John Wiley & Sons (WLY) 10-Q 8 Dec 21 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Oct. 31, 2021	Nov. 30, 2021
Entity Listings [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2021
Current Fiscal Year End Date	--04-30
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Document Transition Report	false
Entity File Number	001-11507
Entity Registrant Name	JOHN WILEY & SONS, INC.
Entity Central Index Key	0000107140
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	13-5593032
Entity Address, Address Line One	111 River Street
Entity Address, City or Town	Hoboken
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07030
City Area Code	201
Local Phone Number	748-6000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Common Stock Class A [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Class A Common Stock, par value $1.00 per share
Trading Symbol	JW.A
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		46,655,004
Common Stock Class B [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Class B Common Stock, par value $1.00 per share
Trading Symbol	JW.B
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		9,043,275

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - UNAUDITED - USD ($) $ in Thousands		Oct. 31, 2021	Apr. 30, 2021
Current assets
Cash and cash equivalents		$ 100,898	$ 93,795
Accounts receivable, net of allowance for credit losses of $22.0 million and $21.5 million, respectively		291,891	311,571
Inventories, net		39,725	42,538
Prepaid expenses and other current assets		67,952	78,393
Total current assets		500,466	526,297
Product development assets, net		46,274	49,517
Royalty advances, net		15,260	39,582
Technology, property and equipment, net		271,774	282,270
Intangible assets, net		970,036	1,015,302	[1]
Goodwill		1,302,234	1,304,340	[2]
Operating lease right-of-use assets		121,708	121,430
Other non-current assets		118,279	107,701
Total assets		3,346,031	3,446,439
Current liabilities
Accounts payable		51,271	95,791
Accrued royalties		102,137	78,582
Short-term portion of long-term debt	[3]	12,500	12,500
Contract liabilities	[4]	267,890	545,425
Accrued employment costs		85,890	144,744
Accrued income taxes		12,862	8,590
Short-term portion of operating lease liabilities		22,353	22,440
Other accrued liabilities		89,606	80,900
Total current liabilities		644,509	988,972
Long-term debt		1,032,505	809,088
Accrued pension liability		126,198	146,247
Deferred income tax liabilities		187,931	172,903
Operating lease liabilities		143,638	145,832
Other long-term liabilities		104,585	92,106
Total liabilities		2,239,366	2,355,148
Shareholders' equity
Preferred stock, $1 par value per share: Authorized shares - 2 million, Issued shares - 0		0	0
Additional paid-in capital		451,808	444,358
Retained earnings		1,881,235	1,850,058
Accumulated other comprehensive loss, net of tax		(498,209)	(490,790)
Less treasury shares at cost (Class A - 23,561 and 23,419 as of October 31, 2021 and April 30, 2021, respectively; Class B - 3,923 and 3,922 as of October 31, 2021 and April 30, 2021, respectively)		(811,351)	(795,517)
Total shareholders' equity		1,106,665	1,091,291
Total liabilities and shareholders' equity		3,346,031	3,446,439
Class A [Member]
Shareholders' equity
Common stock		70,211	70,208
Class B [Member]
Shareholders' equity
Common stock		$ 12,971	$ 12,974
[1]	The developed technology balance as of April 30, 2021 is presented net of accumulated impairments and write-offs of $2.8 million. The indefinite-lived brands and trademarks as of April 30, 2021 is net of accumulated impairments of $93.1 million.
[2]	The Education Services goodwill balance as of April 30, 2021 includes a cumulative pretax noncash goodwill impairment of $110.0 million.
[3]	Relates to our term loan A under the Amended and Restated RCA.
[4]	The sales return reserve recorded in Contract liabilities is $42.3 million and $38.0 million, as of October 31, 2021 and April 30, 2021, respectively.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - UNAUDITED (Parenthetical) - USD ($) shares in Thousands, $ in Millions	Oct. 31, 2021	Apr. 30, 2021
Current assets
Accounts receivable, allowance for credit losses	$ 22	$ 21.5
Shareholders' equity
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	2,000	2,000
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	180,000
Common stock, shares issued (in shares)	70,211	70,208
Treasury stock (in shares)	23,561	23,419
Class B [Member]
Shareholders' equity
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	72,000	72,000
Common stock, shares issued (in shares)	12,971	12,974
Treasury stock (in shares)	3,923	3,922

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME - UNAUDITED - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME - UNAUDITED [Abstract]
Revenue, net		$ 533,003	$ 491,011	$ 1,021,391	$ 922,337
Costs and expenses
Cost of sales		174,782	154,853	340,738	299,662
Operating and administrative expenses		264,190	247,167	524,779	484,536
Restructuring and related (credits) charges	[1]	(1,333)	1,920	(1,609)	4,138
Amortization of intangible assets		21,476	17,166	42,627	34,057
Total costs and expenses		459,115	421,106	906,535	822,393
Operating income		73,888	69,905	114,856	99,944
Interest expense		(4,997)	(4,461)	(9,636)	(9,075)
Foreign exchange transaction losses		(1,370)	(697)	(1,000)	(779)
(Loss) gain on sale of certain assets		(56)	0	3,694	0
Other income, net		3,150	3,766	6,703	8,157
Income before taxes		70,615	68,513	114,617	98,247
Provision for income taxes		14,648	81	44,820	13,481
Net income		$ 55,967	$ 68,432	$ 69,797	$ 84,766
Earnings per share
Basic (in dollars per share)		$ 1	$ 1.22	$ 1.25	$ 1.51
Diluted (in dollars per share)		$ 0.99	$ 1.22	$ 1.24	$ 1.51
Weighted average number of common shares outstanding:
Basic (in shares)		55,806	56,005	55,833	55,959
Diluted (in shares)		56,388	56,165	56,477	56,182
[1]	See Note 9, “Restructuring and Related (Credits) Charges” for these charges by segment.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED [Abstract]
Net income	$ 55,967	$ 68,432	$ 69,797	$ 84,766
Other comprehensive (loss) income:
Foreign currency translation adjustment	(9,483)	(11,626)	(15,420)	35,227
Unamortized retirement credits (costs), net of tax (expense) benefit of $(1,183), $(996), $(1,626), and $709, respectively	4,065	3,403	5,654	(2,262)
Unrealized gain on interest rate swaps, net of tax (expense) of $(602), $(222), $(775) and $(252), respectively	1,809	699	2,347	890
Total other comprehensive (loss) income	(3,609)	(7,524)	(7,419)	33,855
Comprehensive income	$ 52,358	$ 60,908	$ 62,378	$ 118,621

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Other comprehensive (loss) income:
Unamortized retirement credits (costs), tax (expense) benefit	$ (1,183)	$ (996)	$ (1,626)	$ 709
Unrealized gain on interest rate swaps, tax (expense)	$ (602)	$ (222)	$ (775)	$ (252)

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Operating activities
Net income		$ 55,967	$ 68,432	$ 69,797	$ 84,766
Adjustments to reconcile net income to net cash used in operating activities:
Amortization of intangible assets		21,476	17,166	42,627	34,057
Amortization of product development assets				18,088	17,448
Depreciation and amortization of technology, property and equipment				48,406	46,432
Restructuring and related (credits) charges	[1]	(1,333)	1,920	(1,609)	4,138
Stock-based compensation expense		6,700	4,800	13,059	9,066
Employee retirement plan expense				9,892	6,498
Foreign exchange transaction losses		1,370	697	1,000	779
Gain on sale of certain assets		56	0	(3,694)	0
Other noncash charges				37,663	31,143
Net change in operating assets and liabilities				(310,851)	(310,949)
Net cash used in operating activities				(75,622)	(76,622)
Investing activities
Product development spending				(13,001)	(10,999)
Additions to technology, property and equipment				(37,676)	(36,430)
Businesses acquired in purchase transactions, net of cash acquired				(13,615)	(229)
Proceeds related to the sale of certain assets				3,375	0
Acquisitions of publication rights and other				(1,654)	(14,021)
Net cash used in investing activities				(62,571)	(61,679)
Financing activities
Repayments of long-term debt				(113,425)	(249,902)
Borrowings of long-term debt				340,901	309,492
Purchases of treasury shares				(17,367)	0
Change in book overdrafts				(19,212)	(1,165)
Cash dividends				(38,619)	(38,480)
Impact of tax withholding on stock-based compensation and other				(5,232)	(1,346)
Net cash provided by financing activities				147,046	18,599
Effects of exchange rate changes on cash, cash equivalents, and restricted cash				(1,742)	3,301
Cash reconciliation:
Cash and cash equivalents				93,795	202,464
Restricted cash included in Prepaid expenses and other current assets				564	583
Balance at beginning of period				94,359	203,047
Increase/(decrease) for the period				7,111	(116,401)
Cash and cash equivalents		100,898	86,063	100,898	86,063
Restricted cash included in Prepaid expenses and other current assets		572	583	572	583
Balance at end of period		$ 101,470	$ 86,646	101,470	86,646
Cash paid during the period for:
Interest				8,769	8,374
Income taxes, net of refunds				$ 22,019	$ 37,344
[1]	See Note 9, “Restructuring and Related (Credits) Charges” for these charges by segment.

CONDENSED CONSOLIDATED STATEM_7

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]	Accumulated Other Comprehensive Loss, Net of Tax [Member]	Accumulated Other Comprehensive Loss, Net of Tax [Member]Class A [Member]	Accumulated Other Comprehensive Loss, Net of Tax [Member]Class B [Member]	Treasury Stock [Member]	Treasury Stock [Member]Class A [Member]	Treasury Stock [Member]Class B [Member]	Total	Class A [Member]	Class B [Member]	Cumulative Effect of Change in Accounting Principle, Net of Tax [Member]Common Stock [Member]Class A [Member]	Cumulative Effect of Change in Accounting Principle, Net of Tax [Member]Common Stock [Member]Class B [Member]	Cumulative Effect of Change in Accounting Principle, Net of Tax [Member]Additional Paid-in Capital [Member]	Cumulative Effect of Change in Accounting Principle, Net of Tax [Member]Retained Earnings [Member]	Cumulative Effect of Change in Accounting Principle, Net of Tax [Member]Accumulated Other Comprehensive Loss, Net of Tax [Member]	Cumulative Effect of Change in Accounting Principle, Net of Tax [Member]Treasury Stock [Member]	Cumulative Effect of Change in Accounting Principle, Net of Tax [Member]
Balance at Apr. 30, 2020	$ 70,166	$ 13,016	$ 431,680			$ 1,780,129			$ (575,497)			$ (785,870)			$ 933,624			$ 0	$ 0	$ 0	$ (1,390)	$ 0	$ 0	$ (1,390)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted shares issued under stock-based compensation plans	0	0	(5,264)			0			0			5,382			118
Impact of tax withholding on stock-based compensation and other	0	0	369			0			0			(1,715)			(1,346)
Stock-based compensation expense	0	0	9,066			0			0			0			9,066
Common stock dividends	0	0		$ 0	$ 0		$ (32,257)	$ (6,223)		$ 0	$ 0		$ 0	$ 0		$ (32,257)	$ (6,223)
Common stock class conversions	13	(13)	0			0			0			0			0
Comprehensive income, net of tax	0	0	0			84,766			33,855			0			118,621
Balance at Oct. 31, 2020	70,179	13,003	435,851			1,825,025			(541,642)			(782,203)			1,020,213			70,179	13,003	435,851	1,825,025	(541,642)	(782,203)	1,020,213
Balance at Jul. 31, 2020	70,177	13,005	431,241			1,775,813			(534,118)			(782,373)			973,745
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted shares issued under stock-based compensation plans	0	0	(143)			(1)			0			198			54
Impact of tax withholding on stock-based compensation and other	0	0	1			0			0			(28)			(27)
Stock-based compensation expense	0	0	4,752			0			0			0			4,752
Common stock dividends	0	0		0	0		(16,108)	(3,111)		0	0		0	0		(16,108)	(3,111)
Common stock class conversions	2	(2)	0			0			0			0			0
Comprehensive income, net of tax	0	0	0			68,432			(7,524)			0			60,908
Balance at Oct. 31, 2020	70,179	13,003	435,851			1,825,025			(541,642)			(782,203)			1,020,213			$ 70,179	$ 13,003	$ 435,851	$ 1,825,025	$ (541,642)	$ (782,203)	$ 1,020,213
Balance at Apr. 30, 2021	70,208	12,974	444,358			1,850,058			(490,790)			(795,517)			1,091,291
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted shares issued under stock-based compensation plans	0	0	(6,976)			(1)			0			7,114			137
Impact of tax withholding on stock-based compensation and other	0	0	349			0			0			(5,581)			(5,232)
Stock-based compensation expense	0	0	14,077			0			0			0			14,077
Purchase of treasury shares	0	0	0			0			0			(17,367)			(17,367)
Common stock dividends	0	0		0	0		(32,375)	(6,244)		0	0		0	0		(32,375)	(6,244)
Common stock class conversions	3	(3)			0			0			0			0			0
Comprehensive income, net of tax	0	0	0			69,797			(7,419)			0			62,378
Balance at Oct. 31, 2021	70,211	12,971	451,808			1,881,235			(498,209)			(811,351)			1,106,665
Balance at Jul. 31, 2021	70,211	12,971	445,690			1,844,578			(494,600)			(800,945)			1,077,905
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted shares issued under stock-based compensation plans	0	0	(634)			2			0			705			73
Impact of tax withholding on stock-based compensation and other	0	0	39			0			0			(1,111)			(1,072)
Stock-based compensation expense	0	0	6,713			0			0			0			6,713
Purchase of treasury shares	0	0	0			0			0			(10,000)			(10,000)
Common stock dividends	0	0		$ 0	$ 0		$ (16,190)	$ (3,122)		$ 0	$ 0		$ 0	$ 0		$ (16,190)	$ (3,122)
Comprehensive income, net of tax	0	0	0			55,967			(3,609)			0			52,358
Balance at Oct. 31, 2021	$ 70,211	$ 12,971	$ 451,808			$ 1,881,235			$ (498,209)			$ (811,351)			$ 1,106,665

CONDENSED CONSOLIDATED STATEM_8

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - UNAUDITED (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Class A [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock dividend (in dollars per share)	$ 0.3450	$ 0.3425	$ 0.3450	$ 0.3425
Class B [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock dividend (in dollars per share)	$ 0.3450	$ 0.3425	$ 0.3450	$ 0.3425

Basis of Presentation

Basis of Presentation	6 Months Ended
	Oct. 31, 2021
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 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 Unaudited 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 Annual Report on Form 10-K for the fiscal year ended April 30, 2021 as filed with the SEC on July 6, 2021 (2021 Form 10-K). Our Unaudited 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 US GAAP have been condensed or omitted. The preparation of our Unaudited Condensed Consolidated Financial Statements in conformity with US 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. In the fourth quarter of fiscal year 2021, a UK entity acquired in connection with the acquisition of mthree, which was acquired on January 1, 2020 , The Company evaluated the criteria in Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 810

