CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Oct. 31, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 68,154	$ 15,306
Adjustments to reconcile net income to cash flows from operating activities:
Depreciation and amortization	14,700	42
Stock-based compensation	4,795	1,707
Loss on disposal of property and equipment	3,036	0
Deferred income taxes	(1,928)	0
Net gains on investment in marketable securities	(4,474)	(7,206)
Net gains on derivative instruments	(4,219)	(2,044)
Shares issued to an employee in lieu of cash compensation	818	490
Other	(224)	(57)
Changes in operating assets and liabilities, net of acquisition:
Accounts and other receivables	(163,281)	(1,109)
Merchandise inventories	21,272	0
Textbook rental inventories	(39,836)	0
Prepaid expenses and other current assets	(1,943)	2,467
Changes in lease right-of-use assets and liabilities	1,771	231
Long-term deposits	35	(1,980)
Other assets	(22,020)	231
Accounts payable and accrued liabilities	27,736	(756)
Other current liabilities	13,347	3,845
Deferred revenue	19,579	(2,379)
Other long-term liabilities	(1,293)	(34)
Net cash flows (used in) provided by operating activities	(63,975)	8,754
Cash flows from investing activities:
Purchases of marketable securities and other investments	(47,992)	(99,766)
Proceeds from sale or maturities of marketable securities and other investments	75,443	72,442
Proceeds from sale of derivative instruments	4,122	9,487
Acquisition of business net of cash acquired	(29,647)	0
Payments for settlement of derivative instruments	(1,450)	(4,869)
Purchase of property and equipment	(5,587)	0
Proceeds from disposal of property and equipment	792	0
Net cash flows used in investing activities	(4,319)	(22,706)
Cash flows from financing activities:
Proceeds from borrowings	404,144	0
Repayment of borrowing	(327,828)	0
Proceeds from sale of Barnes & Noble Education common stock	9,412	0
Dividend payments to stockholders	(3,043)	(5,415)
Payment for purchases of treasury stock	0	(2,852)
Shares withheld to cover payroll taxes	(2,049)	(947)
Other financing activities	0	166
Net cash provided by (used in) financing activities	80,636	(9,048)
Net increase (decrease) in cash, cash equivalents and restricted cash	12,342	(23,000)
Cash, cash equivalents and restricted cash:
Beginning of period	85,521	48,820
End of period	$ 97,863	$ 25,820