John Wiley & Sons (WLY) 10-Q 12 Mar 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Jan. 31, 2014	Feb. 28, 2014	Feb. 28, 2014
		Common Stock Class A [Member]	Common Stock Class B [Member]
Entity Information [Line Items]	'	'	'
Entity Registrant Name	'WILEY JOHN & SONS, INC.	'	'
Entity Central Index Key	'0000107140	'	'
Current Fiscal Year End Date	'--04-30	'	'
Entity Well-known Seasoned Issuer	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Large Accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	49,788,529	9,488,384
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q3	'	'
Document Type	'10-Q	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Jan-14	'	'

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - UNAUDITED (USD $)	Jan. 31, 2014	Apr. 30, 2013	Jan. 31, 2013
In Thousands, unless otherwise specified
Current Assets	'	'	'
Cash and cash equivalents	$315,985	$334,140	$285,858
Accounts receivable	205,796	161,731	238,112
Inventories	79,168	82,017	85,999
Prepaid and other	60,540	57,083	53,552
Total Current Assets	661,489	634,971	663,521
Product Development Assets	89,142	87,876	99,186
Technology, Property & Equipment	181,092	189,625	193,856
Intangible Assets	961,931	954,957	989,534
Goodwill	856,707	835,540	844,673
Income Tax Deposit	61,086	45,868	34,055
Other Assets	61,799	57,538	56,059
Total Assets	2,873,246	2,806,375	2,880,884
Current Liabilities	'	'	'
Accounts and royalties payable	205,154	143,313	199,621
Deferred revenue	279,681	362,970	287,063
Accrued employment costs	88,514	85,306	57,116
Accrued income taxes	6,802	16,093	15,478
Accrued pension liability	4,386	4,359	3,606
Other accrued liabilities	48,017	55,128	57,843
Total Current Liabilities	632,554	667,169	620,727
Long-Term Debt	634,000	673,000	734,800
Accrued Pension Liability	195,037	204,362	141,855
Deferred Income Tax Liabilities	199,660	197,526	214,480
Other Long-Term Liabilities	76,005	75,962	72,531
Shareholders' Equity	'	'	'
Class A & Class B Common Stock	83,190	83,190	83,190
Additional paid-in-capital	321,484	290,762	292,131
Retained earnings	1,467,949	1,387,512	1,393,735
Accumulated other comprehensive loss	-229,677	-278,632	-205,191
Treasury stock	-506,956	-494,476	-467,374
Total Shareholders' Equity	1,135,990	988,356	1,096,491
Total Liabilities & Shareholders' Equity	$2,873,246	$2,806,375	$2,880,884

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED [Abstract]	'	'	'	'
Revenue	$457,933	$472,435	$1,318,106	$1,314,924
Costs and Expenses	'	'	'	'
Cost of sales	130,563	141,794	380,706	398,592
Operating and administrative expenses	238,569	235,857	713,090	689,833
Restructuring charges	4,256	0	27,327	4,841
Impairment charges	0	0	4,786	15,521
Amortization of intangibles	11,165	11,158	33,066	30,404
Total Costs and Expenses	384,553	388,809	1,158,975	1,139,191
Gain on Sale of Travel Publishing Program	0	0	0	9,829
Operating Income	73,380	83,626	159,131	185,562
Interest Expense	-3,485	-3,827	-10,348	-9,557
Foreign Exchange Transaction Gain (Loss)	29	-1,147	329	-1,599
Interest Income and Other	466	342	2,095	1,569
Income Before Taxes	70,390	78,994	151,207	175,975
Provision For Income Taxes	17,901	21,894	26,588	39,701
Net Income	$52,489	$57,100	$124,619	$136,274
Earnings Per Share	'	'	'	'
Diluted (in dollars per share)	$0.88	$0.95	$2.10	$2.26
Basic (in dollars per share)	$0.89	$0.96	$2.13	$2.28
Average Shares	'	'	'	'
Diluted (in shares)	59,713	60,254	59,388	60,349
Basic (in shares)	58,734	59,621	58,569	59,656
Class A Common [Member]	'	'	'	'
Cash Dividends Per Share	'	'	'	'
Common stock (in dollars per share)	$0.25	$0.24	$0.75	$0.72
Class B Common [Member]	'	'	'	'
Cash Dividends Per Share	'	'	'	'
Common stock (in dollars per share)	$0.25	$0.24	$0.75	$0.72

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED [Abstract]	'	'	'	'
Net Income	$52,489	$57,100	$124,619	$136,274
Other Comprehensive Income (Loss):	'	'	'	'
Foreign currency translation adjustment	4,351	-5,686	45,488	-11,644
Unamortized retirement costs, net of tax provision of $670, $1,278, $1,551 and $3,056, respectively	1,477	2,819	3,176	6,714
Unrealized gain (loss) on interest rate swaps, net of tax (benefit) provision of $(39), $159, $159 and $104, respectively	-42	237	291	149
Total Other Comprehensive Income (Loss)	5,786	-2,630	48,955	-4,781
Comprehensive Income	$58,275	$54,470	$173,574	$131,493

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED [Abstract]	'	'	'	'
Unamortized retirement costs, tax provision	$670	$1,278	$1,551	$3,056
Unrealized gain/(loss) on interest rate swaps, tax provision/(benefit)	($39)	$159	$159	$104

CONDENSED_CONSOLIDATED_STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - UNAUDITED (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013
Operating Activities	'	'
Net income	$124,619	$136,274
Adjustments to reconcile net income to cash used for operating activities:	'	'
Amortization of intangibles	33,066	30,404
Amortization of composition costs	33,940	39,047
Depreciation of technology, property and equipment	43,596	41,124
Restructuring charges	27,327	4,841
Impairment charges	4,786	15,521
Gain on sale of travel publishing program	0	-9,829
Deferred tax benefits on U.K. rate changes	-10,634	-8,402
Stock-based compensation expense	10,995	9,998
Excess tax (benefit) charge from stock-based compensation	2,880	-1,129
Royalty advances	-83,237	-83,317
Earned royalty advances	77,663	69,726
Other non-cash charges	12,547	31,570
Change in deferred revenue	-91,174	-52,302
Income tax deposit	-10,433	-29,705
Net change in operating assets and liabilities, excluding acquisitions	-22,144	-31,666
Cash Provided by Operating Activities	153,797	162,155
Investing Activities	'	'
Composition spending	-30,460	-35,599
Additions to technology, property and equipment	-38,733	-41,606
Acquisitions, net of cash acquired	-5,150	-258,735
Proceeds from sale of travel publishing programs	0	28,600
Cash Used for Investing Activities	-74,343	-307,340
Financing Activities	'	'
Repayment of long-term debt	-486,600	-318,600
Borrowings of long-term debt	447,600	578,400
Change in book overdrafts	-21,859	-20,984
Cash dividends	-44,182	-43,252
Purchase of treasury stock	-38,533	-45,172
Proceeds from exercise of stock options and other	48,540	24,232
Excess tax benefit (charge) from stock-based compensation	-2,880	1,129
Cash (Used for) Provided by Financing Activities	-97,914	175,753
Effects of Exchange Rate Changes on Cash	305	-4,540
Cash and Cash Equivalents	'	'
(Decrease) Increase for the Period	-18,155	26,028
Balance at Beginning of Period	334,140	259,830
Balance at End of Period	315,985	285,858
Cash Paid During the Period for:	'	'
Interest	9,331	8,824
Income taxes, net	$52,046	$48,165

Basis_of_Presentation

Basis of Presentation	9 Months Ended
	Jan. 31, 2014
Basis of Presentation [Abstract]	'
Basis of Presentation	'
		1	Basis of Presentation
	In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the financial condition, results of operations, comprehensive income and cash flows for the periods presented. Operating results for the interim period are not necessarily indicative of the results expected for the full year. These financial statements should be read in conjunction with the most recent audited financial statements included in the Company’s Form 10-K for the fiscal year ended April 30, 2013.
	The preparation of the Company’s financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Certain prior year amounts have been reclassified to conform to the current year’s presentation.

Recent_Accounting_Standards

Recent Accounting Standards	9 Months Ended
	Jan. 31, 2014
Recent Accounting Standards [Abstract]	'
Recent Accounting Standards	'
		2	Recent Accounting Standards
	There have been no new accounting standards issued that have had, or are expected to have a material impact on the Company’s consolidated financial statements.

