H&R Block (HRB) 10-Q 7 Sep 18 2019 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Jul. 31, 2018	Aug. 31, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 31, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q1
Entity Registrant Name	H&R BLOCK INC
Entity Central Index Key	12,659
Current Fiscal Year End Date	--04-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		205,520,820

Consolidated Statements Of Oper

Consolidated Statements Of Operations And Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
REVENUES:
Service revenues	$ 126,860	$ 124,695
Royalty, product and other revenues	18,323	13,107
Total revenues	145,183	137,802
OPERATING EXPENSES:
Cost of revenues	221,560	227,715
Selling, general and administrative	105,740	95,249
Total operating expenses	327,300	322,964
Other income (expense), net	4,542	1,220
Interest expense on borrowings	(21,190)	(21,277)
Loss from continuing operations before income tax benefit	(198,765)	(205,219)
Income tax benefit	(49,968)	(77,401)
Net loss from continuing operations	(148,797)	(127,818)
Net loss from discontinued operations, net of tax benefits of $1,162 and $1,605	(3,873)	(2,749)
Net loss	$ (152,670)	$ (130,567)
BASIC AND DILUTED LOSS PER SHARE:
Continuing operations (in usd per share)	$ (0.72)	$ (0.62)
Discontinued operations (in usd per share)	(0.02)	(0.01)
Consolidated (in usd per share)	(0.74)	(0.63)
DIVIDENDS PAID PER SHARE (in usd per share)	$ 0.25	$ 0.24
COMPREHENSIVE LOSS:
Net loss	$ (152,670)	$ (130,567)
Unrealized gains on securities, net of taxes:
Unrealized holding gains arising during the period, net of taxes of $1 and $ -	3	2
Change in foreign currency translation adjustments	(1,734)	2,460
Other comprehensive income (loss)	(1,731)	2,462
Comprehensive loss	$ (154,401)	$ (128,105)

Consolidated Statements Of Ope3

Consolidated Statements Of Operations And Comprehensive Loss (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Income Statement [Abstract]
Tax benefit on discontinued operations	$ 1,162	$ 1,605
Tax benefit on unrealized gains	$ 1	$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 31, 2018	Apr. 30, 2018	Jul. 31, 2017
ASSETS
Cash and cash equivalents	$ 979,116	$ 1,544,944	$ 551,566
Cash and cash equivalents - restricted	131,376	118,734	116,594
Receivables, less allowance for doubtful accounts of $65,445, $54,924 and $81,813	70,576	146,774	91,004
Income taxes receivable	15,776	12,310
Prepaid expenses and other current assets	85,279	68,951	74,776
Total current assets	1,282,123	1,891,713	833,940
Property and equipment, at cost, less accumulated depreciation and amortization of $768,302, $706,687 and $745,397	227,003	231,888	253,255
Intangible assets, net	354,831	373,981	393,972
Goodwill	507,941	507,871	493,991
Deferred tax assets and income taxes receivable	131,683	34,095	54,348
Other noncurrent assets	101,457	101,401	102,742
Total assets	2,605,038	3,140,949	2,132,248
LIABILITIES:
Accounts payable and accrued expenses	145,471	251,975	161,751
Accrued salaries, wages and payroll taxes	37,468	141,499	35,063
Accrued income taxes and reserves for uncertain tax positions	178,313	263,050	176,909
Current portion of long-term debt	1,038	1,026	992
Deferred revenue and other current liabilities	201,706	186,101	187,791
Total current liabilities	563,996	843,651	562,506
Long-term debt	1,495,006	1,494,609	1,493,422
Deferred tax liabilities and reserves for uncertain tax positions	231,292	229,430	159,233
Deferred revenue and other noncurrent liabilities	122,735	179,548	131,415
Total liabilities	2,413,029	2,747,238	2,346,576
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Common stock, no par, stated value $.01 per share, 800,000,000 shares authorized, shares issued of 242,026,278, 246,198,878 and 246,198,878	2,420	2,462	2,462
Additional paid-in capital	752,109	760,250	746,761
Accumulated other comprehensive loss	(16,034)	(14,303)	(12,837)
Retained earnings (deficit)	163,567	362,980	(229,647)
Less treasury shares, at cost, of 36,517,685, 37,141,486 and 36,944,789	(710,053)	(717,678)	(721,067)
Total stockholders' equity (deficiency)	192,009	393,711	(214,328)
Total liabilities and stockholders' equity	$ 2,605,038	$ 3,140,949	$ 2,132,248

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jul. 31, 2018	Apr. 30, 2018	Jul. 31, 2017
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 65,445	$ 81,813	$ 54,924
Accumulated depreciation and amortization	$ 768,302	$ 745,397	$ 706,687
Common stock, no par value	$ 0	$ 0	$ 0
Common stock, stated value per share	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized	800,000,000	800,000,000	800,000,000
Common stock, shares issued	242,026,278	246,198,878	246,198,878
Treasury stock, shares	36,517,685	36,944,789	37,141,486

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (152,670)	$ (130,567)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	40,432	43,598
Provision for bad debt	1,617	2,459
Deferred taxes	9,595	20,796
Stock-based compensation	4,359	4,816
Changes in assets and liabilities, net of acquisitions:
Receivables	66,960	64,985
Prepaid expenses and other current assets	(16,191)	(8,695)
Other noncurrent assets	3,272	5,499
Accounts payable and accrued expenses	(99,658)	(66,729)
Accrued salaries, wages and payroll taxes	(103,824)	(149,441)
Deferred revenue and other current liabilities	(782)	464
Deferred revenue and other noncurrent liabilities	(39,978)	(32,510)
Income tax receivables, accrued income taxes and income tax reserves	(89,661)	(149,542)
Other, net	966	(14,248)
Net cash used in operating activities	(375,563)	(409,115)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(12,057)	(13,094)
Payments made for business acquisitions, net of cash acquired	(1,449)	(1,440)
Franchise loans funded	(1,805)	(4,527)
Payments received on franchise loans	5,104	4,727
Other, net	3,645	1,371
Net cash used in investing activities	(6,562)	(12,963)
CASH FLOWS FROM FINANCING ACTIVITIES:
Dividends paid	(52,104)	(49,905)
Repurchase of common stock, including shares surrendered	(101,665)	(7,508)
Proceeds from exercise of stock options	1,355	27,418
Other, net	(17,494)	2,545
Net cash used in financing activities	(169,908)	(27,450)
Effects of exchange rate changes on cash	(1,153)	149
Net decrease in cash, cash equivalents and restricted cash	(553,186)	(449,379)
Cash, cash equivalents and restricted cash, beginning of period	1,663,678	1,117,539
Cash, cash equivalents and restricted cash, end of period	1,110,492	668,160
SUPPLEMENTARY CASH FLOW DATA:
Income taxes paid, net of refunds received	31,969	57,901
Interest paid on borrowings	15,519	15,519
Accrued additions to property and equipment	$ 9,974	$ 4,757

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	3 Months Ended
	Jul. 31, 2018
Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION – The consolidated balance sheets as of July 31, 2018 and 2017 , the consolidated statements of operations and comprehensive loss for the three months ended July 31, 2018 and 2017 , and the consolidated statements of cash flows for the three months ended July 31, 2018 and 2017 have been prepared by the Company, without audit. In the opinion of management, all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position, results of operations, and cash flows as of July 31, 2018 and 2017 and for all periods presented have been made. "H&R Block," "the Company," "we," "our," and "us" are used interchangeably to refer to H&R Block, Inc. or to H&R Block, Inc. and its subsidiaries, as appropriate to the context. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) have been condensed or omitted. These consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in our April 30, 2018 Annual Report to Shareholders on Form 10-K. All amounts presented herein as of April 30, 2018 or for the year then ended are derived from our April 30, 2018 Annual Report to Shareholders on Form 10-K. MANAGEMENT ESTIMATES – The preparation of financial statements in conformity with GAAP 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 the reported amounts of revenues and expenses during the reporting periods. Significant estimates, assumptions and judgments are applied in the evaluation of contingent losses arising from our discontinued mortgage business, contingent losses associated with pending claims and litigation, reserves for uncertain tax positions, the impact of legislation commonly referred to as the Tax Cuts and Jobs Act (Tax Legislation), and related matters. Estimates have been prepared based on the best information available as of each balance sheet date. As such, actual results could differ materially from those estimates. See note 7 for additional discussion of the impact of the Tax Legislation. SEASONALITY OF BUSINESS – Our operating revenues are seasonal in nature with peak revenues typically occurring in the months of February through April. Therefore, results for interim periods are not indicative of results to be expected for the full year. DISCONTINUED OPERATIONS – Our discontinued operations include the results of operations of Sand Canyon Corporation, previously known as Option One Mortgage Corporation (including its subsidiaries, collectively, SCC), which exited its mortgage business in fiscal year 2008. See notes 9 and 10 for additional information on litigation, claims, and other loss contingencies related to our discontinued operations. NEW ACCOUNTING PRONOUNCEMENTS – Revenue Recognition. In May 2014, the FASB issued Accounting Standards Update No. 2014-09, "Revenue from Contracts with Customers," (ASU 2014-09) which is a comprehensive new revenue recognition model that requires an entity to recognize the amount of revenue which reflects the consideration it expects to receive in exchange for the transfer of the promised goods or services to customers. This ASU also requires additional disclosure about the nature, amount, timing, and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract, and clarifies guidance for multiple-element arrangements. This guidance replaced most existing revenue recognition guidance in GAAP when it became effective. The new standard was effective for us on May 1, 2018, and we adopted using the full retrospective transition method. The adoption of this guidance did not have a significant impact on our consolidated financial statements. See note 2 to the consolidated financial statements for additional information. Income Taxes. In October 2016, the FASB issued Accounting Standards Update No. 2016-16, "Income Taxes (Topic 740): Intra-Entity Asset Transfers of Assets Other than Inventory," (ASU 2016-16). The new guidance eliminates the exception for intra-entity transfers other than inventory and requires the recognition of current and deferred income taxes resulting from such a transfer when the transfer occurs. This guidance was effective for us on May 1, 2018 and we adopted using the modified retrospective transition method. We recognized a $101.0 million cumulative effect adjustment to increase the opening balance of retained earnings and increase deferred tax assets resulting from intra-entity transfers of intellectual property in fiscal year 2018. Leases. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, "Leases" (ASU 2016-02), which will require the recognition of lease assets and lease liabilities by lessees for leases previously classified as operating leases. ASU 2016-02 also requires additional qualitative and quantitative disclosures related to the nature, timing and uncertainty of cash flows arising from leases. This guidance will be effective for us on May 1, 2019, with early adoption permitted, and requires the use of a modified retrospective transition approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. We are currently evaluating the impact of ASU 2016-02 on our consolidated financial statements. However, we expect the impact of this guidance on our consolidated financial statements could be significant, as our future minimum operating lease commitments totaled $820.9 million as of April 30, 2018.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Jul. 31, 2018
Revenue from Contract with Customer [Abstract]
Revenue Recognition	NOTE 2: REVENUE RECOGNITION On May 1, 2018, we adopted ASU 2014-09 using the full retrospective approach for all contracts as of the adoption date. As the adoption of this guidance did not have a significant impact on our consolidated financial statements, no adjustments were made to the prior year periods to be in compliance with ASU 2014-09. Revenue is recognized upon satisfaction of performance obligations by the transfer of a product or service to the customer. Revenue is the amount of consideration we expect to receive for our services and products, and excludes sales taxes. When providing the majority of our tax preparation services, we generally have multiple performance obligations that are provided simultaneously at a point in time and revenue is recognized at that time. Our Peace of Mind® Extended Service Plan (POM) and Tax Identity Shield® (TIS) products have multiple performance obligations that are provided over time. The transaction price for POM and TIS, which is due at the time of purchase, is allocated to the various performance obligations based on relative stand alone selling prices. Revenues for POM and TIS are deferred revenue until the respective performance obligations have been satisfied. We have determined that these contracts do not contain a significant financing component. The majority of our revenues are from our U.S. business. The following table disaggregates our U.S. revenues by major service line, with all international businesses included in a single line and consists primarily of tax preparation revenues: (in 000s) Three months ended July 31, 2018 2017 Revenues: U.S. assisted tax preparation $ 31,104 $ 29,963 U.S. royalties 7,571 6,967 U.S. DIY tax preparation 2,781 3,226 International revenues 39,179 40,417 Revenues from Refund Transfers 1,424 2,816 Revenues from Emerald Card® 14,246 14,987 Revenues from Peace of Mind® Extended Service Plan 36,577 31,943 Revenues from Tax Identity Shield® 4,741 254 Interest and fee income on Emerald Advance 447 664 Other 7,113 6,565 Total revenues $ 145,183 $ 137,802 Service revenues are recognized when performance obligations are satisfied as follows: ▪ Assisted and DIY online tax preparation revenues are recorded when a completed return is electronically filed or accepted by the customer. The value of point-of-sale discounts and coupons are recorded as a reduction of revenue. ▪ Fees for electronic filing of tax returns prepared using our DIY tax return preparation solutions are recorded when the return is electronically filed. ▪ Fees related to refund transfers (RTs) are recognized when the Internal Revenue Service (IRS) acknowledgment is received and the bank account is established at BofI Federal Bank, a federal savings bank (BofI). ▪ Revenues associated with our Emerald Card® program consist of interchange income from the use of debit cards and fees from the use of ATM networks, net of volume-based amounts retained by BofI in connection with our agreement. Interchange income is a fee paid by a merchant bank to BofI through the interchange network. Net revenue associated with our Emerald Card® is recognized based on cardholder transactions. ▪ Under POM we (1) represent our clients if they are audited by a taxing authority, and (2) assume the cost, subject to certain limits, of additional taxes owed by a client resulting from errors attributable to H&R Block. POM revenues are deferred and recognized over the term of the plan, based on the historical pattern of actual claims paid, as claims paid represent the transfer of POM services to the customer. The plan covers the life of the tax return, which can be up to six years; however, the majority of claims are incurred in years two and three after the sale of POM. ▪ Our TIS program offers clients assistance in helping protect their tax identity and access to services to help restore their tax identity, if necessary. Prevention services include a daily scan of the dark web for personal information, a pre-tax season identity theft risk assessment, notifying clients if their information is detected on a tax return filed through H&R Block, and obtaining additional IRS identity protections when eligible. TIS revenues are deferred and are recognized as the various services are provided to the client, either by us or a third party, throughout the term of the contract, which ends on April 30th of the following year. Royalty, product and other revenues are recognized when performance obligations are satisfied as follows: ▪ Royalties, which are based on contractual percentages of franchise gross receipts, are generally recorded in the period in which the services are provided by the franchisee to the customer. ▪ Revenue from the sale of DIY desktop software is recognized when the product is sold to the end user. Rebates and other incentives paid in connection with these sales are recorded as a reduction of revenue. ▪ Participation revenue on Emerald Advance lines of credit (EAs) is recorded over the life of the underlying loan. We defer revenues and incremental wages related to our POM and TIS programs. We also defer commissions paid to our franchisees and other costs related to the TIS program. The deferred wages and costs are amortized using the same method revenues are recognized. (in 000s) POM Deferred Revenue Deferred Wages Three months ended July 31, 2018 2017 2018 2017 Balance, beginning of the period $ 218,274 $ 211,223 $ 32,683 $ 31,344 Amounts deferred 1,392 1,403 62 20 Amounts recognized on previous deferrals (40,857 ) (35,534 ) (5,917 ) (5,177 ) Balance, end of the period $ 178,809 $ 177,092 $ 26,828 $ 26,187 As of July 31, 2018 , current deferred revenue related to POM was $115.6 million , which will be recognized over the next twelve months, while the remaining balance will be recognized over the following sixty months. All deferred revenue related to TIS will be recognized within this fiscal year. These amounts are recorded in deferred revenue and other liabilities on the consolidated balance sheet. (in 000s) TIS Deferred Revenue Deferred Costs Three months ended July 31, 2018 2017 2018 2017 Balance, beginning of the period $ 36,422 $ 20,623 $ 4,548 $ 3,063 Amounts deferred 235 146 20 — Amounts recognized on previous deferrals (4,741 ) (254 ) (113 ) — Balance, end of the period $ 31,916 $ 20,515 $ 4,455 $ 3,063 A significant portion of our accounts receivable balances, with the exception of those related to EAs, are subject to this new guidance. The majority of our services and products must be paid for at the time of service unless an RT is purchased and therefore, no receivable is recorded. Generally the prices of our services and products are fixed and determinable at the time of sale. For our RT product, we record a receivable for our fees which are then collected at the time the IRS issues the client’s refund. Our receivables from contracts with customers are generally collected on a periodic basis during and subsequent to the tax season. See note 4 for our accounts receivable balances.

