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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
 3 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Operating activities    
Net loss $ (92,264) $ (17,835)
Adjustments to reconcile net loss to net cash used in operating activities:    
Impairment of goodwill 26,695 0
Amortization of intangible assets 15,648 25,311
Impairment charge related to assets held-for-sale and loss on sale of a business 75,929 0
Amortization of product development assets 6,687 8,288
Depreciation and amortization of technology, property and equipment 21,393 24,680
Restructuring and related charges 12,123 22,441
Stock-based compensation expense 6,286 7,123
Employee retirement plan expense 9,244 8,325
Foreign exchange transaction losses 1,620 616
Other noncash credits (20,520) (10,791)
Net change in operating assets and liabilities (145,176) (158,097)
Net cash used in operating activities (82,335) (89,939)
Investing activities    
Product development spending (3,747) (5,825)
Additions to technology, property and equipment (20,086) (17,923)
Businesses acquired in purchase transactions, net of cash acquired (1,500) (96)
Proceeds related to the sale of a business 457 0
Acquisitions of publication rights and other (866) 2,038
Net cash used in investing activities (25,742) (21,806)
Financing activities    
Repayments of long-term debt (196,405) (111,800)
Borrowings of long-term debt 341,878 268,673
Purchases of treasury shares (10,000) (10,000)
Change in book overdrafts (5,947) (4,694)
Cash dividends (19,382) (19,468)
Impact of tax withholding on stock-based compensation and other (4,330) (4,722)
Net cash provided by financing activities 105,814 117,989
Effects of exchange rate changes on cash, cash equivalents, and restricted cash 2,257 (1,985)
Cash reconciliation:    
Cash and cash equivalents 106,714 100,397
Restricted cash included in Prepaid expenses and other current assets 548 330
Balance at beginning of period 107,262 100,727
Increase/(decrease) for the period (6) 4,259
Cash and cash equivalents 107,152 104,495
Restricted cash included in Prepaid expenses and other current assets 104 491
Balance at end of period [1] 107,256 104,986
Cash paid during the period for:    
Interest 10,657 5,511
Income taxes, net of refunds $ 12,374 $ 14,075
[1] The balance as of July 31, 2023 includes held-for-sale cash, cash equivalents and restricted cash. See Note 3, "Acquisitions and Divestitures" for further details.