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48 2015 Form 10-K | H&R Block, Inc.
CONSOLIDATED BALANCE SHEETS (in 000s, except share and
per share amounts)
As of April 30, 2015 2014
ASSETS
Cash and cash equivalents $ 2,007,190 $ 2,185,307
Cash and cash equivalents - restricted 91,972 115,319
Receivables, less allowance for doubtful accounts
of $54,527 and $52,578 167,964 191,618
Deferred tax assets and income taxes receivable 174,267 135,327
Prepaid expenses and other current assets 70,283 62,940
Investments in available-for-sale securities 439,625 423,495
Total current assets 2,951,301 3,114,006
Mortgage loans held for investment, less allowance for loan losses
of $7,886 and $11,272 239,338 268,428
Property and equipment, at cost, less accumulated depreciation and
amortization of $518,797 and $446,049 311,387 304,911
Intangible assets, net 432,142 355,622
Goodwill 441,831 436,117
Deferred tax assets and income taxes receivable 13,461 47,247
Other noncurrent assets 125,960 167,198
Total assets $ 4,515,420 $ 4,693,529
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Customer banking deposits $ 744,241 $ 769,785
Accounts payable and accrued expenses 231,322 222,489
Accrued salaries, wages and payroll taxes 144,744 167,032
Accrued income taxes 434,684 406,655
Current portion of long-term debt 790 400,637
Deferred revenue and other current liabilities 322,508 346,518
Total current liabilities 1,878,289 2,313,116
Long-term debt 505,298 505,837
Deferred tax liabilities and reserves for uncertain tax positions 142,586 157,465
Deferred revenue and other noncurrent liabilities 156,298 160,562
Total liabilities 2,682,471 3,136,980
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Common stock, no par, stated value $.01 per share, 800,000,000 shares
authorized, shares issued of 316,628,110 3,166 3,166
Additional paid-in capital 783,793 766,654
Accumulated other comprehensive income 1,740 5,177
Retained earnings 1,836,442 1,589,297
Less treasury shares, at cost (792,192) (807,745)
Total stockholders' equity 1,832,949 1,556,549
Total liabilities and stockholders' equity $ 4,515,420 $ 4,693,529
See accompanying notes to consolidated financial statements.