Loss Per Share and Stockholders

Loss Per Share and Stockholders' Equity	3 Months Ended
	Jul. 31, 2018
Earnings Per Share [Abstract]
Loss Per Share and Stockholders' Equity	NOTE 3: LOSS PER SHARE AND STOCKHOLDERS' EQUITY LOSS PER SHARE – Basic and diluted loss per share is computed using the two-class method. The two-class method is an earnings allocation formula that determines net income per share for each class of common stock and participating security according to dividends declared and participation rights in undistributed earnings. Per share amounts are computed by dividing net income or loss from continuing operations attributable to common shareholders by the weighted average shares outstanding during each period. The dilutive effect of potential common shares is included in diluted earnings per share except in those periods with a loss from continuing operations. Diluted earnings per share excludes the impact of shares of common stock issuable upon the lapse of certain restrictions or the exercise of options to purchase 3.4 million shares for the three months ended July 31, 2018 , and 2.8 million shares for the three months ended July 31, 2017 , as the effect would be antidilutive due to the net loss from continuing operations during those periods. The computations of basic and diluted loss per share from continuing operations are as follows: (in 000s, except per share amounts) Three months ended July 31, 2018 2017 Net loss from continuing operations attributable to shareholders $ (148,797 ) $ (127,818 ) Amounts allocated to participating securities (142 ) (160 ) Net loss from continuing operations attributable to common shareholders $ (148,939 ) $ (127,978 ) Basic weighted average common shares 207,673 207,935 Potential dilutive shares — — Dilutive weighted average common shares 207,673 207,935 Loss per share from continuing operations attributable to common shareholders: Basic $ (0.72 ) $ (0.62 ) Diluted (0.72 ) (0.62 ) The weighted average shares outstanding for the three months ended July 31, 2018 decreased to 207.7 million from 207.9 million for the three months ended July 31, 2017 . The decrease is due to share repurchases completed in the current year. During the three months ended July 31, 2018 , we purchased and immediately retired 4.2 million shares at an aggregate cost of $97.1 million (average price of $23.27 per share). We did not repurchase and retire any shares during the three months ended July 31, 2017 . The cost of shares retired during the current period was allocated to the components of stockholders’ equity as follows: (in 000s) Common stock $ 42 Additional paid-in-capital 2,503 Retained earnings 94,560 Total $ 97,105 STOCK-BASED COMPENSATION – During the three months ended July 31, 2018 , we also acquired 0.2 million shares of our common stock at an aggregate cost of $4.6 million , which represent shares swapped or surrendered to us in connection with the vesting or exercise of stock-based awards. During the three months ended July 31, 2017 , we acquired 0.2 million shares at an aggregate cost of $7.5 million for similar purposes. During the three months ended July 31, 2018 and 2017 , we issued 0.6 million and 2.1 million shares of common stock, respectively, due to the vesting or exercise of stock-based awards. During the three months ended July 31, 2018 , we granted equity awards equivalent to 0.9 million shares under our stock-based compensation plans, consisting primarily of nonvested units. Stock-based compensation expense of our continuing operations totaled $4.4 million for the three months ended July 31, 2018 , and $4.8 million for the three months ended July 31, 2017 . As of July 31, 2018 , unrecognized compensation cost for stock options totaled $1.0 million , and for nonvested shares and units totaled $45.3 million .

Receivables

Receivables	3 Months Ended
	Jul. 31, 2018
Accounts, Notes, Loans and Financing Receivable, Unclassified [Abstract]
Receivables	NOTE 4: RECEIVABLES Receivables, net of their related allowance, consist of the following: (in 000s) As of July 31, 2018 July 31, 2017 April 30, 2018 Short-term Long-term Short-term Long-term Short-term Long-term Loans to franchisees $ 28,250 $ 35,776 $ 37,838 $ 40,111 $ 30,596 $ 35,212 Receivables for U.S assisted and DIY tax preparation and related fees 9,084 5,503 3,855 6,316 41,572 5,503 Instant Cash Back® receivables 1,306 2,031 2,411 — 27,192 2,057 H&R Block Emerald Advance® lines of credit 7,694 11,800 11,632 9,711 15,642 5,754 Software receivables from retailers 3,372 — 8,178 — 6,769 — Royalties and other receivables from franchisees 4,257 — 6,776 796 9,239 761 Other 16,613 3,665 20,314 4,011 15,764 3,147 $ 70,576 $ 58,775 $ 91,004 $ 60,945 $ 146,774 $ 52,434 Balances presented above as short-term are included in receivables, while the long-term portions are included in other noncurrent assets in the consolidated balance sheets. LOANS TO FRANCHISEES – Franchisee loan balances consist of term loans made primarily to finance the purchase of franchises and revolving lines of credit primarily for the purpose of funding off-season working capital needs. As of July 31, 2018 and 2017 , loans with a principal balance of $1.2 million and $0.9 million , respectively, were more than 90 days past due. We had no loans to franchisees on non-accrual status. INSTANT CASH BACK® PROGRAM – Instant Cash Back® amounts are generally received from the Canada Revenue Agency (CRA) within 60 days of filing the client's return, with the remaining balance collectible from the client. As of July 31, 2018 and 2017 , we had $1.4 million and $1.2 million , respectively, of Instant Cash Back balances more than 60 days old due from the CRA. We review the credit quality of our Instant Cash Back receivables based on pools, which are segregated by the year of origination, with older years being deemed more unlikely to be repaid. As of July 31, 2018 , gross balances of $4.6 million and $1.2 million , were related to tax returns for calendar year 2017 and 2016 and prior, respectively. H&R BLOCK EMERALD ADVANCE® LINES OF CREDIT – We review the credit quality of our purchased participation interests in EA receivables based on pools, which are segregated by the year of origination, with older years being deemed more unlikely to be repaid. Beginning in fiscal year 2018, we now charge-off older balances in December while in prior years, these charge-offs happened in April. This change was made to align with our practices on other financial receivables. Current balances and amounts on non-accrual status and classified as impaired, or more than 60 days past due, as of July 31, 2018 and 2017 , by year of origination, are as follows: (in 000s) As of July 31, 2018 2017 Year of origination: Current Balance Non-Accrual Year of origination: Current Balance Non-Accrual 2018 $ 24,068 $ 24,068 2017 $ 9,346 $ 9,346 2017 and prior 7,988 7,988 2016 and prior 6,898 6,898 Revolving loans 14,060 11,834 Revolving loans 15,222 11,886 46,116 $ 43,890 31,466 $ 28,130 Allowance (1) (26,622 ) Allowance (1) (10,123 ) Net balance $ 19,494 Net balance $ 21,343 (1) As of July 31, 2018 , the allowance relates to estimated uncollectible balances from the 2018 tax season and past due revolving loans. As of July 31, 2017 , the allowance related solely to revolving loans. ALLOWANCE FOR DOUBTFUL ACCOUNTS – Activity in the allowance for doubtful accounts for our EA and all other short-term and long-term receivables for the three months ended July 31, 2018 and 2017 is as follows: (in 000s) EAs All Other Total Balances as of April 30, 2018 $ 26,622 $ 55,191 $ 81,813 Provision — 1,617 1,617 Recoveries — (2,475 ) (2,475 ) Charge-offs — (2,155 ) (2,155 ) Balances as of July 31, 2018 $ 26,622 $ 52,178 $ 78,800 Balances as of April 30, 2017 $ 10,123 $ 46,552 $ 56,675 Provision — 2,459 2,459 Recoveries — — — Charge-offs — (2,831 ) (2,831 ) Balances as of July 31, 2017 $ 10,123 $ 46,180 $ 56,303

Goodwill And Intangible Assets

Goodwill And Intangible Assets	3 Months Ended
	Jul. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Intangible Assets	NOTE 5: GOODWILL AND INTANGIBLE ASSETS Changes in the carrying amount of goodwill for the three months ended July 31, 2018 and 2017 are as follows: (in 000s) Goodwill Accumulated Impairment Losses Net Balances as of April 30, 2018 $ 540,168 $ (32,297 ) $ 507,871 Acquisitions 651 — 651 Disposals and foreign currency changes, net (581 ) — (581 ) Impairments — — — Balances as of July 31, 2018 $ 540,238 $ (32,297 ) $ 507,941 Balances as of April 30, 2017 $ 523,504 $ (32,297 ) $ 491,207 Acquisitions 252 — 252 Disposals and foreign currency changes, net 2,532 — 2,532 Impairments — — — Balances as of July 31, 2017 $ 526,288 $ (32,297 ) $ 493,991 We test goodwill for impairment annually in our fourth quarter, or more frequently if events occur or circumstances change which would, more likely than not, reduce the fair value of a reporting unit below its carrying value. Components of intangible assets are as follows: (in 000s) Gross Carrying Amount Accumulated Amortization Net As of July 31, 2018: Reacquired franchise rights $ 339,747 $ (119,386 ) $ 220,361 Customer relationships 256,858 (171,542 ) 85,316 Internally-developed software 137,914 (114,622 ) 23,292 Noncompete agreements 32,888 (30,144 ) 2,744 Franchise agreements 19,201 (12,374 ) 6,827 Purchased technology 54,700 (39,210 ) 15,490 Acquired assets pending final allocation (1) 801 — 801 $ 842,109 $ (487,278 ) $ 354,831 As of July 31, 2017: Reacquired franchise rights $ 331,371 $ (96,600 ) $ 234,771 Customer relationships 235,413 (140,881 ) 94,532 Internally-developed software 143,206 (112,894 ) 30,312 Noncompete agreements 32,498 (28,143 ) 4,355 Franchise agreements 19,201 (11,094 ) 8,107 Purchased technology 54,700 (33,444 ) 21,256 Acquired assets pending final allocation (1) 639 — 639 $ 817,028 $ (423,056 ) $ 393,972 As of April 30, 2018: Reacquired franchise rights $ 339,779 $ (113,856 ) $ 225,923 Customer relationships 256,137 (164,005 ) 92,132 Internally-developed software 140,255 (111,734 ) 28,521 Noncompete agreements 32,899 (29,673 ) 3,226 Franchise agreements 19,201 (12,054 ) 7,147 Purchased technology 54,700 (37,770 ) 16,930 Acquired assets pending final allocation (1) 102 — 102 $ 843,073 $ (469,092 ) $ 373,981 (1) Represents business acquisitions for which final purchase price allocations have not yet been determined. During the three months ended July 31, 2018 and 2017 , we made payments to acquire franchisee and competitor businesses totaling $1.4 million in each year. Amortization of intangible assets for the three months ended July 31, 2018 and 2017 was $18.1 million and $19.2 million , respectively. Estimated amortization of intangible assets for fiscal years 2019 , 2020 , 2021 , 2022 and 2023 is $69.4 million , $52.8 million , $37.4 million , $25.3 million and $13.4 million , respectively.

Long-Term Debt

Long-Term Debt	3 Months Ended
	Jul. 31, 2018
Debt Disclosure [Abstract]
Long-term Debt	NOTE 6: LONG-TERM DEBT The components of long-term debt are as follows: (in 000s) As of July 31, 2018 July 31, 2017 April 30, 2018 Senior Notes, 4.125%, due October 2020 $ 650,000 $ 650,000 $ 650,000 Senior Notes, 5.500%, due November 2022 500,000 500,000 500,000 Senior Notes, 5.250%, due October 2025 350,000 350,000 350,000 Capital lease obligation 5,376 6,368 5,628 Debt issuance costs and discounts (9,332 ) (11,954 ) (9,993 ) 1,496,044 1,494,414 1,495,635 Less: Current portion (1,038 ) (992 ) (1,026 ) $ 1,495,006 $ 1,493,422 $ 1,494,609 UNSECURED COMMITTED LINE OF CREDIT – On September 22, 2017, we entered into a Second Amended and Restated Credit and Guarantee Agreement (2017 CLOC), which further amended our First Amended and Restated Credit and Guarantee Agreement (2016 CLOC), extending the scheduled maturity date from September 22, 2021 to September 22, 2022. Other material terms remain unchanged from our 2016 CLOC. The 2017 CLOC provides for an unsecured senior revolving credit facility in the aggregate principal amount of $2.0 billion , which includes a $200.0 million sublimit for swingline loans and a $50.0 million sublimit for standby letters of credit. We may request increases in the aggregate principal amount of the revolving credit facility of up to $500.0 million , subject to obtaining commitments from lenders and meeting certain other conditions. The 2017 CLOC will mature on September 22, 2022, unless extended pursuant to the terms of the 2017 CLOC, at which time all outstanding amounts thereunder will be due and payable. The 2017 CLOC includes an annual facility fee, which will vary depending on our then current credit ratings. The 2017 CLOC is subject to various conditions, triggers, events or occurrences that could result in earlier termination and contains customary representations, warranties, covenants and events of default, including, without limitation: (1) a covenant requiring the Company to maintain a debt-to-EBITDA ratio calculated on a consolidated basis of no greater than (a) 3.50 to 1.00 as of the last day of each fiscal quarter ending on April 30, July 31, and October 31 of each year and (b) 4.50 to 1.00 as of the last day of each fiscal quarter ending on January 31 of each year; (2) a covenant requiring us to maintain an interest coverage ratio (EBITDA-to-interest expense) calculated on a consolidated basis of not less than 2.50 to 1.00 as of the last date of any fiscal quarter; and (3) covenants restricting our ability to incur certain additional debt, incur liens, merge or consolidate with other companies, sell or dispose of assets (including equity interests), liquidate or dissolve, engage in certain transactions with affiliates or enter into certain restrictive agreements. The 2017 CLOC includes provisions for an equity cure which could potentially allow us to independently cure certain defaults. Proceeds under the 2017 CLOC may be used for working capital needs or for other general corporate purposes. We were in compliance with these requirements as of July 31, 2018 . We had no outstanding balance under the 2017 CLOC as of July 31, 2018 , and amounts available to borrow were limited by the debt-to-EBITDA covenant to approximately $1.7 billion as of July 31, 2018 . The estimated fair value of our long-term debt as of July 31, 2018 and 2017 and April 30, 2018 totaled $1.5 billion , $1.6 billion and $1.5 billion , respectively.

