v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Cash flows from operating activities:    
Net Income (Loss) $ 9,213 $ 93,582
Adjustments to reconcile net income (loss) to cash flows from operating activities    
Depreciation and amortization expense 42,602 35,373
Stock-based compensation 10,768 13,689
Impairment loss 5,089 1,247
Loss on disposal of property and equipment 2,323 1,130
Deferred income taxes (656) 7,088
Net losses (gains) on investment in marketable securities 3,751 (1,398)
Net gains on derivative instruments (9,409) (3,987)
Shares issued to an employee in lieu of cash compensation 491 1,589
Income tax expense related to write-down of long-term deposits 5,908  
Other noncash 51 1,327
Changes in operating assets and liabilities, net of acquisitions:    
Accounts and other receivables (17,634) 17,616
Merchandise inventories 1,215 37,179
Textbook rental inventories (596) (21,281)
Prepaid expenses and other current assets (7,006) 5,039
Changes in lease right-of-use assets and liabilities 12,875 (18,071)
Long-term deposits 52 61
Other assets 9,024 (25,339)
Accounts payable and accrued liabilities 7,708 (188,998)
Other current liabilities (30) (7,774)
Deferred revenue (3,311) (9,222)
Other long-term liabilities (13,362) 3,574
Net cash flows provided by (used in) operating activities 59,066 (57,576)
Cash flows from investing activities:    
Purchases of marketable securities and other investments (62,740) (101,988)
Proceeds from sale or maturities of marketable securities and other investments 118,907 138,885
Proceeds from sale of derivative instruments 24,148 16,851
Payments for settlement of derivative instruments (12,618) (8,549)
Acquisition of business net of cash acquired 0 (31,379)
Purchase of property and equipment (16,196) (11,237)
Proceeds from disposal of property and equipment 0 792
Net cash flows provided by (used in) investing activities 51,501 3,375
Cash flows from financing activities:    
Proceeds from borrowings 812,900 836,153
Repayment of borrowing (845,000) (834,290)
Proceeds from sale of Barnes & Noble Education common stock, net of commissions and issuance costs 0 78,061
Payment of deferred financing costs (1,900) 0
Dividend payments to stockholders (8,050) (12,854)
Payment for purchases of treasury stock (10) (2,376)
Shares withheld to cover payroll taxes (2,329) (3,741)
Payment of finance lease principal (365) 0
Net cash flows provided by (used in) financing activities (44,754) 60,953
Net increase (decrease) in cash, cash equivalents, and restricted cash 65,813 6,752
Cash, cash equivalents, and restricted cash:    
Beginning of period 92,273 85,521
End of period $ 158,086 $ 92,273