Quarterly report pursuant to Section 13 or 15(d)

Fee Revenue (Tables)

v3.22.2.2
Fee Revenue (Tables)
3 Months Ended
Jul. 31, 2022
Revenue From Contract With Customer [Abstract]  
Schedule of Contract Asset and Liability

The following table outlines the Company’s contract asset and liability balances as of July 31, 2022 and April 30, 2022:

 

 

 

July 31, 2022

 

 

April 30, 2022

 

 

 

(in thousands)

 

Contract assets-unbilled receivables

 

$

119,850

 

 

$

100,652

 

Contract liabilities-deferred revenue

 

$

243,510

 

 

$

244,149

 

Schedule of Disaggregation of Fee Revenue by Industry

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

 

 

 

Three Months Ended July 31,

 

 

 

2022

 

 

2021

 

 

 

Dollars

 

 

%

 

 

Dollars

 

 

%

 

 

 

(dollars in thousands)

 

Industrial

 

$

195,909

 

 

 

28.2

%

 

$

149,356

 

 

 

25.5

%

Life Sciences/Healthcare

 

 

133,204

 

 

 

19.1

 

 

 

115,190

 

 

 

19.7

 

Technology

 

 

122,652

 

 

 

17.6

 

 

 

94,934

 

 

 

16.2

 

Financial Services

 

 

118,799

 

 

 

17.1

 

 

 

105,649

 

 

 

18.0

 

Consumer Goods

 

 

95,948

 

 

 

13.8

 

 

 

81,564

 

 

 

13.9

 

Education/Non–Profit/General

 

 

29,391

 

 

 

4.2

 

 

 

38,702

 

 

 

6.7

 

Fee Revenue

 

$

695,903

 

 

 

100.0

%

 

$

585,395

 

 

 

100.0

%