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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Apr. 30, 2018
Operating Activities      
Net (Loss) Income $ (74,287) $ 168,263 $ 192,186
Adjustments to reconcile net income to net cash provided by operating activities:      
Impairment of goodwill and intangible assets 202,348 0 3,600
Amortization of intangibles 62,436 54,658 48,230
Amortization of product development assets 35,975 37,079 41,432
Depreciation and amortization of technology, property and equipment 76,716 69,418 64,327
Restructuring and related charges 32,607 3,118 28,566
Stock-based compensation expense 20,009 18,327 11,244
Employee retirement plan expense 10,832 5,236 7,388
Royalty advances (133,497) (129,949) (122,602)
Earned royalty advances 131,398 129,125 116,620
Foreign exchange transaction (gains) losses (2,773) 6,016 12,819
Other non-cash charges (credits) 7,115 (11,136) (29,951)
Changes in Operating Assets and Liabilities      
Accounts receivable, net (2,962) (64,734) (14,209)
Inventories, net (2,714) 3,820 13,517
Accounts payable 1,163 7,369 16,543
Accrued royalties 13,425 6,169 3,664
Contract liabilities (118) 29,901 36,243
Accrued income taxes (5,962) 9,613 (565)
Restructuring payments (12,563) (15,219) (30,595)
Other accrued liabilities (7,817) (32,713) 1,022
Employee retirement plan contributions (33,729) (40,470) (27,550)
Operating lease liabilities (28,243) 0 0
Other (924) (3,060) 10,393
Net Cash Provided By Operating Activities 288,435 250,831 382,322
Investing Activities      
Product development spending (26,608) (24,426) (36,503)
Additions to technology, property and equipment (88,593) (77,167) (114,225)
Businesses acquired in purchase transactions, net of cash acquired (229,629) (190,415) 0
Acquisitions of publication rights and other (1,840) (9,494) (26,683)
Net Cash Used in Investing Activities (346,670) (301,502) (177,411)
Financing Activities      
Repayment of long-term debt (630,551) (476,246) (467,915)
Borrowing of long-term debt 934,323 596,320 459,304
Payment of debt issuance costs (4,006) 0 0
Purchase of treasury shares (46,589) (59,994) (39,688)
Change in book overdrafts (48) (5,674) (4,191)
Cash dividends (76,658) (75,752) (73,542)
Net (payments) proceeds from exercise of stock options and other (3,794) 3,751 29,201
Net Cash Provided by (Used in) Financing Activities 172,677 (17,595) (96,831)
Effects of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash (4,943) (8,443) 3,661
Cash Reconciliation:      
Cash and cash equivalents 92,890 169,773 58,516
Restricted cash included in Prepaid expenses and other current assets 658 484 0
Balance at Beginning of Year 93,548 170,257 58,516
Increase/(Decrease) for Year 109,499 (76,709) 111,741
Cash and cash equivalents 202,464 92,890 169,773
Restricted cash included in Prepaid expenses and other current assets 583 658 484
Balance at End of Year 203,047 93,548 170,257
Cash Paid During the Year for      
Interest 23,622 14,867 12,221
Income taxes, net of refunds 41,537 48,264 48,709
Learning House [Member] | Warrants [Member]      
Non-cash items associated with the acquisition of Learning House:      
Warrants to purchase 0.4 million shares of Wiley Class A Common Stock issued in connection with the Learning House acquisition $ 0 $ 565 $ 0