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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2019
Cash flows from operating activities:      
Net income $ 115,562 $ 107,017 $ 104,796
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 61,845 55,311 46,489
Stock-based compensation expense 27,157 22,818 23,385
Tradename write-offs     106,555
Write-off of long-lived assets   2,654  
Provision for doubtful accounts 15,763 14,644 14,260
Gain on cash surrender value of life insurance policies (13,017) (6,551) (6,160)
(Gain) loss on marketable securities (38,529) 2,066 (8,134)
Deferred income taxes (14,140) (9,330) (27,796)
Change in other assets and liabilities:      
Deferred compensation 64,005 23,496 18,478
Receivables due from clients (67,331) 34,152 (30,625)
Income taxes and other receivables 5,798 (6,421) 1,409
Prepaid expenses and other assets (3,902) (956) (148)
Unearned compensation (32,935) 300 (7,299)
Income taxes payable (1,824) 1,246 213
Accounts payable and accrued liabilities 122,687 (6,011) 28,398
Other 10,294 1,914 (5,016)
Net cash provided by operating activities 251,433 236,349 258,805
Cash flows from investing activities:      
Purchase of property and equipment (31,122) (41,460) (46,682)
Purchase of marketable securities (103,499) (83,563) (9,476)
Proceeds from sales/maturities of marketable securities 69,683 47,936 13,781
Cash paid for acquisitions, net of cash acquired   (108,602)  
Premium on company-owned life insurance policies (15,353) (15,699) (34,862)
Proceeds from life insurance policies 18,707 2,280 7,632
Dividends received from unconsolidated subsidiaries 205 346 140
Net cash used in investing activities (61,379) (198,762) (69,467)
Cash flows from financing activities:      
Repurchases of common stock (30,387) (92,446) (37,372)
Payments of tax withholdings on restricted stock (4,989) (8,993) (20,698)
Proceeds from issuance of common stock upon exercise of employee stock options and in connection with an employee stock purchase plan 5,706 7,684 7,272
Borrowings under life insurance policies     31,870
Payments on life insurance policy loans (12,279) (943) (5,316)
Principal payments on finance leases (1,324) (1,833)  
Dividends paid to shareholders (22,498) (22,798) (23,459)
Dividends paid to noncontrolling interest (1,115) (2,110) (2,255)
Proceeds from long term debt   1,045,500 226,875
Principal payments on long term debt   (876,875) (238,906)
Payment of debt issuance costs   (3,050) (2,181)
Payment of contingent consideration from acquisitions   (455) (455)
Net cash (used in) provided by financing activities (66,886) 43,681 (64,625)
Effect of exchange rate changes on cash and cash equivalents 38,366 (18,384) (19,201)
Net increase in cash and cash equivalents 161,534 62,884 105,512
Cash and cash equivalents at beginning of year 689,244 626,360 520,848
Cash and cash equivalents at end of the period 850,778 689,244 626,360
Supplemental cash flow information:      
Cash used to pay interest 25,207 12,526 14,188
Cash used to pay income taxes, net of refunds $ 55,317 $ 54,914 $ 58,408