XML 43 R26.htm IDEA: XBRL DOCUMENT v3.5.0.1
Quarterly Financial Data
 12 Months Ended
Apr. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
(in 000s, except per share amounts)
 
 
 
Fiscal Year 2016

 
Apr 30, 2016

 
Jan 31, 2016

 
Oct 31, 2015

 
Jul 31, 2015

Revenues
 
$
3,038,153

 
$
2,297,477

 
$
474,543

 
$
128,415

 
$
137,718

Income (loss) from continuing operations before taxes (benefit)
 
$
569,479

 
$
1,140,807

 
$
(146,500
)
 
$
(237,719
)
 
$
(187,109
)
Income taxes (benefit)
 
185,926

 
439,582

 
(67,851
)
 
(95,201
)
 
(90,604
)
Net income (loss) from continuing operations
 
383,553

 
701,225

 
(78,649
)
 
(142,518
)
 
(96,505
)
Net loss from discontinued operations
 
(9,286
)
 
(563
)
 
(3,080
)
 
(2,489
)
 
(3,154
)
Net income (loss)
 
$
374,267

 
$
700,662

 
$
(81,729
)
 
$
(145,007
)
 
$
(99,659
)
Basic earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.54

 
$
3.15

 
$
(0.34
)
 
$
(0.54
)
 
$
(0.35
)
Discontinued operations
 
(0.04
)
 
—

 
(0.01
)
 
(0.01
)
 
(0.01
)
Consolidated
 
$
1.50

 
$
3.15

 
$
(0.35
)
 
$
(0.55
)
 
$
(0.36
)
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.53

 
$
3.13

 
$
(0.34
)
 
$
(0.54
)
 
$
(0.35
)
Discontinued operations
 
(0.04
)
 
—

 
(0.01
)
 
(0.01
)
 
(0.01
)
Consolidated
 
$
1.49

 
$
3.13

 
$
(0.35
)
 
$
(0.55
)
 
$
(0.36
)
 
 
 
 
 
 
 
 
 
 
 
(in 000s, except per share amounts)
 
 
 
Fiscal Year 2015

 
Apr 30, 2015

 
Jan 31, 2015

 
Oct 31, 2014

 
Jul 31, 2014

Revenues
 
$
3,078,658

 
$
2,301,370

 
$
509,074

 
$
134,628

 
$
133,586

Income (loss) from continuing operations before taxes (benefit)
 
$
742,805

 
$
1,210,059

 
$
(90,865
)
 
$
(200,573
)
 
$
(175,816
)
Income taxes (benefit)
 
256,061

 
465,926

 
(55,554
)
 
(87,346
)
 
(66,965
)
Net income (loss) from continuing operations
 
486,744

 
744,133

 
(35,311
)
 
(113,227
)
 
(108,851
)
Net income (loss) from discontinued operations
 
(13,081
)
 
(5,292
)
 
(1,637
)
 
1,229

 
(7,381
)
Net income (loss)
 
$
473,663

 
$
738,841

 
$
(36,948
)
 
$
(111,998
)
 
$
(116,232
)
Basic earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.77

 
$
2.70

 
$
(0.13
)
 
$
(0.41
)
 
$
(0.40
)
Discontinued operations
 
(0.05
)
 
(0.02
)
 
—

 
—

 
(0.02
)
Consolidated
 
$
1.72

 
$
2.68

 
$
(0.13
)
 
$
(0.41
)
 
$
(0.42
)
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.75

 
$
2.68

 
$
(0.13
)
 
$
(0.41
)
 
$
(0.40
)
Discontinued operations
 
(0.04
)
 
(0.02
)
 
—

 
—

 
(0.02
)
Consolidated
 
$
1.71

 
$
2.66

 
$
(0.13
)
 
$
(0.41
)
 
$
(0.42
)
 
 
 
 
 
 
 
 
 
 
 
Because most of our clients file their tax returns during the period from January 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.
The accumulation of four quarters in fiscal years 2016 and 2015 for earnings per share may not equal the related per share amounts for the years ended April 30, 2016 and 2015 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.
Information regarding H&R Block's common stock prices and dividends for fiscal years 2016 and 2015 is as follows:
 
 
Fiscal Year

 
Fourth Quarter

 
Third Quarter

 
Second Quarter

 
First Quarter

Fiscal Year 2016:
 
 
 
 
 
 
 
 
 
 
Dividends paid per share
 
$
0.80

 
$
0.20

 
$
0.20

 
$
0.20

 
$
0.20

Stock price range:
 
 
 
 
 
 
 
 
 
 
High
 
$
37.53

 
$
35.14

 
$
37.53

 
$
37.50

 
$
34.62

Low
 
19.75

 
19.75

 
31.00

 
31.03

 
29.15

Fiscal Year 2015:
 
 
 
 
 
 
 
 
 
 
Dividends paid per share
 
$
0.80

 
$
0.20

 
$
0.20

 
$
0.20

 
$
0.20

Stock price range:
 
 
 
 
 
 
 
 
 
 
High
 
$
35.80

 
$
35.80

 
$
35.09

 
$
33.92

 
$
33.65

Low
 
27.23

 
30.10

 
31.41

 
27.42

 
27.23