Condensed Consolidating Financial Statements (Tables)

3 Months Ended

Jul. 31, 2016

Jul. 31, 2015

Condensed Financial Statements, Captions [Line Items]

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

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS													(in 000s)
Three months ended July 31, 2016	H&R Block, Inc. (Guarantor)			Block Financial (Issuer)			Other Subsidiaries			Eliminations			Consolidated H&R Block
Total revenues	$	—		$	15,504		$	109,800		$	(119	)	$	125,185
Cost of revenues	—			8,606			202,599			(119		)	211,086
Selling, general and administrative	—			2,480			96,343			—			98,823
Total operating expenses	—			11,086			298,942			(119		)	309,909
Other income, net	—			3,679			4,684			(5,395		)	2,968
Interest expense on external borrowings	—			(21,314		)	(152		)	—			(21,466		)
Other expenses, net	(124,662		)	(2,853		)	(14,314		)	141,502			(327		)
Loss from continuing operations before tax benefit	(124,662		)	(16,070		)	(198,924		)	136,107			(203,549		)
Income tax benefit	(989		)	(5,794		)	(75,740		)	—			(82,523		)
Net loss from continuing operations	(123,673		)	(10,276		)	(123,184		)	136,107			(121,026		)
Net loss from discontinued operations	—			(2,646		)	(1		)	—			(2,647		)
Net loss	(123,673		)	(12,922		)	(123,185		)	136,107			(123,673		)
Other comprehensive loss	(3,571		)	—			(3,571		)	3,571			(3,571		)
Comprehensive loss	$	(127,244	)	$	(12,922	)	$	(126,756	)	$	139,678		$	(127,244	)

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS													(in 000s)
Three months ended July 31, 2015	H&R Block, Inc. (Guarantor)			Block Financial (Issuer)			Other Subsidiaries			Eliminations			Consolidated H&R Block
Total revenues	$	—		$	24,767		$	113,044		$	(93	)	$	137,718
Cost of revenues	—			11,755			201,846			(93		)	213,508
Selling, general and administrative	—			4,376			93,816			—			98,192
Total operating expenses	—			16,131			295,662			(93		)	311,700
Other income, net	909			495			554			(1,525		)	433
Interest expense on external borrowings	—			(8,436		)	(139		)	—			(8,575		)
Other expenses, net	(102,593		)	(468		)	(12,255		)	110,331			(4,985		)
Income (loss) from continuing operations before taxes (benefit)	(101,684		)	227			(194,458		)	108,806			(187,109		)
Income taxes (benefit)	(2,025		)	3,286			(91,865		)	—			(90,604		)
Net loss from continuing operations	(99,659		)	(3,059		)	(102,593		)	108,806			(96,505		)
Net loss from discontinued operations	—			(3,154		)	—			—			(3,154		)
Net loss	(99,659		)	(6,213		)	(102,593		)	108,806			(99,659		)
Other comprehensive loss	(9,974		)	(1,187		)	(9,974		)	11,161			(9,974		)
Comprehensive loss	$	(109,633	)	$	(7,400	)	$	(112,567	)	$	119,967		$	(109,633	)

