← JOHN WILEY & SONS, INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $17.2m | ($200.3m) | $84.2m | $221.6m | |
| Net Income (Loss) Attributable to Parent | $113.6m | $192.2m | $168.3m | ($74.3m) | $148.3m | $148.3m | $17.2m | ($200.3m) | $84.2m | $221.6m | |
| Depreciation, Depletion and Amortization | $156.6m | $154.0m | $161.2m | $175.1m | $200.2m | $215.2m | $213.3m | $177.0m | $147.1m | $74.4m | |
| Amortization of Intangible Assets | $49.7m | $48.2m | $54.7m | $62.4m | $74.7m | $84.8m | $84.9m | $56.0m | $51.8m | — | |
| Capitalized Computer Software, Amortization | $48.3m | $45.4m | $50.1m | $55.7m | $69.2m | $73.8m | $78.4m | $83.2m | $65.3m | — | |
| Depreciation | $66.7m | $64.3m | $69.4m | $76.7m | $91.1m | $95.2m | $96.0m | $98.2m | $78.7m | $74.4m | |
| Amortization Cash Flow | — | — | — | — | — | — | $118.1m | $80.0m | $69.5m | $71.9m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $118.1m | $80.0m | $69.5m | $71.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $214.1m | $178.2m | $148.2m | $146.2m | |
| Deferred Income Tax Expense (Benefit) | ($28.8m) | ($23.1m) | ($12.7m) | ($27.6m) | ($10.3m) | $3.5m | ($37.5m) | ($37.9m) | $939k | — | |
| Share-based Payment Arrangement, Noncash Expense | $17.6m | $11.2m | $18.3m | $20.0m | $22.0m | $25.7m | $26.5m | $25.0m | $22.2m | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | $7.0m | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | — | — | ($3.7m) | ($10.2m) | ($183.4m) | ($23.3m) | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | $202.3m | $0 | $0 | $99.8m | $108.4m | — | — | |
| Goodwill, Impairment Loss | — | — | — | $110.0m | $0 | $0 | $99.8m | $108.4m | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | $3.6m | $0 | — | — | — | — | — | — | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $99.8m | $108.4m | $0 | $0 | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | $3.7m | $10.2m | — | — | — | |
| Income Tax Expense (Benefit) | $77.5m | $21.7m | $44.7m | $11.2m | $27.7m | $61.4m | $15.9m | $13.3m | $58.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | $49.0m | $52.5m | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | $9.7m | $3.9m | ($4.0m) | $5.5m | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | — | ($2.8m) | ($2.2m) | ($20.4m) | $21.8m | ($85.9m) | $4.2m | — | |
| Increase (Decrease) in Inventories | ($8.0m) | ($13.5m) | ($3.8m) | $2.7m | ($7.8m) | ($2.3m) | $522k | ($5.4m) | $1.4m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $421k | ($12.8m) | ($6.0m) | $2.8m | ($8.0m) | ($3.2m) | $894k | ($3.0m) | ($8.1m) | — | |
| General and Administrative Expense | $524.2m | $182.0m | $168.8m | $180.1m | — | — | — | — | — | — | |
| Goodwill | $982.1m | $1.0b | $1.1b | $1.1b | $1.3b | $1.3b | $1.2b | $1.1b | $1.1b | — | |
| Inventory Write-down | — | — | — | — | $14.0m | $11.2m | $13.0m | $11.9m | $11.1m | — | |
| Operating Expenses | $988.6m | $994.6m | — | — | — | — | — | — | — | — | |
| Payments of Financing Costs | $0 | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | — | $3.8m | — | — | — | — | — | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | $100.7m | $107.3m | $99.5m | $85.9m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($168.6m) | ($107.2m) | ($125.3m) | ($298.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($98.4m) | ($106.6m) | ($94.0m) | $28.1m | |
| Change In Account Payable | — | — | — | — | — | — | $22.9m | ($38.5m) | $8.1m | ($12.5m) | |
| Change In Accrued Expense | — | — | — | — | — | — | ($48.8m) | $19.3m | ($19.9m) | ($26.9m) | |
| Change In Inventory | — | — | — | — | — | — | ($522k) | $5.4m | ($1.4m) | $6.7m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($26.9m) | ($25.9m) | ($22.2m) | ($22.7m) | |
| Change In Other Working Capital | — | — | — | — | — | — | ($86.3m) | ($68.4m) | ($105.1m) | ($42.9m) | |
| Change In Payable | — | — | — | — | — | — | $22.9m | ($38.5m) | $8.1m | ($12.5m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($25.9m) | ($19.2m) | ($11.8m) | ($39.4m) | |
| Change In Receivables | — | — | — | — | — | — | $26.8m | ($22.1m) | $8.0m | ($19.9m) | |
| Change In Working Capital | — | — | — | — | — | — | ($112.8m) | ($130.1m) | ($132.6m) | ($118.2m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $26.8m | ($22.1m) | $8.0m | ($19.9m) | |
| Changes In Cash | — | — | — | — | — | — | $10.1m | ($6.2m) | ($16.8m) | ($9.7m) | |
| End Cash Position | — | — | — | — | — | — | $107.3m | $99.5m | $85.9m | $75.7m | |
| Financing Cash Flow | — | — | — | — | — | — | ($168.6m) | ($107.2m) | ($125.3m) | ($298.3m) | |