ShareBased_Compensation

Share-Based Compensation	9 Months Ended
	Jan. 31, 2014
Share-Based Compensation [Abstract]	'
Share-Based Compensation	'
		3	Share-Based Compensation
	The Company has share-based compensation plans under which employees may be granted options to purchase shares of Company common stock at the fair market value at the time of grant.  In addition to stock options, the Company grants performance-based stock awards and other restricted stock awards to certain management level employees. The Company recognizes the grant date fair value of share-based compensation in net income on a straight-line basis over the requisite service period. The measurement of performance for performance-based stock awards is based on actual financial results for targets established three years in advance. For the three months ended January 31, 2014 and 2013, the Company recognized share-based compensation expense, on a pre-tax basis, of $3.7 million and $2.0 million, respectively. For the nine months ended January 31, 2014 and 2013, the Company recognized share-based compensation expense, on a pre-tax basis, of $11.0 million and $10.0 million, respectively. In the third quarter of fiscal year 2013, the Company reduced the estimated number of performance-based restricted shares expected to be distributed under its long-term incentive plans based on the Company’s expected operating performance relative to targets previously established, resulting in a decrease in share-based compensation expense.
	The following table provides share-based compensation data for awards granted by the Company:
			For the Nine Months
			Ended January 31,
			2014			2013
	Restricted Stock:
	Awards granted (in thousands)			375			294
	Weighted average fair value of grant		$	40.75		$	47.34
	Stock Options:
	Awards granted (in thousands)			322			401
	Weighted average fair value of grant		$	10.12		$	12.26
	The weighted average Black-Scholes fair value assumptions for stock option grants are as follows:
			For the Nine Months
			Ended January 31,
			2014			2013
	Expected life of options (years)			7.4			7.3
	Risk-free interest rate			2.1	%		1.2	%
	Expected volatility			30.5	%		30.2	%
	Expected dividend yield			2.5	%		2	%
	Fair value of common stock on grant date		$	39.53		$	48.06

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	9 Months Ended
	Jan. 31, 2014
Accumulated Other Comprehensive Loss [Abstract]	'
Accumulated Other Comprehensive Loss	'
	4.      Accumulated Other Comprehensive Loss
	Changes in Accumulated Other Comprehensive Loss by component, net of tax, for the three and nine months ended January 31, 2014 were as follows (in thousands):
		Foreign			Unamortized			Interest
		Currency			Retirement			Rate
		Translation			Costs			Swaps			Total
	Balance at October 31, 2013	$	(93,402	)	$	(141,425	)	$	(636	)	$	(235,463	)
	Other comprehensive income (loss) before reclassifications		4,351			(1,134	)		(128	)		3,089
	Amounts reclassified from accumulated other comprehensive loss		-			2,611			86			2,697
	Total other comprehensive income (loss)		4,351			1,477			(42	)		5,786
	Balance at January 31, 2014	$	(89,051	)	$	(139,948	)	$	(678	)	$	(229,677	)
		Foreign			Unamortized			Interest
		Currency			Retirement			Rate
		Translation			Costs			Swaps			Total
	Balance at April 30, 2013	$	(134,539	)	$	(143,124	)	$	(969	)	$	(278,632	)
	Other comprehensive income (loss) before reclassifications		45,488			(4,528	)		(157	)		40,803
	Amounts reclassified from accumulated other comprehensive loss		-			7,704			448			8,152
	Total other comprehensive income		45,488			3,176			291			48,955
	Balance at January 31, 2014	$	(89,051	)	$	(139,948	)	$	(678	)	$	(229,677	)
	For the three and nine months ended January 31, 2014, pre-tax actuarial losses included in Unamortized Retirement Costs of approximately $3.7 million and $10.9 million, respectively, were amortized from Accumulated Other Comprehensive Loss and recognized as pension expense in Operating and Administrative Expenses in the Condensed Consolidated Statements of Income. See Note 15 for additional information on the amounts reclassified from Accumulated Other Comprehensive Loss to Interest Expense related to interest rate swap agreements.

Reconciliation_of_Weighted_Ave

Reconciliation of Weighted Average Shares Outstanding	9 Months Ended
	Jan. 31, 2014
Reconciliation of Weighted Average Shares Outstanding [Abstract]	'
Reconciliation of Weighted Average Shares Outstanding	'
	5.      Reconciliation of Weighted Average Shares Outstanding
	A reconciliation of the shares used in the computation of earnings per share follows (in thousands):
		For the Three Months						For the Nine Months
		Ended January 31,						Ended January 31,
		2014			2013			2014			2013
	Weighted average shares outstanding		59,040			59,856			58,857			59,874
	Less: Unearned restricted shares		(306	)		(235	)		(288	)		(218	)
	Shares used for basic earnings per share		58,734			59,621			58,569			59,656
	Dilutive effect of stock options and other stock awards		979			633			819			693
	Shares used for diluted earnings per share		59,713			60,254			59,388			60,349
	Since their inclusion in the calculation of diluted earnings per share would have been anti-dilutive, options to purchase 461,784 and 318,851 shares of Class A Common Stock have been excluded for the three and nine months ended January 31, 2014, respectively, and options to purchase 2,717,744 shares have been excluded for both the three and nine months ended January 31, 2013. There were no unearned restricted shares excluded for both the three and nine months ended January 31, 2014. The three and nine months ended January 31, 2013 exclude 30,750 and 23,000 anti-dilutive unearned restricted shares, respectively.

Acquisition

Acquisition	9 Months Ended
	Jan. 31, 2014
Acquisition [Abstract]	'
Acquisition	'
	6.      Acquisitions:
	Deltak:
	On October 25, 2012, the Company acquired all of the stock of Deltak.edu, LLC (“Deltak”) for approximately $220 million in cash, net of cash acquired. Deltak works in close partnership with leading colleges and universities to develop and support online degree and certificate programs. The business provides technology platforms and services including market research to validate program demand, instructional design, marketing, and student recruitment and retention services to leading national and regional colleges and universities throughout the United States.  The $220 million purchase price was allocated to identifiable long-lived intangible assets ($99.4 million) comprised primarily of institutional relationships; and long-term deferred tax liabilities ($34.4 million); with the remainder allocated to technology and working capital. The fair value of intangible assets and technology acquired was based on management’s assessment performed with the assistance of a third party valuation consultant. The excess of the purchase price over the fair value of net assets acquired ($150.0 million) was recorded as goodwill. Goodwill represents the estimated value of Deltak’s workforce, unidentifiable intangible assets and the fair value of expected synergies. None of the goodwill is deductible for tax purposes. The identifiable long-lived intangible assets are primarily amortized over an estimated useful life of approximately 20 years. The Company finalized its purchase accounting for Deltak as of April 30, 2013. Deltak currently supports more than 100 online programs and contributed $50.4 million and $17.1 million to the Company’s revenue for the nine months ended January 31, 2014 and 2013, respectively.
	Efficient Learning Systems:
	On November 1, 2012, the Company acquired all of the stock of Efficient Learning Systems, Inc. (“ELS”) for approximately $24 million in cash, net of cash acquired. ELS is an e-learning system provider focused in the areas of professional finance and accounting.  ELS’ flagship product, CPAexcel, is a modular, digital platform comprised of online self-study, videos, mobile apps, and sophisticated planning tools that has helped over 65,000 professionals prepare for the CPA exam since 1998. The $24 million purchase price was allocated to identifiable long-lived intangible assets ($6.5 million); technology ($3.6 million); and long-term deferred tax liabilities ($2.9 million); with the remainder allocated to working capital. The fair value of intangible assets and technology acquired was based on management’s assessment performed with the assistance of a third party valuation consultant. The excess of the purchase price over the fair value of net assets acquired ($17.0 million) was recorded as goodwill.  Goodwill represents the estimated value of ELS’ workforce, unidentifiable intangible assets and the fair value of expected synergies. None of the goodwill is deductible for tax purposes. The Company finalized its purchase accounting for ELS as of April 30, 2013.  ELS contributed $6.1 million and $1.6 million to the Company’s revenue for the nine months ended January 31, 2014 and 2013, respectively.
	Unaudited proforma financial information has not been presented since the effects of the acquisitions were not material individually or in the aggregate.