Income Taxes

Income Taxes	3 Months Ended
	Jul. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 7: INCOME TAXES We file a consolidated federal income tax return in the U.S. with the IRS and file tax returns in various state, local, and foreign jurisdictions. Tax returns are typically examined and either settled upon completion of the examination or through the appeals process. The Company’s U.S. federal income tax return for 2016 is currently under examination. Our U.S. federal income tax return for 2015 has not been audited and remains open to examination. Our U.S. federal income tax returns for 2014 and all prior periods are closed. With respect to state and local jurisdictions and countries outside of the United States, we are typically subject to examination for three to six years after the income tax returns have been filed. Although the outcome of tax audits are always uncertain, we believe that adequate amounts of tax, interest, and penalties have been provided for in the accompanying consolidated financial statements for any adjustments that might be incurred due to federal, state, local or foreign audits. On December 22, 2017, the U.S. government enacted the Tax Legislation, which made broad and complex changes to the U.S. tax code that impacted our financial statements, the most significant being a reduction in the U.S. federal corporate income tax rate from 35% to 21% and the imposition of a one-time transition tax on certain earnings of foreign subsidiaries. In addition, the Securities and Exchange Commission (SEC) staff issued Staff Accounting Bulletin 118 (SAB 118), which provides guidance on accounting for the tax effects of the Tax Legislation. SAB 118 provides a measurement period that should not extend beyond one year from the Tax Legislation’s enactment date for companies to complete their analysis and apply the provisions of the Tax Legislation to their financial statements. To the extent a company’s accounting for certain income tax effects of the Tax Legislation is incomplete but the company is able to determine a reasonable estimate, it must record a provisional estimate in the financial statements. If a company cannot determine a provisional estimate to be included in the financial statements, it should continue to apply the provisions of the tax laws that were in effect immediately before the enactment of the Tax Legislation. During the first quarter of fiscal year 2019 , we continued our assessment of the corporate income tax impacts expected to result from the Tax Legislation. Our financial statements reflect reasonable provisional estimates of the effects of the Tax Legislation in computing our deferred taxes, the one-time transition tax, the impact of global intangible low taxed income (GILTI), unrecognized tax benefits, and the indirect impacts of the Tax Legislation on state and local taxes. During the three months ended July 31, 2018 , the Company recognized immaterial adjustments to the provisional amounts recorded as of April 30, 2018 and included these adjustments as a component of tax expense from continuing operations. We are in the process of finalizing our assessment of the impact of the Tax Legislation and our provisional estimates may change as a result of additional analysis of the underlying calculations or additional regulatory guidance that clarifies the interpretations of the Tax Legislation. Consistent with prior years, our pretax loss for the three months ended July 31, 2018 is expected to be offset by income in the fourth quarter due to the established pattern of seasonality in our primary business operations. As such, management has determined that it is at least more-likely-than-not that realization of tax benefits recorded in our financial statements will occur within our fiscal year. The amount of tax benefit recorded for the three months ended July 31, 2018 reflects management’s estimate of the annual effective tax rate applied to the year-to-date loss from continuing operations adjusted for the tax impact of items discrete to the quarter. Our effective tax rate from continuing operations, including the effects of discrete income tax items, was 25.1% and 37.7% for the three months ended July 31, 2018 and 2017 , respectively. The reduced effective tax rate results primarily from the decrease in the U.S. federal corporate income tax rate from 35% to 21%, effective January 1, 2018. We had gross unrecognized tax benefits of $204.5 million , $141.4 million and $186.1 million as of July 31, 2018 and 2017 and April 30, 2018 , respectively. The gross unrecognized tax benefits increased $18.4 million and decreased $8.5 million during the three months ended July 31, 2018 and 2017 , respectively. We believe it is reasonably possible that the balance of unrecognized tax benefits could decrease by approximately $17.6 million within the next twelve months. The anticipated decrease is due to the expiration of statutes of limitations and anticipated closure of various tax matters currently under examination. For such matters where a change in the balance of unrecognized tax benefits is not yet deemed reasonably possible, no estimate has been included. The portion of unrecognized benefits expected to be cash settled within the next twelve months amounts to $10.0 million . Deferred tax assets and income taxes receivable increased by $97.6 million from April 30, 2018 primarily due to the adoption of ASU 2016-16. See note 1 for additional information. While we believe we have identified all material implications the Tax Legislation is expected to have on our financial statements and were able to record a reasonable estimate of the impacts as provisional amounts as of and for the three months ended July 31, 2018 , we are continuing to evaluate the impacts of the Tax Legislation and do not consider these provisional estimates to be final. The final impacts may differ from the estimates provided, and could have a material impact on our financial statements. Given the significant complexity of the Tax Legislation, changes may result due to further analyzing the impact of the provisions on our federal and state estimates. In addition, following the issuance of anticipated guidance from the IRS about implementing the Tax Legislation, and the potential for additional guidance from the SEC or the FASB related to the Tax Legislation, these estimates may be adjusted.

Other Income And Other Expenses

Other Income And Other Expenses	3 Months Ended
	Jul. 31, 2018
Other Income and Expenses [Abstract]
Other Income And Other Expenses	NOTE 8: OTHER INCOME AND OTHER EXPENSES The following table shows the components of other income (expense), net: (in 000s) Three months ended July 31, 2018 2017 Interest income $ 4,497 $ 1,444 Foreign currency gains (losses), net (3 ) 131 Other, net 48 (355 ) $ 4,542 $ 1,220

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Jul. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	NOTE 9: COMMITMENTS AND CONTINGENCIES Assisted tax returns are covered by our 100% accuracy guarantee, whereby we will reimburse a client for penalties and interest attributable to an H&R Block error on a return. DIY tax returns are covered by our 100% accuracy guarantee, whereby we will reimburse a client up to a maximum of $10,000 , if our software makes an arithmetic error that results in payment of penalties and/or interest to the IRS that a client would otherwise not have been required to pay. Our liability related to estimated losses under the 100% accuracy guarantee was $8.6 million , $4.5 million and $9.4 million as of July 31, 2018 and 2017 and April 30, 2018 , respectively. The short-term and long-term portions of this liability are included in deferred revenue and other liabilities in the consolidated balance sheets. Our liability related to acquisitions for estimated contingent consideration was $10.6 million , $9.1 million and $12.1 million as of July 31, 2018 and 2017 and April 30, 2018 , respectively, with amounts recorded in deferred revenue and other liabilities. Estimates of contingent payments are typically based on expected financial performance of the acquired business and economic conditions at the time of acquisition. Should actual results differ from our assumptions, future payments made will differ from the above estimate and any differences will be recorded in results from continuing operations. We have contractual commitments to fund certain franchises with approved revolving lines of credit. Our total obligation under these lines of credit was $33.4 million at July 31, 2018 , and net of amounts drawn and outstanding, our remaining commitment to fund totaled $14.3 million . LOSS CONTINGENCIES PERTAINING TO DISCONTINUED MORTGAGE OPERATIONS – SCC ceased originating mortgage loans in December 2007 and, in April 2008, sold its servicing assets and discontinued its remaining operations. Mortgage loans originated by SCC were sold either as whole loans to single third-party buyers, who generally securitized such loans, or in the form of residential mortgage-backed securities (RMBSs). In connection with the sale of loans and/or RMBSs, SCC made certain representations and warranties. Claims under these representations and warranties together with any settlement arrangements related to these losses are collectively referred to as "representation and warranty claims." SCC accrues a liability for losses related to representation and warranty claims when those losses are believed to be both probable and reasonably estimable. SCC’s loss estimate is based on the best information currently available, management judgment, developments in relevant case law, and the terms of bulk settlements. In periods when a liability is accrued for such loss contingencies, the liability is included in deferred revenue and other current liabilities on the consolidated balance sheets. SCC had no liability accrued for these losses as of July 31, 2018 or April 30, 2018 , compared to $4.5 million at July 31, 2017 . See note 10 , which addresses contingent losses that may be incurred with respect to various indemnification or contribution claims by underwriters, depositors, and securitization trustees in securitization transactions in which SCC participated.

