CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - UNAUDITED - USD ($) $ in Thousands		Jan. 31, 2021	Apr. 30, 2020
Current Assets
Cash and cash equivalents		$ 91,321	$ 202,464
Accounts receivable, net		278,939	309,384
Inventories, net		40,685	43,614
Prepaid expenses and other current assets		84,765	59,465
Total Current Assets		495,710	614,927
Product Development Assets, net		48,528	53,643
Royalty Advances, net		43,755	36,710
Technology, Property and Equipment, net		284,638	298,005
Intangible Assets, net		1,024,887	807,405
Goodwill		1,297,059	1,116,790
Operating Lease Right-of-Use Assets		125,287	142,716
Other Non-Current Assets		106,501	98,598
Total Assets		3,426,365	3,168,794
Current Liabilities
Accounts payable		72,937	93,691
Accrued royalties		143,884	87,408
Short-term portion of long-term debt	[1]	12,500	9,375
Contract liabilities	[2]	398,477	520,214
Accrued employment costs		103,223	108,448
Accrued income taxes		9,168	13,728
Short-term portion of operating lease liabilities		20,965	21,810
Other accrued liabilities		80,922	72,595
Total Current Liabilities		842,076	927,269
Long-Term Debt		948,241	765,650
Accrued Pension Liability		167,881	187,969
Deferred Income Tax Liabilities		164,583	119,127
Operating Lease Liabilities		153,031	159,782
Other Long-Term Liabilities		86,751	75,373
Total Liabilities		2,362,563	2,235,170
Shareholders' Equity
Preferred Stock, $1 par value: Authorized - 2 million, Issued 0		0	0
Additional paid-in-capital		441,403	431,680
Retained earnings		1,827,866	1,780,129
Accumulated other comprehensive loss, net of tax		(499,529)	(575,497)
Less Treasury shares at cost (Class A - 23,394 and 23,405 as of January 31, 2021 and April 30, 2020, respectively; Class B - 3,921 and 3,920 as of January 31, 2021 and April 30, 2020, respectively)		(789,120)	(785,870)
Total Shareholders' Equity		1,063,802	933,624
Total Liabilities and Shareholders' Equity		3,426,365	3,168,794
Class A [Member]
Shareholders' Equity
Common Stock		70,208	70,166
Class B [Member]
Shareholders' Equity
Common Stock		$ 12,974	$ 13,016

[1] Relates to our term loan A under the Amended and Restated RCA.

[2] The sales return reserve recorded in Contract Liabilities is $43.4 million and $32.8 million, as of January 31, 2021 and April 30, 2020, respectively. This increase was primarily driven by the negative impact of COVID-19 and the expected increase in print book returns.