Restructuring_Programs

Restructuring Programs	9 Months Ended
	Jan. 31, 2014
Restructuring Programs [Abstract]	'
Restructuring Programs	'
	7.     Restructuring Programs
	Restructuring and Reinvestment Program:
	In fiscal year 2013, the Company initiated a program (the “Restructuring and Reinvestment Program”) to restructure and realign its cost base with current and anticipated future market conditions.  The Company is targeting a majority of the cost savings achieved to improve margins and earnings, while the remainder will be reinvested in high growth digital business opportunities.
	The following tables summarize the pre-tax restructuring charges related to this program, which are reflected in Restructuring Charges in the Condensed Consolidated Statements of Income (in thousands):
		For the			For the		Cumulative
		Three Months			Nine Months		Charges
		Ended			Ended		Incurred
		31-Jan-14			31-Jan-14		to Date
	Charges (Credits) by Segment:
	Research	$	(782	)	$	4,590	$	7,535
	Professional Development		(833	)		4,834		11,117
	Education		117			375		1,494
	Shared Services		5,754			17,528		31,633
	Total Restructuring Charges	$	4,256		$	27,327	$	51,779
	Charges (Credits) by Activity:
	Severance	$	(270	)	$	14,661	$	33,798
	Process reengineering consulting		2,588			8,199		10,834
	Other activities		1,938			4,467		7,147
	Total Restructuring Charges	$	4,256		$	27,327	$	51,779
	The three and nine month period Restructuring Charges (Credits) for Research and Professional Development include credits of approximately $0.9 million and $1.2 million, respectively, related to the reversal of severance provisions previously recorded by the Company. The credits reflect employees who have accepted different positions within the Company, or who voluntarily resigned. Other Activities for the three and nine months ended January 31, 2014 mainly reflect lease and other contract termination costs. The Company expects to record additional restructuring charges during the remainder of fiscal year 2014 of approximately $10 million.
	The following table summarizes the activity for the Restructuring and Reinvestment Program liability for the nine months ended January 31, 2014 (in thousands):
										Foreign
		April 30,								Translation &			January 31,
		2013			Provisions		Payments			Reclassifications			2014
	Severance	$	18,803		$	14,661	$	(10,245	)	$	308		$	23,527
	Process reengineering consulting		1,101			8,199		(7,751	)		-			1,549
	Other activities		-			4,467		(1,040	)		(852	)		2,575
	Total	$	19,904		$	27,327	$	(19,036	)	$	(544	)	$	27,651
	The restructuring liability for accrued Severance costs is reflected in Accrued Employment Costs in the Condensed Consolidated Statements of Financial Position while the Process reengineering consulting costs are reflected in Other Accrued Liabilities. Approximately $1.2 million and $1.4 million of the Other Activities are reflected in Other Accrued Liabilities and Other Long-Term Liabilities, respectively.
	Other Restructuring Programs:
	As part of the Company’s ongoing transition and transformation to digital products and services, certain activities were identified in the first quarter of fiscal year 2013 that were discontinued, outsourced, or relocated to lower cost regions.  As a result, the Company recorded a pre-tax restructuring charge of approximately $4.8 million, or $3.5 million after tax ($0.06 per share), during the period for redundancy and separation benefits, which is reflected in Restructuring Charges in the Condensed Consolidated Statements of Income. Approximately $3.0 million, $1.3 million and $0.2 million of the restructuring charge was recorded within the Research, Professional Development and Education reporting segments, respectively, with the remainder recognized in Shared Service costs. As of January 31, 2014, all redundancy and separation benefit payments related to this program are complete.

Impairment_Charges

Impairment Charges	9 Months Ended
	Jan. 31, 2014
Impairment Charges [Abstract]	'
Impairment Charges	'
	8.      Impairment Charges
	Consumer Publishing Programs
	The Company began accounting for its culinary, CliffsNotes, and Webster’s New World Dictionary consumer publishing programs as Assets Held for Sale in the second quarter of fiscal year 2013.  The Company recorded a pre-tax impairment charge of $12.1 million, or $7.5 million after tax ($0.12 per share), in the second quarter of fiscal year 2013 to reduce the carrying value of the assets within these programs to approximately $9.9 million, which represented their fair value based on the estimated sales price, less costs to sell. On November 5, 2012, the Company completed a sale to Houghton Mifflin Harcourt for $11.0 million in cash, which approximated the carrying value of related assets sold, of which $1.1 million is held in escrow related to standard commercial representations and warranties and is expected to be released to the Company by the end of fiscal year 2014.  In connection with the sale, the Company also entered into a transition services agreement which ended on March 5, 2013.  In addition, in the second quarter of fiscal year 2013, the Company recorded a pre-tax impairment charge of $3.4 million, or $2.1 million after tax ($0.04 per share) to reduce the carrying value of inventory and royalty advances within its other consumer publishing programs to their estimated realizable value.
	Technology Investments
	In the second quarter of fiscal year 2014, the Company terminated a multi-year software development program for an internal operations application due to a change in the Company’s longer-term enterprise systems plans. As a result, the Company recorded an asset impairment charge for previously capitalized software costs related to the program of $4.8 million, or $3.4 million after tax ($0.06 per share).

Gain_on_Sale_of_Travel_Publish

Gain on Sale of Travel Publishing Program	9 Months Ended
	Jan. 31, 2014
Gain on Sale of Travel Publishing Program [Abstract]	'
Gain on Sale of Travel Publishing Program	'
	9.      Gain on Sale of Travel Publishing Program
	On August 31, 2012, the Company sold its travel publishing program, including all of its interests in the Frommer’s, Unofficial Guides, and WhatsonWhen brands to Google, Inc. (“Google”) for $22 million in cash, of which $3.3 million is held in escrow related to standard commercial representations and warranties and is expected to be released to the Company by the end of fiscal year 2014. As a result, the Company recorded a $9.8 million pre-tax gain on the sale, or $6.2 million after tax ($0.10 per share), in the second quarter of fiscal year 2013.  In connection with the sale, the Company also entered into a transition services agreement which ended on December 31, 2013.

Segment_Information

Segment Information	9 Months Ended
	Jan. 31, 2014
Segment Information [Abstract]	'
Segment Information	'
	10.    Segment Information
	The Company is a global provider of knowledge and knowledge-based services in areas of research, professional development and education.  Core businesses produce scientific, technical, medical and scholarly research journals, reference works, books, database services, and advertising; professional books and certification, assessment and training services; and education content and services including online program management for colleges and universities and integrated online teaching and learning resources for instructors and students.  The Company takes full advantage of its content from all three core businesses in developing and cross-marketing products to its diverse customer base of researchers, professionals, students, and educators. The use of technology enables the Company to make its content efficiently more accessible to its customers around the world. The Company maintains publishing, marketing, and distribution centers in the United States, Canada, Europe, Asia, and Australia. The Company uses occupied square footage of space; number of employees; units shipped; specific identification/activity-based; gross profit; revenue and number of invoices to allocate shared service costs to each business segment.
	Segment information is as follows (in thousands):
		For the Three Months						For the Nine Months
		Ended January 31,						Ended January 31,
		2014			2013			2014			2013
	RESEARCH
	Revenue	$	248,797		$	240,902		$	747,532		$	726,679
	Direct Contribution to Profit	$	103,244		$	100,369		$	309,832		$	300,624
	Allocated Shared Services and Administrative Costs:
	Distribution		(11,011	)		(11,495	)		(33,714	)		(34,813	)
	Technology Services		(17,727	)		(16,517	)		(54,307	)		(49,736	)
	Occupancy and Other		(4,707	)		(4,642	)		(15,581	)		(16,412	)
	Contribution to Profit	$	69,799		$	67,715		$	206,230		$	199,663
	PROFESSIONAL DEVELOPMENT
	Revenue	$	94,201		$	113,106		$	270,832		$	316,360
	Direct Contribution to Profit	$	31,740		$	30,780		$	76,759		$	71,949
	Allocated Shared Services and Administrative Costs:
	Distribution		(9,320	)		(10,196	)		(27,861	)		(30,937	)
	Technology Services		(7,543	)		(7,238	)		(23,260	)		(21,662	)
	Occupancy and Other		(2,117	)		(1,469	)		(7,694	)		(8,054	)
	Contribution to Profit	$	12,760		$	11,877		$	17,944		$	11,296
	EDUCATION
	Revenue	$	114,935		$	118,427		$	299,742		$	271,885
	Direct Contribution to Profit	$	44,505		$	48,376		$	102,687		$	99,150
	Allocated Shared Services and Administrative Costs:
	Distribution		(4,012	)		(4,074	)		(11,755	)		(11,646	)
	Technology Services		(8,429	)		(8,049	)		(25,802	)		(22,548	)
	Occupancy and Other		(1,687	)		(1,198	)		(6,111	)		(4,893	)
	Contribution to Profit	$	30,377		$	35,055		$	59,019		$	60,063
	Total Contribution to Profit	$	112,936		$	114,647		$	283,193		$	271,022
	Unallocated Shared Services and Administrative Costs		(39,556	)		(31,021	)		(124,062	)		(85,460	)
	Operating Income	$	73,380		$	83,626		$	159,131		$	185,562
	Note: See the Management’s Discussion and Analysis section of this 10-Q for additional details on each segment’s revenue by product/service.

