. Excluding the sales return reserve, we expect that approximately $234.9 million will be recognized in the next twelve months with the remaining $14.7 million to be recognized thereafter. Assets Recognized for the Costs to Fulfill a Contract Costs to fulfill a contract are directly related to a contract that will be used to satisfy a performance obligation in the future and are expected to be recovered. These types of costs are incurred in the following revenue streams, (1) Publishing Technology Services (Atypon) and (2) Education Services. Our assets associated with incremental costs to fulfill a contract were $7.6 million at January 31, 2019 and are included within Other Non-Current Assets on our Unaudited Condensed Consolidated Balance Sheet. We recorded amortization expense of $0.7 million and $1.9 million during the three and nine months ended January 31, 2019 related to these assets within Cost of Sales on the Unaudited Condensed Consolidated Statements of Income, respectively. The costs related to Education Services were previously included in Product Development Assets on our Unaudited Condensed Consolidated Statement of Financial Position. Certain costs related to Publishing Technology Services (Atypon) were previously included in Sales and value-added taxes are excluded from revenues. Shipping and handling costs, which are primarily incurred within the Publishing segment, occur before the transfer of control of the related goods. Therefore, in accordance with the new revenue standard, it is not considered a promised service to the customer and would be considered a cost to fulfill our promise to transfer the goods. Costs incurred for third party shipping and handling are reflected in Operating and Administrative Expenses on the Unaudited Condensed Consolidated Statements of Income. We incurred $7.9 million and $24.4 million in shipping and handling costs in the three and nine months ended January 31, 2019, respectively. We incurred $8.7 million and $25.3 million in shipping and handling costs in the three and nine months ended January 31, 2018, respectively.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Jan. 31, 2019
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 5 Stock-Based Compensation We have stock-based compensation plans under which employees may be granted performance-based stock awards and other restricted stock awards. Prior to fiscal year 2017, we also granted options to purchase shares of our common stock at the fair market value at the time of grant. We recognize the grant date fair value of stock-based compensation in net income on a straight-line basis, net of estimated forfeitures over the requisite service period. The measurement of performance for performance-based stock awards is based on actual financial results for targets established three years in advance. For the three months ended January 31, 2019 and 2018, we recognized stock-based compensation expense, on a pre-tax basis, of $6.1 million and $4.0 million, respectively. For the nine months ended January 31, 2019 and 2018, we recognized stock-based compensation expense, on a pre-tax basis, of $15.0 million and $6.5 million, respectively. The following table summarizes restricted stock awards we granted: Nine Months Ended January 31, 2019 2018 Restricted Stock: Awards granted 406 528 Weighted average fair value of grant $ 63.09 $ 53.27

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Jan. 31, 2019
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	Note 6 Accumulated Other Comprehensive Loss Changes in Accumulated Other Comprehensive Loss by component, net of tax, for the three and nine months ended January 31, 2019 and 2018 were as follows: Foreign Currency Translation Unamortized Retirement Costs Interest Rate Swaps Total Balance at October 31, 2018 $ (312,322 ) $ (177,828 ) $ 1,586 $ (488,564 ) Other comprehensive (loss) income before reclassifications 17,515 (3,141 ) 176 14,550 Amounts reclassified from accumulated other comprehensive loss — 1,060 (1,312 ) (252 ) Total other comprehensive (loss) income 17,515 (2,081 ) (1,136 ) 14,298 Balance at January 31, 2019 $ (294,807 ) $ (179,909 ) $ 450 $ (474,266 ) Balance at April 30, 2018 $ (251,573 ) $ (191,026 ) $ 3,019 $ (439,580 ) Other comprehensive income (loss) before reclassifications (43,234 ) 7,852 789 (34,593 ) Amounts reclassified from accumulated other comprehensive loss — 3,265 (3,358 ) (93 ) Total other comprehensive income (loss) (43,234 ) 11,117 (2,569 ) (34,686 ) Balance at January 31, 2019 $ (294,807 ) $ (179,909 ) $ 450 $ (474,266 ) Foreign Currency Translation Unamortized Retirement Costs Interest Rate Swaps Total Balance at October 31, 2017 $ (286,171 ) $ (193,028 ) $ 2,473 $ (476,726 ) Other comprehensive income (loss) before reclassifications 51,401 (9,686 ) 509 42,224 Amounts reclassified from accumulated other comprehensive loss — 1,099 225 1,324 Total other comprehensive income (loss) 51,401 (8,587 ) 734 43,548 Balance at January 31, 2018 $ (234,770 ) $ (201,615 ) $ 3,207 $ (433,178 ) Balance at April 30, 2017 $ (319,212 ) $ (190,502 ) $ 2,427 $ (507,287 ) Other comprehensive income (loss) before reclassifications 84,442 (14,376 ) 315 70,381 Amounts reclassified from accumulated other comprehensive loss — 3,263 465 3,728 Total other comprehensive income (loss) 84,442 (11,113 ) 780 74,109 Balance at January 31, 2018 $ (234,770 ) $ (201,615 ) $ 3,207 $ (433,178 ) During the three months ended January 31, 2019 and 2018, pre-tax actuarial losses included in Unamortized Retirement Costs of approximately $1.4 million and $1.5 million, respectively, in each period were amortized from Accumulated Other Comprehensive Loss and recognized as pension expense in Operating and Administrative Expenses and Interest and Other Income in the Unaudited Condensed Consolidated Statements of Income. During the nine months ended , pre-tax actuarial losses of approximately $4.1 million and $4.4 million, respectively, were amortized.

Reconciliation of Weighted Aver

Reconciliation of Weighted Average Shares Outstanding and Share Repurchases	9 Months Ended
	Jan. 31, 2019
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases	Note 7 Reconciliation of Weighted Average Shares Outstanding and Share Repurchases A reconciliation of the shares used in the computation of earnings per share follows: Three Months Ended January 31, Nine Months Ended January 31, 2019 2018 2019 2018 Weighted average shares outstanding 57,200 57,170 57,383 57,123 Less: Unvested restricted shares (42) (135) (53) (144) Shares used for basic earnings per share 57,158 57,035 57,330 56,979 Dilutive effect of stock options and other stock awards 468 836 552 757 Shares used for diluted earnings per share 57,626 57,871 57,882 57,736 Since their inclusion in the calculation of diluted earnings per share would have been anti-dilutive, options to purchase 154,385 shares of Class A Common Stock have been excluded for the three and nine months ended January 31, 2019, respectively and 255,187 shares of Class A Common Stock have been excluded for the nine months ended January 31, 2018. There were no options excluded for the three months ended January 31, 2018. Warrants to purchase 470,000 and 158,148 shares of Class A Common Stock have not been included for the three and nine months ended January 31, 2019, respectively. There were no warrants issued during the three and nine months ended January 31, 2018. There were no restricted shares excluded for the three and nine months ended January 31, 2019. There were no restricted shares excluded for the three months ended January 31, 2018 and there were 26,740 restricted shares excluded for the nine months ended January 31, 2018, respectively. Share Repurchases and Dividends During the three months ended January 31, 2019, we repurchased 208,711 shares of Class A Common stock at an average price of $47.91. During the three months ended January 31, 2018, we did not repurchase any shares of common stock. During the nine months ended January 31, 2019 and 2018 repurchased 633,831 and 550,757 shares of Class A Common stock, respectively, at an average price of $55.21 and $53.12, respectively. The following table summarizes the cash dividends paid during the nine months ended January 31, 2019: Date of Declaration by Board of Directors Quarterly Cash Dividend Total Dividend Class of Common Stock Dividend Paid Date Shareholders of Record as of Date June 21, 2018 $0.33 per common share $19.0 million Class A and Class B July 18, 2018 July 3, 2018 September 26, 2018 $0.33 per common share $18.9 million Class A and Class B October 24, 2018 October 9, 2018 December 19, 2018 $0.33 per common share $18.9 million Class A and Class B January 16, 2019 January 2, 2019

Restructuring and Related Charg

Restructuring and Related Charges	9 Months Ended
	Jan. 31, 2019
Restructuring and Related Charges [Abstract]
Restructuring and Related Charges	Note 8 Restructuring and Related Charges Beginning in fiscal year 2013, we initiated a program (the “Restructuring and Reinvestment Program”) to restructure and realign our cost base with current and anticipated future market conditions. We are targeting most of the cost savings achieved to improve margins and earnings, with the remainder reinvested in growth opportunities. The following tables summarize the pre-tax restructuring (credits) charges related to this program: Three Months Ended January 31, Nine Months Ended January 31, Total Charges 2019 2018 2019 2018 Incurred to Date (Credits) Charges by Segment: Research $ (51 ) $ 690 $ 1,251 $ 5,138 $ 26,664 Publishing (4 ) (392 ) 735 6,933 39,666 Solutions 74 1,277 914 3,447 7,161 Corporate Expenses (367 ) 633 662 11,013 96,581 Total Restructuring and Related (Credits) Charges $ (348 ) $ 2,208 $ 3,562 $ 26,531 $ 170,072 (Credits) Charges by Activity: Severance $ (911 ) $ 1,781 $ 1,983 $ 25,047 $ 116,786 Consulting and Contract Termination Costs 301 427 526 1,948 21,155 Other Activities 262 — 1,053 (464 ) 32,131 Total Restructuring and Related (Credits) Charges $ (348 ) $ 2,208 $ 3,562 $ 26,531 $ 170,072 Other Activities for the three and nine months ended January 31, 2019 and 2018 include lease impairment related costs. The credits in Other Activities for the nine months ended January 31, 2018 mainly reflect changes in estimates for previously accrued restructuring charges related to facility lease reserves. The following table summarizes the activity for the Restructuring and Reinvestment Program liability for the nine months ended January 31, 2019: April 30, 2018 Charges Payments Foreign Translation & Other Adjustments January 31, 2019 Severance $ 17,279 $ 1,983 $ (11,108 ) $ (229 ) $ 7,925 Consulting and Contract Termination Costs — 526 (223 ) — 303 Other Activities 2,772 1,053 (1,250 ) 261 2,836 Total $ 20,051 $ 3,562 $ (12,581 ) $ 32 $ 11,064 The restructuring liability as of January 31, 2019 for accrued Severance costs is reflected in Accrued Employment Costs in the Unaudited Condensed Consolidated Statement of Financial Position. The liability as of January 31, 2019, for Consulting and Contract Termination Costs is reflected in Other Accrued Liabilities. As of January 31, 2019, approximately $1.2 million and $1.6 million of the Other Activities are reflected in Other Accrued Liabilities and Other Long-Term Liabilities, respectively, and mainly relate to facility relocation and lease impairment related costs. We currently do not anticipate any further material charges related to the Restructuring and Reinvestment Program. The amount included in Other Long-Term Liabilities that relates to Other Activities is expected to be paid starting in 2020 until 2022.

Segment Information

Segment Information	9 Months Ended
	Jan. 31, 2019
Segment Information [Abstract]
Segment Information	Note 9 Segment Information We report our segment information in accordance with the provisions of FASB ASC Topic 280. Segment information is as follows: Three Months Ended January 31, Nine Months Ended January 31, 2019 2018 (1) 2019 2018 (1) Revenue: Research $ 226,353 $ 223,489 $ 679,990 $ 675,986 Publishing 145,635 170,244 428,055 466,507 Solutions 77,379 61,942 200,845 176,357 Total Revenue $ 449,367 $ 455,675 $ 1,308,890 $ 1,318,850 Contribution to Profit: Research $ 60,532 $ 58,253 $ 176,565 $ 188,861 Publishing 33,706 47,895 86,881 94,278 Solutions (3,427 ) 6,403 6,846 11,744 Total Contribution to Profit (1) $ 90,811 $ 112,551 $ 270,292 $ 294,883 Corporate Expenses (40,465 ) (47,157 ) (126,331 ) (136,131 ) Operating Income (1) $ 50,346 $ 65,394 $ 143,961 $ 158,752 (1) Due to the retrospective adoption of ASU 2017-07, total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest Income and Other for the three and nine months ended January 31, 2018, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information. The impact of the reclassification on Contribution to Profit by segment for the three months ended January 31, 2018 was $1.0 million in Research, $0.6 million in Publishing, and $0.4 million in Corporate expenses. The impact of the reclassification on Contribution to Profit by segment for the nine months ended January 31, 2018 was $3.1 million in Research, $1.7 million in Publishing, and $1.2 million in Corporate expenses.