Schedule Of Condensed Consolidating Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEETS										(in 000s)
As of July 31, 2015	H&R Block, Inc. (Guarantor)		Block Financial (Issuer)		Other Subsidiaries		Eliminations			Consolidated H&R Block
Cash & cash equivalents	$	—	$	286,165	$	1,013,707	$	(490	)	$	1,299,382
Cash & cash equivalents - restricted	—		11,806		49,234		—			61,040
Receivables, net	1		77,539		25,654		—			103,194
Deferred tax assets and income taxes receivable	—		78,184		82,206		—			160,390
Prepaid expenses and other current assets	—		6,374		74,176		—			80,550
Investments in AFS securities	—		404,221		2,139		—			406,360
Total current assets	1		864,289		1,247,116		(490		)	2,110,916
Mortgage loans held for investment, net	—		230,130		—		—			230,130
Property and equipment, net	—		210		297,111		—			297,321
Intangible assets, net	—		—		417,009		—			417,009
Goodwill	—		—		454,394		—			454,394
Deferred tax assets and income taxes receivable	—		41,328		—		(29,951		)	11,377
Investments in subsidiaries	1,259,110		—		108,582		(1,367,692		)	—
Amounts due from affiliates	412,924		131,889		1,423		(546,236		)	—
Other noncurrent assets	—		69,215		39,092		—			108,307
Total assets	$	1,672,035	$	1,337,061	$	2,564,727	$	(1,944,369	)	$	3,629,454
Customer banking deposits	$	—	$	477,222	$	—	$	(490	)	$	476,732
Accounts payable and accrued expenses	1,206		6,679		108,970		—			116,855
Accrued salaries, wages and payroll taxes	—		2,293		31,154		—			33,447
Accrued income taxes and reserves for uncertain tax positions	—		49,240		196,301		—			245,541
Current portion of long-term debt	—		—		799		—			799
Deferred revenue and other current liabilities	—		169,900		146,980		—			316,880
Total current liabilities	1,206		705,334		484,204		(490		)	1,190,254
Long-term debt	—		494,727		7,233		—			501,960
Deferred tax liabilities and reserves for uncertain tax positions	—		26,737		140,817		(29,951		)	137,603
Deferred revenue and other noncurrent liabilities	—		1,660		128,550		—			130,210
Amounts due to affiliates	1,402		21		544,813		(546,236		)	—
Total liabilities	2,608		1,228,479		1,305,617		(576,677		)	1,960,027
Stockholders' equity	1,669,427		108,582		1,259,110		(1,367,692		)	1,669,427
Total liabilities and stockholders' equity	$	1,672,035	$	1,337,061	$	2,564,727	$	(1,944,369	)	$	3,629,454

CONDENSED CONSOLIDATING BALANCE SHEETS										(in 000s)
As of April 30, 2016	H&R Block, Inc. (Guarantor)		Block Financial (Issuer)		Other Subsidiaries		Eliminations			Consolidated H&R Block
Cash & cash equivalents	$	—	$	9,025	$	887,776	$	—		$	896,801
Cash & cash equivalents - restricted	—		29,004		75,106		—			104,110
Receivables, net	—		71,882		81,234		—			153,116
Prepaid expenses and other current assets	—		6,925		58,516		—			65,441
Investments in AFS securities	—		—		1,133		—			1,133
Total current assets	—		116,836		1,103,765		—			1,220,601
Mortgage loans held for investment, net	—		202,385		—		—			202,385
Property and equipment, net	—		136		293,429		—			293,565
Intangible assets, net	—		—		433,885		—			433,885
Goodwill	—		—		470,757		—			470,757
Deferred tax assets and income taxes receivable	5,917		77,270		36,936		—			120,123
Investments in subsidiaries	1,738,643		—		108,995		(1,847,638		)	—
Amounts due from affiliates	—		1,307,612		1,714,009		(3,021,621		)	—
Other noncurrent assets	—		62,806		43,103		—			105,909
Total assets	$	1,744,560	$	1,767,045	$	4,204,879	$	(4,869,259	)	$	2,847,225
Accounts payable and accrued expenses	$	1,531	$	18,596	$	239,459	$	—		$	259,586
Accrued salaries, wages and payroll taxes	—		1,766		160,020		—			161,786
Accrued income taxes and reserves for uncertain tax positions	—		52,976		320,778		—			373,754
Current portion of long-term debt	—		—		826		—			826
Deferred revenue and other current liabilities	—		87,982		155,671		—			243,653
Total current liabilities	1,531		161,320		876,754		—			1,039,605
Long-term debt	—		1,484,766		6,609		—			1,491,375
Deferred tax liabilities and reserves for uncertain tax positions	5,917		10,786		116,257		—			132,960
Deferred revenue and other noncurrent liabilities	—		1,178		159,004		—			160,182
Amounts due to affiliates	1,714,009		—		1,307,612		(3,021,621		)	—
Total liabilities	1,721,457		1,658,050		2,466,236		(3,021,621		)	2,824,122
Stockholders' equity	23,103		108,995		1,738,643		(1,847,638		)	23,103
Total liabilities and stockholders' equity	$	1,744,560	$	1,767,045	$	4,204,879	$	(4,869,259	)	$	2,847,225

