Quarterly report pursuant to Section 13 or 15(d)

Business Combinations - Skillsoft (Details)

v3.21.2
Business Combinations - Skillsoft (Details) - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 4 Months Ended 5 Months Ended 7 Months Ended 9 Months Ended 12 Months Ended
Jun. 12, 2021
Jun. 11, 2021
Aug. 28, 2020
Jun. 11, 2021
Aug. 27, 2020
Jul. 31, 2021
Jul. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Apr. 30, 2021
Oct. 31, 2020
Jul. 31, 2020
Apr. 30, 2020
Jun. 11, 2021
Oct. 31, 2021
Aug. 27, 2020
Oct. 31, 2020
Jan. 31, 2021
Jan. 31, 2020
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Goodwill   $ 494,869   $ 494,869   $ 865,981 $ 865,981   $ 872,291         $ 494,869 $ 872,291     $ 495,004  
Financial Designation, Predecessor and Successor [Fixed List] Successor   Predecessor Predecessor Predecessor Successor Successor Predecessor Successor Predecessor Predecessor Predecessor Predecessor Predecessor Successor Predecessor Predecessor Predecessor Predecessor
Impact of Adoption                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Goodwill           $ 123,500 $ 123,500                        
SLH                                      
Business Acquisition [Line Items]                                      
Cash payments   505,000                                  
Second Out Term Loan   20,000                                  
Cash settlement of seller transaction costs   1,308                                  
Total Purchase Price   832,683                                  
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Cash, cash equivalents and restricted cash   120,273   $ 120,273                   $ 120,273          
Current assets   119,283   119,283                   119,283          
Property and equipment   10,825   10,825                   10,825          
Intangible assets   765,098   765,098                   765,098          
Long term assets   18,629   18,629                   18,629          
Total assets acquired   1,034,108   1,034,108                   1,034,108          
Current liabilities   (49,056)   (49,056)                   (49,056)          
Debt, including accounts receivable facility   (552,977)   (552,977)                   (552,977)          
Deferred revenue   (237,090)   (237,090)                   (237,090)          
Deferred tax liability   (84,402)   (84,402)                   (84,402)          
Long term liabilities   (18,324)   (18,324)                   (18,324)          
Total liabilities assumed   (941,849)   (941,849)                   (941,849)          
Net assets acquired   92,259   92,259                   92,259          
Goodwill   740,424   740,424                   740,424          
Total purchase price   832,683   832,683                   832,683          
Intangible assets   765,098   765,098                   765,098          
Acquisition related expenses   6,400                       4,300 $ 2,100        
SLH | As Previously Reported                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Cash, cash equivalents and restricted cash   120,273   120,273                   120,273          
Current assets   118,847   118,847                   118,847          
Property and equipment   10,825   10,825                   10,825          
Intangible assets   769,799   769,799                   769,799          
Long term assets   18,629   18,629                   18,629          
Total assets acquired   1,038,373   1,038,373                   1,038,373          
Current liabilities   (49,056)   (49,056)                   (49,056)          
Debt, including accounts receivable facility   (552,977)   (552,977)                   (552,977)          
Deferred revenue   (123,300)   (123,300)                   (123,300)          
Deferred tax liability   (99,699)   (99,699)                   (99,699)          
Long term liabilities   (18,325)   (18,325)                   (18,325)          
Total liabilities assumed   (843,357)   (843,357)                   (843,357)          
Net assets acquired   195,016   195,016                   195,016          
Goodwill   637,667   637,667                   637,667          
Total purchase price   832,683   832,683                   832,683          
Intangible assets   769,799   769,799                   769,799          
SLH | Impact of Adoption                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Current assets   436   436                   436          
Intangible assets   (4,701)   (4,701)                   (4,701)          
Total assets acquired   (4,265)   (4,265)                   (4,265)          
Deferred revenue   (113,790)   (113,790)                   (113,790)          
Deferred tax liability   15,297   15,297                   15,297          
Long term liabilities   1   1                   1          
Total liabilities assumed   (98,492)   (98,492)                   (98,492)          
Net assets acquired   (102,757)   (102,757)                   (102,757)          
Goodwill   102,757   102,757                   102,757          
Intangible assets   (4,701)   (4,701)                   (4,701)          
SLH | Trademarks and trade names                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Indefinite lived intangible assets   84,700   84,700                   84,700          
Finite lived intangible assets   $ 5,800   5,800                   5,800          
Life   9 years 7 months 6 days                                  
SLH | Courseware                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Finite lived intangible assets   $ 186,600   186,600                   186,600          
Life   5 years                                  
SLH | Proprietary delivery and development software                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Finite lived intangible assets   $ 114,598   114,598                   114,598          
SLH | Proprietary delivery and development software | Minimum                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Life   2 years 6 months                                  
SLH | Proprietary delivery and development software | Maximum                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Life   7 years 7 months 6 days                                  
SLH | Publishing rights                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Finite lived intangible assets   $ 41,100   41,100                   41,100          
Life   5 years                                  
SLH | Customer relationships                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Finite lived intangible assets   $ 271,400   271,400                   271,400          
Life   12 years 7 months 6 days                                  
SLH | Backlog                                      
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]                                      
Finite lived intangible assets   $ 60,900   $ 60,900                   $ 60,900          
Life   4 years 7 months 6 days                                  
SLH | Class A Common Stock                                      
Business Acquisition [Line Items]                                      
Common Stock   $ 258,000                                  
SLH | Class B Common Stock                                      
Business Acquisition [Line Items]                                      
Common Stock   $ 48,375