Inventories

Inventories	9 Months Ended
	Jan. 31, 2014
Inventories [Abstract]	'
Inventories	'
		11	Inventories
	Inventories were as follows (in thousands):
			As of January 31,						As of April 30,
			2014			2013			2013
	Finished goods		$	62,460		$	67,472		$	68,040
	Work-in-process			6,875			6,830			5,890
	Paper, cloth and other			7,088			9,911			6,577
			$	76,423			84,213		$	80,507
	Inventory value of estimated sales returns			8,797			8,508			6,862
	LIFO reserve			(6,052	)		(6,722	)		(5,352	)
	Total inventories		$	79,168		$	85,999		$	82,017

Intangible_Assets

Intangible Assets	9 Months Ended
	Jan. 31, 2014
Intangible Assets [Abstract]	'
Intangible Assets	'
		12	Intangible Assets
	Intangible assets consisted of the following (in thousands):
			As of January 31,				As of April 30,
			2014		2013		2013
	Intangible assets with indefinite lives:
	Brands and trademarks		$	162,179	$	156,776	$	153,747
	Content and publishing rights			105,701		103,654		100,710
			$	267,880	$	260,430	$	254,457
	Net intangible assets with determinable lives:
	Content and publishing rights		$	529,197	$	553,390	$	529,934
	Customer relationships			150,649		158,843		155,702
	Brands and trademarks			13,400		15,729		13,806
	Covenants not to compete			805		1,142		1,058
			$	694,051	$	729,104	$	700,500
	Total		$	961,931	$	989,534	$	954,957
	In the third quarter of fiscal year 2014, the Company completed its annual impairment review of goodwill and indefinite – lived intangible assets, including a qualitative review of the Deltak business acquired in fiscal year 2013. No impairments were required.

Income_Taxes

Income Taxes	9 Months Ended
	Jan. 31, 2014
Income Taxes [Abstract]	'
Income Taxes	'
		13	Income Taxes
	The effective tax rate for the first nine months of fiscal year 2014 was 17.6% compared to a 22.6% in the prior year.  During the first quarters of fiscal years 2014 and 2013, the Company recorded non-cash deferred tax benefits of $10.6 million ($0.18 per share) and $8.4 million ($0.14 per share), respectively, principally associated with new tax legislation enacted in the United Kingdom (U.K.) that reduced the U.K. statutory income tax rates by 3% and 2%, respectively. The benefits recognized by the Company reflect the measurement of all applicable U.K. deferred tax balances to the new income tax rates of 21% effective April 1, 2014 and 20% effective April 1, 2015.  Excluding the impact of the tax benefits described above, the Company’s effective tax rate decreased from 27.3% to 24.6% principally due to a higher proportion of income from lower tax jurisdictions;  lower U.K. income tax rates and $2.5 million in tax reserve releases.
	Payments Related to Tax Audit in Germany
	In fiscal year 2003, the Company merged several of its German subsidiaries into a new operating entity which enabled the Company to increase (“step-up”) the tax deductible net asset basis of the merged subsidiaries to fair market value. The expected tax benefits to be derived from the step-up are approximately 50 million euros claimed as amortization over 15 years beginning in fiscal year 2003. As part of its routine tax audit process, the German tax authorities notified the Company in May 2012, they are challenging the Company’s tax position with respect to the amortization of certain stepped-up assets. The Company’s management and its advisors believe that it is “more likely than not” to successfully defend that the tax treatment was proper and in accordance with German tax regulations. The circumstances are not unique to the Company.
	Under German tax law, the Company must pay all contested taxes and the related interest to have the right to defend its position challenged by authorities.  As a result, the Company made deposits of 33 million euros in fiscal year 2013 and an additional 8 million euros in the first nine months of fiscal year 2014 related to amortization claimed on certain “stepped-up” assets. The Company has made all required payments to date. The Company expects that it will be required to deposit additional amounts up to 16 million euros plus interest for tax returns to be filed in future periods until the issue is resolved. The challenge is expected to ultimately be decided by a court and could take several years to reach resolution. If the Company is successful, as expected, the tax deposits will be returned with 6% simple interest, based on current German legislation. As of January 31, 2014, the USD equivalent of the deposit and accrued interest was $61.1 million which is recorded as Income Tax Deposits on the Condensed Consolidated Statements of Financial Position. The Company records the accrued interest at 6% within the Provision for Income Taxes in the Condensed Consolidated Statements of Income.