Inventories

Inventories	9 Months Ended
	Jan. 31, 2019
Inventories [Abstract]
Inventories	Note 10 Inventories Inventories were as follows: January 31, 2019 April 30, 2018 Finished goods $ 31,777 $ 36,503 Work-in-process 2,384 2,139 Paper and other materials 611 550 $ 34,772 $ 39,192 Inventory value of estimated sales returns 5,046 4,626 LIFO reserve (4,554 ) (4,329 ) Total inventories $ 35,264 $ 39,489

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Jan. 31, 2019
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	Note 11 Goodwill and Intangible Assets Goodwill The following table summarizes the activity in goodwill by segment as of January 31, 2019: April 30, 2018 Acquisition (1) Foreign Translation Adjustment January 31, 2019 Research $ 463,419 $ — $ (18,338 ) $ 445,081 Publishing 283,851 — (518 ) 283,333 Solutions 272,531 109,139 (6,862 ) 374,808 Total $ 1,019,801 $ 109,139 $ (25,718 ) $ 1,103,222 (1) The April 30, 2018 goodwill balances for Publishing and Solutions have been revised to reflect foreign translation adjustments of $11.6 million. Intangible Assets Identifiable intangible assets, net consisted of the following: January 31, 2019 April 30, 2018 Intangible Assets with Determinable Lives, net: Content and Publishing Rights (1) $ 405,426 $ 436,760 Customer Relationships (1) 251,855 161,729 Brands and Trademarks 13,663 16,100 Covenants not to Compete 497 655 Total 671,441 615,244 Intangible Assets with Indefinite Lives: Brands and Trademarks 132,912 138,589 Content and Publishing Rights 88,250 94,238 Total 221,162 232,827 Total Intangible Assets, Net $ 892,603 $ 848,071 (1) In conjunction with a business review performed in the Publishing segment associated with the restructuring activities disclosed in Note 8, “Restructuring and Related Charges”, in the three months ended July 31, 2017, we identified an indefinite lived brand with forecasted cash flows that did not support its carrying value. As a result, an impairment charge of $3.6 million was recorded in the three months ended July 31, 2017 to reduce the carrying value of the brand to its fair value of $1.2 million, which is being amortized over its estimated remaining useful life. This impairment charge was included in Operating and Administrative Expenses in the Unaudited Condensed Consolidated Statements of Income for fiscal year 2018.

Income Taxes

Income Taxes	9 Months Ended
	Jan. 31, 2019
Income Taxes [Abstract]
Income Taxes	Note 12 Income Taxes The effective tax rate for the three months ended January 31, 2019 was 22.7%, compared to a tax benefit of 18.1% for the three months ended January 31, 2018. The effective tax rate for the nine months ended January 31, 2019 was 22.6% compared to 4.0% in the corresponding prior year period. The rates for the three months and nine months ended January 31, 2019 were higher than the rates for the corresponding prior periods due to the impact of U.S. tax legislation originally known as the Tax Cuts and Jobs Act of 2017 (the “Tax Act”) enacted on December 22, 2017. During the three months and nine months ended January 31, 2018, we recorded a provisional estimated net tax benefit of $25 million. Excluding the effects of this non-recurring item, the rates would have been 24.8% and 21.4% for the three months and nine months ended January 31, 2018, respectively. The 22.7% rate for the three months ended January 31, 2019 is lower than 24.8% primarily due to the decrease in U.S. statutory tax rate. The 22.6% rate for the nine months ended January 31, 2019 is higher than 21.4%, primarily due to large equity compensation deductions from significant vesting of restricted stock and other one-time adjustments as well as the impact of a relatively high tax benefit on restructuring costs incurred during the nine months ended January 31, 2018, partially offset by the lower U.S. statutory tax rate. The Tax Act On December 22, 2017, the U.S. enacted the Tax Act which significantly changed U.S tax law by, among other changes, the following: · lowered the U.S. federal corporate income tax rate from 35% to 21% with a potentially lower rate for certain foreign derived income, while imposing a deemed repatriation tax on previously deferred foreign income. · created new additional taxes on certain foreign earnings. We completed our accounting for the income tax effects of the Tax Act during our third quarter of 2019, in accordance with the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 118 (SAB 118) measurement period. As mentioned above, the newly created taxes of the Tax Act, effective for us on May 1, 2018, include a provision designed to tax certain global income ("GILTI"), and a base erosion anti-abuse tax ("BEAT") as well as a new deduction for certain foreign derived intangible income (“FDII”). We recorded a minor benefit during the nine months ended January 31, 2019 and we may adjust this amount in connection with our year-end results and as additional guidance is provided.

Retirement Plans

Retirement Plans	9 Months Ended
	Jan. 31, 2019
Retirement Plans [Abstract]
Retirement Plans	Note 13 Retirement Plans The components of net pension expense (income) for our global defined benefit plans were as follows: Three Months Ended January 31, Nine Months Ended January 31, 2019 2018 2019 2018 Service cost $ 226 $ 243 $ 688 $ 715 Interest cost 6,103 6,407 18,484 19,005 Expected return on plan assets (9,638 ) (9,924 ) (29,260 ) (29,363 ) Net amortization of prior service cost (24 ) (24 ) (72 ) (72 ) Unrecognized net actuarial loss 1,429 1,536 4,337 4,550 Pension plan actuarial loss $ — $ — $ — $ 21 Net pension income (1,904 ) (1,762 ) (5,823 ) (5,144 ) We adopted ASU 2017-07, “Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” on May 1, 2018. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information. The guidance requires that the service cost component of net pension and postretirement benefit costs be reported in the same line item as other compensation costs arising from services rendered by the pertinent employees during the period. Such amounts are reflected in Operating and Administrative Expenses on our Unaudited Condensed Consolidated Statement of Operations. The guidance requires that the other components of net benefit costs be reported separately from the service cost component and below operating income. Such amounts are reflected in Interest Income and Other on our Unaudited Condensed Consolidated Statement of Operations. We were required to retrospectively adopt this guidance. Employer defined benefit pension plan contributions were $15.8 million and $2.8 million for the three months ended January 31, 2019 and 2018, respectively, and $22.9 million and $8.4 million for the nine months ended , respectively. Included in our defined benefit pension contributions for the three and nine months ended January 31, 2019 was a discretionary contribution of $10.0 million to the The expense for employer defined contribution plans were approximately $2.6 million and $3.4 million for the three months ended January 31, 2019 and 2018, respectively , and $9.9 million and $11.3 million for the nine months ended , respectively

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Jan. 31, 2019
Derivative Instruments and Hedging Activities [Abstract]
Derivative Instruments and Hedging Activities	Note 14 Derivative Instruments and Hedging Activities From time-to-time, we enter into forward exchange and interest rate swap contracts as a hedge against foreign currency asset and liability commitments, changes in interest rates and anticipated transaction exposures, including intercompany purchases. All derivatives are recognized as assets or liabilities and measured at fair value on our Unaudited Condensed Consolidated Balance Sheets. Derivatives that are not determined to be effective hedges are adjusted to fair value with a corresponding adjustment to earnings. We do not use financial instruments for trading or speculative purposes. Interest Rate Contracts We had $633.5 million of variable rate loans outstanding at January 31, 2019, which approximated fair value. As of January 31, 2019 and 2018 the interest rate swap agreements maintained by us were designated as cash flow hedges as defined under ASC 815 “Derivatives and Hedging.” As a result, there was no impact on our Unaudited Condensed Consolidated Statements of Income for changes in the fair value of the interest rate swaps as they were fully offset by changes in the interest expense on the underlying variable rate debt instruments. On April 4, 2016, we entered into a forward starting interest rate swap agreement which fixed a portion of the variable interest due on a variable rate debt renewal on May 16, 2016. Under the terms of the agreement, we pay a fixed rate of 0.92% and receive a variable rate of interest based on one-month LIBOR from the counterparty which is reset every month for a three-year period ending May 15, 2019. As of January 31, 2019 and April 30, 2018, the notional amount of the interest rate swap was $350.0 million. It is management’s intention that the notional amount of interest rate swaps be less than the variable rate loans outstanding during the life of the derivatives. We record the fair value of our interest rate swaps on a recurring basis using Level 2 inputs of quoted prices for similar assets or liabilities in active markets. The fair value of the interest rate swaps as of January 31, 2019 and April 30, 2018 was a deferred gain of $1.8 million and $5.1 million, respectively. Based on the maturity dates of the contracts, the entire deferred gain as of January 31, 2019 was recorded within Prepaid Expenses and Other Current Assets and as of April 30, 2018 was recorded within Other Non-Current Assets. The pre-tax gains that were reclassified from Accumulated Other Comprehensive Loss into Interest Expense for the three months ended January 31, 2019 and 2018 were $1.3 million and $0.4 million, respectively. The pre-tax gains that were reclassified from Accumulated Other Compensation Loss into Interest Expense for the nine months ended were $3.4 million and $0.8 million, respectively. Foreign Currency Contracts We may enter into forward exchange contracts to manage our exposure on certain foreign currency denominated assets and liabilities. The forward exchange contracts are marked to market through Foreign Exchange Transaction (Losses) Gains in the Unaudited Condensed Consolidated Statements of Income and carried at their fair value in the Unaudited Condensed Consolidated Statements of Financial Position. Foreign currency denominated assets and liabilities are remeasured at spot rates in effect on the balance sheet date, with the effects of changes in spot rates reported in Foreign Exchange Transaction (Losses) Gains in the Unaudited Condensed Consolidated Statements of Income. As of January 31, 2019, and April 30, 2018, we did not maintain any open forward exchange contracts. In addition, we did not maintain any open forward contracts during the nine months ended January 31, 2019 and 2018.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Jan. 31, 2019
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 15 Commitments and Contingencies We are involved in routine litigation in the ordinary course of our business. A provision for litigation is accrued when information available to us indicates that it is probable a liability has been incurred and the amount of loss can be reasonably estimated. Significant judgment may be required to determine both the probability and estimates of loss. When the amount of the loss can only be estimated within a range, the most likely outcome within that range is accrued. If no amount within the range is a better estimate than any other amount, the minimum amount within the range is accrued. When uncertainties exist related to the probable outcome of litigation and/or the amount or range of loss, we do not record a liability, but disclose facts related to the nature of the contingency and possible losses if management considers the information to be material. Reserves for legal defense costs are recognized when incurred. The accruals for loss contingencies and legal costs are reviewed regularly and may be adjusted to reflect updated information on the status of litigation and advice of legal counsel. In the opinion of management, the ultimate resolution of all pending litigation as of January 31, 2019, will not have a material effect upon our Unaudited Condensed Consolidated Financial Condition or Results of Operations.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Jan. 31, 2019
Basis of Presentation [Abstract]
Basis of Presentation	Throughout this report, when we refer to “Wiley,” the “Company,” “we,” “our,” or “us,” we are referring to John Wiley & Sons, Inc. and all our subsidiaries, except where the context indicates otherwise. Our unaudited Condensed Consolidated Financial Statements include all the accounts of the Company and our subsidiaries. We have eliminated all significant intercompany transactions and balances in consolidation. In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements contain all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the Condensed Consolidated Financial Condition, Results of Operations, Comprehensive Income and Cash Flows for the periods presented. Operating results for the interim period are not necessarily indicative of the results expected for the full year. All amounts are in thousands, except per share amounts, and approximate due to rounding. These financial statements should be read in conjunction with the most recent audited consolidated financial statements included in our Form 10-K for the fiscal year ended April 30, 2018 as filed with the SEC on June 29, 2018 (“2018 Form 10-K”). Our Condensed Consolidated Financial Statements were prepared in accordance with the interim reporting requirements of the SEC. As permitted under those rules, annual footnotes or other financial information that are normally required by U.S. GAAP have been condensed or omitted. The preparation of our Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Certain prior year amounts have been reclassified to conform to the current year’s presentation. Change in Accounting Policy In connection with the acquisition of Learning House (See Note 3, “Acquisition”), we changed our accounting policy for certain advertising and marketing costs incurred by our Education Services business to fulfill performance obligations from contracts with educational institutions. Under the new accounting policy, these costs are included in Cost of Sales whereas they were previously included in Operating and Administrative Expenses on the Unaudited Condensed Consolidated Statements of Income. Including these expenses in Cost of Sales will better align these costs with the related revenue and conform with the presentation of such costs for Learning House. This change in accounting policy was applied retrospectively. The Unaudited Condensed Consolidated Statements of Income for the three and nine months ended January 31, 2018 have been reclassified to reflect this change in accounting policy. The impact of this reclassification was an increase to Cost of Sales and a corresponding decrease to Operating and Administrative Expenses of $11.2 million and $34.7 million for the three and nine months ended January 31, 2018, respectively. This reclassification had no impact on Revenue, net, Operating Income, Net Income, or Earnings per Share on the Unaudited Condensed Consolidated Statements of Income.

