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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Apr. 30, 2024
Apr. 30, 2023
Current assets    
Cash and cash equivalents $ 83,249 $ 106,714
Accounts receivable, net 224,198 310,121
Inventories, net 26,219 30,733
Prepaid expenses and other current assets 85,954 93,711
Current assets held-for-sale 34,422 0
Total current assets 454,042 541,279
Technology, property, and equipment, net 192,438 247,149
Intangible assets, net 615,694 854,794
Goodwill 1,091,368 1,204,050
Operating lease right-of-use assets 69,074 91,197
Other non-current assets 283,719 170,341
Non-current assets held-for-sale 19,160 0
Total assets 2,725,495 3,108,810
Current liabilities    
Accounts payable 55,659 84,325
Accrued royalties 97,173 113,423
Short-term portion of long-term debt 7,500 5,000
Contract liabilities 483,778 504,695
Accrued employment costs 96,980 80,458
Short-term portion of operating lease liabilities 18,294 19,673
Other accrued liabilities 76,266 87,979
Current liabilities held-for-sale 37,632 0
Total current liabilities 873,282 895,553
Long-term debt 767,096 743,292
Accrued pension liability 70,832 86,304
Deferred income tax liabilities 106,054 144,042
Deferred income tax liabilities 97,186 144,042
Operating lease liabilities 94,386 115,540
Other long-term liabilities 71,760 79,052
Long-term liabilities held-for-sale 11,237 0
Total liabilities 1,985,779 2,063,783
Commitments and contingencies (Note 16)
Shareholders’ equity    
Preferred stock, $1 par value: Authorized – 2 million, Issued – 0 0 0
Additional paid-in capital 474,406 469,802
Retained earnings 1,583,348 1,860,872
Accumulated other comprehensive loss:    
Foreign currency translation adjustment (333,827) (326,346)
Unamortized retirement costs, net of tax (200,922) (206,806)
Unrealized gain on interest rate swaps, net of tax 6,310 4,250
Total accumulated other comprehensive loss, net of tax (528,439) (528,902)
Less: treasury shares at cost (Class A – 24,828 and 23,983 as of April 30, 2024 and 2023, respectively, Class B – 3,928 and 3,925 as of April 30, 2024 and 2023, respectively) (872,781) (839,927)
Total shareholders’ equity 739,716 1,045,027
Total liabilities and shareholders’ equity 2,725,495 3,108,810
Class A    
Shareholders’ equity    
Common stock 70,259 70,231
Class B    
Shareholders’ equity    
Common stock $ 12,923 $ 12,951