Recent Accounting Standards

Recent Accounting Standards	6 Months Ended
	Oct. 31, 2021
Recent Accounting Standards [Abstract]
Recent Accounting Standards	Note 2 Recent Accounting Standards Recently Adopted Accounting Standards Simplifying the Accounting for Income Taxes In December 2019, the FASB issued Accounting Standards Update (ASU) 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes.” This ASU is intended to simplify various aspects related to accounting for income taxes, eliminates certain exceptions within Topic 740, “Income Taxes” and clarifies certain aspects of the current guidance to promote consistent application. We adopted ASU 2019-12 on May 1, 2021. The adoption did not have a material impact on our consolidated financial statements at the time of adoption. The impact in the future would depend on any changes in tax laws and the applicable enactment dates. In accordance with ASU 2019-12, the enactment date is when any effects are recognized in the consolidated financial statements. Recently Issued Accounting Standards Accounting for Contract Assets and Contract Liabilities from Contracts with Customers In October 2021, the FASB issued ASU 2021-08, “Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers”. This ASU requires that an acquirer recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASC 606 “Revenue from Contracts with Customers” (Topic 606) as if it had originated the contracts. Generally, this would result in an acquirer recognizing and measuring the acquired contract assets and contract liabilities consistent with how they were recognized and measured in the acquiree’s financial statements if the acquiree prepared financial statements in accordance with US GAAP. This standard is effective for us on May 1, 2023, including interim periods within the fiscal year. Early adoption is permitted. The standard is applied prospectively to business combinations occurring on or after the effective date of the amendments. The impact will be based on future business combinations after we adopt the standard. Convertible Debt Instruments, Derivatives and EPS In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40)”. This ASU reduces the number of accounting models for convertible debt instruments and convertible preferred stock. As well as amend the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. In addition, this ASU improves and amends the related earnings-per-share (EPS) guidance. This standard is effective for us on May 1, 2022, including interim periods within the fiscal year. Adoption is either a modified retrospective method or a fully retrospective method of transition. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Reference Rate Reform In March 2020 , the FASB issued ASU 2020-04 , “Reference Rate Reform (Topic 848 ), Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” This ASU provides optional guidance for a limited period of time to ease the burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. This would apply to companies meeting certain criteria that have contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. This standard is effective for us immediately and may be applied prospectively to contract modifications made and hedging relationships entered into or evaluated on or before December 31, 2022 . We are currently assessing the impact the new guidance will have on our consolidated financial statements .

Acquisitions

Acquisitions	6 Months Ended
	Oct. 31, 2021
Acquisitions [Abstract]
Acquisitions	Note 3 Acquisitions Pro forma financial information related to these acquisitions has not been provided as it is not material to our consolidated results of operations. Fiscal Year 2022 On October 1, 2021, we completed the acquisition of certain assets of J&J Editorial Services, LLC. (J&J). J&J is a publishing services company providing expert offerings in editorial operations, production, copyediting, system support and consulting. The results of J&J are included in our Research Publishing & Platforms segment results. The preliminary fair value of consideration transferred was approximately $12.0 million which included $10.5 million of cash at the acquisition date, and $1.5 million of cash to be paid after the acquisition date. We recorded the preliminary fair value of the assets acquired and liabilities assumed on the acquisition date, which included a preliminary allocation of $7.9 million of goodwill and $3.1 million of intangible assets, primarily including customer relationships that are being amortized over an estimated weighted average useful life of years. The fair value assessed for the majority of the tangible assets acquired and liabilities assumed equaled their carrying value. Goodwill represents synergies and economies of scale expected from the combination of services. The allocation of the total consideration transferred to the assets acquired, including intangible assets and goodwill, and the liabilities assumed is preliminary, and could be revised as a result of additional information obtained due to the finalization of the third-party valuation report, leases and related commitments, tax related matters and contingencies and certain assets and liabilities, including receivables and payables, but such amounts will be finalized within the measurement period, which will not exceed one year from the acquisition date. J&J’s revenue and operating loss included in our Research Publishing & Platforms segment results for both the three and six months ended October 31, 2021 was $0.7 million and $0.1 million, respectively . Fiscal Year 2021 On December 31, 2020, we completed the acquisition of 100% of the outstanding stock of Hindawi Limited (“Hindawi”). Hindawi is a scientific research publisher and an innovator in open access publishing. Its results of operations are included in our Research Publishing & Platforms segment. The preliminary fair value of the consideration transferred at the acquisition date was $300.1 million which included $299.3 million of cash and $0.8 million related to the settlement of a preexisting relationship. We financed the payment of the cash consideration primarily through borrowings under our Amended and Restated RCA (as defined below in Note 15, “Debt and Available Credit Facilities”) and using cash on hand. The fair value of the cash consideration transferred, net of $1.0 million of cash acquired was approximately $298.3 million. Hindawi’s revenue and operating income included in our Research Publishing & Platforms segment results for the three months ended October 31, 2021 was $13.1 million and $3.2 million, respectively. Hindawi’s revenue and operating income included in our Research Publishing & Platforms segment results for the six months ended October 31, 2021 was $24.6 million and $5.1 million, respectively. During the months ended , no revisions were made to the allocation of the consideration transferred to the assets acquired and liabilities assumed. We recorded the preliminary fair value of the assets acquired and liabilities assumed on the acquisition date, which included a preliminary allocation of $ million of goodwill allocated to the segment, and $ million of intangible assets subject to amortization. The allocation of the total consideration transferred to the assets acquired, including intangible assets and goodwill, and the liabilities assumed is preliminary, and could be revised as a result of additional information obtained due to the finalization of the third-party valuation report, leases and related commitments, tax related matters and contingencies and certain assets and liabilities, including receivables and payables, but such amounts will be finalized within the measurement period, which will not exceed one year from the acquisition date.

Revenue Recognition, Contracts

Revenue Recognition, Contracts with Customers	6 Months Ended
	Oct. 31, 2021
Revenue Recognition, Contracts with Customers [Abstract]
Revenue Recognition, Contracts with Customers	Note 4 Revenue Recognition, Contracts with Customers Disaggregation of Revenue The following table presents our revenue from contracts with customers disaggregated by segment and product type. Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Research Publishing & Platforms: Research Publishing $ 262,873 $ 240,691 $ 526,231 $ 471,155 Research Platforms 12,281 10,643 23,679 20,989 Total Research Publishing & Platforms 275,154 251,334 549,910 492,144 Academic & Professional Learning: Education Publishing (1) 98,581 102,428 164,961 166,031 Professional Learning 77,948 67,485 150,832 130,314 Total Academic & Professional Learning 176,529 169,913 315,793 296,345 Education Services: University Services (2) 58,081 56,261 112,475 106,523 Talent Development Services (1)(3) 23,239 13,503 43,213 27,325 Total Education Services 81,320 69,764 155,688 133,848 Total Revenue $ 533,003 $ 491,011 $ 1,021,391 $ 922,337 (1) In May 2021, we moved the WileyNXT product offering from Academic & Professional Learning – Education Publishing to Education Services – Talent Development Services. As a result, the prior period results related to the WileyNXT product offering have been included in Education Services – Talent Development Services. The revenue was $0.7 million and $1.2 million for the three and six months ended October 31, 2020, respectively. There were no changes to our total consolidated financial results. (2) University Services was previously referred to as Education Services OPM. (3) Talent Development Services was previously referred to as mthree. The following information describes our disaggregation of revenue by segment and product type. Overall, the majority of our revenue is recognized over time. Research Publishing & Platforms Research Publishing & Platforms customers include academic, corporate, government, and public libraries, funders of research, researchers, scientists, clinicians, engineers and technologists, scholarly and professional societies, and students and professors. Research Publishing & Platforms products are sold and distributed globally through multiple channels, including research libraries and library consortia, independent subscription agents, direct sales to professional society members, and other customers. Publishing centers include Australia, China, Germany, India, the United Kingdom (UK), and the United States (US). The majority of revenue generated from Research Publishing & Platforms products is recognized over time. Total Research Publishing & Platforms revenue was $275.2 million and $549.9 million in the three and six months ended October 31, 2021, respectively. We disaggregated revenue by Research Publishing & Research Platforms to reflect the different type of products and services provided. Research Publishing Products Research Publishing products provide scientific, technical, medical, and scholarly journals, as well as related content and services, to academic, corporate, and government libraries, learned societies, and individual researchers and other professionals. Research Publishing revenue was $262.9 million and $526.2 million in the three and six months ended October 31, 2021, respectively and the majority is recognized over time. Research Publishing products generate approximately 78% and 79% in the three and six months ended October 31, 2021, respectively of its revenue from contracts with its customers from Journal Subscriptions (pay to read), Open Access (pay to publish) and Transitional Agreements (read and publish), sometimes referred to as Comprehensive Agreements, and the remainder from Licensing, Reprints, Backfiles, and Other. Research Platforms Services Research Platforms is principally comprised of Atypon, 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 platform. The revenue related to the J&J acquisition is included in Research Platforms. Research Platforms revenue was $12.3 million and $23.7 million in the three and six months ended October 31, 2021, respectively and the majority is recognized over time. Academic & Professional Learning Academic & Professional Learning provides Education Publishing and Professional Learning products and services including scientific, professional, and education print and digital books, digital courseware, and test preparation services, to libraries, corporations, students, professionals, and researchers, as well as learning, development, and assessment services for businesses and professionals. Communities served include business, finance, accounting, workplace learning, management, leadership, technology, behavioral health, engineering/ architecture, science and medicine, and education. Products are developed for worldwide distribution through multiple channels, including chain and online booksellers, libraries, colleges and universities, corporations, direct to consumer, web sites, distributor networks and other online applications. Publishing centers include Australia, Germany, India, the UK, and the US. Total Academic & Professional Learning revenue was $ million and $ million in the three and six months ended , respectively. We disaggregated revenue by type of products provided. Academic & Professional Learning products are Education Publishing and Professional Learning. Academic & Professional Learning revenues are mainly recognized at a point in time . Education Publishing Products Education Publishing products revenue was $98.6 million and $165.0 million in the three and six months ended October 31, 2021, respectively. Education Publishing products generate approximately 63% and 68% in the three and six months ended October 31, 2021, respectively of its revenue from contracts with its customers from Education (print and digital) Publishing, which is recognized at a point in time, and 24% and 17% in the three and six months ended October 31, 2021, respectively from Digital Courseware which is recognized over time. The remainder of its revenues were from Test Preparation and Certification and Licensing and Other, which has a mix of revenue recognized at a point in time and over time. Professional Learning Products Professional Learning products revenue was $ million and $ million in the three and six months ended , respectively. Professional Learning (print and digital) products generate approximately in both the three and six months ended October 31, 2021 of revenue from contracts with its customers from Professional Publishing, and Licensing and Other, and both are mainly recognized at a point in time. Approximately of Professional Learning products revenue in both the three and six months ended October 31, 2021 is from contracts with its customers from Corporate Training and Corporate Learning, which is recognized mainly over time. Education Services Education Services revenue was $81.3 million and $155.7 million in the three and six months ended type of services provided, which are University Services (previously referred to as Education Services OPM) and Talent Development Services (previously referred to as mthree). University Services University Services revenue was $58.1 million and $112.5 million in the three and six months ended October 31, 2021, respectively and is mainly recognized over time. University Services engages in the comprehensive management of online degree programs for universities and has grown to include a broad array of tech enabled service offerings that address our partner specific pain points. Increasingly, this includes delivering career credentialing education that advances specific careers with in-demand skills. Talent Development Services Talent Development Services revenue was $ million and $ million in the three and six months ended , respectively, and is recognized at the point in time the services are provided to its customers. Talent Development Services Accounts Receivable, net and Contract Liability 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 accounts receivable, net and contract liabilities from contracts with customers. October 31, 2021 April 30, 2021 Increase/ (Decrease) Balances from contracts with customers: Accounts receivable, net $ 291,891 $ 311,571 $ (19,680 ) Contract liabilities (1) 267,890 545,425 (277,535 ) Contract liabilities (included in Other long-term liabilities) $ 20,619 $ 19,560 $ 1,059 (1) The sales return reserve recorded in Contract liabilities is $42.3 million and $38.0 million, as of October 31, 2021 and April 30, 2021, respectively. For the six months ended October 31, 2021, we estimate that we recognized revenue of approximately 74% that was included in the current contract liability balance at April 30, 2021. The decrease in contract liabilities excluding the sales return reserve, was primarily driven by revenue earned on journal subscription agreements, comprehensive agreements, open access and test preparation and certification offerings, partially offset by renewals of journal subscription agreements, comprehensive agreements, open access, and test preparation and certification offerings Remaining Performance Obligations included in Contract Liability As of October 31, 2021, the aggregate amount of the transaction price allocated to the remaining performance obligations is approximately $288.5 million, which included the sales return reserve of $42.3 million. Excluding the sales return reserve, we expect that approximately $225.6 million will be recognized in the next twelve months with the remaining $20.6 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 costs are amortized on a systematic basis that is consistent with the transfer to the customer of the goods or services to which the asset relates. These types of costs are incurred in the following product types, (1) Research Platforms services, which includes customer specific implementation costs per the terms of the contract and (2) University Services, which includes customer specific costs to develop courses per the terms of the contract. Our assets associated with incremental costs to fulfill a contract were $11.5 million and $12.1 million at October 31, 2021 and April 30, 2021, respectively, and are included within Other non-current assets on our Unaudited Condensed Consolidated Statements of Financial Position. We recorded amortization expense of $1.3 million and $2.8 million during the three and six months ended October 31, 2021, respectively, related to these assets within Cost of sales on our Unaudited Condensed Consolidated Statements of Net Income. We recorded amortization expense of $1.4 million and $2.6 million during the three and six months ended October 31, 2020, respectively, related to these assets within Cost of sales on our Unaudited Condensed Consolidated Statements of Net Income. Sales and value-added taxes are excluded from revenues. Shipping and handling costs, which are primarily incurred within the Academic & Professional Learning segment, occur before the transfer of control of the related goods. Therefore, in accordance with the 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 primarily reflected in Operating and administrative expenses on our Unaudited Condensed Consolidated Statements of Net Income. We incurred $7.2 million and $14.0 million in shipping and handling costs in the three and six months ended October 31, 2021, respectively. We incurred $6.5 million and $13.2 million in shipping and handling costs in the three and six months ended October 31, 2020, respectively.

