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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - UNAUDITED - USD ($)
$ in Thousands
 9 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Operating Activities    
Net income $ 83,757 $ 105,021
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of intangibles 45,722 39,825
Amortization of product development assets 26,653 27,417
Depreciation and amortization of technology, property and equipment 56,163 52,414
Restructuring and related charges 18,034 3,562
Stock-based compensation expense 15,662 14,974
Employee retirement plan expense 4,771 4,047
Royalty advances (96,618) (100,454)
Earned royalty advances 90,320 94,240
Foreign exchange transaction losses 1,761 4,308
Other non-cash charges 17,506 5,027
Net change in operating assets and liabilities (174,844) (198,237)
Net Cash Provided By Operating Activities 88,887 52,144
Investing Activities    
Product development spending (17,770) (18,787)
Additions to technology, property and equipment (65,924) (49,988)
Businesses acquired in purchase transactions, net of cash acquired (200,642) (190,467)
Acquisitions of publication rights and other (1,548) (4,386)
Net Cash Used in Investing Activities (285,884) (263,628)
Financing Activities    
Repayment of long-term debt (253,006) (217,200)
Borrowing of long-term debt 572,423 490,512
Payment of debt issuance costs (4,006) 0
Purchase of treasury shares (35,000) (34,994)
Change in book overdrafts (301) (6,657)
Cash dividends (57,632) (56,963)
Net (payments) proceeds from exercise of stock options and other (1,596) 6,278
Net Cash Provided by Financing Activities 220,882 180,976
Effects of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash 530 (6,359)
Cash Reconciliation:    
Cash and cash equivalents 92,890 169,773
Restricted cash included in Prepaid expenses and other current assets 658 484
Balance at Beginning of Period 93,548 170,257
Increase/(Decrease) for the Period 24,415 (36,867)
Cash and cash equivalents 117,355 132,758
Restricted cash included in Prepaid expenses and other current assets 608 632
Balance at End of Period 117,963 133,390
Cash Paid During the Period for:    
Interest 18,292 10,781
Income taxes, net of refunds $ 39,397 $ 29,604