Condensed Consolidating Financial Statements (Tables)

9 Months Ended

Jan. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule Of Condensed Consolidating Statement Of Operations [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS													(in 000s)
Nine months ended January 31, 2016	H&R Block, Inc. (Guarantor)			Block Financial (Issuer)			Other Subsidiaries			Eliminations			Consolidated H&R Block
Total revenues	$	—		$	91,239		$	651,125		$	(1,688	)	$	740,676
Cost of revenues	—			59,122			774,985			(1,685		)	832,422
Selling, general and administrative	3,535			18,847			413,532			(3		)	435,911
Total operating expenses	3,535			77,969			1,188,517			(1,688		)	1,268,333
Other income, net	1,731			17,878			4,734			(10,350		)	13,993
Interest expense on external borrowings	—			(45,988		)	(341		)	—			(46,329		)
Other expenses, net	(326,631		)	(3,956		)	(16,939		)	336,191			(11,335		)
Loss from continuing operations before tax benefit	(328,435		)	(18,796		)	(549,938		)	325,841			(571,328		)
Income tax benefit	(2,040		)	(25,922		)	(225,694		)	—			(253,656		)
Net income (loss) from continuing operations	(326,395		)	7,126			(324,244		)	325,841			(317,672		)
Net loss from discontinued operations	—			(8,721		)	(2		)	—			(8,723		)
Net loss	(326,395		)	(1,595		)	(324,246		)	325,841			(326,395		)
Other comprehensive loss	(22,589		)	(8,444		)	(22,589		)	31,033			(22,589		)
Comprehensive loss	$	(348,984	)	$	(10,039	)	$	(346,835	)	$	356,874		$	(348,984	)

Nine months ended January 31, 2015	H&R Block, Inc. (Guarantor)			Block Financial (Issuer)			Other Subsidiaries			Eliminations			Consolidated H&R Block
Total revenues	$	—		$	107,233		$	672,000		$	(1,945	)	$	777,288
Cost of revenues	—			66,063			749,978			(1,940		)	814,101
Selling, general and administrative	—			12,598			371,533			(5		)	384,126
Total operating expenses	—			78,661			1,121,511			(1,945		)	1,198,227
Other income, net	3,461			2,366			1,373			(6,373		)	827
Interest expense on external borrowings	—			(36,388		)	(298		)	—			(36,686		)
Other expenses, net	(268,160		)	(2,186		)	(14,251		)	274,141			(10,456		)
Loss from continuing operations before taxes (benefit)	(264,699		)	(7,636		)	(462,687		)	267,768			(467,254		)
Income taxes (benefit)	479			(19,486		)	(190,858		)	—			(209,865		)
Net income (loss) from continuing operations	(265,178		)	11,850			(271,829		)	267,768			(257,389		)
Net income (loss) from discontinued operations	—			(11,458		)	3,669			—			(7,789		)
Net income (loss)	(265,178		)	392			(268,160		)	267,768			(265,178		)
Other comprehensive income (loss)	(6,440		)	7,765			(6,440		)	(1,325		)	(6,440		)
Comprehensive income (loss)	$	(271,618	)	$	8,157		$	(274,600	)	$	266,443		$	(271,618	)