Recent Accounting Standards (Po

Recent Accounting Standards (Policies)	9 Months Ended
	Jan. 31, 2019
Recent Accounting Standards [Abstract]
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards Stock Compensation – Scope of Modification Accounting In May 2017, the Financial Accounting Standards Board (“FASB”) issued ASU 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting,” which clarifies when changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. Under the new guidance, modification accounting is only required if the fair value, vesting conditions or classification (equity or liability) of the new award are different from the original award immediately before the original award is modified. We adopted ASU 2017-09 on May 1, 2018 and there was no impact to our condensed consolidated financial statements. The new guidance must be applied prospectively to awards modified on or after the adoption date. The future impact of ASU 2017-09 will be dependent on the nature of future stock award modifications. Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost In March 2017, the FASB issued ASU 2017-07, “Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” The guidance requires that the service cost component of net pension and postretirement benefit costs be reported in the same line item as other compensation costs arising from services rendered by the pertinent employees during the period, while the other components of net benefit costs must be reported separately from the service cost component and below operating income. The guidance also allows only the service cost component to be eligible for capitalization when applicable. We adopted ASU 2017-07 on May 1, 2018. The new guidance must be applied retrospectively for the presentation of net benefit costs in the income statement and prospectively for the capitalization of the service cost component of net benefit costs. The effect of retrospectively adopting this guidance resulted in a reclassification of net benefits of $2.0 million and $6.0 million from Operating and Administrative Expenses to Interest and Other Income on the Unaudited Condensed Consolidated Statement of Operations for the three and nine months ended January 31, 2018, respectively. The amount included in Interest and Other Income on the Unaudited Condensed Consolidated Statement of Operations for the three and nine months ended January 31, 2019 was a net benefit of $2.1 million and $6.6 million, respectively. We do not capitalize any service costs. Business Combinations: Clarifying the Definition of a Business In January 2017, the FASB issued ASU 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business”, which clarifies the definition of a business in order to allow for the evaluation of whether transactions should be accounted for as acquisitions or disposals of assets or business. We adopted ASU 2017-01 on May 1, 2018. The future impact of ASU 2017-01 will be dependent upon the nature of future acquisitions or dispositions made by us. Statement of Cash Flows: Restricted Cash In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash.” ASU 2016-18 requires that entities include restricted cash and restricted cash equivalents with cash and cash equivalents in the beginning-of-period and end-of-period total amounts shown on the Statement of Cash Flows. We adopted ASU 2016-18 on May 1, 2018. Retrospective transition method is to be applied to each period presented. As a result of this retrospective adoption, the reclassification of restricted cash into a change in total cash resulted in a reduction in Cash Used in Operating Activities of $0.5 million for the nine months ended January 31, 2018. Income taxes: Intra-Entity Transfers of Assets Other than Inventory In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other than Inventory”, which simplifies the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Current U.S. GAAP prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. The new guidance states that an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Consequently, the amendments in this Standard eliminate the exception for an intra-entity transfer of an asset other than inventory. We adopted ASU 2016-16 on May 1, 2018. The adoption of ASU 2016-16 did not have a material impact to our condensed consolidated financial statements. Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments,” which provides clarification on classifying a variety of activities within the Statement of Cash Flows. We adopted ASU 2016-15 on May 1, 2018. The adoption of ASU 2016-15 did not have a material impact to our condensed consolidated statements of cash flows. Financial Instruments: Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, the FASB issued ASU 2016-01, “Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” Subsequently, the FASB issued ASU 2018-03, “Technical Corrections and Improvements to Financial Instruments-Overall.” ASU 2016-01 requires equity investments except those under the equity method of accounting to be measured at fair value with the changes in fair value recognized in net income. The amendment simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. In addition, it also requires enhanced disclosures about investments. We adopted ASU 2016-01 on May 1, 2018. The adoption of ASU 2016- 01 did not have a material impact to our condensed consolidated financial statements. Revenue from Contracts with Customers In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers," (Topic 606) which superseded most existing revenue recognition guidance. We adopted ASU 2014-09 on May 1, 2018. The standard allows for either "full retrospective" adoption, meaning the standard is applied to all periods presented, or "modified retrospective" adoption, meaning the standard is applied only to the most current period presented in the financial statements. Subsequently, the FASB issued ASU 2016-08, "Revenue from Contracts with Customers (Topic 606) – Principal versus Agent Considerations", ASU 2016-10, "Revenue from Contracts with Customers (Topic 606) – Identifying Performance Obligations and Licensing", ASU 2016-12, "Revenue from Contracts with Customers (Topic 606) – Narrow Scope Improvements and Practical Expedients", and ASU 2016-20, "Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers," which provide clarification and additional guidance related to ASU 2014-09. We also adopted ASU 2016-08, ASU 2016-10, ASU 2016-12, and ASU 2016-20 with ASU 2014-09 (collectively, the “new revenue standard”) on May 1, 2018. We utilized a comprehensive approach to assess the impact of the new revenue standard on our contract portfolio by reviewing our current accounting policies and practices to identify differences that would result from applying the new revenue standard to our revenue contracts. Additionally, we reviewed customer agreements representative of our business models and assessed whether changes in revenue recognition were appropriate under the new revenue standard. We adopted the new revenue standard as of May 1, 2018, using the modified retrospective method. The adoption of the new revenue standard did not have a material impact to our consolidated revenues, financial position, or results of operations. Upon adoption, we recorded an immaterial net increase to opening retained earnings resulting from the change in timing of when certain components of our revenue are recognized as required under the new revenue standard as compared to historical policies. Such changes include: (i) perpetual licenses granted in connection with other deliverables; revenue that was previously recognized over the life of the associated subscription for future content is now recognized at a point in time, which is when access to content is initially granted, (ii) customers’ unexercised rights; revenue which was previously recognized at the end of a pre-determined period for situations where we have received a nonrefundable payment for a customer to receive a good or service and the customer has not exercised such right is now recognized as revenue in proportion to the pattern of rights exercised by the customer, (iii) recognition of estimated revenue from royalty agreements in the period of usage, and (iv) recognition of revenue for certain arrangements with minimum guarantees on a time-based (straight-line) basis due to a stand-ready obligation to provide additional rights to content. The adoption of the new revenue standard resulted in the discontinuance of the historical practice of presenting accounts receivable and deferred revenue balances on a net basis for some of our subscription licensing agreements where we have invoiced a customer in advance of the related revenue being recognized and payment has not yet been received. As of April 30, 2018, the amounts that were previously netted down from accounts receivable and deferred revenue were $59.5 million. The current policy for our subscription licensing agreements is to record accounts receivable when performance occurs and recognize contract liabilities once the invoice is due, or cash payment is received from the customer. In addition, the adoption of the new revenue standard resulted in the reclassification of the sales return reserve provision to Contract Liability (Deferred Revenue) from Accounts Receivable, Net on the Unaudited Condensed Consolidated Statement of Financial Position. As of April 30, 2018, the amount was $28.3 million. The impact of the adoption of the new revenue standard on the Unaudited Condensed Consolidated Statements of Income was $0.4 million and $11.1 million in revenue, net, for the three months and nine months ended January 31, 2019, respectively, and was a credit of $(0.7) million in cost of sales for the three months ended January 31, 2019 and expense of $1.7 million for the nine months ended January 31, 2019. The impact to the Unaudited Condensed Consolidated Statement of Financial Position was not material by line item, except for the reclassification of the sales return reserve provision to contract liability from accounts receivable, net. The sales return reserve provision amount that is included in Contract Liability (Deferred Revenue) on the Unaudited Condensed Consolidated Statement of Financial Position as of January 31, 2019 was $36.7 million.
Recently Issued Accounting Standards	Recently Issued Accounting Standards Intangibles-Goodwill and Other-Internal-Use Software: Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract In August 2018, the FASB issued ASU 2018-15, “Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.” ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The standard is effective for us on May 1, 2020, and interim periods within that fiscal year, with early adoption permitted. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Changes to the Disclosure Requirements for Defined Benefit Plans In August 2018, the FASB issued ASU 2018-14, “Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans.” ASU 2018-14 removes certain disclosures that are not considered cost beneficial, clarifies certain required disclosures and added additional disclosures. The standard is effective for us on May 1, 2021, with early adoption permitted. The amendments in ASU 2018-14 would need to be applied on a retrospective basis. We are currently assessing the impact the new guidance will have on our disclosures. Changes to the Disclosure Requirements for Fair Value Measurement In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement.” ASU 2018-13 removes certain disclosures, modifies certain disclosures and added additional disclosures. The standard is effective for us on May 1, 2020, with early adoption permitted. Certain disclosures in ASU 2018-13 would need to be applied on a retrospective basis and others on a prospective basis. We are currently assessing the impact the new guidance will have on our disclosures. Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In February 2018, the FASB issued ASU 2018-02 “Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income,” which allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act. The standard is effective for us on May 1, 2019, and interim periods within that fiscal year, with early adoption permitted. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Targeted Improvements to Accounting for Hedging Activities In August 2017, the FASB issued ASU 2017-12, “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities,” to simplify and improve the application and financial reporting of hedge accounting. Subsequently, in November 2018, the FASB issued ASU 2018-1 6, “Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes”. ASU 2017-12 Simplifying the Test for Goodwill Impairment In January 2017, the FASB issued ASU 2017-04, “Intangibles–Goodwill and Other (Topic 350): “Simplifying the Test for Goodwill Impairment”, which simplifies the measurement of a potential goodwill impairment charge by eliminating the requirement to calculate an implied fair value of the goodwill based on the fair value of a reporting unit’s other assets and liabilities. The new guidance eliminates the implied fair value method and instead measures a potential impairment charge based on the excess of a reporting unit’s carrying value compared to its fair value. The impairment charge cannot exceed the total amount of goodwill allocated to that reporting unit. The standard is effective for us on May 1, 2020, with early adoption permitted. Based on our most recent annual goodwill impairment test completed in fiscal year 2018, we expect no initial impact on adoption. Measurement of Credit Losses on Financial Instruments In June 2016, the FASB issued ASU 2016-13, “Financial Instruments—Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments.” Subsequently, in November 2018, the FASB issued ASU 2018-19, “Codification Improvements to Topic 326, Financial Instruments-Credit Losses”. ASU 2016-13 requires entities to measure all expected credit losses for most financial assets held at the reporting date based on an expected loss model which includes historical experience, current conditions, and reasonable and supportable forecasts. Entities will now use forward-looking information to better form their credit loss estimates. ASU 2016-13 also requires enhanced disclosures to help financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an entity’s portfolio. ASU 2016-13 and ASU 2018-19 are effective for us on May 1, 2020, including interim periods within those fiscal periods, with early adoption permitted. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Leases In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)”. Subsequently, the FASB issued in March 2019, ASU 2019-01, “Leases (Topic 842): Codification Improvements”, in December 2018 ASU 2018-20, “Leases (Topic 842): Narrow Scope Improvements for Lessors”, The new standard provides a number of optional practical expedients in transition. We expect to elect the practical expedients to forgo a reassessment of (1) whether any expired or existing contracts are or contain leases, (2) the lease classification for any expired or existing leases, and (3) initial direct costs. We do not expect to elect the practical expedient allowing the use-of-hindsight which would require us to reassess the lease term of our leases based on all facts and circumstances through the effective date. In addition, we do not expect to elect the practical expedient pertaining to land easements. In addition, the new standard provides as a practical expedient, certain policy elections for ongoing lease accounting to (i) not separate nonlease components from the associated lease component if certain conditions are met, and (ii) not recognize ROU assets and lease liabilities for leases that qualify as short-term. If the short-term recognition exemption is elected, we will not recognize ROU assets or lease liabilities for existing short-term leases in transition. We are currently assessing the impact these policy elections will have on our consolidated financial statements. The standard is effective for us on May 1, 2019, with early adoption permitted. A modified retrospective transition approach is required, applying the new standard to all leases existing at the date of initial application. A company may choose to use either (1) its effective date or (2) the beginning of the earliest comparative period presented in the financial statements as of its date of initial application. We will adopt the new standard on May 1, 2019 and expect to use the effective date as the date of initial application. Accordingly, previously reported financial information will not be updated, and the disclosures required under the new standard will not be provided for dates and periods before May 1, 2019. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Additionally, we are assessing the implementation of a lease accounting system for our leases, including the conversion of our existing lease data to a new system and implementing relevant internal controls and procedures.

