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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2023
Oct. 31, 2022
Operating activities        
Net (loss) income $ (19,445) $ 38,193 $ (111,709) $ 20,358
Adjustments to reconcile net (loss) income to net cash used in operating activities:        
Impairment of goodwill 0 0 26,695 0
Impairment charge related to assets held-for-sale and loss on sale of a business 51,414 0 127,343 0
Amortization of intangible assets 13,565 20,110 29,213 45,421
Amortization of product development assets     12,937 16,452
Depreciation and amortization of technology, property and equipment     41,752 48,827
Restructuring and related charges 25,102 13,956 37,225 36,397
Stock-based compensation expense 6,500 6,900 12,801 13,998
Employee retirement plan expense     17,590 14,622
Foreign exchange transaction losses 2,357 (478) 3,977 138
Gain on sale of certain assets     0 (40)
Other noncash credits     (39,895) (8,514)
Net change in operating assets and liabilities     (241,415) (263,855)
Net cash used in operating activities     (83,486) (76,196)
Investing activities        
Product development spending     (8,168) (11,445)
Additions to technology, property and equipment     (40,321) (38,530)
Businesses acquired in purchase transactions, net of cash acquired     (1,500) (96)
Proceeds related to the sale of a business     1,025 40
Acquisitions of publication rights and other     (2,953) 1,738
Net cash used in investing activities     (51,917) (48,293)
Financing activities        
Repayments of long-term debt     (381,640) (208,925)
Borrowings of long-term debt     579,871 437,311
Purchases of treasury shares     (22,500) (17,500)
Change in book overdrafts     (2,733) (15,771)
Cash dividends     (38,691) (38,749)
Impact of tax withholding on stock-based compensation and other     (4,605) (4,763)
Net cash provided by financing activities     129,702 151,603
Effects of exchange rate changes on cash, cash equivalents, and restricted cash     (1,943) (8,784)
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
(Decrease)/increase for the period     (7,644) 18,330
Cash and cash equivalents 99,515 118,423 99,515 118,423
Restricted cash included in Prepaid expenses and other current assets 103 634 103 634
Balance at end of period [1] $ 99,618 $ 119,057 99,618 119,057
Cash paid during the period for:        
Interest     22,933 14,077
Income taxes, net of refunds     $ 26,423 $ 25,349
[1]
The balance as of October 31, 2023 includes held-for-sale cash, cash equivalents and restricted cash. See Note 3, "Acquisitions and Divestitures" for further details.