Schedule Of Condensed Consolidating Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEETS											(in 000s)
As of January 31, 2015	H&R Block, Inc. (Guarantor)		Block Financial (Issuer)		Other Subsidiaries			Eliminations			Consolidated H&R Block
Cash & cash equivalents	$	—	$	969,387	$	352,015		$	(268	)	$	1,321,134
Cash & cash equivalents - restricted	—		3,459		47,626			—			51,085
Receivables, net	—		436,907		340,546			—			777,453
Deferred tax assets and income taxes receivable	—		79,064		163,300			(74,538		)	167,826
Prepaid expenses and other current assets	—		10,426		82,550			—			92,976
Investments in AFS securities	—		367,745		100			—			367,845
Total current assets	—		1,866,988		986,137			(74,806		)	2,778,319
Mortgage loans held for investment, net	—		245,663		—			—			245,663
Property and equipment, net	—		136		308,669			—			308,805
Intangible assets, net	—		—		443,329			—			443,329
Goodwill	—		—		442,961			—			442,961
Deferred tax assets and income taxes receivable	—		27,505		(14,064		)	—			13,441
Investments in subsidiaries	635,258		—		69,988			(705,246		)	—
Amounts due from affiliates	513,204		459,955		1,029			(974,188		)	—
Other noncurrent assets	—		104,869		41,554			—			146,423
Total assets	$	1,148,462	$	2,705,116	$	2,279,603		$	(1,754,240	)	$	4,378,941
Commercial paper borrowings	$	—	$	591,486	$	—		$	—		$	591,486
Customer banking deposits	—		1,286,484		—			(268		)	1,286,216
Accounts payable and accrued expenses	1,048		7,216		164,064			—			172,328
Accrued salaries, wages and payroll taxes	—		1,929		116,583			—			118,512
Accrued income taxes and reserves for uncertain tax positions	—		53,655		22,502			(74,538		)	1,619
Current portion of long-term debt	—		—		781			—			781
Deferred revenue and other current liabilities	—		170,981		129,181			—			300,162
Total current liabilities	1,048		2,111,751		433,111			(74,806		)	2,471,104
Long-term debt	—		497,823		7,637			—			505,460
Deferred tax liabilities and reserves for uncertain tax positions	—		23,791		120,245			—			144,036
Deferred revenue and other noncurrent liabilities	—		1,763		110,193			—			111,956
Amounts due to affiliates	1,029		—		973,159			(974,188		)	—
Total liabilities	2,077		2,635,128		1,644,345			(1,048,994		)	3,232,556
Stockholders' equity	1,146,385		69,988		635,258			(705,246		)	1,146,385
Total liabilities and stockholders' equity	$	1,148,462	$	2,705,116	$	2,279,603		$	(1,754,240	)	$	4,378,941

CONDENSED CONSOLIDATING BALANCE SHEETS										(in 000s)
As of April 30, 2015	H&R Block, Inc. (Guarantor)		Block Financial (Issuer)		Other Subsidiaries		Eliminations			Consolidated H&R Block
Cash & cash equivalents	$	—	$	478,077	$	1,529,553	$	(440	)	$	2,007,190
Cash & cash equivalents - restricted	—		45,098		46,874		—			91,972
Receivables, net	—		80,332		87,632		—			167,964
Deferred tax assets and income taxes receivable	—		77,418		96,849		—			174,267
Prepaid expenses and other current assets	—		7,771		62,512		—			70,283
Investments in AFS securities	—		434,924		4,701		—			439,625
Total current assets	—		1,123,620		1,828,121		(440		)	2,951,301
Mortgage loans held for investment, net	—		239,338		—		—			239,338
Property and equipment, net	—		218		311,169		—			311,387
Intangible assets, net	—		—		432,142		—			432,142
Goodwill	—		—		441,831		—			441,831
Deferred tax assets and income taxes receivable	—		44,788		—		(31,327		)	13,461
Investments in subsidiaries	1,371,677		—		116,870		(1,488,547		)	—
Amounts due from affiliates	463,434		134,094		1,058		(598,586		)	—
Other noncurrent assets	—		81,075		44,885		—			125,960
Total assets	$	1,835,111	$	1,623,133	$	3,176,076	$	(2,118,900	)	$	4,515,420
Customer banking deposits	$	—	$	744,681	$	—	$	(440	)	$	744,241
Accounts payable and accrued expenses	1,104		7,672		222,546		—			231,322
Accrued salaries, wages and payroll taxes	—		1,946		142,798		—			144,744
Accrued income taxes and reserves for uncertain tax positions	—		49,529		385,155		—			434,684
Current portion of long-term debt	—		—		790		—			790
Deferred revenue and other current liabilities	—		177,063		145,445		—			322,508
Total current liabilities	1,104		980,891		896,734		(440		)	1,878,289
Long-term debt	—		497,893		7,405		—			505,298
Deferred tax liabilities and reserves for uncertain tax positions	—		25,696		148,217		(31,327		)	142,586
Deferred revenue and other noncurrent liabilities	—		1,783		154,515		—			156,298
Amounts due to affiliates	1,058		—		597,528		(598,586		)	—
Total liabilities	2,162		1,506,263		1,804,399		(630,353		)	2,682,471
Stockholders' equity	1,832,949		116,870		1,371,677		(1,488,547		)	1,832,949
Total liabilities and stockholders' equity	$	1,835,111	$	1,623,133	$	3,176,076	$	(2,118,900	)	$	4,515,420

