Income Taxes (Tables)

12 Months Ended

Apr. 30, 2015

Income Tax Disclosure [Abstract]

Schedule Of Components Of Income From Continuing Operations

The components of income from continuing operations upon which domestic and foreign income taxes have been provided are as follows:

(in 000s)
Year ended April 30,	2015		2014		2013
Domestic	$	682,744	$	754,036	$	664,966
Foreign	60,061		13,080		37,045
	$	742,805	$	767,116	$	702,011

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

The components of income tax expense (benefit) for continuing operations are as follows:

(in 000s)
Year ended April 30,	2015			2014			2013
Current:
Federal	$	245,473		$	195,277		$	219,411
State	31,501			33,274			43,116
Foreign	9,788			6,749			3,173
	286,762			235,300			265,700
Deferred:
Federal	(30,181		)	28,624			(29,258		)
State	(4,040		)	5,475			(69		)
Foreign	3,520			(2,380		)	480
	(30,701		)	31,719			(28,847		)
Total income taxes for continuing operations	$	256,061		$	267,019		$	236,853

Schedule Of Effective Income Tax Rate Reconciliation

The reconciliation between the income tax provision and the amount computed by applying the statutory federal tax rate of 35% to income taxes of continuing operations is as follows:

Year ended April 30,	2015		2014		2013
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	3.5	%	3.8	%	4.0	%
Earnings taxed in foreign jurisdictions	(1.8	)%	(0.2	)%	(0.4	)%
Permanent differences	(0.3	)%	0.1	%	(0.1	)%
Uncertain tax positions	(1.0	)%	(5.6	)%	(4.1	)%
Change in valuation allowance	0.2	%	1.5	%	(1.0	)%
Other	(1.1	)%	0.2	%	0.3	%
Effective tax rate	34.5	%	34.8	%	33.7	%

Schedule Of Deferred Tax Assets And Liabilities

The significant components of deferred tax assets and liabilities are reflected in the following table:

(in 000s)
As of April 30,	2015			2014
Gross deferred tax assets:
Accrued expenses	$	9,301		$	11,541
Deferred revenue	32,392			22,511
Allowance for credit losses and related reserves	107,554			115,145
Internally-developed software	46,376			—
Valuation allowance	(15,735		)	(10,837		)
Current	179,888			138,360
Deferred and stock-based compensation	21,776			21,348
Deferred revenue	7,212			8,090
Net operating loss carry-forward	27,285			21,434
Federal tax benefits related to state unrecognized tax benefits	26,862			28,601
Other	7,278			9,861
Valuation allowance	(9,202		)	(8,339		)
Noncurrent	81,211			80,995
	261,099			219,355
Gross deferred tax liabilities:
Prepaid expenses	(5,621		)	(3,033		)
Current	(5,621		)	(3,033		)
Property and equipment	(25,589		)	(28,610		)
Mortgage-related investment	(1,674		)	(15,441		)
Intangibles	(93,700		)	(59,881		)
Noncurrent	(120,963		)	(103,932		)
Net deferred tax assets	$	134,515		$	112,390

Schedule Of Reconciliation Of Unrecognized Tax Benefits

Changes in unrecognized tax benefits for fiscal years 2015, 2014 and 2013 are as follows:

(in 000s)
Year ended April 30,	2015			2014			2013
Balance, beginning of the year	$	111,491		$	146,391		$	206,393
Additions based on tax positions related to prior years	15,510			9,743			11,867
Reductions based on tax positions related to prior years	(38,783		)	(25,403		)	(49,493		)
Additions based on tax positions related to the current year	22,319			7,399			2,314
Reductions related to settlements with tax authorities	(10,450		)	(23,993		)	(25,259		)
Expiration of statute of limitations	(11,423		)	(11,853		)	(702		)
Foreign currency translation	—			—			(278		)
Other	(2,396		)	9,207			1,549
Balance, end of the year	$	86,268		$	111,491		$	146,391