Revenue Recognition, Contract_2

Revenue Recognition, Contracts with Customers (Policies)	9 Months Ended
	Jan. 31, 2019
Revenue Recognition, Contracts with Customers [Abstract]
Revenue from Contract with Customer	Description of Revenue Generating Activities We generate our revenues from sales from our three reportable segments. We report our segment information in accordance with the provisions of FASB ASC Topic 280, “Segment Reporting” (“FASB ASC Topic 280”). Our segment reporting structure consists of three reportable segments, which are listed below, and a Corporate category: ● Research, ● Publishing, and ● Solutions. Research Segment Included within the Research segment are the following revenue streams: ● Journal Subscriptions, ● Open Access, ● Licensing, Reprints, Backfiles and Other, and ● Publishing Technology Services (Atypon). Journal Subscriptions We publish approximately 1,700 academic research journals. We sell journal subscriptions directly through our sales representatives, indirectly through independent subscription agents, through promotional campaigns, and through memberships in professional societies for those journals that are sponsored by societies. Journal subscriptions are primarily licensed through contracts for digital content available online through Wiley Online Library. In March 2018, we migrated our Wiley Online Library platform to our Literatum platform, which we acquired as part of our purchase of Atypon Systems, Inc. ( Atypon ) in fiscal year 2017. Contracts are negotiated by us directly with customers or their subscription agents. Subscription periods typically cover calendar years. Print journals are generally mailed to subscribers directly from independent printers. We do not own or manage printing facilities. Subscription revenue is generally collected in advance. In a In journal subscriptions, multiple performance obligations exist, which include a stand-ready promise to provide access to new content for one year and a perpetual license for access to historical journal content. The transaction price consists of fixed consideration. We allocate revenue to the stand-ready promise to provide access to new content for one year based on its standalone selling price and the revenue for new content is recognized over time as we have a continuous stand-ready obligation to provide the right of access to additional intellectual property. The allocation of revenue to the perpetual licenses for access to historical journal content is done using the expected cost plus a margin approach as permitted by the new revenue standard. Revenue is recognized at the point in time when access to historical content is initially granted. Open Access Under the Author-Funded Access business model, accepted research articles are published subject to payment of Article Publication Charges (“APC”). All Author-Funded Access articles are immediately free to access online. Contributors of Author-Funded Access articles retain many rights and typically license their work under terms that permit re-use. Author-Funded Access offers authors choices in how to share and disseminate their work, and it serves the needs of researchers who may be required by their research funder to make articles freely accessible without embargo. APCs are typically paid by the individual author or by the author’s funder, and payments are often mediated by the author’s institution. We provide specific workflows and infrastructure to authors, funders and institutions to support the requirements of the Author-Funded Access model. Customers in open access are typically individual educational institutions or a consortium of universities. Under the Author-Funded Access model, we have a signed contract with the customer that contains enforceable rights. The Author-Funded Access model in a typical model includes an over-time single performance obligation that combines a promise to host the customer’s content on our open access platform, and a promise to provide a discount on APCs of eligible users (as defined in the contract) in exchange for an upfront payment. Enforceable right to payment occurs over time as we fulfill our obligation to provide a discount to eligible users, as defined, on future APCs. Therefore, the upfront payment is deferred and recognized over time. Licensing, Reprints, Backfiles and Other Licensing, Reprints, Backfiles, and Other includes advertising, backfile sales, the licensing of publishing rights, journal and article reprints, and individual article sales. A backfile license provides access to a historical collection of Wiley journals, generally for a one-time fee. Within Licensing, the revenue derived from these contracts is primarily comprised of advance payments, including minimum guarantees and sales- or usage-based royalty agreements. For our sales-or usage-based royalty agreements, we recognize revenue in the period of usage based on the amounts earned. We record revenue under these arrangements for the amounts due and not yet reported to us based on estimates of the sales or usage of these customers and pursuant to the terms of the contracts. We also have certain licenses whereby we receive a non-refundable minimum guarantee against a volume-based royalty throughout the term of the agreement. We recognize revenue for the minimum guarantee on a straight-line basis over the term of the agreement because of the stand-ready promise to provide updates during the subscription period. We recognize volume-based royalty income only when cumulative consideration exceeds the minimum guarantee. Reprints contracts generally contain a single performance obligation which is the delivery of printed articles. Revenue is recognized at the time of delivery of the printed articles. For Backfiles, the performance obligation is the granting of a functional intellectual property license. Revenue is recognized at the time the functional intellectual property license is granted. Other includes our Article Select offering, whereby we have a single performance obligation to our customers to give access to an article through the purchase of a token. The customer redeems the token for access to the article for a 24-hour period. The customer purchases the tokens with an upfront cash payment. Revenue is recognized when access to the article is provided. Publishing Technology Services (Atypon) Atypon is a publishing software and service provider that enables scholarly and professional societies and publishers to deliver, host, enhance, market, and manage their content on the web through the Literatum Publishing Segment Included within the Publishing segment are the following revenue streams: ● STM (Scientific, Technical and Medical) and Professional Publishing, ● Education Publishing, ● Course Workflow (WileyPLUS), ● Test Preparation and Certification, and ● Licensing, Distribution, Advertising and Other. STM (Scientific, Technical and Medical) and Professional Publishing and Education Publishing STM books are sold and distributed globally in digital and print formats through multiple channels, including research libraries and library consortia, independent subscription agents, direct sales to professional society members, bookstores, online booksellers, and other customers. Professional books, which include business and finance, technology, and other professional categories, as well as the For Dummies Education textbooks and related supplementary material and digital products are sold primarily to bookstores and online booksellers serving both for-profit and nonprofit educational institutions (primarily colleges and universities), and direct-to-students. We employ sales representatives who call on faculty responsible for selecting books to be used in courses, and on the bookstores that serve such institutions and their students. The textbook business is seasonal, with the majority of textbook sales occurring during the July-through-October and December-through-January periods. Book sales for STM, Professional and Education Publishing are generally made on a returnable basis with certain restrictions. Our performance obligations as it relates to STM, Professional and Education Publishing are primarily book products delivered in both print and digital form which could include a single or multiple performance obligations based on the number of International Standard Book Number (“ISBN’s”) purchased. This revenue stream also includes variable consideration as it relates to discounts and returns for both print and digital books. Discounts are identifiable by performance obligation and therefore are applied at the point of sale by performance obligation. The process that we use to determine our sales returns and the related reserve provision charged against revenue is based on applying an estimated return rate to current year returnable print book sales. This rate is based upon an analysis of actual historical return experience in the various markets and geographic regions in which we do business. We collect, maintain and analyze significant amounts of sales returns data for large volumes of homogeneous transactions. This allows us to make reasonable estimates of the amount of future returns. All available data is utilized to identify the returns by market and to which fiscal year the sales returns apply. This enables management to track the returns in detail and identify and react to trends occurring in the marketplace, with the objective of being able to make the most informed judgments possible in setting reserve rates. Associated with the estimated sales return reserves, we also include a related reduction in inventory and royalty costs as a result of the expected returns. As it relates to print and digital books within the STM, Professional and Education Publishing, revenue is recognized at the point when control of product transfers, which for print is upon shipment or for digital when fulfillment of the products has been rendered. Course Workflow (WileyPLUS) We offer high-quality online learning solutions, including WileyPLUS, a research-based, online environment for effective teaching and learning that is integrated with a complete digital textbook. Course Workflow customers purchase access codes to utilize the product. This could include a single or multiple performance obligations based on the number of course ISBN’s purchased. Revenue is recognized from the point in time when the access codes are activated and then over the applicable semester term such product relates to. Test Preparation and Certification The Test Preparation and Certification business represents learning solutions and training activities that are delivered to customers directly through online digital delivery platforms. Products include CPAExcel, a modular, digital platform comprised of online self-study, videos, mobile apps, and sophisticated planning tools to help professionals prepare for the CPA exam, and test preparation products for the CFA®, CMA, CIA®, CMT®, FRN®, FINRA, Banking, and PMP® exams. Test Preparation and Certification contracts are generally three-year agreements. This revenue stream includes multiple performance obligations as it relates to the on-line and printed course materials, including such items as text books, e-books, video lectures, flashcards, study guides and test banks. The transaction price is fixed; however, discounts are offered and returns of certain products are allowed. We allocate revenue to each performance obligation based on its standalone selling price. Depending on the performance obligation, revenue is recognized at the time the product is delivered and control has passed to the customer or over time due to our stand-ready obligation to provide updates to the customer. Licensing, Distribution, Advertising and Other Licensing and distribution services are made available to other publishers under agency arrangements. We also engage in co-publishing titles with international publishers and receive licensing revenue from photocopies, reproductions, translations, and digital uses of our content. Wiley also realizes advertising revenue from branded Web sites (e.g., Dummies.com, etc.) and online applications. Licensing, Distribution, Advertising and Other contracts are generally multi-year agreements. Revenue derived from our licensing contracts is primarily comprised of advance payments and sales- or usage-based royalties. Revenue for advance payments is recognized at the point in time that the functional intellectual property license is granted. For sales- or usage- based royalties, we record revenue under these arrangements for the amounts due and not yet reported to us based on estimates of the sales or usage of these customers and pursuant to the terms of the contracts. Solutions Segment Included within the Solutions segment are the following revenue streams: ● Education Services, ● Professional Assessment, and ● Corporate Learning. Education Services As student demand for online degree and certificate programs continues to increase, traditional institutions are partnering with o nline program management Education Services includes a single performance obligation for the services provided because of the integrated technology and services our institutional clients need to attract, enroll, educate and support students. Consideration is variable since it is based on the number of students enrolled in a program. We begin to recognize revenue at the start of the delivery of the class within a semester, which is also the point at which the variable consideration contingency is resolved. Professional Assessment Our Professional Assessment services include pre-hire screening and post-hire personality assessments, which are delivered to business customers through online digital delivery platforms, either directly or through an authorized distributor network of independent consultants, trainers, and coaches. Professional Assessment services contracts are generally one year. Professional Assessment includes a performance obligation to stand ready to provide assessments to our distributor’s customers or to provide assessments direct to a customer. Revenue for Professional Assessments is recognized at the time the product or service is provided or delivered. Consideration is allocated to assessments based on standalone selling prices. In addition, as it relates to Professional Assessments customers' unexercised rights for situations where we have received a nonrefundable payment for a customer to receive a good or service and the customer is not expected to exercise such right, we will recognize such “breakage” amounts as revenue in proportion to the pattern of rights exercised by the customer. Corporate Learning The Corporate Learning business offers online learning and training solutions for global corporations, universities, and small and medium-sized enterprises, which are sold on a subscription or fee basis. Learning formats and modules on topics such as leadership development, value creation, client orientation, change management and corporate strategy are delivered on a cloud-based Learning Management System (“LMS”) platform that hosts over 20,000 content assets (videos, digital learning modules, written files, etc.) in 17 languages. Its Mohive offering also provides a collaborative e-learning publishing and program creation system. Revenue growth is derived from legacy markets, such as France, England, and other European markets, and newer markets, such as the U.S. and Brazil. In addition, content and LMS offerings are continuously refreshed and expanded to serve a wider variety of customer needs. The transaction price consists of fixed consideration that is determined at the beginning of each year and received at the same time. Within Corporate Learning there are multiple performance obligations which includes the licenses to learning content and the learning application. Revenue is recognized over time as we have a continuous obligation to provide the right of access to the intellectual property which includes the licenses and learning applications.

Recent Accounting Standards (Ta

Recent Accounting Standards (Tables)	9 Months Ended
	Jan. 31, 2019
Recent Accounting Standards [Abstract]
Reconciliation of Cash, Cash Equivalents and Restricted Cash	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Unaudited Condensed Consolidated Statement of Financial Position that sum to the total of the same such amounts shown in the Unaudited Condensed Consolidated Statement of Cash Flows. Balance at the Beginning of Period April 30, 2018 April 30, 2017 Cash and cash equivalents $ 169,773 $ 58,516 Restricted cash included in Prepaid expenses and other current assets 484 — Total cash, cash equivalents, and restricted cash shown in the Unaudited Condensed Consolidated Statement of Cash Flows $ 170,257 $ 58,516 Balance at the End of Period January 31, 2019 January 31, 2018 Cash and cash equivalents $ 132,758 $ 128,217 Restricted cash included in Prepaid expenses and other current assets 632 545 Total cash, cash equivalents, and restricted cash shown in the Unaudited Condensed Consolidated Statement of Cash Flows $ 133,390 $ 128,762
Cumulative Effect of Changes Made to Consolidated Balance Sheet As a Result of Adoption of New Revenue Standard	The cumulative effect of the changes made to our consolidated balance sheet at May 1, 2018 as a result of adoption of the new revenue standard using the modified retrospective method were as follows: April 30, 2018 Adjustments due to Adoption May 1, 2018 Assets Accounts receivable, net $ 212,377 $ 93,349 $ 305,726 Product development assets 78,814 (3,725 ) 75,089 Technology, property and equipment, net 289,934 (361 ) 289,573 Other non-current assets 85,802 5,274 91,076 Liabilities Accrued royalties 73,007 (731 ) 72,276 Contract liability (Deferred revenue) 486,353 89,364 575,717 Deferred income tax liabilities 143,518 1,400 144,918 Retained earnings $ 1,834,057 $ 4,503 $ 1,838,560

Acquisition (Tables)

Acquisition (Tables)	9 Months Ended
	Jan. 31, 2019
Acquisition [Abstract]
Intangible Assets Acquired and Weighted-Average Useful Life	The transaction was accounted for using the acquisition method of accounting. We recorded the preliminary fair value of the assets acquired and liabilities assumed on the acquisition date, which included $109.5 million of intangible assets, goodwill of $109.1 million and net liabilities assumed of $17.3 million, all of which are included in the Solutions segment. None of the goodwill will be deductible for tax purposes. The final allocation of the consideration transferred to the assets acquired and the liabilities assumed will be finalized within the measurement period, which will not exceed one year from the acquisition date. The following table summarizes the identifiable intangible assets acquired and their weighted-average useful life. Estimated Fair Value Weighted-Average Useful Life (in Years) Customer Relationships $ 103.8 15 Course Content 5.7 4 Total $ 109.5