Operating Leases

Operating Leases	6 Months Ended
	Oct. 31, 2021
Operating Leases [Abstract]
Operating Leases	Note 5 Operating Leases We have contractual obligations as a lessee with respect to offices, warehouses and distribution centers, automobiles, and office equipment. We determine if an arrangement is a lease at inception of the contract in accordance with guidance detailed in the lease standard and we perform the lease classification test as of the lease commencement date. Right-of-use (ROU) assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. The present value of the lease payments is calculated using an incremental borrowing rate, which was determined based on the rate of interest that we would have to pay to borrow an amount equal to the lease payments on a collateralized basis over a similar term. We use an unsecured borrowing rate and risk-adjust that rate to approximate a collateralized rate. Under the leasing standard, leases that are more than one year in duration are capitalized and recorded on our Unaudited Condensed Consolidated Statements of Financial Position. Some of our leases offer an option to extend the term of such leases. We utilize the reasonably certain threshold criteria in determining which options we will exercise. Furthermore, some of our lease payments are based on index rates with minimum annual increases. These represent fixed payments and are captured in the future minimum lease payments calculation. For operating leases, the ROU assets and liabilities are presented on our Condensed Consolidated Statement of Financial Position as follows: October 31, 2021 April 30, 2021 Operating lease ROU assets $ 121,708 $ 121,430 Short-term portion of operating lease liabilities 22,353 22,440 Operating lease liabilities, non-current $ 143,638 $ 145,832 During the six months ended October 31, 2021, we added $9.2 million to the ROU assets and $9.1 million to the operating lease liabilities due to new leases, including due to acquisitions, as well as modifications and remeasurements to our existing operating leases. Our total net lease costs are as follows: Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Operating lease cost $ 6,325 $ 6,611 $ 12,242 $ 13,246 Variable lease cost 397 730 741 1,251 Short-term lease cost 36 92 56 180 Sublease income (190 ) (175 ) (391 ) (345 ) Total net lease cost (1) $ 6,568 $ 7,258 $ 12,648 $ 14,332 (1) Total net lease cost does not include those costs and sublease income included in Restructuring and related (credits) charges on our Unaudited Condensed Consolidated Statements of Net Income. This includes those operating leases we had identified in the year ended April 30, 2021 a See Note 9 , “Restructuring and Related (Credits) Charges” for more information on this program. Other supplemental information includes the following: Six Months Ended October 31, 2021 2020 Weighted-average remaining contractual lease term (years) 9 9 Weighted-average discount rate 5.79 % 5.91 % Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 14,846 $ 16,866 The table below reconciles the undiscounted cash flows for the first five years and total of the remaining years to the operating lease liabilities recorded in our Unaudited Condensed Consolidated Statement of Financial Position as of October 31, 2021: Fiscal Year Operating Lease Liabilities 2022 (remaining 6 months) $ 15,618 2023 28,159 2024 26,768 2025 25,364 2026 22,694 Thereafter 95,573 Total future undiscounted minimum lease payments 214,176 Less: Imputed interest 48,185 Present value of minimum lease payments 165,991 Less: Current portion 22,353 Noncurrent portion $ 143,638

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Oct. 31, 2021
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 6 Stock-Based Compensation We have stock-based compensation plans under which employees may be granted performance-based stock awards, other restricted stock awards and options. 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 up to three years in advance, or less. For the three and six months ended October 31, 2021, we recognized stock-based compensation expense, on a pretax basis, of $6.7 million and $13.1 million, respectively. For the three and six months ended October 31, 2020, we recognized stock-based compensation expense, on a pretax basis, of $4.8 million and $9.1 million, respectively. Performance-Based and Other Restricted Stock Activity Under the terms of our long-term incentive plans, performance-based restricted unit awards are payable in restricted shares of our Class A Common Stock upon the achievement of certain or less financial performance-based targets. During each period or less, we adjust compensation expense based upon our best estimate of expected performance. We may also grant individual restricted unit awards payable in restricted shares of our Class A Common Stock to key employees in connection with their employment. The following table summarizes awards we granted to employees (shares in thousands): Six Months Ended October 31, 2021 2020 Restricted Stock Awards granted (shares) 455 390 Weighted average fair value of grant $ 57.16 $ 38.38 Stock Option Activity During the six months ended October 31, 2021, we granted stock option awards. Options are exercisable over a maximum period of from the date of grant. For the six months ended October 31, 2021, options generally vest , , , and on April 30, or on each anniversary date after the award is granted. The following table provides the estimated weighted average fair value for options granted during the six months ended October 31, 2021 Six Months Ended October 31, 2021 Weighted average fair value of options on grant date $ 11.71 Weighted average assumptions Expected life of options (years) 6.3 Risk-free interest rate 1.1 % Expected volatility 30.7 % Expected dividend yield 2.4 % Fair value of common stock on grant date $ 56.79 Exercise price of stock option grant $ 62.36 Prior to the above stock option grants in the six months ended , we did t grant any stock option awards since the year ended April 30, 2016. As of April 30, 2019, all outstanding stock options vested allowing the participant the right to exercise their awards, and there was unrecognized share-based compensation expense remaining related to those stock options.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Oct. 31, 2021
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	Note 7 Accumulated Other Comprehensive Loss Changes in Accumulated Other Comprehensive Loss by component, net of tax, for the three and six months ended October 31, 2021 and 2020 were as follows: Foreign Currency Translation Unamortized Retirement Costs Interest Rate Swaps Total Balance at July 31, 2021 $ (263,878 ) $ (226,557 ) $ (4,165 ) $ (494,600 ) Other comprehensive (loss) income before reclassifications (9,483 ) 2,639 978 (5,866 ) Amounts reclassified from accumulated other comprehensive loss — 1,426 831 2,257 Total other comprehensive (loss) income (9,483 ) 4,065 1,809 (3,609 ) Balance at October 31, 2021 $ (273,361 ) $ (222,492 ) $ (2,356 ) $ (498,209 ) Balance at April 30, 2021 $ (257,941 ) $ (228,146 ) $ (4,703 ) $ (490,790 ) Other comprehensive (loss) income before reclassifications (15,420 ) 2,781 685 (11,954 ) Amounts reclassified from accumulated other comprehensive loss — 2,873 1,662 4,535 Total other comprehensive (loss) income (15,420 ) 5,654 2,347 (7,419 ) Balance at October 31, 2021 $ (273,361 ) $ (222,492 ) $ (2,356 ) $ (498,209 ) Foreign Currency Translation Unamortized Retirement Costs Interest Rate Swaps Total Balance at July 31, 2020 $ (293,850 ) $ (233,585 ) $ (6,683 ) $ (534,118 ) Other comprehensive (loss) income before reclassifications (11,626 ) 1,900 (252 ) (9,978 ) Amounts reclassified from accumulated other comprehensive loss — 1,503 951 2,454 Total other comprehensive (loss) income (11,626 ) 3,403 699 (7,524 ) Balance at October 31, 2020 $ (305,476 ) $ (230,182 ) $ (5,984 ) $ (541,642 ) Balance at April 30, 2020 $ (340,703 ) $ (227,920 ) $ (6,874 ) $ (575,497 ) Other comprehensive income (loss) before reclassifications 35,227 (5,290 ) (921 ) 29,016 Amounts reclassified from accumulated other comprehensive loss — 3,028 1,811 4,839 Total other comprehensive income (loss) 35,227 (2,262 ) 890 33,855 Balance at October 31, 2020 $ (305,476 ) $ (230,182 ) $ (5,984 ) $ (541,642 ) During the three and six months ended October 31, 2021, pretax actuarial losses included in Unamortized Retirement Costs of approximately $1.9 million and $3.7 million, respectively, and in the three and , approximately $ million and $ million, respectively, Our policy for releasing the income tax effects from accumulated other comprehensive (loss) income is to release when the corresponding pretax accumulated other comprehensive (loss) income items are reclassified to earnings.

Reconciliation of Weighted Aver

Reconciliation of Weighted Average Shares Outstanding	6 Months Ended
	Oct. 31, 2021
Reconciliation of Weighted Average Shares Outstanding [Abstract]
Reconciliation of Weighted Average Shares Outstanding	Note 8 Reconciliation of Weighted Average Shares Outstanding A reconciliation of the shares used in the computation of earnings per share follows (shares in thousands): Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Weighted average shares outstanding 55,806 56,005 55,833 55,961 Less: Unvested restricted shares — — — (2 ) Shares used for basic earnings per share 55,806 56,005 55,833 55,959 Dilutive effect of unvested restricted stock units and other stock awards 582 160 644 223 Shares used for diluted earnings per share 56,388 56,165 56,477 56,182 Antidilutive options to purchase Class A common shares, restricted shares, warrants to purchase Class A common shares, and contingently issuable restricted stock which are excluded from the table above 1,074 1,223 1,006 1,318 The shares associated with performance-based stock awards are considered contingently issuable shares and will be included in the diluted weighted average number of common shares outstanding when they have met the performance conditions, and when their effect is dilutive

Restructuring and Related (Cred

Restructuring and Related (Credits) Charges	6 Months Ended
	Oct. 31, 2021
Restructuring and Related (Credits) Charges [Abstract]
Restructuring and Related (Credits) Charges	Note 9 Restructuring and Related (Credits) Charges Business Optimization Program Beginning in fiscal year 2020, we initiated a multiyear Business Optimization Program (the Business Optimization Program) to drive efficiency improvement and operating savings. The following tables summarize the pretax restructuring (credits) charges related to this program: Three Months Ended October 31, Six Months Ended October 31, Total Charges 2021 2020 2021 2020 Incurred to Date (Credits) Charges by Segment: Research Publishing & Platforms $ 22 $ (103 ) $ 238 $ (300 ) $ 3,883 Academic & Professional Learning (465 ) 1,541 (294 ) 1,314 13,410 Education Services 6 84 (28 ) 223 4,277 Corporate Expenses (896 ) 584 (1,525 ) 3,054 43,083 Total Restructuring and Related (Credits) Charges $ (1,333 ) $ 2,106 $ (1,609 ) $ 4,291 $ 64,653 (Credits) Charges by Activity: Severance and termination benefits $ (1,956 ) $ 1,683 $ (2,570 ) $ 2,793 $ 35,825 Impairment of operating lease ROU assets and property and equipment — — — — 15,079 Acceleration of expense related to operating lease ROU assets and property and equipment — — — — 3,378 Facility related charges, net 623 423 961 1,498 8,631 Other activities — — — — 1,740 Total Restructuring and Related (Credits) Charges $ (1,333 ) $ 2,106 $ (1,609 ) $ 4,291 $ 64,653 The credits in severance and termination benefits activities for the three and months ended , primarily reflects changes in the number of headcount reductions and estimates for previously accrued costs. Facilities related charges, net include sublease income related to those operating leases we had identified in the year ended April 30, 2021 a The following table summarizes the activity for the Business Optimization Program liability for the six months ended October 31, 2021: April 30, 2021 (Credits) Payments Foreign Translation & Other Adjustments October 31, 2021 Severance and termination benefits $ 11,465 $ (2,570 ) $ (4,366 ) $ (133 ) $ 4,396 Total $ 11,465 $ (2,570 ) $ (4,366 ) $ (133 ) $ 4,396 The restructuring liability for accrued severance and termination benefits is reflected in Accrued employment costs on our Unaudited Condensed Consolidated Statement of Financial Position as of October 31, 2021.

Segment Information

Segment Information	6 Months Ended
	Oct. 31, 2021
Segment Information [Abstract]
Segment Information	Note 10 Segment Information We report our segment information in accordance with the provisions of FASB Accounting Standards Codification (ASC) Topic 280, “Segment Reporting”. These segments reflect the way our chief operating decision maker evaluates our business performance and manages the operations. The performance metric used by our chief operating decision maker to evaluate performance of our reportable segments is Adjusted Contribution to Profit. Our segment reporting structure consists of reportable segments, which are listed below, as well as a Corporate category, which includes certain costs that are not allocated to the reportable segments: ● Research Publishing & Platforms ● Academic & Professional Learning ● Education Segment information is as follows: Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Revenue Research Publishing & Platforms $ 275,154 $ 251,334 $ 549,910 $ 492,144 Academic & Professional Learning (1) 176,529 169,913 315,793 296,345 Education Services (1) 81,320 69,764 155,688 133,848 Total revenue $ 533,003 $ 491,011 $ 1,021,391 $ 922,337 Adjusted Contribution to Profit: Research Publishing & Platforms $ 77,053 $ 73,850 $ 156,077 $ 143,471 Academic & Professional Learning (1) 40,606 31,548 48,929 31,303 Education Services (1) 727 7,380 (1,134 ) 7,975 Total adjusted contribution to profit 118,386 112,778 203,872 182,749 Adjusted corporate contribution to profit (45,831 ) (40,953 ) (90,625 ) (78,667 ) Total adjusted contribution to profit $ 72,555 $ 71,825 $ 113,247 $ 104,082 Depreciation and Amortization: Research Publishing & Platforms $ 23,464 $ 19,765 $ 47,226 $ 39,466 Academic & Professional Learning (1) 18,148 17,720 36,512 36,524 Education Services (1) 8,813 7,210 17,116 14,489 Total depreciation and amortization 50,425 44,695 100,854 90,479 Corporate depreciation and amortization 4,130 3,735 8,267 7,458 Total depreciation and amortization $ 54,555 $ 48,430 $ 109,121 $ 97,937 (1) In May 2021, we moved the WileyNXT product offering from Academic & Professional Learning to Education Services. As a result, the prior period results related to the WileyNXT product offering have been included in Education Services. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $0.7 million, $(0.1) million, and none, respectively, for the three months ended October 31, 2020. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $1.2 million, $(0.2) million, and none, respectively, for the six months ended October 31, 2020. There were no changes to our total consolidated financial results. The following table shows a reconciliation of our consolidated US GAAP Operating Income to Non-GAAP Adjusted Contribution to Profit: Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 US GAAP Operating Income $ 73,888 $ 69,905 $ 114,856 $ 99,944 Adjustments: Restructuring and related (credits) charges (1) (1,333 ) 1,920 (1,609 ) 4,138 Non-GAAP Adjusted Contribution to Profit $ 72,555 $ 71,825 $ 113,247 $ 104,082 (1) See Note 9, “Restructuring and Related (Credits) Charges” for these charges by segment. See Note 4, “Revenue Recognition, Contracts with Customers,” for revenue from contracts with customers disaggregated by segment and product type for the three and months ended and .