Litigation And Other Related Co

Litigation And Other Related Contingencies	3 Months Ended
	Jul. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Litigation And Other Related Contingencies	NOTE 10: LITIGATION AND OTHER RELATED CONTINGENCIES We are a defendant in numerous litigation matters, arising both in the ordinary course of business and otherwise, including as described below. The matters described below are not all of the lawsuits to which we are subject. In some of the matters, very large or indeterminate amounts, including punitive damages, are sought. U.S. jurisdictions permit considerable variation in the assertion of monetary damages or other relief. Jurisdictions may permit claimants not to specify the monetary damages sought or may permit claimants to state only that the amount sought is sufficient to invoke the jurisdiction of the court. In addition, jurisdictions may permit plaintiffs to allege monetary damages in amounts well exceeding reasonably possible verdicts in the jurisdiction for similar matters. We believe that the monetary relief which may be specified in a lawsuit or a claim bears little relevance to its merits or disposition value due to this variability in pleadings and our experience in litigating or resolving through settlement of numerous claims over an extended period of time. The outcome of a litigation matter and the amount or range of potential loss at particular points in time may be difficult to ascertain. Among other things, uncertainties can include how fact finders will evaluate documentary evidence and the credibility and effectiveness of witness testimony, and how trial and appellate courts will apply the law. Disposition valuations are also subject to the uncertainty of how opposing parties and their counsel will themselves view the relevant evidence and applicable law. In addition to litigation matters, we are also subject to claims and other loss contingencies arising out of our business activities, including as described below. We accrue liabilities for litigation, claims, including indemnification and contribution claims, and other related loss contingencies and any related settlements (each referred to, individually, as a "matter" and, collectively, as "matters") when it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. If a range of loss is estimated, and some amount within that range appears to be a better estimate than any other amount within that range, then that amount is accrued. If no amount within the range can be identified as a better estimate than any other amount, we accrue the minimum amount in the range. For such matters where a loss is believed to be reasonably possible, but not probable, or the loss cannot be reasonably estimated, no accrual has been made. It is possible that such matters could require us to pay damages or make other expenditures or accrue liabilities in amounts that could not be reasonably estimated as of July 31, 2018 . While the potential future liabilities could be material in the particular quarterly or annual periods in which they are recorded, based on information currently known, we do not believe any such liabilities are likely to have a material adverse effect on our business and our consolidated financial position, results of operations, and cash flows. As of July 31, 2018 and 2017 and April 30, 2018 , our total accrued liabilities were $2.8 million , $1.7 million and $2.7 million , respectively. Our aggregate range of reasonably possible losses includes (1) matters where a liability has been accrued and there is a reasonably possible loss in excess of the amount accrued for that liability, and (2) matters where a loss is believed to be reasonably possible, but a liability has not been accrued. This aggregate range only represents those losses as to which we are currently able to estimate a reasonably possible loss or range of loss. It does not represent our maximum loss exposure. The estimated range of reasonably possible loss is based upon currently available information and is subject to significant judgment and a variety of assumptions, as well as known and unknown uncertainties. The matters underlying the estimated range will change from time to time, and actual results may vary significantly from the current estimate. As of July 31, 2018 , we believe the aggregate range of reasonably possible losses in excess of amounts accrued is not material. For other matters, we are not currently able to estimate the reasonably possible loss or range of loss. We are often unable to estimate the possible loss or range of loss until developments in such matters have provided sufficient information to support an assessment of the reasonably possible loss or range of loss, such as precise information about the amount of damages or other remedies being asserted, the defenses to the claims being asserted, discovery from other parties and investigation of factual allegations, rulings by courts on motions or appeals, analysis by experts, or the status or terms of any settlement negotiations. On a quarterly and annual basis, we review relevant information with respect to litigation and other loss contingencies and update our accruals, disclosures, and estimates of reasonably possible loss or range of loss based on such reviews. Costs incurred with defending matters are expensed as incurred. Any receivable for insurance recoveries is recorded separately from the corresponding liability, and only if recovery is determined to be probable and reasonably estimable. We believe we have meritorious defenses to the claims asserted in the various matters described in this note, and we intend to defend them vigorously, but there can be no assurances as to their outcomes. In the event of unfavorable outcomes, it could require modifications to our operations; in addition, the amounts that may be required to be paid to discharge or settle the matters could be substantial and could have a material adverse impact on our business and our consolidated financial position, results of operations, and cash flows. LITIGATION, CLAIMS, INCLUDING INDEMNIFICATION AND CONTRIBUTION CLAIMS, OR OTHER LOSS CONTINGENCIES PERTAINING TO DISCONTINUED MORTGAGE OPERATIONS – Although SCC ceased its mortgage loan origination activities in December 2007 and sold its loan servicing business in April 2008, SCC or the Company has been, remains, and may in the future be, subject to litigation, claims, including indemnification and contribution claims, and other loss contingencies pertaining to SCC's mortgage business activities that occurred prior to such termination and sale. These lawsuits, claims, and other loss contingencies include actions by regulators, third parties seeking indemnification or contribution, including depositors, underwriters, and securitization trustees, individual plaintiffs, and cases in which plaintiffs seek to represent a class of others alleged to be similarly situated. Among other things, these lawsuits, claims, and contingencies allege or may allege discriminatory or unfair and deceptive loan origination and servicing (including debt collection, foreclosure, and eviction) practices, other common law torts, rights to indemnification or contribution, breach of contract, violations of securities laws, and violations of a variety of federal statutes, including the Truth in Lending Act (TILA), Equal Credit Opportunity Act, Fair Housing Act, Real Estate Settlement Procedures Act (RESPA), Home Ownership & Equity Protection Act (HOEPA), as well as similar state statutes. It is difficult to predict either the likelihood of new matters being initiated or the outcome of existing matters. In many of these matters it is not possible to estimate a reasonably possible loss or range of loss due to, among other things, the inherent uncertainties involved in these matters, some of which are beyond the Company's control, and the indeterminate damages sought in some of these matters. Mortgage loans originated by SCC were sold either as whole loans to single third-party buyers, who generally securitized such loans, or in the form of RMBSs. In connection with the sale of loans and/or RMBSs, SCC made certain representations and warranties. The statute of limitations for a contractual claim to enforce a representation and warranty obligation is generally six years or such shorter limitations period that may apply under the law of a state where the economic injury occurred. On June 11, 2015, the New York Court of Appeals, New York’s highest court, held in ACE Securities Corp. v. DB Structured Products, Inc. , that the six-year statute of limitations under New York law starts to run at the time the representations and warranties are made, not the date when the repurchase demand was denied. This decision applies to claims and lawsuits brought against SCC where New York law governs. New York law governs many, though not all, of the RMBS transactions into which SCC entered. However, this decision would not affect representation and warranty claims and lawsuits SCC has received or may receive, for example, where the statute of limitations has been tolled by agreement or a suit was timely filed. In response to the statute of limitations rulings in the ACE case and similar rulings in other state and federal courts, parties seeking to pursue representation and warranty claims or lawsuits have sought, and may in the future seek, to distinguish certain aspects of the ACE decision, pursue alternate legal theories of recovery, or assert claims against other contractual parties such as securitization trustees. For example, a 2016 ruling by a New York intermediate appellate court, followed by the federal district court in the second Homeward case described below, allowed a counterparty to pursue litigation on additional loans in the same trust even though only some of the loans complied with the condition precedent of timely pre-suit notice and opportunity to cure or repurchase. Additionally, plaintiffs in litigation to which SCC is not party have alleged breaches of an independent contractual duty to provide notice of material breaches of representations and warranties and pursued separate claims to which, they argue, the statute of limitations ruling in the ACE case does not apply. The impact on SCC from alternative legal theories seeking to avoid or distinguish the ACE decision, or judicial limitations on the ACE decision, is unclear. SCC has not accrued liabilities for claims not subject to a tolling arrangement or not relating back to timely filed litigation. On May 31, 2012, a lawsuit was filed by Homeward Residential, Inc. (Homeward) in the Supreme Court of the State of New York, County of New York, against SCC styled Homeward Residential, Inc. v. Sand Canyon Corporation (Index No. 651885/2012). SCC removed the case to the United States District Court for the Southern District of New York on June 28, 2012 (Case No. 12-cv-5067). The plaintiff, in its capacity as the master servicer for Option One Mortgage Loan Trust 2006-2 and for the benefit of the trustee and the certificate holders of such trust, asserts claims for breach of contract, anticipatory breach, indemnity, and declaratory judgment in connection with alleged losses incurred as a result of the breach of representations and warranties relating to SCC and to loans sold to the trust. The plaintiff seeks specific performance of alleged repurchase obligations or damages to compensate the trust and its certificate holders for alleged actual and anticipated losses, as well as a repurchase of all loans due to alleged misrepresentations by SCC as to itself and as to the loans' compliance with its underwriting standards and the value of underlying real estate. In response to a motion filed by SCC, the court dismissed the plaintiff's claims for breach of the duty to cure or repurchase, anticipatory breach, indemnity, and declaratory judgment. The case is proceeding on the remaining claims. Representatives of a holder of certificates in the trust filed a motion to intervene to add H&R Block, Inc. to the lawsuit and assert claims against H&R Block, Inc. based on alter ego, corporate veil-piercing, and agency law. On February 12, 2018, the court denied the motion to intervene. We have not concluded that a loss related to this matter is probable, nor have we accrued a liability related to this matter. On September 28, 2012, a second lawsuit was filed by Homeward in the United States District Court for the Southern District of New York against SCC styled Homeward Residential, Inc. v. Sand Canyon Corporation (Case No. 12-cv-7319). The plaintiff, in its capacity as the master servicer for Option One Mortgage Loan Trust 2006-3 and for the benefit of the trustee and the certificate holders of such trust, asserts claims for breach of contract and indemnity in connection with losses allegedly incurred as a result of the breach of representations and warranties relating to 96 loans sold to the trust. The plaintiff seeks specific performance of alleged repurchase obligations or damages to compensate the trust and its certificate holders for alleged actual and anticipated losses. In response to a motion filed by SCC, the court dismissed the plaintiff's claims for breach of the duty to cure or repurchase and for indemnification of its costs associated with the litigation. On September 30, 2016, the court granted a motion allowing the plaintiff to file a second amended complaint to include breach of contract claims with respect to 649 additional loans in the trust and to allow such claims with respect to other loans in the trust proven to be in material breach of SCC’s representations and warranties. SCC filed a motion for reconsideration, followed by a motion for leave to appeal the ruling, both of which were denied. On October 6, 2016, the plaintiff filed its second amended complaint. In response to a motion filed by SCC, the court dismissed the plaintiff's claim for breach of one of the representations. The case is proceeding on the remaining claims. Representatives of a holder of certificates in the trust filed a motion to intervene to add H&R Block, Inc. to the lawsuit and assert claims against H&R Block, Inc. based on alter ego, corporate veil-piercing, and agency law. On February 12, 2018, the court denied the motion to intervene. Settlement payments that were made in fiscal year 2018 for representation and warranty claims are related to some of the loans in this case. We have not concluded that a loss related to this lawsuit is probable, nor have we accrued a liability related to this lawsuit. Underwriters and depositors are, or have been, involved in multiple lawsuits related to securitization transactions in which SCC participated. These lawsuits allege or alleged a variety of claims, including violations of federal and state securities laws and common law fraud, based on alleged materially inaccurate or misleading disclosures. SCC has received notices of claims for indemnification relating to lawsuits to which underwriters or depositors are party. Based on information currently available to SCC, it believes that the 21 lawsuits in which notice of a claim has been made involve 39 securitization transactions with original investments of approximately $14 billion (of which the outstanding principal amount is approximately $3.3 billion ). Additional lawsuits against the underwriters or depositors may be filed in the future, and SCC may receive additional notices of claims for indemnification or contribution from underwriters or depositors with respect to existing or new lawsuits or settlements of such lawsuits. Certain of the notices received included, and future notices may include, a reservation of rights to assert claims for contribution, which are referred to herein as "contribution claims." Contribution claims may become operative if indemnification is unavailable or insufficient to cover all of the losses and expenses involved. We have not concluded that a loss related to any of these indemnification or contribution claims is probable, nor have we accrued a liability related to any of these claims. Securitization trustees also are, or have been, involved in lawsuits related to securitization transactions in which SCC participated. Plaintiffs in these lawsuits allege, among other things, that originators, depositors, servicers, or other parties breached their representations and warranties or otherwise failed to fulfill their obligations, including that securitization trustees breached their contractual obligations, breached their fiduciary duties, or violated statutory requirements by failing to properly protect the certificate holders’ interests. SCC has received notices from securitization trustees of potential indemnification obligations, and may receive additional notices with respect to existing or new lawsuits or settlements of such lawsuits, in its capacity as originator, depositor, or servicer. We have not concluded that a loss related to any of these indemnification claims is probable, nor have we accrued a liability related to any of these claims. If the amount that SCC is ultimately required to pay with respect to claims and litigation related to its past sales and securitizations of mortgage loans, together with payment of SCC's related administration and legal expense, exceeds SCC's net assets, the creditors of SCC, other potential claimants, or a bankruptcy trustee if SCC were to file or be forced into bankruptcy, may attempt to assert claims against us for payment of SCC's obligations. Claimants may also attempt to assert claims against or seek payment directly from the Company even if SCC's assets exceed its liabilities. SCC's principal assets, as of July 31, 2018 , total approximately $298 million and consist of an intercompany note receivable. We believe our legal position is strong on any potential corporate veil-piercing arguments; however, if this position is challenged and not upheld, it could have a material adverse effect on our business and our consolidated financial position, results of operations, and cash flows. LITIGATION, CLAIMS AND OTHER LOSS CONTINGENCIES PERTAINING TO OTHER DISCONTINUED OPERATIONS – Express IRA Litigation. On January 2, 2008, the Mississippi Attorney General in the Chancery Court of Hinds County, Mississippi First Judicial District (Case No. G 2008 6 S 2) filed a lawsuit regarding our former Express IRA product that is styled Jim Hood, Attorney for the State of Mississippi v. H&R Block, Inc., H&R Block Financial Advisors, Inc ., et al. The complaint alleges fraudulent business practices, deceptive acts and practices, common law fraud and breach of fiduciary duty with respect to the sale of the product in Mississippi and seeks equitable relief, disgorgement of profits, damages and restitution, civil penalties and punitive damages. We have not concluded that a loss related to this matter is probable, nor have we accrued a loss contingency related to this matter. Although we sold H&R Block Financial Advisors, Inc. (HRBFA) effective November 1, 2008, we remain responsible for any liabilities relating to the Express IRA litigation through an indemnification agreement. OTHER – We are from time to time a party to litigation, claims and other loss contingencies not discussed herein arising out of our business operations. These matters may include actions by state attorneys general, other state regulators, federal regulators, individual plaintiffs, and cases in which plaintiffs seek to represent others who may be similarly situated. While we cannot provide assurance that we will ultimately prevail in each instance, we believe the amount, if any, we are required to pay to discharge or settle these other matters will not have a material adverse impact on our business and our consolidated financial position, results of operations, and cash flows. We believe we have meritorious defenses to the claims asserted in the various matters described in this note, and we intend to defend them vigorously. The amounts claimed in the matters are substantial, however, and there can be no assurances as to their outcomes. In the event of unfavorable outcomes, it could require modifications to our operations; in addition, the amounts that may be required to be paid to discharge or settle the matters could be substantial and could have a material adverse impact on our business and our consolidated financial position, results of operations, and cash flows.

Condensed Consolidating Financi

Condensed Consolidating Financial Statements	3 Months Ended
	Jul. 31, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Financial Statements	NOTE 11: CONDENSED CONSOLIDATING FINANCIAL STATEMENTS Block Financial LLC (Block Financial) is a 100% owned subsidiary of the Company. Block Financial is the Issuer and the Company is the full and unconditional Guarantor of the Senior Notes, our 2017 CLOC and other indebtedness issued from time to time. These condensed consolidating financial statements have been prepared using the equity method of accounting. Earnings of subsidiaries are, therefore, reflected in the Company's investment in subsidiaries account. The elimination entries eliminate investments in subsidiaries, related stockholders' equity and other intercompany balances and transactions. CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (in 000s) Three months ended July 31, 2018 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Total revenues $ — $ 16,832 $ 131,477 $ (3,126 ) $ 145,183 Cost of revenues — 5,033 217,118 (591 ) 221,560 Selling, general and administrative — 3,250 105,025 (2,535 ) 105,740 Total operating expenses — 8,283 322,143 (3,126 ) 327,300 Other income (expense), net (153,616 ) 9,827 7,048 141,283 4,542 Interest expense on external borrowings — (21,123 ) (67 ) — (21,190 ) Loss from continuing operations before income tax benefit (153,616 ) (2,747 ) (183,685 ) 141,283 (198,765 ) Income tax b enefit (946 ) (3,701 ) (45,321 ) — (49,968 ) Net income (loss) from continuing o perations (152,670 ) 954 (138,364 ) 141,283 (148,797 ) Net loss from discontinued operations — (3,873 ) — — (3,873 ) Net loss (152,670 ) (2,919 ) (138,364 ) 141,283 (152,670 ) Other comprehensive loss (1,731 ) — (1,731 ) 1,731 (1,731 ) Comprehensive loss $ (154,401 ) $ (2,919 ) $ (140,095 ) $ 143,014 $ (154,401 ) (in 000s) Three months ended July 31, 2017 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Total revenues $ — $ 17,556 $ 123,094 $ (2,848 ) $ 137,802 Cost of revenues — 7,860 219,970 (115 ) 227,715 Selling, general and administrative — 3,206 94,776 (2,733 ) 95,249 Total operating expenses — 11,066 314,746 (2,848 ) 322,964 Other income (expense), net (132,264 ) 6,073 (2,418 ) 129,829 1,220 Interest expense on external borrowings — (21,204 ) (73 ) — (21,277 ) Loss from continuing operations before tax benefit (132,264 ) (8,641 ) (194,143 ) 129,829 (205,219 ) Income tax benefit (1,697 ) (4,623 ) (71,081 ) — (77,401 ) Net loss from continuing operations (130,567 ) (4,018 ) (123,062 ) 129,829 (127,818 ) Net loss from discontinued operations — (2,748 ) (1 ) — (2,749 ) Net loss (130,567 ) (6,766 ) (123,063 ) 129,829 (130,567 ) Other comprehensive inco me 2,462 — 2,462 (2,462 ) 2,462 Comprehensive loss $ (128,105 ) $ (6,766 ) $ (120,601 ) $ 127,367 $ (128,105 ) CONDENSED CONSOLIDATING BALANCE SHEETS (in 000s) As of July 31, 2017 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Cash & cash equivalents $ — $ 7,480 $ 544,086 $ — $ 551,566 Cash & cash equivalents - restricted — 8,069 108,525 — 116,594 Receivables, net 16 54,187 36,801 — 91,004 Prepaid expenses and other current assets — 2,280 72,496 — 74,776 Total current assets 16 72,016 761,908 — 833,940 Property and equipment, net — 66 253,189 — 253,255 Intangible assets, net — — 393,972 — 393,972 Goodwill — — 493,991 — 493,991 Deferred tax assets and income taxes receivable 5,587 32,047 16,714 — 54,348 Investments in subsidiaries 2,037,691 — 106,948 (2,144,639 ) — Amounts due from affiliates — 1,477,940 2,227,052 (3,704,992 ) — Other noncurrent assets — 60,242 42,500 — 102,742 Total assets $ 2,043,294 $ 1,642,311 $ 4,296,274 $ (5,849,631 ) $ 2,132,248 Accounts payable and accrued expenses $ 2,246 $ 6,870 $ 152,635 $ — $ 161,751 Accrued salaries, wages and payroll taxes — 1,070 33,993 — 35,063 Accrued income taxes and reserves for uncertain tax positions — — 176,909 — 176,909 Current portion of long-term debt — — 992 — 992 Deferred revenue and other current liabilities — 30,412 157,379 — 187,791 Total current liabilities 2,246 38,352 521,908 — 562,506 Long-term debt — 1,488,046 5,376 — 1,493,422 Deferred tax liabilities and reserves for uncertain tax positions 28,324 8,037 122,872 — 159,233 Deferred revenue and other noncurrent liabilities — 928 130,487 — 131,415 Amounts due to affiliates 2,227,052 — 1,477,940 (3,704,992 ) — Total liabilities 2,257,622 1,535,363 2,258,583 (3,704,992 ) 2,346,576 Stockholders' equity (deficiency) (214,328 ) 106,948 2,037,691 (2,144,639 ) (214,328 ) Total liabilities and stockholders' equity $ 2,043,294 $ 1,642,311 $ 4,296,274 $ (5,849,631 ) $ 2,132,248 CONDENSED CONSOLIDATING BALANCE SHEETS (in 000s) As of April 30, 2018 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Cash & cash equivalents $ — $ 4,346 $ 1,540,598 $ — $ 1,544,944 Cash & cash equivalents - restricted — — 118,734 — 118,734 Receivables, net — 51,562 95,212 — 146,774 Income taxes receivable 2,801 — 12,310 (2,801 ) 12,310 Prepaid expenses and other current assets — 1,954 66,997 — 68,951 Total current assets 2,801 57,862 1,833,851 (2,801 ) 1,891,713 Property and equipment, net — 467 231,421 — 231,888 Intangible assets, net — — 373,981 — 373,981 Goodwill — — 507,871 — 507,871 Deferred tax assets and income taxes receivable 1,400 17,798 14,897 — 34,095 Investments in subsidiaries 2,801,808 — 131,315 (2,933,123 ) — Amounts due from affiliates — 1,541,954 2,400,938 (3,942,892 ) — Other noncurrent assets — 50,073 51,328 — 101,401 Total assets $ 2,806,009 $ 1,668,154 $ 5,545,602 $ (6,878,816 ) $ 3,140,949 Accounts payable and accrued expenses $ 2,074 $ 16,628 $ 233,273 $ — $ 251,975 Accrued salaries, wages and payroll taxes — 1,161 140,338 — 141,499 Accrued income taxes and reserves for uncertain tax positions — 1,060 264,791 (2,801 ) 263,050 Current portion of long-term debt — — 1,026 — 1,026 Deferred revenue and other current liabilities — 22,172 163,929 — 186,101 Total current liabilities 2,074 41,021 803,357 (2,801 ) 843,651 Long-term debt — 1,490,007 4,602 — 1,494,609 Deferred tax liabilities and reserves for uncertain tax positions 9,286 4,963 215,181 — 229,430 Deferred revenue and other noncurrent liabilities — 848 178,700 — 179,548 Amounts due to affiliates 2,400,938 — 1,541,954 (3,942,892 ) — Total liabilities 2,412,298 1,536,839 2,743,794 (3,945,693 ) 2,747,238 Stockholders' equity 393,711 131,315 2,801,808 (2,933,123 ) 393,711 Total liabilities and stockholders' equity $ 2,806,009 $ 1,668,154 $ 5,545,602 $ (6,878,816 ) $ 3,140,949 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in 000s) Three months ended July 31, 2018 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Net cash used in operating activities $ — $ (6,335 ) $ (369,228 ) $ — $ (375,563 ) Cash flows from investing: Capital expenditures — — (12,057 ) — (12,057 ) Payments made for business acquisitions, net of cash acquired — — (1,449 ) — (1,449 ) Franchise loans funded — (1,791 ) (14 ) — (1,805 ) Payments received on franchise loans — 5,006 98 — 5,104 Intercompany borrowings (payments) — 2,718 (152,414 ) 149,696 — Other, net — (185 ) 3,830 — 3,645 Net cash provided by (used in) investing activities — 5,748 (162,006 ) 149,696 (6,562 ) Cash flows from financing: Dividends paid (52,104 ) — — — (52,104 ) Repurchase of common stock, including shares surrendered (101,665 ) — — — (101,665 ) Proceeds from exercise of stock options 1,355 — — — 1,355 Intercompany borrowings (payments) 152,414 — (2,718 ) (149,696 ) — Other, net — — (17,494 ) — (17,494 ) Net cash used in financing activities — — (20,212 ) (149,696 ) (169,908 ) Effects of exchange rates on cash — — (1,153 ) — (1,153 ) Net decrease in cash, cash equivalents and restricted cash — (587 ) (552,599 ) — (553,186 ) Cash, cash equivalents and restricted cash, beginning of period — 4,346 1,659,332 — 1,663,678 Cash, cash equivalents and restricted cash, end of period $ — $ 3,759 $ 1,106,733 $ — $ 1,110,492 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in 000s) Three months ended July 31, 2017 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Net cash used in operating activities $ — $ (9,721 ) $ (399,394 ) $ — $ (409,115 ) Cash flows from investing: Capital expenditures — (2 ) (13,092 ) — (13,094 ) Payments made for business acquisitions, net of cash acquired — — (1,440 ) — (1,440 ) Franchise loans funded — (4,527 ) — — (4,527 ) Payments received on franchise loans — 4,524 203 — 4,727 Intercompany borrowings (payments) — 13,952 (29,995 ) 16,043 — Other, net — (1,223 ) 2,594 — 1,371 Net cash provided by (used in) investing activities — 12,724 (41,730 ) 16,043 (12,963 ) Cash flows from financing: Dividends paid (49,905 ) — — — (49,905 ) Repurchase of common stock, including shares surrendered (7,508 ) — — — (7,508 ) Proceeds from exercise of stock options 27,418 — — — 27,418 Intercompany borrowings (payments) 29,995 — (13,952 ) (16,043 ) — Other, net — — 2,545 — 2,545 Net cash used in financing activities — — (11,407 ) (16,043 ) (27,450 ) Effects of exchange rates on cash — — 149 — 149 Net increase (decrease) in cash, cash equivalents and rest ricted cash — 3,003 (452,382 ) — (449,379 ) Cash, cash equivalents and restricted cash, beginning of period — 12,546 1,104,993 — 1,117,539 Cash, cash equivalents and restricted cash, end of period $ — $ 15,549 $ 652,611 $ — $ 668,160

