v3.24.1.1.u2
Segments (Tables)
12 Months Ended
Apr. 30, 2024
Segments  
Schedule of segment results

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Year Ended April 30, 2024

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UxS

    

LMS

    

MW

    

Total

Revenue:

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​

​

​

​

​

​

​

​

​

​

​

Product sales

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$

415,074

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$

168,863

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$

1,834

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$

585,771

Contract services

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​

32,932

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​

23,724

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​

74,293

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​

130,949

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​

$

448,006

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$

192,587

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$

76,127

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$

716,720

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​

​

​

​

​

​

​

​

​

​

​

​

Segment adjusted income (loss) from operations

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$

93,122

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$

24,062

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$

(24,706)

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$

92,478

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​

​

​

​

​

​

​

​

​

​

​

​

Depreciation and amortization

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$

27,595

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$

2,808

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$

5,346

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$

35,749

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Year Ended April 30, 2023

​

    

UxS

    

LMS

    

MW

    

Total

Revenue:

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​

​

​

​

​

​

​

​

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​

​

Product sales

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$

268,021

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$

84,686

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$

355

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$

353,062

Contract services

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​

75,889

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​

35,938

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​

75,647

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​

187,474

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$

343,910

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$

120,624

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$

76,002

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$

540,536

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​

​

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​

​

​

​

​

​

Segment adjusted income from operations

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$

30,568

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$

8,074

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$

3,664

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$

42,306

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​

​

​

​

​

​

​

​

Depreciation and amortization

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$

249,925

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$

2,788

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$

3,303

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$

256,016

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Year Ended April 30, 2022

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UxS

    

LMS

    

MW

    

Total

Product sales

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$

194,517

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$

46,162

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$

4

​

$

240,683

Contract services

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​

106,226

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​

30,253

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​

68,570

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​

205,049

Revenue

​

$

300,743

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$

76,415

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$

68,574

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$

445,732

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​

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​

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​

Segment adjusted income (loss) from operations

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$

28,703

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$

(2,823)

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$

5,794

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$

31,674

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​

​

​

​

​

​

​

Depreciation and amortization

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$

54,324

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$

2,694

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$

3,807

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$

60,825

Schedule of reconciliation from segment adjusted income from operations to income (loss) before taxes

The following table (in thousands) provides a reconciliation from segment adjusted income from operations to income (loss) before taxes:

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Year Ended April 30,

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2024

    

2023

    

2022

Segment adjusted income from operations

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$

92,478

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$

42,306

​

$

31,674

Impairment of goodwill and accelerated amortization

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​

—

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​

(190,166)

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​

—

Amortization of acquired intangible assets and other purchase accounting adjustments

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​

(18,558)

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​

(29,418)

​

​

(36,707)

Acquisition-related expenses

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​

(2,096)

​

​

(1,385)

​

​

(4,854)

Interest expense, net

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​

(4,220)

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​

(9,368)

​

​

(5,440)

Other expense, net

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​

(4,373)

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​

(346)

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​

(10,313)

Sale of ownership in HAPSMobile Inc. joint venture

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—

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—

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​

6,497

Income (loss) before income taxes

​

$

63,231

​

$

(188,377)

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$

(19,143)

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Schedule of identifiable assets by segment

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April 30, 2024

​

    

UxS

    

LMS

    

MW

    

Corporate

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Total

Identifiable assets

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$

590,619

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$

165,413

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$

50,767

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$

209,061

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$

1,015,860

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April 30, 2023

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UxS

    

LMS

    

MW

    

Corporate

​

Total

Identifiable assets

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$

474,417

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$

103,375

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$

39,650

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$

207,135

​

$

824,577