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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Jan. 31, 2026
Jan. 31, 2025
Cash flows from operating activities:    
Net Income (Loss) $ 3,033 $ 119,817
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Depreciation and amortization expense 31,637 24,701
Impairment loss 1,018 1,247
Stock-based compensation 8,955 9,380
Loss on disposal of property and equipment 2,210 3,209
Net (gains) losses on investment in marketable securities 4,005 (15,596)
Net (gains) losses on derivative instruments (6,514) (5,586)
Shares issued to an employee in lieu of cash compensation 336 1,545
Deferred income tax (5,819) 2,743
Income tax expense related to write-down of long-term deposits 5,908 0
Other noncash 50 828
Changes in operating assets and liabilities, net of acquisitions:    
Accounts and other receivables (317,911) (230,569)
Merchandise inventories (29,863) 9,916
Textbook rental inventories (17,223) (31,198)
Prepaid expenses and other current assets (11,463) (16,309)
Long-term deposits 39 48
Changes in lease right-of-use assets and liabilities 4,912 (116)
Other assets 7,574 (26,292)
Accounts payable and accrued liabilities 255,000 7,046
Other current liabilities 81 15,747
Deferred revenue 40,012 30,916
Other long-term liabilities (757) (9,151)
Net cash flows provided by (used in) operating activities (24,780) (107,674)
Cash flows from investing activities:    
Purchases of marketable securities and other investments (20,049) (80,951)
Proceeds from sale or maturities of marketable securities and other investments 70,196 115,710
Proceeds from sale of derivative instruments 13,249 11,491
Payments for settlement of derivative instruments (5,521) (4,856)
Acquisition of business net of cash acquired 0 (29,647)
Purchase of property and equipment (11,781) (8,134)
Proceeds from disposal of property and equipment 0 792
Net cash flows provided by (used in) investing activities 46,094 4,405
Cash flows from financing activities:    
Proceeds from borrowings 604,000 616,455
Repayment of borrowing (568,700) (576,491)
Proceeds from sale of Barnes & Noble Education common stock, net of commissions and issuance costs 0 78,251
Equity issuance costs (795)  
Payment of deferred financing costs (1,900)  
Dividend payments to stockholders (5,526) (11,340)
Payment of finance lease principal (379) 0
Shares withheld to cover payroll taxes (2,164) (2,725)
Other financing activities (11) (1,170)
Net cash flows provided by (used in) financing activities 24,525 102,980
Net increase (decrease) in cash, cash equivalents, and restricted cash 45,839 (289)
Cash, cash equivalents, and restricted cash:    
Beginning of period 92,273 85,521
End of period $ 138,112 $ 85,232