Revenue Recognition, Contract_3

Revenue Recognition, Contracts with Customers (Tables)	9 Months Ended
	Jan. 31, 2019
Revenue Recognition, Contracts with Customers [Abstract]
Revenue from Contracts With Customers Disaggregated by Segment and Product Type	The following tables present our revenue from contracts with customers disaggregated by segment and product type for the three and nine months ended January 31, 2019 and 2018: Three Months Ended January 31, 2019 2018 Research Publishing Solutions Total Research Publishing Solutions Total Research: Journals Subscriptions $ 152,291 $ — $ — $ 152,291 $ 160,287 $ — $ — $ 160,287 Open Access 14,194 — — 14,194 9,905 — — 9,905 Licensing, Reprints, Backfiles and Other 50,804 — — 50,804 45,035 — — 45,035 Publishing Technology Services (Atypon) 9,064 — — 9,064 8,262 — — 8,262 Publishing: STM and Professional Publishing — 64,599 — 64,599 — 80,775 — 80,775 Education Publishing — 37,437 — 37,437 — 48,446 — 48,446 Course Workflow (WileyPLUS) — 22,935 — 22,935 — 21,406 — 21,406 Test Preparation and Certification — 9,560 — 9,560 — 7,758 — 7,758 Licensing, Distribution, Advertising and Other — 11,104 — 11,104 — 11,859 — 11,859 Solutions: Education Services — — 46,207 46,207 — — 32,242 32,242 Professional Assessment — — 14,600 14,600 — — 13,228 13,228 Corporate Learning — — 16,572 16,572 — — 16,472 16,472 Total $ 226,353 $ 145,635 $ 77,379 $ 449,367 $ 223,489 $ 170,244 $ 61,942 $ 455,675 Nine Months Ended January 31, 2019 2018 Research Publishing Solutions Total Research Publishing Solutions Total Research: Journals Subscriptions $ 482,000 $ — $ — $ 482,000 $ 498,775 $ — $ — $ 498,775 Open Access 38,917 — — 38,917 28,058 — — 28,058 Licensing, Reprints, Backfiles and Other 132,041 — — 132,041 124,594 — — 124,594 Publishing Technology Services (Atypon) 27,032 — — 27,032 24,559 — — 24,559 Publishing: STM and Professional Publishing — 197,565 — 197,565 — 215,835 — 215,835 Education Publishing — 127,736 — 127,736 — 151,893 — 151,893 Course Workflow (WileyPLUS) — 42,142 — 42,142 — 38,926 — 38,926 Test Preparation and Certification — 29,343 — 29,343 — 27,167 — 27,167 Licensing, Distribution, Advertising and Other — 31,269 — 31,269 — 32,686 — 32,686 Solutions: Education Services — — 105,244 105,244 — — 88,316 88,316 Professional Assessment — — 47,667 47,667 — — 43,936 43,936 Corporate Learning — — 47,934 47,934 — — 44,105 44,105 Total $ 679,990 $ 428,055 $ 200,845 $ 1,308,890 $ 675,986 $ 466,507 $ 176,357 $ 1,318,850
Contract Asset and Liability Balances	The following table provides information about receivables and contract liabilities from contracts with customers. January 31, 2019 April 30, 2018 (1) Increase/ (Decrease) Balances from contracts with customers: Accounts receivable, net (2) $ 194,764 $ 212,377 $ (17,613 ) Contract liability (Deferred revenue) (2) 271,541 486,353 (214,812 ) Contract liability (Deferred revenue) (included in Other Long-Term Liabilities) $ 14,722 $ — $ 14,722 (1) (2)

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Jan. 31, 2019
Stock-Based Compensation [Abstract]
Restricted Stock Data for Awards Granted	The following table summarizes restricted stock awards we granted: Nine Months Ended January 31, 2019 2018 Restricted Stock: Awards granted 406 528 Weighted average fair value of grant $ 63.09 $ 53.27

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Jan. 31, 2019
Accumulated Other Comprehensive Loss [Abstract]
Changes in Accumulated Other Comprehensive Loss by Component, Net of Tax	Changes in Accumulated Other Comprehensive Loss by component, net of tax, for the three and nine months ended January 31, 2019 and 2018 were as follows: Foreign Currency Translation Unamortized Retirement Costs Interest Rate Swaps Total Balance at October 31, 2018 $ (312,322 ) $ (177,828 ) $ 1,586 $ (488,564 ) Other comprehensive (loss) income before reclassifications 17,515 (3,141 ) 176 14,550 Amounts reclassified from accumulated other comprehensive loss — 1,060 (1,312 ) (252 ) Total other comprehensive (loss) income 17,515 (2,081 ) (1,136 ) 14,298 Balance at January 31, 2019 $ (294,807 ) $ (179,909 ) $ 450 $ (474,266 ) Balance at April 30, 2018 $ (251,573 ) $ (191,026 ) $ 3,019 $ (439,580 ) Other comprehensive income (loss) before reclassifications (43,234 ) 7,852 789 (34,593 ) Amounts reclassified from accumulated other comprehensive loss — 3,265 (3,358 ) (93 ) Total other comprehensive income (loss) (43,234 ) 11,117 (2,569 ) (34,686 ) Balance at January 31, 2019 $ (294,807 ) $ (179,909 ) $ 450 $ (474,266 ) Foreign Currency Translation Unamortized Retirement Costs Interest Rate Swaps Total Balance at October 31, 2017 $ (286,171 ) $ (193,028 ) $ 2,473 $ (476,726 ) Other comprehensive income (loss) before reclassifications 51,401 (9,686 ) 509 42,224 Amounts reclassified from accumulated other comprehensive loss — 1,099 225 1,324 Total other comprehensive income (loss) 51,401 (8,587 ) 734 43,548 Balance at January 31, 2018 $ (234,770 ) $ (201,615 ) $ 3,207 $ (433,178 ) Balance at April 30, 2017 $ (319,212 ) $ (190,502 ) $ 2,427 $ (507,287 ) Other comprehensive income (loss) before reclassifications 84,442 (14,376 ) 315 70,381 Amounts reclassified from accumulated other comprehensive loss — 3,263 465 3,728 Total other comprehensive income (loss) 84,442 (11,113 ) 780 74,109 Balance at January 31, 2018 $ (234,770 ) $ (201,615 ) $ 3,207 $ (433,178 )

Reconciliation of Weighted Av_2

Reconciliation of Weighted Average Shares Outstanding and Share Repurchases (Tables)	9 Months Ended
	Jan. 31, 2019
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]
Reconciliation of Shares used in Computation of Earnings Per Share	A reconciliation of the shares used in the computation of earnings per share follows: Three Months Ended January 31, Nine Months Ended January 31, 2019 2018 2019 2018 Weighted average shares outstanding 57,200 57,170 57,383 57,123 Less: Unvested restricted shares (42) (135) (53) (144) Shares used for basic earnings per share 57,158 57,035 57,330 56,979 Dilutive effect of stock options and other stock awards 468 836 552 757 Shares used for diluted earnings per share 57,626 57,871 57,882 57,736
Summary of Cash Dividends Paid	The following table summarizes the cash dividends paid during the nine months ended January 31, 2019: Date of Declaration by Board of Directors Quarterly Cash Dividend Total Dividend Class of Common Stock Dividend Paid Date Shareholders of Record as of Date June 21, 2018 $0.33 per common share $19.0 million Class A and Class B July 18, 2018 July 3, 2018 September 26, 2018 $0.33 per common share $18.9 million Class A and Class B October 24, 2018 October 9, 2018 December 19, 2018 $0.33 per common share $18.9 million Class A and Class B January 16, 2019 January 2, 2019

Restructuring and Related Cha_2

Restructuring and Related Charges (Tables)	9 Months Ended
	Jan. 31, 2019
Restructuring and Related Charges [Abstract]
Pre-tax Restructuring (Credits) Charges	The following tables summarize the pre-tax restructuring (credits) charges related to this program: Three Months Ended January 31, Nine Months Ended January 31, Total Charges 2019 2018 2019 2018 Incurred to Date (Credits) Charges by Segment: Research $ (51 ) $ 690 $ 1,251 $ 5,138 $ 26,664 Publishing (4 ) (392 ) 735 6,933 39,666 Solutions 74 1,277 914 3,447 7,161 Corporate Expenses (367 ) 633 662 11,013 96,581 Total Restructuring and Related (Credits) Charges $ (348 ) $ 2,208 $ 3,562 $ 26,531 $ 170,072 (Credits) Charges by Activity: Severance $ (911 ) $ 1,781 $ 1,983 $ 25,047 $ 116,786 Consulting and Contract Termination Costs 301 427 526 1,948 21,155 Other Activities 262 — 1,053 (464 ) 32,131 Total Restructuring and Related (Credits) Charges $ (348 ) $ 2,208 $ 3,562 $ 26,531 $ 170,072
Activity for Restructuring and Reinvestment Program Liability	The following table summarizes the activity for the Restructuring and Reinvestment Program liability for the nine months ended January 31, 2019: April 30, 2018 Charges Payments Foreign Translation & Other Adjustments January 31, 2019 Severance $ 17,279 $ 1,983 $ (11,108 ) $ (229 ) $ 7,925 Consulting and Contract Termination Costs — 526 (223 ) — 303 Other Activities 2,772 1,053 (1,250 ) 261 2,836 Total $ 20,051 $ 3,562 $ (12,581 ) $ 32 $ 11,064

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Jan. 31, 2019
Segment Information [Abstract]
Segment Information	Segment information is as follows: Three Months Ended January 31, Nine Months Ended January 31, 2019 2018 (1) 2019 2018 (1) Revenue: Research $ 226,353 $ 223,489 $ 679,990 $ 675,986 Publishing 145,635 170,244 428,055 466,507 Solutions 77,379 61,942 200,845 176,357 Total Revenue $ 449,367 $ 455,675 $ 1,308,890 $ 1,318,850 Contribution to Profit: Research $ 60,532 $ 58,253 $ 176,565 $ 188,861 Publishing 33,706 47,895 86,881 94,278 Solutions (3,427 ) 6,403 6,846 11,744 Total Contribution to Profit (1) $ 90,811 $ 112,551 $ 270,292 $ 294,883 Corporate Expenses (40,465 ) (47,157 ) (126,331 ) (136,131 ) Operating Income (1) $ 50,346 $ 65,394 $ 143,961 $ 158,752 (1) Due to the retrospective adoption of ASU 2017-07, total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest Income and Other for the three and nine months ended January 31, 2018, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information. The impact of the reclassification on Contribution to Profit by segment for the three months ended January 31, 2018 was $1.0 million in Research, $0.6 million in Publishing, and $0.4 million in Corporate expenses. The impact of the reclassification on Contribution to Profit by segment for the nine months ended January 31, 2018 was $3.1 million in Research, $1.7 million in Publishing, and $1.2 million in Corporate expenses.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Jan. 31, 2019
Inventories [Abstract]
Inventories	Inventories were as follows: January 31, 2019 April 30, 2018 Finished goods $ 31,777 $ 36,503 Work-in-process 2,384 2,139 Paper and other materials 611 550 $ 34,772 $ 39,192 Inventory value of estimated sales returns 5,046 4,626 LIFO reserve (4,554 ) (4,329 ) Total inventories $ 35,264 $ 39,489

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Jan. 31, 2019
Goodwill and Intangible Assets [Abstract]
Activity in Goodwill by Segment	Goodwill The following table summarizes the activity in goodwill by segment as of January 31, 2019: April 30, 2018 Acquisition (1) Foreign Translation Adjustment January 31, 2019 Research $ 463,419 $ — $ (18,338 ) $ 445,081 Publishing 283,851 — (518 ) 283,333 Solutions 272,531 109,139 (6,862 ) 374,808 Total $ 1,019,801 $ 109,139 $ (25,718 ) $ 1,103,222 (1)
Intangible Assets	Intangible Assets Identifiable intangible assets, net consisted of the following: January 31, 2019 April 30, 2018 Intangible Assets with Determinable Lives, net: Content and Publishing Rights (1) $ 405,426 $ 436,760 Customer Relationships (1) 251,855 161,729 Brands and Trademarks 13,663 16,100 Covenants not to Compete 497 655 Total 671,441 615,244 Intangible Assets with Indefinite Lives: Brands and Trademarks 132,912 138,589 Content and Publishing Rights 88,250 94,238 Total 221,162 232,827 Total Intangible Assets, Net $ 892,603 $ 848,071 (1)

Retirement Plans (Tables)

Retirement Plans (Tables)	9 Months Ended
	Jan. 31, 2019
Retirement Plans [Abstract]
Components of Net Periodic Pension Expense (Income) for Defined Benefit Plans	The components of net pension expense (income) for our global defined benefit plans were as follows: Three Months Ended January 31, Nine Months Ended January 31, 2019 2018 2019 2018 Service cost $ 226 $ 243 $ 688 $ 715 Interest cost 6,103 6,407 18,484 19,005 Expected return on plan assets (9,638 ) (9,924 ) (29,260 ) (29,363 ) Net amortization of prior service cost (24 ) (24 ) (72 ) (72 ) Unrecognized net actuarial loss 1,429 1,536 4,337 4,550 Pension plan actuarial loss $ — $ — $ — $ 21 Net pension income (1,904 ) (1,762 ) (5,823 ) (5,144 )

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Thousands		3 Months Ended			9 Months Ended
		Jan. 31, 2019	Jan. 31, 2018		Jan. 31, 2019	Jan. 31, 2018
Change in Accounting Policy [Abstract]
Cost of sales	[1]	$ 143,879	$ 136,362	[2]	$ 404,194	$ 394,444	[2]
Operating and administrative expenses	[1],[2]	$ 240,715	239,548		$ 717,348	703,158
Learning House [Member] | Change in Accounting Policy for Certain Advertising and Marketing Costs [Member]
Change in Accounting Policy [Abstract]
Cost of sales			11,200			34,700
Operating and administrative expenses			$ (11,200)			$ (34,700)
[1]	In connection with the acquisition of The Learning House, Inc. ("Learning House"), we changed our accounting policy for certain advertising and marketing costs related to the Education Services business. Under the new accounting policy, these costs are included in Cost of Sales whereas they were previously included in Operating and Administrative Expenses on the Unaudited Condensed Consolidated Statements of Income. Including these expenses in Cost of Sales will better align these costs with the related revenue and conform with the presentation of such costs for Learning House. This change in accounting policy was applied retrospectively. The Condensed Consolidated Statements of Income for the three and nine months ended January 31, 2018 have been reclassified to reflect this change in accounting policy. The impact of this reclassification was an increase to Cost of Sales and a corresponding decrease to Operating and Administrative Expenses of $11.2 million and $34.7 million for the three and nine months ended January 31, 2018, respectively. This reclassification had no impact on Revenue, net, Operating Income, Net Income, or Earnings per Share. Refer to Note 3, "Acquisition," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.
[2]	Due to the retrospective adoption of Accounting Standards Update ("ASU") 2017-07, "Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,", total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest and Other Income for the three and nine months ended January 31, 2018, respectively. Total net benefits related to the non-service components of defined benefit and other post-employment benefit plans were $2.1 million and $6.6 million for the three and nine months ended January 31, 2019, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.