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

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS													(in 000s)
Three months ended July 31, 2016	H&R Block, Inc. (Guarantor)			Block Financial (Issuer)			Other Subsidiaries			Eliminations			Consolidated H&R Block
Net cash used in operating activities:	$	—		$	(57,939	)	$	(417,736	)	$	—		$	(475,675	)
Cash flows from investing:
Sales, maturities of and payments received on AFS securities	—			58			—			—			58
Principal payments on mortgage loans held for investment, net	—			8,427			—			—			8,427
Capital expenditures	—			(5		)	(6,241		)	—			(6,246		)
Payments made for business acquisitions, net of cash acquired	—			—			(1,635		)	—			(1,635		)
Loans made to franchisees	—			(2,202		)	(17		)	—			(2,219		)
Repayments from franchisees	—			6,305			168			—			6,473
Intercompany borrowings (payments)	—			40,217			(92,187		)	51,970			—
Other, net	—			16			204			—			220
Net cash provided by (used in) investing activities	—			52,816			(99,708		)	51,970			5,078
Cash flows from financing:
Dividends paid	(48,514		)	—			—			—			(48,514		)
Repurchase of common stock, including shares surrendered	(45,312		)	—			—			—			(45,312		)
Proceeds from exercise of stock options	1,639			—			—			—			1,639
Intercompany borrowings (payments)	92,187			—			(40,217		)	(51,970		)	—
Other, net	—			—			(24,779		)	—			(24,779		)
Net cash provided by (used in) financing activities	—			—			(64,996		)	(51,970		)	(116,966		)
Effects of exchange rates on cash	—			—			(2,367		)	—			(2,367		)
Net decrease in cash and cash equivalents	—			(5,123		)	(584,807		)	—			(589,930		)
Cash and cash equivalents at beginning of the period	—			9,025			887,776			—			896,801
Cash and cash equivalents at end of the period	$	—		$	3,902		$	302,969		$	—		$	306,871

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS													(in 000s)
Three months ended July 31, 2015	H&R Block, Inc. (Guarantor)			Block Financial (Issuer)			Other Subsidiaries			Eliminations			Consolidated H&R Block
Net cash provided by (used in) operating activities:	$	—		$	27,342		$	(405,588	)	$	—		$	(378,246	)
Cash flows from investing:
Sales, maturities of and payments received on AFS securities	—			28,339			3,764			—			32,103
Principal payments on mortgage loans held for investment, net	—			8,537			—			—			8,537
Capital expenditures	—			(19		)	(8,670		)	—			(8,689		)
Payments made for business acquisitions, net of cash acquired	—			—			(12,271		)	—			(12,271		)
Loans made to franchisees	—			(2,582		)	—			—			(2,582		)
Repayments from franchisees	—			11,288			146			—			11,434
Intercompany borrowings (payments)	—			2,226			(59,804		)	57,578			—
Other, net	—			1,439			2,123			—			3,562
Net cash provided by (used in) investing activities	—			49,228			(74,712		)	57,578			32,094
Cash flows from financing:
Customer banking deposits, net	—			(268,482		)	—			(50		)	(268,532		)
Dividends paid	(55,063		)	—			—			—			(55,063		)
Repurchase of common stock, including shares surrendered	(17,756		)	—			—			—			(17,756		)
Proceeds from exercise of stock options	13,015			—			—			—			13,015
Intercompany borrowings (payments)	59,804			—			(2,226		)	(57,578		)	—
Other, net	—			—			(22,413		)	—			(22,413		)
Net cash used in financing activities	—			(268,482		)	(24,639		)	(57,628		)	(350,749		)
Effects of exchange rates on cash	—			—			(10,907		)	—			(10,907		)
Net decrease in cash and cash equivalents	—			(191,912		)	(515,846		)	(50		)	(707,808		)
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	$	—		$	286,165		$	1,013,707		$	(490	)	$	1,299,382