Defined_Benefit_Retirement_Pla

Defined Benefit Retirement Plans	9 Months Ended
	Jan. 31, 2014
Defined Benefit Retirement Plans [Abstract]	'
Defined Benefit Retirement Plans	'
		14	Defined Benefit Retirement Plans
	The components of net pension expense for the defined benefit plans were as follows (in thousands):
			For the Three Months						For the Nine Months
			Ended January 31,						Ended January 31,
			2014			2013			2014			2013
	Service Cost		$	2,042		$	5,052		$	6,004		$	14,209
	Interest Cost			7,509			7,165			22,173			20,954
	Expected Return on Plan Assets			(9,176	)		(7,805	)		(27,064	)		(23,297	)
	Net Amortization of Prior Service Cost			32			245			93			735
	Recognized Net Actuarial Loss			3,610			2,822			10,669			7,492
	Net Pension Expense		$	4,017		$	7,479		$	11,875		$	20,093
	As disclosed in the Company’s fiscal year 2013 Form 10-K, in March 2013 the Company’s Board of Directors approved plan amendments that froze the U.S. Employees’ Retirement Plan, Supplemental Benefit Plan, and Supplemental Executive Retirement Plan, effective June 30, 2013. These plans are U.S. defined benefit plans. Net Pension Expense for the three and nine months ended January 31, 2014 was lower compared to the prior year principally due to the freezing of the plans. Employer pension plan contributions were $14.5 million and $15.6 million for the nine months ended January 31, 2014 and 2013, respectively.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities	9 Months Ended
	Jan. 31, 2014
Derivative Instruments and Hedging Activities [Abstract]	'
Derivative Instruments and Hedging Activities	'
		15	Derivative Instruments and Hedging Activities
	The Company, from time-to-time, enters into forward exchange and interest rate swap contracts as a hedge against foreign currency asset and liability commitments, changes in interest rates and anticipated transaction exposures, including intercompany purchases. All derivatives are recognized as assets or liabilities and measured at fair value.  Derivatives that are not determined to be effective hedges are adjusted to fair value with a corresponding adjustment to earnings.  The Company does not use financial instruments for trading or speculative purposes.
	Interest Rate Contracts:
	The Company had $634.0 million of variable rate loans outstanding at January 31, 2014, which approximated fair value. As of January 31, 2014 and 2013, the interest rate swap agreements maintained by the Company were designated as fully effective cash flow hedges as defined under Accounting Standards Codification (“ASC”) 815 “Derivatives and Hedging”.  As a result, there was no impact on the Company’s Condensed Consolidated Statements of Income for changes in the fair value of the interest rate swaps. Under ASC 815, fully effective derivative instruments that are designated as cash flow hedges have changes in their fair value recorded initially within Accumulated Other Comprehensive Loss in the Condensed Consolidated Statements of Financial Position. As interest expense is recognized based on the variable rate loan agreements, the corresponding deferred gain or loss on the interest rate swaps is reclassified from Accumulated Other Comprehensive Loss to Interest Expense in the Condensed Consolidated Statements of Income. It is management’s intention that the notional amount of interest rate swaps be less than the variable rate loans outstanding during the life of the derivatives.
	On January 15, 2014, the Company entered into an interest rate swap agreement which fixed a portion of the variable interest due on its variable rate loans outstanding. Under the terms of the agreement, the Company pays a fixed rate of 0.47% and receives a variable rate of interest based on one-month LIBOR (as defined) from the counterparty which is reset every month for a two-year period ending January 15, 2016. As of January 31, 2014, the notional amount of the interest rate swap was $150.0 million.
	On March 30, 2012, the Company entered into an interest rate swap agreement which fixed a portion of the variable interest due on its variable rate loans outstanding. Under the terms of the agreement, the Company pays a fixed rate of 0.645% and receives a variable rate of interest based on one-month LIBOR (as defined) from the counterparty which is reset every month. As of January 31, 2014, the notional amount of the interest rate swap was $250.0 million. The agreement steps-down $100.0 million on March 31, 2014 and the remaining notional amount expires March 31, 2015.
	The Company records the fair value of its interest rate swaps on a recurring basis using Level 2 inputs of quoted prices for similar assets or liabilities in active markets. The fair value of the interest rate swaps as of January 31, 2014 and 2013 and April 30, 2013 was a deferred loss of $1.1 million, $1.4 million, and $1.6 million, respectively, and was recorded in Other Long-Term Liabilities in the Condensed Consolidated Statements of Financial Position based on the maturity dates of the contracts. The pre-tax losses that were reclassified from Accumulated Other Comprehensive Loss into Interest Expense for the three months ended January 31, 2014 and 2013 were $0.3 million and $0.4 million, respectively. The pre-tax losses that were reclassified from Accumulated Other Comprehensive Loss into Interest Expense for the nine months ended January 31, 2014 and 2013 were $0.9 million and $1.3 million, respectively.
	Foreign Currency Contracts:
	The Company may enter into forward exchange contracts to manage the Company’s exposure on certain foreign currency denominated assets and liabilities. The forward exchange contracts are marked to market through Foreign Exchange Transaction Gains (Losses) on the Condensed Consolidated Statements of Income, and carried at their fair value in the Condensed Consolidated Statements of Financial Position. Foreign currency denominated assets and liabilities are remeasured at spot rates in effect on the balance sheet date, with the effects of changes in spot rates reported in Foreign Exchange Transaction Gains (Losses). As of January 31, 2014 and 2013 and April 30, 2013, the total notional amounts of the open forward contracts in U.S. dollars were $121.1 million, $60.0 million, and $30.0 million, respectively. During the first nine months of fiscal years 2014 and 2013, the Company did not designate any forward exchange contracts as hedges under current accounting standards as the benefits of doing so were not material due to the short-term nature of the contracts. The fair value changes in the forward exchange contracts substantially mitigated the changes in the value of the applicable foreign currency denominated assets and liabilities.
	As of January 31, 2014 and 2013, the fair values of the open forward exchange contracts were losses of approximately $0.3 million and $1.3 million, respectively, and were recorded within Other Accrued Liabilities in the Condensed Consolidated Statements of Financial Position. The fair value of the open forward exchange contract as of April 30, 2013 was a gain of $0.1 million and was recorded within the Prepaid and Other line item.  The fair values were measured on a recurring basis using Level 2 inputs. For the three months ended January 31, 2014 and 2013, the losses recognized on the forward contracts were $0.3 million and $1.3 million, respectively. For the nine months ended January 31, 2014 and 2013, the losses recognized on the forward contracts were $0.4 million and $0.7 million, respectively.

ShareBased_Compensation_Tables

Share-Based Compensation (Tables)	9 Months Ended
	Jan. 31, 2014
Share-Based Compensation [Abstract]	'
Schedule of share-based compensation data for awards granted	'
	The following table provides share-based compensation data for awards granted by the Company:
		For the Nine Months
		Ended January 31,
		2014			2013
	Restricted Stock:
	Awards granted (in thousands)		375			294
	Weighted average fair value of grant	$	40.75		$	47.34
	Stock Options:
	Awards granted (in thousands)		322			401
	Weighted average fair value of grant	$	10.12		$	12.26
Weighted-average Black-Scholes fair value assumptions by stock option grants	'
	The weighted average Black-Scholes fair value assumptions for stock option grants are as follows:
		For the Nine Months
		Ended January 31,
		2014			2013
	Expected life of options (years)		7.4			7.3
	Risk-free interest rate		2.1	%		1.2	%
	Expected volatility		30.5	%		30.2	%
	Expected dividend yield		2.5	%		2	%
	Fair value of common stock on grant date	$	39.53		$	48.06

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Jan. 31, 2014
Accumulated Other Comprehensive Loss [Abstract]	'
Changes in accumulated other comprehensive loss by component, net of tax	'
	Changes in Accumulated Other Comprehensive Loss by component, net of tax, for the three and nine months ended January 31, 2014 were as follows (in thousands):
		Foreign			Unamortized			Interest
		Currency			Retirement			Rate
		Translation			Costs			Swaps			Total
	Balance at October 31, 2013	$	(93,402	)	$	(141,425	)	$	(636	)	$	(235,463	)
	Other comprehensive income (loss) before reclassifications		4,351			(1,134	)		(128	)		3,089
	Amounts reclassified from accumulated other comprehensive loss		-			2,611			86			2,697
	Total other comprehensive income (loss)		4,351			1,477			(42	)		5,786
	Balance at January 31, 2014	$	(89,051	)	$	(139,948	)	$	(678	)	$	(229,677	)
		Foreign			Unamortized			Interest
		Currency			Retirement			Rate
		Translation			Costs			Swaps			Total
	Balance at April 30, 2013	$	(134,539	)	$	(143,124	)	$	(969	)	$	(278,632	)
	Other comprehensive income (loss) before reclassifications		45,488			(4,528	)		(157	)		40,803
	Amounts reclassified from accumulated other comprehensive loss		-			7,704			448			8,152
	Total other comprehensive income		45,488			3,176			291			48,955
	Balance at January 31, 2014	$	(89,051	)	$	(139,948	)	$	(678	)	$	(229,677	)

Reconciliation_of_Weighted_Ave1

Reconciliation of Weighted Average Shares Outstanding (Tables)	9 Months Ended
	Jan. 31, 2014
Reconciliation of Weighted Average Shares Outstanding [Abstract]	'
Reconciliation of shares used in computation of earnings per share	'
	A reconciliation of the shares used in the computation of earnings per share follows (in thousands):
		For the Three Months						For the Nine Months
		Ended January 31,						Ended January 31,
		2014			2013			2014			2013
	Weighted average shares outstanding		59,040			59,856			58,857			59,874
	Less: Unearned restricted shares		(306	)		(235	)		(288	)		(218	)
	Shares used for basic earnings per share		58,734			59,621			58,569			59,656
	Dilutive effect of stock options and other stock awards		979			633			819			693
	Shares used for diluted earnings per share		59,713			60,254			59,388			60,349

Restructuring_Programs_Tables

Restructuring Programs (Tables)	9 Months Ended
	Jan. 31, 2014
Restructuring Programs [Abstract]	'
Pre-tax restructuring charges	'
	The following tables summarize the pre-tax restructuring charges related to this program, which are reflected in Restructuring Charges in the Condensed Consolidated Statements of Income (in thousands):
		For the			For the		Cumulative
		Three Months			Nine Months		Charges
		Ended			Ended		Incurred
		31-Jan-14			31-Jan-14		to Date
	Charges (Credits) by Segment:
	Research	$	(782	)	$	4,590	$	7,535
	Professional Development		(833	)		4,834		11,117
	Education		117			375		1,494
	Shared Services		5,754			17,528		31,633
	Total Restructuring Charges	$	4,256		$	27,327	$	51,779
	Charges (Credits) by Activity:
	Severance	$	(270	)	$	14,661	$	33,798
	Process reengineering consulting		2,588			8,199		10,834
	Other activities		1,938			4,467		7,147
	Total Restructuring Charges	$	4,256		$	27,327	$	51,779
Activity for Restructuring and Reinvestment Program liability	'
	The following table summarizes the activity for the Restructuring and Reinvestment Program liability for the nine months ended January 31, 2014 (in thousands):
										Foreign
		April 30,								Translation &			January 31,
		2013			Provisions		Payments			Reclassifications			2014
	Severance	$	18,803		$	14,661	$	(10,245	)	$	308		$	23,527
	Process reengineering consulting		1,101			8,199		(7,751	)		-			1,549
	Other activities		-			4,467		(1,040	)		(852	)		2,575
	Total	$	19,904		$	27,327	$	(19,036	)	$	(544	)	$	27,651