Recent Accounting Standards, Re

Recent Accounting Standards, Recently Adopted Accounting Standards (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018	Apr. 30, 2018	Apr. 30, 2017
Recently Adopted Accounting Standards [Abstract]
Net charges (benefits)		$ (1,904)	$ (1,762)	$ (5,823)	$ (5,144)
Reconciliation of cash, cash equivalents and restricted cash reported within Condensed Consolidated Statement of Cash Flows [Abstract]
Cash and cash equivalents		132,758	128,217	132,758	128,217	$ 169,773	$ 58,516
Restricted cash included in Prepaid expenses and other current assets		632	545	632	545	484	0
Total cash, cash equivalents, and restricted cash shown in the Unaudited Condensed Consolidated Statement of Cash Flows	[1]	133,390	128,762	133,390	128,762	$ 170,257	$ 58,516
ASU 2017-07 Member] | Operating and Administrative Expenses [Member]
Recently Adopted Accounting Standards [Abstract]
Net charges (benefits)			2,000		6,000
ASU 2017-07 Member] | Interest and Other Income [Member]
Recently Adopted Accounting Standards [Abstract]
Net charges (benefits)		$ 2,100	$ (2,000)	$ 6,600	(6,000)
ASU 2016-18 [Member]
Recently Adopted Accounting Standards [Abstract]
Reduction in cash used in operating activities					$ (500)
[1]	Due to the retrospective adoption of ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," we are now required to include restricted cash as part of the change in cash, cash equivalents, and restricted cash. As a result, amounts which were previously classified as cash flows from operating activities have been reclassified as they are recognized in the total change in cash, cash equivalents and restricted cash. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.

Recent Accounting Standards, Ch

Recent Accounting Standards, Changes in Accounting Policy Resulting from Adoption of Topic 606 (Details) - USD ($) $ in Thousands		3 Months Ended				9 Months Ended
		Jan. 31, 2019		Jan. 31, 2018		Jan. 31, 2019		Jan. 31, 2018		Apr. 30, 2018
Assets [Abstract]
Accounts receivable, net		$ 194,764	[1]			$ 194,764	[1]			$ 212,377
Product development assets		62,004				62,004				78,814
Technology, property and equipment, net		286,172				286,172				289,934
Other non-current assets		93,279				93,279				85,802
Liabilities [Abstract]
Accrued royalties		135,863				135,863				73,007
Contract liability (Deferred revenue)		271,541	[1]			271,541	[1]			486,353
Deferred income tax liabilities		157,786				157,786				143,518
Retained earnings		1,886,620				1,886,620				1,834,057
Revenue, net		449,367		$ 455,675		1,308,890		$ 1,318,850
Cost of sales	[2]	143,879		$ 136,362	[3]	404,194		$ 394,444	[3]
Accounts receivable, net		194,764	[1]			194,764	[1]			212,377
Contract liability (Deferred revenue)		271,541	[1]			271,541	[1]			486,353
Topic 606 [Member]
Liabilities [Abstract]
Amounts netted down from accounts receivable, net and deferred revenue										59,500
Revenue, net		400				11,100
Cost of sales		(700)				1,700
Topic 606 [Member] | Sales Return Reserve Provision [Member]
Assets [Abstract]
Accounts receivable, net		(36,700)				(36,700)				(28,300)
Liabilities [Abstract]
Contract liability (Deferred revenue)		36,700				36,700				28,300
Accounts receivable, net		(36,700)				(36,700)				(28,300)
Contract liability (Deferred revenue)		$ 36,700				$ 36,700				28,300
Adjustments due to Adoption [Member] | Topic 606 [Member]
Assets [Abstract]
Accounts receivable, net										93,349
Product development assets										(3,725)
Technology, property and equipment, net										(361)
Other non-current assets										5,274
Liabilities [Abstract]
Accrued royalties										(731)
Contract liability (Deferred revenue)										89,364
Deferred income tax liabilities										1,400
Retained earnings										4,503
Accounts receivable, net										93,349
Contract liability (Deferred revenue)										89,364
Balances without Adoption of Topic 606 [Member] | Topic 606 [Member]
Assets [Abstract]
Accounts receivable, net	[1],[4]									212,377
Liabilities [Abstract]
Contract liability (Deferred revenue)	[1],[4]									486,353
Accounts receivable, net	[1],[4]									212,377
Contract liability (Deferred revenue)	[1],[4]									486,353
Balances upon Adoption of Topic 606 [Member] | Topic 606 [Member]
Assets [Abstract]
Accounts receivable, net										305,726
Product development assets										75,089
Technology, property and equipment, net										289,573
Other non-current assets										91,076
Liabilities [Abstract]
Accrued royalties										72,276
Contract liability (Deferred revenue)										575,717
Deferred income tax liabilities										144,918
Retained earnings										1,838,560
Accounts receivable, net										305,726
Contract liability (Deferred revenue)										$ 575,717
[1]	Due to the adoption of the new revenue standard, the sales return reserve as of January 31, 2019 of $36.7 million is recorded in Contract Liability (Deferred Revenue). In prior periods, it was recorded as a reduction to Accounts Receivable, net on the Unaudited Condensed Consolidated Statement of Financial Position.
[2]	In connection with the acquisition of The Learning House, Inc. ("Learning House"), we changed our accounting policy for certain advertising and marketing costs related to the Education Services business. Under the new accounting policy, these costs are included in Cost of Sales whereas they were previously included in Operating and Administrative Expenses on the Unaudited Condensed Consolidated Statements of Income. Including these expenses in Cost of Sales will better align these costs with the related revenue and conform with the presentation of such costs for Learning House. This change in accounting policy was applied retrospectively. The Condensed Consolidated Statements of Income for the three and nine months ended January 31, 2018 have been reclassified to reflect this change in accounting policy. The impact of this reclassification was an increase to Cost of Sales and a corresponding decrease to Operating and Administrative Expenses of $11.2 million and $34.7 million for the three and nine months ended January 31, 2018, respectively. This reclassification had no impact on Revenue, net, Operating Income, Net Income, or Earnings per Share. Refer to Note 3, "Acquisition," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.
[3]	Due to the retrospective adoption of Accounting Standards Update ("ASU") 2017-07, "Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,", total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest and Other Income for the three and nine months ended January 31, 2018, respectively. Total net benefits related to the non-service components of defined benefit and other post-employment benefit plans were $2.1 million and $6.6 million for the three and nine months ended January 31, 2019, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.
[4]	As noted above, prior period amounts have not been adjusted under the modified retrospective method.

Acquisition (Details)

Acquisition (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 01, 2018	Jan. 31, 2019		Jan. 31, 2018		Jan. 31, 2019		Jan. 31, 2018		Oct. 31, 2018	Apr. 30, 2018
Acquisitions [Abstract]
Net cash payment for acquisition						$ 190,467		$ 0
Goodwill		$ 1,103,222				1,103,222					$ 1,019,801
Identifiable intangible assets acquired and weighted-average useful life [Abstract]
Identifiable intangible assets acquired		671,441				671,441					615,244
Revenue		449,367		$ 455,675		1,308,890		1,318,850
Operating loss		50,346		$ 65,394	[1]	143,961		$ 158,752	[1]
Solutions [Member]
Acquisitions [Abstract]
Goodwill		374,808				374,808					272,531
Customer Relationships [Member]
Identifiable intangible assets acquired and weighted-average useful life [Abstract]
Identifiable intangible assets acquired		251,855	[2]			251,855	[2]				$ 161,729
The Learning House, Inc. [Member]
Acquisitions [Abstract]
Percentage of ownership interest acquired										100.00%
Consideration transferred	$ 201,300
Payment to acquire business, gross	200,800
Cash acquired	10,300
Net cash payment for acquisition	190,500
Identifiable intangible assets acquired and weighted-average useful life [Abstract]
Identifiable intangible assets acquired		109,500				109,500
The Learning House, Inc. [Member] | Solutions [Member]
Acquisitions [Abstract]
Goodwill										$ 109,100
Net liabilities assumed										(17,300)
Goodwill deductible for tax purposes										0
Identifiable intangible assets acquired and weighted-average useful life [Abstract]
Identifiable intangible assets acquired										$ 109,500
Revenue		13,400				13,400
Operating loss		(5,200)				(5,200)
The Learning House, Inc. [Member] | Warrants [Member]
Acquisitions [Abstract]
Issuance of warrants	$ 500
The Learning House, Inc. [Member] | Warrants [Member] | Common Stock Class A [Member]
Acquisitions [Abstract]
Number of shares of common stock warrantholders are allowed to purchase (in shares)										400,000
Exercise price per share (in dollars per share)										$ 90
The Learning House, Inc. [Member] | Customer Relationships [Member]
Identifiable intangible assets acquired and weighted-average useful life [Abstract]
Identifiable intangible assets acquired		103,800				$ 103,800
Weighted-average useful life						15 years
The Learning House, Inc. [Member] | Course Content [Member]
Identifiable intangible assets acquired and weighted-average useful life [Abstract]
Identifiable intangible assets acquired		$ 5,700				$ 5,700
Weighted-average useful life						4 years
[1]	Due to the retrospective adoption of ASU 2017-07, total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest Income and Other for the three and nine months ended January 31, 2018, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information. The impact of the reclassification on Contribution to Profit by segment for the three months ended January 31, 2018 was $1.0 million in Research, $0.6 million in Publishing, and $0.4 million in Corporate expenses. The impact of the reclassification on Contribution to Profit by segment for the nine months ended January 31, 2018 was $3.1 million in Research, $1.7 million in Publishing, and $1.2 million in Corporate expenses.
[2]	As of January 31, 2019, amounts include intangible assets acquired as part of the acquisition of Learning House on November 1, 2018. Refer to Note 3, "Acquisition," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information related to the acquisition of Learning House.

Revenue Recognition, Contract_4

Revenue Recognition, Contracts with Customers, Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	$ 449,367	$ 455,675	$ 1,308,890	$ 1,318,850
Journals Subscriptions [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	152,291	160,287	482,000	498,775
Open Access [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	14,194	9,905	38,917	28,058
Licensing, Reprints, Backfiles and Other [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	50,804	45,035	132,041	124,594
Publishing Technology Services (Atypon) [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	9,064	8,262	27,032	24,559
STM and Professional Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	64,599	80,775	197,565	215,835
Education Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	37,437	48,446	127,736	151,893
Course Workflow (WileyPLUS) [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	22,935	21,406	42,142	38,926
Test Preparation and Certification [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	9,560	7,758	29,343	27,167
Licensing, Distribution, Advertising and Other [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	11,104	11,859	31,269	32,686
Education Services [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	46,207	32,242	105,244	88,316
Professional Assessment [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	14,600	13,228	47,667	43,936
Corporate Learning [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	16,572	16,472	47,934	44,105
Operating Segments [Member] | Research [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	226,353	223,489	679,990	675,986
Operating Segments [Member] | Research [Member] | Journals Subscriptions [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	152,291	160,287	482,000	498,775
Operating Segments [Member] | Research [Member] | Open Access [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	14,194	9,905	38,917	28,058
Operating Segments [Member] | Research [Member] | Licensing, Reprints, Backfiles and Other [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	50,804	45,035	132,041	124,594
Operating Segments [Member] | Research [Member] | Publishing Technology Services (Atypon) [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	9,064	8,262	27,032	24,559
Operating Segments [Member] | Research [Member] | STM and Professional Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Research [Member] | Education Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Research [Member] | Course Workflow (WileyPLUS) [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Research [Member] | Test Preparation and Certification [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Research [Member] | Licensing, Distribution, Advertising and Other [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Research [Member] | Education Services [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Research [Member] | Professional Assessment [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Research [Member] | Corporate Learning [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	145,635	170,244	428,055	466,507
Operating Segments [Member] | Publishing [Member] | Journals Subscriptions [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Publishing [Member] | Open Access [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Publishing [Member] | Licensing, Reprints, Backfiles and Other [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Publishing [Member] | Publishing Technology Services (Atypon) [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Publishing [Member] | STM and Professional Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	64,599	80,775	197,565	215,835
Operating Segments [Member] | Publishing [Member] | Education Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	37,437	48,446	127,736	151,893
Operating Segments [Member] | Publishing [Member] | Course Workflow (WileyPLUS) [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	22,935	21,406	42,142	38,926
Operating Segments [Member] | Publishing [Member] | Test Preparation and Certification [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	9,560	7,758	29,343	27,167
Operating Segments [Member] | Publishing [Member] | Licensing, Distribution, Advertising and Other [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	11,104	11,859	31,269	32,686
Operating Segments [Member] | Publishing [Member] | Education Services [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Publishing [Member] | Professional Assessment [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Publishing [Member] | Corporate Learning [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	77,379	61,942	200,845	176,357
Operating Segments [Member] | Solutions [Member] | Journals Subscriptions [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member] | Open Access [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member] | Licensing, Reprints, Backfiles and Other [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member] | Publishing Technology Services (Atypon) [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member] | STM and Professional Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member] | Education Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member] | Course Workflow (WileyPLUS) [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member] | Test Preparation and Certification [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member] | Licensing, Distribution, Advertising and Other [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	0	0	0	0
Operating Segments [Member] | Solutions [Member] | Education Services [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	46,207	32,242	105,244	88,316
Operating Segments [Member] | Solutions [Member] | Professional Assessment [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	14,600	13,228	47,667	43,936
Operating Segments [Member] | Solutions [Member] | Corporate Learning [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	$ 16,572	$ 16,472	$ 47,934	$ 44,105