Inventories

Inventories	6 Months Ended
	Oct. 31, 2021
Inventories [Abstract]
Inventories	Note 11 Inventories Inventories, net consisted of the following: October 31, 2021 April 30, 2021 Finished goods $ 29,288 $ 31,704 Work-in-process 1,576 2,060 Paper and other materials 313 331 Total inventories before estimated sales returns and LIFO reserve $ 31,177 $ 34,095 Inventory value of estimated sales returns 10,991 10,886 LIFO reserve (2,443 ) (2,443 ) Inventories, net $ 39,725 $ 42,538

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Oct. 31, 2021
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	Note 12 Goodwill and Intangible Assets Goodwill The following table summarizes the activity in goodwill by segment as of October 31, 2021: April 30, 2021 (1) Acquisition (2) Foreign Translation Adjustment October 31, 2021 Research Publishing & Platforms $ 619,203 $ 7,893 $ (5,104 ) $ 621,992 Academic & Professional Learning 512,512 — (4,683 ) 507,829 Education Services 172,625 — (212 ) 172,413 Total $ 1,304,340 $ 7,893 $ (9,999 ) $ 1,302,234 (1) The Education Services goodwill balance as of April 30, 2021 includes a cumulative pretax noncash goodwill impairment of $110.0 million. (2) Refer to Note 3, “Acquisitions,” for more information related to the acquisition that occurred in the six months ended October 31, 2021. Intangible Assets Intangible assets, net were as follows: October 31, 2021 April 30, 2021 (1) Intangible assets with definite lives, net (2): Content and publishing rights $ 537,493 $ 564,229 Customer relationships 254,297 266,477 Developed technology 34,206 34,961 Brands and trademarks 17,858 19,536 Covenants not to compete 80 58 Total intangible assets with definite lives, net 843,934 885,261 Intangible assets with indefinite lives: Brands and trademarks 37,000 37,000 Publishing rights 89,102 93,041 Total intangible assets with indefinite lives 126,102 130,041 Total intangible assets, net $ 970,036 $ 1,015,302 (1) The developed technology balance as of April 30, 2021 is presented net of accumulated impairments and write-offs of $2.8 million. The indefinite-lived brands and trademarks as of April 30, 2021 is net of accumulated impairments of $93.1 million. (2) Refer to Note 3, “Acquisitions,” for more information related to the acquisition that occurred in the six months ended October 31, 2021.

Income Taxes

Income Taxes	6 Months Ended
	Oct. 31, 2021
Income Taxes [Abstract]
Income Taxes	Note 13 Income Taxes The effective tax rate for the three and six months ended October 31, 2021 was 20.7% and 39.1%, respectively, compared with 0.1% and 13.7% for the three and six months ended October 31, 2020, respectively. The rate for the three months ended October 31, 2021 was slightly lower than the US statutory rate due to the mix of income at lower rates. was greater than the US statutory rate due to increases in the UK statutory rate, resulting in a noncash deferred tax expense from the re-measurement of our applicable UK net deferred tax liabilities. The rate for the six months ended October 31, 2021 was greater than the rate for the six months ended October 31, 2020 due to a larger increase in the UK statutory rate than the prior period. In addition, during the three and six months ended October 31, 2020 , During the months ended , the UK enacted legislation that increased its statutory rate from to effective , resulting in a $ non-cash deferred tax expense. During the months ended , the UK officially enacted legislation that increased its statutory rate from to , resulting in a $ non-cash deferred tax expense.

Retirement Plans

Retirement Plans	6 Months Ended
	Oct. 31, 2021
Retirement Plans [Abstract]
Retirement Plans	Note 14 Retirement Plans The components of net pension income for the defined benefit plans were as follows: Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Service cost $ 300 $ 347 $ 607 $ 680 Interest cost 5,178 4,610 10,401 9,131 Expected return on plan assets (10,142 ) (9,649 ) (20,401 ) (19,027 ) Amortization of prior service cost (22 ) (24 ) (44 ) (49 ) Amortization of net actuarial loss 1,877 2,033 3,774 4,020 Net pension income $ (2,809 ) $ (2,683 ) $ (5,663 ) $ (5,245 ) The service cost component of net pension income is reflected in Operating and administrative expenses on our Unaudited Condensed Consolidated Statements of Net Income. The other components of net pension income are reported separately from the service cost component and below Operating income. Such amounts are reflected in Other income, net on our Unaudited Condensed Consolidated Statements of Net Income. Employer defined benefit pension plan contributions were $4.0 million and $ and million and $ million for the three and , respectively. Defined Contribution Savings Plans The expense for employer defined contribution savings plans was $6.5 million and $ , and million and $ million for the three and , respectively

Debt and Available Credit Facil

Debt and Available Credit Facilities	6 Months Ended
	Oct. 31, 2021
Debt and Available Credit Facilities [Abstract]
Debt and Available Credit Facilities	Note 15 Debt and Available Credit Facilities Our total debt outstanding consisted of the amounts set forth in the following table: October 31, 2021 April 30, 2021 Short-term portion of long-term debt (1) $ 12,500 $ 12,500 Term loan A - Amended and Restated RCA (2) 217,187 222,928 Revolving credit facility - Amended and Restated RCA 815,318 586,160 Total long-term debt, less current portion 1,032,505 809,088 Total debt $ 1,045,005 $ 821,588 (1) Relates to our term loan A under the Amended and Restated RCA. (2) Amounts are shown net of unamortized issuance costs of $0.4 million as of October 31, 2021 and $0.5 million as of April 30, 2021. Amended and Restated RCA On May 30, 2019, we entered into a credit agreement that amended and restated our existing revolving credit agreement (Amended and Restated RCA). The Amended and Restated RCA provides for senior unsecured credit facilities comprised of a (i) five-year revolving credit facility in an aggregate principal amount up to $1.25 billion, and (ii) a five-year term loan A facility consisting of $250 million. Under the terms of the Amended and Restated RCA, which can be drawn in multiple currencies, we have the option of borrowing at the following floating interest rates: (i) at a rate based on the London Interbank Offered Rate (LIBOR) plus an applicable margin ranging from 0.98% to 1.50%, depending on our consolidated net leverage ratio, as defined, or (ii) at the lender’s base rate plus an applicable margin ranging from zero to 0.50%, depending on our consolidated net leverage ratio. The lender’s base rate is defined as the highest of (i) the US federal funds effective rate plus a 0.50% margin, (ii) the Eurocurrency rate, as defined, plus a 1.00% margin, or (iii) the Bank of America prime lending rate. In addition, we pay a facility fee for the revolving credit facility ranging from 0.15% to 0.25% depending on our consolidated net leverage ratio. We also have the option to request an increase in the revolving credit facility by an amount not to exceed $500 million, in minimum increments of $50 million, subject to the approval of the lenders. The Amended and Restated RCA The amortization expense of the costs incurred related to the Amended and Restated RCA related to the lender and non-lender fees is recognized over the term of the Amended and Restated RCA. Total amortization expense was $ million and $ million for the three and six months ended , respectively and is included in Interest expense . Total amortization expense was $ million and $ million for the three and six months ended October 31, , respectively and is included in Interest expense . As of October 31, 2021, we had approximately $435.3 million of unused borrowing capacity under our Amended and Restated RCA and other facilities.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Oct. 31, 2021
Derivative Instruments and Hedging Activities [Abstract]
Derivative Instruments and Hedging Activities	Note 16 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 sales and purchases. All derivatives are recognized as assets or liabilities and measured at fair value. 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 As of October 31, 2021, we had total debt outstanding of $1,045.0 million, net of unamortized issuance costs of $0.4 million of which $1,045.4 million are variable rate loans outstanding under the Amended and Restated RCA, which approximated fair value. We had outstanding interest rate swap agreements with combined notional amounts of $400.0 million as of October 31, 2021 and April 30, 2021. These agreements were accounted for as cash flow hedges which fixed a portion of the variable interest due on our Amended and Restated RCA 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 October 31, 2021 was a deferred loss of $3.2 million and a deferred gain of $0.7 million. Based on the maturity dates of the contracts, $2.1 million of the deferred loss as of October 31, 2021 was recorded within Other accrued liabilities and $1.1 million of the deferred loss was recorded within Other long-term liabilities. The deferred gain was recorded within Other non-current assets. The fair value of the interest rate swaps as of April 30, 2021 was a deferred loss of $5.6 million. Based on the maturity dates of the contracts, the entire deferred loss as of April 30, 2021 was recorded within Other long-term liabilities. The pretax losses that were reclassified from Accumulated other comprehensive loss into Interest expense for the three and six months ended October 31, 2021 were $1.1 million and $ The pretax losses that were reclassified from Accumulated other loss into Interest expense for the three and months ended were million and $ 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 on our Unaudited Condensed Consolidated Statements of Net Income and carried at fair value on our 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 on our Unaudited Condensed Consolidated Statements of Net Income. As of October 31, 2021, and April 30, 2021, we did not maintain any open forward exchange contracts. In addition, we did not maintain any open forward contracts during the six months ended October 31, 2021 and 2020.

Capital Stock and Changes in Ca

Capital Stock and Changes in Capital Accounts	6 Months Ended
	Oct. 31, 2021
Capital Stock and Changes in Capital Accounts [Abstract]
Capital Stock and Changes in Capital Accounts	Note 17 Capital Stock and Changes in Capital Accounts Share Repurchases The following table summarizes the share repurchases of Class A and Class B Common Stock (shares in thousands): Three Months Ended October 31, 2021 Six Months Ended October 31, 2021 Shares repurchased - Class A 183 312 Shares repurchased - Class B — 1 Average price - Class A and Class B $ 54.54 $ 55.51 There were no share repurchases during the three and six months ended October 31, 2020. Dividends The following table summarizes the cash dividends paid during the six months ended October 31, 2021: 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 22, 2021 $0.3450 per common share $19.3 million Class A and Class B July 21, 2021 July 6, 2021 September 29, 2021 $0.3450 per common share $19.2 million Class A and Class B October 27, 2021 October 12, 2021 Changes in Common Stock The following is a summary of changes during the six months ended October 31, in shares of our common stock and common stock in treasury (shares in thousands): Changes in Common Stock A: 2021 2020 Number of shares, beginning of year 70,208 70,166 Common stock class conversions 3 13 Number of shares issued, end of period 70,211 70,179 Changes in Common Stock A in treasury: Number of shares held, beginning of year 23,419 23,405 Purchase of treasury shares 312 — Restricted shares issued under stock-based compensation plans – non-PSU Awards (129 ) (96 ) Restricted shares issued under stock-based compensation plans – PSU Awards (108 ) (88 ) Shares issued under the Director Plan to Directors (2 ) (4 ) Restricted shares issued from exercise of stock options (24 ) (33 ) Shares withheld for taxes 93 69 Number of shares held, end of period 23,561 23,253 Number of Common Stock A outstanding, end of period 46,650 46,926 Changes in Common Stock B: 2021 2020 Number of shares, beginning of year 12,974 13,016 Common stock class conversions (3 ) (13 ) Number of shares issued, end of period 12,971 13,003 Changes in Common Stock B in treasury: Number of shares held, beginning of year 3,922 3,920 Purchase of treasury shares 1 — Number of shares held, end of period 3,923 3,920 Number of Common Stock B outstanding, end of period 9,048 9,083

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Oct. 31, 2021
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 18 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 October 31, 2021, will not have a material effect upon our consolidated financial condition or results of operations.

Subsequent Events

Subsequent Events	6 Months Ended
	Oct. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Note 19 – Subsequent Events On November 30, 2021, we completed the acquisition of certain assets of Precision Computer Works, Inc. (PCW) for approximately $15.0 million, and another smaller acquisition for approximately $8.0 million. PCW is a technology platform company with an established journal submission and peer review management system. The results for both acquisitions will be included in our Research Publishing & Platforms segment.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Oct. 31, 2021
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 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 Unaudited 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 Annual Report on Form 10-K for the fiscal year ended April 30, 2021 as filed with the SEC on July 6, 2021 (2021 Form 10-K). Our Unaudited 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 US GAAP have been condensed or omitted. The preparation of our Unaudited Condensed Consolidated Financial Statements in conformity with US 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. In the fourth quarter of fiscal year 2021, a UK entity acquired in connection with the acquisition of mthree, which was acquired on January 1, 2020 , The Company evaluated the criteria in Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 810

Recent Accounting Standards (Po

Recent Accounting Standards (Policies)	6 Months Ended
	Oct. 31, 2021
Recent Accounting Standards [Abstract]
Recently Adopted and Issued Accounting Standards	Recently Adopted Accounting Standards Simplifying the Accounting for Income Taxes In December 2019, the FASB issued Accounting Standards Update (ASU) 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes.” This ASU is intended to simplify various aspects related to accounting for income taxes, eliminates certain exceptions within Topic 740, “Income Taxes” and clarifies certain aspects of the current guidance to promote consistent application. We adopted ASU 2019-12 on May 1, 2021. The adoption did not have a material impact on our consolidated financial statements at the time of adoption. The impact in the future would depend on any changes in tax laws and the applicable enactment dates. In accordance with ASU 2019-12, the enactment date is when any effects are recognized in the consolidated financial statements. Recently Issued Accounting Standards Accounting for Contract Assets and Contract Liabilities from Contracts with Customers In October 2021, the FASB issued ASU 2021-08, “Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers”. This ASU requires that an acquirer recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASC 606 “Revenue from Contracts with Customers” (Topic 606) as if it had originated the contracts. Generally, this would result in an acquirer recognizing and measuring the acquired contract assets and contract liabilities consistent with how they were recognized and measured in the acquiree’s financial statements if the acquiree prepared financial statements in accordance with US GAAP. This standard is effective for us on May 1, 2023, including interim periods within the fiscal year. Early adoption is permitted. The standard is applied prospectively to business combinations occurring on or after the effective date of the amendments. The impact will be based on future business combinations after we adopt the standard. Convertible Debt Instruments, Derivatives and EPS In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40)”. This ASU reduces the number of accounting models for convertible debt instruments and convertible preferred stock. As well as amend the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. In addition, this ASU improves and amends the related earnings-per-share (EPS) guidance. This standard is effective for us on May 1, 2022, including interim periods within the fiscal year. Adoption is either a modified retrospective method or a fully retrospective method of transition. We are currently assessing the impact the new guidance will have on our consolidated financial statements. Reference Rate Reform In March 2020 , the FASB issued ASU 2020-04 , “Reference Rate Reform (Topic 848 ), Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” This ASU provides optional guidance for a limited period of time to ease the burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. This would apply to companies meeting certain criteria that have contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. This standard is effective for us immediately and may be applied prospectively to contract modifications made and hedging relationships entered into or evaluated on or before December 31, 2022 . We are currently assessing the impact the new guidance will have on our consolidated financial statements