Summary Of Significant Accoun18

Summary Of Significant Accounting Policies (Policy)	3 Months Ended
	Jul. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation	The consolidated balance sheets as of July 31, 2018 and 2017 , the consolidated statements of operations and comprehensive loss for the three months ended July 31, 2018 and 2017 , and the consolidated statements of cash flows for the three months ended July 31, 2018 and 2017 have been prepared by the Company, without audit. In the opinion of management, all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position, results of operations, and cash flows as of July 31, 2018 and 2017 and for all periods presented have been made. "H&R Block," "the Company," "we," "our," and "us" are used interchangeably to refer to H&R Block, Inc. or to H&R Block, Inc. and its subsidiaries, as appropriate to the context. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) have been condensed or omitted. These consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in our April 30, 2018 Annual Report to Shareholders on Form 10-K. All amounts presented herein as of April 30, 2018 or for the year then ended are derived from our April 30, 2018 Annual Report to Shareholders on Form 10-K.
Management Estimates	The preparation of financial statements in conformity with GAAP 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 the reported amounts of revenues and expenses during the reporting periods. Significant estimates, assumptions and judgments are applied in the evaluation of contingent losses arising from our discontinued mortgage business, contingent losses associated with pending claims and litigation, reserves for uncertain tax positions, the impact of legislation commonly referred to as the Tax Cuts and Jobs Act (Tax Legislation), and related matters. Estimates have been prepared based on the best information available as of each balance sheet date. As such, actual results could differ materially from those estimates.
Seasonality of Business	Our operating revenues are seasonal in nature with peak revenues typically occurring in the months of February through April. Therefore, results for interim periods are not indicative of results to be expected for the full year.
Discontinued Operations	Our discontinued operations include the results of operations of Sand Canyon Corporation, previously known as Option One Mortgage Corporation (including its subsidiaries, collectively, SCC), which exited its mortgage business in fiscal year 2008. See notes 9 and 10 for additional information on litigation, claims, and other loss contingencies related to our discontinued operations.
New Accounting Pronouncements	Revenue Recognition. In May 2014, the FASB issued Accounting Standards Update No. 2014-09, "Revenue from Contracts with Customers," (ASU 2014-09) which is a comprehensive new revenue recognition model that requires an entity to recognize the amount of revenue which reflects the consideration it expects to receive in exchange for the transfer of the promised goods or services to customers. This ASU also requires additional disclosure about the nature, amount, timing, and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract, and clarifies guidance for multiple-element arrangements. This guidance replaced most existing revenue recognition guidance in GAAP when it became effective. The new standard was effective for us on May 1, 2018, and we adopted using the full retrospective transition method. The adoption of this guidance did not have a significant impact on our consolidated financial statements. See note 2 to the consolidated financial statements for additional information. Income Taxes. In October 2016, the FASB issued Accounting Standards Update No. 2016-16, "Income Taxes (Topic 740): Intra-Entity Asset Transfers of Assets Other than Inventory," (ASU 2016-16). The new guidance eliminates the exception for intra-entity transfers other than inventory and requires the recognition of current and deferred income taxes resulting from such a transfer when the transfer occurs. This guidance was effective for us on May 1, 2018 and we adopted using the modified retrospective transition method. We recognized a $101.0 million cumulative effect adjustment to increase the opening balance of retained earnings and increase deferred tax assets resulting from intra-entity transfers of intellectual property in fiscal year 2018. Leases. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, "Leases" (ASU 2016-02), which will require the recognition of lease assets and lease liabilities by lessees for leases previously classified as operating leases. ASU 2016-02 also requires additional qualitative and quantitative disclosures related to the nature, timing and uncertainty of cash flows arising from leases. This guidance will be effective for us on May 1, 2019, with early adoption permitted, and requires the use of a modified retrospective transition approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. We are currently evaluating the impact of ASU 2016-02 on our consolidated financial statements. However, we expect the impact of this guidance on our consolidated financial statements could be significant, as our future minimum operating lease commitments totaled $820.9 million as of April 30, 2018.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Jul. 31, 2018
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue by Major Service Line	The majority of our revenues are from our U.S. business. The following table disaggregates our U.S. revenues by major service line, with all international businesses included in a single line and consists primarily of tax preparation revenues: (in 000s) Three months ended July 31, 2018 2017 Revenues: U.S. assisted tax preparation $ 31,104 $ 29,963 U.S. royalties 7,571 6,967 U.S. DIY tax preparation 2,781 3,226 International revenues 39,179 40,417 Revenues from Refund Transfers 1,424 2,816 Revenues from Emerald Card® 14,246 14,987 Revenues from Peace of Mind® Extended Service Plan 36,577 31,943 Revenues from Tax Identity Shield® 4,741 254 Interest and fee income on Emerald Advance 447 664 Other 7,113 6,565 Total revenues $ 145,183 $ 137,802
Schedule Of Deferred Revenue Related To The Peace Of Mind Program	We defer revenues and incremental wages related to our POM and TIS programs. We also defer commissions paid to our franchisees and other costs related to the TIS program. The deferred wages and costs are amortized using the same method revenues are recognized. (in 000s) POM Deferred Revenue Deferred Wages Three months ended July 31, 2018 2017 2018 2017 Balance, beginning of the period $ 218,274 $ 211,223 $ 32,683 $ 31,344 Amounts deferred 1,392 1,403 62 20 Amounts recognized on previous deferrals (40,857 ) (35,534 ) (5,917 ) (5,177 ) Balance, end of the period $ 178,809 $ 177,092 $ 26,828 $ 26,187 As of July 31, 2018 , current deferred revenue related to POM was $115.6 million , which will be recognized over the next twelve months, while the remaining balance will be recognized over the following sixty months. All deferred revenue related to TIS will be recognized within this fiscal year. These amounts are recorded in deferred revenue and other liabilities on the consolidated balance sheet. (in 000s) TIS Deferred Revenue Deferred Costs Three months ended July 31, 2018 2017 2018 2017 Balance, beginning of the period $ 36,422 $ 20,623 $ 4,548 $ 3,063 Amounts deferred 235 146 20 — Amounts recognized on previous deferrals (4,741 ) (254 ) (113 ) — Balance, end of the period $ 31,916 $ 20,515 $ 4,455 $ 3,063

Loss Per Share and Stockholde20

Loss Per Share and Stockholders' Equity (Tables)	3 Months Ended
	Jul. 31, 2018
Earnings Per Share [Abstract]
Computations Of Basic And Diluted Earnings Per Share	The computations of basic and diluted loss per share from continuing operations are as follows: (in 000s, except per share amounts) Three months ended July 31, 2018 2017 Net loss from continuing operations attributable to shareholders $ (148,797 ) $ (127,818 ) Amounts allocated to participating securities (142 ) (160 ) Net loss from continuing operations attributable to common shareholders $ (148,939 ) $ (127,978 ) Basic weighted average common shares 207,673 207,935 Potential dilutive shares — — Dilutive weighted average common shares 207,673 207,935 Loss per share from continuing operations attributable to common shareholders: Basic $ (0.72 ) $ (0.62 ) Diluted (0.72 ) (0.62 )
Schedule of Allocated Costs for Shares Retired	The cost of shares retired during the current period was allocated to the components of stockholders’ equity as follows: (in 000s) Common stock $ 42 Additional paid-in-capital 2,503 Retained earnings 94,560 Total $ 97,105

Receivables (Tables)

Receivables (Tables)	3 Months Ended
	Jul. 31, 2018
Accounts, Notes, Loans and Financing Receivable, Unclassified [Abstract]
Schedule Of Short-Term Receivables	Receivables, net of their related allowance, consist of the following: (in 000s) As of July 31, 2018 July 31, 2017 April 30, 2018 Short-term Long-term Short-term Long-term Short-term Long-term Loans to franchisees $ 28,250 $ 35,776 $ 37,838 $ 40,111 $ 30,596 $ 35,212 Receivables for U.S assisted and DIY tax preparation and related fees 9,084 5,503 3,855 6,316 41,572 5,503 Instant Cash Back® receivables 1,306 2,031 2,411 — 27,192 2,057 H&R Block Emerald Advance® lines of credit 7,694 11,800 11,632 9,711 15,642 5,754 Software receivables from retailers 3,372 — 8,178 — 6,769 — Royalties and other receivables from franchisees 4,257 — 6,776 796 9,239 761 Other 16,613 3,665 20,314 4,011 15,764 3,147 $ 70,576 $ 58,775 $ 91,004 $ 60,945 $ 146,774 $ 52,434
Schedule Of Receivables Based On Year Of Origination	Current balances and amounts on non-accrual status and classified as impaired, or more than 60 days past due, as of July 31, 2018 and 2017 , by year of origination, are as follows: (in 000s) As of July 31, 2018 2017 Year of origination: Current Balance Non-Accrual Year of origination: Current Balance Non-Accrual 2018 $ 24,068 $ 24,068 2017 $ 9,346 $ 9,346 2017 and prior 7,988 7,988 2016 and prior 6,898 6,898 Revolving loans 14,060 11,834 Revolving loans 15,222 11,886 46,116 $ 43,890 31,466 $ 28,130 Allowance (1) (26,622 ) Allowance (1) (10,123 ) Net balance $ 19,494 Net balance $ 21,343 (1) As of July 31, 2018 , the allowance relates to estimated uncollectible balances from the 2018 tax season and past due revolving loans. As of July 31, 2017 , the allowance related solely to revolving loans.
Schedule Of Activity In The Allowance For Doubtful Accounts	Activity in the allowance for doubtful accounts for our EA and all other short-term and long-term receivables for the three months ended July 31, 2018 and 2017 is as follows: (in 000s) EAs All Other Total Balances as of April 30, 2018 $ 26,622 $ 55,191 $ 81,813 Provision — 1,617 1,617 Recoveries — (2,475 ) (2,475 ) Charge-offs — (2,155 ) (2,155 ) Balances as of July 31, 2018 $ 26,622 $ 52,178 $ 78,800 Balances as of April 30, 2017 $ 10,123 $ 46,552 $ 56,675 Provision — 2,459 2,459 Recoveries — — — Charge-offs — (2,831 ) (2,831 ) Balances as of July 31, 2017 $ 10,123 $ 46,180 $ 56,303