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Jan. 31, 2014
Segment Information [Abstract]	'
Segment information	'
	Segment information is as follows (in thousands):
		For the Three Months						For the Nine Months
		Ended January 31,						Ended January 31,
		2014			2013			2014			2013
	RESEARCH
	Revenue	$	248,797		$	240,902		$	747,532		$	726,679
	Direct Contribution to Profit	$	103,244		$	100,369		$	309,832		$	300,624
	Allocated Shared Services and Administrative Costs:
	Distribution		(11,011	)		(11,495	)		(33,714	)		(34,813	)
	Technology Services		(17,727	)		(16,517	)		(54,307	)		(49,736	)
	Occupancy and Other		(4,707	)		(4,642	)		(15,581	)		(16,412	)
	Contribution to Profit	$	69,799		$	67,715		$	206,230		$	199,663
	PROFESSIONAL DEVELOPMENT
	Revenue	$	94,201		$	113,106		$	270,832		$	316,360
	Direct Contribution to Profit	$	31,740		$	30,780		$	76,759		$	71,949
	Allocated Shared Services and Administrative Costs:
	Distribution		(9,320	)		(10,196	)		(27,861	)		(30,937	)
	Technology Services		(7,543	)		(7,238	)		(23,260	)		(21,662	)
	Occupancy and Other		(2,117	)		(1,469	)		(7,694	)		(8,054	)
	Contribution to Profit	$	12,760		$	11,877		$	17,944		$	11,296
	EDUCATION
	Revenue	$	114,935		$	118,427		$	299,742		$	271,885
	Direct Contribution to Profit	$	44,505		$	48,376		$	102,687		$	99,150
	Allocated Shared Services and Administrative Costs:
	Distribution		(4,012	)		(4,074	)		(11,755	)		(11,646	)
	Technology Services		(8,429	)		(8,049	)		(25,802	)		(22,548	)
	Occupancy and Other		(1,687	)		(1,198	)		(6,111	)		(4,893	)
	Contribution to Profit	$	30,377		$	35,055		$	59,019		$	60,063
	Total Contribution to Profit	$	112,936		$	114,647		$	283,193		$	271,022
	Unallocated Shared Services and Administrative Costs		(39,556	)		(31,021	)		(124,062	)		(85,460	)
	Operating Income	$	73,380		$	83,626		$	159,131		$	185,562

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Jan. 31, 2014
Inventories [Abstract]	'
Inventories	'
	Inventories were as follows (in thousands):
		As of January 31,						As of April 30,
		2014			2013			2013
	Finished goods	$	62,460		$	67,472		$	68,040
	Work-in-process		6,875			6,830			5,890
	Paper, cloth and other		7,088			9,911			6,577
		$	76,423			84,213		$	80,507
	Inventory value of estimated sales returns		8,797			8,508			6,862
	LIFO reserve		(6,052	)		(6,722	)		(5,352	)
	Total inventories	$	79,168		$	85,999		$	82,017

Intangible_Assets_Tables

Intangible Assets (Tables)	9 Months Ended
	Jan. 31, 2014
Intangible Assets [Abstract]	'
Schedule of intangible assets	'
	Intangible assets consisted of the following (in thousands):
		As of January 31,				As of April 30,
		2014		2013		2013
	Intangible assets with indefinite lives:
	Brands and trademarks	$	162,179	$	156,776	$	153,747
	Content and publishing rights		105,701		103,654		100,710
		$	267,880	$	260,430	$	254,457
	Net intangible assets with determinable lives:
	Content and publishing rights	$	529,197	$	553,390	$	529,934
	Customer relationships		150,649		158,843		155,702
	Brands and trademarks		13,400		15,729		13,806
	Covenants not to compete		805		1,142		1,058
		$	694,051	$	729,104	$	700,500
	Total	$	961,931	$	989,534	$	954,957

Defined_Benefit_Retirement_Pla1

Defined Benefit Retirement Plans (Tables)	9 Months Ended
	Jan. 31, 2014
Defined Benefit Retirement Plans [Abstract]	'
Components of net pension expense for the defined benefit plans	'
	The components of net pension expense for the defined benefit plans were as follows (in thousands):
		For the Three Months						For the Nine Months
		Ended January 31,						Ended January 31,
		2014			2013			2014			2013
	Service Cost	$	2,042		$	5,052		$	6,004		$	14,209
	Interest Cost		7,509			7,165			22,173			20,954
	Expected Return on Plan Assets		(9,176	)		(7,805	)		(27,064	)		(23,297	)
	Net Amortization of Prior Service Cost		32			245			93			735
	Recognized Net Actuarial Loss		3,610			2,822			10,669			7,492
	Net Pension Expense	$	4,017		$	7,479		$	11,875		$	20,093

ShareBased_Compensation_Detail

Share-Based Compensation (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
Share-Based Compensation [Abstract]	'	'	'	'
Share-based compensation expense	$3.70	$2	$11	$10
Weighted-average Black-Scholes fair value assumptions by stock option grants [Abstract]	'	'	'	'
Expected life of options (years)	'	'	'7 years 4 months 24 days	'7 years 3 months 18 days
Risk-free interest rate (in hundredths)	'	'	2.10%	1.20%
Expected volatility (in hundredths)	'	'	30.50%	30.20%
Expected dividend yield (in hundredths)	'	'	2.50%	2.00%
Fair value of common stock on grant date (in dollars per share)	$39.53	$48.06	$39.53	$48.06
Restricted Stock [Member]	'	'	'	'
Share-based compensation data for awards granted by the Company [Abstract]	'	'	'	'
Awards granted (in shares)	'	'	375	294
Weighted average fair value of grant (in dollars per share)	$40.75	$47.34	$40.75	$47.34
Stock Options [Member]	'	'	'	'
Share-based compensation data for awards granted by the Company [Abstract]	'	'	'	'
Awards granted (in shares)	'	'	322	401
Weighted average fair value of grant (in dollars per share)	'	'	$10.12	$12.26

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Loss (Details) (USD $)	3 Months Ended	9 Months Ended
	Jan. 31, 2014	Jan. 31, 2014	Jan. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'
Balance	($235,463,000)	($278,632,000)	($205,191,000)
Other comprehensive income (loss) before reclassifications	3,089,000	40,803,000	'
Amounts reclassified from accumulated other comprehensive loss	2,697,000	8,152,000	'
Total other comprehensive income (loss)	5,786,000	48,955,000	'
Balance	-229,677,000	-229,677,000	-205,191,000
Pension expense amortized from Accumulated Other Comprehensive Loss	3,700,000	10,900,000	'
Foreign Currency Translation [Member]	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'
Balance	-93,402,000	-134,539,000	'
Other comprehensive income (loss) before reclassifications	4,351,000	45,488,000	'
Amounts reclassified from accumulated other comprehensive loss	0	0	'
Total other comprehensive income (loss)	4,351,000	45,488,000	'
Balance	-89,051,000	-89,051,000	'
Unamortized Retirement Costs [Member]	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'
Balance	-141,425,000	-143,124,000	'
Other comprehensive income (loss) before reclassifications	-1,134,000	-4,528,000	'
Amounts reclassified from accumulated other comprehensive loss	2,611,000	7,704,000	'
Total other comprehensive income (loss)	1,477,000	3,176,000	'
Balance	-139,948,000	-139,948,000	'
Interest Rate Swaps [Member]	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'
Balance	-636,000	-969,000	'
Other comprehensive income (loss) before reclassifications	-128,000	-157,000	'
Amounts reclassified from accumulated other comprehensive loss	86,000	448,000	'
Total other comprehensive income (loss)	-42,000	291,000	'
Balance	($678,000)	($678,000)	'

