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Schedule II-VALUATION AND QUALIFYING ACCOUNTS | 12 Months Ended
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Apr. 30, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract] |
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure | Schedule II JOHN WILEY & SONS, INC. AND SUBSIDIARIES VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS ENDED APRIL 30, 2023, 2022, AND 2021 (Dollars in thousands)
Description |  | Balance at Beginning of Period |  | Cumulative Effect of Change in Accounting Principle(1) |  | Charged to Expenses |  | Deductions From Reserves and Other(2) |  | Balance at End of Period
Year Ended April 30, 2023 |  |  |  |  |  |  |  |  |  |
Allowance for sales returns(4) |  | $ | 19,422 |  |  | $ | — |  |  | $ | 24,439 |  |  | $ | 29,442 |  |  | $ | 14,419 |
Allowance for doubtful accounts |  | $ | 21,221 |  |  | $ | — |  |  | $ | 347 |  |  | $ | 2,906 |  |  | $ | 18,662 |
Allowance for inventory obsolescence |  | $ | 11,219 |  |  | $ | — |  |  | $ | 7,222 |  |  | $ | 5,451 |  |  | $ | 12,990 |
Valuation allowance on deferred tax assets(3) |  | $ | 30,000 |  |  | $ | — |  |  | $ | (4,037) |  |  | $ | (1,485) |  |  | $ | 27,448 |
Year Ended April 30, 2022 |  |  |  |  |  |  |  |  |  |
Allowance for sales returns(4) |  | $ | 22,199 |  |  | $ | — |  |  | $ | 29,191 |  |  | $ | 31,968 |  |  | $ | 19,422 |
Allowance for doubtful accounts |  | $ | 21,474 |  |  | $ | — |  |  | $ | 4,029 |  |  | $ | 4,282 |  |  | $ | 21,221 |
Allowance for inventory obsolescence |  | $ | 13,970 |  |  | $ | — |  |  | $ | 6,786 |  |  | $ | 9,537 |  |  | $ | 11,219 |
Valuation allowance on deferred tax assets(3) |  | $ | 4,855 |  |  | $ | — |  |  | $ | 230 |  |  | $ | (24,915) |  |  | $ | 30,000 |
Year Ended April 30, 2021 |  |  |  |  |  |  |  |  |  |
Allowance for sales returns(4) |  | $ | 19,642 |  |  | $ | — |  |  | $ | 36,997 |  |  | $ | 34,440 |  |  | $ | 22,199 |
Allowance for doubtful accounts |  | $ | 18,335 |  |  | $ | 1,776 |  |  | $ | 6,957 |  |  | $ | 5,594 |  |  | $ | 21,474 |
Allowance for inventory obsolescence |  | $ | 16,067 |  |  | $ | — |  |  | $ | 9,236 |  |  | $ | 11,333 |  |  | $ | 13,970 |
Valuation allowance on deferred tax assets(3) |  | $ | 23,287 |  |  | $ | — |  |  | $ | 3,213 |  |  | $ | 21,645 |  |  | $ | 4,855 |
(1) | See Note 2, “Summary of Significant Accounting Policies, Recently Issued, and Recently Adopted Accounting Standards” of the Notes to Consolidated Financial Statements of this Annual Report on Form 10-K regarding the adoption of ASU 2016-13, “Financial Instruments—Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments.” We adopted the new standard on May 1, 2020, with a cumulative effect adjustment to retained earnings as of the beginning of the year of adoption.
(2) | Deductions From Reserves and Other for the years ended April 30, 2023, 2022, and 2021 include foreign exchange translation adjustments. Included in Allowance for doubtful accounts are accounts written off, less recoveries. Included in Allowance for inventory obsolescence are items removed from inventory.
(3) | Included in Valuation allowance on deferred tax assets for the years ended April 30, 2023, 2022, and 2021 are valuation allowances related to, and required with respect to, foreign tax credits generated by tax reform enacted in December 2017. In connection with a 5-year loss carryback and a subsequent audit, certain foreign tax credits requiring a valuation allowance were reinstated.
(4) | Allowance for sales returns represents anticipated returns net of a recovery of inventory and royalty costs. The provision is reported as a reduction of gross sales to arrive at revenue and the reserve balance is reported as an increase in Contract liabilities with a corresponding increase in Inventories, net and a reduction in Accrued royalties for the years ended April 30, 2023, 2022, and 2021.

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- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-4 + Details
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