Revenue Recognition, Contract_5

Revenue Recognition, Contracts with Customers, Description of Revenue Generating Activities (Details)	3 Months Ended	9 Months Ended
	Jan. 31, 2018Journal	Jan. 31, 2019SegmentAssetLanguage
Description of Revenue Generating Activities [Abstract]
Number of reportable segments | Segment		3
Number of languages available for learning contracts | Language		17
Journals Subscriptions [Member]
Description of Revenue Generating Activities [Abstract]
Number of academic research journals published | Journal	1,700
Duration of contract		1 year
Test Preparation and Certification [Member]
Description of Revenue Generating Activities [Abstract]
Duration of contract		3 years
Professional Assessment [Member]
Description of Revenue Generating Activities [Abstract]
Duration of contract		1 year
Minimum [Member]
Description of Revenue Generating Activities [Abstract]
Number of content assets available for corporate learning contracts | Asset		20,000
Minimum [Member] | Publishing Technology Services [Member]
Description of Revenue Generating Activities [Abstract]
Duration of contract		2 years
Minimum [Member] | Education Services [Member]
Description of Revenue Generating Activities [Abstract]
Duration of contract		7 years
Maximum [Member] | Publishing Technology Services [Member]
Description of Revenue Generating Activities [Abstract]
Duration of contract		5 years
Maximum [Member] | Education Services [Member]
Description of Revenue Generating Activities [Abstract]
Duration of contract		10 years

Revenue Recognition, Contract_6

Revenue Recognition, Contracts with Customers, Accounts Receivable, net and Contract Liability (Deferred Revenue) Balances (Details) - USD ($) $ in Thousands		9 Months Ended		12 Months Ended
		Jan. 31, 2019		Apr. 30, 2018
Balances from contracts with customers [Abstract]
Accounts receivable, net		$ 194,764	[1]	$ 212,377
Contract liability (Deferred revenue)		271,541	[1]	486,353
Contract liability (Deferred revenue) (included in Other Long-Term Liabilities)		14,722
Increase/(decrease) [Abstract]
Sales return reserve recorded in contract liability		36,700
Revenue recognized from beginning contract liability		131,400		518,200
Balances without Adoption of Topic 606 [Member] | ASU 2014-09 [Member]
Balances from contracts with customers [Abstract]
Accounts receivable, net	[1],[2]			212,377
Contract liability (Deferred revenue)	[1],[2]			486,353
Contract liability (Deferred revenue) (included in Other Long-Term Liabilities)	[2]			0
Effect of Change Higher/(Lower) [Member] | ASU 2014-09 [Member]
Balances from contracts with customers [Abstract]
Accounts receivable, net				93,349
Contract liability (Deferred revenue)				$ 89,364
Increase/(decrease) [Abstract]
Accounts receivable, net	[1]	(17,613)
Contract liability (Deferred revenue)	[1]	(214,812)
Contract liability (Deferred revenue) (included in Other Long-Term Liabilities)		$ 14,722
[1]	Due to the adoption of the new revenue standard, the sales return reserve as of January 31, 2019 of $36.7 million is recorded in Contract Liability (Deferred Revenue). In prior periods, it was recorded as a reduction to Accounts Receivable, net on the Unaudited Condensed Consolidated Statement of Financial Position.
[2]	As noted above, prior period amounts have not been adjusted under the modified retrospective method.

Revenue Recognition, Contract_7

Revenue Recognition, Contracts with Customers, Remaining Performance Obligations, Assets Recognized for the Costs to Obtain or Fulfill a Contract (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Remaining Performance Obligations [Abstract]
Remaining performance obligations		$ 286,300		$ 286,300
Assets Recognized for the Costs to Obtain or Fulfill a Contract [Abstract]
Costs capitalized		7,600		7,600
Amortization		700		1,900
Cost of revenue [Abstract]
Operating and administrative expenses	[1],[2]	240,715	$ 239,548	717,348	$ 703,158
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-31
Remaining Performance Obligations [Abstract]
Remaining performance obligations		$ 234,900		$ 234,900
Expected timing of satisfaction, period		12 months		12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-31
Remaining Performance Obligations [Abstract]
Remaining performance obligations		$ 14,700		$ 14,700
Expected timing of satisfaction, period
Shipping and Handling [Member]
Cost of revenue [Abstract]
Operating and administrative expenses		$ 7,900	$ 8,700	$ 24,400	$ 25,300
[1]	Due to the retrospective adoption of Accounting Standards Update ("ASU") 2017-07, "Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,", total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest and Other Income for the three and nine months ended January 31, 2018, respectively. Total net benefits related to the non-service components of defined benefit and other post-employment benefit plans were $2.1 million and $6.6 million for the three and nine months ended January 31, 2019, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.
[2]	In connection with the acquisition of The Learning House, Inc. ("Learning House"), we changed our accounting policy for certain advertising and marketing costs related to the Education Services business. Under the new accounting policy, these costs are included in Cost of Sales whereas they were previously included in Operating and Administrative Expenses on the Unaudited Condensed Consolidated Statements of Income. Including these expenses in Cost of Sales will better align these costs with the related revenue and conform with the presentation of such costs for Learning House. This change in accounting policy was applied retrospectively. The Condensed Consolidated Statements of Income for the three and nine months ended January 31, 2018 have been reclassified to reflect this change in accounting policy. The impact of this reclassification was an increase to Cost of Sales and a corresponding decrease to Operating and Administrative Expenses of $11.2 million and $34.7 million for the three and nine months ended January 31, 2018, respectively. This reclassification had no impact on Revenue, net, Operating Income, Net Income, or Earnings per Share. Refer to Note 3, "Acquisition," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Stock-based Compensation [Abstract]
Share-based compensation expense	$ 6.1	$ 4	$ 15	$ 6.5
Restricted Stock [Member]
Restricted stock data for awards granted by the Company [Abstract]
Awards granted (in shares)			406	528
Weighted average fair value of grant (in dollars per share)	$ 63.09	$ 53.27	$ 63.09	$ 53.27
Performance-based Stock Awards [Member]
Stock-based Compensation [Abstract]
Period for achievement of performance-based targets			3 years

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	$ 1,169,392	$ 1,047,050	$ 1,190,557	$ 1,003,137
Other comprehensive income (loss) before reclassifications	14,550	42,224	(34,593)	70,381
Amounts reclassified from accumulated other comprehensive loss	(252)	1,324	(93)	3,728
Total Other Comprehensive Income (Loss)	14,298	43,548	(34,686)	74,109
Balance	1,195,429	1,168,326	1,195,429	1,168,326
Accumulated Other Comprehensive Loss [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(488,564)	(476,726)	(439,580)	(507,287)
Balance	(474,266)	(433,178)	(474,266)	(433,178)
Foreign Currency Translation [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(312,322)	(286,171)	(251,573)	(319,212)
Other comprehensive income (loss) before reclassifications	17,515	51,401	(43,234)	84,442
Amounts reclassified from accumulated other comprehensive loss	0	0	0	0
Total Other Comprehensive Income (Loss)	17,515	51,401	(43,234)	84,442
Balance	(294,807)	(234,770)	(294,807)	(234,770)
Unamortized Retirement Costs [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(177,828)	(193,028)	(191,026)	(190,502)
Other comprehensive income (loss) before reclassifications	(3,141)	(9,686)	7,852	(14,376)
Amounts reclassified from accumulated other comprehensive loss	1,060	1,099	3,265	3,263
Total Other Comprehensive Income (Loss)	(2,081)	(8,587)	11,117	(11,113)
Balance	(179,909)	(201,615)	(179,909)	(201,615)
Interest Rate Swaps [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	1,586	2,473	3,019	2,427
Other comprehensive income (loss) before reclassifications	176	509	789	315
Amounts reclassified from accumulated other comprehensive loss	(1,312)	225	(3,358)	465
Total Other Comprehensive Income (Loss)	(1,136)	734	(2,569)	780
Balance	$ 450	$ 3,207	$ 450	$ 3,207

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss, Reclassification out of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Amortization from Accumulated Other Comprehensive Loss [Abstract]
Operating and administrative expenses	[1],[2]	$ 240,715	$ 239,548	$ 717,348	$ 703,158
Unamortized Retirement Costs [Member] | Reclassification out of Accumulated Other Comprehensive Loss [Member]
Amortization from Accumulated Other Comprehensive Loss [Abstract]
Operating and administrative expenses		$ 1,400	$ 1,500	$ 4,100	$ 4,400
[1]	Due to the retrospective adoption of Accounting Standards Update ("ASU") 2017-07, "Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,", total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest and Other Income for the three and nine months ended January 31, 2018, respectively. Total net benefits related to the non-service components of defined benefit and other post-employment benefit plans were $2.1 million and $6.6 million for the three and nine months ended January 31, 2019, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.
[2]	In connection with the acquisition of The Learning House, Inc. ("Learning House"), we changed our accounting policy for certain advertising and marketing costs related to the Education Services business. Under the new accounting policy, these costs are included in Cost of Sales whereas they were previously included in Operating and Administrative Expenses on the Unaudited Condensed Consolidated Statements of Income. Including these expenses in Cost of Sales will better align these costs with the related revenue and conform with the presentation of such costs for Learning House. This change in accounting policy was applied retrospectively. The Condensed Consolidated Statements of Income for the three and nine months ended January 31, 2018 have been reclassified to reflect this change in accounting policy. The impact of this reclassification was an increase to Cost of Sales and a corresponding decrease to Operating and Administrative Expenses of $11.2 million and $34.7 million for the three and nine months ended January 31, 2018, respectively. This reclassification had no impact on Revenue, net, Operating Income, Net Income, or Earnings per Share. Refer to Note 3, "Acquisition," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information.

Reconciliation of Weighted Av_3

Reconciliation of Weighted Average Shares Outstanding and Share Repurchases (Details) - shares	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]
Weighted average shares outstanding (in shares)	57,200,000	57,170,000	57,383,000	57,123,000
Less: Unvested restricted shares (in shares)	(42,000)	(135,000)	(53,000)	(144,000)
Shares used for basic earnings per share (in shares)	57,158,000	57,035,000	57,330,000	56,979,000
Dilutive effect of stock options and other stock awards (in shares)	468,000	836,000	552,000	757,000
Shares used for diluted earnings per share (in shares)	57,626,000	57,871,000	57,882,000	57,736,000
Stock Options [Member] | Class A Common [Member]
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]
Anti-dilutive shares excluded from diluted EPS calculation (in shares)	154,385	0	154,385	255,187
Warrants [Member]
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]
Warrants issued during period (in shares)		0		0
Warrants [Member] | Class A Common [Member]
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]
Anti-dilutive shares excluded from diluted EPS calculation (in shares)	470,000		158,148
Restricted Stock [Member]
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]
Anti-dilutive shares excluded from diluted EPS calculation (in shares)	0	0	0	26,740