Revenue Recognition, Contract_2

Revenue Recognition, Contracts with Customers (Policies)	6 Months Ended
	Oct. 31, 2021
Revenue Recognition, Contracts with Customers [Abstract]
Revenue from Contract with Customer	Research Publishing & Platforms Research Publishing & Platforms customers include academic, corporate, government, and public libraries, funders of research, researchers, scientists, clinicians, engineers and technologists, scholarly and professional societies, and students and professors. Research Publishing & Platforms products are sold and distributed globally through multiple channels, including research libraries and library consortia, independent subscription agents, direct sales to professional society members, and other customers. Publishing centers include Australia, China, Germany, India, the United Kingdom (UK), and the United States (US). The majority of revenue generated from Research Publishing & Platforms products is recognized over time. Total Research Publishing & Platforms revenue was $275.2 million and $549.9 million in the three and six months ended October 31, 2021, respectively. We disaggregated revenue by Research Publishing & Research Platforms to reflect the different type of products and services provided. Research Publishing Products Research Publishing products provide scientific, technical, medical, and scholarly journals, as well as related content and services, to academic, corporate, and government libraries, learned societies, and individual researchers and other professionals. Research Publishing revenue was $262.9 million and $526.2 million in the three and six months ended October 31, 2021, respectively and the majority is recognized over time. Research Publishing products generate approximately 78% and 79% in the three and six months ended October 31, 2021, respectively of its revenue from contracts with its customers from Journal Subscriptions (pay to read), Open Access (pay to publish) and Transitional Agreements (read and publish), sometimes referred to as Comprehensive Agreements, and the remainder from Licensing, Reprints, Backfiles, and Other. Research Platforms Services Research Platforms is principally comprised of Atypon, 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 platform. The revenue related to the J&J acquisition is included in Research Platforms. Research Platforms revenue was $12.3 million and $23.7 million in the three and six months ended October 31, 2021, respectively and the majority is recognized over time. Academic & Professional Learning Academic & Professional Learning provides Education Publishing and Professional Learning products and services including scientific, professional, and education print and digital books, digital courseware, and test preparation services, to libraries, corporations, students, professionals, and researchers, as well as learning, development, and assessment services for businesses and professionals. Communities served include business, finance, accounting, workplace learning, management, leadership, technology, behavioral health, engineering/ architecture, science and medicine, and education. Products are developed for worldwide distribution through multiple channels, including chain and online booksellers, libraries, colleges and universities, corporations, direct to consumer, web sites, distributor networks and other online applications. Publishing centers include Australia, Germany, India, the UK, and the US. Total Academic & Professional Learning revenue was $ million and $ million in the three and six months ended , respectively. We disaggregated revenue by type of products provided. Academic & Professional Learning products are Education Publishing and Professional Learning. Academic & Professional Learning revenues are mainly recognized at a point in time . Education Publishing Products Education Publishing products revenue was $98.6 million and $165.0 million in the three and six months ended October 31, 2021, respectively. Education Publishing products generate approximately 63% and 68% in the three and six months ended October 31, 2021, respectively of its revenue from contracts with its customers from Education (print and digital) Publishing, which is recognized at a point in time, and 24% and 17% in the three and six months ended October 31, 2021, respectively from Digital Courseware which is recognized over time. The remainder of its revenues were from Test Preparation and Certification and Licensing and Other, which has a mix of revenue recognized at a point in time and over time. Professional Learning Products Professional Learning products revenue was $ million and $ million in the three and six months ended , respectively. Professional Learning (print and digital) products generate approximately in both the three and six months ended October 31, 2021 of revenue from contracts with its customers from Professional Publishing, and Licensing and Other, and both are mainly recognized at a point in time. Approximately of Professional Learning products revenue in both the three and six months ended October 31, 2021 is from contracts with its customers from Corporate Training and Corporate Learning, which is recognized mainly over time. Education Services Education Services revenue was $81.3 million and $155.7 million in the three and six months ended type of services provided, which are University Services (previously referred to as Education Services OPM) and Talent Development Services (previously referred to as mthree). University Services University Services revenue was $58.1 million and $112.5 million in the three and six months ended October 31, 2021, respectively and is mainly recognized over time. University Services engages in the comprehensive management of online degree programs for universities and has grown to include a broad array of tech enabled service offerings that address our partner specific pain points. Increasingly, this includes delivering career credentialing education that advances specific careers with in-demand skills. Talent Development Services Talent Development Services revenue was $ million and $ million in the three and six months ended , respectively, and is recognized at the point in time the services are provided to its customers. Talent Development Services Accounts Receivable, net and Contract Liability 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.

Revenue Recognition, Contract_3

Revenue Recognition, Contracts with Customers (Tables)	6 Months Ended
	Oct. 31, 2021
Revenue Recognition, Contracts with Customers [Abstract]
Revenue from Contracts With Customers Disaggregated by Segment and Product Type	The following table presents our revenue from contracts with customers disaggregated by segment and product type. Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Research Publishing & Platforms: Research Publishing $ 262,873 $ 240,691 $ 526,231 $ 471,155 Research Platforms 12,281 10,643 23,679 20,989 Total Research Publishing & Platforms 275,154 251,334 549,910 492,144 Academic & Professional Learning: Education Publishing (1) 98,581 102,428 164,961 166,031 Professional Learning 77,948 67,485 150,832 130,314 Total Academic & Professional Learning 176,529 169,913 315,793 296,345 Education Services: University Services (2) 58,081 56,261 112,475 106,523 Talent Development Services (1)(3) 23,239 13,503 43,213 27,325 Total Education Services 81,320 69,764 155,688 133,848 Total Revenue $ 533,003 $ 491,011 $ 1,021,391 $ 922,337 (1) In May 2021, we moved the WileyNXT product offering from Academic & Professional Learning – Education Publishing to Education Services – Talent Development Services. As a result, the prior period results related to the WileyNXT product offering have been included in Education Services – Talent Development Services. The revenue was $0.7 million and $1.2 million for the three and six months ended October 31, 2020, respectively. There were no changes to our total consolidated financial results. (2) University Services was previously referred to as Education Services OPM. (3) Talent Development Services was previously referred to as mthree.
Accounts Receivable, Net and Contract Liabilities from Contracts with Customers	The following table provides information about accounts receivable, net and contract liabilities from contracts with customers. October 31, 2021 April 30, 2021 Increase/ (Decrease) Balances from contracts with customers: Accounts receivable, net $ 291,891 $ 311,571 $ (19,680 ) Contract liabilities (1) 267,890 545,425 (277,535 ) Contract liabilities (included in Other long-term liabilities) $ 20,619 $ 19,560 $ 1,059 (1) The sales return reserve recorded in Contract liabilities is $42.3 million and $38.0 million, as of October 31, 2021 and April 30, 2021, respectively.

Operating Leases (Tables)

Operating Leases (Tables)	6 Months Ended
	Oct. 31, 2021
Operating Leases [Abstract]
ROU Assets and Liabilities	For operating leases, the ROU assets and liabilities are presented on our Condensed Consolidated Statement of Financial Position as follows: October 31, 2021 April 30, 2021 Operating lease ROU assets $ 121,708 $ 121,430 Short-term portion of operating lease liabilities 22,353 22,440 Operating lease liabilities, non-current $ 143,638 $ 145,832
Total Net Lease Costs	Our total net lease costs are as follows: Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Operating lease cost $ 6,325 $ 6,611 $ 12,242 $ 13,246 Variable lease cost 397 730 741 1,251 Short-term lease cost 36 92 56 180 Sublease income (190 ) (175 ) (391 ) (345 ) Total net lease cost (1) $ 6,568 $ 7,258 $ 12,648 $ 14,332 (1) Total net lease cost does not include those costs and sublease income included in Restructuring and related (credits) charges on our Unaudited Condensed Consolidated Statements of Net Income. This includes those operating leases we had identified in the year ended April 30, 2021 a See Note 9 , “Restructuring and Related (Credits) Charges” for more information on this program.
Other Supplemental Information for Operating Leases	Other supplemental information includes the following: Six Months Ended October 31, 2021 2020 Weighted-average remaining contractual lease term (years) 9 9 Weighted-average discount rate 5.79 % 5.91 % Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 14,846 $ 16,866
Reconciliation of Undiscounted Cash Flows to Operating Lease Liabilities	The table below reconciles the undiscounted cash flows for the first five years and total of the remaining years to the operating lease liabilities recorded in our Unaudited Condensed Consolidated Statement of Financial Position as of October 31, 2021: Fiscal Year Operating Lease Liabilities 2022 (remaining 6 months) $ 15,618 2023 28,159 2024 26,768 2025 25,364 2026 22,694 Thereafter 95,573 Total future undiscounted minimum lease payments 214,176 Less: Imputed interest 48,185 Present value of minimum lease payments 165,991 Less: Current portion 22,353 Noncurrent portion $ 143,638

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Oct. 31, 2021
Stock-Based Compensation [Abstract]
Awards Granted to Employees	The following table summarizes awards we granted to employees (shares in thousands): Six Months Ended October 31, 2021 2020 Restricted Stock Awards granted (shares) 455 390 Weighted average fair value of grant $ 57.16 $ 38.38
Significant Assumptions Used in Fair Value Determination	The following table provides the estimated weighted average fair value for options granted during the six months ended October 31, 2021 Six Months Ended October 31, 2021 Weighted average fair value of options on grant date $ 11.71 Weighted average assumptions Expected life of options (years) 6.3 Risk-free interest rate 1.1 % Expected volatility 30.7 % Expected dividend yield 2.4 % Fair value of common stock on grant date $ 56.79 Exercise price of stock option grant $ 62.36

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Oct. 31, 2021
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 six months ended October 31, 2021 and 2020 were as follows: Foreign Currency Translation Unamortized Retirement Costs Interest Rate Swaps Total Balance at July 31, 2021 $ (263,878 ) $ (226,557 ) $ (4,165 ) $ (494,600 ) Other comprehensive (loss) income before reclassifications (9,483 ) 2,639 978 (5,866 ) Amounts reclassified from accumulated other comprehensive loss — 1,426 831 2,257 Total other comprehensive (loss) income (9,483 ) 4,065 1,809 (3,609 ) Balance at October 31, 2021 $ (273,361 ) $ (222,492 ) $ (2,356 ) $ (498,209 ) Balance at April 30, 2021 $ (257,941 ) $ (228,146 ) $ (4,703 ) $ (490,790 ) Other comprehensive (loss) income before reclassifications (15,420 ) 2,781 685 (11,954 ) Amounts reclassified from accumulated other comprehensive loss — 2,873 1,662 4,535 Total other comprehensive (loss) income (15,420 ) 5,654 2,347 (7,419 ) Balance at October 31, 2021 $ (273,361 ) $ (222,492 ) $ (2,356 ) $ (498,209 ) Foreign Currency Translation Unamortized Retirement Costs Interest Rate Swaps Total Balance at July 31, 2020 $ (293,850 ) $ (233,585 ) $ (6,683 ) $ (534,118 ) Other comprehensive (loss) income before reclassifications (11,626 ) 1,900 (252 ) (9,978 ) Amounts reclassified from accumulated other comprehensive loss — 1,503 951 2,454 Total other comprehensive (loss) income (11,626 ) 3,403 699 (7,524 ) Balance at October 31, 2020 $ (305,476 ) $ (230,182 ) $ (5,984 ) $ (541,642 ) Balance at April 30, 2020 $ (340,703 ) $ (227,920 ) $ (6,874 ) $ (575,497 ) Other comprehensive income (loss) before reclassifications 35,227 (5,290 ) (921 ) 29,016 Amounts reclassified from accumulated other comprehensive loss — 3,028 1,811 4,839 Total other comprehensive income (loss) 35,227 (2,262 ) 890 33,855 Balance at October 31, 2020 $ (305,476 ) $ (230,182 ) $ (5,984 ) $ (541,642 )

Reconciliation of Weighted Av_2

Reconciliation of Weighted Average Shares Outstanding (Tables)	6 Months Ended
	Oct. 31, 2021
Reconciliation of Weighted Average Shares Outstanding [Abstract]
Reconciliation of Shares used in Computation of Earnings (Loss) Per Share	A reconciliation of the shares used in the computation of earnings per share follows (shares in thousands): Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Weighted average shares outstanding 55,806 56,005 55,833 55,961 Less: Unvested restricted shares — — — (2 ) Shares used for basic earnings per share 55,806 56,005 55,833 55,959 Dilutive effect of unvested restricted stock units and other stock awards 582 160 644 223 Shares used for diluted earnings per share 56,388 56,165 56,477 56,182 Antidilutive options to purchase Class A common shares, restricted shares, warrants to purchase Class A common shares, and contingently issuable restricted stock which are excluded from the table above 1,074 1,223 1,006 1,318

Restructuring and Related (Cr_2

Restructuring and Related (Credits) Charges (Tables) - Business Optimization Program [Member]	6 Months Ended
	Oct. 31, 2021
Restructuring Cost and Reserve [Line Items]
Pretax Restructuring (Credits) Charges	The following tables summarize the pretax restructuring (credits) charges related to this program: Three Months Ended October 31, Six Months Ended October 31, Total Charges 2021 2020 2021 2020 Incurred to Date (Credits) Charges by Segment: Research Publishing & Platforms $ 22 $ (103 ) $ 238 $ (300 ) $ 3,883 Academic & Professional Learning (465 ) 1,541 (294 ) 1,314 13,410 Education Services 6 84 (28 ) 223 4,277 Corporate Expenses (896 ) 584 (1,525 ) 3,054 43,083 Total Restructuring and Related (Credits) Charges $ (1,333 ) $ 2,106 $ (1,609 ) $ 4,291 $ 64,653 (Credits) Charges by Activity: Severance and termination benefits $ (1,956 ) $ 1,683 $ (2,570 ) $ 2,793 $ 35,825 Impairment of operating lease ROU assets and property and equipment — — — — 15,079 Acceleration of expense related to operating lease ROU assets and property and equipment — — — — 3,378 Facility related charges, net 623 423 961 1,498 8,631 Other activities — — — — 1,740 Total Restructuring and Related (Credits) Charges $ (1,333 ) $ 2,106 $ (1,609 ) $ 4,291 $ 64,653
Activity for Restructuring Liability	The following table summarizes the activity for the Business Optimization Program liability for the six months ended October 31, 2021: April 30, 2021 (Credits) Payments Foreign Translation & Other Adjustments October 31, 2021 Severance and termination benefits $ 11,465 $ (2,570 ) $ (4,366 ) $ (133 ) $ 4,396 Total $ 11,465 $ (2,570 ) $ (4,366 ) $ (133 ) $ 4,396

