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Income Taxes (Tables)
12 Months Ended
Apr. 30, 2012
Income Taxes [Abstract]  
Schedule Of Components Of Income From Continuing Operations
     (in 000s)  

Year ended April 30,

   2012      2011      2010  

Domestic

   $ 547,535       $ 590,024       $ 684,787   

Foreign

     28,535         37,679         38,627   
  

 

 

    

 

 

    

 

 

 
   $ 576,070       $ 627,703       $ 723,414   
  

 

 

    

 

 

    

 

 

 
Schedule Of Components Of Income Tax Expense (Benefit) For Continuing Operations
     (in 000s)  

Year ended April 30,

   2012      2011     2010  

Current:

       

Federal

   $ 126,773       $ 171,337      $ 95,473   

State

     21,285         40,433        23,674   

Foreign

     8,647         21,456        16,331   
  

 

 

    

 

 

   

 

 

 
     156,705         233,226        135,478   
  

 

 

    

 

 

   

 

 

 

Deferred:

       

Federal

     55,032         (1,762     104,606   

State

     18,154         3,404        28,035   

Foreign

     211         288        172   
  

 

 

    

 

 

   

 

 

 
     73,397         1,930        132,813   
  

 

 

    

 

 

   

 

 

 

Total income taxes for continuing operations

   $ 230,102       $ 235,156      $ 268,291   
  

 

 

    

 

 

   

 

 

 
Schedule Of Effective Income Tax Rate Reconciliation
$xxx,x $xxx,x $xxx,x

Year ended April 30,

   2012     2011     2010  

U.S. statutory tax rate

     35.0     35.0     35.0

Change in tax rate resulting from:

      

State income taxes, net of federal income tax benefit

     4.2     4.4     3.7

Permanent differences

     0.5     (0.6 %)      (0.8 %) 

Uncertain tax positions

     (0.6 %)      1.2     1.0

Net change in valuation allowance

     0.2     (1.4 %)      (1.1 %) 

Other

     0.6     (1.1 %)      (0.7 %) 
  

 

 

   

 

 

   

 

 

 

Effective tax rate

     39.9     37.5     37.1
  

 

 

   

 

 

   

 

 

 
Schedule Of Deferred Tax Assets And Liabilities
$xxxxxxxx $xxxxxxxx
     (in 000s)  

As of April 30,

   2012     2011  

Gross deferred tax assets:

    

Accrued expenses

   $ 21,533      $ 46,607   

Allowance for credit losses and related reserves

     102,819        94,796   

Valuation allowance

     (33,672     (47,300
  

 

 

   

 

 

 

Current

     90,680        94,103   
  

 

 

   

 

 

 

Deferred and stock-based compensation

     23,590        69,114   

Deferred revenue

     26,181        23,166   

Net operating loss carryovers

     18,202        19,850   

ASC 740 asset related to unrecognized tax benefits

     31,824        32,481   

Capital loss carryover

     85,778        150,876   

Other

     2,901        15,636   

Valuation allowance

     (43,771     (93,122
  

 

 

   

 

 

 

Noncurrent

     144,705        218,001   
  

 

 

   

 

 

 
     235,385        312,104   

Gross deferred tax liabilities:

    

Prepaid expenses

     (3,641     (1,674
  

 

 

   

 

 

 

Current

     (3,641     (1,674
  

 

 

   

 

 

 

Property and equipment

     (19,454     (11,182

Basis difference in mortgage-related investment

     (63,115     (49,751

Intangibles

     (33,935     (53,352
  

 

 

   

 

 

 

Noncurrent

     (116,504     (114,285
  

 

 

   

 

 

 

Net deferred tax assets

   $ 115,240      $ 196,145   
  

 

 

   

 

 

 
Schedule Of Reconciliation Of Unrecognized Tax Benefits
$xxxxx $xxxxx $xxxxx
     (in 000s)  

Year ended April 30,

   2012     2011     2010  

Balance, beginning of the year

   $ 154,848      $ 129,767      $ 124,605   

Additions based on tax positions related to prior years

     26,523        28,262        12,957   

Reductions based on tax positions related to prior years

     (3,858     (1,473     (2,427

Additions based on tax positions related to the current year

     42,735        3,417        3,314   

Reductions related to settlements with tax authorities

     (8,742     (7,639     (8,545

Expiration of statute of limitations

     (2,814     (315     (1,061

Foreign currency translation

     (838     1,057        924   

Other

     (1,461     1,772        —     
  

 

 

   

 

 

   

 

 

 

Balance, end of the year

   $ 206,393      $ 154,848      $ 129,767