| Free Cash Flow | — | — | — | — | — | — | $170.4m | $105.9m | $119.8m | $176.7m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | ($10.2m) | $183.4m | $23.3m | $4.8m | |
| Investing Cash Flow | — | — | — | — | — | — | ($98.4m) | ($106.6m) | ($94.0m) | $28.1m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $8.3m | ($4.9m) | ($11.2m) | $112.0m | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($894k) | $3.0m | $8.1m | $6.6m | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($25.5m) | ($25.7m) | ($21.3m) | ($32.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($81.2m) | ($76.1m) | ($61.5m) | ($51.2m) | |
| Operating Gains Losses | — | — | — | — | — | — | $15.8m | $214.2m | $63.5m | $43.4m | |
| Other Non Cash Items | — | — | — | — | — | — | $16.5m | $12.2m | $17.1m | ($53.1m) | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $27.0m | $27.8m | $32.0m | $32.0m | |
| Purchase Of Business | — | — | — | — | — | — | ($7.3m) | ($4.9m) | ($11.2m) | ($243k) | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($25.5m) | ($25.7m) | ($21.3m) | ($32.7m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($81.2m) | ($76.1m) | ($61.5m) | ($51.2m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($35.0m) | ($45.0m) | ($60.4m) | ($100.1m) | |
| Sale Of Business | — | — | — | — | — | $3.4m | $15.6m | — | — | $112.2m | |
| Stock Based Compensation | — | — | — | — | — | — | $26.5m | $25.0m | $22.2m | $20.6m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | — | — | — | — | — | — | — | ($200k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $314.9m | $381.8m | $250.8m | $288.4m | $359.9m | $339.1m | $277.1m | $207.6m | $202.6m | $260.5m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $110.7m | $114.2m | $77.2m | $88.6m | $77.4m | $88.8m | $81.2m | $76.1m | $61.5m | ($83.8m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $154.8m | $0 | $190.4m | $229.6m | $299.9m | $75.7m | $7.3m | $3.1m | $3.6m | — | |
| Net Other Investing Changes | — | — | — | — | — | $3.4m | $15.6m | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($242.6m) | ($177.4m) | ($301.5m) | ($346.7m) | ($433.2m) | ($194.0m) | ($98.4m) | ($106.6m) | ($94.0m) | — | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $683.0m | $459.3m | $596.3m | $934.3m | $593.4m | $650.9m | $1.0b | $1.2b | $1.2b | — | |
| Issuance Of Debt | — | — | — | — | — | — | $1.0b | $1.2b | $1.2b | $965.3m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.0b | $1.2b | $1.2b | $965.3m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($43.8m) | $23.3m | $18.2m | ($115.9m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($38.9m) | $27.8m | $13.5m | ($120.3m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($4.8m) | ($4.5m) | $4.7m | $4.4m | |
| Repayments of Long-term Debt | $923.0m | $467.9m | $476.2m | $630.6m | $562.8m | $661.9m | $1.0b | $1.2b | $1.2b | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.0b) | ($1.2b) | ($1.2b) | ($1.1b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.0b) | ($1.2b) | ($1.2b) | ($1.1b) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($35.0m) | ($45.0m) | ($60.4m) | ($100.1m) | |
| Payments for Repurchase of Common Stock | $50.3m | $39.7m | $60.0m | $46.6m | $15.8m | $30.0m | $35.0m | $45.0m | $60.4m | — | |
| Payments of Ordinary Dividends, Common Stock | $71.5m | $73.5m | $75.8m | $76.7m | $76.9m | $77.2m | $77.3m | $77.0m | $76.1m | — | |
| Common Stock Payments | — | — | — | — | — | — | ($35.0m) | ($45.0m) | ($60.4m) | ($100.1m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($77.3m) | ($77.0m) | ($76.1m) | ($74.4m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($12.5m) | ($8.5m) | ($7.0m) | ($8.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($346.2m) | ($96.8m) | ($17.6m) | $172.7m | ($47.1m) | ($131.6m) | ($168.6m) | ($107.2m) | ($125.3m) | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($31.0m) | $3.7m | ($8.4m) | ($4.9m) | $11.6m | ($7.1m) | ($3.6m) | ($1.5m) | $3.1m | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($3.6m) | ($1.5m) | $3.1m | ($581k) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($31.0m) | $3.7m | ($76.7m) | $109.5m | ($108.7m) | $6.4m | $6.5m | ($7.7m) | ($13.6m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($31.0m) | $3.7m | $93.5m | $203.0m | $94.4m | $100.7m | $107.3m | $99.5m | $3.1m | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $6.5m | ($7.7m) | ($13.6m) | ($10.3m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $15.7m | $12.2m | $14.9m | $23.6m | $17.2m | $17.8m | $36.1m | $47.1m | $51.3m | $43.1m | |
| Income Taxes Paid, Net | $33.7m | $48.7m | $48.3m | $41.5m | $41.1m | $48.9m | $50.9m | $50.8m | $53.9m | $58.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.