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Oct. 31, 2021
Segment Information [Abstract]
Segment Information	Segment information is as follows: Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Revenue Research Publishing & Platforms $ 275,154 $ 251,334 $ 549,910 $ 492,144 Academic & Professional Learning (1) 176,529 169,913 315,793 296,345 Education Services (1) 81,320 69,764 155,688 133,848 Total revenue $ 533,003 $ 491,011 $ 1,021,391 $ 922,337 Adjusted Contribution to Profit: Research Publishing & Platforms $ 77,053 $ 73,850 $ 156,077 $ 143,471 Academic & Professional Learning (1) 40,606 31,548 48,929 31,303 Education Services (1) 727 7,380 (1,134 ) 7,975 Total adjusted contribution to profit 118,386 112,778 203,872 182,749 Adjusted corporate contribution to profit (45,831 ) (40,953 ) (90,625 ) (78,667 ) Total adjusted contribution to profit $ 72,555 $ 71,825 $ 113,247 $ 104,082 Depreciation and Amortization: Research Publishing & Platforms $ 23,464 $ 19,765 $ 47,226 $ 39,466 Academic & Professional Learning (1) 18,148 17,720 36,512 36,524 Education Services (1) 8,813 7,210 17,116 14,489 Total depreciation and amortization 50,425 44,695 100,854 90,479 Corporate depreciation and amortization 4,130 3,735 8,267 7,458 Total depreciation and amortization $ 54,555 $ 48,430 $ 109,121 $ 97,937 (1) In May 2021, we moved the WileyNXT product offering from Academic & Professional Learning to Education Services. As a result, the prior period results related to the WileyNXT product offering have been included in Education Services. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $0.7 million, $(0.1) million, and none, respectively, for the three months ended October 31, 2020. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $1.2 million, $(0.2) million, and none, respectively, for the six months ended October 31, 2020. There were no changes to our total consolidated financial results.
Reconciliation of Consolidated US GAAP Operating Income to Non-GAAP Adjusted Contribution to Profit	The following table shows a reconciliation of our consolidated US GAAP Operating Income to Non-GAAP Adjusted Contribution to Profit: Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 US GAAP Operating Income $ 73,888 $ 69,905 $ 114,856 $ 99,944 Adjustments: Restructuring and related (credits) charges (1) (1,333 ) 1,920 (1,609 ) 4,138 Non-GAAP Adjusted Contribution to Profit $ 72,555 $ 71,825 $ 113,247 $ 104,082 (1) See Note 9, “Restructuring and Related (Credits) Charges” for these charges by segment.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Oct. 31, 2021
Inventories [Abstract]
Inventories	Inventories, net consisted of the following: October 31, 2021 April 30, 2021 Finished goods $ 29,288 $ 31,704 Work-in-process 1,576 2,060 Paper and other materials 313 331 Total inventories before estimated sales returns and LIFO reserve $ 31,177 $ 34,095 Inventory value of estimated sales returns 10,991 10,886 LIFO reserve (2,443 ) (2,443 ) Inventories, net $ 39,725 $ 42,538

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Oct. 31, 2021
Goodwill and Intangible Assets [Abstract]
Activity in Goodwill by Segment	The following table summarizes the activity in goodwill by segment as of October 31, 2021: April 30, 2021 (1) Acquisition (2) Foreign Translation Adjustment October 31, 2021 Research Publishing & Platforms $ 619,203 $ 7,893 $ (5,104 ) $ 621,992 Academic & Professional Learning 512,512 — (4,683 ) 507,829 Education Services 172,625 — (212 ) 172,413 Total $ 1,304,340 $ 7,893 $ (9,999 ) $ 1,302,234 (1) The Education Services goodwill balance as of April 30, 2021 includes a cumulative pretax noncash goodwill impairment of $110.0 million. (2) Refer to Note 3, “Acquisitions,” for more information related to the acquisition that occurred in the six months ended October 31, 2021.
Intangible Assets, Net	Intangible assets, net were as follows: October 31, 2021 April 30, 2021 (1) Intangible assets with definite lives, net (2): Content and publishing rights $ 537,493 $ 564,229 Customer relationships 254,297 266,477 Developed technology 34,206 34,961 Brands and trademarks 17,858 19,536 Covenants not to compete 80 58 Total intangible assets with definite lives, net 843,934 885,261 Intangible assets with indefinite lives: Brands and trademarks 37,000 37,000 Publishing rights 89,102 93,041 Total intangible assets with indefinite lives 126,102 130,041 Total intangible assets, net $ 970,036 $ 1,015,302 (1) The developed technology balance as of April 30, 2021 is presented net of accumulated impairments and write-offs of $2.8 million. The indefinite-lived brands and trademarks as of April 30, 2021 is net of accumulated impairments of $93.1 million. (2) Refer to Note 3, “Acquisitions,” for more information related to the acquisition that occurred in the six months ended October 31, 2021.

Retirement Plans (Tables)

Retirement Plans (Tables)	6 Months Ended
	Oct. 31, 2021
Retirement Plans [Abstract]
Components of Net Pension Income for Defined Benefit Plans	The components of net pension income for the defined benefit plans were as follows: Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020 Service cost $ 300 $ 347 $ 607 $ 680 Interest cost 5,178 4,610 10,401 9,131 Expected return on plan assets (10,142 ) (9,649 ) (20,401 ) (19,027 ) Amortization of prior service cost (22 ) (24 ) (44 ) (49 ) Amortization of net actuarial loss 1,877 2,033 3,774 4,020 Net pension income $ (2,809 ) $ (2,683 ) $ (5,663 ) $ (5,245 )

Debt and Available Credit Fac_2

Debt and Available Credit Facilities (Tables)	6 Months Ended
	Oct. 31, 2021
Debt and Available Credit Facilities [Abstract]
Total Debt Outstanding	Our total debt outstanding consisted of the amounts set forth in the following table: October 31, 2021 April 30, 2021 Short-term portion of long-term debt (1) $ 12,500 $ 12,500 Term loan A - Amended and Restated RCA (2) 217,187 222,928 Revolving credit facility - Amended and Restated RCA 815,318 586,160 Total long-term debt, less current portion 1,032,505 809,088 Total debt $ 1,045,005 $ 821,588 (1) Relates to our term loan A under the Amended and Restated RCA. (2) Amounts are shown net of unamortized issuance costs of $0.4 million as of October 31, 2021 and $0.5 million as of April 30, 2021.

Capital Stock and Changes in _2

Capital Stock and Changes in Capital Accounts (Tables)	6 Months Ended
	Oct. 31, 2021
Capital Stock and Changes in Capital Accounts [Abstract]
Summary of Shares Repurchased	The following table summarizes the share repurchases of Class A and Class B Common Stock (shares in thousands): Three Months Ended October 31, 2021 Six Months Ended October 31, 2021 Shares repurchased - Class A 183 312 Shares repurchased - Class B — 1 Average price - Class A and Class B $ 54.54 $ 55.51
Cash Dividends Paid	The following table summarizes the cash dividends paid during the six months ended October 31, 2021: 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 22, 2021 $0.3450 per common share $19.3 million Class A and Class B July 21, 2021 July 6, 2021 September 29, 2021 $0.3450 per common share $19.2 million Class A and Class B October 27, 2021 October 12, 2021
Summary of Changes of Common Stock and Common Stock in Treasury	The following is a summary of changes during the six months ended October 31, in shares of our common stock and common stock in treasury (shares in thousands): Changes in Common Stock A: 2021 2020 Number of shares, beginning of year 70,208 70,166 Common stock class conversions 3 13 Number of shares issued, end of period 70,211 70,179 Changes in Common Stock A in treasury: Number of shares held, beginning of year 23,419 23,405 Purchase of treasury shares 312 — Restricted shares issued under stock-based compensation plans – non-PSU Awards (129 ) (96 ) Restricted shares issued under stock-based compensation plans – PSU Awards (108 ) (88 ) Shares issued under the Director Plan to Directors (2 ) (4 ) Restricted shares issued from exercise of stock options (24 ) (33 ) Shares withheld for taxes 93 69 Number of shares held, end of period 23,561 23,253 Number of Common Stock A outstanding, end of period 46,650 46,926 Changes in Common Stock B: 2021 2020 Number of shares, beginning of year 12,974 13,016 Common stock class conversions (3 ) (13 ) Number of shares issued, end of period 12,971 13,003 Changes in Common Stock B in treasury: Number of shares held, beginning of year 3,922 3,920 Purchase of treasury shares 1 — Number of shares held, end of period 3,923 3,920 Number of Common Stock B outstanding, end of period 9,048 9,083

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Millions	Oct. 31, 2021	Apr. 30, 2021
Basis of Presentation [Abstract]
Intercompany receivables	$ 125.2	$ 188.8

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020	Apr. 30, 2021	[1]
Acquisitions [Abstract]
Fair value of cash consideration transferred, including those amounts paid after acquisition, net of cash acquired				$ 13,615	$ 229
Revenue		$ 533,003	$ 491,011	1,021,391	922,337
Operating income (loss)		73,888	$ 69,905	114,856	$ 99,944
Goodwill		1,302,234		1,302,234		$ 1,304,340
Research Publishing & Platforms [Member]
Acquisitions [Abstract]
Goodwill		621,992		621,992		$ 619,203
J&J [Member]
Acquisitions [Abstract]
Fair value of consideration transferred				12,000
Total cash consideration transferred				10,500
Cash to be paid after acquisition date				1,500
Goodwill		7,900		7,900
Intangible assets, net		3,100		$ 3,100
J&J [Member] | Customer Relationships [Member]
Acquisitions [Abstract]
Intangible Assets, weighted average useful life				10 years
J&J [Member] | Research Publishing & Platforms [Member]
Acquisitions [Abstract]
Revenue		700		$ 700
Operating income (loss)		(100)		(100)
Hindawi [Member]
Acquisitions [Abstract]
Percentage of ownership interest acquired	100.00%
Fair value of consideration transferred	$ 300,100
Total cash consideration transferred	299,300
Settlement of preexisting relationship	800
Cash acquired	1,000
Fair value of cash consideration transferred, including those amounts paid after acquisition, net of cash acquired	298,300
Intangible assets, net	194,900
Hindawi [Member] | Research Publishing & Platforms [Member]
Acquisitions [Abstract]
Revenue		13,100		24,600
Operating income (loss)		$ 3,200		$ 5,100
Goodwill	$ 147,400
[1]	The Education Services goodwill balance as of April 30, 2021 includes a cumulative pretax noncash goodwill impairment of $110.0 million.

Revenue Recognition, Contract_4

Revenue Recognition, Contracts with Customers, Disaggregation of Revenue (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue		$ 533,003	$ 491,011	$ 1,021,391	$ 922,337
Research Publishing & Platforms [Member] | Research Publishing [Member] | Journal Subscriptions, Open Access and Comprehensive Agreements [Member] | Product Concentration Risk [Member] | Revenue from Contract with Customers [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue percentage		78.00%		79.00%
Academic & Professional Learning [Member] | Education Publishing [Member] | Print and Digital [Member] | Transferred at Point in Time [Member] | Product Concentration Risk [Member] | Revenue from Contract with Customers [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue percentage		63.00%		68.00%
Academic & Professional Learning [Member] | Education Publishing [Member] | Digital Courseware [Member] | Transferred over Time [Member] | Product Concentration Risk [Member] | Revenue from Contract with Customers [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue percentage		24.00%		17.00%
Academic & Professional Learning [Member] | Professional Learning [Member] | Professional Publishing, and Licensing and Other, [Member] | Transferred at Point in Time [Member] | Product Concentration Risk [Member] | Revenue from Contract with Customers [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue percentage		61.00%		61.00%
Academic & Professional Learning [Member] | Professional Learning [Member] | Corporate Training and Corporate Learning [Member] | Transferred over Time [Member] | Product Concentration Risk [Member] | Revenue from Contract with Customers [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue percentage		39.00%		39.00%
Education Services [Member] | Talent Development Services [Member] | Wiley NXT [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue			700		1,200
Operating Segments [Member] | Research Publishing & Platforms [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue		$ 275,154	251,334	$ 549,910	492,144
Operating Segments [Member] | Research Publishing & Platforms [Member] | Research Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue		262,873	240,691	526,231	471,155
Operating Segments [Member] | Research Publishing & Platforms [Member] | Research Platforms [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue		12,281	10,643	23,679	20,989
Operating Segments [Member] | Academic & Professional Learning [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	[1]	176,529	169,913	315,793	296,345
Operating Segments [Member] | Academic & Professional Learning [Member] | Education Publishing [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	[2]	98,581	102,428	164,961	166,031
Operating Segments [Member] | Academic & Professional Learning [Member] | Professional Learning [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue		77,948	67,485	150,832	130,314
Operating Segments [Member] | Education Services [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	[1]	81,320	69,764	155,688	133,848
Operating Segments [Member] | Education Services [Member] | University Services [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	[3]	58,081	56,261	112,475	106,523
Operating Segments [Member] | Education Services [Member] | Talent Development Services [Member]
Revenue from contracts with customers disaggregated by segment and product type [Abstract]
Revenue	[2],[4]	$ 23,239	$ 13,503	$ 43,213	$ 27,325
[1]	In May 2021, we moved the WileyNXT product offering from Academic & Professional Learning to Education Services. As a result, the prior period results related to the WileyNXT product offering have been included in Education Services. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $0.7 million, $(0.1) million, and none, respectively, for the three months ended October 31, 2020. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $1.2 million, $(0.2) million, and none, respectively, for the six months ended October 31, 2020. There were no changes to our total consolidated financial results.
[2]	In May 2021, we moved the WileyNXT product offering from Academic & Professional Learning – Education Publishing to Education Services – Talent Development Services. As a result, the prior period results related to the WileyNXT product offering have been included in Education Services – Talent Development Services. The revenue was $0.7 million and $1.2 million for the three and six months ended October 31, 2020, respectively. There were no changes to our total consolidated financial results.
[3]	University Services was previously referred to as Education Services OPM.
[4]	Talent Development Services was previously referred to as mthree.

Revenue Recognition, Contract_5

Revenue Recognition, Contracts with Customers, Accounts Receivable, net and Contract Liability Balances (Details) - USD ($) $ in Thousands		6 Months Ended
		Oct. 31, 2021	Apr. 30, 2021
Balances from contracts with customers [Abstract]
Accounts receivable, net		$ 291,891	$ 311,571
Contract liabilities	[1]	267,890	545,425
Contract liabilities (included in Other long-term liabilities)		20,619	19,560
Increase/(decrease) [Abstract]
Accounts receivable, net		(19,680)
Contract liabilities	[1]	(277,535)
Contract liabilities (included in Other long-term liabilities)		1,059
Sales return reserve recorded in contract liability		$ 42,300	$ 38,000
Revenue recognized from beginning contract liability, percentage		74.00%
[1]	The sales return reserve recorded in Contract liabilities is $42.3 million and $38.0 million, as of October 31, 2021 and April 30, 2021, respectively.