Schedule of Condensed Consolidating Statement of Cash Flows [Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS													(in 000s)
Nine months ended January 31, 2016	H&R Block, Inc. (Guarantor)			Block Financial (Issuer)			Other Subsidiaries			Eliminations			Consolidated H&R Block
Net cash used in operating activities:	$	—		$	(403,132	)	$	(1,023,817	)	$	—		$	(1,426,949	)
Cash flows from investing:
Sales, maturities of and payments received on AFS securities	—			430,460			5,920			—			436,380
Principal payments on mortgage loans held for investment, net	—			24,664			—			—			24,664
Capital expenditures	—			(24		)	(66,394		)	—			(66,418		)
Payments made for business acquisitions, net of cash acquired	—			—			(85,329		)	—			(85,329		)
Loans made to franchisees	—			(20,940		)	(437		)	—			(21,377		)
Repayments from franchisees	—			22,006			228			—			22,234
Intercompany payments/investments in subsidiaries	—			(1,871,617		)	(2,024,025		)	3,895,642			—
Other, net	—			(5,455		)	9,342			—			3,887
Net cash provided by (used in) investing activities	—			(1,420,906		)	(2,160,695		)	3,895,642			314,041
Cash flows from financing:
Repayments of long-term debt	—			(225,000		)	—			—			(225,000		)
Proceeds from long-term debt	—			2,346,831			—			—			2,346,831
Customer banking deposits, net	—			(327,145		)	—			440			(326,705		)
Transfer of HRB Bank deposits	—			(419,028		)	—			—			(419,028		)
Dividends paid	(157,530		)	—			—			—			(157,530		)
Repurchase of common stock, including shares surrendered	(1,888,595		)	—			—			—			(1,888,595		)
Proceeds from exercise of stock options	25,803			—			—			—			25,803
Intercompany borrowings	2,024,025			—			1,871,617			(3,895,642		)	—
Other, net	(3,703		)	(19,282		)	(20,987		)	—			(43,972		)
Net cash provided by (used in) financing activities	—			1,356,376			1,850,630			(3,895,202		)	(688,196		)
Effects of exchange rates on cash	—			—			(16,575		)	—			(16,575		)
Net decrease in cash and cash equivalents	—			(467,662		)	(1,350,457		)	440			(1,817,679		)
Cash and cash equivalents at beginning of the period	—			478,077			1,529,553			(440		)	2,007,190
Cash and cash equivalents at end of the period	$	—		$	10,415		$	179,096		$	—		$	189,511

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS													(in 000s)
Nine months ended January 31, 2015	H&R Block, Inc. (Guarantor)			Block Financial (Issuer)			Other Subsidiaries			Eliminations			Consolidated H&R Block
Net cash used in operating activities:	$	—		$	(290,104	)	$	(957,096	)	$	—		$	(1,247,200	)
Cash flows from investing:
Sales, maturities of and payments received on AFS securities	—			68,013			—			—			68,013
Principal payments on mortgage loans held for investment, net	—			18,098			—			—			18,098
Capital expenditures	—			(119		)	(98,757		)	—			(98,876		)
Payments made for business acquisitions, net of cash acquired	—			—			(112,163		)	—			(112,163		)
Loans made to franchisees	—			(47,835		)	(178		)	—			(48,013		)
Repayments from franchisees	—			33,927			237			—			34,164
Intercompany payments/investments in subsidiaries	—			(128,713		)	(159,234		)	287,947			—
Other, net	—			(1,925		)	8,004			—			6,079
Net cash used in investing activities	—			(58,554		)	(362,091		)	287,947			(132,698		)
Cash flows from financing:
Repayments of commercial paper and other short-term borrowings	—			(457,576		)	—			—			(457,576		)
Proceeds from commercial paper and other short-term borrowings	—			1,049,062			—			—			1,049,062
Repayments of long-term debt	—			(400,000		)	—			—			(400,000		)
Customer banking deposits, net	—			514,183			—			832			515,015
Dividends paid	(164,905		)	—			—			—			(164,905		)
Repurchase of common stock, including shares surrendered	(10,355		)	—			—			—			(10,355		)
Proceeds from exercise of stock options	16,026			—			—			—			16,026
Intercompany borrowings	159,234			—			128,713			(287,947		)	—
Other, net	—			—			(15,993		)	—			(15,993		)
Net cash provided by financing activities	—			705,669			112,720			(287,115		)	531,274
Effects of exchange rates on cash	—			—			(15,549		)	—			(15,549		)
Net increase (decrease) in cash and cash equivalents	—			357,011			(1,222,016		)	832			(864,173		)
Cash and cash equivalents at beginning of the period	—			612,376			1,574,031			(1,100		)	2,185,307
Cash and cash equivalents at end of the period	$	—		$	969,387		$	352,015		$	(268	)	$	1,321,134