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Quarterly Financial Data
 12 Months Ended
Apr. 30, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
(in 000s, except per share amounts)
 
 
 
Fiscal Year 2014

 
Apr 30, 2014

 
Jan 31, 2014

 
Oct 31, 2013

 
Jul 31, 2013

Revenues
 
$
3,024,295

 
$
2,562,990

 
$
199,770

 
$
134,340

 
$
127,195

Income (loss) from continuing operations before taxes (benefit)
 
$
767,116

 
$
1,478,797

 
$
(347,825
)
 
$
(179,362
)
 
$
(184,494
)
Income taxes (benefit)
 
267,019

 
549,664

 
(135,074
)
 
(76,347
)
 
(71,224
)
Net income (loss) from continuing operations
 
500,097

 
929,133

 
(212,751
)
 
(103,015
)
 
(113,270
)
Net loss from discontinued operations
 
(24,940
)
 
(19,135
)
 
(1,960
)
 
(1,928
)
 
(1,917
)
Net income (loss)
 
$
475,157

 
$
909,998

 
$
(214,711
)
 
$
(104,943
)
 
$
(115,187
)
Basic earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.82

 
$
3.38

 
$
(0.78
)
 
$
(0.38
)
 
$
(0.42
)
Discontinued operations
 
(0.09
)
 
(0.07
)
 
—

 
(0.01
)
 
—

Consolidated
 
$
1.73

 
$
3.31

 
$
(0.78
)
 
$
(0.39
)
 
$
(0.42
)
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.81

 
$
3.36

 
$
(0.78
)
 
$
(0.38
)
 
$
(0.42
)
Discontinued operations
 
(0.09
)
 
(0.07
)
 
—

 
(0.01
)
 
—

Consolidated
 
$
1.72

 
$
3.29

 
$
(0.78
)
 
$
(0.39
)
 
$
(0.42
)
 
 
 
 
 
 
 
 
 
 
 
(in 000s, except per share amounts)
 
 
 
Fiscal Year 2013

 
Apr 30, 2013

 
Jan 31, 2013

 
Oct 31, 2012

 
Jul 31, 2012

Revenues
 
$
2,905,943

 
$
2,200,212

 
$
471,979

 
$
137,263

 
$
96,489

Income (loss) from continuing operations before taxes (benefit)
 
$
702,011

 
$
1,129,836

 
$
(96,268
)
 
$
(162,288
)
 
$
(169,269
)
Income taxes (benefit)
 
236,853

 
440,914

 
(79,353
)
 
(61,089
)
 
(63,619
)
Net income (loss) from continuing operations
 
465,158

 
688,922

 
(16,915
)
 
(101,199
)
 
(105,650
)
Net loss from discontinued operations
 
(31,210
)
 
(24,582
)
 
(793
)
 
(4,044
)
 
(1,791
)
Net income (loss)
 
$
433,948

 
$
664,340

 
$
(17,708
)
 
$
(105,243
)
 
$
(107,441
)
Basic earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.70

 
$
2.53

 
$
(0.06
)
 
$
(0.37
)
 
$
(0.38
)
Discontinued operations
 
(0.11
)
 
(0.09
)
 
(0.01
)
 
(0.02
)
 
(0.01
)
Consolidated
 
$
1.59

 
$
2.44

 
$
(0.07
)
 
$
(0.39
)
 
$
(0.39
)
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.69

 
$
2.51

 
$
(0.06
)
 
$
(0.37
)
 
$
(0.38
)
Discontinued operations
 
(0.11
)
 
(0.09
)
 
(0.01
)
 
(0.02
)
 
(0.01
)
Consolidated
 
$
1.58

 
$
2.42

 
$
(0.07
)
 
$
(0.39
)
 
$
(0.39
)
 
 
 
 
 
 
 
 
 
 
 
Because most of our clients file their tax returns during the period from February through April of each year, substantially all of our revenues from income tax return preparation and related services and products are earned during this period. As a result, we generally operate at a loss through a majority of the fiscal year. Revenues and earnings for the third and fourth quarters of fiscal year 2014 were impacted by an IRS filing delay, which shifted revenues and earnings from our third quarter to our fourth quarter.
The accumulation of four quarters in fiscal years 2014 and 2013 for earnings per share may not equal the related per share amounts for the years ended April 30, 2014 and 2013 due to the timing of the exercise of stock options and lapse of certain restrictions on nonvested shares and share units and deferred stock units and the antidilutive effect of stock options and nonvested shares and share units in the first three quarters for those years, as well as the repurchase of shares outstanding.
Information regarding H&R Block's common stock prices and dividends for fiscal years 2014 and 2013 is as follows:
 
 
Fiscal Year

 
Fourth Quarter

 
Third Quarter

 
Second Quarter

 
First Quarter

Fiscal Year 2014:
 
 
 
 
 
 
 
 
 
 
Dividends paid per share
 
$
0.80

 
$
0.20

 
$
0.20

 
$
0.20

 
$
0.20

Stock price range:
 
 
 
 
 
 
 
 
 
 
High
 
$
32.42

 
$
32.42

 
$
30.53

 
$
32.09

 
$
31.75

Low
 
25.98

 
26.92

 
27.13

 
25.98

 
27.24

Fiscal Year 2013:
 
 
 
 
 
 
 
 
 
 
Dividends paid per share
 
$
0.80

 
$
0.20

 
$
0.20

 
$
0.20

 
$
0.20

Stock price range:
 
 
 
 
 
 
 
 
 
 
High
 
$
29.68

 
$
29.68

 
$
23.19

 
$
18.04

 
$
16.88

Low
 
14.35

 
22.77

 
17.26

 
15.53

 
14.35