Reconciliation of Weighted Av_4

Reconciliation of Weighted Average Shares Outstanding and Share Repurchases, Share Repurchases and Dividends (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 16, 2019	Dec. 19, 2018	Oct. 24, 2018	Sep. 26, 2018	Jul. 18, 2018	Jun. 21, 2018	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Cash dividend [Abstract]
Cash dividends	$ 18,900		$ 18,900		$ 19,000				$ 56,963	$ 55,093
Class A Common [Member]
Share repurchases [Abstract]
Shares repurchased (in shares)							208,711	0	633,831	550,757
Average purchase price (in dollars per share)							$ 47.91	$ 0	$ 55.21	$ 53.12
Cash dividend [Abstract]
Common stock (in dollars per share)							0.33	0.32	$ 0.99	0.96
Class A Common [Member] | Dividend Declared in Q1 2019 [Member]
Cash dividend [Abstract]
Dividend declared date									Jun. 21, 2018
Common stock (in dollars per share)						$ 0.33
Dividend payable date									Jul. 18, 2018
Dividend record date									Jul. 3, 2018
Class A Common [Member] | Dividend Declared in Q2 2019 [Member]
Cash dividend [Abstract]
Dividend declared date									Sep. 26, 2018
Common stock (in dollars per share)				$ 0.33
Dividend payable date									Oct. 24, 2018
Dividend record date									Oct. 9, 2018
Class A Common [Member] | Dividend Declared in Q3 2019 [Member]
Cash dividend [Abstract]
Dividend declared date									Dec. 19, 2018
Common stock (in dollars per share)		$ 0.33
Dividend payable date									Jan. 16, 2019
Dividend record date									Jan. 2, 2019
Class B Common [Member]
Cash dividend [Abstract]
Common stock (in dollars per share)							$ 0.33	$ 0.32	$ 0.99	$ 0.96
Class B Common [Member] | Dividend Declared in Q1 2019 [Member]
Cash dividend [Abstract]
Dividend declared date									Jun. 21, 2018
Common stock (in dollars per share)						$ 0.33
Dividend payable date									Jul. 18, 2018
Dividend record date									Jul. 3, 2018
Class B Common [Member] | Dividend Declared in Q2 2019 [Member]
Cash dividend [Abstract]
Dividend declared date									Sep. 26, 2018
Common stock (in dollars per share)				$ 0.33
Dividend payable date									Oct. 24, 2018
Dividend record date									Oct. 9, 2018
Class B Common [Member] | Dividend Declared in Q3 2019 [Member]
Cash dividend [Abstract]
Dividend declared date									Dec. 19, 2018
Common stock (in dollars per share)		$ 0.33
Dividend payable date									Jan. 16, 2019
Dividend record date									Jan. 2, 2019

Restructuring and Related Cha_3

Restructuring and Related Charges, Pre-tax Restructuring (Credits) Charges (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Summary of pre-tax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	$ (348)	$ 2,208	$ 3,562	$ 26,531
Restructuring and Reinvestment Program [Member]
Summary of pre-tax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	(348)	2,208	3,562	26,531
Restructuring and related charges incurred to date	170,072		170,072
Restructuring and Reinvestment Program [Member] | Severance [Member]
Summary of pre-tax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	(911)	1,781	1,983	25,047
Restructuring and related charges incurred to date	116,786		116,786
Restructuring and Reinvestment Program [Member] | Consulting and Contract Termination Costs [Member]
Summary of pre-tax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	301	427	526	1,948
Restructuring and related charges incurred to date	21,155		21,155
Restructuring and Reinvestment Program [Member] | Other Activities [Member]
Summary of pre-tax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	262	0	1,053	(464)
Restructuring and related charges incurred to date	32,131		32,131
Research [Member] | Restructuring and Reinvestment Program [Member]
Summary of pre-tax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	(51)	690	1,251	5,138
Restructuring and related charges incurred to date	26,664		26,664
Publishing [Member] | Restructuring and Reinvestment Program [Member]
Summary of pre-tax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	(4)	(392)	735	6,933
Restructuring and related charges incurred to date	39,666		39,666
Solutions [Member] | Restructuring and Reinvestment Program [Member]
Summary of pre-tax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	74	1,277	914	3,447
Restructuring and related charges incurred to date	7,161		7,161
Corporate Expenses [Member] | Restructuring and Reinvestment Program [Member]
Summary of pre-tax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	(367)	$ 633	662	$ 11,013
Restructuring and related charges incurred to date	$ 96,581		$ 96,581

Restructuring and Related Cha_4

Restructuring and Related Charges, Activity for Restructuring and Reinvestment Program Liability (Details) - Restructuring and Reinvestment Program [Member] $ in Thousands	9 Months Ended
	Jan. 31, 2019USD ($)
Activity for Restructuring and Reinvestment Program liability [Roll Forward]
Restructuring liability, beginning of period	$ 20,051
Charges	3,562
Payments	(12,581)
Foreign translation & other adjustments	32
Restructuring liability, end of period	11,064
Severance [Member]
Activity for Restructuring and Reinvestment Program liability [Roll Forward]
Restructuring liability, beginning of period	17,279
Charges	1,983
Payments	(11,108)
Foreign translation & other adjustments	(229)
Restructuring liability, end of period	7,925
Consulting and Contract Termination Costs [Member]
Activity for Restructuring and Reinvestment Program liability [Roll Forward]
Restructuring liability, beginning of period	0
Charges	526
Payments	(223)
Foreign translation & other adjustments	0
Restructuring liability, end of period	303
Other Activities [Member]
Activity for Restructuring and Reinvestment Program liability [Roll Forward]
Restructuring liability, beginning of period	2,772
Charges	1,053
Payments	(1,250)
Foreign translation & other adjustments	261
Restructuring liability, end of period	2,836
Other Activities [Member] | Other Accrued Liabilities [Member]
Activity for Restructuring and Reinvestment Program liability [Roll Forward]
Restructuring liability, end of period	1,200
Other Activities [Member] | Other Long-Term Liabilities [Member]
Activity for Restructuring and Reinvestment Program liability [Roll Forward]
Restructuring liability, end of period	$ 1,600

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018		Jan. 31, 2019	Jan. 31, 2018
Segment information [Abstract]
Revenue	$ 449,367	$ 455,675		$ 1,308,890	$ 1,318,850
Contribution to Profit	90,811	112,551	[1]	270,292	294,883	[1]
Corporate Expenses	(40,465)	(47,157)		(126,331)	(136,131)
Operating Income	50,346	65,394	[1]	143,961	158,752	[1]
Net benefits	(1,904)	(1,762)		(5,823)	(5,144)
Operating and Administrative Expenses [Member] | ASU 2017-07 Member]
Segment information [Abstract]
Net benefits		2,000			6,000
Interest and Other Income [Member] | ASU 2017-07 Member]
Segment information [Abstract]
Net benefits	2,100	(2,000)		6,600	(6,000)
Research [Member] | Interest and Other Income [Member] | ASU 2017-07 Member]
Segment information [Abstract]
Net benefits		(1,000)			(3,100)
Publishing [Member] | Interest and Other Income [Member] | ASU 2017-07 Member]
Segment information [Abstract]
Net benefits		(600)			(1,700)
Operating Segments [Member] | Research [Member]
Segment information [Abstract]
Revenue	226,353	223,489		679,990	675,986
Contribution to Profit	60,532	58,253		176,565	188,861
Operating Segments [Member] | Publishing [Member]
Segment information [Abstract]
Revenue	145,635	170,244		428,055	466,507
Contribution to Profit	33,706	47,895		86,881	94,278
Operating Segments [Member] | Solutions [Member]
Segment information [Abstract]
Revenue	77,379	61,942		200,845	176,357
Contribution to Profit	$ (3,427)	6,403		$ 6,846	11,744
Corporate [Member] | Interest and Other Income [Member] | ASU 2017-07 Member]
Segment information [Abstract]
Net benefits		$ (400)			$ (1,200)
[1]	Due to the retrospective adoption of ASU 2017-07, total net benefits of $2.0 million and $6.0 million related to the non-service components of defined benefit and other post-employment benefit plans were reclassified from Operating and Administrative Expenses to Interest Income and Other for the three and nine months ended January 31, 2018, respectively. Refer to Note 2, "Recent Accounting Standards," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information. The impact of the reclassification on Contribution to Profit by segment for the three months ended January 31, 2018 was $1.0 million in Research, $0.6 million in Publishing, and $0.4 million in Corporate expenses. The impact of the reclassification on Contribution to Profit by segment for the nine months ended January 31, 2018 was $3.1 million in Research, $1.7 million in Publishing, and $1.2 million in Corporate expenses.

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jan. 31, 2019	Apr. 30, 2018
Inventories [Abstract]
Finished goods	$ 31,777	$ 36,503
Work-in-process	2,384	2,139
Paper and other materials	611	550
Gross inventory	34,772	39,192
Inventory value of estimated sales returns	5,046	4,626
LIFO reserve	(4,554)	(4,329)
Total inventories	$ 35,264	$ 39,489

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Goodwill (Details) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Jan. 31, 2019	Apr. 30, 2018
Goodwill [Roll Forward]
Beginning balance		$ 1,019,801
Acquisition	[1]	109,139
Foreign translation adjustment		(25,718)
Ending balance		1,103,222	$ 1,019,801
Research [Member]
Goodwill [Roll Forward]
Beginning balance		463,419
Acquisition	[1]	0
Foreign translation adjustment		(18,338)
Ending balance		445,081	463,419
Publishing [Member]
Goodwill [Roll Forward]
Beginning balance		283,851
Acquisition	[1]	0
Foreign translation adjustment		(518)	(11,600)
Ending balance		283,333	283,851
Solutions [Member]
Goodwill [Roll Forward]
Beginning balance		272,531
Acquisition	[1]	109,139
Foreign translation adjustment		(6,862)	11,600
Ending balance		$ 374,808	$ 272,531
[1]	Refer to Note 3, "Acquisition," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information related to the acquisition of Learning House on November 1, 2018.

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jul. 31, 2017	Jan. 31, 2019		Jan. 31, 2018	Apr. 30, 2018
Intangible Assets with Determinable Lives, net [Abstract]
Total		$ 671,441			$ 615,244
Intangible Assets with Indefinite Lives [Abstract]
Total		221,162			232,827
Intangible assets (excluding goodwill) [Abstract]
Total Intangible Assets, Net		892,603			848,071
Impairment charges		0		$ 3,600
Brands and Trademarks [Member]
Intangible Assets with Indefinite Lives [Abstract]
Total		132,912			138,589
Content and Publishing Rights [Member]
Intangible Assets with Indefinite Lives [Abstract]
Total		88,250			94,238
Brands [Member]
Intangible assets (excluding goodwill) [Abstract]
Impairment charges	$ 3,600
Fair value of intangible assets	$ 1,200
Content and Publishing Rights [Member]
Intangible Assets with Determinable Lives, net [Abstract]
Total		405,426	[1]		436,760
Customer Relationships [Member]
Intangible Assets with Determinable Lives, net [Abstract]
Total		251,855	[1]		161,729
Brands and Trademarks [Member]
Intangible Assets with Determinable Lives, net [Abstract]
Total		13,663			16,100
Covenants Not to Compete [Member]
Intangible Assets with Determinable Lives, net [Abstract]
Total		$ 497			$ 655
[1]	As of January 31, 2019, amounts include intangible assets acquired as part of the acquisition of Learning House on November 1, 2018. Refer to Note 3, "Acquisition," in the Notes to Unaudited Condensed Consolidated Financial Statements for more information related to the acquisition of Learning House.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		4 Months Ended	8 Months Ended	9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Apr. 30, 2018	Dec. 31, 2017	Jan. 31, 2019	Jan. 31, 2018
Effective income tax rate [Abstract]
Effective tax rate as reported	22.70%	(18.10%)			22.60%	4.00%
The Tax Act [Abstract]
Provisional estimated net tax benefit related to the Tax Act		$ 25				$ 25
Effective Tax Rate excluding the impact of non-recurring items from the Tax Act		24.80%				21.40%
Federal statutory tax rate			21.00%	35.00%

Retirement Plans (Details)

Retirement Plans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018
Defined benefit plans, net pension expense (income) [Abstract]
Service cost	$ 226	$ 243	$ 688	$ 715
Interest cost	6,103	6,407	18,484	19,005
Expected return on plan assets	(9,638)	(9,924)	(29,260)	(29,363)
Net amortization of prior service cost	(24)	(24)	(72)	(72)
Unrecognized net actuarial loss	1,429	1,536	4,337	4,550
Pension plan actuarial loss	0	0	0	21
Net pension income	(1,904)	(1,762)	(5,823)	(5,144)
Employer defined benefit pension plan contributions	15,800	2,800	22,900	8,400
Employer discretionary contribution	10,000		10,000
Expense for employer defined contribution plans	$ 2,600	$ 3,400	$ 9,900	$ 11,300

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2019	Jan. 31, 2018	Apr. 30, 2018
Derivative Instruments and Hedging Activities [Abstract]
Variable rate loans outstanding	$ 633.5		$ 633.5
Interest Rate Swaps [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Interest Expense [Member]
Derivative Instruments and Hedging Activities [Abstract]
Net gain (losses) reclassified from Accumulated Other Comprehensive Loss	1.3	$ 0.4	3.4	$ 0.8
Interest Rate Swaps [Member] | Recurring [Member] | Level 2 [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]
Derivative Instruments and Hedging Activities [Abstract]
Assets fair value of derivative instrument	$ 1.8		$ 1.8		$ 5.1
Interest Rate Swaps [Member] | April 2016 Interest Rate Swap (Variable Rate Loans) [Member] | LIBOR [Member]
Derivative Instruments and Hedging Activities [Abstract]
Inception date			Apr. 4, 2016
Fixed interest rate to be paid	0.92%		0.92%
Term of variable rate			1 month
Term of derivative instrument			3 years
Expiration date			May 15, 2019
Notional amount of derivative liability	$ 350		$ 350		$ 350