Goodwill And Intangible Assets

Goodwill And Intangible Assets (Tables)	3 Months Ended
	Jul. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule Of Goodwill	Changes in the carrying amount of goodwill for the three months ended July 31, 2018 and 2017 are as follows: (in 000s) Goodwill Accumulated Impairment Losses Net Balances as of April 30, 2018 $ 540,168 $ (32,297 ) $ 507,871 Acquisitions 651 — 651 Disposals and foreign currency changes, net (581 ) — (581 ) Impairments — — — Balances as of July 31, 2018 $ 540,238 $ (32,297 ) $ 507,941 Balances as of April 30, 2017 $ 523,504 $ (32,297 ) $ 491,207 Acquisitions 252 — 252 Disposals and foreign currency changes, net 2,532 — 2,532 Impairments — — — Balances as of July 31, 2017 $ 526,288 $ (32,297 ) $ 493,991
Schedule Of Intangible Assets	Components of intangible assets are as follows: (in 000s) Gross Carrying Amount Accumulated Amortization Net As of July 31, 2018: Reacquired franchise rights $ 339,747 $ (119,386 ) $ 220,361 Customer relationships 256,858 (171,542 ) 85,316 Internally-developed software 137,914 (114,622 ) 23,292 Noncompete agreements 32,888 (30,144 ) 2,744 Franchise agreements 19,201 (12,374 ) 6,827 Purchased technology 54,700 (39,210 ) 15,490 Acquired assets pending final allocation (1) 801 — 801 $ 842,109 $ (487,278 ) $ 354,831 As of July 31, 2017: Reacquired franchise rights $ 331,371 $ (96,600 ) $ 234,771 Customer relationships 235,413 (140,881 ) 94,532 Internally-developed software 143,206 (112,894 ) 30,312 Noncompete agreements 32,498 (28,143 ) 4,355 Franchise agreements 19,201 (11,094 ) 8,107 Purchased technology 54,700 (33,444 ) 21,256 Acquired assets pending final allocation (1) 639 — 639 $ 817,028 $ (423,056 ) $ 393,972 As of April 30, 2018: Reacquired franchise rights $ 339,779 $ (113,856 ) $ 225,923 Customer relationships 256,137 (164,005 ) 92,132 Internally-developed software 140,255 (111,734 ) 28,521 Noncompete agreements 32,899 (29,673 ) 3,226 Franchise agreements 19,201 (12,054 ) 7,147 Purchased technology 54,700 (37,770 ) 16,930 Acquired assets pending final allocation (1) 102 — 102 $ 843,073 $ (469,092 ) $ 373,981 (1) Represents business acquisitions for which final purchase price allocations have not yet been determined.

Long-Term Debt Long-Term Debt (

Long-Term Debt Long-Term Debt (Tables)	3 Months Ended
	Jul. 31, 2018
Debt Disclosure [Abstract]
Components of Long-Term Debt	The components of long-term debt are as follows: (in 000s) As of July 31, 2018 July 31, 2017 April 30, 2018 Senior Notes, 4.125%, due October 2020 $ 650,000 $ 650,000 $ 650,000 Senior Notes, 5.500%, due November 2022 500,000 500,000 500,000 Senior Notes, 5.250%, due October 2025 350,000 350,000 350,000 Capital lease obligation 5,376 6,368 5,628 Debt issuance costs and discounts (9,332 ) (11,954 ) (9,993 ) 1,496,044 1,494,414 1,495,635 Less: Current portion (1,038 ) (992 ) (1,026 ) $ 1,495,006 $ 1,493,422 $ 1,494,609

Other Income And Other Expens24

Other Income And Other Expenses (Tables)	3 Months Ended
	Jul. 31, 2018
Other Income and Expenses [Abstract]
Components of Other Income (Expense)	The following table shows the components of other income (expense), net: (in 000s) Three months ended July 31, 2018 2017 Interest income $ 4,497 $ 1,444 Foreign currency gains (losses), net (3 ) 131 Other, net 48 (355 ) $ 4,542 $ 1,220

Condensed Consolidating Finan25

Condensed Consolidating Financial Statements (Tables)	3 Months Ended
	Jul. 31, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Schedule Of Condensed Consolidating Statement Of Operations	CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (in 000s) Three months ended July 31, 2018 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Total revenues $ — $ 16,832 $ 131,477 $ (3,126 ) $ 145,183 Cost of revenues — 5,033 217,118 (591 ) 221,560 Selling, general and administrative — 3,250 105,025 (2,535 ) 105,740 Total operating expenses — 8,283 322,143 (3,126 ) 327,300 Other income (expense), net (153,616 ) 9,827 7,048 141,283 4,542 Interest expense on external borrowings — (21,123 ) (67 ) — (21,190 ) Loss from continuing operations before income tax benefit (153,616 ) (2,747 ) (183,685 ) 141,283 (198,765 ) Income tax b enefit (946 ) (3,701 ) (45,321 ) — (49,968 ) Net income (loss) from continuing o perations (152,670 ) 954 (138,364 ) 141,283 (148,797 ) Net loss from discontinued operations — (3,873 ) — — (3,873 ) Net loss (152,670 ) (2,919 ) (138,364 ) 141,283 (152,670 ) Other comprehensive loss (1,731 ) — (1,731 ) 1,731 (1,731 ) Comprehensive loss $ (154,401 ) $ (2,919 ) $ (140,095 ) $ 143,014 $ (154,401 ) (in 000s) Three months ended July 31, 2017 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Total revenues $ — $ 17,556 $ 123,094 $ (2,848 ) $ 137,802 Cost of revenues — 7,860 219,970 (115 ) 227,715 Selling, general and administrative — 3,206 94,776 (2,733 ) 95,249 Total operating expenses — 11,066 314,746 (2,848 ) 322,964 Other income (expense), net (132,264 ) 6,073 (2,418 ) 129,829 1,220 Interest expense on external borrowings — (21,204 ) (73 ) — (21,277 ) Loss from continuing operations before tax benefit (132,264 ) (8,641 ) (194,143 ) 129,829 (205,219 ) Income tax benefit (1,697 ) (4,623 ) (71,081 ) — (77,401 ) Net loss from continuing operations (130,567 ) (4,018 ) (123,062 ) 129,829 (127,818 ) Net loss from discontinued operations — (2,748 ) (1 ) — (2,749 ) Net loss (130,567 ) (6,766 ) (123,063 ) 129,829 (130,567 ) Other comprehensive inco me 2,462 — 2,462 (2,462 ) 2,462 Comprehensive loss $ (128,105 ) $ (6,766 ) $ (120,601 ) $ 127,367 $ (128,105 )
Schedule Of Condensed Consolidating Balance Sheet	CONDENSED CONSOLIDATING BALANCE SHEETS (in 000s) As of July 31, 2018 H&R Block, Inc. Block Financial Other Eliminations Consolidated Cash & cash equivalents $ — $ 3,759 $ 975,357 $ — $ 979,116 Cash & cash equivalents - restricted — — 131,376 — 131,376 Receivables, net — 40,457 30,119 — 70,576 Income taxes receivable 2,811 — 12,965 — 15,776 Prepaid expenses and other current assets — 1,954 83,325 — 85,279 Total current assets 2,811 46,170 1,233,142 — 1,282,123 Property and equipment, net — 418 226,585 — 227,003 Intangible assets, net — — 354,831 — 354,831 Goodwill — — 507,941 — 507,941 Deferred tax assets and income taxes receivable — 17,941 113,742 — 131,683 Investments in subsidiaries 2,762,660 — 128,396 (2,891,056 ) — Amounts due from affiliates — 1,538,119 2,560,781 (4,098,900 ) — Other noncurrent assets — 56,004 45,453 — 101,457 Total assets $ 2,765,471 $ 1,658,652 $ 5,170,871 $ (6,989,956 ) $ 2,605,038 Accounts payable and accrued expenses $ 2,216 $ 7,511 $ 135,744 $ — $ 145,471 Accrued salaries, wages and payroll taxes — 1,423 36,045 — 37,468 Accrued income taxes and reserves for uncertain tax positions — 1,060 177,253 — 178,313 Current portion of long-term debt — — 1,038 — 1,038 Deferred revenue and other current liabilities — 24,952 176,754 — 201,706 Total current liabilities 2,216 34,946 526,834 — 563,996 Long-term debt — 1,490,668 4,338 — 1,495,006 Deferred tax liabilities and reserves for uncertain tax positions 10,465 3,989 216,838 — 231,292 Deferred revenue and other noncurrent liabilities — 653 122,082 — 122,735 Amounts due to affiliates 2,560,781 — 1,538,119 (4,098,900 ) — Total liabilities 2,573,462 1,530,256 2,408,211 (4,098,900 ) 2,413,029 Stockholders' equity 192,009 128,396 2,762,660 (2,891,056 ) 192,009 Total liabilities and stockholders' equity $ 2,765,471 $ 1,658,652 $ 5,170,871 $ (6,989,956 ) $ 2,605,038 CONDENSED CONSOLIDATING BALANCE SHEETS (in 000s) As of July 31, 2017 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Cash & cash equivalents $ — $ 7,480 $ 544,086 $ — $ 551,566 Cash & cash equivalents - restricted — 8,069 108,525 — 116,594 Receivables, net 16 54,187 36,801 — 91,004 Prepaid expenses and other current assets — 2,280 72,496 — 74,776 Total current assets 16 72,016 761,908 — 833,940 Property and equipment, net — 66 253,189 — 253,255 Intangible assets, net — — 393,972 — 393,972 Goodwill — — 493,991 — 493,991 Deferred tax assets and income taxes receivable 5,587 32,047 16,714 — 54,348 Investments in subsidiaries 2,037,691 — 106,948 (2,144,639 ) — Amounts due from affiliates — 1,477,940 2,227,052 (3,704,992 ) — Other noncurrent assets — 60,242 42,500 — 102,742 Total assets $ 2,043,294 $ 1,642,311 $ 4,296,274 $ (5,849,631 ) $ 2,132,248 Accounts payable and accrued expenses $ 2,246 $ 6,870 $ 152,635 $ — $ 161,751 Accrued salaries, wages and payroll taxes — 1,070 33,993 — 35,063 Accrued income taxes and reserves for uncertain tax positions — — 176,909 — 176,909 Current portion of long-term debt — — 992 — 992 Deferred revenue and other current liabilities — 30,412 157,379 — 187,791 Total current liabilities 2,246 38,352 521,908 — 562,506 Long-term debt — 1,488,046 5,376 — 1,493,422 Deferred tax liabilities and reserves for uncertain tax positions 28,324 8,037 122,872 — 159,233 Deferred revenue and other noncurrent liabilities — 928 130,487 — 131,415 Amounts due to affiliates 2,227,052 — 1,477,940 (3,704,992 ) — Total liabilities 2,257,622 1,535,363 2,258,583 (3,704,992 ) 2,346,576 Stockholders' equity (deficiency) (214,328 ) 106,948 2,037,691 (2,144,639 ) (214,328 ) Total liabilities and stockholders' equity $ 2,043,294 $ 1,642,311 $ 4,296,274 $ (5,849,631 ) $ 2,132,248 CONDENSED CONSOLIDATING BALANCE SHEETS (in 000s) As of April 30, 2018 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Cash & cash equivalents $ — $ 4,346 $ 1,540,598 $ — $ 1,544,944 Cash & cash equivalents - restricted — — 118,734 — 118,734 Receivables, net — 51,562 95,212 — 146,774 Income taxes receivable 2,801 — 12,310 (2,801 ) 12,310 Prepaid expenses and other current assets — 1,954 66,997 — 68,951 Total current assets 2,801 57,862 1,833,851 (2,801 ) 1,891,713 Property and equipment, net — 467 231,421 — 231,888 Intangible assets, net — — 373,981 — 373,981 Goodwill — — 507,871 — 507,871 Deferred tax assets and income taxes receivable 1,400 17,798 14,897 — 34,095 Investments in subsidiaries 2,801,808 — 131,315 (2,933,123 ) — Amounts due from affiliates — 1,541,954 2,400,938 (3,942,892 ) — Other noncurrent assets — 50,073 51,328 — 101,401 Total assets $ 2,806,009 $ 1,668,154 $ 5,545,602 $ (6,878,816 ) $ 3,140,949 Accounts payable and accrued expenses $ 2,074 $ 16,628 $ 233,273 $ — $ 251,975 Accrued salaries, wages and payroll taxes — 1,161 140,338 — 141,499 Accrued income taxes and reserves for uncertain tax positions — 1,060 264,791 (2,801 ) 263,050 Current portion of long-term debt — — 1,026 — 1,026 Deferred revenue and other current liabilities — 22,172 163,929 — 186,101 Total current liabilities 2,074 41,021 803,357 (2,801 ) 843,651 Long-term debt — 1,490,007 4,602 — 1,494,609 Deferred tax liabilities and reserves for uncertain tax positions 9,286 4,963 215,181 — 229,430 Deferred revenue and other noncurrent liabilities — 848 178,700 — 179,548 Amounts due to affiliates 2,400,938 — 1,541,954 (3,942,892 ) — Total liabilities 2,412,298 1,536,839 2,743,794 (3,945,693 ) 2,747,238 Stockholders' equity 393,711 131,315 2,801,808 (2,933,123 ) 393,711 Total liabilities and stockholders' equity $ 2,806,009 $ 1,668,154 $ 5,545,602 $ (6,878,816 ) $ 3,140,949
Schedule of Condensed Consolidating Statement of Cash Flows	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in 000s) Three months ended July 31, 2018 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Net cash used in operating activities $ — $ (6,335 ) $ (369,228 ) $ — $ (375,563 ) Cash flows from investing: Capital expenditures — — (12,057 ) — (12,057 ) Payments made for business acquisitions, net of cash acquired — — (1,449 ) — (1,449 ) Franchise loans funded — (1,791 ) (14 ) — (1,805 ) Payments received on franchise loans — 5,006 98 — 5,104 Intercompany borrowings (payments) — 2,718 (152,414 ) 149,696 — Other, net — (185 ) 3,830 — 3,645 Net cash provided by (used in) investing activities — 5,748 (162,006 ) 149,696 (6,562 ) Cash flows from financing: Dividends paid (52,104 ) — — — (52,104 ) Repurchase of common stock, including shares surrendered (101,665 ) — — — (101,665 ) Proceeds from exercise of stock options 1,355 — — — 1,355 Intercompany borrowings (payments) 152,414 — (2,718 ) (149,696 ) — Other, net — — (17,494 ) — (17,494 ) Net cash used in financing activities — — (20,212 ) (149,696 ) (169,908 ) Effects of exchange rates on cash — — (1,153 ) — (1,153 ) Net decrease in cash, cash equivalents and restricted cash — (587 ) (552,599 ) — (553,186 ) Cash, cash equivalents and restricted cash, beginning of period — 4,346 1,659,332 — 1,663,678 Cash, cash equivalents and restricted cash, end of period $ — $ 3,759 $ 1,106,733 $ — $ 1,110,492 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in 000s) Three months ended July 31, 2017 H&R Block, Inc. (Guarantor) Block Financial (Issuer) Other Subsidiaries Eliminations Consolidated H&R Block Net cash used in operating activities $ — $ (9,721 ) $ (399,394 ) $ — $ (409,115 ) Cash flows from investing: Capital expenditures — (2 ) (13,092 ) — (13,094 ) Payments made for business acquisitions, net of cash acquired — — (1,440 ) — (1,440 ) Franchise loans funded — (4,527 ) — — (4,527 ) Payments received on franchise loans — 4,524 203 — 4,727 Intercompany borrowings (payments) — 13,952 (29,995 ) 16,043 — Other, net — (1,223 ) 2,594 — 1,371 Net cash provided by (used in) investing activities — 12,724 (41,730 ) 16,043 (12,963 ) Cash flows from financing: Dividends paid (49,905 ) — — — (49,905 ) Repurchase of common stock, including shares surrendered (7,508 ) — — — (7,508 ) Proceeds from exercise of stock options 27,418 — — — 27,418 Intercompany borrowings (payments) 29,995 — (13,952 ) (16,043 ) — Other, net — — 2,545 — 2,545 Net cash used in financing activities — — (11,407 ) (16,043 ) (27,450 ) Effects of exchange rates on cash — — 149 — 149 Net increase (decrease) in cash, cash equivalents and rest ricted cash — 3,003 (452,382 ) — (449,379 ) Cash, cash equivalents and restricted cash, beginning of period — 12,546 1,104,993 — 1,117,539 Cash, cash equivalents and restricted cash, end of period $ — $ 15,549 $ 652,611 $ — $ 668,160