Reconciliation_of_Weighted_Ave2

Reconciliation of Weighted Average Shares Outstanding (Details)	3 Months Ended		9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
Reconciliation of Weighted Average Shares Outstanding [Abstract]	'	'	'	'
Weighted average shares outstanding (in shares)	59,040,000	59,856,000	58,857,000	59,874,000
Less: Unearned restricted shares (in shares)	-306,000	-235,000	-288,000	-218,000
Shares used for basic earnings per share (in shares)	58,734,000	59,621,000	58,569,000	59,656,000
Dilutive effect of stock options and other stock awards (in shares)	979,000	633,000	819,000	693,000
Shares used for diluted earnings per share (in shares)	59,713,000	60,254,000	59,388,000	60,349,000
Stock Options [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Anti-dilutive shares excluded for diluted EPS calculation (in shares)	461,784	2,717,744	318,851	2,717,744
Restricted Stock [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Anti-dilutive shares excluded for diluted EPS calculation (in shares)	0	30,750	0	23,000

Acquisition_Details

Acquisition (Details) (USD $)	3 Months Ended		9 Months Ended		0 Months Ended	9 Months Ended		0 Months Ended	9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013	Oct. 25, 2012	Jan. 31, 2014	Jan. 31, 2013	Oct. 31, 2012	Jan. 31, 2014	Jan. 31, 2013
					Deltak.edu, LLC [Member]	Deltak.edu, LLC [Member]	Deltak.edu, LLC [Member]	Efficient Learning Systems [Member]	Efficient Learning Systems [Member]	Efficient Learning Systems [Member]
						OnlineProgram			Professional
Business Acquisition [Line Items]	'	'	'	'	'	'	'	'	'	'
Cash, net of cash acquired	'	'	'	'	$220,000,000	'	'	$24,000,000	'	'
Purchase price allocation, identifiable long-lived intangible assets	'	'	'	'	99,400,000	'	'	6,500,000	'	'
Purchase price allocation, long-term deferred tax liabilities	'	'	'	'	34,400,000	'	'	2,900,000	'	'
Purchase price allocation, technology	'	'	'	'	'	'	'	3,600,000	'	'
Fair value of net assets acquired	'	'	'	'	150,000,000	'	'	17,000,000	'	'
Estimated useful life of intangible assets acquired	'	'	'	'	'	'20 years	'	'	'	'
Number of online programs supported	'	'	'	'	'	100	'	'	'	'
Revenue	$457,933,000	$472,435,000	$1,318,106,000	$1,314,924,000	'	$50,400,000	$17,100,000	'	$6,100,000	$1,600,000
Number of professional Prepared for CPA Exams	'	'	'	'	'	'	'	'	65,000	'

Restructuring_Programs_Details

Restructuring Programs (Details) (USD $)

3 Months Ended

9 Months Ended

21 Months Ended

3 Months Ended

9 Months Ended

21 Months Ended

3 Months Ended

9 Months Ended

21 Months Ended

3 Months Ended

9 Months Ended

21 Months Ended

9 Months Ended

12 Months Ended

3 Months Ended

9 Months Ended

21 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

21 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

21 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

21 Months Ended

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Apr. 30, 2013

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Severance [Member]

Severance [Member]

Severance [Member]

Process Reengineering Consulting [Member]

Process Reengineering Consulting [Member]

Process Reengineering Consulting [Member]

Other Activities [Member]

Other Activities [Member]

Other Activities [Member]

Other Activities [Member]

Other Activities [Member]

Restructuring and Reinvestment Program [Member]

Other Restructuring Programs [Member]

Research [Member]

Research [Member]

Research [Member]

Research [Member]

Professional Development [Member]

Professional Development [Member]

Professional Development [Member]

Professional Development [Member]

Education [Member]

Education [Member]

Education [Member]

Education [Member]

Shared Services [Member]

Shared Services [Member]

Shared Services [Member]

Other Accrued Liabilities [Member]

Other Long-Term Liabilities [Member]

Subsequent Event [Member]

Other Restructuring Programs [Member]

Other Restructuring Programs [Member]

Other Restructuring Programs [Member]

Restructuring Cost and Reserve [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total restructuring charge

$4,256,000

$0

$27,327,000

$4,841,000

$51,779,000

($270,000)

$14,661,000

$33,798,000

$2,588,000

$8,199,000

$10,834,000

$1,938,000

$4,467,000

$7,147,000

'

'

'

$4,800,000

($782,000)

$4,590,000

$7,535,000

$3,000,000

($833,000)

$4,834,000

$11,117,000

$1,300,000

$117,000

$375,000

$1,494,000

$200,000

$5,754,000

$17,528,000

$31,633,000

Anticipated restructuring charge

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

After tax restructuring charge

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring charge (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0.06

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Activity for Restructuring and Reinvestment Program liability [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring Liability, Beginning Balance

'

'

19,904,000

'

'

'

18,803,000

'

'

1,101,000

'

'

0

'

1,200,000

1,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Provisions

4,256,000

0

27,327,000

4,841,000

51,779,000

-270,000

14,661,000

33,798,000

2,588,000

8,199,000

10,834,000

1,938,000

4,467,000

7,147,000

'

'

'

4,800,000

-782,000

4,590,000

7,535,000

3,000,000

-833,000

4,834,000

11,117,000

1,300,000

117,000

375,000

1,494,000

200,000

5,754,000

17,528,000

31,633,000

Payments

'

'

-19,036,000

'

'

'

-10,245,000

'

'

-7,751,000

'

'

-1,040,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Foreign Translation & Reclassifications

'

'

-544,000

'

'

'

308,000

'

'

0

'

'

-852,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring Liability, Ending Balance

$27,651,000

'

$27,651,000

'

$27,651,000

$23,527,000

$23,527,000

$23,527,000

$1,549,000

$1,549,000

$1,549,000

$2,575,000

$2,575,000

$2,575,000

$1,200,000

$1,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Impairment_Charges_Details

Impairment Charges (Details) (USD $)	9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jan. 31, 2014
Culinary, CliffsNotes, and Webster's New World and Publishing Programs [Member]	'
Impaired Intangible Assets [Line Items]	'
Pretax impairment charge	$12.10
Impairment of long lived assets to be disposed of, net of tax	7.5
Impairment of long lived assets to be disposed of, per share (in dollars per share)	$0.12
Assets held-for-sale after impairment	9.9
Proceeds from sale of key assets of business	11
Amount held in escrow	1.1
Inventory and Royalty Advances [Member]	'
Impaired Intangible Assets [Line Items]	'
Pretax impairment charge	3.4
Impairment of long lived assets to be disposed of, net of tax	2.1
Impairment of long lived assets to be disposed of, per share (in dollars per share)	$0.04
Technology Investments [Member]	'
Impaired Intangible Assets [Line Items]	'
Pretax impairment charge	4.8
Impairment of long lived assets to be disposed of, net of tax	$3.40
Impairment of long lived assets to be disposed of, per share (in dollars per share)	$0.06

Gain_on_Sale_of_Travel_Publish1

Gain on Sale of Travel Publishing Program (Details) (USD $)	3 Months Ended		9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
Impaired Intangible Assets [Line Items]	'	'	'	'
Pre-tax gain (loss) on sale of key assets	$0	$0	$0	$9,829,000
Travel Publishing Program [Member]	'	'	'	'
Impaired Intangible Assets [Line Items]	'	'	'	'
Proceeds from sale of key assets of business	'	'	'	22,000,000
Amount held in escrow	'	'	'	3,300,000
Pre-tax gain (loss) on sale of key assets	'	'	'	9,829,000
After tax gain (loss) on sale	'	$6,200,000	'	$6,200,000
After tax gain (loss) on sale of key assets of business (in dollars per share)	'	'	'	$0.10

