$WLYB

WILEY JOHN & SONS, INC.

CIK:0000107140|SEC Filings

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME – UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2026	Jul. 31, 2025
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (11,727)	$ 11,700
Other comprehensive (loss) income:
Foreign currency translation adjustment	(7,976)	(5,852)
Unamortized retirement costs, net of tax expense of $(636) and $(107), respectively	2,081	4,224
Unrealized gain on interest rate swaps, net of tax expense of $(203) and $(706), respectively	618	2,141
Total other comprehensive (loss) income	(5,277)	513
Comprehensive (loss) income	$ (17,004)	$ 12,213

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2026	Jul. 31, 2025
Operating activities
Net (loss) income	$ (11,727)	$ 11,700
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Net (gain) loss on sale of businesses and assets	(1,113)	1,116
Amortization of intangible assets	16,455	13,210
Amortization of product development assets	3,652	3,792
Depreciation and amortization of technology, property, and equipment	17,214	19,444
Acquisition and integration related costs	11,039	0
Restructuring and related charges	16,525	3,038
Stock-based compensation expense	4,870	5,899
Employee retirement plan expense	8,221	9,186
Other noncash charges	8,434	1,151
Net change in operating assets and liabilities	(128,842)	(153,541)
Net cash used in operating activities	(55,272)	(85,005)
Investing activities
Product development spending	(3,180)	(2,890)
Additions to technology, property and equipment	(11,197)	(12,005)
Businesses acquired in purchase transactions, net of cash acquired	(450,351)	0
Net cash (transferred) proceeds related to the sale of businesses and assets	(27)	115,168
Acquisitions of publication rights and other	(625)	(1,417)
Net cash (used in) provided by investing activities	(465,380)	98,856
Financing activities
Repayments of long-term debt	(468,752)	(250,290)
Borrowings of long-term debt	1,077,818	280,881
Payment of debt issuance costs	(526)	0
Purchases of treasury shares	(15,229)	(13,500)
Change in book overdrafts	(16,444)	(10,717)
Cash dividends	(18,167)	(18,985)
Impact of tax withholding on stock-based compensation and other	(5,822)	(4,313)
Net cash provided by (used in) financing activities	552,878	(16,924)
Effects of exchange rate changes on cash, cash equivalents, and restricted cash	(1,422)	(959)
Cash reconciliation:
Cash and cash equivalents	75,622	85,882
Restricted cash included in Prepaid expenses and other current assets	50	50
Balance at beginning of period	75,672	85,932
Increase (decrease) for the period	30,804	(4,032)
Cash and cash equivalents	106,426	81,850
Restricted cash included in Prepaid expenses and other current assets	50	50
Balance at end of period	106,476	81,900
Cash paid during the period for:
Interest	11,270	10,595
Income taxes, net of refunds	$ 13,075	$ 16,193

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - UNAUDITED - USD ($) $ in Thousands	Jul. 31, 2026	Apr. 30, 2026
Current assets
Cash and cash equivalents	$ 106,426	$ 75,622
Accounts receivable, net of allowance for credit losses of $xx million and $xx million, respectively	210,729	244,164
Inventories, net	18,472	19,265
Prepaid expenses and other current assets	102,595	80,614
Total current assets	438,222	419,665
Technology, property, and equipment, net	131,564	136,260
Intangible assets, net	853,303	578,959
Goodwill	1,390,757	1,132,392
Operating lease right-of-use assets	56,478	57,128
Other non-current assets	262,075	267,414
Total assets	3,132,399	2,591,818
Current liabilities
Accounts payable	44,935	67,199
Accrued royalties	101,948	97,791
Short-term portion of long-term debt	13,750	12,500
Contract liabilities	384,278	451,423
Accrued employment costs	56,129	71,068
Short-term portion of operating lease liabilities	16,111	15,954
Other accrued liabilities	71,671	63,012
Total current liabilities	688,822	778,947
Long-term debt	1,277,516	670,897
Accrued pension liability	58,740	59,527
Deferred income tax liabilities	165,492	98,972
Operating lease liabilities	67,493	69,544
Other long-term liabilities	77,297	65,689
Total liabilities	2,335,360	1,743,576
Commitments and contingencies (Note 18)
Shareholders’ equity
Preferred stock, $1 par value per share: Authorized shares – 2 million, Issued shares - 0	0	0
Additional paid-in-capital	482,223	487,178
Retained earnings	1,708,201	1,738,164
Accumulated other comprehensive loss, net of tax	(447,495)	(442,218)
Less treasury shares at cost (Class A – x and x as of x and x, respectively; Class B – x and x as of x and x, respectively)	(1,029,072)	(1,018,064)
Total shareholders’ equity	797,039	848,242
Total liabilities and shareholders' equity	3,132,399	2,591,818
Class A common stock
Shareholders’ equity
Common stock	70,314	70,314
Class B common stock
Shareholders’ equity
Common stock	$ 12,868	$ 12,868