Summary Of Significant Accoun26

Summary Of Significant Accounting Policies (New Accounting Pronouncements) (Details) - USD ($) $ in Millions	May 01, 2018	Apr. 30, 2018
Retained Earnings Adjustments [Line Items]
Future minimum operating lease commitments		$ 820.9
ASU 2016-16
Retained Earnings Adjustments [Line Items]
Cumulative effect adjustment, increase in opening balance of retained earnings	$ 101

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue by Major Service Line) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Disaggregation of Revenue [Line Items]
Interest and fee income on Emerald Advance	$ 447	$ 664
Total revenues	145,183	137,802
U.S. assisted tax preparation
Disaggregation of Revenue [Line Items]
Revenues	31,104	29,963
U.S. royalties
Disaggregation of Revenue [Line Items]
Revenues	7,571	6,967
U.S. DIY tax preparation
Disaggregation of Revenue [Line Items]
Revenues	2,781	3,226
International revenues
Disaggregation of Revenue [Line Items]
Revenues	39,179	40,417
Revenues from Refund Transfers
Disaggregation of Revenue [Line Items]
Revenues	1,424	2,816
Revenues from Emerald Card®
Disaggregation of Revenue [Line Items]
Revenues	14,246	14,987
Revenues from Peace of Mind® Extended Service Plan
Disaggregation of Revenue [Line Items]
Revenues	36,577	31,943
Revenues from Tax Identity Shield®
Disaggregation of Revenue [Line Items]
Revenues	4,741	254
Other
Disaggregation of Revenue [Line Items]
Revenues	$ 7,113	$ 6,565

Revenue Recognition (Deferred R

Revenue Recognition (Deferred Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
POM | Deferred Revenue
Movement in Deferred Revenue [Roll Forward]
Balance, beginning of the period	$ 218,274	$ 211,223
Amounts deferred	1,392	1,403
Amounts recognized on previous deferrals	(40,857)	(35,534)
Balance, end of the period	178,809	177,092
POM | Deferred Wages
Movement in Deferred Revenue [Roll Forward]
Balance, beginning of the period	32,683	31,344
Amounts deferred	62	20
Amounts recognized on previous deferrals	(5,917)	(5,177)
Balance, end of the period	26,828	26,187
TIS | Deferred Revenue
Movement in Deferred Revenue [Roll Forward]
Balance, beginning of the period	36,422	20,623
Amounts deferred	235	146
Amounts recognized on previous deferrals	(4,741)	(254)
Balance, end of the period	31,916	20,515
TIS | Deferred Wages
Movement in Deferred Revenue [Roll Forward]
Balance, beginning of the period	4,548	3,063
Amounts deferred	20	0
Amounts recognized on previous deferrals	(113)	0
Balance, end of the period	$ 4,455	$ 3,063

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details) - POM $ in Millions	3 Months Ended
	Jul. 31, 2018USD ($)
Disaggregation of Revenue [Line Items]
Current deferred revenue	$ 115.6
Expected recognition period	60 months

Loss Per Share and Stockholde30

Loss Per Share and Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	3,400	2,800
Basic weighted average common shares (in shares)	207,673	207,935
Shares retired during period (in shares)	4,200
Shares retired during year, value	$ 97,105
Shares retired during the year, average price (in usd per share)	$ 23.27
Shares repurchased during the period, (in shares)	200	200
Shares repurchased during the period, value	$ 4,600	$ 7,500
Shares issued during period (in shares)	600	2,100
Nonvested units granted	900
Stock-based compensation	$ 4,400	$ 4,800
Unrecognized compensation costs, options	1,000
Unrecognized compensation costs, nonvested shares and units	$ 45,300

Receivables (Schedule Of Short-

Receivables (Schedule Of Short-Term Receivables) (Details) - USD ($) $ in Thousands	Jul. 31, 2018	Apr. 30, 2018	Jul. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, short-term	$ 70,576	$ 146,774	$ 91,004
Receivable, long-term	58,775	52,434	60,945
Loans to franchisees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, short-term	28,250	30,596	37,838
Receivable, long-term	35,776	35,212	40,111
Receivables for U.S assisted and DIY tax preparation and related fees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, short-term	9,084	41,572	3,855
Receivable, long-term	5,503	5,503	6,316
Instant Cash Back® receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, short-term	1,306	27,192	2,411
Receivable, long-term	2,031	2,057	0
H&R Block Emerald Advance® lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, short-term	7,694	15,642	11,632
Receivable, long-term	11,800	5,754	9,711
Software receivables from retailers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, short-term	3,372	6,769	8,178
Receivable, long-term	0	0	0
Royalties and other receivables from franchisees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, short-term	4,257	9,239	6,776
Receivable, long-term	0	761	796
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, short-term	16,613	15,764	20,314
Receivable, long-term	$ 3,665	$ 3,147	$ 4,011

Loss Per Share and Stockholde32

Loss Per Share and Stockholders' Equity (Computations Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Earnings Per Share [Abstract]
Net loss from continuing operations attributable to shareholders	$ (148,797)	$ (127,818)
Amounts allocated to participating securities	(142)	(160)
Net loss from continuing operations attributable to common shareholders	$ (148,939)	$ (127,978)
Basic weighted average common shares (in shares)	207,673	207,935
Potential dilutive shares (in shares)	0	0
Dilutive weighted average common shares (in shares)	207,673	207,935
Basic (in usd per share)	$ (0.72)	$ (0.62)
Diluted (in usd per share)	$ (0.72)	$ (0.62)

Receivables (Narrative) (Detail

Receivables (Narrative) (Details) - USD ($) $ in Millions	Jul. 31, 2018	Jul. 31, 2017
Loans to franchisees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans more than 90 days past due	$ 1.2	$ 0.9
Instant Cash Back® receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balances more than 60 days old	1.4	$ 1.2
Instant Cash Back® receivables | 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loan balances	4.6
Instant Cash Back® receivables | 2016 and prior
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loan balances	$ 1.2

Loss Per Share and Stockholde34

Loss Per Share and Stockholders' Equity (Cost of Shares Retired) (Details) $ in Thousands	3 Months Ended
	Jul. 31, 2018USD ($)
Equity, Class of Treasury Stock [Line Items]
Shares retired during year, value	$ 97,105
Common stock
Equity, Class of Treasury Stock [Line Items]
Shares retired during year, value	42
Additional paid-in-capital
Equity, Class of Treasury Stock [Line Items]
Shares retired during year, value	2,503
Retained earnings
Equity, Class of Treasury Stock [Line Items]
Shares retired during year, value	$ 94,560

Receivables (Schedule Of Receiv

Receivables (Schedule Of Receivables Based On Year Of Origination) (Details) - H&R Block Emerald Advance® lines of credit - USD ($) $ in Thousands	Jul. 31, 2018	Jul. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	$ 46,116	$ 31,466
Allowance	(26,622)	(10,123)
Net balance	19,494	21,343
Non-Accrual	43,890	28,130
2,018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	24,068
Non-Accrual	24,068
2017 and prior
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	7,988
Non-Accrual	7,988
2,017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance		9,346
Non-Accrual		9,346
2016 and prior
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance		6,898
Non-Accrual		6,898
Revolving Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	14,060	15,222
Non-Accrual	$ 11,834	$ 11,886

Receivables (Schedule Of Activi

Receivables (Schedule Of Activity In The Allowance For Doubtful Accounts) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Allowance for Doubtful Accounts [Roll Forward]
Beginning balance	$ 81,813	$ 56,675
Provision	1,617	2,459
Recoveries	(2,475)	0
Charge-offs	(2,155)	(2,831)
Ending balance	78,800	56,303
EAs
Allowance for Doubtful Accounts [Roll Forward]
Beginning balance	26,622	10,123
Provision	0	0
Recoveries	0	0
Charge-offs	0	0
Ending balance	26,622	10,123
All Other
Allowance for Doubtful Accounts [Roll Forward]
Beginning balance	55,191	46,552
Provision	1,617	2,459
Recoveries	(2,475)	0
Charge-offs	(2,155)	(2,831)
Ending balance	$ 52,178	$ 46,180

Goodwill And Intangible Asset37

Goodwill And Intangible Assets (Schedule Of Goodwill) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Goodwill [Roll Forward]
Goodwill before impairment losses, beginning balance	$ 540,168	$ 523,504
Accumulated impairment losses, beginning balance	(32,297)	(32,297)
Goodwill, beginning balance	507,871	491,207
Acquisitions	651	252
Disposals and foreign currency changes, net	(581)	2,532
Impairments	0	0
Goodwill before impairment losses, ending balance	540,238	526,288
Accumulated impairment losses, ending balance	(32,297)	(32,297)
Goodwill, ending balance	$ 507,941	$ 493,991

Goodwill And Intangible Asset38

Goodwill And Intangible Assets (Schedule Of Intangible Assets) (Details) - USD ($) $ in Thousands	Jul. 31, 2018	Apr. 30, 2018	Jul. 31, 2017
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	$ 842,109	$ 843,073	$ 817,028
Accumulated Amortization	(487,278)	(469,092)	(423,056)
Net	354,831	373,981	393,972
Reacquired franchise rights
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	339,747	339,779	331,371
Accumulated Amortization	(119,386)	(113,856)	(96,600)
Net	220,361	225,923	234,771
Customer relationships
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	256,858	256,137	235,413
Accumulated Amortization	(171,542)	(164,005)	(140,881)
Net	85,316	92,132	94,532
Internally-developed software
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	137,914	140,255	143,206
Accumulated Amortization	(114,622)	(111,734)	(112,894)
Net	23,292	28,521	30,312
Noncompete agreements
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	32,888	32,899	32,498
Accumulated Amortization	(30,144)	(29,673)	(28,143)
Net	2,744	3,226	4,355
Franchise agreements
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	19,201	19,201	19,201
Accumulated Amortization	(12,374)	(12,054)	(11,094)
Net	6,827	7,147	8,107
Purchased technology
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	54,700	54,700	54,700
Accumulated Amortization	(39,210)	(37,770)	(33,444)
Net	15,490	16,930	21,256
Acquired assets pending final allocation
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	801	102	639
Accumulated Amortization	0	0	0
Net	$ 801	$ 102	$ 639

Goodwill And Intangible Asset39

Goodwill And Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Payments to acquire franchisee and competitor businesses	$ 1,449	$ 1,440
Amortization	18,100	$ 19,200
Estimated amortization, 2019	69,400
Estimated amortization, 2020	52,800
Estimated amortization, 2021	37,400
Estimated amortization, 2022	25,300
Estimated amortization, 2023	$ 13,400

Long-Term Debt (Components of L

Long-Term Debt (Components of Long-Term Debt) (Details) - USD ($)	Jul. 31, 2018	Apr. 30, 2018	Jul. 31, 2017
Debt Instrument [Line Items]
Outstanding balance under the 2017 CLOC	$ 0
Capital lease obligation	5,376,000	$ 5,628,000	$ 6,368,000
Debt issuance costs and discounts	(9,332,000)	(9,993,000)	(11,954,000)
Long-term debt including current portion	1,496,044,000	1,495,635,000	1,494,414,000
Less: Current portion	(1,038,000)	(1,026,000)	(992,000)
Long-term debt excluding current portion	1,495,006,000	1,494,609,000	1,493,422,000
Senior Notes | Senior Notes, 4.125%, due October 2020
Debt Instrument [Line Items]
Senior notes	650,000,000	650,000,000	650,000,000
Senior Notes | Senior Notes, 5.500%, due November 2022
Debt Instrument [Line Items]
Senior notes	500,000,000	500,000,000	500,000,000
Senior Notes | Senior Notes, 5.250%, due October 2025
Debt Instrument [Line Items]
Senior notes	$ 350,000,000	$ 350,000,000	$ 350,000,000

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details)	Jul. 31, 2018USD ($)	Apr. 30, 2018USD ($)	Jul. 31, 2017USD ($)
Line of Credit Facility [Line Items]
Outstanding balance under the 2017 CLOC	$ 0
Full borrowing capacity amount	1,700,000,000
Estimated fair value of long-term debt	1,500,000,000	$ 1,500,000,000	$ 1,600,000,000
Revolving credit facility
Line of Credit Facility [Line Items]
Aggregate principal amount	2,000,000,000
Available increase in borrowing capacity	$ 500,000,000
Maximum quarterly debt-to-EBITDA ratio	3.50
Maximum annual debt-to-EBITDA ratio	4.50
Minimum interest coverage ratio	2.50
Swingline loans
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 200,000,000
Standby letters of credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 50,000,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Apr. 30, 2018
Income Tax Disclosure [Abstract]
Effective tax rate	25.10%	37.70%
Unrecognized tax benefits	$ 204.5	$ 141.4	$ 186.1
Gross unrecognized tax benefits increase (decrease)	18.4	$ (8.5)
Change in tax benefits that are reasonably possible	17.6
Effect of anticipated settlements of audit issues and expiring statutes of limitations	10
Decrease in deferred tax assets	$ 97.6

Other Income And Other Expens43

Other Income And Other Expenses (Schedule Of Interest Income And Expense Of Continuing Operations) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Other Income and Expenses [Abstract]
Interest income	$ 4,497	$ 1,444
Foreign currency gains (losses), net	(3)	131
Other income, net	48
Other expense, net		(355)
Other income (expense), net	$ 4,542	$ 1,220

