Segment Information

12 Months Ended

Apr. 30, 2015

Segment Reporting [Abstract]

Segment Information

Management has determined our reportable segments identified below according to types of services offered and the manner in which operational decisions are made. Operating results of our reportable segments are all seasonal.

TAX SERVICES – Our Tax Services segment provides assisted and DIY tax return preparation - in-person, online, desktop software and mobile applications - and related services to the general public primarily in the U.S. and its territories, Canada, and Australia. We also offer retail banking services in the U.S. through HRB Bank, a federal savings bank. Major revenue sources include fees earned for tax preparation services performed at company-owned retail tax offices, royalties from franchise retail tax offices, sales of desktop tax preparation software, fees for online tax preparation services, fees from RTs, fees related to H&R Block Emerald Prepaid MasterCard® and interest and fees from EAs.

Our international operations contributed $231.7 million, $232.2 million and $249.0 million in revenues for fiscal years 2015, 2014 and 2013, respectively.

CORPORATE AND ELIMINATIONS – Results include net interest income and gains or losses relating to mortgage loans held for investment and residual interests in securitizations, interest expense on borrowings, other corporate expenses and eliminations of intercompany activities.

IDENTIFIABLE ASSETS – Identifiable assets are those assets, including goodwill and intangible assets, associated with a reportable segment. The remaining assets are classified as Corporate assets, which consist primarily of cash and mortgage loans held for investment. The carrying value of assets held outside the U.S. totaled $284.5 million, $303.9 million and $472.6 million as of April 30, 2015, 2014 and 2013, respectively.

Information concerning the Company's continuing operations by reportable segment is as follows:

(in 000s)
Year ended April 30,	2015			2014			2013
REVENUES :
Tax preparation fees:
U.S. assisted	$	1,865,438		$	1,794,043		$	1,712,319
International	207,772			200,152			220,870
U.S. DIY	231,854			206,516			189,341
	2,305,064			2,200,711			2,122,530
Royalties	292,743			316,153			318,386
Revenues from refund transfers	171,094			181,394			158,176
Revenues from Emerald Card®	103,300			103,730			98,896
Revenues from Peace of Mind® Extended Service Plan	81,551			89,685			71,355
Interest and fee income on Emerald Advance	57,202			56,877			59,657
Other	45,345			50,910			48,967
Total Tax Services	3,056,299			2,999,460			2,877,967
Corporate and eliminations	22,359			24,835			27,976
	$	3,078,658		$	3,024,295		$	2,905,943
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES :
Tax Services	$	823,236		$	866,367		$	821,143
Corporate and eliminations	(80,431		)	(99,251		)	(119,132		)
	$	742,805		$	767,116		$	702,011
IDENTIFIABLE ASSETS :
Tax Services	$	2,978,506		$	2,945,242		$	3,012,525
Corporate	1,536,914			1,748,287			1,525,254
	$	4,515,420		$	4,693,529		$	4,537,779