Revenue Recognition, Contract_6

Revenue Recognition, Contracts with Customers, Remaining Performance Obligations included in Contract Liability (Details) - USD ($) $ in Millions	Oct. 31, 2021	Apr. 30, 2021
Remaining Performance Obligations [Abstract]
Remaining performance obligations	$ 288.5
Sales return reserve recorded in contract liability	42.3	$ 38
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-11-01
Remaining Performance Obligations [Abstract]
Remaining performance obligations excluding sales return reserve	$ 225.6
Expected timing of satisfaction, period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-11-01
Remaining Performance Obligations [Abstract]
Remaining performance obligations	$ 20.6
Expected timing of satisfaction, period

Revenue Recognition, Contract_7

Revenue Recognition, Contracts with Customers, Assets Recognized for the Costs to Fulfill a Contract (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020	Apr. 30, 2021
Assets Recognized for the Costs to Obtain or Fulfill a Contract [Abstract]
Costs capitalized	$ 11,500		$ 11,500		$ 12,100
Amortization	1,300	$ 1,400	2,800	$ 2,600
Cost of revenue [Abstract]
Operating and administrative expenses	264,190	247,167	524,779	484,536
Shipping and Handling [Member]
Cost of revenue [Abstract]
Operating and administrative expenses	$ 7,200	$ 6,500	$ 14,000	$ 13,200

Operating Leases (Details)

Operating Leases (Details) - USD ($) $ in Thousands	6 Months Ended
	Oct. 31, 2021	Apr. 30, 2021
ROU Assets and Lease Liabilities [Abstract]
Operating lease ROU assets	$ 121,708	$ 121,430
Short-term portion of operating lease liabilities	22,353	22,440
Operating lease liabilities, non-current	143,638	$ 145,832
Increase (decrease) in ROU assets due to new leases as well as modifications and remeasurements to existing operating leases	9,200
Increase (decrease) in operating lease liabilities due to new leases as well as modifications and remeasurements to existing operating leases	$ 9,100

Operating Leases, Total Net Lea

Operating Leases, Total Net Lease Costs (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Net Lease Costs [Abstract]
Operating lease cost		$ 6,325	$ 6,611	$ 12,242	$ 13,246
Variable lease cost		397	730	741	1,251
Short-term lease cost		36	92	56	180
Sublease income		(190)	(175)	(391)	(345)
Total net lease cost	[1]	$ 6,568	$ 7,258	$ 12,648	$ 14,332
[1]	Total net lease cost does not include those costs and sublease income included in Restructuring and related (credits) charges on our Unaudited Condensed Consolidated Statements of Net Income. This includes those operating leases we had identified in the year ended April 30, 2021 as part of our Business Optimization program that would be subleased. See Note 9, “Restructuring and Related (Credits) Charges” for more information on this program.

Operating Leases, Other Supplem

Operating Leases, Other Supplemental Information for Operating Leases (Details) - USD ($) $ in Thousands	6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Other Supplemental Information for Operating Leases [Abstract]
Weighted-average remaining contractual lease term (years)	9 years	9 years
Weighted-average discount rate	5.79%	5.91%
Cash paid for amounts included in the measurement of lease liabilities [Abstract]
Operating cash flows from operating leases	$ 14,846	$ 16,866

Operating Leases, Reconciliatio

Operating Leases, Reconciliation of Undiscounted Cash Flows to Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Oct. 31, 2021	Apr. 30, 2021
Reconciliation of Undiscounted Cash Flows to Operating Lease Liabilities [Abstract]
2022 (remaining 6 months)	$ 15,618
2023	28,159
2024	26,768
2025	25,364
2026	22,694
Thereafter	95,573
Total future undiscounted minimum lease payments	214,176
Less: Imputed interest	48,185
Present value of minimum lease payments	165,991
Less: Current portion	22,353	$ 22,440
Noncurrent portion	$ 143,638	$ 145,832

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Stock-based Compensation [Abstract]
Share-based compensation expense	$ 6,700	$ 4,800	$ 13,059	$ 9,066
Performance-based Stock Awards [Member]
Stock-based Compensation [Abstract]
Period for achievement of performance-based targets			3 years

Stock-Based Compensation, Perfo

Stock-Based Compensation, Performance-Based and Other Restricted Stock Activity (Details) - $ / shares shares in Thousands	6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Restricted Stock [Member]
Restricted Stock [Abstract]
Awards granted (in shares)	455	390
Weighted average fair value of grant (in dollars per share)	$ 57.16	$ 38.38
Performance-based Stock Awards [Member]
Restricted Stock [Abstract]
Period for achievement of performance-based targets	3 years

Stock-Based Compensation, Stock

Stock-Based Compensation, Stock Option Activity (Details) - Stock Options [Member] - USD ($) $ / shares in Units, $ in Millions	6 Months Ended	61 Months Ended
	Oct. 31, 2021	Apr. 30, 2021	Apr. 30, 2019
Stock Options [Abstract]
Awards granted (in shares)	260,000	0
Significant Assumptions Used in Fair Value Determination [Abstract]
Weighted average fair value of options on grant date (in dollars per share)	$ 11.71
Weighted Average Assumptions [Abstract]
Expected life of options (years)	6 years 3 months 18 days
Risk-free interest rate	1.10%
Expected volatility	30.70%
Expected dividend yield	2.40%
Fair value of common stock on grant date (in dollars per share)	$ 56.79
Exercise price of stock option grant (in dollars per share)	$ 62.36
Unrecognized share-based compensation expense remaining			$ 0
Maximum [Member]
Stock Options [Abstract]
Exercisable period	10 years
Vesting on April 30, 2022 [Member]
Stock Options [Abstract]
Award vesting percentage	10.00%
Vesting on April 30, 2023 [Member]
Stock Options [Abstract]
Award vesting percentage	20.00%
Vesting on April 30, 2024 [Member]
Stock Options [Abstract]
Award vesting percentage	30.00%
Vesting on April 30, 2025 [Member]
Stock Options [Abstract]
Award vesting percentage	40.00%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	$ 1,077,905	$ 973,745	$ 1,091,291	$ 933,624
Other comprehensive (loss) income before reclassifications	(5,866)	(9,978)	(11,954)	29,016
Amounts reclassified from accumulated other comprehensive loss	2,257	2,454	4,535	4,839
Total other comprehensive (loss) income	(3,609)	(7,524)	(7,419)	33,855
Balance	1,106,665	1,020,213	1,106,665	1,020,213
Accumulated Other Comprehensive Loss [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(494,600)	(534,118)	(490,790)	(575,497)
Balance	(498,209)	(541,642)	(498,209)	(541,642)
Foreign Currency Translation [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(263,878)	(293,850)	(257,941)	(340,703)
Other comprehensive (loss) income before reclassifications	(9,483)	(11,626)	(15,420)	35,227
Amounts reclassified from accumulated other comprehensive loss	0	0	0	0
Total other comprehensive (loss) income	(9,483)	(11,626)	(15,420)	35,227
Balance	(273,361)	(305,476)	(273,361)	(305,476)
Unamortized Retirement Costs [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(226,557)	(233,585)	(228,146)	(227,920)
Other comprehensive (loss) income before reclassifications	2,639	1,900	2,781	(5,290)
Amounts reclassified from accumulated other comprehensive loss	1,426	1,503	2,873	3,028
Total other comprehensive (loss) income	4,065	3,403	5,654	(2,262)
Balance	(222,492)	(230,182)	(222,492)	(230,182)
Interest Rate Swaps [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(4,165)	(6,683)	(4,703)	(6,874)
Other comprehensive (loss) income before reclassifications	978	(252)	685	(921)
Amounts reclassified from accumulated other comprehensive loss	831	951	1,662	1,811
Total other comprehensive (loss) income	1,809	699	2,347	890
Balance	$ (2,356)	$ (5,984)	$ (2,356)	$ (5,984)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss, Reclassification out of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Amortization from Accumulated Other Comprehensive Loss [Abstract]
Pension expense	$ (2,809)	$ (2,683)	$ (5,663)	$ (5,245)
Reclassification out of Accumulated Other Comprehensive Loss [Member]
Amortization from Accumulated Other Comprehensive Loss [Abstract]
Pension expense	$ 1,900	$ 2,000	$ 3,700	$ 3,900

Reconciliation of Weighted Av_3

Reconciliation of Weighted Average Shares Outstanding (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Reconciliation of Weighted Average Shares Outstanding [Abstract]
Weighted average shares outstanding (in shares)	55,806	56,005	55,833	55,961
Less: Unvested restricted shares (in shares)	0	0	0	(2)
Shares used for basic earnings per share (in shares)	55,806	56,005	55,833	55,959
Dilutive effect of unvested restricted stock units and other stock awards (in shares)	582	160	644	223
Shares used for diluted earnings per share (in shares)	56,388	56,165	56,477	56,182
Stock Options [Member]
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]
Antidilutive options to purchase Class A common shares, restricted shares, warrants to purchase Class A common shares, and contingently issuable restricted stock which are excluded from the table above (in shares)	1,074	1,223	1,006	1,318

Restructuring and Related (Cr_3

Restructuring and Related (Credits) Charges, Pretax Restructuring Charges (Credits) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges	[1]	$ (1,333)	$ 1,920	$ (1,609)	$ 4,138
Business Optimization Program [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		(1,333)	2,106	(1,609)	4,291
Restructuring and related charges incurred to date		64,653		64,653
Business Optimization Program [Member] | Severance and Termination Benefits [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		(1,956)	1,683	(2,570)	2,793
Restructuring and related charges incurred to date		35,825		35,825
Business Optimization Program [Member] | Impairment of Operating Lease ROU Assets and Property and Equipment [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		0	0	0	0
Restructuring and related charges incurred to date		15,079		15,079
Business Optimization Program [Member] | Acceleration of Expense Related to Operating Lease ROU Assets and Property and Equipment [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		0	0	0	0
Restructuring and related charges incurred to date		3,378		3,378
Business Optimization Program [Member] | Facility Related Charges, Net [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		623	423	961	1,498
Restructuring and related charges incurred to date		8,631		8,631
Business Optimization Program [Member] | Other Activities [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		0	0	0	0
Restructuring and related charges incurred to date		1,740		1,740
Research Publishing & Platforms [Member] | Business Optimization Program [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		22	(103)	238	(300)
Restructuring and related charges incurred to date		3,883		3,883
Academic & Professional Learning [Member] | Business Optimization Program [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		(465)	1,541	(294)	1,314
Restructuring and related charges incurred to date		13,410		13,410
Education Services [Member] | Business Optimization Program [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		6	84	(28)	223
Restructuring and related charges incurred to date		4,277		4,277
Corporate Expenses [Member] | Business Optimization Program [Member]
Summary of pretax restructuring (credits) charges [Abstract]
Restructuring and related (credits) charges		(896)	$ 584	(1,525)	$ 3,054
Restructuring and related charges incurred to date		$ 43,083		$ 43,083
[1]	See Note 9, “Restructuring and Related (Credits) Charges” for these charges by segment.

Restructuring and Related (Cr_4

Restructuring and Related (Credits) Charges, Activity for Business Optimization Program (Details) - Business Optimization Program [Member] $ in Thousands	6 Months Ended
	Oct. 31, 2021USD ($)
Activity for Restructuring and Related Charges Liability [Roll Forward]
Restructuring liability, beginning of period	$ 11,465
(Credits)	(2,570)
Payments	(4,366)
Foreign translation & other adjustments	(133)
Restructuring liability, end of period	4,396
Severance and Termination Benefits [Member]
Activity for Restructuring and Related Charges Liability [Roll Forward]
Restructuring liability, beginning of period	11,465
(Credits)	(2,570)
Payments	(4,366)
Foreign translation & other adjustments	(133)
Restructuring liability, end of period	$ 4,396

Segment Information (Details)

Segment Information (Details) $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2021USD ($)	Oct. 31, 2020USD ($)Segment	Oct. 31, 2021USD ($)	Oct. 31, 2020USD ($)
Segment Information [Abstract]
Number of reportable segments | Segment			3
Revenue		$ 533,003	$ 491,011	$ 1,021,391	$ 922,337
Adjusted contribution to profit		72,555	71,825	113,247	104,082
Depreciation and amortization		54,555	48,430	109,121	97,937
Education Services [Member] | WileyNXT [Member]
Segment Information [Abstract]
Revenue			700		1,200
Adjusted contribution to profit			(100)		(200)
Depreciation and amortization			0		0
Operating Segments [Member]
Segment Information [Abstract]
Adjusted contribution to profit		118,386	112,778	203,872	182,749
Depreciation and amortization		50,425	44,695	100,854	90,479
Operating Segments [Member] | Research Publishing & Platforms [Member]
Segment Information [Abstract]
Revenue		275,154	251,334	549,910	492,144
Adjusted contribution to profit		77,053	73,850	156,077	143,471
Depreciation and amortization		23,464	19,765	47,226	39,466
Operating Segments [Member] | Academic & Professional Learning [Member]
Segment Information [Abstract]
Revenue	[1]	176,529	169,913	315,793	296,345
Adjusted contribution to profit	[1]	40,606	31,548	48,929	31,303
Depreciation and amortization	[1]	18,148	17,720	36,512	36,524
Operating Segments [Member] | Education Services [Member]
Segment Information [Abstract]
Revenue	[1]	81,320	69,764	155,688	133,848
Adjusted contribution to profit	[1]	727	7,380	(1,134)	7,975
Depreciation and amortization	[1]	8,813	7,210	17,116	14,489
Corporate [Member]
Segment Information [Abstract]
Adjusted contribution to profit		(45,831)	(40,953)	(90,625)	(78,667)
Depreciation and amortization		$ 4,130	$ 3,735	$ 8,267	$ 7,458
[1]	In May 2021, we moved the WileyNXT product offering from Academic & Professional Learning to Education Services. As a result, the prior period results related to the WileyNXT product offering have been included in Education Services. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $0.7 million, $(0.1) million, and none, respectively, for the three months ended October 31, 2020. The Revenue, Adjusted Contribution to Profit and Depreciation and Amortization for WileyNXT was $1.2 million, $(0.2) million, and none, respectively, for the six months ended October 31, 2020. There were no changes to our total consolidated financial results.

Segment Information, Reconcilia

Segment Information, Reconciliation of Consolidated US GAAP Operating Income to Non-GAAP Adjusted Contribution to Profit (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Reconciliation of Consolidated US GAAP Operating Income to Non-GAAP Adjusted Contribution to Profit [Abstract]
US GAAP Operating Income		$ 73,888	$ 69,905	$ 114,856	$ 99,944
Adjustments [Abstract]
Restructuring and related (credits) charges	[1]	(1,333)	1,920	(1,609)	4,138
Non-GAAP Adjusted Contribution to Profit		$ 72,555	$ 71,825	$ 113,247	$ 104,082
[1]	See Note 9, “Restructuring and Related (Credits) Charges” for these charges by segment.