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
			CoreBusinesses
Segment Information [Abstract]	'	'	'	'
Number of core businesses	'	'	3	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenue	$457,933	$472,435	$1,318,106	$1,314,924
Contribution to Profit	112,936	114,647	283,193	271,022
Unallocated Shared Services and Administrative Costs	-39,556	-31,021	-124,062	-85,460
Operating Income	73,380	83,626	159,131	185,562
Research [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenue	248,797	240,902	747,532	726,679
Direct contribution to profit	103,244	100,369	309,832	300,624
Research [Member] | Distribution [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Allocated Shared Services and Administrative Costs	-11,011	-11,495	-33,714	-34,813
Research [Member] | Technology Services [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Allocated Shared Services and Administrative Costs	-17,727	-16,517	-54,307	-49,736
Research [Member] | Occupancy and Other [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Allocated Shared Services and Administrative Costs	-4,707	-4,642	-15,581	-16,412
Research [Member] | Contribution to Profit (Loss) [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Contribution to Profit	69,799	67,715	206,230	199,663
Professional Development [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenue	94,201	113,106	270,832	316,360
Direct contribution to profit	31,740	30,780	76,759	71,949
Professional Development [Member] | Distribution [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Allocated Shared Services and Administrative Costs	-9,320	-10,196	-27,861	-30,937
Professional Development [Member] | Technology Services [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Allocated Shared Services and Administrative Costs	-7,543	-7,238	-23,260	-21,662
Professional Development [Member] | Occupancy and Other [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Allocated Shared Services and Administrative Costs	-2,117	-1,469	-7,694	-8,054
Professional Development [Member] | Contribution to Profit (Loss) [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Contribution to Profit	12,760	11,877	17,944	11,296
Education [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenue	114,935	118,427	299,742	271,885
Direct contribution to profit	44,505	48,376	102,687	99,150
Education [Member] | Distribution [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Allocated Shared Services and Administrative Costs	-4,012	-4,074	-11,755	-11,646
Education [Member] | Technology Services [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Allocated Shared Services and Administrative Costs	-8,429	-8,049	-25,802	-22,548
Education [Member] | Occupancy and Other [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Allocated Shared Services and Administrative Costs	-1,687	-1,198	-6,111	-4,893
Education [Member] | Contribution to Profit (Loss) [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Contribution to Profit	$30,377	$35,055	$59,019	$60,063

Inventories_Details

Inventories (Details) (USD $)	Jan. 31, 2014	Apr. 30, 2013	Jan. 31, 2013
In Thousands, unless otherwise specified
Inventories [Abstract]	'	'	'
Finished goods	$62,460	$68,040	$67,472
Work-in-process	6,875	5,890	6,830
Paper, cloth, and other	7,088	6,577	9,911
Gross inventory	76,423	80,507	84,213
Inventory value of estimated sales returns	8,797	6,862	8,508
LIFO reserve	-6,052	-5,352	-6,722
Total inventories	$79,168	$82,017	$85,999

Intangible_Assets_Details

Intangible Assets (Details) (USD $)	Jan. 31, 2014	Apr. 30, 2013	Jan. 31, 2013
In Thousands, unless otherwise specified
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Intangible assets with indefinite lives	$267,880	$254,457	$260,430
Finite-Lived Intangible Assets [Line Items]	'	'	'
Net intangible assets with determinable lives	694,051	700,500	729,104
Total	961,931	954,957	989,534
Content and Publishing Rights [Member]	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Net intangible assets with determinable lives	529,197	529,934	553,390
Customer Relationships [Member]	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Net intangible assets with determinable lives	150,649	155,702	158,843
Brands and Trademarks [Member]	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Net intangible assets with determinable lives	13,400	13,806	15,729
Covenants not to Compete [Member]	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Net intangible assets with determinable lives	805	1,058	1,142
Brands and Trademarks [Member]	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Intangible assets with indefinite lives	162,179	153,747	156,776
Content and Publishing Rights [Member]	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Intangible assets with indefinite lives	$105,701	$100,710	$103,654

Income_Taxes_Details

Income Taxes (Details)	9 Months Ended			12 Months Ended	9 Months Ended
	Jan. 31, 2014	Jan. 31, 2014	Jan. 31, 2013	Apr. 30, 2013	Jan. 31, 2014
	USD ($)	EUR (€)	USD ($)	EUR (€)	Foreign Tax Authority [Member]
Income Taxes [Abstract]	'	'	'	'	'
Effective tax rate (in hundredths)	17.60%	17.60%	22.60%	'	'
Non-cash deferred tax benefit associated with new tax legislation enacted in the U.K.	$10,634,000	'	$8,402,000	'	'
Non-cash deferred tax benefit associated with new tax legislation enacted in the U.K. (in dollars per share)	$0.18	'	$0.14	'	'
Reduction in U.K. statutory income tax rates (in hundredths)	3.00%	3.00%	2.00%	'	'
New income tax rate for U.K. in year 1	21.00%	21.00%	'	'	'
New income tax rate for U.K. year 2	20.00%	20.00%	'	'	'
Effective tax rate excluding the tax benefits due to new tax legislation enacted in the U.K. (in hundredths)	27.30%	27.30%	24.60%	'	'
Income tax reserve release	2,500,000	'	'	'	'
Expected tax benefits	'	50,000,000	'	'	'
Number of years for amortization	'15 years	'15 years	'	'	'
Deposit related to amortization	'	8,000,000	'	33,000,000	'
Additional deposits for future deposits	'	16,000,000	'	'	'
Income Tax Examination [Line Items]	'	'	'	'	'
Percentage of simple interest on refund (in hundredths)	'	'	'	'	6.00%
USD equivalent of the deposit and accrued interest	$61,100,000	'	'	'	'
Accrued interest percentage (in hundredths)	6.00%	6.00%	'	'	'

Defined_Benefit_Retirement_Pla2

Defined Benefit Retirement Plans (Details) (USD $)	3 Months Ended		9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
Defined benefit plans, net periodic benefit cost [Abstract]	'	'	'	'
Service Cost	$2,042,000	$5,052,000	$6,004,000	$14,209,000
Interest Cost	7,509,000	7,165,000	22,173,000	20,954,000
Expected Return on Plan Assets	-9,176,000	-7,805,000	-27,064,000	-23,297,000
Net Amortization of Prior Service Cost	32,000	245,000	93,000	735,000
Recognized Net Actuarial Loss	3,610,000	2,822,000	10,669,000	7,492,000
Net Pension Expense	4,017,000	7,479,000	11,875,000	20,093,000
Pension plan contributions	'	'	$14,500,000	$15,600,000

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

In Millions, unless otherwise specified

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Apr. 30, 2013

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Apr. 30, 2013

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Interest expense [Member]

Interest expense [Member]

Interest expense [Member]

Interest expense [Member]

Interest rate swaps [Member]

Interest rate swaps [Member]

Interest rate swaps [Member]

Interest rate swaps [Member]

Interest rate swaps [Member]

Interest rate swaps [Member]

Forward exchange contracts [Member]

Forward exchange contracts [Member]

Forward exchange contracts [Member]

Forward exchange contracts [Member]

Forward exchange contracts [Member]

Forward exchange contracts [Member]

Forward exchange contracts [Member]

Fair value, fair value disclosure [Member]

March 2012 Interest rate swap (variable rate loans) [Member]

March 2012 Interest rate swap (variable rate loans) [Member]

January 2014 Interest rate swap (variable rate loans) [Member]

Foreign exchange transaction losses [Member]

Foreign exchange transaction losses [Member]

Foreign exchange transaction losses [Member]

Foreign exchange transaction losses [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Variable rate loans outstanding

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$634

Derivative [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Inception date

'

'

'

'

'

'

'

'

30-Mar-12

15-Jan-14

'

'

'

'

'

'

'

'

Fixed interest rate (in hundredths)

'

'

'

'

'

'

'

0.65%

0.65%

0.47%

'

'

'

'

'

'

'

'

Fair value of derivative instrument

'

'

'

'

-1.1

-1.6

-1.4

'

'

'

-0.3

0.1

-1.3

'

'

'

'

'

Basis of variable interest rate, reference rate reset period (in months)

'

'

'

'

'

'

'

'1 month

'1 month

'1 month

'

'

'

'

'

'

'

'

Term of derivative instrument

'

'

'

'

'

'

'

'

'3 years

'2 years

'

'

'

'

'

'

'

'

Expiration date

'

'

'

'

'

'

'

'

31-Mar-15

15-Jan-16

'

'

'

'

'

'

'

'

Notional amount of derivative liability

'

'

'

'

'

'

'

250

250

150

121.1

30

60

'

'

'

'

'

Expected quarterly step-down

'

'

'

'

'

'

'

100

'

'

'

'

'

'

'

'

'

'

Debt instrument, description of variable rate basis

'

'

'

'

'

'

'

'

'one-month LIBOR

'one-month LIBOR

'

'

'

'

'

'

'

'

Derivative Instruments, Gain (Loss) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net losses reclassified from accumulated other comprehensive loss

0.3

0.4

0.9

1.3

'

'

'

'

'

'

'

'

'

'

'

'

'

'

(Losses)/gains recognized on derivative instruments

'

'

'

'

'

'

'

'

'

'

'

'

'

($0.30)

($1.30)

($0.40)

($0.70)

'