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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2021
Operating activities      
Net income $ 17,233 $ 148,309 $ 148,256
Adjustments to reconcile net income to net cash provided by operating activities:      
Impairment of goodwill 99,800 0 0
Amortization of intangible assets 84,881 84,836 74,685
Amortization of product development assets 32,366 35,162 34,365
Depreciation and amortization of technology, property, and equipment 96,006 95,172 91,139
Restructuring and related charges (credits) 49,389 (1,427) 33,310
Stock-based compensation expense 26,504 25,705 21,982
Employee retirement plan expense 26,956 19,146 12,975
Foreign exchange transaction (gains) losses (894) 3,192 7,977
Gain on sale of businesses and certain assets (10,217) (3,694) 0
Other noncash (credits) charges (6,319) 37,128 35,138
Changes in operating assets and liabilities      
Accounts receivable, net 26,757 (26,318) (7,263)
Inventories, net (522) 2,311 7,842
Accounts payable and accrued royalties 22,908 16,373 (31,121)
Contract liabilities (36,529) 9,973 14,164
Restructuring payments (26,599) (5,911) (19,667)
Other accrued liabilities (48,787) (13,476) 28,142
Employee retirement plan contributions (45,985) (46,729) (40,676)
Operating lease liabilities (26,919) (29,737) (32,344)
Other (2,958) (10,915) (18,981)
Net cash provided by operating activities 277,071 339,100 359,923
Investing activities      
Product development spending (22,958) (27,015) (25,954)
Additions to technology, property, and equipment (81,155) (88,843) (77,407)
Businesses acquired in purchase transactions, net of cash acquired (7,292) (75,703) (299,942)
Proceeds related to the sale of businesses and certain assets 15,585 3,375 0
Acquisitions of publication rights and other (2,578) (5,838) (29,851)
Net cash used in investing activities (98,398) (194,024) (433,154)
Financing activities      
Repayments of long-term debt (1,044,205) (661,873) (562,752)
Borrowings of long-term debt 1,005,271 650,877 593,405
Payment of debt issuance costs (4,493) 0 0
Purchases of treasury shares (35,000) (30,000) (15,765)
Change in book overdrafts (4,841) (6,327) 18,398
Cash dividends (77,298) (77,205) (76,938)
Impact of tax withholding on stock-based compensation and other (8,002) (7,110) (3,434)
Net cash used in financing activities (168,568) (131,638) (47,086)
Effects of exchange rate changes on cash, cash equivalents, and restricted cash (3,570) (7,070) 11,629
Cash reconciliation:      
Cash and cash equivalents 100,397 93,795 202,464
Restricted cash included in Prepaid expenses and other current assets 330 564 583
Balance at beginning of year 100,727 94,359 203,047
Increase/(decrease) for year 6,535 6,368 (108,688)
Cash and cash equivalents 106,714 100,397 93,795
Restricted cash included in Prepaid expenses and other current assets 548 330 564
Balance at end of year 107,262 100,727 94,359
Cash paid during the year for:      
Interest 36,130 17,834 17,171
Income taxes, net of refunds 50,891 48,887 41,064
Learning House | Warrants      
Noncash Investing and Financing Items [Abstract]      
Shares issued in connection with the acquisition of a business $ 0 $ 7,363 $ 0