JOHN WILEY SONS INC
For the period ended Apr 30, 2024. Filed Jun 26, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Jun 26, 2024
WLYB$50.25-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Financial Position
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
In thousands
| April 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets: | ||
| Current assets | ||
| Cash and cash equivalents | $83,249 | $106,714 |
| Accounts receivable, net | 224,198 | 310,121 |
| Inventories, net | 26,219 | 30,733 |
| Prepaid expenses and other current assets | 85,954 | 93,711 |
| Current assets held-for-sale | 34,422 | — |
| Total current assets | 454,042 | 541,279 |
| Technology, property, and equipment, net | 192,438 | 247,149 |
| Intangible assets, net | 615,694 | 854,794 |
| Goodwill | 1,091,368 | 1,204,050 |
| Operating lease right-of-use assets | 69,074 | 91,197 |
| Other non-current assets | 283,719 | 170,341 |
| Non-current assets held-for-sale | 19,160 | — |
| Total assets | $2,725,495 | $3,108,810 |
| Liabilities and shareholders’ equity: | ||
| Current liabilities | ||
| Accounts payable | $55,659 | $84,325 |
| Accrued royalties | 97,173 | 113,423 |
| Short-term portion of long-term debt | 7,500 | 5,000 |
| Contract liabilities | 483,778 | 504,695 |
| Accrued employment costs | 96,980 | 80,458 |
| Short-term portion of operating lease liabilities | 18,294 | 19,673 |
| Other accrued liabilities | 76,266 | 87,979 |
| Current liabilities held-for-sale | 37,632 | — |
| Total current liabilities | 873,282 | 895,553 |
| Long-term debt | 767,096 | 743,292 |
| Accrued pension liability | 70,832 | 86,304 |
| Deferred income tax liabilities | 97,186 | 144,042 |
| Operating lease liabilities | 94,386 | 115,540 |
| Other long-term liabilities | 71,760 | 79,052 |
| Long-term liabilities held-for-sale | 11,237 | — |
| Total liabilities | 1,985,779 | 2,063,783 |
| Commitments and contingencies (Note 16) | ||
| Shareholders’ equity | ||
| Preferred stock, $1 par value: Authorized – 2 million, Issued – 0 | — | — |
| Class A common stock, $1 par value: Authorized – 180 million, Issued – 70,259 and 70,231 as of April 30, 2024 and 2023, respectively | 70,259 | 70,231 |
| Class B common stock, $1 par value: Authorized – 72 million, Issued – 12,923 and 12,951 as of April 30, 2024 and 2023, respectively | 12,923 | 12,951 |
| Additional paid-in capital | 474,406 | 469,802 |
| Retained earnings | 1,583,348 | 1,860,872 |
| Accumulated other comprehensive loss: | ||
| Foreign currency translation adjustment | (333,827) | (326,346) |
| Unamortized retirement costs, net of tax | (200,922) | (206,806) |
| Unrealized gain on interest rate swaps, net of tax | 6,310 | 4,250 |
| Total accumulated other comprehensive loss, net of tax | (528,439) | (528,902) |
| Less: treasury shares at cost (Class A – 24,828 and 23,983 as of April 30, 2024 and 2023, respectively, Class B – 3,928 and 3,925 as of April 30, 2024 and 2023, respectively) | (872,781) | (839,927) |
| Total shareholders’ equity | 739,716 | 1,045,027 |
| Total liabilities and shareholders’ equity | $2,725,495 | $3,108,810 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.