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Oct. 31, 2021	Apr. 30, 2021
Inventories [Abstract]
Finished goods	$ 29,288	$ 31,704
Work-in-process	1,576	2,060
Paper and other materials	313	331
Total inventories before estimated sales returns and LIFO reserve	31,177	34,095
Inventory value of estimated sales returns	10,991	10,886
LIFO reserve	(2,443)	(2,443)
Inventories, net	$ 39,725	$ 42,538

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Goodwill (Details) $ in Thousands	6 Months Ended
	Oct. 31, 2021USD ($)
Activity in Goodwill by Segment [Roll Forward]
Balance, beginning of period	$ 1,304,340	[1]
Acquisitions	7,893	[2]
Foreign translation adjustment	(9,999)
Balance, end of period	1,302,234
Goodwill impairment	110,000
Research Publishing & Platforms [Member]
Activity in Goodwill by Segment [Roll Forward]
Balance, beginning of period	619,203	[1]
Acquisitions	7,893	[2]
Foreign translation adjustment	(5,104)
Balance, end of period	621,992
Academic & Professional Learning [Member]
Activity in Goodwill by Segment [Roll Forward]
Balance, beginning of period	512,512	[1]
Acquisitions	0	[2]
Foreign translation adjustment	(4,683)
Balance, end of period	507,829
Education Services [Member]
Activity in Goodwill by Segment [Roll Forward]
Balance, beginning of period	172,625	[1]
Acquisitions	0	[2]
Foreign translation adjustment	(212)
Balance, end of period	$ 172,413
[1]	The Education Services goodwill balance as of April 30, 2021 includes a cumulative pretax noncash goodwill impairment of $110.0 million.
[2]	Refer to Note 3, “Acquisitions,” for more information related to the acquisition that occurred in the six months ended October 31, 2021.

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Intangible Assets (Details) - USD ($) $ in Thousands		Oct. 31, 2021	Apr. 30, 2021
Intangible assets with definite lives, net [Abstract]
Intangible assets with definite lives, net	[1]	$ 843,934	$ 885,261	[2]
Intangible assets with indefinite lives [Abstract]
Intangible assets with indefinite lives		126,102	130,041	[2]
Intangible assets (excluding goodwill) [Abstract]
Total intangible assets, net		970,036	1,015,302	[2]
Brands and Trademarks [Member]
Intangible assets with indefinite lives [Abstract]
Intangible assets with indefinite lives		37,000	37,000	[2]
Accumulated impairment			93,100
Content and Publishing Rights [Member]
Intangible assets with indefinite lives [Abstract]
Intangible assets with indefinite lives		89,102	93,041	[2]
Content and Publishing Rights [Member]
Intangible assets with definite lives, net [Abstract]
Intangible assets with definite lives, net	[1]	537,493	564,229	[2]
Customer Relationships [Member]
Intangible assets with definite lives, net [Abstract]
Intangible assets with definite lives, net	[1]	254,297	266,477	[2]
Developed Technology [Member]
Intangible assets with definite lives, net [Abstract]
Intangible assets with definite lives, net	[1]	34,206	34,961	[2]
Accumulated impairment			2,800
Brands and Trademarks [Member]
Intangible assets with definite lives, net [Abstract]
Intangible assets with definite lives, net	[1]	17,858	19,536	[2]
Covenants Not to Compete [Member]
Intangible assets with definite lives, net [Abstract]
Intangible assets with definite lives, net	[1]	$ 80	$ 58	[2]
[1]	Refer to Note 3, “Acquisitions,” for more information related to the acquisition that occurred in the six months ended October 31, 2021.
[2]	The developed technology balance as of April 30, 2021 is presented net of accumulated impairments and write-offs of $2.8 million. The indefinite-lived brands and trademarks as of April 30, 2021 is net of accumulated impairments of $93.1 million.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Oct. 31, 2021	Jul. 31, 2021	Oct. 31, 2020	Jul. 31, 2020	Oct. 31, 2021	Oct. 31, 2020	Apr. 30, 2021
Effective income tax rate [Abstract]
Effective tax rate as reported	20.70%		0.10%		39.10%	13.70%
Refund in connection with NOL carryback							$ 20.7
U.K. [Member]
Effective income tax rate [Abstract]
Non-cash deferred tax expense from re-measurement of net deferred tax liabilities		$ 20.7		$ 6.7
Minimum [Member] | U.K. [Member]
Effective income tax rate [Abstract]
Foreign statutory tax rate		19.00%		17.00%
Maximum [Member] | U.K. [Member]
Effective income tax rate [Abstract]
Foreign statutory tax rate		25.00%		19.00%

Retirement Plans (Details)

Retirement Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Components of net pension income for defined benefit plans [Abstract]
Service cost	$ 300	$ 347	$ 607	$ 680
Interest cost	5,178	4,610	10,401	9,131
Expected return on plan assets	(10,142)	(9,649)	(20,401)	(19,027)
Amortization of prior service cost	(22)	(24)	(44)	(49)
Amortization of net actuarial loss	1,877	2,033	3,774	4,020
Net pension income	(2,809)	(2,683)	(5,663)	(5,245)
Employer defined benefit pension plan contributions	4,000	3,800	8,500	8,900
Defined Contribution Savings Plans [Abstract]
Expense for employer defined contribution savings plans	$ 6,500	$ 5,200	$ 15,600	$ 11,800

Debt and Available Credit Fac_3

Debt and Available Credit Facilities (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020	Apr. 30, 2021	May 30, 2019
Components of Total Debt Outstanding [Abstract]
Short-term portion of long-term debt	[1]	$ 12,500		$ 12,500		$ 12,500
Total long-term debt, less current portion		1,032,505		1,032,505		809,088
Total debt		1,045,005		1,045,005		821,588
Unamortized issuance costs		400		$ 400		500
Amended and Restated RCA [Member]
Debt and Available Credit Facilities [Abstract]
Term of credit facility				5 years
Amortization expense of the lender and non-lender fees in interest expense		300	$ 300	$ 500	$ 500
Term Loan A Facility [Member]
Debt and Available Credit Facilities [Abstract]
Term of credit facility				5 years
Term Loan A Facility [Member] | Amended and Restated RCA [Member]
Components of Total Debt Outstanding [Abstract]
Total long-term debt, less current portion	[2]	217,187		$ 217,187		222,928
Debt and Available Credit Facilities [Abstract]
Credit agreement face amount							$ 250,000
Revolving Credit Facility [Member]
Debt and Available Credit Facilities [Abstract]
Term of credit facility				5 years
Revolving Credit Facility [Member] | Amended and Restated RCA [Member]
Components of Total Debt Outstanding [Abstract]
Total long-term debt, less current portion		815,318		$ 815,318		$ 586,160
Debt and Available Credit Facilities [Abstract]
Amount of financing available under credit facilities							$ 1,250,000
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member]
Debt and Available Credit Facilities [Abstract]
Optional credit limit increase available on request		500,000		500,000
Minimum increments in which optional credit limit increase may be requested		50,000		50,000
Unused borrowing capacity under our Amended and Restated RCA and other facilities		$ 435,300		$ 435,300
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Minimum [Member]
Debt and Available Credit Facilities [Abstract]
Line of credit facility fee percentage				0.15%
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Maximum [Member]
Debt and Available Credit Facilities [Abstract]
Line of credit facility fee percentage				0.25%
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | LIBOR [Member] | Minimum [Member]
Debt and Available Credit Facilities [Abstract]
Applicable margin				0.98%
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | LIBOR [Member] | Maximum [Member]
Debt and Available Credit Facilities [Abstract]
Applicable margin				1.50%
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Base Rate [Member] | Minimum [Member]
Debt and Available Credit Facilities [Abstract]
Applicable margin				0.00%
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Base Rate [Member] | Maximum [Member]
Debt and Available Credit Facilities [Abstract]
Applicable margin				0.50%
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Federal Funds Effective Rate [Member]
Debt and Available Credit Facilities [Abstract]
Margin rate over reference rate used in determining base rate				0.50%
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Eurocurrency Rate [Member]
Debt and Available Credit Facilities [Abstract]
Margin rate over reference rate used in determining base rate				1.00%
[1]	Relates to our term loan A under the Amended and Restated RCA.
[2]	Amounts are shown net of unamortized issuance costs of $0.4 million as of October 31, 2021 and $0.5 million as of April 30, 2021.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020	Apr. 30, 2021
Derivative Instruments and Hedging Activities [Abstract]
Total debt outstanding	$ 1,045,005		$ 1,045,005		$ 821,588
Unamortized debt issuance costs	400		400		500
Variable rate loans outstanding	1,045,400		1,045,400
Interest Rate Swaps [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]
Derivative Instruments and Hedging Activities [Abstract]
Notional amount of derivative liability	400,000		400,000		400,000
Interest Rate Swaps [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Interest Expense [Member]
Derivative Instruments and Hedging Activities [Abstract]
Net losses reclassified from Accumulated other comprehensive loss	1,100	$ 900	2,200	$ 1,800
Interest Rate Swaps [Member] | Recurring [Member] | Level 2 [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]
Derivative Instruments and Hedging Activities [Abstract]
Liabilities of derivative instrument	3,200		3,200
Interest Rate Swaps [Member] | Recurring [Member] | Level 2 [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Other Non-current Assets [Member]
Derivative Instruments and Hedging Activities [Abstract]
Assets fair value of derivative instrument	700		700
Interest Rate Swaps [Member] | Recurring [Member] | Level 2 [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Other Accrued Liabilities [Member]
Derivative Instruments and Hedging Activities [Abstract]
Liabilities of derivative instrument	2,100		2,100
Interest Rate Swaps [Member] | Recurring [Member] | Level 2 [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Other Long-term Liabilities [Member]
Derivative Instruments and Hedging Activities [Abstract]
Liabilities of derivative instrument	$ 1,100		$ 1,100		$ 5,600

Capital Stock and Changes in _3

Capital Stock and Changes in Capital Accounts, Share Repurchases (Details) - $ / shares	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Share Repurchases [Abstract]
Shares repurchased (in shares)		0		0
Class A [Member]
Share Repurchases [Abstract]
Shares repurchased (in shares)	183		312
Average price (in dollars per share)	$ 54.54		$ 55.51
Class B [Member]
Share Repurchases [Abstract]
Shares repurchased (in shares)	0		1
Average price (in dollars per share)	$ 54.54		$ 55.51

Capital Stock and Changes in _4

Capital Stock and Changes in Capital Accounts, Dividends (Details) - USD ($) $ / shares in Units, $ in Thousands	Oct. 27, 2021	Jul. 21, 2021	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Cash Dividends [Abstract]
Total dividend					$ 38,619	$ 38,480
Class A [Member]
Cash Dividends [Abstract]
Quarterly cash dividend (in dollars per share)			$ 0.3450	$ 0.3425	$ 0.3450	$ 0.3425
Class B [Member]
Cash Dividends [Abstract]
Quarterly cash dividend (in dollars per share)			$ 0.3450	$ 0.3425	$ 0.3450	$ 0.3425
Dividend Declared in Q1 2021 [Member] | Class A [Member]
Cash Dividends [Abstract]
Date of declaration by board of directors					Jun. 22, 2021
Quarterly cash dividend (in dollars per share)					$ 0.3450
Total dividend		$ 19,300
Dividend paid date					Jul. 21, 2021
Shareholders of record as of date					Jul. 6, 2021
Dividend Declared in Q1 2021 [Member] | Class B [Member]
Cash Dividends [Abstract]
Date of declaration by board of directors					Jun. 22, 2021
Quarterly cash dividend (in dollars per share)					$ 0.3450
Total dividend		$ 19,300
Dividend paid date					Jul. 21, 2021
Shareholders of record as of date					Jul. 6, 2021
Dividend Declared in Q2 2021 [Member] | Class A [Member]
Cash Dividends [Abstract]
Date of declaration by board of directors					Sep. 29, 2021
Quarterly cash dividend (in dollars per share)					$ 0.3450
Total dividend	$ 19,200
Dividend paid date					Oct. 27, 2021
Shareholders of record as of date					Oct. 12, 2021
Dividend Declared in Q2 2021 [Member] | Class B [Member]
Cash Dividends [Abstract]
Date of declaration by board of directors					Sep. 29, 2021
Total dividend	$ 19,200
Dividend paid date					Oct. 27, 2021
Shareholders of record as of date					Oct. 12, 2021

Capital Stock and Changes in _5

Capital Stock and Changes in Capital Accounts, Changes in Common Stock (Details) - shares shares in Thousands	6 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Class A [Member]
Changes in Common Stock [Abstract]
Number of shares, beginning of year (in shares)	70,208	70,166
Common stock class conversions (in shares)	3	13
Number of shares issued, end of period (in shares)	70,211	70,179
Changes in Common Stock in Treasury [Abstract]
Number of shares held, beginning of year (in shares)	23,419	23,405
Purchase of treasury shares (in shares)	312	0
Shares issued under the Director Plan to Directors (in shares)	(2)	(4)
Restricted shares issued from exercise of stock options (in shares)	(24)	(33)
Shares withheld for taxes (in shares)	93	69
Number of shares held, end of period (in shares)	23,561	23,253
Number of Common Stock outstanding, end of period (in shares)	46,650	46,926
Class A [Member] | Non-PSU Awards [Member]
Changes in Common Stock in Treasury [Abstract]
Restricted shares issued under stock-based compensation plans (in shares)	(129)	(96)
Class A [Member] | PSU Awards [Member]
Changes in Common Stock in Treasury [Abstract]
Restricted shares issued under stock-based compensation plans (in shares)	(108)	(88)
Class B [Member]
Changes in Common Stock [Abstract]
Number of shares, beginning of year (in shares)	12,974	13,016
Common stock class conversions (in shares)	(3)	(13)
Number of shares issued, end of period (in shares)	12,971	13,003
Changes in Common Stock in Treasury [Abstract]
Number of shares held, beginning of year (in shares)	3,922	3,920
Purchase of treasury shares (in shares)	1	0
Number of shares held, end of period (in shares)	3,923	3,920
Number of Common Stock outstanding, end of period (in shares)	9,048	9,083

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member] $ in Millions	Nov. 30, 2021USD ($)
Precision Computer Works, Inc [Member]
Asset Acquisition [Abstract]
Consideration transferred for acquired assets	$ 15
Smaller Acquisition [Member]
Asset Acquisition [Abstract]
Consideration transferred for acquired assets	$ 8