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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2021
Cash flows from operating activities:      
Net income $ 213,054 $ 330,845 $ 115,562
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 68,335 63,521 61,845
Stock-based compensation expense 36,285 29,210 27,157
Impairment of right-of-use assets 5,471 7,392 0
Impairment of fixed assets 4,375 1,915 0
Provision for doubtful accounts 22,493 21,552 15,763
Gain on cash surrender value of life insurance policies (10,576) (5,819) (13,017)
(Gain) loss on marketable securities (2,874) 11,978 (38,529)
Deferred income taxes (14,403) (16,963) (14,140)
Change in other assets and liabilities:      
Deferred compensation 52,291 27,197 64,005
Receivables due from clients 33,483 (138,627) (67,331)
Income taxes and other receivables (25,615) 3,969 5,798
Prepaid expenses and other assets (5,884) (9,534) (3,902)
Unearned compensation 11,904 (23,425) (32,935)
Income taxes payable (15,304) 12,751 (1,824)
Accounts payable and accrued liabilities (27,821) 191,447 122,687
Other (1,320) (5,751) 10,294
Net cash provided by operating activities 343,894 501,658 251,433
Cash flows from investing activities:      
Cash paid for acquisitions, net of cash acquired (254,750) (133,802) 0
Purchase of property and equipment (70,382) (49,406) (31,122)
Purchase of marketable securities (53,530) (82,015) (103,499)
Proceeds from sales/maturities of marketable securities 65,878 92,472 69,683
Premium on company-owned life insurance policies (15,219) (15,218) (15,353)
Proceeds from life insurance policies 4,376 3,382 18,707
Dividends received from unconsolidated subsidiaries 150 255 205
Net cash used in investing activities (323,477) (184,332) (61,379)
Cash flows from financing activities:      
Repurchases of common stock (95,463) (96,258) (30,387)
Payments of tax withholdings on restricted stock (22,232) (18,532) (4,989)
Proceeds from issuance of common stock upon exercise of employee stock options and in connection with an employee stock purchase plan 7,606 6,919 5,706
Payments on life insurance policy loans (2,760) (178) (12,279)
Principal payments on finance leases (1,639) (1,157) (1,324)
Dividends paid to shareholders (32,971) (26,786) (22,498)
Dividends paid to noncontrolling interest (4,721) (1,452) (1,115)
Net cash used in financing activities (152,180) (137,444) (66,886)
Effect of exchange rate changes on cash and cash equivalents (2,283) (52,590) 38,366
Net (decrease) increase in cash and cash equivalents (134,046) 127,292 161,534
Cash and cash equivalents at beginning of year 978,070 850,778 689,244
Cash and cash equivalents at end of the year 844,024 978,070 850,778
Supplemental cash flow information:      
Cash used to pay interest 25,409 24,607 25,207
Cash used to pay income taxes, net of refunds $ 134,741 $ 107,602 $ 55,317