Current report filing

Segment Information (Tables)

v3.22.2.2
Segment Information (Tables)
12 Months Ended
Jan. 31, 2022
Summary of the company's segment results and segment assets

Fiscal 2022

Fiscal 2021

Successor

Predecessor (SLH)

Predecessor (SLH)

Predecessor (PL)

Predecessor (PL)

From

From

From

From

June 12, 2021 to

February 1, 2021

August 28, 2020

February 1, 2020

Fiscal year ended

    

January 31, 2022

to June 11, 2021

  

January 31, 2021

  

to August 27, 2020

January 31, 2020

Skillsoft

 

  

  

  

  

  

Revenues

 

$

219,257

$

102,494

$

73,250

$

197,672

$

365,611

Operating expenses

 

257,967

140,484

161,190

401,498

649,954

Operating loss

 

(38,710)

(37,990)

(87,940)

(203,826)

(284,343)

Global Knowledge

 

  

  

  

  

  

Revenues

 

132,586

Operating expenses

 

149,372

Operating loss

 

(16,786)

Consolidated

 

  

  

  

  

  

Revenues

 

351,843

102,494

73,250

197,672

365,611

Operating expenses

 

407,339

140,484

161,190

401,498

649,954

Operating loss

 

(55,496)

(37,990)

(87,940)

(203,826)

(284,343)

Total non-operating (expense) income

 

15,560

733

3,562

1,397

(5,330)

Interest expense, net

 

(23,114)

(16,703)

(19,853)

(168,171)

(429,299)

Reorganization items, net

 

3,361,251

Benefits from (provision for) income taxes

 

4,304

3,521

14,477

(60,693)

(11,757)

Net (loss) income from continuing operations

(58,746)

(50,439)

(89,754)

2,929,958

(730,729)

Income (loss) from discontinued operations

11,940

1,175

(3,968)

(165,946)

(118,476)

Net (loss) income

 

$

(46,806)

$

(49,264)

$

(93,722)

$

2,764,012

$

(849,205)

Schedule of the company's long-lived tangible assets by geographic region

The Company’s segment assets primarily consist of cash and cash equivalents, accounts receivable, prepaid expenses, deferred taxes, property and equipment, goodwill and intangible assets. The following table sets forth the Company’s segment assets as of January 31, 2022 and January 31, 2021 (in thousands):

Successor

Predecessor (SLH)

    

January 31, 2022

  

  

January 31, 2021

Skillsoft

$

1,648,160

$

1,399,178

Global Knowledge

344,902

Total assets classified as held for sale

228,886

146,559

Consolidated

$

2,221,948

$

1,545,737

The following table sets forth the Company’s long-lived tangible assets by geographic region as of Jnauary 31, 2022 and January 31, 2021 (in thousands):

Successor

Predecessor (SLH)

    

January 31, 2022

  

  

January 31, 2021

United States

$

9,482

$

6,271

Ireland

313

 

609

Rest of world

1,680

829

Total

$

11,475

$

7,709