Commitments And Contingencies (

Commitments And Contingencies (Details) - USD ($)	3 Months Ended
	Jul. 31, 2018	Apr. 30, 2018	Jul. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
POM Maximum per Tax Return	$ 10,000
Standard guarantee accrual amount	8,600,000	$ 9,400,000	$ 4,500,000
Contingent business acquisition obligations	10,600,000	12,100,000	9,100,000
Lines of credit, total obligation	33,400,000
Remaining franchise equity lines of credit-undrawn commitment	14,300,000
Loss Contingencies [Line Items]
Loss contingency accrual	2,800,000	2,700,000	1,700,000
SCC
Loss Contingencies [Line Items]
Loss contingency accrual	$ 0	$ 0	$ 4,500,000

Litigation And Other Related 45

Litigation And Other Related Contingencies (Details)	3 Months Ended
	Jul. 31, 2018USD ($)securitieslawsuit	Apr. 30, 2018USD ($)	Jul. 31, 2017USD ($)	Sep. 30, 2016loan	Sep. 28, 2012loan
Commitments and Contingencies Disclosure [Abstract]
Loss contingency accrual	$ 2,800,000	$ 2,700,000	$ 1,700,000
Number of loans sold to the trust | loan					96
Loans sold to trust, with claims of breach of contract and indemnity | loan				649
Loss Contingencies [Line Items]
Securitization transactions | securities	39
SCC
Commitments and Contingencies Disclosure [Abstract]
Loss contingency accrual	$ 0	$ 0	$ 4,500,000
Loss Contingencies [Line Items]
Original principal amount of loans securitized	14,000,000,000
Principal assets of SCC	298,000,000
SCC | Claims with Knowledge of Outstanding Principal Amount
Loss Contingencies [Line Items]
Initial principal on loans securitized	$ 3,300,000,000
MGRID LLC v. Merrill Lynch Mortgage Lending Inc
Loss Contingencies [Line Items]
Number of lawsuits | lawsuit	21

Condensed Consolidating Finan46

Condensed Consolidating Financial Statements (Operations) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Condensed Financial Statements, Captions [Line Items]
Total revenues	$ 145,183	$ 137,802
Cost of revenues	221,560	227,715
Selling, general and administrative	105,740	95,249
Total operating expenses	327,300	322,964
Other income (expense), net	4,542	1,220
Interest expense on external borrowings	(21,190)	(21,277)
Loss from continuing operations before income tax benefit	(198,765)	(205,219)
Income tax benefit	(49,968)	(77,401)
Net loss from continuing operations	(148,797)	(127,818)
Net income (loss) from discontinued operations	(3,873)	(2,749)
Net loss	(152,670)	(130,567)
Other comprehensive income (loss)	(1,731)	2,462
Comprehensive loss	(154,401)	(128,105)
Eliminations
Condensed Financial Statements, Captions [Line Items]
Total revenues	(3,126)	(2,848)
Cost of revenues	(591)	(115)
Selling, general and administrative	(2,535)	(2,733)
Total operating expenses	(3,126)	(2,848)
Other income (expense), net	141,283	129,829
Interest expense on external borrowings	0	0
Loss from continuing operations before income tax benefit	141,283	129,829
Net loss from continuing operations	141,283	129,829
Net loss	141,283	129,829
Other comprehensive income (loss)	1,731	(2,462)
Comprehensive loss	143,014	127,367
H&R Block, Inc. (Guarantor) | Reportable entities
Condensed Financial Statements, Captions [Line Items]
Other income (expense), net	(153,616)	(132,264)
Interest expense on external borrowings	0	0
Loss from continuing operations before income tax benefit	(153,616)	(132,264)
Income tax benefit	(946)	(1,697)
Net loss from continuing operations	(152,670)	(130,567)
Net income (loss) from discontinued operations	0	0
Net loss	(152,670)	(130,567)
Other comprehensive income (loss)	(1,731)	2,462
Comprehensive loss	(154,401)	(128,105)
Block Financial (Issuer) | Reportable entities
Condensed Financial Statements, Captions [Line Items]
Total revenues	16,832	17,556
Cost of revenues	5,033	7,860
Selling, general and administrative	3,250	3,206
Total operating expenses	8,283	11,066
Other income (expense), net	9,827	6,073
Interest expense on external borrowings	(21,123)	(21,204)
Loss from continuing operations before income tax benefit	(2,747)	(8,641)
Income tax benefit	(3,701)	(4,623)
Net loss from continuing operations	954	(4,018)
Net income (loss) from discontinued operations	(3,873)	(2,748)
Net loss	(2,919)	(6,766)
Comprehensive loss	(2,919)	(6,766)
Other Subsidiaries | Reportable entities
Condensed Financial Statements, Captions [Line Items]
Total revenues	131,477	123,094
Cost of revenues	217,118	219,970
Selling, general and administrative	105,025	94,776
Total operating expenses	322,143	314,746
Other income (expense), net	7,048	(2,418)
Interest expense on external borrowings	(67)	(73)
Loss from continuing operations before income tax benefit	(183,685)	(194,143)
Income tax benefit	(45,321)	(71,081)
Net loss from continuing operations	(138,364)	(123,062)
Net income (loss) from discontinued operations		(1)
Net loss	(138,364)	(123,063)
Other comprehensive income (loss)	(1,731)	2,462
Comprehensive loss	$ (140,095)	$ (120,601)

Condensed Consolidating Finan47

Condensed Consolidating Financial Statements (Balance Sheets) (Details) - USD ($) $ in Thousands	Jul. 31, 2018	Apr. 30, 2018	Jul. 31, 2017	Apr. 30, 2017
Condensed Financial Statements, Captions [Line Items]
Cash & cash equivalents	$ 979,116	$ 1,544,944	$ 551,566
Cash and cash equivalents - restricted	131,376	118,734	116,594
Receivables, short-term	70,576	146,774	91,004
Income taxes receivable	15,776	12,310
Prepaid expenses and other current assets	85,279	68,951	74,776
Total current assets	1,282,123	1,891,713	833,940
Property and equipment, net	227,003	231,888	253,255
Intangible assets, net	354,831	373,981	393,972
Goodwill	507,941	507,871	493,991	$ 491,207
Deferred tax assets and income taxes receivable	131,683	34,095	54,348
Amounts due from affiliates	0	0	0
Other noncurrent assets	101,457	101,401	102,742
Total assets	2,605,038	3,140,949	2,132,248
Accounts payable and accrued expenses	145,471	251,975	161,751
Accrued salaries, wages and payroll taxes	37,468	141,499	35,063
Accrued income taxes and reserves for uncertain tax positions	178,313	263,050	176,909
Current portion of long-term debt	1,038	1,026	992
Deferred revenue and other current liabilities	201,706	186,101	187,791
Total current liabilities	563,996	843,651	562,506
Long-term debt	1,495,006	1,494,609	1,493,422
Deferred tax liabilities and reserves for uncertain tax positions	231,292	229,430	159,233
Deferred revenue and other noncurrent liabilities	122,735	179,548	131,415
Total liabilities	2,413,029	2,747,238	2,346,576
Stockholders’ equity	192,009	393,711	(214,328)
Total liabilities and stockholders' equity	2,605,038	3,140,949	2,132,248
Eliminations
Condensed Financial Statements, Captions [Line Items]
Income taxes receivable		(2,801)
Total current assets		(2,801)
Investments in subsidiaries	(2,891,056)	(2,933,123)	(2,144,639)
Amounts due from affiliates	(4,098,900)	(3,942,892)	(3,704,992)
Other noncurrent assets	0
Total assets	(6,989,956)	(6,878,816)	(5,849,631)
Accrued income taxes and reserves for uncertain tax positions		(2,801)
Total current liabilities		(2,801)
Amounts due to affiliates	(4,098,900)	(3,942,892)	(3,704,992)
Total liabilities	(4,098,900)	(3,945,693)	(3,704,992)
Stockholders’ equity	(2,891,056)	(2,933,123)	(2,144,639)
Total liabilities and stockholders' equity	(6,989,956)	(6,878,816)	(5,849,631)
H&R Block, Inc. (Guarantor) | Reportable entities
Condensed Financial Statements, Captions [Line Items]
Receivables, short-term			16
Income taxes receivable	2,811	2,801
Total current assets	2,811	2,801	16
Deferred tax assets and income taxes receivable		1,400	5,587
Investments in subsidiaries	2,762,660	2,801,808	2,037,691
Amounts due from affiliates		0	0
Total assets	2,765,471	2,806,009	2,043,294
Accounts payable and accrued expenses	2,216	2,074	2,246
Total current liabilities	2,216	2,074	2,246
Deferred tax liabilities and reserves for uncertain tax positions	10,465	9,286	28,324
Amounts due to affiliates	2,560,781	2,400,938	2,227,052
Total liabilities	2,573,462	2,412,298	2,257,622
Stockholders’ equity	192,009	393,711	(214,328)
Total liabilities and stockholders' equity	2,765,471	2,806,009	2,043,294
Block Financial (Issuer) | Reportable entities
Condensed Financial Statements, Captions [Line Items]
Cash & cash equivalents	3,759	4,346	7,480
Cash and cash equivalents - restricted			8,069
Receivables, short-term	40,457	51,562	54,187
Prepaid expenses and other current assets	1,954	1,954	2,280
Total current assets	46,170	57,862	72,016
Property and equipment, net	418	467	66
Deferred tax assets and income taxes receivable	17,941	17,798	32,047
Amounts due from affiliates	1,538,119	1,541,954	1,477,940
Other noncurrent assets	56,004	50,073	60,242
Total assets	1,658,652	1,668,154	1,642,311
Accounts payable and accrued expenses	7,511	16,628	6,870
Accrued salaries, wages and payroll taxes	1,423	1,161	1,070
Accrued income taxes and reserves for uncertain tax positions	1,060	1,060
Deferred revenue and other current liabilities	24,952	22,172	30,412
Total current liabilities	34,946	41,021	38,352
Long-term debt	1,490,668	1,490,007	1,488,046
Deferred tax liabilities and reserves for uncertain tax positions	3,989	4,963	8,037
Deferred revenue and other noncurrent liabilities	653	848	928
Total liabilities	1,530,256	1,536,839	1,535,363
Stockholders’ equity	128,396	131,315	106,948
Total liabilities and stockholders' equity	1,658,652	1,668,154	1,642,311
Other Subsidiaries | Reportable entities
Condensed Financial Statements, Captions [Line Items]
Cash & cash equivalents	975,357	1,540,598	544,086
Cash and cash equivalents - restricted	131,376	118,734	108,525
Receivables, short-term	30,119	95,212	36,801
Income taxes receivable	12,965	12,310
Prepaid expenses and other current assets	83,325	66,997	72,496
Total current assets	1,233,142	1,833,851	761,908
Property and equipment, net	226,585	231,421	253,189
Intangible assets, net	354,831	373,981	393,972
Goodwill	507,941	507,871	493,991
Deferred tax assets and income taxes receivable	113,742	14,897	16,714
Investments in subsidiaries	128,396	131,315	106,948
Amounts due from affiliates	2,560,781	2,400,938	2,227,052
Other noncurrent assets	45,453	51,328	42,500
Total assets	5,170,871	5,545,602	4,296,274
Accounts payable and accrued expenses	135,744	233,273	152,635
Accrued salaries, wages and payroll taxes	36,045	140,338	33,993
Accrued income taxes and reserves for uncertain tax positions	177,253	264,791	176,909
Current portion of long-term debt	1,038	1,026	992
Deferred revenue and other current liabilities	176,754	163,929	157,379
Total current liabilities	526,834	803,357	521,908
Long-term debt	4,338	4,602	5,376
Deferred tax liabilities and reserves for uncertain tax positions	216,838	215,181	122,872
Deferred revenue and other noncurrent liabilities	122,082	178,700	130,487
Amounts due to affiliates	1,538,119	1,541,954	1,477,940
Total liabilities	2,408,211	2,743,794	2,258,583
Stockholders’ equity	2,762,660	2,801,808	2,037,691
Total liabilities and stockholders' equity	$ 5,170,871	$ 5,545,602	$ 4,296,274

Condensed Consolidating Finan48

Condensed Consolidating Financial Statements (Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Condensed Financial Statements, Captions [Line Items]
Net cash used in operating activities	$ (375,563)	$ (409,115)
Capital expenditures	(12,057)	(13,094)
Payments made for business acquisitions, net of cash acquired	(1,449)	(1,440)
Franchise loans funded	(1,805)	(4,527)
Payments received on franchise loans	5,104	4,727
Other, net	3,645	1,371
Net cash used in investing activities	(6,562)	(12,963)
Dividends paid	(52,104)	(49,905)
Repurchase of common stock, including shares surrendered	(101,665)	(7,508)
Proceeds from exercise of stock options	1,355	27,418
Other, net	(17,494)	2,545
Net cash used in financing activities	(169,908)	(27,450)
Effects of exchange rate changes on cash	(1,153)	149
Net decrease in cash, cash equivalents and restricted cash	(553,186)	(449,379)
Cash, cash equivalents and restricted cash, beginning of period	1,663,678	1,117,539
Cash, cash equivalents and restricted cash, end of period	1,110,492	668,160
Eliminations
Condensed Financial Statements, Captions [Line Items]
Intercompany borrowings (payments)	149,696	16,043
Net cash used in investing activities	149,696	16,043
Intercompany borrowings (payments)	(149,696)	(16,043)
Net cash used in financing activities	(149,696)	(16,043)
H&R Block, Inc. (Guarantor) | Reportable entities
Condensed Financial Statements, Captions [Line Items]
Dividends paid	(52,104)	(49,905)
Repurchase of common stock, including shares surrendered	(101,665)	(7,508)
Proceeds from exercise of stock options	1,355	27,418
Intercompany borrowings (payments)	152,414	29,995
Block Financial (Issuer) | Reportable entities
Condensed Financial Statements, Captions [Line Items]
Net cash used in operating activities	(6,335)	(9,721)
Capital expenditures		(2)
Franchise loans funded	(1,791)	(4,527)
Payments received on franchise loans	5,006	4,524
Intercompany borrowings (payments)	2,718	13,952
Other, net	(185)	(1,223)
Net cash used in investing activities	5,748	12,724
Net decrease in cash, cash equivalents and restricted cash	(587)	3,003
Cash, cash equivalents and restricted cash, beginning of period	4,346	12,546
Cash, cash equivalents and restricted cash, end of period	3,759	15,549
Other Subsidiaries | Reportable entities
Condensed Financial Statements, Captions [Line Items]
Net cash used in operating activities	(369,228)	(399,394)
Capital expenditures	(12,057)	(13,092)
Payments made for business acquisitions, net of cash acquired	(1,449)	(1,440)
Franchise loans funded	(14)
Payments received on franchise loans	98	203
Intercompany borrowings (payments)	(152,414)	(29,995)
Other, net	3,830	2,594
Net cash used in investing activities	(162,006)	(41,730)
Intercompany borrowings (payments)	(2,718)	(13,952)
Other, net	(17,494)	2,545
Net cash used in financing activities	(20,212)	(11,407)
Effects of exchange rate changes on cash	(1,153)	149
Net decrease in cash, cash equivalents and restricted cash	(552,599)	(452,382)
Cash, cash equivalents and restricted cash, beginning of period	1,659,332	1,104,993
Cash, cash equivalents and restricted cash, end of period	$ 1,106,733	$ 652,611